Emission Advisors works with companies across multiple sectors to understand, purchase, sell, and retire voluntary and compliance offsets in multiple environmental markets including: voluntary carbon offsets; emission reduction credits (ERCs); carbon allowances (California Cap and Trade Program and RGGI; regional emissions markets (Houston-Galveston-Brazoria Mass Emissions Cap and Trade Program and Regional Clean Air Incentives Market (RECLAIM); renewable energy Certificates (RECs); Low Carbon Fuel Standard (LCFS) credits; RINS under the Renewable Fuel Standard Program; and Cross State Air Pollution Rule (CSAPR) allowances. The company provides structured environmental compliance, brokerage, consulting, and portfolio optimization services to a large diverse client base.
AEGIS simplifies commodity and environmental markets for companies serious about managing their commodity exposures and/or emission footprints. AEGIS has unmatched technology and expertise to deliver market insights, tailored hedge strategies, efficient trade execution, and full-cycle management of hedge positions -- all designed for regulatory compliance.
(Source: AEGIS Hedging Solutions, PR, 5 Jan., 2021) Contact: AEGIS Hedging Solutions, Bryan Sanbury, CEO; Emission Advisors , Mike Taylor , 713-385-3321, email@example.com, www.aegis-hedging.com
More Low-Carbon Energy News AEGIS Hedging Solutions , Carbon Emissions, Carbon Market, Carbon Offset,
Spades proprietary solutions include Terrazone™ which helps fit people and land, negotiating between competing rural land uses, including the protection of habitat; Ecofit™biotech helps select the right combination of local tree species for current and future environments; engagement with the largest tree grower network in the world and local governments; and balanced finance to help unlock higher returns for investors, donors, and local landowners, applying monitoring and standards to track outcomes for 50 years.
Spades projects are open to diverse habitats and locations, from temperate to tropical, coastlines to highlands, in developed and developing nations. The first three projects are in Africa and Latin America.
Established in 2019, Spades is committed to developing profitable projects to reforest the world. Our vision is to sustain the world by integrating thriving human, environmental, and economic solutions. Spades' solutions meet multiple urgent, global needs of stakeholders. Reforestation, regenerative agriculture, integrated rural land use development, diversified ecosystems, greater food security, better water resources, carbon sequestration, air quality, and income and investment opportunities are just a few areas that will reap rewards from Spades work, according to the company.
According to a May 2021 report by the UNCCD, more than 125 countries have made commitments to improve their land and ecosystems. National pledges to take action already cover over 1 billion hectares.
(Source: Spades, PR, Jan., 2022) Contact: Spades for Life, Raymond Menard, CEO, www.spades.life
More Low-Carbon Energy News Reforestation, Aforestation, Carbon Emissions, Climate Change, Carbon Sequestration,
The project will be conducted on 100,000 acres in The Big Wild of the Pigeon River Country State Forest in the Northern Lower Peninsula. Plots of land have already been measured, but credits will not be issued until May 2022. Bluesource has 76 similar projects covering 3 million acres nationwide and has been effective in helping to generate millions of carbon offsets, according to Bluesource.
Michigan utility DTE has committed to purchase all of the Big Wild Forest Carbon Project carbon credits for the next 10 years at an estimated cost of $10 million as part of its strategy to attain net-zero carbon emissions by 2050. DTE residential customers can voluntarily choose to offset their carbon emissions partially or fully by making payments ranging from $4 to $16 per month.
(Source: Bluesource, Jan., 2021) Contact: Bluesource/DNR Big Wild Forest Carbon Project, 801 322 4750 , www.bluesource.com; Michigan DNR Big Wild Forest Carbon Project, Scott Whitcomb, 800-292-7800
More Low-Carbon Energy News Carbon Offset, Carbon Credit, Bluesource,
Cryptocurrencies are carbon-intensive and have a large climate impact, since they depend on high-powered computers to validate billions of transactions on a blockchain. Bitcoin currently accounts for 1 pct of global electricity consumption -- as much as entire countries -- and generates 95 Mtpy of carbon emissions and 1000 kg for a single transaction. Bitcoin miners have even brought disused coal plants out of retirement to meet their energy needs, according to the release.
EcoPenguin's mission is to help decarbonize cryptocurrency and build a thriving, eco-friendly crypto community. COTAP's mission is to empower individuals and organizations in developed countries to address climate change and global poverty simultaneously.
COTAP's carbon offsets counteract carbon emissions with tree planting, agroforestry, and forest protection operations in Nicaragua, Uganda, India, Fiji, Indonesia, and Mexico. The projects are all located in areas where income levels are less than $2 per day.
