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Forest-Woody Biomass Carbon Benefits Stressed (Ind. Report)
US Industrial Pellet Association
Date: 2020-02-26
As previously reported, the Richmond, Virginia-based not-for-profit US Industrial Pellet Association (USIPA) is lauding the National Association of University Forest Resource Programs (NAUFRP) for its letter signed by more than 100 scientists and researchers calling on policymakers to consider key fundamentals related to forest-woody biomass and the benefits of wood energy.

The letter, which noted that the "carbon benefits of sustainable forest biomass are well established", cites a report from UN Intergovernmental Panel on Climate Change(IPCC) which notes -- "In the long term, a sustainable forest management strategy aimed at maintaining or increasing forest carbon stocks, while producing an annual sustained yield of timber, fibre or energy from the forest, will generate the largest sustained mitigation benefit. Demand for wood helps keep land in forest and incentivizes investments in new and more productive forests, all of which have significant carbon benefits."

Reviewing more than 30 years of scientific research on forest biomass utilization, scientists from Yale, Harvard, and Georgia to Washington, Idaho, Berkeley and others identified four fundamentals for science-based decision-making on biomass energy production:

  • The carbon benefits of sustainable forest biomass energy are well established.

  • Measuring the carbon benefits of forest biomass energy must consider cumulative carbon emissions over the long term.

  • An accurate comparison of forest biomass energy carbon impacts with those of other energy sources requires the use of consistent time-frames in the comparison.

  • Economic factors influence the carbon impacts of forest biomass energy. (Source: The US Industrial Pellet Association, 25 Oct., 2019) Contact: The US Industrial Pellet Association, Deth Ginter, Exec. Dir., J. Marcus, (804) 775.5894, JMarcus@theusipa.org, www.theusipa.org; National Association of University Forest Resource Programs, www.naufrp.org

    More Low-Carbon Energy News Forest Biomass,  Woody Biomass,  


  • BP Invests in Carbon Off-Setter Finite Resources (Ind. Report)
    BP, Finite Carbon
    Date: 2019-10-30
    UK-based oil giant BP reports it has invested $5 million in Finite Resources, parent company of Wayne, Pennsylvania-based Finite Carbon, a forest carbon management company. The investment will enable Finite Carbon to grow a new line of business to incentivize forest management financed by businesses seeking to voluntarily offset carbon emissions, according to a Kallanish Energy reports.

    Finite Carbon, is the largest developer of forest carbon offsets in North America, with over 40 forest projects covering nearly 3 million acres. Finite Carbon has developed and transacted more than 60 million compliance offsets, valued at nearly $600 million for landowners. (Source: BP, Kallanish Energy, 29 Oct., 2019) Contact: Finite Carbon, Sean Carney, CEO, 484-586-3080, www.finitecarbon.com

    More Low-Carbon Energy News Finite Carbon,  Carbon Offsets,  BP,  Carbon Emissions,  


    Forest-Woody Biomass Carbon Benefits Stressed (Ind. Report)
    US Industrial Pellet Association
    Date: 2019-10-28
    The Richmond, Virginia-based not-for-profit US Industrial Pellet Association (USIPA) is lauding the National Association of University Forest Resource Programs (NAUFRP) for its letter signed by more than 100 scientists and researchers calling on policymakers to consider key fundamentals related to forest-woody biomass and the benefits of wood energy.

    The letter, which noted that the "carbon benefits of sustainable forest biomass are well established", cites a report from UN Intergovernmental Panel on Climate Change(IPCC) which notes: "In the long term, a sustainable forest management strategy aimed at maintaining or increasing forest carbon stocks, while producing an annual sustained yield of timber, fibre or energy from the forest, will generate the largest sustained mitigation benefit. Demand for wood helps keep land in forest and incentivizes investments in new and more productive forests, all of which have significant carbon benefits."

    Reviewing more than 30 years of scientific research on forest biomass utilization, scientists from Yale, Harvard, and Georgia to Washington, Idaho, Berkeley and others identified four fundamentals for science-based decision-making on biomass energy production:

  • The carbon benefits of sustainable forest biomass energy are well established.

  • Measuring the carbon benefits of forest biomass energy must consider cumulative carbon emissions over the long term.

  • An accurate comparison of forest biomass energy carbon impacts with those of other energy sources requires the use of consistent time-frames in the comparison.

  • Economic factors influence the carbon impacts of forest biomass energy. (Source: The US Industrial Pellet Association, 25 Oct., 2019) Contact: The US Industrial Pellet Association, Deth Ginter, Exec. Dir., J. Marcus, (804) 775.5894, JMarcus@theusipa.org, www.theusipa.org; National Association of University Forest Resource Programs, www.naufrp.org

    More Low-Carbon Energy News IPCC,  US Industrial Pellet Association ,  Woody Biomass,  Wood Pellet,  


  • AurCrest Gold, Blue Source Seek Forest Carbon Sequestration Opportunities (Ind. Report)
    AurCrest Gold, Blue Source
    Date: 2019-08-21
    Toronto-based AurCrest Gold Inc. reports it and Alberta-headquartered Blue Source Canada have inked a Carbon Development & Marketing Agreement to collaborate to develop forest carbon sequestration opportunities on behalf of Canadian First Nations communities.

