On December 13, 2019, the Company announced an Emissions Reduction Benefits Management Agreement (ERBMA) with Lac Seul to develop forest carbon sequestration opportunities in the First Nation's territory in Northwestern Ontario. Under the terms of the ERBMA, AurCrest is the sole and exclusive agent for LSFN to manage and develop projects within LSFN traditional territory to harvest ERBs. AurCrest entered into the CDMA with Bluesource to provide the expertise associated with development and monetizing the carbon offsets.
Bluesource helps forest owners evaluate opportunities and generate value in diverse carbon markets by developing and monetizing offsets on their behalf.
(Source: AurCrest Gold Inc., PR, 11 May, 2020) Contact: AurCrest Gold Inc., Christopher Angeconeb, Pres., CEO, (807) 737-5353,
Ian Brodie-Brown, Dir. Bus. Dev., (416) 844-9969, email@example.com, www.aurcrest.ca; Blue Source Canada, (403) 262-3026, www.bluesource.com
More Low-Carbon Energy News AurCrest Gold, Blue Source Canada, Carbon Offset,
"All of society, from consumers, to businesses, to governments, recognised the need to accelerate global efforts to reduce greenhouse gas emissions," -- Ben van Beurden, CEO,Shell Oil, April, 2020
More Low-Carbon Energy News Carbon Market, EU ETS,
The Family Forest Carbon Program offers a practice-based approach, where landowners are given incentive payments to implement science-based sustainable forest practices guaranteed to produce additional carbon sequestration. This unique, practice-based methodology takes into account the constraints of small forest ownership, yet is more credible and scalable, to allow small landowners to contribute at a landscape level. The program also provides a range of co-benefits that address biodiversity, forest health, water quality, ecosystem resilience and related issues.
Download Family Forest Carbon Program details HERE .
(Source: American Forest Foundation, Sustainable Brands, Mar. Apr., 2020) Contact: Family Forest Carbon Program, Tom Martin,
President & CEO, 202-765-3472,
More Low-Carbon Energy News American Forest Foundation, Carbon Credits, ,
"Some countries are championing double counting and pre-2020 rollovers... they are undermining environmental integrity” -- Grenada Environment Minister
"It's time to move on.
Countries that are serious about using carbon markets to increase ambition should move forward to set their own strong rules for high integrity international emissions trading." -- Nat Keohane, Snr. VP Climate, US Environmental Defense Fund.
(Source: Various Media, Montel, 17 Dec., 2019)
More Low-Carbon Energy News COP25,
"It's up to each individual entity, but the innovation of taking advantage of low-carbon markets. I think if we can differentiate ourselves within the state of North Dakota, to take advantage of those and be long survivors in this industry." - Gerald Bachmeier, CEO, Red Trail Energy (Source: Red Trail Energy, West Dakota Fox, 5 Oct., 2019) Contact: Red Trail Energy, 701-974-3308, www.redtrailenergy.com
More Low-Carbon Energy News RFS, "Hardship" Waiver, Ethanol.Ethanol Blend, Iowa Renewable Fuels Association, Red Trail Energy,
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,
To that end, the company's strategic plan for the second half of fiscal year 2019 includes:
completion of the next round of funding for Entrex Carbon Markets and other partnerships;
moving from strategic startup phase to functional operating phase by Q4 2019;
recruiting the necessary executive leadership; take steps to develop first entry into Diversified Solar Utility;
formalize investor relations efforts to stay in front of news cycles and improve accountability to shareholders; and
target upgrading the stock from OTC Pink to OTC QB within the next 18 months. (Source: Universal Solar Technology Inc., PR, EIN, 12 July, 2019) Contact: Universal Solar Technology Inc., Paul D. Landrew,
(832) -229-7046, www.universalsolartechnology.com
More Low-Carbon Energy News Universal Solar Technology, Solar,
In June alone, the trading at nine carbon markets across the country were up 81.3 pct and 38.3 percent month on month, respectively, Xinhua said.
(Source: China Ministry of Ecology and Environment, Xinhua, 11 July, 2019) Contact: China Ministry of Ecology and Environment, english.mee.gov.cn
More Low-Carbon Energy News China Carbon Market, China Cap-and-Trade,
Climate Change has been widely recognized as one of the greatest challenges for and threats to society. However, placing a cost on emitting CO2 has been limited to regional markets that are not interconnected, with the price paid by emitters being insufficient to incentivize investment in cleaner technologies.