COTAP offset projects are certified under Plan Vivo, the world's longest-standing voluntary standard for forest carbon, which stipulates that rural communities must own the carbon offset projects and must receive at least 60 pct of the revenues the projects generate.
Download EcoPenguin White Paper HERE . (Source: EcoPenguin, PR, 20 Dec., 2021) Contact: EcoPenguin, www.ecopenguin.com/home; COTAP, www.cotap.org; Plan Vivo Foundation, www.planvivo.org
More Low-Carbon Energy News EcoPenguin, Carbon Offset, GHGs, Carbon Emissions,
Through the program, terraPulse will apply scientifically peer-reviewed AI to nearly forty years of satellite imagery to support the countries' monitoring of forest assets. The approach fuses data from local sources with global satellite data from NASA; the results will enable carbon modeling and the development of greenhouse gas inventories for the UN's Land Use, Land-Use Change and Forestry (LULUCF) land sector initiative.
Founded in 2014, terraPulse develops cloud-based solutions for monitoring ecosystem change at local, national, and global scales. Using peer-reviewed methodologies that apply big data and machine-learning to satellite imagery, terraPulse has produced the world's first sub-hectare resolution maps of global tree-canopy cover, surface water, and urbanization. With unmatched speed, accuracy and granularity -- down to individual property parcels -- terraPulse enables governments, nonprofits, businesses, and academic institutions to monitor, protect and commercialize natural assets -- including the rapidly growing market for carbon offsets. (Source: terraPulse, PR 30 Nov., 2021) Contact: terraPulse, www.terrapulse.com;
More Low-Carbon Energy News terraPulse, UNFCCC, Forest Carbon, REDD+, Carbon Offset,
Purpose Investments has partnered with Patch to help measure the carbon footprint of crypto wallets and provide carbon removal solutions.
The objective is to invest in controlled carbon offset schemes with the aim of providing carbon neutral exposure to customers BTC. Some of the projects it invests in include direct air carbon capture, biomass, mineralization or CO2 removal, forestry, marine composting and soil management. (Source: Purpose Investments, PR, WSC, 28 Nov., 2021) Contact: Purpose Investments, 877-789-1517, www.purposeinvest.com
More Low-Carbon Energy News Purpose Investments, Carbon Neutral,
Dublin-based airline Ryanair formerly charged a flat fee to offset emissions on each booking, but now uses a proportional system based on the length of the flight and emissions generated. For example, Frankfurt to Milan attracts a fee of €0.79 ($0.89). Presently, some airlines include carbon offsetting in fares, others levy an optional flat charge directly at the point of booking while Lufthansa, and others, require passengers to go to a third-party website to complete the offsetting transaction. (Source: Ryanair, Simple Flying, Nov., 2021) Contact: Ryanair, www.ryanair.com
More Low-Carbon Energy News Carbon Footprint news, Carbon Offset news, Carbon Emissions news, Aviation Emissions news,
The deal includes a $6 million upfront cash investment and a $2 million cash investment in MarVivo Corporation, paid on closing, followed by four separate $1 million investments at specific project milestones during development, implementation, validation and verification by Verra.
Upon payment of the Upfront Deposit, Carbon Streaming will have the right to purchase the greater of 200,000 credits or 20 pct of the annual verified carbon credits from the MarVivo Project each year. The Company will make ongoing payments to MarVivo Corporation for each carbon credit sold under the carbon stream. The first delivery of carbon credits is expected to occur in the first half of 2023.
Carbon Streaming invests capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects by bringing capital to projects that might not otherwise be developed. (Source: Carbon Streaming Corp., PR, Website, 18 Nov., 2021)
Contact: MarVivo Corporation, www.marvivo.earth;
Carbon Streaming Corp., www.carbonstreaming.com
More Low-Carbon Energy News Blu Carbon, Carbon Streaming, Carbon Credit, REDD+,
Airline travelers booking a ticket with organisations offering "Fly on SAF" can easily mitigate the carbon footprint from their flight by replacing fossil fuel with SAF. (Source: SkyNRG, Website, PR, Nov., 2021) Contact: SkyNRG, +31 20 470 70 20, firstname.lastname@example.org, www.skynrg.com; CHOOOSE, www.chooose.today
More Low-Carbon Energy News SkyNRG, SAF, Carbon Offset,
NW Natural will initially seek to acquire or develop RNG projects with key permits and feedstock and lease agreements in place. The company previously entered into deals to invest in RNG facilities and purchase the fuel, leveraging a nation-leading RNG tariff. The company is also developing a green hydrogen project and pioneered the use of voluntary carbon offsets and decoupling mechanisms to encourage energy efficiency, according to the company release.