    As previously reported, three Northwestern Ontario First Nations groups, AurCrest and carbon offset developer Blue Source, will work together to assess the potential of forests to capture and sequester carbon dioxide (CO2) within the First Nation's traditional territory for the development of Greenhouse Gas offsets.

    AurCrest, a mineral exploration company focused on the acquisition, exploration, and development of gold properties, holds a portfolio of properties in Ontario, which include the Richardson Lake and Bridget Lake gold properties. (Source: AurCrest Gold Inc., PR, 19 Aug., 2019) Contact: AurCrest Gold Inc. Christopher Angeconeb , CEO, (807) 737-5353, christopherangeconeb@gmail.com; Blue Source, (403) 262-3026, www.bluesource.com

    More Low-Carbon Energy News AurCrest Gold,  Blue Source,  Carbon Sequestration,  Carbon Offset,  


    Vietnam Cement Producers Prepare for Carbon Tax Pilot (Int'l.)
    Carbon Tax
    Date: 2019-08-09
    In Hanoi, the Vietnam Ministry of Agriculture and Rural Development is reporting the planned 2020 launch of a one-year carbon tax pilot program that will affect 11 cement and 9 power production plants across the country.

    Under the scheme, cement producers and traders will be charged US$0.09/t of clinker, equivalent to US1.35/t of CO2. The tax is lower than the World Bank's Forest Carbon Partnership Facility pledge to pay for emission reduction efforts in North Central Region of US$5/t of CO2. The provinces running the tariff are expected to generate around US$7.4 million per year. (Source: Vietnam News Agency Bulletin, Global Cement News, 4 Aug., 2019)

    More Low-Carbon Energy News Cement,  Carbon Tax,  


    Ghana, World Bank Deal to Cut Deforestation, CO2 Emissions (Int'l)
    World Bank
    Date: 2019-07-15
    In Accra, the World Bank (WB) has announced an agreement with the Ghana Forestry Commission to address the role of deforestation and forest degradation on climate change. Under the agreement, the World Bank five-year Emission Reductions Payment Agreement (ERPA) will reward community efforts to reduce carbon emissions from deforestation and forest degradation. Ghana is the third country to initiate the deal.

    The Emission Reductions Payment Agreement (ERPA) with the Forest Carbon Partnership Facility (FCPF) carbon fund, is administered by the World Bank and unlocks unlocks performance-based payments of up to $50 million for carbon emission reductions from the forest and land use sectors.

    Under the ERPA, the FCPF carbon fund commits to making initial results-based payments for reductions of 10 million tonnes of CO2 emissions. The agreement also specifies on carbon emission baselines, price per ton of avoided CO2 emissions, and a benefit-sharing mechanism. Ghana's emission reductions programme area covers 1.2 million hectares of forest reserves and national parks.

    In Ghana, forest degradation and deforestation are driven primarily by cocoa farm expansion, coupled with logging and a recent increase in illegal mining. (Source: World Bank, Ghana News Agency, 10 July, 2019) Contact: Ghana Forestry Commission, Kwadwo Owusu Afriyie, CEO, +233 30 240 1210, www.fcghana.org; World Bank Group, www.worldbank.org

    More Low-Carbon Energy News World Bank,  Climate Change,  Carbon Emissions,  Deforestation,  


    Finns Advised to Cut Logging to Preserve Carbon Sink (Int'l)
    Finland Natural Resources Institute
    Date: 2019-06-12
    In Helsinki, Finland's Natural Resources Institute (Luke)reports it has revised its benchmark assessment of target carbon sink levels and now says Finland will need to raise its carbon sink sequestration numbers by another 10 percent -- lowering forest logging volumes by another 1-2 million cubic metres for a ceiling of 81-82 million cubic metres for the 2012-2025 period. Luke says its previous calculation amounted to 3 million tonnes of CO2.

    The EU has also committed to reducing its GHG emissions by at least 40 pctt by 2030, compared to 1990 levels. EU directives require that logging activities relative to the tree population remain unchanged and EC has accordingly asked Finland to specify future logging amounts and assess whether its current calculations for wood use are appropriate in light of alarming rises in GHG emissions. (Source: Finland Natural Resources Institute, Barents Observer, YLE News, 11 June, 2019) Contact: Finland Natural Resources Institute, Prof. Aleksi Lehtonen, +358 29 532 6000, www.luke.fi/en

    More Low-Carbon Energy News Carbon Emissions,  Forest Carbon Sink,  


    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,  


    Ottawa Supports BC's Forest Carbon Initiative (Funding)
    Climate Change
    Date: 2019-04-22
    In Ottawa, the Gov. of Canada Office of the Minister of Environment and Climate Change, the Hon. Catherine McKenna, reports the feds are contributing $140 million in federal support for the province of British Columbia's Forest Carbon Initiative PLUS $10 million i for the new Organics Infrastructure Program to fight climate change.

