Climate change policy

LUMICKS Continues Efforts to Offset CO2 Emissions Generated by Global Travel by Planting Trees on Former Farmland

Wednesday, June 16, 2021 - 3:00pm

To combat the unavoidable emissions their travel generated, the company sponsored the planting of 5,500 trees on former farmland.

Key Points: 
  • To combat the unavoidable emissions their travel generated, the company sponsored the planting of 5,500 trees on former farmland.
  • Over the next 30 years, those trees are expected to capture 1-1.5 times the CO2 emissions of the company's 2019 travel.
  • "The trees planted to date are helping to compensate for emissions resulting from our 2019 travel," said LUMICKS Sales and Marketing Director Willem Peutz.
  • In addition to this project, LUMICKS previously collaborated with Trees for All to offset its carbon emissions in 2018 from flying.

LUMICKS Continues Efforts to Offset CO2 Emissions Generated by Global Travel by Planting Trees on Former Farmland

Wednesday, June 16, 2021 - 3:00pm

To combat the unavoidable emissions their travel generated, the company sponsored the planting of 5,500 trees on former farmland.

Key Points: 
  • To combat the unavoidable emissions their travel generated, the company sponsored the planting of 5,500 trees on former farmland.
  • Over the next 30 years, those trees are expected to capture 1-1.5 times the CO2 emissions of the company's 2019 travel.
  • "The trees planted to date are helping to compensate for emissions resulting from our 2019 travel," said LUMICKS Sales and Marketing Director Willem Peutz.
  • In addition to this project, LUMICKS previously collaborated with Trees for All to offset its carbon emissions in 2018 from flying.

IFC and The Rockefeller Foundation partner to advance distributed renewable energy solutions in emerging markets

Wednesday, June 16, 2021 - 7:22am

By blending philanthropic and private investment funding, the Rockefeller Foundation and IFC will de-risk capital investment in distributed renewable projects in emerging markets and help to address global energy access needs.

Key Points: 
  • By blending philanthropic and private investment funding, the Rockefeller Foundation and IFC will de-risk capital investment in distributed renewable projects in emerging markets and help to address global energy access needs.
  • An initial "rapid deployment" phase will distribute $30 million in blended concessional finance and grant capital to leverage an active pipeline of distributed renewable energy projects developed by IFC.
  • The funding will go toward IFC's prototype scaling mini-grid program in addition to distributed renewable energy generation, battery energy storage, and other innovative clean energy technologies to facilitate access.
  • Through its energy practice, IFC supports the growth of wind and solar energy, deployment of offshore wind, battery storage, distributed generation, electric vehicles, and green shipping in emerging markets, among other technologies.

Highlights - Structured dialogue with Commissioner Paolo Gentiloni - Committee on Economic and Monetary Affairs

Tuesday, June 15, 2021 - 8:04pm

On Monday 21st June, 14:45-15:45, the Members of the ECON Committee will hold a structured dialogue with Commissioner Paolo Gentiloni in order to discuss the next coming Commission work programme in the tax area, in particular the proposals on a Carbon Border Adjustment Mechanism, an EU digital levy and the review of the Energy Tax Directive.

Key Points: 

On Monday 21st June, 14:45-15:45, the Members of the ECON Committee will hold a structured dialogue with Commissioner Paolo Gentiloni in order to discuss the next coming Commission work programme in the tax area, in particular the proposals on a Carbon Border Adjustment Mechanism, an EU digital levy and the review of the Energy Tax Directive.

Ozop Energy OZSC Signs Agreement with Clean Peak Energy

Tuesday, June 15, 2021 - 5:49pm

WARWICK, NY, June 15, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions ( OZSC ), (Ozop or the Company), has announced its wholly owned subsidiary Ozop Energy Systems, Inc. has entered into an agreement with Clean Peak Energy Group, LLC (CPE https://cleanpeakenergy.us/ ), a Stamford, CT-based company that focuses on using a buildings existing thermal mass and air conditioning systems to create energy storage and reduce building related CO2 emissions.

Key Points: 
  • WARWICK, NY, June 15, 2021 (GLOBE NEWSWIRE) -- Ozop Energy Solutions ( OZSC ), (Ozop or the Company), has announced its wholly owned subsidiary Ozop Energy Systems, Inc. has entered into an agreement with Clean Peak Energy Group, LLC (CPE https://cleanpeakenergy.us/ ), a Stamford, CT-based company that focuses on using a buildings existing thermal mass and air conditioning systems to create energy storage and reduce building related CO2 emissions.
  • The agreement includes a profit-sharing structure generated from projects, referred by Ozop, that adopt CPE solutions.
  • Through CPEs advanced energy storage technology, facilities can save on energy costs with zero capital construction cost.
  • We are pleased to participate with Ozop Energy Systems to offer their customers and companies access to CPEs advanced energy storage and management technology and customer electricity supply programs, said Ed Levene, Clean Peak Energy Group, LLC CEO.