(Source: Northwest Natural Holding Co., PR,S&P, 5 Nov., 2021) Contact: NW Natural, Dave Anderson , CEO, Pres., 503-721-2530, www.ir.nwnaturalholdings.com
More Low-Carbon Energy News Northwest Natural , RNG, Natural Gas,
In addition to its own net zero agenda, Cognizant is developing and deploying solutions enabling its global client base to double down on reducing their own carbon footprints, reducing waste, and sustainable product development by leveraging technology advancements in AI, data and analytics, cloud and IoT. Examples include: transitioning energy-intensive data centers to public cloud use; designing IoT-enabled smart buildings that manage electricity, heating, cooling and water consumption more efficiently to reduce power needs; and using IoT and cloud solutions in transportation and supply chain applications for real-time vessel emissions monitoring to improve shipping route planning and increase fuel efficiency.
(Source: Cognizant, Website PR, 19 Oct., 2021) Contact: Cognizant, Brian Humphries, CEO , Sophia Mendelsohn, Chief Sustainability Officer , Jodi Sorensen, email@example.com, www.cognizant.com
More Low-Carbon Energy News Cognizant news, Net-Zero Emissions news, Carbon Emissions news, Energy Efficiency news, Renewable Energy news,
The report recommends applying sector-specific offset approaches to emissions reduction policy, including whether offsetting is allowed as an alternative to reducing emissions in different scenarios, as well as limits on the amount of offsetting and the types of units used. It also recommended more stringent methods for the creation of Australian Carbon Credit Units, including an ongoing independent review process overseen by the federal government. This includes introducing rules to prevent double-counting of offsetting activities that take place in Australia but are used to offset emissions overseas.
The report also suggests that as demand for offsetting units grows with greater policy focus, governments should take a step back from being the major buyers to focus more on underwriting research and development in better offsetting practices, and technologies that remove carbon dioxide from the atmosphere, such as direct air carbon capture and storage, and large-scale mineralisation.
The report also calls for introducing an "upside-downside" clause in government contracts to encourage the move to updated carbon offsetting methods and placing time limits on the use of units from outdated offsetting methods. (Source: Grattan Institute, Website, PR, Oct., 2021)
Contact: Grattan Institute, +61 3 9035 9881, www.grattan.edu.au
More Low-Carbon Energy News Grattan Institute, Carbon Emissions, Carbon Credit, Climate Change, Carbon Offset,
Napocor's protection and reforestation projects are presently supported by the universal charge-environmental fund which is collected from electricity users every month. In July, the Indian Government Department of Energy issued an advisory aimed at encouraging independent power producers to join Napocor's carbon sequestration program.
(Source: Napocore, PR 12 Oct., 2021) Contact: Napocore, Emmanuel A. Umali, Manager for Watershed Management, www.ntpc.co.in
More Low-Carbon Energy News Reforestation news, Carbon Sequestration news, Climate Change news,
To that end, A4A noted the need for positive government policy support, including a $1.50-$2.00 per gallon SAF blenders tax credit; public-private SAF research, development and deployment programs such as a new SAF and low emissions technology grant program under consideration by Congress and other collaborative initiatives.
"For decades, U.S. passenger and cargo carriers have been investing in increasingly fuel-efficient aircraft and operating them in more efficient ways, improving overall fuel efficiency by more than 135 percent year-end 2019, saving over 5 billion metric tons of carbon dioxide (CO2) -- equivalent to taking more than 27 million cars off the road on average in each of those years. Additionally, A4A and our members have helped launch the nascent SAF industry and committed to the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to help facilitate achieving carbon-neutral growth in international aviation beginning in 2020," the A$A release noted.
(Source: Airlines for America, Website PR, 9 Sept., 2021) Contact: Airlines for America, Nicholas E. Calio, CEO, 202-626-4141, www.airlines.org
More Low-Carbon Energy News Airlines for America, SAF ,
EnerFORGE, the project’s critical energy infrastructure partner, the ZooShare biogas plant will add to its strategic portfolio of low-carbon energy projects, allowing them to build new value propositions in the production of RNG, hydrogen fuel cells, and carbon offset projects. (Source: ZooShare Biogas Cooperative, PR, 26 Aug., 2021)
Contact: ZooShare Biogas Cooperative, www.zooshare.ca; EnerFORGE, (905) 723-4626, www.opuc.on.ca/energy-services-innovation; EnerFORGE, (905) 723-4626 x 5261,
More Low-Carbon Energy News ZooShare Biogas, Biogas, EnerFORGE,
builds carbon plants that enable CO2 emissions reduction, avoidance and removal and
creates high quality permanent carbon offsets. the company
recently raised $14.6 million from the Australian Federal government to help fund construction of a demonstration plant near Newcastle.