    The Forest Carbon Initiative aims to reforest areas lost to forest fires across British Columbia and implement best practices that support healthy, resilient, and productive forests. The program will reduce emissions and sequester carbon by diverting organic material from landfills. The total investment between 2017-2018 and 2018 -- 2019 was approximately $50 million, and planned investment for 2019 -- 2020 is almost $70 million.

    The Organics Infrastructure Program will help the province achieve its target of reducing municipal-solid-waste disposal to 350 kg per capita by reducing organic waste that goes to landfills. (Source: Environment and Climate Change Canad, PR, 18 April, 2019) Contact: Sabrina Kim, Press Secretary, Office of the Minister of Environment and Climate Change, (819) 743-7138, sabrina.kim2@canada.ca, www.ec.gc.ca

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


    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,  


    Natural Forests Best for Fighting Climate Change (Ind. Report)
    University of Edinburgh
    Date: 2019-04-10
    In the UK, researchers at the University of Edinburgh and University College London have found that natural forests store more carbon for longer periods compared to plantations and agroforestry. The researchers found the carbon sequestration potential of natural forests is 40 times greater than that of plantations, reforestation and re-greening efforts and the cultivation of commercial crops.

    In reaching their conclusions, the researchers examined commitments made by 43 countries in tropical and subtropical regions, where trees grow faster and thus hold greater promise of removing atmospheric carbon.

    These countries have pledged as of October 2017 to restore a combined 2.92 million square kilometers (1.13 million square miles) of degraded and deforested land -- an area almost twice the size of Alaska. Some of these are national commitments, while others were made under the Bonn Challenge launched in 2011 by the German government and the International Union for Conservation of Nature (IUCN). The latter initiative aims to restore 3.5 million square kilometers (1.35 million square miles) of degraded and deforested land by 2030 -- greater than the land mass of India.

    The researcher's analysis found that at present, 45 pct of the commitments made by the 43 countries involve planting commercially profitable trees. Many of these plantations are expected to occur in countries like Brazil, China, Indonesia, Nigeria and the Democratic Republic of Congo. In China, 98.8 pct of the area to be restored will host plantations. In Brazil, it's just over 80 pct of the targeted restoration area, with well under 1 pct for natural forests. (Source: University of Edinburgh, Mongabay, April, 2019) Contact: University of Edinburgh, /www.ed.ac.uk

    More Low-Carbon Energy News University of Edinburgh,  Carbon Sequestration,  Forest Carbon Sink,  Reforestation,  


    B.C. Hidden Forest Carbon Emissions Questioned (Report Attached)
    Sierra Club
    Date: 2019-02-13
    On the Canadian West Coast, the Sierra Club B.C. is urging the province to measure and reduce "uncounted forest emissions" which, in BC, represent a major hole in the province's climate plan and show the need for a provincial forest emissions-reduction strategy.

    According to the attached Sierra Club BC report, climate-warming carbon emissions released from B.C. forests in both 2017 and 2018 were more than three times higher than emissions from all other sources combined in 2016 when the province pegged its carbon footprint from non-forestry sources at 61.3 million tpy.

    The report notes that forests can act as either a "carbon sink" that absorbs excess greenhouse gases in the atmosphere, or a source of carbon emissions if it releases more carbon than it absorbs, as occasioned by the recent major forest fires.

    The Sierra Club is calling on the province to produce an annual report measuring emissions from forests and to take steps to reduce forest carbon emissions, including banning slash burning, protecting old-growth forests and ramping up B.C.'s FireSmart program, which outlines best practices for reducing wildfire risk to properties in vulnerable communities.

    In January, the B.C. government introduced the Clean B.C. plan to cut GHG emissions by 40 pct by 2030, 60 pct by 2040 and 80 pct by 2050. The plan redirects revenue from the provincial carbon tax into incentives like rebates for the province's biggest industries to move to cleaner operations.

    Download the Sierra Club Hidden, Ignored and Growing:B.C.'s Forest Carbon Emissions report HERE. (Source: Sierra Club BC, CBC, Feb., 2019) Contact: Sierra Club BC, (250) 386-5255, info@sierraclub.bc.ca, www.sierraclub.bc.ca

    More Low-Carbon Energy News Sierra Club ,  Forest Carbon,  Carbon Sink,  


    Finland Recalculates Forest Carbon Sink Capacity (Int'l Report)
    Carbon Sink
    Date: 2018-12-14
    In Helsinki, the Finnish Natural Resources Institute is reporting Finland could safely consume over 80 million cubic meters of its forest wood annually without disturbing the forest's carbon storage capacity.

    The Institute notes that earlier assessments of the size of the country's forest carbon sink had been underestimated and did not take the faster growth rate of forests under the influence of global warming and a warmer climate. The Institute added that even though the Finnish carbon sink will shrink because of wood usage, it would not be reduced to a critical level any time before 2050. The current level of forest use is roughly 70 million cubic meters annually. The government has aimed at an increase up to 80 million.