Spark Change has created a transformational financial instrument, Spark, that integrates regional carbon markets into a single product, simultaneously allowing investors to gain exposure to a global carbon price and forcing emitters to invest in cleaner technologies and accelerate the reduction in emissions.
Spark Change's Cloud-based CTRM platform gathers live pricing information via regional integrations with exchanges across Europe, North America and soon China. Smart contracts are used to calculate a global carbon price using the weighted emissions per GDP of each of these regions, and the proceeds from every investment in Spark used to automatically execute the purchase of emission allowances from across the regional markets. The distributed ledger allows reconciliation of the number of Spark held by investors with the number of emissions allowances being held in reserve, creating a one-to-one asset backed financial instrument.
(Source: Spark Change; PR, May, 2019) Contact: Spark Change, Joff Hamilton-Dick, CEO, www.sparkchange.io; BJSS, www.bjss.com
More Low-Carbon Energy News Climate Change, Carbon Emissions,
The fund also aims to offset the carbon footprint of the investment strategy, which is achieved through the use of Verified Emission Reductions certificates from the Kasigau Corridor REDD+ project, which is based in south east Kenya. The project protects more than 200,000 hectares of endangered dryland forest.
The launch of this latest Ucits funds is in line with BNP Paribas AM's Global Sustainability strategy, which includes the plan to reduce the environmental impacts of its operations.
Paris, France-headquartered BNP Paribas S.A. is the world's 8th largest bank by total assets and currently operates in 77 countries. (Source: BNP Paribas, CityWire Selector, 29 Mar., 2019) Contact: Bank BNP Paribas, Neven Graillat, Chief Sustainability Product Officer at BNP Paribas Global Markets said: ‘The management of risks relating to www.group.bnpparibas/en
More Low-Carbon Energy News BNP Paribas, Carbon Footprint, Carbon Markets,
According to the Minister, the EU would be keen to integrate the two carbon markets, despite the fact formal talks on the issue will not start until the UK has resolved the current parliamentary stand-off over the Withdrawal Agreement.
The UK is one of the largest participants in the continent-wide EU ETS which has been widely credited with helping to drive down emissions across the 28-member bloc.(Source: UK Energy and Clean Growth Minstry, BusinessGreen, 28 Feb., 2019) Contact: U.K. Energy and Clean Growth Minister, www.gov.uk/government/ministers/minister-of-state-minister-for-energy
More Low-Carbon Energy News Claire Perry, EU ETS, Aviation Emissions,
Funded by ADB, the Government of Germany, and the Swedish Energy Agency, the facility will provide technical, capacity building, and policy development support to help the DMCs meet Article 6 of the Paris Agreement under which countries voluntarily committed to lower their carbon emissions.
The Article 6 Support Facility is intended to help DMCs achieve expertise, draw lessons from pilot activities, and enhance their preparedness for participation in carbon markets beyond 2020, while contributing to international negotiations.(Source: ADB, Modern Diplomacy, 8 Dec., 2018) Contact: Asian Development Bank, +63 2 632 4444, www.adb.org
More Low-Carbon Energy News Paris Climate Agreement, Asian Development Bank, Climate Change, Carbon Emissions,
"The 2018 edition of the report focuses exclusively on data and information on the evolving initiatives that put a price on carbon, in terms of their most current status and emerging trends. It includes an expanded discussion on what the trends are telling us about the underlying motivations of and the direction the world is moving in when it comes to carbon pricing.
"The growing momentum for carbon pricing and the increasing prevalence of the topic in climate change discussions in recent years take us in a new direction for the report. More national and sub-national jurisdictions and private sector entities are adopting carbon pricing.
"This report also includes a reflection on the engagement of non-state actors on climate action and carbon pricing -- a development that characterizes the implementation phase the world has embarked on since the adoption of the Paris Agreement. The inclusion of internal carbon prices in business operations, and how this is incentivizing action on climate change, has raised the need to expand the focus to include an important discussion on how carbon pricing is considered in other economies and the indirect measures taken to provide a carbon price signal."
Download the World Bank Group State and Trends of Carbon Pricing 2018 report at www.openknowledge.worldbank.org/handle/10986/29687.
Download an online dashboard to complement the publication HERE. (Source: World Bank Group, May, 2018)Contact: World Bank Group, www.worldbank.org
More Low-Carbon Energy News World Bank, Carbon Price,
ClimeCo has registered more than 15 million carbon offsets across 172 reporting periods. The company's offset volume stems from reducing greenhouse gas emissions through several project types, to include N2O Abatement, Destruction of Ozone Depleting Substances, Agricultural Methane Capture, and Organic Waste Composting.