(Source: Itochu Corporation, Financial Review, 25 Aug., 2021) Contact: Mineral Carbonation International, Marcus Dawe, CEO, firstname.lastname@example.org, www.mineralcarbonation.com; Itochu Corporation, www.itochu.co.jp
More Low-Carbon Energy News Itochu Corporation, Carbon Emissions, Carbon Utilization,
The ADSG’s goals include capability building, knowledge sharing and advocacy for issues such as energy efficiency, sustainability reporting and the circular economy.
As previously reported, Schneider Electric launched its sustainability consultancy in the Gulf with services tailored to the identification of energy efficiency savings, carbon offset programs, offsite renewable energy sourcing, electric mobility advising, and supply chain and logistics optimization. The company has committed itself to delivering 800 million tons of saved and avoided CO2 emissions to customers throughout the world, including Abu Dhabi and the UAE, by 2025. (Source: Schneider Electrdi, PR, 22 Aug., 2021)
Contact: Abu Dhabi Sustainability Group, Environment Agency-Abu Dhabi, www.adsg.ae
More Low-Carbon Energy News Schneider Electric news, Energy Efficiency news, Renewable Energy news,
Schneider and the ADSG will share knowledge on the latest research and solutions on carbon emissions reduction, energy efficiency and renewable energy and promote "a greener future for the UAE's capital."
The ADSG's goals include capability building, knowledge sharing and advocacy for issues such as energy efficiency, sustainability reporting and the circular economy.
As previously reported, Schneider Electric's sustainability consultancy in the Gulf offers services tailored to the identification of energy efficiency savings, carbon offset programs, offsite renewable energy sourcing, electric mobility advising and supply chain and logistics optimization. The company has committed itself to delivering 800 million tons of saved and avoided CO2 emissions to customers worldwide, including Abu Dhabi and the UAE, by 2025. (Source: Schneider Electric, PR, 22 Aug., 2021)
Contact: Abu Dhabi Sustainability Group, Environment Agency-Abu Dhabi, www.adsg.ae; Schneider Electric, Vicki True, 774-613-1158, email@example.com, www.se.com, twitter.com/SchneiderElec
More Low-Carbon Energy News Schneider Electric, Renewable Energy, Energy Efficiency,
A2E issues, registers, and retires A2E carbon removal offsets on behalf of individuals, corporations and institutions seeking a measurable and low-cost way to offset difficult to abate carbon emission. Each A2E CRO represents one metric ton of avoided carbon emissions and is backed by carbon pollution rights that are permanently removed from use under an emissions reduction framework validated by 11 U.S. States and the U.S. EPA.
A2E has partnered with Kiss the Ground, Restore America's Estuaries and Texas A&M Energy Institute to advance natural carbon removal and innovate direct air capture.
(Source: AIR TO EARTH, PR, 18 Aug., 2021) Contact: AIR TO EARTH LLC, Joseph Stark, Founder and CEO, 914.924.5505, firstname.lastname@example.org, www,airtoearth.com
More Low-Carbon Energy News Carbon Offset, Carbon Credit, AIR TO CARBON,
Each carbon credit purchased will offset one metric ton of CO2 emissions through direct investment in a selection of carbon offset projects that meet the requirements of either the United Nations or the Gold Standard.
Avfuel calculates carbon credits based on an industry-standardized formula, measured in accordance with the Greenhouse Gas Protocol and the ISO 14064 Standard, and utilizes CO2 emission coefficients as assigned by the U.S. Energy Information Administration. (Source: JSSI, PR, Aviation Pros, 16 Aug., 2021) Contact: Avfuel Corp., Keith Sawyer, Manager of Alternative Fuels, 734-663-6466, email@example.com, www.avfuel.com;
JSSI, Neil Book, CEO , www.jetsupport.com
More Low-Carbon Energy News Avfuel, SAF, Aviation Biofuels, Carbon Offset, Carbon Credit,
The front-of-meter energy storage system will be driven by Stem's Athena® intelligent software platform which uses AI to optimize the value of energy through battery discharge and recharge cycles. Utilizing Stem's AI-driven storage is also the next step in OZOP's patent-pending energy storage technologies, allowing the storage system to deliver critically timed energy to the grid as the New York City utilities demand requires it. These OZOP storage systems contribute to carbon offset programs by reducing the need for spinning reserves, an expensive but necessary support feature of the utilities.
