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UK Carbon Credit Scheme to Incentivize Tree Planting (Int'l)
DEFRA
Date: 2019-11-06
In the UK, the Department for Environment, Food and Rural Affairs (DEFRA) is launching a new £50 million Woodland Carbon Guarantee scheme to boost tree-planting rates to combat climate change. The scheme promises landowners and farmers a long-term income stream to encourage them to create new woodlands.

The government is committed to planting 11 million trees by 2022, as part of its effort to hit net-zero carbon emissions by 2050 to tackle climate change.

Under the new scheme, farmers can sell the carbon dioxide they capture by growing trees in the form of Woodland Carbon Units (verified carbon credits) to the government for a guaranteed price every five or 10 years up to 2055/56. (Source: DEFRA, Farmers Weekly, 5 Nov., 2019) Contact: Woodland Carbon Guarantee, www.gov.uk/guidance/woodland-carbon-guarantee; DEFRA, www.gov.uk/government/organisations/department-for-environment-food-rural-affairs

More Low-Carbon Energy News DEFRA,  Climate Change,  Reforestation,  Carbon Emissions,  


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,  


Zero Carbon Project Announces UK, Aussie Launch Dates (Int'l)
Zero Carbon Project
Date: 2018-09-24
The Zero Carbon Project is reporting an October launch date in London, UK, and an early 2019 launch in Australia.

The Zero Carbon Project uses blockchain and international carbon credit to tackle climate change by providing more affordable cost of emission reduction. It can reduce carbon emissions faster by beating the price of fossil fuels and energy contracts. The blockchain technology applied will allow the clients to get reward-based Energis token as incentives. (Source: Zero Carbon Project, Market Journal, 23 Sept., 2018), Contact: Zero Carbon Project, Derek Myers, CEO, www.zerocarbonproject.com

More Low-Carbon Energy News Zero Carbon Project ,  Carbon Emissions,  Climate Change,  


DHL, OSU Report Campus Carbon Footprint Offset Partnership (Ind. Report)
DHL, Ohio State University
Date: 2018-09-14
In Westerhill, Ohio, contract logistics specialist DHL Supply Chain and The Ohio State University (OSU) are reporting a partnership for the planting and care of trees on the OSU campus. DHL, through its "GoGreen Program" , also purchased and donated 1,000 tonnes of carbon credits for Ohio State to contribute to the university's carbon reduction goals. Ohio State matched DHL's donation by purchasing an additional 1,000 tonnes of carbon credits.

OSU will use these credits to offset a portion of its annual greenhouse gas emissions, such as those from its own transport fleet. The program is being facilitated by North Carolina-based Urban Offsets.

DHL Supply Chain's GoGreen program has delivered an average reduction of 3 pct in CO2 emissions, year over year, for every mile travelled and every square meter of space used worldwide for its customers.

Urban Offsets helps companies and universities reduce their environmental impact by investing in sustainability projects around the world and directing profits into local projects that build climate resilient neighborhoods. Since 2017, more than 80,000 metric tons of CO2 emissions have been offset and 12,000 trees planted in at-risk communities around the country. (Source: DHL, PR, 12 Sept., 2018) Contact: Urban Offsets, https://registry.urbanoffsets.co; DHL Supply Chain, Nicole Porter, (614) 865-8437, nicole.porter@dhl.com, www.dhl.com; DHL GoGreen Program, HERE; OSU, Kate Bartter, Dir. Ohio State University Office of Energy and Environment, (614) 247-4762, energy.environment@osu.edu, https://oee.osu.edu

More Low-Carbon Energy News Climate Change,  Carbon Footprint,  


Blockchain App for Carbon Credit Tokenization (New Prod & Tech)
IXO Foundation,Gold Standard
Date: 2018-09-12
In Zurich, global sustainability finance specialist South Pole Group reports it is partnering with the IXO Foundation, developer of the Blockchain for Impact, and Gold Standard, the benchmark standard for climate and development projects, to develop an application and impact tokens on the IXO protocol to facilitate the monitoring, reporting and verification (MRV) of data for compiling greenhouse gas (GHG) inventories and originating carbon credits.

The application protocol is intended to serve as a means of submitting verified data and automatically issuing certified carbon credits. The aim is to streamline and accelerate the data verification processes for GHG inventory management and carbon credit origination. The application protocol has the potential to reduce MRV costs by up to 10x in comparison to current practices and to allow real-time tracking of GHG inventories and issuance of carbon credits. (Source: South Pole Group, Crypto Land, Sept., 2018) Contact: Gold Standard, Marion Verles, CEO, +41 22 788 7080, www.goldstandard.org; IXO Foundation, Dr. Shaun Conway, Pres., www.ixo.foundation; South Pole, Sophie Smithers Renat Heuberger, CEO and Co-Founder, +41 43 501 35 50, www.southpole.com

More Low-Carbon Energy News Carbon Credit,  GHGs,  Greenhouse Gas,  Gold Standard,  


Grassland Carbon Credits Fund Carbon Sinks (Ind. Report)
Environmental Defense Fund
Date: 2018-08-31
In San Francisco, the Environmental Defense Fund (EDF) is reporting the sale of the first listed grassland carbon credits that will allow the Southern Plains Land Trust to restore and preserve two Colorado ranches that sequester 8,000 metric tpy of soil.

