ARGUS Air Daily

The Argus Air Daily service provides comprehensive coverage of all key price indexes, market trades and news for environmental commodity markets in the US and Canada. Clients benefit from daily market insights into the latest developments on regulations, greenhouse gas reduction programmes, air quality and renewable credit markets, along with detailed pricing on a state and federal level.

Key features:

• North American carbon markets for California, RGGI (Regional Greenhouse Gas Initiative), and Canada.
• North American renewable fuel markets for US biofuel RINs (renewable identification numbers) and the California and Oregon LCFS (low-carbon fuel standard), including LCFS premiums for ethanol, biodiesel, and alternative jet-fuel.
• REC (renewable energy certificate) compliance and voluntary markets (Green-e)
• SO₂ and NO_X markets
• Texas ERC (emission reduction credit) market
• Regulatory and market events calendar
• Corporate sustainability news, including progress tracking

Markets covered  

Carbon coverage

• Alberta: Carbon offsets monthly pricing
• California Carbon Allowances (CCAs): Daily assessments for prompt-month and December-delivery
• CCAs: Daily and month-to-date volume-weighted averages
• CCAs: Compliance costs for gasoline and diesel
• California Carbon Offsets (CCO) weekly pricing for credits with a three-year and eight-year invalidation and for seller-guaranteed CCOs
• CCA-CCO spreads
• RGGI CO2: Daily prompt-month and December-delivery assessments
• RGGI CO2: Daily and month-to-date volume-weighted averages
• Monthly benchmark RGGI CO2 index
• Quebec: Carbon compliance costs for gasoline and diesel

Renewable fuels coverage

• California LCFS credits: Daily assessments and month-to-date volume-weighted averages
• California LCFS: Premiums for ethanol, biodiesel and alternative jet fuel
• California LCFS: Month-to-date volume-weighted average
• Oregon LCFS: Daily assessment
• Oregon LCFS: Premiums for ethanol, biodiesel and alternative jet fuel
• California-Oregon LCFS spreads
• US renewable identification numbers (RINs): Daily assessments for ethanol (D6), biodiesel (D4), cellulosic biofuel (D3) and advanced biofuel (D5) RINs.
• California LCFS-D5 RIN spreads
• Oregon LCFS-D5 RIN spread

RECs coverage

• All daily assessed REC markets: Monthly trade indices
• California category 3 compliance RECs weekly assessment
• Connecticut Class I: Current and forward-year daily assessments
• Connecticut Class III: Current and forward-year weekly assessments
• DC SREC: Current year daily assessment
• New Hampshire Class I: Current and forward-year monthly assessments
• Maryland Tier I: Current year daily assessment
• Maryland SREC: Current year daily assessment
• Massachusetts Class I: Current and forward-year daily assessments
• Massachusetts SREC-I: Current year daily assessment
• Massachusetts SREC-II: Current year daily assessment
• NEPOOL Class I dual-qualified: Current and forward-year daily assessments
• New Jersey Class I: Current and forward-year daily assessments
• New Jersey Class II: Current and forward-year weekly assessments
• New Jersey SRECs: Current and forward-year daily assessments
• Pennsylvania Tier I: Current year daily assessment
• Pennsylvania SREC: Current year daily assessment
• PJM Class I tri-qualified: Current and forward-year daily assessment
• Ohio SREC: Current and forward-year monthly assessments
• Texas compliance RECs weekly assessment
• Green-e national any: Weekly assessment
• Green-e Texas wind: Weekly assessment
• PJM Class I current and forward-year spreads
• Massachusetts Class I current and forward-year spreads
• Connecticut Class I current and forward-year spreads
• New Jersey Class I current and forward-year spreads
• New Jersey SREC current and forward-year spreads
• Daily renewable energy generation data for key US grids

US SO₂ and NO_x coverage

• Daily Cross-State Air Pollution Rule seasonal and annual NO_x assessments
• Daily Cross-State Air Pollution Rule SO₂ assessments
• Daily Acid Rain SO₂ assessments
• Texas Emission Reduction Credit market activity
• Weekly and monthly indexes

Customers that benefit

The service is an essential source of information for those involved in the emissions and environmental markets, including:

• Generators
• Utilities
• Wind & solar project developers
• Traders
• Brokers
• Governments
• Regulators
• Exchanges
• Coal producers
• Coal consumers
• Regional transmissions organizations
• Banks
• Corporate organizations

Utility companies rely on Argus Air Daily to stay abreast of regulatory developments in compliance markets, ensuring their obligations are met and future risk is minimised. They use our prices to provide a regular, impartial assessment of the value of their portfolio.

Regulators use Argus Air Daily to remain up-to-date on regulatory developments and gain visibility into prices in all environmental commodity markets, including the ones they manage. They use our independent price assessments to track changes and make informed decisions on their regulations and in developing new ones.

Traders trust our independent price assessments to inform their day-to-day decisions with reliable insights. Data fed directly into their back offices allows for efficient daily marking of their books. Having one source for the latest market-moving news and prices helps ensure that they are effectively mitigating risk and taking advantage of opportunities.

Corporate companies that have already committed to, or are interested in making, greenhouse gas reduction and renewable energy investments, use Argus Air Daily to stay abreast of news and other corporate developments in the market. Our voluntary and compliance price assessments and news provide them with a broader overview and understanding of the environmental commodity markets as a whole, and allows for more informed decision making.