Energea partners with Victory Hill who invests $63 million to develop Brazilian solar energy projects

Tuesday, June 15, 2021 - 2:48pm

GSEO, a $340 million London-listed investment trust which launched in February 2021, will deploy capital into select remote distributed power generation projects in Brazil.

Key Points: 
  • GSEO, a $340 million London-listed investment trust which launched in February 2021, will deploy capital into select remote distributed power generation projects in Brazil.
  • The projects will aim to expand community access to cleaner and cheaper forms of renewable energy.
  • It has a dual effect of improving secure, localised access to clean energy and helping to lower energy prices.
  • Over the last 15 years, Energea's experienced team has managed more than a billion dollars of solar energy projects.

Romeo Power Announces Rebranding, Reinforcing Investment in Innovation and Commitment to Long-Term Vision

Tuesday, June 15, 2021 - 12:00pm

The rebrand reflects the companys deep commitment to a sustainable future, driven by customer success, continued investment in innovation and expanding access to green energy solutions.

Key Points: 
  • The rebrand reflects the companys deep commitment to a sustainable future, driven by customer success, continued investment in innovation and expanding access to green energy solutions.
  • Our mission is to power the worlds transition to electrification, said Lionel Selwood, Jr., CEO of Romeo Power.
  • The new Romeo Power logo is the celebration of a current as it flows towards the possibility of a better future for all.
  • To keep up with everything Romeo Power, please follow the company on social @romeopowerinc or visit romeopower.com .

Platts Launches Nature-Based, Household Devices Carbon Credit Assessments

Tuesday, June 15, 2021 - 8:00am

LONDON, June 15, 2021 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, commenced publishing daily carbon credit price assessments that reflect Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projects on June 14, 2021.

Key Points: 
  • LONDON, June 15, 2021 /PRNewswire/ -- S&P Global Platts, the leading independent provider of information, analytics and benchmark prices for the commodities and energy markets, commenced publishing daily carbon credit price assessments that reflect Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projects on June 14, 2021.
  • Paula VanLaningham, Global Head of Carbon Pricing, S&P Global Platts, said:"Liquidity in the associated carbon-credit markets has continued to grow and these new Platts assessments of Nature-Based Carbon Credit Projects and Household Device Carbon Credit Projectsbring additional transparency to carbon prices and carbon trading activity.
  • The Platts Household Devices carbon assessment are the first voluntary carbon credit assessments to capture the critical role that standard Sustainable Development Goal co-benefits play in the carbon credit markets."
  • Like the Platts CEC, both the Platts CNC and Platts Household Devices carbon credit assessments reflect projects certified by The Gold Standard, Climate Action Reserve (CAR), Verified Carbon Standard (VCS), Architecture for REDD+ Transactions, and American Carbon Registry (ACR).

Where Americans Stand On Climate Change As World Leaders Discuss A Way Forward At The G7 Summit

Monday, June 14, 2021 - 9:12pm

World leaders met at the G7 summit in Cornwall, England from June 11-13, 2021.

Key Points: 
  • World leaders met at the G7 summit in Cornwall, England from June 11-13, 2021.
  • World leaders at the G7 Summit pledged a commitment to cut carbon emissions in half by 2030 and reach net-zero carbon emissions by 2050.
  • These pledges are anticipated to impact the direction of climate change policy measures of the world's largest economies.
  • Americans were asked how much the United States is doing to combat climate change as a country.

Experts recommend five ways to improve design of carbon pricing across Canada

Monday, June 14, 2021 - 7:18pm

The expert review did not assess the overall effectiveness of Canada's patchwork of carbon pricing systems.

Key Points: 
  • The expert review did not assess the overall effectiveness of Canada's patchwork of carbon pricing systems.
  • A complementary summary report , produced and published separately by the Institute, identifies five challenges with carbon pricing in Canada, and offers recommendations for improvement.
  • "Federal, provincial, and territorial governments have all moved fast to implement broad-based carbon pricing that can drive down emissions.
  • Our assessment highlights the need for governments to work more cooperatively to ensure carbon pricing delivers on its promise."