The EDF facilitated the development and sale of the credits with the help of a Conservation Innovation Grant from the USDA. Natural Capital Partners purchased the credits on behalf of its client Microsoft, which began a carbon neutrality program in 2012.

Grassland carbon credits reward landowners for retaining soil carbon and avoiding the emissions associated with converting grasslands into croplands. Grassland projects also provide ecosystem benefits such as habitat for threatened species.

The Climate Action Reserve's Grassland Project Protocol uses biogeochemical modeling and emissions factors to quantify carbon that would be released from the soil if the land were tilled. (Source: EDF, Aug., 2018) Contact: Environmental Defense Fund, www.edf.org; Southern Plains Land Trust, https://southernplains.org

More Low-Carbon Energy News Environmental Defense Fund news,  Carbon Credit news,  Carbon Sink news,  


Co-op Promotes Reforestation to Offset CO2 Emissions (Ind. Report)
Coop Carbone
Date: 2018-08-31
In Quebec, the Arbre-Evolution co-op reports it is partnering with Coop Carbone to develop carbon-offsetting projects. Coop Carbone works with enterprises to identify, develop and fund carbon-offsetting projects.

Arbre-Evolution's pioneering approach to carbon offsetting focuses on the "social aspect of planting trees." Arbre-Evolution selects and supports projects from ideas put forward by businesses and community groups seeking to offset their carbon footprints through community tree planting and reforestation projects on publicly or collectively owned land.

In addition to its partnership with Coop Carbone, Arbre-Evolution is working with the Forest Stewardship Council of Canada. The co-op's approach enables communities and companies to be part of the process rather than simply purchasing carbon credits. (Source: Coop News, 28 Aug., 2018) Contact: Arbre-Evolution, (514) 207-3686, (418) 607-0697, info@arbre-evolution.org, www.arbre-evolution.org; Coop Carbone, Jean Nolet, Pres., http://coopcarbone.coop

More Low-Carbon Energy News Coop Carbone,  Carbon Offsets,  Carbon Emissions,  Reforestation,  


EU ETS Carbon Prices on the Rise, says Report (Ind. Report)
Carbon Tracker
Date: 2018-08-22
According to a just released Carbon Tracker Initiative report, European Union Emissions Trading System (EU ETS) carbon prices are on course to hit €25 by the year end -- about €7 higher than the current price on the EU carbon market. The report notes that EU carbon prices could average €35-40 per tonne over 2019-2023, accelerating the switch from coal to gas and questioning the maintenance of outdated coal and lignite power plants beyond 2021.

The Carbon Tracker Initiative is a team of financial specialists making climate risk real in today's capital markets. The EU ETS is the 28-member trading bloc's flagship emissions reduction tool. According to Carbon Tracker the EU ETS has been the hottest commodity market in the world over the last 16 months, with the price of European carbon allowances (EUAs) up 310 pct since May 2017, 120 pct since the start of the year. Carbon Tracker expects that, as a reaction, carbon prices are likely to rise to levels that trigger fuel-switching from coal to gas in Germany, Italy, Spain and the Netherlands, following in the footsteps of the UK. (Source: Carbon Tracker, EURACTIV, 20 Ag., 2018)Contact: Carbon Tracker, www.carbontracker.org

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


Zero Carbon Project Touts Carbon Credit Purchase Program (Int'l)
Zero Carbon Project
Date: 2018-08-15
The Zero Carbon Project is reporting the launch of its carbon credits purchasing program under which it will purchase and cancel international carbon credits from a range of projects reducing carbon emissions.

On a weekly basis, the Zero Carbon Project will purchase 30 units, equivalent to the annual carbon emissions from around 10 typical households. This purchase will help reduce the 30 tonnes of carbon emissions from entering the atmosphere. Purchases and the projects they support will be announced to the Zero Carbon Project community, accompanied by an explanation of the different issues and aspects involved in the carbon market.