    The Institute study was in compliance with EU land usage decree requirements that members inform the EC by the end of 2018 about estimated carbon sink levels of their forests in 2021-2025. They will then be analyzed by experts from the EU and members. The EU Commission will define the final values in 2020. (Source: Finnish Natural Resources Institute , Xinhua, 12 Dec., 2018) Contact: Finnish Natural Resources Institute, +358 29 532 6000, www.luke.fi/en

    More Low-Carbon Energy News Carbon Sink,  CO2,  Carbon Dioxide,  Carbon Emissions,  Forest Carbon,  


    Riparian Forest Carbon Storage Potential Explored (Ind. Report)
    Point Blue Conservation Science
    Date: 2018-11-14
    New Research from Petaluma, California-based Point Blue Conservation Science and Santa Clara University has concluded that riparian ecosystems and stream-side forests store "significant amounts of carbon." Accordingly, the report notes the the restoration of degraded forests is a critical strategy for addressing global climate change.

    The research, led by Dr. Kristen Dybala, found that the average amount of carbon stored in mature streamside forest rivals the highest estimates for tropical or boreal forests. The average values for mature streamside forests range from 168 to 390 tons of carbon per acre in the trees alone.

    Researchers also found that, on average, soil carbon can be expected to more than triple when converting from an un-forested site to a mature stream-side forest. With trees, it can take 40-90 years for these changes to come into full effect, and more than 115 years for soil carbon.

    The report notes new tools and funding sources are emerging to help plan for and implement effective stream-side forest restorations. Countries around the world have pledged to restore degraded forests under the Bonn Challenge, a global commitment to restore forests as a climate mitigation strategy.

    "Point Blue advances conservation of birds, other wildlife, and ecosystems through science, partnerships, and outreach. Our highest priority is to reduce the impacts of habitat loss, climate change, and other environmental threats while promoting nature-based solutions for wildlife and people, on land and at sea," according the the Point Blue website. (Source: Point Blue Conservation Science, Public Release, Nov., 2018) Contact: Point Blue Conservation Science, pointblue@pointblue.org, www.pointblue.org

    More Low-Carbon Energy News Carbon Storage,  Climate Change,  CO2 Emissions,  Point Blue Conservation Science,  


    Protecting Tropical Forest Carbon Stocks, Environmental Diversity (Ind. Report)

    Date: 2018-07-23
    In the UK, an international research study led by Lancaster University's Environment Centre (UK) and The Brazilian Agricultural Research Corporation (EMBRAPA) has found that in tropical forests, up to 77 pct of species that would have been protected through biodiversity conservation were not protected through measures focused solely on protecting carbon stocks.

    Tropical forests store more than a third of the world's land carbon and are the world's most biodiverse ecosystems, harbouring more than two-thirds of Earth's land species, but the implications for biodiversity of investments focused only on protecting carbon stocks have until now remained unclear.

    In a scientific first, the researchers assessed carbon and biodiversity levels in forests spanning the range of human impacts, from those minimally disturbed to those recovering after complete clearance of vegetation. The researchers found that more carbon meant more biodiversity in severely damaged forests, as anticipated. Contrary to expectations, however, where human impacts were less intense, increasing amounts of carbon did not come with more species. While promising remote sensing tools are being developed to measure forest carbon, increasing biodiversity protection through carbon investments is only possible with extensive field monitoring. Yet, in Brazil, progress in this area is sorely lacking, the report notes.

    Co-author Professor Jos Barlow from Lancaster University explained: "Biodiversity and climate change are inextricably linked in tropical forests. A warming climate and changing rainfall patterns will lead to the extinction of many tropical species, while it is within tropical biodiversity itself that forest carbon resides. Species-poor forests will eventually become carbon-poor. Therefore, tackling the climate crisis requires that both tropical forest carbon and tropical forest species are protected together." (Source: Lancaster Univ., Nature Climate Change, AAAS, 16 July, 2018) Contact: Lancaster University, Dr. Gareth Lennox, www.lancaster.ac.uk/lec/about-us/people/gareth-lennox

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


    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,  


    Urban Forest, Tropical Rainforest Carbon Storage Capacity Nearly Equal (Ind. Report)
    Carbon Storage
    Date: 2018-06-27
    In the UK, a new University College London (UCL) study published in Carbon Balance and Management used publicly-available airborne LiDAR data collected by the UK Environment Agency, combined with ground-based LiDAR measurements, to generate a map of carbon stored in an estimated 85,000 trees across the London Borough of Camden. The study found that urban areas store up to 178 tonnes of carbon per ha, in comparison to the median value for tropical rainforests of 190 tonnes of carbon per ha.

    According to Treeconomics the services provided by urban trees in Greater London are estimated to be worth £133 million per annum. The carbon storage capacity of urban trees alone is valued to be worth £4.8 million per annum in Greater London, or £17.80 per tree.