The Brooklyn facility will be OZOP's first project to utilize Stem's smart energy storage within the Company's portfolio of commercial properties in New York, California, Texas and Arizona.
OZOP Energy Solutions invents, designs, develops, manufactures, and distributes ultra-high-power chargers, inverters, and power supplies for a wide variety of applications in the defense, heavy industrial, aircraft ground support, maritime and other sectors. OZOP Energy Systems, Inc. is a manufacturer and distributor of renewable energy products in the energy storage, solar, mcrogrids, and EV charging sector.
(Source: OZOP Energy Solutions, Inc., PR 18 Aug., 2021)
Contact; OZOP Energy, Brian Conway, CEO, www.ozopenergy.com;
Stem Inc., www.stem.com
More Low-Carbon Energy News Energy Storage news, Artifical Intelligence news, AI Energy Storage news, Stem news,
The AgriCarbon Programme provides farmers with an additional source of income by helping them certify and sell high-demand agricultural carbon credits.
CNG determines the amount of carbon credits generated on the farm through soil data which is submitted to the carbon auditor and finally the Verra carbon standard.
Including multiple farms under the AgriCarbon Programme substantially reduces carbon development and auditing costs per farm, thereby maximizing income to the farmers.
(Source: Climate Neutral Group, PR, Engineering News, 18 Aug., 2021) Contact: Climate Neutral Group, +31 30 232 6175, www.climateneutralgroup.com
More Low-Carbon Energy News Carbon Credit news, Carbon Market news,
The GreenGas project will supply RNG from biomethane currently being off-gassed from roughly 700 million ppy of vegetable food processing wastewater holding ponds at McCall Farms in Effingham, South Carolina. Duke University will use the RNG in its on campus steam plants to replace about 6 pct of the fossil natural gas currently being combusted.
Duke has pledge net-zero greenhouse gas emissions by 2024. (Source: Duke University, PR, Biocycle, 3 Aug., 2021) Contact: Duke University, Tanja Vujic, WasteNot Strategies, LLC Duke Carbon Offsets Initiative, www.duke.edu; GreenGasUSA, Marc Fetten, 412-726-3331, firstname.lastname@example.org, www.greengasusa.com
More Low-Carbon Energy News GreenGas USA, RNG, Duke University,
To reach its net zero goal the compay will focus:
The Rimba Raya Project is expected to create over 70 million credits over its remaining 20-year crediting period, and to reduce greenhouse gas emissions by 3,527,171 tonnes of CO2 equivalent (tCO2e) per year with a total reduction of 130 million tCO2e estimated over its 30-year carbon offset project, which started in 2009.
InfiniteEARTH is a pioneer in the REDD+ industry, having developed the world's first REDD+ carbon accounting methodology, the first REDD+ project validated under the Verified Carbon Standard (VCS) and the first REDD+ project to receive "triple-gold" verification under the Climate, Community and Biodiversity Standard. The Rimba Raya Project is also the world's first REDD+ project to be verified under the newly launched Sustainable Development Verified Impact Standard (SDVista), earning the highest possible rating for demonstrating its contribution to all 17 United Nations Sustainable Development Goals (UN SDGs).
Carbon Streaming invests capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects by bringing capital to projects that might not otherwise be developed. The company is focused on acquiring, managing and growing a high-quality and diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly or indirectly, with voluntary and/or compliance carbon credits, according to the company.
(Source: Carbon Streaming, PR,3 Aug., 2021)
Contact: Carbon Streaming, Justin Cochrane, Pres. and CEO,
www.carbonstreaming.com; Rimba Raya Project , www.rimba-raya.com; VCS, www.vcs.com;
InfiniteEARTH, hk.linkedin.com › infinite-earth-organization
More Low-Carbon Energy News Carbon Streaming, Carbon Credit, REDD+,
SK Innovation set a step-by-step goal to achieve 100 pct Net Zero before 2050 after reducing 12.43 million tons of CO2 generated in Scope 1 and 2 as of 2019 to 25 pct in 2025 and 50 pct in 2030.