The Zero Carbon Project carried made it first purchase and cancellation of CERs using the UNFCCC (United Nations Framework Convention on Climate Change) website platform, known as Climate Neutral Now. (Source: Zero Carbon Project, AZO CleanTech, 13 Aug., 2018) Contact: Zero Carbon Project, Derek Meyers, CEO, www.zerocarbonproject.com

More Low-Carbon Energy News Carbon Credit,  Carbon Tax,  Zero Carbon Project,  


South African Carbon-Neutral Brewery Touted (Int'l. Report)
Darling Brewery
Date: 2018-07-23
South African micro-brewery Daring Brewery near Cape Town is reported to be the first in Africa to go carbon-neutral as more businesses across the continent adjust to climate change, and as consumers become increasingly conscious of the environmental impact and carbon footprint of the products they purchase. To help reach its goal, the brewery decreased its water and energy consumption in the brewing process, increased its over all energy efficiency and purchased carbon credits at a reforestation project in Zimbabwe and included environment information on it labels.

South Africa has committed to introduce a carbon credit tax on large emitters and is expected to make products from carbon-neutral companies "the cheaper option," by January, 2019. (Source: Darling Brewery, Portland Press Herald, AP, 21 July, 2018) Contact: Darling Brewery, +27 21 286 1099, www.darlingbrew.co.za

More Low-Carbon Energy News Carbon-Neutral,  


Xarbon, UNOPS Partner to Support Low-Carbon Economy (Int'l Report)
Xarbon Sustainability, nited Nations Office for Project Services
Date: 2018-07-18
In Hong Kong, Xarbon Sustainability Limited, a sustainability technology company using blockchain to improve carbon credit trading market transparency, is reporting a strategic partnership with the United Nations Office for Project Services (UNOPS) to support low-carbon economy development and has participated in co-investment of $18 million on a Korean-based OLED lighting project to offset carbon emission.

The Company has a partnership and received endorsement from the UNOPS, the operational arm of the United Nations dedicated to implementing projects for the United Nations System, to support low-carbon economy development by establishing digitalized carbon, aiming to improve education, awareness-raising and social impact on climate change mitigation, adaptation, impact reduction and early warning among different governments and organizations.

Xarbon launched the first Digital Carbon Credit "OCO", on top of the New Economy Movement Blockchain, which aims to future proof the carbon economy. The team believes that by applying blockchain technology to the carbon credit market, that OCO can improve transparency of carbon credit transfer, simplify user verification process, and incentivize individuals to uphold behavioral change. (Source: Xarbon Sustainability Limited, PR, Across Asia Communications, 18 July, 2018) Contact: Xarbon, http://xarbon.com/en; nited Nations Office for Project Services, www.unops.org

More Low-Carbon Energy News Xarbon Sustainability ,  Low Carbon Economy,  Carbon Credit,  Carbon Credit Trading,  


Grassland Carbon Credits Fund Carbon Sinks (Ind. Report)
Environmental Defense Fund,
Date: 2018-07-18
In San Francisco, the Environmental Defense Fund (EDF) is reporting the sale of the first listed grassland carbon credits that will allow the Southern Plains Land Trust to restore and preserve two Colorado ranches that sequester 8,000 metric tpy of soil.

The EDF facilitated the development and sale of the credits with the help of a Conservation Innovation Grant from the U.S. Department of Agriculture (USDA). Natural Capital Partners purchased the credits on behalf of its client Microsoft, which began a carbon neutrality program in 2012.

Grassland carbon credits reward landowners for retaining soil carbon and avoiding the emissions associated with converting grasslands into croplands. Grassland projects also provide ecosystem benefits such as habitat for threatened species.

The Climate Action Reserve's Grassland Project Protocol uses biogeochemical modeling and emissions factors to quantify carbon that would be released from the soil if the land were tilled. Offsets are then generated for preserved belowground soil carbon, avoided use of nitrogen-based fertilizers and avoided use of carbon-emitting machinery for crop cultivation. (Source: EDF, 17 July, 2018) Contact: Environmental Defense Fund, www.edf.org

More Low-Carbon Energy News Environmental Defense Fund,  USDA,  Carbon Credit,  


GreenTrees Touts Reforestation Carbon Credit Issuance (Ind. Report)
GreenTrees,American Carbon Registry
Date: 2018-07-09
In the Old Dominion State, GreenTrees® is reporting completion of its latest verification for 1,273,866 metric tons on the American Carbon Registry (ACR) -- the organization's second consecutive issuance of over one million tons.

ACR has had fifteen issuances over a million forestry tons for both compliance and voluntary markets. This includes IFM, Avoided Conversion and Afforestation/Reforestation project types. Of the fifteen issuances, GreenTrees has two of them. Only three of the fifteen issuances are from afforestation/reforestation projects, with the remaining one from an international project.

The GreenTrees River System approach is setting the standard for how reforestation can achieve scale and impact and does it with small and medium-sized landowners. Reforestation provides a continuous loop of scaled impact while bending the climate curve.

