Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


AirCarbon Touts New Digital Carbon Credits Exchange (Int'l Report)
Carbon Credit, AirCarbon Pte
Date: 2019-11-01
In Singapore, AirCarbon Pte Ltd. reports its newly launched global blockchain-based AirCarbon Exchange will provide a ready supply of credits (EEUs) to airlines and other corporate buyers wishing to acquire CO2 offsets for compliance and voluntary purposes.

These credits, when approved, will be eligible under the International Civil Aviation Organization's (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) regime. Each tradable token will be backed by one equivalent tonne of CORSICA-compliant, highly liquid and tradable carbon credits. AirCarbon is applying for the recognized market operator (RMO) licence from the Monetary Authority of Singapore, and aims for the exchange to be fully operational in 2020.

AirCarbon also operates the AirCarbon Fund, an investment fund which invests in carbon-mitigating projects such as reforestation, methane capture and carbon emissions reduction. Through these projects, the fund intends to generate CORSIA-compliant tradable carbon offsets, which will then be listed on the exchange. (Source: AirCarbon Pte, Business Times, 30 Oct., 2019) Contact: AirCarbon Pte Ltd., www.aircarbon.com

More Low-Carbon Energy News Carbon Credit,  EEUs,  Carbon Offset,  ICAO,  


Gulfstream Announces First Carbon-Neutral Flights (Ind. Report)
Gulfstream
Date: 2019-10-21
General Dynamics subsidiary Gulfstream Aerospace Corp. reports the Gulfstream G650ER, Gulfstream G600, Gulfstream G500, Gulfstream G550 and Gulfstream G280 made the company's first carbon-neutral flights, traveling from Savannah, Ga., to Las Vegas using a combination of sustainable aviation fuel (SAF) and carbon offsets.

The flights used a 30/70 blend of low-carbon, drop-in SAF and traditional, petroleum-based Jet A fuel. The emissions associated with using 70 pct Jet A were more than offset by the company's purchase, for a per-flight-hour fee, of verified emission reduction (VERs) credits through a third-party offset provider. The offsets represented more than 200 percent of the carbon emitted during the trip. (Source: Gulfstream Aerospace Corp., PR, 21 Oct., 2019) Contact: Gulfstream Aerospace, www.culfstream.com

More Low-Carbon Energy News Carbon Credits,  VERs,  Carbon Neutral,  


Global Carbon Credits Index Launched in UK (Int'l Report)
IHS Markit, Climate Finance Partners
Date: 2019-09-27
London, UK-headquartered information and analytics provider IHS Markit reports the launch of its Global Carbon Index, the first benchmark for the global price of carbon credits.

The Index tracks the performance of the largest, most liquid and most accessible tradable carbon markets -- the European Union Emission Trading System (EU ETS), the California Cap-and-Trade Program, and the Regional Greenhouse Gas Initiative (RGGI). The index is calculated using OPIS data and carbon credit futures pricing in those markets.

The IHS Markit Global Carbon Index was developed in consultation with Climate Finance Partners, a specialist in climate finance. IHS Markit is also well known for its daily OPIS Carbon Market Report, national carbon policies database and for developing industry standard methodologies for greenhouse gas accounting and disclosures. Its research and expertise on carbon policy impact, low-carbon and cleantech technologies and carbon risk management guide companies in energy, petrochemical, automotive, shipping, agriculture and other sectors critical to the global economy. (Source: IHS Markit , 25 Sept., 2019) Contact: IHS Markit, www.ihsmarkit.com

More Low-Carbon Energy News RGGI,  EU ETS,  IHS Markit Carbon Market,  Carbon Credit,  


Maritime Shipper NYK Touts First Carbon-Neutral Voyage (Int'l.)
NYK
Date: 2019-09-20
In the Land of the Rising Sun, maritime shipping giant NYK Line is reporting its first carbon-neutral voyage from Japan to the Middle East offset 5,000 tons of CO2.

The voyage was completed by the car carrier Aries Leader which is equipped with the latest energy-saving technologies, which the company claims reduces CO2 emissions per unit by 30 pct compared with existing large pure car carriers, comparing emissions on a per car basis. In this initiative, the remaining CO2 emissions not yet eliminated by technology were offset by carbon credits. (Source: NYK, PR, Sept., 2019) Contact: NYK Line, www.nyk.com › english

More Low-Carbon Energy News Maritime Emissions,  Carbon-Neutral,  


Fiji Proposes Sweeping Climate Change Legislation (Int'l. Report)
Fiji,Climate Change
Date: 2019-09-09
In the South Pacific, the more than 300 island archipelago nation of Fiji, one of the most threatened island nations by the potential ravages of climate change, is proposing new climate change legislation.