The company plans to invest roughly $1.3 billion to cut down 2.5 million tons of carbon emissions by 2030 by improving energy efficiency, transitioning to 25 pct renewable energy by 2025 and 100 pct by 2030. The company also plans to adopt Carbon Capture and Storage (CCS) technology, develop environmentally-friendly products, elevate factory operation efficiencies participate in carbon offset programs to further cut battery and materials business emissions 13.6 million tons by 2035. (Source: SK Innovation, PR 2 Aug., 2021)Contact: SK innovation, www.eng.skinnovation.com
More Low-Carbon Energy News SK Innovation, Battery, Net-Zero Emissions,
To complement the substantial spending on climate in the EU budget, Member States should spend the entirety of their emissions trading revenues on climate and energy-related projects. A dedicated part of the revenues from the new system for road transport and buildings should address the possible social impact on vulnerable households, micro-enterprises and transport users.
European Green Deal, www.ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal_en. (Source: EC, PR, 14 July, 2021)
More Low-Carbon Energy News European Green Deal,
Launching as a pilot in August, Project Carbon will act as a place where the four banks' corporate customers buy and sell carbon offsets with clear and consistent pricing and standards. More banks are expected to join at a later date. (Source: Finextra, 12 July, 2021)
More Low-Carbon Energy News Carbon Offset news, Carbon Market news,
The offset projects selected include: protecting forests in Indonesia; supporting renewable solar energy projects in India ; and providing efficient, clean burning cook stoves for rural families in Nepal. The offsets will be provided via the BlueHalo digital solution, which has been developed by Australia-based Tasman Environmental Markets (TEM). This allows passengers to immediately calculate and offset the emissions associated with their journey.
As previously reported, the SIA has committed to achieve net-zero carbon emissions by 2050 by: increased investments in new-generation aircraft; achieving higher operational efficiency; adopting low-carbon technology such as sustainable aviation fuels (SAF), and sourcing high quality carbon offsets.
SIA is a participant in the International Civil Aviation Organisation (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).
(Source: Singapore Airlines, Business Traveler, 27 June, 2021) Contact: Singapore Airlines, www.singaporeair.com
More Low-Carbon Energy News ICAO, Singapore Airlines, Carbon Offsets ,
The new N-GEO futures are designed "to help create a more transparent and efficient voluntary emissions offset market." The contract size is 1,000 offsets and each offset represents 1 metric ton of CO2, according to the release.
The futures were developed with Xpansiv market CBL, which launched an N-GEO spot contract earlier this year based on eligible voluntary offsets from Agriculture, Forestry, and Other Land Use (AFOLU) projects with additional Climate, Community, and Biodiversity (CCB) accreditation.
N-GEO futures are based on eligible voluntary offsets from AFOLU projects with additional Climate, Community, and Biodiversity (CCB) accreditation. AFOLU category activities include: afforestation, reforestation, revegetation, wetland rewetting and conservation and improved forestry management. N-GEO futures are based on eligible voluntary offsets from AFOLU projects with additional Climate, Community, and Biodiversity (CCB) accreditation, CME said. The futures are based on CBL's Nature-Based Global Emissions Offset Spot contract, which launched in March.
(Source: CME Group, PR, PR, 21 June, 2021) Contact: CME Group, Peter Keavey, Global Head of Energy, 312-930-1000, www.cmegroup.com
More Low-Carbon Energy News Carbon Offset news, Voluntary Carbon Offset news,
The IPO supports the company's plan to construct roughly 25 new power projects by 2028 and to grow an existing portfolio of 10 biogas plants operated on behalf of investment entities backed by Aviva and JLEN Environmental Assets Group.
The growth strategy includes carbon-capture and storage (CCS) "bolt-on" projects which further boost the environmental credentials for the soon-to-be-listed share.
Future Biogas is teamed up with the Northern Lights Project -- a venture by a number of oil and gas firms with a presence in the North Sea. Carbon captured by Future Biogas will be supplied to Northern Lights for permanent storage underground, beneath the North Sea. The Northern Lights venture partners include Royal Dutch Shell, Total and Equinor.
Future Biogas will generate carbon offsets for its part in the venture, and it intends to sell them to corporate buyers. (Source: Future Biogas Ltd., PR, Investor, 15 June, 2021) Contact: Future Biogas Ltd., Philipp Lukas, CEO, +44 1483 375920, www.futurebiogas.com
More Low-Carbon Energy News Future Biogas, CCS, Biogas, Northern Lights , Carbon Offsets,
The platform allows users to offset purchases made on e-commerce businesses including grocery orders, food and fuel delivery, and online stores, among others.