GreenTrees® is the largest reforestation program in North America with more than 120,000 acres of trees planted with its 500 landowner partners, producing over 1,000,000 tons annually on The American Carbon Registry. (Source: GreenTrees, CSRWire, 6 July, 2018) Contact: GreenTrees, Chandler Van Voorhis, (540)253-2504, chandler@green-trees.com, www.green-trees.com; American Carbon Registry, https://americancarbonregistry.org

More Low-Carbon Energy News Refdorestation,  Climate Change,  American Carbon Registry ,  Carbon Emissions,  Carbon Credits,  


NZ's Z Energy Investing in Permanent Forest Carbon Sinks (Int'l)
Z Energy
Date: 2018-07-09
In New Zealand, Auckland-based fuel wholesaler Z Energy Ltd. reports it has invested $1.5 million in permanent local forestry projects to voluntarily offset the emissions from their operations.

Z Energy partnered with long-standing carbon consultants Permanent Forests NZ Ltd (PFNZ) for this offsetting initiative. PFNZ specialise in aggregating, marketing and selling New Zealand forest carbon credits on behalf of owners of forests registered under the Permanent Forest Sink Initiative.

The Z Energy investment is reported to be New Zealand's largest voluntary purchase of units from permanent forest sinks to date. Z Energy's operational carbon emissions, including those from corporate travel, retail electricity, coastal emissions, and hauliers come to about 58,000 tonnes tpy of CO2-e (carbon dioxide equivalent) at an average cost of about $25 per tonne -- about $1.5 million per year. In addition to the offset programme, Z Energy remains focused on reducing the carbon intensity of its biodiesel and other business.(Source: Z Energy, Voxy, 9 July, 2018) Contact: Z Energy, Gerri Ward, Sustainability Manager, David Binnie, GM, general@z.co.nz, https://z.co.nz

More Low-Carbon Energy News Z Energy,  Carbon Sink,  Carbon Credits,  Climate Change,  


Scottish Climate Change Legislation Aims 90 pct Emission Reduction by 2050 (Int'l, Reg. & Leg.)
Carbon Emissions, Climate Change
Date: 2018-05-28
At Holyrood, recently tabled Government of Scotland draft climate change legislation is targeting a 90 pct reduction in carbon emissions by 2050, a goal which the UK Committee on Climate Change notes is "at the limit of feasibility", especially with the aim of achieving 100 pct reduction, or "net-zero" emissions soon as possible after that date.

Announcing the targets, Holyrood's climate change secretary, Roseanna Cunningham, Scotland will cut emissions by two-thirds without resorting to carbon offsetting to achieve our goal. (Source: Gov. of Scotland, Guardian International, 24 May, 2018) Contact: Scotland Climate Change Secretary, Roseanna Cunningham, www.gov.scot/Topics/Environment/climatechange

More Low-Carbon Energy News Climate Change,  Carbon Emissions,  Carbon Credit,  


C4COIN Raises $450,000 in Seed Funding (Ind. Report)
C4Coin
Date: 2018-05-25
In the Big Apple, carbon negative blockchain technology developer C4Coin reports the closing of a $450,000 seed funding round led by Miles O'Brien. The funds will be used to grow the company's team and to advance foundational partnerships.

Founded in 2017, C4Coin will reward eco-conscious activities that generate verifiable carbon offsets. Users creating these offsets will receive carbon credit tokens called CO2KNs. These tokens can be retired through an innovative consensus protocol to earn a traditional crypto-asset called C4Coin.

The company plans to launch its blockchain in Q4 2018.

The name C4Coin stems from the biological process of carbon fixation. Plants take CO2 and inorganic Carbon 4 and break them down into organic, useable carbon and oxygen. (Source: C4Coin, PR, 24 May, 2018) Contact: C4Coin, Harrison Perl, CEO, www.c4coin.org

More Low-Carbon Energy News Carbon Offset,  Carbon Credits,  Carbon Trading,  


Fundy's "Blue Carbon" Sequestration Capacity Explored (Ind. Report)
Blue Carbon,Environment and Climate Change Canada
Date: 2018-05-23
In Atlantic Canada, Environment and Climate Change Canada's recent study of the Bay of Fundy coastal ecosystem and its "blue carbon" has estimated the area's carbon sequestration capacity to hold hundreds of millions of dollars worth of carbon-offsetting costs. "Blue carbon" is a term coined by scientists to describe carbon dioxide stored in coastal plants and soil.

On land, forests capture carbon dioxide and produce oxygen. Forests release their carbon every few hundred years, due to fire, tree mortality or human harvesting. By comparison, coastal marshes maintain their carbon for thousands of years. Coastal ecosystems do the same -- but they're much better at it, according to McGill University "Blue Carbon" authority Assoc. Prof. Gail Chmurain. Coastal ecosystems can hold three to five times more carbon than the equivalent area of forest, according to a federal government report.