    The research study was funded by the Natural Environment Research Council, in part through the National Centre for Earth Observation (NCEO). (Source: University College London, earth.com, 25 June, 2018) Contact: University College London, Natasha Downes, +44 (0)20 3108 3844, n.downes @ucl.ac.uk, www.ucl.ac.uk said lead author on the study, Dr Phil Wilkes (UCL Geography). UCL Geography LiDAR research group.

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


    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,  


    Trump Dumps NASA Carbon Monitoring System (Ind. Report)
    Carbon Monitoring System,NASA
    Date: 2018-05-11
    The Trump Administration has pulled the plug on the NASA administered Carbon Monitoring System (CMS) which tracked the flow of Earth's carbon -- an important aspect of the climate change fight. The Trump Administration's decision to end the CMS is inline with previous policy on climate change.

    Since 2010, the CMS has used its paltry $10 million per year budget to focus on forests and the carbon that they contain. One such project, in collaboration with NASA and the US Forestry Service, created an aircraft-based laser imaging device to quantify forest carbon stocks. The CMS also supported other countries in their efforts to preserve and study their forest stocks, particularly in tropical locations. (Source: ScienceAlert, Inhabitat, 10 May, 2018)

    More Low-Carbon Energy News Carbon Monitoring System,  NASA,  Carbon Emissions,  Trump,  


    Philippines Developer Touts Forest Carbon-Emission Offsetting Initiative (Int'l Report)
    www.ayalaland.com.ph
    Date: 2018-03-19
    In the Philippines, real estate giant Ayala Land Inc. and Center for Conservation Innovations Inc. report they are conducting carbon emission-offsetting forest preservation and reforestation program entitled Carbon Neutral by 2022. The program is aimed at maximizing the carbon storage potential of a 133-hectare forest in Alaminos, Laguna, to help abate the impacts of climate change.

    In January, 2018, the company set aside 450 hectares of land to develop carbon-guzzling forests in line with its other low-carbon targets, including increased reliance on renewable energy, green building practices and increased energy efficiency. Ayala Land Inc. generates produces about 68,000 tpy of CO2, according to the company. tons of carbon dioxide a year.

    The Center for Conservation Innovations Inc. will study five sites in different parts of the Philippines to determine a baseline carbon stock in the carbon-forest sites, three of which are within or adjacent to existing Alaya Land development projects. (Source: Alaya Land Inc., Business Mirror, 18 Mar., 2018)Contact: Center for Conservation Innovations, www.conservation-innovations.org; Ayala Land Inc., Anna Maria Gonzales, Sustainability Manager, www.ayalaland.com.ph

    More Low-Carbon Energy News Carbon Offsetting,  Carbon Storage,  Carbon Enissions,  


    Bhutan REDD+ Project to Fight Climate Change Scores $4.8Mn (Int'l)
    World Bank,REDD+
    Date: 2018-02-12
    The World Bank reports it has granted $4.8 million to support Bhutan's efforts to reduce greenhouse gas emissions through strengthening the country's forests under the Bhutan REDD+ Readiness Project.

    The Reducing Emissions from Deforestation and Forest Degradation, and Conservation, Sustainable Management of Forest and Enhancement of Forest Carbon Stocks (REDD+) is a mitigation mechanism to combat climate change. The international programme operates under the principles of reducing emissions from deforestation and forest degradation, and enhancing carbon sequestration through improved forest protection and management.

    The REDD+ Readiness programme was established in Bhutan in 2010. In 2013, the Forest Carbon Partnership Facility of the World Bank approved the REDD+ Readiness Preparation Proposal (R-PP) and the project was implemented from 2015 with $3.8 million in World Bank grant funding. In the three years, the project completed the National Forest Inventory, established heritage forests, land use and land cover mapping 2016, revised forest and nature conservation rules and regulations of 2017, build capacity for forest management, and institutionalized national forest monitoring system and forest reference emission level including the forest resource information management system. (Source: Kuensel, World Bank, 12 Feb., 2018)

    More Low-Carbon Energy News REDD+,  World Bank,  Reforestation,  Deforestation,  Climate Change,  


    Appalachian State Offers Offsets for Future Forest Stewardship Workshop (Ind. Report)
    Appalachian State University
    Date: 2018-02-05
    Researchers from Boone, North Carolina-based Appalachian State University faculty are reporting receipt of Clabough Foundation funding to develop the OFFSET -- Offsets for Future Forest Stewardship and Education Together -- Workshop for forest managers landowners in the High Country and Blue Ridge Mountains area.

    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, http://earth.appstate.edu, http://rieee.appstate.edu


    SEAL Awards Announces Carbon Research Grants (R&D, Funding)
    SEAL Awards
    Date: 2017-12-20
    The SEAL (Sustainability, Environmental Achievement & Leadership) Awards is reporting the opening of its 2018 Environmental Research Grant program. In 2017 SEAL awarded grants to 8 researchers studying forest carbon offsets, carbon capture through salt marshes, corporate greenhouse gases, the politics of environmental policy, and the public health impacts of climate change. Institutions represented included Harvard, Marine Conservation Institute, MIT, and UCLA.