The Olive Gaea platform supports carbon offsetting projects that are handpicked and verified by Verra , Plan Vivo and other third party organizations. (Source: Olive Gaea, PR, Kahleej Times, 10 June, 2021) Contact: Olive Gaea, Vivek Tripathi, CEO, email@example.com, www.olivegaea.com
More Low-Carbon Energy News Carbon Offset news, Carbon Credits news,
Likewise, Hong Kong-headquartered Cathay Pacific Group, one of the first air carriers in Asia to establish a timeline for achieving carbon neutrality, has announced plans to achieve net-zero carbon emissions by 2050. To that end, Cathay Pacific will investment in sustainable aviation fuel (SAF), identify efficiencies including a new fuel-efficient fleet and reducing engine use on the ground, as well as take advantage of carbon offsets. (Source: Singapore Airlines, Cathay Pacific, PR, Travel Weekly, May, 2021)
More Low-Carbon Energy News Net-Zero Emissions news, SAF news, Carbon Emissions news, Aviation Emissions news,
The Climate Action Reserve will initially focus on quantifying the emission reductions from the conversion of agricultural byproducts, like poultry manure, into controlled-release fertilizers and establish mechanisms to calculate the displacement of fossil transportation fuels through the use of agriculture-derived renewable natural gas (RNG). The end goal is to develop a science-based framework applicable across the entire agricultural sector, enabling science-based carbon credit accounting for agricultural N2O emission reductions.
CleanBay is developing a portfolio of bioconversion facilities across the U.S., each of which will recycle more than 150,000 tpy of chicken litter to generate over 750,000 MMBtus of sustainable renewable natural gas (RNG), 125,000 tpy of organic fertilizer, and an estimated 500,000 tpy of CO2 equivalent emission abatement that will be available for purchase in carbon markets.
(Source: CleanBay Renewables Inc., PR, 12 May, 2021) Contact: CleanBay Renewables Inc.,
www.cleanbayrenewables.com; Climate Action Reserve, (213) 891-1444,
fax: (213) 623-6716,
More Low-Carbon Energy News Carbon Offset, Climate Action Reserve,
Of the total, $30.6 million will be invested in practical action to restore and account for blue carbon ecosystems to improve the health of coastal environments in Australia and regionally:
The Government has also newly pledged $59.9 million to develop a high-integrity carbon offset scheme in its Indo-Pacific region to stimulate investment in high-quality projects that deliver carbon offsets that meet the requirements of the Paris Agreement.
The investments are in addition to more than $1.1 billion the Morrison Government previously announced it will invest in low emissions energy technologies such as hydrogen and carbon capture and storage and is in addition to the $18 billion of investment the Government is making alongside the Technology Investment Roadmap over the next 10 years to drive at least $70 billion of total new investment in low emissions technologies in Australia by 2030.
(Source: Gov. of Australia, PR, Good News Network, 2 May, 2021) Contact: Gov. of Australia, www.Australia.gov.au
More Low-Carbon Energy News CCSAustralia Climate Change, Blue Carbon, Mangrove, Carbon Emissions,
Through the provable "burning" of MCO2 tokens (via UNISWAP), ORDAM created the world's first carbon neural crypto asset offering. For every Bitcoin owned, ORDAM will buy and "plants" MCO2 tokens, offsetting carbon emissions.
ORDAM is the first asset management company to offer carbon offsetting globally. (Source: MOSS, ORDAM, PR, 27 Apr., 2021) Contact:
MOSS, www.moss.earth/en/home; One River Digital Asset Management, (203) 489-1440 , firstname.lastname@example.org, www.oneriveram.com/digital-assets-strategies
More Low-Carbon Energy News Carbon Offset, Carbon Credits,
The companies will negotiate a CO2 off-take and a sequestration and monitoring agreement for OLCV to transport CO2 from the facility for sequestration in an underground geologic formation in the Rio Grande Valley.
Next Decade aims to make the LNG facility a net-zero carbon emissions development with CCS and by purchasing carbon offsets, subject a final investment decision later this year. Construction is expected to get underway in 2022. (Source: NextDecade Corp., Website PR, Mar., 2021)
Contact: Oxy Low Carbon Ventures, Richard Jackson, Pres., U.S. Onshore Resources and Carbon Management, OLCV@OXY.COM, www.oxylowcarbon.com; NextDecade Corp., (713) 574-1880, www.next-decade.com
More Low-Carbon Energy News Occidental Petroleum Corp., CCS, NextDecade, LNG,
The new company will also advance proprietary processes to lower the cost of utilizing CCS technology; help other energy companies reduce their greenhouse gas (GHG) emissions associated with the production, transportation, and use of natural gas; and generate high-quality, verifiable carbon offsets to support companies in their efforts to achieve net-zero emissions.