The financial value of blue carbon comes from its potential for carbon emission credits which the Canadian federal government is introducing. According to government documents, "carbon stored in tidal salt marshes in the Bay of Fundy could have an estimated value of $202 million." That would equal $1 billion in 2022. In terms of Canada's national carbon emissions strategy, blue carbon could be used as an offset to meet international targets and coastal communities could protect or rehabilitate wetlands to generate carbon credits. (Source: Environment and Climate Change Canada, CBC, 22 May, 2018) Contact: Environment and Climate Change Canada, (800) 668-6767, www.canada.ca/en/environment-climate-change.htm; McGill University, Assoc. Prof. Gail Chmurain, (514) 926-6854, gail.chmura@mcgill.ca, www.mcgill.ca

More Low-Carbon Energy News Blue Carbon,  Carbon Emissions,  Carbon Storage,  


Veridium, IBM Partner on VERDE Carbon Credit Tokens (Int'l)
Veridium
Date: 2018-05-18
Environmental FinTech company Veridium reports it is partnering with IBM to help transform the carbon credit market using blockchain technology.

Veridium, a collaborative initiative of EcoSmart Labs, Brian Kelly Capital Management, IDEAcarbon, Everland and CBL Markets, will leverage IBM's blockchain technology and expertise to transform carbon credits into a new type of digital asset that can be redeemed and traded. IBM will provide the token architecture and token interface with its various industry specific Hyperledger Fabric blockchain platforms.

According to Veridium, integrating the entire process of carbon accounting and offsetting into a digital token on a public, permissioned blockchain network can help make measuring environmental impact, transferring ownership rights, and redeeming the underlying carbon offset more efficient.

The token, called VERDE, will represent carbon accounting and offsetting backed by environmental assets, including Triple Gold REDD+ credits from InfiniteEARTH, which authored the first REDD+ forest carbon accounting methodology, a protocol now embodied in the UN Paris Agreement. (Source: Veridium, Block Tribune, 17 May, 2018) Contact: Veridium, Todd Lemons, CEO, www.veridium.io; IBM, Bridget van Kralingen, Senior VP, Industry Platforms and Blockchain, www.ibm.com/us-en

More Low-Carbon Energy News Veridium,  Carbon Credit,  


TNC, XL Catlin Collaborate on Blue Carbon Credits (Ind. Report)
TNC, XL Catlin
Date: 2018-05-11
The Nature Conservancy (TNC)and insurance/reinsurance firm XL Catlin in Bermuda are touting a project to develop Blue Carbon Resilience Credits that will value the combined carbon sequestration and resilience benefits provided by coastal wetland ecosystems.

With XL Catlin's support, TNC will develop a system of credits assigning a market value to the resilience services provided by these historically under valueded cosystems. The hope behind this initiative is that, for the first time, insurance firms and other businesses will be able to offset their carbon footprint while simultaneously better underdstanding the contribution they are making to reducing coastal hazards in the world's most vulnerable coastal areas.

Coastal wetlands -- salt marshes, seagrass meadows and mangroves -- sequester billions of tonnes of "blue carbon" from the atmosphere at concentrations up to five times greater than terrestrial forests. As an increasing number of companies are purchasing carbon credits to offset their footprints, this credit will enable a valuation of the carbon sequestration and coastal resilience benefits that wetlands provide both businesses and communities.

Unlike other climate mitigation solutions coastal wetlands not only sequester carbon, they also protect coastlines by absorbing incoming wave energy and providing storm protection. Additionally, a recent study found that wetlands prevented $625 million in direct flood damages from Hurricane Sandy in the United States. As such, coastal wetlands provide both carbon sequestration and resilience services- a powerful combination in a world of changing climate.

TNC will explore different options to value the resilience services provided by coastal wetlands and to develop a credit product to support ongoing wetland conservation. One of these options could include a numeric ranking system assigning a dollar value to wetlands based on factors such as their potential for storm impact reduction, location relative to vulnerable communities, local economic activities and assets, and potential benefits from habitat restoration. The figures generated by the rankings, combined with the carbon storage capacity of a given wetland, would generate Blue Carbon Resilience Credits. These credits would then offer organizations the capacity to manage their carbon footprints whilst acting as the funding mechanism for wetland conservation, increasing coastal resilience for communities. (Source: The Nature Conservancy, 10 May, 2018) Contact: The Nature Conservancy, Maria Damanki, Global Managing Director for the Ocean, www.nature.org: XL Catlin, Paul Jardine, CEO, www.xlcatlin.com

More Low-Carbon Energy News Blue Carbon,  


Byogy Renewables Secures Path to Commercialization With Historic ASTM Bio-Jet Fuel Specification
Byogy Renewables
Date: 2018-03-30
San Jose, California-based biofuel producer Byogy Renewables is reporting last week's ASTM Alcohol To Jet (ATJ) ethanol based specification ballot measure approval, to produce "full replacement" renewable aviation jet fuels. With this jet fuel specification ethanol can be used as a feedstock to make renewable jet fuel.