    The SEAL Awards launched in 2017 is an awards-driven environmental advocacy organization that believes environmental progress requires leadership, leadership deserves recognition, and recognition is a form of accountability,

    SEAL Awards information and grant applications are HERE. (Source: Seal Awards, PR, 19 Dec., 2017) Contact: Seal Awards, Matt Hamey, Founder, (619) 878-9015, wwwsealawards.com

    More Low-Carbon Energy News Carbon Emissions ,  Forest Carbon,  CCS,  


    EU, MEPs Agree on Forest Sector 2030 Carbon Emission Target (Int'l)
    EU,CO2,Carbon Dioxide
    Date: 2017-12-18
    In Brussels, EU member states report they have come to a preliminary agreement with the European Parliament (EP) on the land use, land-use change and forestry (LULUCF) regulation agreeing to set a "zero target" for emissions from this sector. The agreement provides EU-wide accounting rules for LULUCF activities for the 2021-2030 period.

    Along with transport, agriculture, buildings and waste -- which are not covered by the EU's Emission Trading Scheme (EU ETS) -- the LULUCF sector is required to contribute a 30 pct emissions cut by 2030 compared to 2005 levels, as part of the EU-wide commitment to cut overall emissions by 40 pct by 2030.

    The 2000-2009 period has been set as the reference point for comparing carbon emissions, after MEPs had arbitrarily set this to 2009-2012 under pressure from Sweden, Finnland and other countries with large forestry sectors.

    The lack of linkage between the European accounting from LULUCF and other continents' methods of forest management means that under the current proposal for the post 2020 Renewable Energy Directive, the EU counts burning biomass (pellets and wood) as renewable energy but does not take into account the net increase in emission if this wood is imported. (Source: EURACTV, 14 Dec., 2017)

    More Low-Carbon Energy News EU ETS,  EU,  Carbon Sink,  Forest Carbon,  CO2,  Deforestation,  Reforestaion,  


    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,  


    "Seeing REDD: Why The European Union Needs to Embrace Forest Carbon Finance" -- Report Attached (Ind. Report)
    REDD,Forest Carbon
    Date: 2017-11-29
    "A new report on forest finance has found that conserving and restoring tropical forests could deliver up to 30 pct of the carbon savings necessary to keep the average global temperature rise to 1.5 degrees C -- but as the report shows, only about 1 pct of international development funding for climate mitigation is directed towards this.

    "Worse, finance for sustainable forestry and agriculture aligned with climate goals -- approximately $20 billion since 2010 -- is dwarfed by the $777 billion pumped into the sectors that drive deforestation.

    " For many developing countries, forest conservation represents the main contribution they can make to the global climate effort. While all tropical forest countries have committed to reduce forest emissions as part of their national climate plans, many have pledged further reductions on the condition that they receive international support. And more than 50 developing countries have been running programmes to prepare the ground for REDD+, including establishing social and environmental safeguards and forest monitoring systems that will enable them to access payments for verified carbon savings."

    Download the Progress on the New York Declaration on Forests report HERE. (Source: Climate Focus, New York Declaration on Forest Assessment Partners, Climate and Land Use Alliance, Ecosystem Marketplace, Nov., 2017)

    More Low-Carbon Energy News REDD,  Deforestation,  Carbon Sink,  Forest Carbon,  


    Vietnam Aims to Increase Forest Carbon Storage (Int'l)
    VietNam,Carbon Emissions
    Date: 2017-10-06
    VietNamNet Bridge reports the Vietnamese government is launching a project aimed at cutting emissions from deforestation and increasing forest CO2 absorption. The project will be implemented in the six provinces where forest coverage accounts for 57 pct or 2.9 million hectares, of the country's total forest area.

    The global Forest Carbon Partnership Facility and World Bank have committed to pay Viet Nam $60 million for the absorption of 10.3 million tonnes of CO2 from 2018 to 2024.

    This project is the first regional-level project implemented by the Reducing Emissions from Deforestation and Forest Degradation (REDD+) programme in Viet Nam. Cities discharge 70 pct of Vietnam's CO2. (Source: Vietnam Bridge Vietnam Net, Others, Oct., 2017)

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


    Solifor Perthuis Reports Forest Carbon Credits Sale (Ind. Report)
    Carbonzero,Enviro EcoCredit
    Date: 2017-09-22
    In Quebec City, Solifor Perthuis, a partrnership initiative of the Fonds de solidarite FTQ and Scierie Dion & Fils, is reporting the sale of 140,000 tonnes of voluntary carbon credits to Just Energy and TD Bank Group. The transaction was handled by Canadian voluntary carbon credit trader Enviro EcoCredit and Carbonzero and is the largest transaction in Quebec involving forest carbon capture.