The legislation will introduce a carbon credit scheme, reward climate-friendly infrastructure projects, and a plan for the possible relocation of climate change related threatened coastal communities.

Fiji, with a population of roughly 910,000, also plans to make 30 pct of its exclusive economic zone a marine protected area with the entire area to be "sustainably managed" by 2030. The legislation is expected to be passed into law before the year end. (Source: Gov. of Fiji, Stock Daily Dish, 7 Sept., 2019) Contact: Fiji Attorney General Aiyaz Saiyed-Khaiyum, en.wikipedia.org/wiki/Aiyaz_Sayed-Khaiyum

More Low-Carbon Energy News Climate Change,  Climate Change Legislation,  Fiji,  


Quito Airport Lands Airport Carbon Accreditation (Int'l)
Airport Carbon Accreditation
Date: 2019-08-28
In Ecuador, Quito's Mariscal Sucre International Airport reports it is Latin America's first international airport to achieve carbon-neutral status in ACI's Airport Carbon Accreditation programme.

The Quito airport Operator, Corporacion Quiport, joined the Airport Carbon Accreditation programme in 2015 and has achieved carbon-neutral status through concrete actions to reduce greenhouse gas emissions, reduce fuel consumption, increase energy efficiency, improve water management, maintain conservation areas for flora and fauna and more. The Quito Airport's 2018 carbon footprint was calculated at 3,273 tons of CO2 emissions, a 41 pct drop compared to 2014 as the base year (5,534 tons of CO2).

The airport offsets its direct emissions by buying certified carbon credits in sustainable projects including the MANOA REDD+ Project which works to preserve 74,000 hectares of forest in Rondônia State, Brazil. (Source: TASS, World Airport, 27 Aug., 2019) Contact: Airport Carbon Accreditation, +44 845 868 2708, www.airportcarbonaccreditation.org

More Low-Carbon Energy News Carbon Neutral,  Airport Carbon Accreditation,  


dynaCERT Touts Fuel, Emissions Reduction Technology (Ind. Report)
dynaCERT
Date: 2019-08-23
York, Ontario-based next generation Carbon Emission Reduction Technology developer dynaCERTdynaCERT Inc.-- the CERT in dynaCERT stands for Combustion Emission Reduction Technology -- reports it is advancing global sales of HydraGEN™ (HG), the next generation of Carbon Emission Reduction Technology for diesel engines.

Independent TUV testing of dynaCERT HG units confirms emission reduction in NOx of 55 pct, CO of 50 pct, and particulate matter of 75 pct, all while saving fuel, providing better torque, and lowering maintenance costs, according to the company.

dynaCERT has also initiated Carbon Credit applications for its HG Technology and engaged UK-based International Environmental Partners Ltd for that effort. (Source: dynaCERT, PR, Aug., 2019) Contact: dynaCERT Inc., Jim Payne, CEO, (416) 766-9691 x 2, jpayne@dynaCERT.com, www.dynaCERT.com

More Low-Carbon Energy News dynaCERT,  Transportation Emissions,  Vehicle Emissions,  


Carbon Offsets are Not Our Get-Out-of-Jail Free Card , says UN Report (Opinions, Editorials & Asides)
Carbon Offsets,UN Environment
Date: 2019-06-17
According to the UN Environment's Carbon Offsets are Not Our Get-Out-of-Jail Free Card Report , buying carbon credits in exchange for a clean conscience while burning fossil fuels is under fire by private citizens, scientists and activists concerned with the way carbon offsets have been used by polluters as a free pass for inaction.

Annual emissions have to reduce by 29-32 gigatonnes of equivalent carbon dioxide (CO2e) by 2030 to maintain a fighting chance to stay below 1.5 degree C -- a five-fold increase on current ambitions, the report notes.

According to the report, carbon offset schemes were set up to allow the largest polluters who exceed permitted emissions’ levels to fund projects, such as reforestation, that reduce CO2 in the air, essentially balancing out their emissions equation. The types of carbon offset projects that are implemented range from forestry sequestration projects to energy efficiency and renewable energy projects (which reduce future CO2 emissions in the atmosphere).

Carbon offsets are useful while infrastructure and industry make the transition to electric mobility, alternative energy and the new technology necessary for low- and zero-carbon lifestyles. Where there are no viable alternatives in the short term, an offset scheme promises to cancel out the emissions in one place with emission-reducing actions in another.