As the pioneer of the ATJ process, Byogy is one of the few companies that produce full replacement fuels, as opposed to only blend-stock products. Significantly, Byogy's fuels may ultimately be able to be distributed into the existing fossil fuel infrastructure at any point and at any ratio without tracking. This will allow carbon credit accounting to take place at the production source, similar to the carbon credit bookkeeping of the wind and solar industries. The new specification modifies a previous ATJ specification to allow ethanol as a feedstock with a maximum final fuel blend of 50 pct, according to Byogy. (Source: Byogy Renewables, Inc., Kevin Weiss, CEO, (408) 800-7704, www.byogy.com; ASTM, www.astm.org

More Low-Carbon Energy News ASTM,  Byogy Renewables,  Aviation Biofuel,  Jet Biofuel,  Ethanol,  


Newfoundland Set to Auction First Carbon Credits (Ind. Report)
Newfoundland
Date: 2018-03-21
Following up on our Nov. 1, 2017 coverage, the province of Newfoundland-Labrador's first 50,000 carbon credits will soon be on the auction block. Local environmental firm Sharp Management quantified, verified and acquired certification for the credits through partnerships with the towns of Stephenville and Appleton-Glenwood to design and implement engineered wetlands to treat sewage waste water.

"These carbon credits represent a significant step towards giving municipalities a green solution to their wastewater needs that is truly self-sustainable," Sharp Management said.(Source: Office of Newfoundland and Labrador Premier Dwight Ball, The Telegram, 19 Mar, 2018) Contact: Office of Newfoundland and Labrador Premier Dwight Ball, (709) 729-3570, prenier@gov.nl.ca, www.gov.nl.ca/premier

More Low-Carbon Energy News Newfoundland,  Carbon Tax,  Carbon Credit,  


Cape Town Launches Landfill Gas Projects (Int'l Report)
City of Cape Town
Date: 2018-03-05
In South Africa, the City of Cape Town Department of Solid Waste Management is reporting the launch of two landfill gas extraction systems at the Coastal Park and Bellville South landfills, with planned similar system under development at the Vissershok South landfill. The projects were developed as carbon-offsetting Clean Development Mechanisms that will generate carbon credits.

The captured gas will be largely used as a fuel for electric power generation for small-scale power projects requiring about 1 MW of electricity -- sufficient to power an energy-intensive operation such as a wastewater treatment facility. (Source: Capetown Department of Solid Waste Management, Creamer Media, 2 Mar., 2018) Contact: Capetown Department of Solid Waste Management, www.capetown.gov.za/solidwaste

More Low-Carbon Energy News Landfill Gas,  Methane,  


Oil Majors Commit to Low-Carbon Energy (Ind. Report)
British Petroleum,Royal Dutch Shell,Low-Carbon Energy
Date: 2018-02-26
UK-headquartered petroleum giant British Petroleum plc (BP) has announced it is investing $500 million a year in a push for low-carbon energy. The oil company says it sees "significant commercial potential" in solar power and is becoming more active in trading carbon credits. It also plans to set targets for emissions from operations, according to Bloomberg.

As previously reported, Royal Dutch Shell plc recently announced it would spend as much as $1 billion a year on renbewable through its New Energies division. According to the report, Shell sees opportunities in hydrogen fuel-cells, liquefied natural gas, and next-generation biofuels for air travel, shipping and heavy freight. (Source: BP, CS News, Bloomberg, Various Media, 21 Feb., 2018) Contact: BP, www.bp.com

More Low-Carbon Energy News British Petroleum,  Royal Dutch Shell,  


New Carbon Neutral Mortgage Offsets Home Ownership Carbon Footprint (Ind. Report)
Carbon Credit Capital ,Residential Home Funding Corp. of America
Date: 2018-02-14
NYC-headquartered Carbon Credit Capital (CCC) and Residential Home Funding Corp. of America (RHF) report the offering of a new "Carbon Neutral Mortgage" where the fees borrowers typically pay to banks and underwriters upon closing their loans are instead put towards carbon offset projects to fully mitigate the projected carbon footprint of owning and operating the home, for the life of the loan.