    The Solifor Perthuis project generated 140,000 tonnes of CO2 reductions by establishing plantation forests dedicated to carbon sequestration. A portion of the proceeds from the sale of the carbon credits will be donated to Laval University. (Source: Fonds de solidarite FTQ, PR, 19 Sept., 2017) Contact: CarbonZero, Dan Fraleigh, CEO, www.carbonzero.ca; Fonds de solidarite FTQ, (514) 850-4835, pmcquilken@fondsftq.com

    More Low-Carbon Energy News Enviro EcoCredit,  Carbonzero,  Carbon Credits,  


    BlueSource, Haliburton Forest Tout GHG Partnership (Ind Report)
    Bluesource Canada
    Date: 2017-09-18
    In Ontario, the 100,000-acre Haliburton Forest and Wildlife Reserve reports it has partnered with GHG carbon offsets developer Bluesource Canada to leverage the value generated by the Ontario carbon market to commit to long-term stewardship that maximizes CO2 emissions sequestered by the forest.

    The privately-owned Haliburton Forest, which has pledged to undertake sustainable forest management practices that will generate 75,000 tpy of additional GHG reductions over the long-term, currently sequesters an estimated 8 million tpy of CO2 and will continue to sequester amounts that significantly exceed what would have occurred through common-practice forest management.

    The long-term commitment to reducing GHG emissions will be made in the context of a GHG offset protocol being developed by the Ontario Government as part of the cap-and-trade program. The impending forest management protocol will create binding obligations on Haliburton Forest that provide the security that the GHG reductions will be permanent. (Source: BlueSource Canada, 15 Sept., 2017) Contact: BlueSource Canada, Jamie MacKinnon, VP of Environmental Solutions, (416) 427- 4888, info@bluesource.com, www.bluesource.com; Haliburton Forest, Malcolm Cockwell, Managing Director, www.haliburtonforest.com

    More Low-Carbon Energy News Ontario Carbon Market,  Carbon Sequestration,  Ontario Cap-and-Trade,  Bluesource,  Forest Carbon,  Carbon Sequestration,  


    Forest Carbon "Sinks" Added to EU 2030 Carbon Budget (Int'l Report)
    EU
    Date: 2017-09-15
    In Brussels, European Union Parliamentarians (MEPs) report their approval of new rules for accounting for the "negative emissions" from forestry as part of the EU's 2030 climate change policy.

    The EU has a target to cut emissions by 40 pct by 2030 compared to 1990 levels, and forests acting as "carbon sinks" removing more than 400 Mt CO2 from the atmosphere annually -- equivalent to 10 pct of the EU's total greenhouse gas emissions -- is part of the EU's meeting its carbon reduction targets.

    The European Commission's initial proposal for a regulation on land use, land use change and forestry (LULUCF) introduced a "no-debit" or zero target whereby EU countries must offset all deforestation either by equivalent reforestation or improved forest management and thus have a neutral impact on climate change. The Commission proposal also required all 28 EU states to account for the emissions produced from burning biofuels, which was not the case previously.

    The MEPs have also adopted a mandatory 2000 -2012 historical baseline obliging EU countries to count all emissions coming from changes in forest management in subsequent years. This means that if a country increased its harvesting levels, the reduction in "carbon sink" capacity would be accounted as a net increase in emissions. The MEPs also raised the upper limit for forest credits that EU countries can use to offset emissions in other types of land (wetlands, for example) from 3,5 pct to 7 pct of the total current sink capacity of forests. (Source: European Commission, EURACTIV.com, Various Others 14 Sept., 2017) Contact: European Commission, ec.europa.eu/commission

    More Low-Carbon Energy News European Commission,  Carbon Sink,  Forest Carbon,  CO2,  Carbon Emissions,  


    Veridium Lab Launching $150Mn Environmental Market Carbon Credit Offering (Int'l Report)
    Veridium Labs
    Date: 2017-08-30
    In Hong Kong, environmental technology startup Veridium Labs reports it aims to raise $150 million in October through the sale of tokens backed by forest Carbon Offset Credits (Carbon Credits) and other credits used to fund environmental mitigation efforts. Proceeds will be used to build a platform to enable trading of assets backed by "natural capital" -- air, water, forests, and minerals -- an untapped and undervalued asset class that academics from several U.S. universities have estimated is worth more than $120 trillion.

    Veridium will issue two types of tokens. VERIDIUM membership tokens will grant access to the trading platform while TGR tokens represent actual environmental mitigation credits. Some companies purchase the credits voluntarily while other credits, such as wetland or stream credits, are required by the U.S. EPA and other regulators. Pension funds and investment firms are the major drivers of environmental mitigation credits, as they try to ensure the companies they invest in are socially responsible, according to Veridium.

    There will be 15 million "TGR" tokens at the initial offering, backed by REDD+ forest carbon offset credits issued by Infinite Earth and backed by natural assets from the Rimba Raya Biodiversity Reserve in Borneo, Indonesia. Infinite Earth currently holds a 60-year lease on the Indonesian biodiversity reserve.