Clean Development Mechanism (CDM) credits have also come under fire with a 2016 study found 85 pct of the offsets had a "low likelihood" of creating real reductions, and the UN has struggled to reconcile its support for offsets with evidence that they are problematic.

Download the UN Carbon Offsets are Not Our Get-Out-of-Jail Free Card report HERE; (Source: UN Environment, Pro Publica, 10 June, 2019) Contact: UN Environment, Niklas.Hagelberg, Niklas.Hagelberg@un.org

More Low-Carbon Energy News CDM,  Carbon Emissions,  Carbon Offsets,  


Attis Creating NY Ethanol Plant Green Tech Campus (Ind Report)
Attis Industries
Date: 2019-06-07
Following up on our previous coverage, Georgia-based Attis Industries Inc. reports its recently acquired Sunoco LP's nameplate 100-million gpy corn ethanol plant and grain malting operation in Fulton, New York, will become the centerpiece of its proposed Green Tech Campus. The company will focus on byproduct optimization of the corn ethanol plant and the new production of advanced biofuels and biobased products while also looking to generate "green" power, thus reducing the overall carbon footprint of the Fulton campus and taking advantage of valuable carbon credits to increase the site's profitability.

Attis plans to immediately begin the process of deploying its patented biorefinery technology to further diversify the biofuel and biobased product manufacturing at the campus. Attis will convert extracted locally sourced woody biomass pulp into cellulosic fuels and lignin into bioplastics, carbon fiber and advanced biofuels like renewable diesel and jet fuel.

Attis also aims to improve the quality and volume of co-products currently being produced at the Fulton ethanol plant by implementing its patented and licensed corn oil extraction technology that will almost double the current corn oil production yields at the plant and provide an augmented revenue stream. (Source: Attis Industries, DTN, June, 2019) Contact: Attis Ind., Jeff Cosman, CEO, 678-580-5661, www.attisind.com

More Low-Carbon Energy News Attis Industries,  Ethanol,  Sunoco LP,  


County Carbon Credit Program Protects Local Forests (Ind Report)
King County Washington
Date: 2019-05-13
In Washington State, King County's newly launched Forest Carbon Program offers Puget Sound area companies the opportunity to offset a portion of their carbon emissions within King County.

Under the program, King County acquires high-value forests that are at risk of development and then offers buyers the opportunity to purchase carbon credits generated by keeping carbon in the forests. The county will then invest the revenue generated by the program to protect additional forests and offer credits to additional buyers.

In the first five years of the program, the urban and rural components of King County's Forest Carbon Program will store at least 100,000 metric tons of CO2 that otherwise would have been released into the atmosphere.

The project will meet standards developed by the internationally recognized Verified Carbon Standard, while the county's urban forest carbon projects meet the standards developed by City Forest Credits, a Seattle-based nonprofit that developed an innovative verification protocol for urban forest canopy preservation.

Microsoft has committed to purchasing all of the credits from the rural program in its first year to offset carbon emissions from its operations.

Download program details HERE. (Source: King County Washington, PR, 9 May, 2019) Contact: King County, https://kingcounty.gov

More Low-Carbon Energy News Carbon Credits,  Microsoft,  Forest Carbon,  Verified Carbon Standard,  


AurCrest Gold, Lac Seul First Nation Investigate CCS (Ind. Report)
AurCrest Gold, Lac Seul First Nation
Date: 2019-05-08
Toronto-headquartered Canadian minerals exploration specialist AurCrest Gold Inc. reports it and the Lac Seul First Nation are partnering to investigate carbon sequestration opportunities in the First Nation's traditional territory in Northwestern Ontario.

Lac Seul First Nations seeks to determine the feasibility of valuing their traditional territory for purposes of CCS and monetizing carbon offset credits for sale to the benefit of the First Nation and its business partners.

AurCrest and its subsidiary Wiigwaasaatig Energy Inc. will work with the First Nation to finalize a definitive carbon credit management agreement to develop and implement sequestration project opportunities. (Source: AurCrest Gold Inc., Accesswire, 7 May, 2019) Contact: AurCrest Gold, www.aurcrest.ca; Lac Seul First Nation, www.lacseul.firstnation.ca

More Low-Carbon Energy News CCS,  


British Steel Borrows to Meet Pre-Brexit EU ETS Rules (Int'l)
British Steel,Bexit
Date: 2019-05-06
Following up on our 15th April report on the European Union's decision to suspend Britsh Steel and other UK firms' access to free carbon permits under the EU ETS until a Brexit withdrawal deal is ratified, the UK government reports it has loaned British Steel £120 million to meet its obligations under EU ETS rules allowing industrial polluters to use carbon credits to pay for the previous year's emissions, or trade them to raise money.