CCC and RHF put together a package of carbon credits for borrowers equal to the estimated amount of carbon emitted by a similarly sized house over the course of one year, and subsequently, the life of the loan. Calculations are based on square footage and state energy data. The Carbon Neutral Mortgage is currently available in New Jersey, and is expected to expand to more states later this year.

When borrowers close a Carbon Neutral Mortgage, they receive acknowledgement, personalized certification and have a specified number of carbon offsets removed from circulation in the global carbon markets and “retired” in their name — meaning that they, and only they, can ever get credit for reducing those emissions.

The carbon credits included in each package are vetted by Gold Standard, Voluntary Carbon Standard and the Clean Development Mechanism. Each RHF Carbon Neutral Mortgage amounts to an estimated 100 - 350 metric tons of CO2 emissions. Through the new partnership, CCC and RHF expect to deliver tens of thousands of tons of CO2 emission reductions every year. (Source: Carbon Credit Capital, Sustainable Brands, 13 Feb., 2018)Contact: Carbon Credit Capital, (212) 925-5697, info@carboncreditcapital.com, www.carboncreditcapital.com; Residential Home Funding Corp. of America, (888) 763-3500, www.rhfunding.com


Livelihoods Mutual Fund Pays Carbon Credits, Not Cash (Ind. Report)
Livelihoods Carbon Fund
Date: 2018-01-05
In Paris, the Livelihoods Carbon Fund which was launched last December ahead of Paris Climate Summit, reports its aims to reach about an $118 million investment in ecosystem restoration, agroforestry and renewable energy projects this year in Africa, Asia and Latin America, which will avoid or sequester up to 25 million tons of CO2 over 20 years.

The fund ties global sustainable economic development to emissions reduction from Danone, SAP, Schneider Electric and five other corporations.

The Fund is unique in that it pays dividends out in carbon credits, not cash. Using the principle of additionality -- where an investment allows a new sustainability effort to exist -- companies can voluntarily offset their greenhouse gas emissions along with their own carbon-reduction efforts while providing resources to vulnerable communities around the world.

The carbon credits are certified by Gold Standard, established by the World Wildlife Foundation in 2003 to guarantee and benchmark the climate impact of a project and its contribution towards improving the daily lives of local communities and their economy. (Source: Livelihoods Carbon Fund, GreenBiz, 3 Jan., 2018) Contact: Livelihoods Carbon Fund, +33 1 44 35 26 15, www.livelihoods.eu

More Low-Carbon Energy News Carbon Credits,  


Former Aussie Prime Minister Still Opposes Carbon Tax (Int'l)
Australia Carbon Tax
Date: 2018-01-05
Australian parliamentarian and former Liberal Prime Minister Tony Abbott, who is perhaps best remembered for his politically incorrect comment "The science of human-caused climate change is CRAP", is reportedly "back on the warpath" in his crusade against low carbon energy and may well sink the current Labour Prime Minister Malcolm Turnbull's national energy guarantee policy. Abbott has declared he doesn't support plans for overseas carbon credits being made available to Australian businesses on the grounds that it is a carbon tax in sheep's clothing.

The national energy guarantee would involve energy retailers delivering a set level of ready-to-use power in each state to shore up reliability, while also being compelled to meet a lower emissions target. According to acting opposition leader Tanya Plibersek, major business and industry groups support reducing carbon pollution by trading in well-regulated markets.

Abbott was Australia's 28th Prime Minister serving from 18 Sept., 2013 to 15 Sept., 2015. (Source: DailyMail, Australia AP, Others, 2 Jan., 2018) Contact: Tony Abbott, https://twitter.com/TonyAbbottMHR

More Low-Carbon Energy News Tony Abbot,  Australia Carbon Tax,  Carbon Credit,  


Aussie GHG Emissions Jump 5 pct in 24 Months (Int'l)
Carbon Emissions
Date: 2017-12-22
The Australian Financial Review is reporting the country's greenhouse gas (GHG) emissions have risen from 527 million tonnes in 2015 to 554 million tonnes of CO2 in 2017 -- a 5 pct jump in 24 months. Projections show emissions steady at 551 million tonnes in 2020, and rising 3.5 per cent over the following decade to 570 million tonnes in 2030, if new policies such as the National Energy Guarantee (NEG) and tough vehicle emissions standards are not vigorously implemented.

The farming sector, where emissions are projected to jump 14 pct to 82 million tonnes between now and 2030, and the transportation sector projected to jump 11 pct to 112 million tonnes, are considered the major offenders, followed by emissions from direct combustion by industry.