    Veridium Labs Ltd., a joint-venture between ConsenSys AG and EnVision Corporation, is an Environmental FinTech company offering a real-world application of blockchain technology that uses the cryptographic environmental mitigation offsets issued through the Veridium Network to create an entirely new asset class of commodities with net positive environmental impacts. Veridium Labs is responsible for creating enterprise solutions for corporations that will drive demand for the tokenized natural capital assets issued on the blockchain through the Veridium Network. The company is currently working on climate change risk mitigation products for institutional portfolio management companies, pension funds and endowments as well as creating sustainable supply chain solutions for Fortune 100 & 500 companies. (Source: Veridium Labs, NYTimes, Others, 28 Aug., 2017) Contact: Veridium Labs, Todd Lemons, CEO, +852-5808-0007, (980) 202-0297, www.veridium.io

    More Low-Carbon Energy News Carbon Credit,  Carbon Offset Credits ,  REDD+,  Reforestation,  


    Hawaii Seeks Operator for Reforestation Carbon Credits (Ind. Report)
    Hawaii Division of Forestry and Wildlife
    Date: 2017-08-11
    The Hawaii Division of Forestry and Wildlife has issued an RfP for an operator to sell carbon offset credits for reforestation and recovery of its planned Puu Mali Forest Carbon Project on Mauna Kea .

    The Puu Mali Forest Carbon Project calls for the planting of native trees and watershed land restoration. The improvements will be paid for through the sale of carbon offset credits, with one such credit typically certifying the storage of one metric ton of the greenhouse gas carbon dioxide in plants and other organic material. (Source: Hawaii Division of Forestry and Wildlife, Honolulu Star, AP, Aug., 2017) Contact: Puu Mali Forest Carbon Project, (808) 587-0166, dlnr@hawaii.gov,http://dlnr.hawaii.gov/forestry/frs/initiatives/forestcarbon/pmra/

    More Low-Carbon Energy News Carbon Credit,  Reforestation,  


    Evaluating BC Forest Climate Change Mitigation Options -- Report Attached (Ind. Report)
    Pacific Institute for Climate Solutions,
    Date: 2017-06-05
    Forests play an important role in regulating climate. Changes in how forests and harvested wood products are managed can also offer substantial opportunities to mitigate climate change by reducing greenhouse gases (GHG) emissions or increasing carbon removals from the atmosphere.

    To evaluate the credibility and public acceptability of such forest carbon management alternatives, a British Columbia-wide engagement process is being carried out to identify the broad objectives that should underpin the province's future forest carbon management strategies, and to seek input on the options presented. This initiative is part of the Forest Carbon Management Project supported by the Pacific Institute for Climate Solutions (PICS) that aims to generate recommendations for regionally specific climate change mitigation activities for BC's forest sector, while maximizing the environmental, economic and social benefits for British Columbians.

    The analyses conducted thus far demonstrate that several of the potential mitigation activities in the forest sector can make a substantial contribution to BC's legislated greenhouse gas (GHG) emission reduction targets. The document does not rank alternatives, nor does it recommend any course of action. Instead its purpose is to explain and depict the potential climate mitigation and socioeconomic impacts of various management approaches and other considerations.

    Access the report HERE. (Source: Pacific Institute for Climate Solutions, May, 2017) Contact: Pacific Institute for Climate Solutions, (250) 813-3595, pics@pics.uvic.ca, www.pics.uvic.ca

    More Low-Carbon Energy News Pacific Institute for Climate Solutions,  GHG,  Forest Carbon,  Carbon Storage,  


    Potential Decline in Carbon Carrying Capacity Under Projected Climate-Wildfire Interactions in the Sierra Nevada -- Report Attached (Ind. Report)
    University of New Mexico, Carbon Storage
    Date: 2017-05-29
    Potential Decline in Carbon Carrying Capacity Under Projected Climate-Wildfire Interactions in the Sierra Nevada, just released study from a multi-university team of biologists shows what could be a startling drop in the amount of carbon stored in the Sierra Nevada mountains due to projected climate change and wildfire events.

    According to University of New Mexico Assistant Professor Matthew Hurteau and report co-author, roughly half of all human-emitted carbon is absorbed by vegetation and the ocean, and is stored through natural processes -- something that helps limit our actual carbon impact on the atmosphere. But, as forests begin to change due to global warming and large scale fires, the amount of forest carbon uptake will decrease, accelerating the amount of man-made carbon making its way into the atmosphere.

    Because California is experiencing warmer and dryer conditions due to global warming, certain tree species are not able to flourish across particular geographic regions like they once were. Less tree growth, means less carbon uptake in forests.

    The study also shows that wildfires will play a big role in the reduction of stored carbon. And while many of these incidents will occur naturally, Hurteau says we are, in part, to blame for their significance. Hurteau adds that researchers have identified strategies for reducing some of the fire risk by actively thinning forests to manage tree density and restoring surface fires.

    Download the Potential Decline in Carbon Carrying Capacity Under Projected Climate-Wildfire Interactions in the Sierra Nevada report HERE. (Source: University of New Mexico, PR, Scientific Reports, 25 May, 2017) Contact: Univ. of New Mexico, Prof. Mathew Hurteau, (505) 277-0863, mhurteau@unm.edu, www.hurteaulab.org/the-team.htm

    More Low-Carbon Energy News Carbon Storage,  Carbon Emissions,  Carbon Capture,  Deforestation,  

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