ClimeCo is a developer, broker and advisor of both voluntary and compliance grade environmental commodity market products across numerous project types, with specialized expertise in California cap-and-trade, voluntary market advisory and transactional services, and project financing of internal CO2 abatement systems. (Source: ClimeCo, PR, 6 April, 2018) Contact: ClimeCo, Bill Flederbach, President & CEO (484) 415-0501,
firstname.lastname@example.org, www.climeco.com; Climate Action Reserve, www.climateactionreserve.org
More Low-Carbon Energy News ClimeCo, Carbon Emissions, Climate Action Reserve, Carbon Offsets,
Construction is expected to get underway early this year for start-up in spring of 2019. The facility will feature heat and power generation from waste wood, high protein distillers dried grains (DDGs), cellulosic ethanol production from corn kernel fiber and advanced corn oil production.
The project's ethanol output is expected to be marketed in California and other emerging low carbon markets. (Source: The Andersons, ICM, Mar., 2018) Contact: The Andersons Inc, (419) 893-5050, www.andersonsinc.com; ICM, (316) 796-0900, www.icminc.com
More Low-Carbon Energy News Dry Mill Corn Ethanol, The Andersons , ICM, Ethanol,
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, email@example.com, www.carboncreditcapital.com; Residential Home Funding Corp. of America, (888) 763-3500, www.rhfunding.com
The project aims to provide an overview of forest projects that can offset CO2 GHG emissions and the mechanisms for participation in forest conservation, reforestation, improved forest management and other related programs.
The OFFSET Workshop will provide an overview and outline of specific carbon offset programs, voluntary and compliance carbon markets -- California cap-and-trade -- and the rules, regulations and guidelines for participation. Presenters will also outline different types of forest offset projects, describe the stages in the lifetime of a project, accepted carbon registries, carbon stock assessments, verification and current trends in the program.
California's forest carbon offset program, baseline assessments of carbon stocks and an accounting methodology for forest offset activities that could occur in North Carolina, will also be covered.
(Source: Appalachian Today, 29 Jan., 2018)Contact: Appalachian State University,
The EU's ETS operates in 31 EU countries -- plus Iceland, Liechtenstein, and Norway -- and covers approximately 45 pct of the EU's greenhouse gas emissions and works on a cap-and-trade principle.
The Swiss ETS is also based on the cap-and-trade principle. The agreement will enter into force at the start of the year following ratification by both parties.
(Source: Tax News, Others, 27 Nov., 2017)
More Low-Carbon Energy News EU ETS, Carbon Markets, Carbon Emissions Trade,
According to the Chinese National Development and Reform Commission (NDRC), the system will cover companies with annual energy consumption of over 10,000 metric tons of standard coal. These companies are primarily in the petrochemical, chemical, building materials, iron and steel, nonferrous metals, paper, electric utilities and aviation sectors.
Carbon markets have been operating successfully in the European Union -- EU ETS -- and the U.S. state of California, despite some problems in determining prices and emissions caps. In time, China's national trading system could become the largest in the world
and could help China meet its pledges to cut carbon emissions per unit of gdp by 40-45 pct below 2005 levels by 2020 and reach peak emissions by around 2030, according to the NDRC. (Source: NDRC, Radio Free Asia, Sept., 2017) Contact: China National Development and Reform Commission, en.ndrc.gov.cn
More Low-Carbon Energy News China Cap-and-Trade, China Carbon Market, China National Development and Reform Commission ,
The standard is set to help those who fund life-changing climate and development projects around the world -- including corporates, impact investors and government bodies -- measure the full range of benefits they have contributed to and report credible, verified impacts to their customers and other stakeholders. It is also anticipated that the best practice standard will protect businesses against accusations of "green-washing" as well as open up new avenues of funding for large-scale programmes, like green infrastructure and sustainable supply chain interventions around the world.
Gold Standard sets the best practice benchmark for climate projects, ensuring the highest levels of environmental integrity and sustainable development in carbon markets. To accelerate progress toward the Paris Agreement and the Sustainable Development Goals, Gold Standard will now certify a range of independently-verified SDG Impacts in addition to its flagship carbon credits. (Source: Gold Standard, PR, 10 July, 2017) Contact: Gold Standard, Marion Verles, CEO
+41 22 788 7080, www.goldstandard.org
More Low-Carbon Energy News Carbon Credits, Gold Standard, Climate Change Mitigation,