According to the report, the government will "in principle" allow polluting companies to purchase foreign carbon credits after 2020 to manage liabilities under the NEG's emissions guarantee. (Source: Australian Financial Review, Various Media, 19 Dec.,2017)

More Low-Carbon Energy News Australia GHG,  Greenhouse Gas Emissions,  Climate Change,  


Carbon Tax Nixed in Sask. Climate-Change Plan (Reg & Leg.)
Saskatchewan Environment Minister
Date: 2017-12-06
In Regina, the Saskatchewan Environment Minister, the Hon. Dustin Duncan, notes that although the proposed provincial climate-change strategy calls for performance standards on facilities that emit more than 25,000 tpy of carbon dioxide equivalent and doesn't include a carbon tax, it "will achieve as much, if not more than, a carbon tax ever would."

Under the proposed strategy, facilities that exceed their emissions limit will be able to buy carbon offsets from farmers or foresters, a carbon credit from another company with emissions under its allotment or pay into a provincial fund.

According to the Minister, emissions standards are to be be developed but will recognize investments companies have already made to reduce their emissions. The provincial strategy does not yet outlined or defined the goals, targets nor estimates of the volume of greenhouse gas emissions are expected to be reduced. Transportation, agriculture, home heating, commercial and industrial energy use emissions are largely exempted in the proposed program which is expected to finalized and in place in 2018. (Source: Office of Saskatchewan Environment Minister, CTV, Canadian Press, 4 Dec., 2017) Contact: Office of Saskatchewan Environment Minister, (306) 787-0393, env.minister@gov.sk.ca, www.saskatchewan.ca/government/government-structure/ministries/environment

More Low-Carbon Energy News Carbon Emission,  Carbon Tax,  Climate Change,  


Planet Alpha Offering Forest Carbon Securities to Reverse Deforestation (Ind. Report)
Planet Alpha
Date: 2017-12-01
Cambridge, Mass.- based Planet Alpha Corp. (PAC) reports it is offering up to 5,000,000 Non-Voting Series A Preferred shares, at $10 per share, to develop world-wide forest carbon projects supporting communities and forest restoration. There is no minimum investment, allowing purchase of a single share ($10) by accredited and non-accredited investors alike. The proceeds will be used develop forest carbon sequestration projects in ecologically diverse locations around the planet.

PAC projects are developed and implemented in collaboration with local, community-based organizations that rely on cultural knowledge to manage forest ecosystems. PAC's "measurement-to-monetization" services are provided at no cost to landowners. PAC services are available to verify emission reduction for Paris Agreement signatories.

PAC aims to reduce CO2 emissions and greenhouse gases by restoring nature. The company deploys carbon measurement infrastructure on forest lands to accurately measure carbon offsets for sale as carbon securities and carbon products. (Source: Planet Alpha Corp., PR, PRZen, 28 Nov., 2017) Contact: Planet Alpha Corp., D.V. Marino, CEO, https://planetalphaforest.earth

More Low-Carbon Energy News Deforestation,  Planet Alpha,  Fotest Carbon,  Carbon Credits,  Carbon Sequestration,  


California Carbon Permit Auction Nets $862Mn (Ind. Report)
California Air Resources Board
Date: 2017-11-29
In Sacramento, the California Air Resources Control Board (CARB) reports the state's recent auction of permits/allowances via its cap-and-trade program added a record $862 million the the Golden State's coffers. By law, the revenue will be used for low income housing projects, transit, electric car rebates, high speed rail, and similar low-carbon projects.

The state set a minimum price per permit of $13.57 and the final auction price was $15.06. All available permits were purchased. The cap-and-trade program is set to run through 2030. California aims to slash GHG emissions 40-pct below 1990 levels by the year 2030. (Source: California ARB, MML News, Various Others, 24 Nov., 2017) Contact: CARB, (800) 242-4450, helpline@arb.ca.gov, www.arb.ca.gov

More Low-Carbon Energy News California Air Resources Board,  California Cap-and-Trade,  Carbon Credits,  


GoodPlanet, Total Tout Indian Biodigester Project (Int'l Report)
GoodPlanet Foundation,Total
Date: 2017-11-22
French energy giant Total reports it has joined with Paris-headquartered NGO GoodPlanet Foundation for a project to deploy 8,400 biodiegesters in Adilabad, Telangana State, India, to improve the lives of 45,000 people and contribute to tackling climate change.

This voluntary carbon neutrality initiative is eligible for certified carbon credits and will avoid the emission of 50,000 tpy of carbon dioxide equivalent a year for ten years -- equivalent to all emissions generated by plane travel by Total employees. The project is slated to get underway this month with the first biodigesters expected to be operational in 2018. (Source: GoodPlanet Foundation, Total, Bioenergy Int'l, 21 Nov., 2017) Contact: GoodPlanet Foundation, Yann Arthus-Bertrand, Pres., www.goodplanet.org/en

More Low-Carbon Energy News Biodigester,  GoodPlanet Foundation,  Total,  Biogas,  

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