NEXT Carbon Solutions' CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 pct without major design changes to the Rio Grande LNG project. As a result, Rio Grande LNG is expected to be the greenest LNG project in the world, according to the company release. (Source: NextDecade, Website, PR, 18 Mar., 2021) Contact: NextDecade, Matt Schatzman, CEO, (832) 209-8131 email@example.com, www.next-decade.com
More Low-Carbon Energy News Carbon Emissions news, CCS news, LNG news, Natural Gas news,
Nutrien was hoping to have about 100,000 acres in Western Canada and the United States corn belt states of Illinois and Ohio subscribed to its "carbon farm" program in 2021.
Under the program, growers will have the option of adopting a variety of agronomic practices scientifically proven to reduce greenhouse gas emissions and can be used to produce offsets ranging from the adoption of minimal tilling low disturbance cropping practices to the use of specialized crop nutrient products such as slow-release fertilizers, nitrogen inhibitors, biological and micro-nutrients, and variable rate fertilizer prescriptions. The entire system will be supported by digital platforms and data collection programs that enable monitoring and quantification.
As the markets for voluntary carbon credits and GHG offsets become more established, it is expected that more farmers and land managers will recognize carbon offsets as a new revenue stream that can supplement net farm incomes, the release notes.
Nutrien estimates growers could eventually earn as much as $30 to $50 per acre under its program. Potential revenues will ultimately depend on carbon credit valuations in voluntary markets. (Source: Nutrien Ag Solutions, PR, Website, Mar., 2021)
Contact: Nutrien, Mark Thompson, Exec. VP, (306) 933-8500 www.nutrien.com
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The offset rules will be part of the 2018 Greenhouse Gas Pollution Pricing Act, which enabled a sweeping tax on emissions on everything from industrial pollution to home-heating fuel, and will support a domestic carbon trading market under Canada's carbon price for industry -- the Output-Based Pricing System (OBPS) -- under which regulated facilities that exceed their emission limits can provide compensation by purchasing federal offset credits -- an additional lower-cost option -- generated from activities not already incentivized by carbon pollution pricing.
Once established, the Federal Greenhouse Gas Offset System will stimulate demand for projects across Canada that reduce greenhouse gases and generate federal offset credits. The ability to generate and sell federal offset credits creates opportunities for farmers, foresters, Indigenous communities, municipalities, and other project developers to earn revenues from greenhouse-gas reductions and removals.
Protocols for high priority project types are currently under development in parallel to the regulation to give industries additional lower-cost compliance options. For example, under the Landfill Methane Management Protocol, which is currently under development, a municipality could install technology to collect methane that would otherwise be emitted into the atmosphere. The municipality could earn federal offset credits, which it could sell to industrial facilities regulated under the Output-Based Pricing System. Canada is aiming for net-zero emissions by 2050.
(Source: Environment and Climate Change Canada, Website PR, Mar., 2021) Contact: Environment and Climate Change Canada, www.canada.ca/en/environment-climate-change.html
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The new guidance includes a set of principles which should be used to evaluate the quality of renewable energy procurement routes, including how to create additionality -- driving a material increase in the UK's renewable energy capacity.
Download Renewable Energy Procurement and Carbon Offsetting Guidance for Net Zero Carbon Buildings details
HERE. (Source: UKGBC, insight, 9 Mar., 2021) Contact: UKGBC, Alastair Mant, firstname.lastname@example.org, www.ukgbc.org
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GEO futures, which were designed to help customers manage the risks associated with voluntary decarbonization strategies, are based on the selection criteria and review process developed for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA). GEO futures allow for delivery of CORSIA eligible voluntary offset credits from three ICAO approved registries and are listed by and subject to the rules of NYMEX. (Source: CME Group, PR, Mar., 2021) Contact: CME Group, www.cmegroup.com/geo
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Shell wants to ramp up its use of nature-based carbon offsets, which include forestation projects, to 120 million tpy by 2030, to as high as 300 million tpy . Shell, which currently has 4.5 million tonnes of CCS capacity either in use or in the pipeline, aims to sell CCS as a service to other emitters
Globally, the entire voluntary carbon offset market reached 104 million tonnes in 2019, according to Ecosystem Marketplace .
(Source: Shell, Yahoo, 19 Feb., 2021)
Contact: Shell, www.shell.com/newenergies
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