Each free permit gives a firm the right to emit a tonne (1,000kg) of CO2. British Steel claims that it is discussing the impact of Brexit on its business with ministers and officials from the Department for Business, Energy and Industrial Strategy (DBEIS) and is in talks with Department for Business about financial assistance. British Steel has until 30 April to comply with EU emission rules. (Source: British Steel, Insider Media, 2 May 2019

More Low-Carbon Energy News UE ETS,  Carbon Emissions,  Brexit,  British Steel,  


BikeFlights Touts Carbon Offset Sustainability Initiative (Ind Report)
BikeFlights
Date: 2019-04-24
Bicycle shipping specialist BikeFlights.com is touting the launch of a new sustainability initiative to reduce and offset the carbon emissions resulting from all of its shipments.

Under its initiative, BikeFlights.com purchases high quality carbon offsets through its partner carrier UPS which then retires an equivalent amount of carbon offsets from verified carbon reduction projects. Target projects have included improved forest management, methane and landfill gas destruction and wastewater treatment.

BikeFlights .com has also adopted other environmentally-friendly practices to be more sustainable, including helping to reduce the impact of customer travel, having a remote workforce, reducing its own materials consumption, sourcing boxes locally and recycling. It also works toward the sustainability of cycling as a sport. (Source: BikeFlights.com, PR, BikeBiz, 23 April, 2019) Contact: BikeFlights.com, Sue George, VP, (541) 705-2453, www.bikeflights.com

More Low-Carbon Energy News Carbon Offsets,  Carbon Credits,  


Voluntary Carbon Credit Trading Market (Report Available) Production Forecast from 2018 to 2023

Date: 2019-04-19
The newly released Global Voluntary Carbon Credit Tradin Market Report -- 2018-2023 report from Market Research covers market characteristics, sizes and growth, segmentation, regional breakdowns, competitive scenario, market share, trends and strategies, key players and other relevant issues.

The report finds the Asia-Pacific region will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. In North America, the he United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Voluntary Carbon Credit Trading.

The report identifies Top manufacturers/players: Carbon Credit Capital, Terrapass, Renewable Choice, 3Degrees, NativeEnergy, GreenTrees, South Pole Group, Aera Group, Allcot Group, Carbon Clear, Forest Carbon, Bioassets, Biofìlica, WayCarbon, CBEEX, Guangzhou Greenstone. Market Segment by Type, applications (REDD carbon offsets, renewable energy landfill methane projects and others) and regions.

Report details are HERE. Report Sample Copy HERE; Browse Full Report HERE (Source: Industry Research, Marilyn Coleman, 16 April, 2019) Contact: Industry Research, +1 424 253 0807 / +44 203 239 8187, sales@industryresearch.co

More Low-Carbon Energy News Carbon Credit Trading news,  Carbon Market news,  

More Low-Carbon Energy News Carbon Credit Trading,  Carbon Market,  

More Low-Carbon Energy News Carbon Credit Trading,  Carbon Market,  

More Low-Carbon Energy News Carbon Credit Trading,  Carbon Market,  


British Steel Seeks £100Mn to Meet Pre-Brexit EU ETS Rules (Int'l)
EU ETS
Date: 2019-04-15
The BBC is reporting the European Union's decision to suspend UK firms' access to free carbon permits under the EU ETS until a Brexit withdrawal deal is ratified is behind British Steel's decision to seek a £100 million to meet EU ETS rules allowing industrial polluters to use carbon credits to pay for the previous year's emissions, or trade them to raise money.

Each free permit gives a firm the right to emit a tonne (1,000kg) of CO2. British Steel claims that it is discussing the impact of Brexit on its business with ministers and officials from the Department for Business, Energy and Industrial Strategy (DBEIS) and is in talks with Department for Business about financial assistance. British Steel has until 30 April to comply with EU emission rules. (Source: BBC, Steel Times, 14 April, 2019)

More Low-Carbon Energy News Carbon Emissions,  EU ETS,  


Aussies Add 100 Major Polluters to Cap-and-Trade List (Int'l)
Australia Cap-and-Trade
Date: 2019-04-01
In the Land Down Under, the Labour government has announced it will extend its current pollution cap from businesses emitting 100,000 tpy of carbon pollution down to 25,000 tpy as part of its emissions and climate change effort to lower emissions by 45 pct by 2030. With the changes, the existed number of listed major emitters -- excluding farmers -- will rise form 140 to roughly 250, or less than 1 pct of the nation's businesses. Heavy industries such as steel, aluminium and cement will be assisted with a $300 million fund.

Under the government plan, business will earn credits for reducing pollution below their baselines which they canto sell or carry over to meet their future pollution cap. Business that exceed their caps will will be required to purchase carbon credits to meet their caps. (Source: Financial Review, Various Media, 31 Mar., 2019)

More Low-Carbon Energy News Australia Carbon Emissions,  Cap-and-Trade,  Carbon Emissions,  


TPI Questions Global Airlines Emissions Target Commitment (Int'l)
Transition Pathway Initiative
Date: 2019-03-06
In the UK, research from the London School of Ecobomics, Grantham Institute Transition Pathway Initiative (TPI) suggests climate targets set by 20 of the world's largest airlines are not in line with internationally agreed targets to limit average temperature rise to below 2C, as set out in the Paris Agreement.

The TPI research found none of the airlines assessed had a clear plan for cutting emissions from flights after 2025, with hopes instead pinned on the industry-wide carbon offsetting scheme under which all emissions growth after 2020 would be offset by carbon credits.

According to the TPI research, aviation currently accounts for around 2 pct of all global CO2 emissions, and around 12 pct of transport emissions. Even so, the aviation industry is expanding and could account for for a quarter of total emissions by mid-century.

The TPI is an investor-led initiative which uses analysis from the LSE's Grantham Research Institute on Climate Change and the Environment to evaluate how prepared firms are for the coming low-carbon transition. (Source: LSE Grantham Institute, Business Green, 5 Mar., 2019) Contact: LSE Transition Pathway Initiative, www.lse.ac.uk/GranthamInstitute/tpi

More Low-Carbon Energy News Grantham Institute,  Aviation Emissions,  Climate Change,  


InCommodities Plans CO2 Emissions Market Expansion (Int'l)
InCommodites
Date: 2019-02-27
In Denmark, Aarhus-based trading house InCommodites reports it will start trading emissions certificates within the next two years, while further expanding its power and gas trading presence across Europe. InCommodities presently trades physical and financial power from day ahead to year ahead in 10 European countries and in six gas markets. (Source: InCommodities, Montel, 25 Feb., 2019) Contact: InCommodities, Jesper Severin Johanson, CEO, +45 6915 7575, mail@in-commodities.com, www.incommodities.com

More Low-Carbon Energy News Carbon Emissions,  Carbon Credit,  Carbon Market,  


UK Suspended from EU ETS Pending BREXIT Resolution (Int'l Report)
EU ETS
Date: 2018-12-21
In Brussels, the European Commission (EC) reports that as of January 1, 2019, it has temporarily suspended EU ETS emissions trading system processes related to Britain's convoluted and contentious BREXIT is concluded. Accordingly, the UK Britain will be unable to auction carbon permits, allocate them for free to operators, or exchange international credits for as long as the suspension remains in place, the EC added in a statement.

From January, any carbon permits issued by Britain will have to be identified by a country code ("marked") but transfers of permits already in circulation in and out of accounts held by UK operators will not be affected by the suspension. If BREXIT is ratified the suspension will be lifted, the EC added. (Source: European Commission, Reuters, 20 Dec., 2018)

More Low-Carbon Energy News European Commission,  Carbon Credits,  BREXIT,  EU ETS,  


Duke U. Acquires 10,000 acre Peatland for Carbon Farm (Ind. Report)
Duke University
Date: 2018-12-14
In Durham, North Carolina, Duke University reports it has acquired the rights to 10,000 acres of peatland in Hyde County for what may be the nation's largest "carbon farming" project that could propel the university to carbon neutrality by 2024.

Carbon farming uses land management and conservation to increase the amount of carbon that agriculture pulls out of the air and locks into the soil and vegetation. Existing carbon farming programs in California, the Midwest and other countries have shown that a 2.5 acre plot of pasture or rangeland can store about one metric tpy of carbon. The NC peatlands, once re-wetted, have much greater potential -- perhaps 15 to 20 times more -- meaning the land could yield hundreds of thousands of metric tpy of carbon.

The Duke project will launch with a 300 acre pilot which could be expanded depending on its results. To date, the university has invested approximately $300,000 on the project which could sell carbon credits to companies. (Source: Duke University, Triangle Business Journal, Dec., 2018) Contact: Duke University, Curtis Richardson, Dir., Wetland Center, ww.researchgate.net/profile/Curtis_Richardson

More Low-Carbon Energy News Peatland,  Peat,  Duke University,  CCS,  Carbon Emissiuons,  CO2,  Climate Change,  

Showing 50 to 70 of 70.

Go to page:
1 2