Carbon finance

Company Profile for Forest Carbon Works

Retrieved on: 
Tuesday, October 6, 2020

Forest Carbon Works, PBC is a spin-off Company from EP Carbon, a US-based consultancy providing technical project design, GHG emissions measurement and reporting services to carbon projects in both the voluntary and compliance markets.

Key Points: 
  • Forest Carbon Works, PBC is a spin-off Company from EP Carbon, a US-based consultancy providing technical project design, GHG emissions measurement and reporting services to carbon projects in both the voluntary and compliance markets.
  • EP Carbons technical experts have developed more than 36 projects globally, protecting forests totaling 13 million acres and avoiding more than 250 million tons of carbon-dioxide emissions.
  • Forest Carbon Works lends from this same expertise, and is the exclusive access point to the carbon market for family forest owners.

Forest Carbon Works Raises $5m to Accelerate Use of Forests as Natural Climate Solutions and the Expansion of Conservation Payments to Forest Landowners, Channelling $1.4b in Market Demand

Retrieved on: 
Tuesday, October 6, 2020

Forest Carbon Works ( forestcarbonworks.org ) delivers premium payments to landowners for long-term conservation and climate outcomes on properties as small as forty acres.

Key Points: 
  • Forest Carbon Works ( forestcarbonworks.org ) delivers premium payments to landowners for long-term conservation and climate outcomes on properties as small as forty acres.
  • As members of Forest Carbon Works, some landowners are already getting paid more than $50,000 each year.
  • Family forest owners are in a unique position to address climate change, says Kyle Holland, founder of Forest Carbon Works.
  • Forest Carbon Works lends from this same expertise, and is the exclusive access point to the carbon market for family forest owners.

CAE becomes first Canadian aerospace company to become carbon neutral

Retrieved on: 
Tuesday, October 6, 2020

MONTREAL, Oct. 6, 2020 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE today announced that it has become carbon neutral as of September 28, 2020, proudly becoming the first Canadian aerospace company to reach this goal.

Key Points: 
  • MONTREAL, Oct. 6, 2020 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) CAE today announced that it has become carbon neutral as of September 28, 2020, proudly becoming the first Canadian aerospace company to reach this goal.
  • The company has achieved carbon neutrality by continuing to reduce its own emissions and by making investments in projects that offset its remaining annual carbon emissions.
  • Carbon offsetting and renewable energy certificates are additional interim measures that CAE takes while new technologies and solutions are being developed to reduce emissions.
  • CAE is a high technology company, at the leading edge of digital immersion, providing solutions to make the world a safer place.

CBL Markets Announces First Trades of the Global Emissions Offset™ Contract

Retrieved on: 
Monday, October 5, 2020

NEW YORKand SAN FRANCISCOand SYDNEY, Oct. 5, 2020 /PRNewswire/ -- XCHG , the global marketplace for Intelligent Commodities, today announced the first trades of the Global Emissions Offset (GEO) on XCHG subsidiary CBL Markets .

Key Points: 
  • NEW YORKand SAN FRANCISCOand SYDNEY, Oct. 5, 2020 /PRNewswire/ -- XCHG , the global marketplace for Intelligent Commodities, today announced the first trades of the Global Emissions Offset (GEO) on XCHG subsidiary CBL Markets .
  • The contract standardizes and streamlines the purchasing of offsets, making it simpler to sort through a complex range of options.
  • These initial transactions signify market acceptance of the GEO contract as a benchmark that brings scale, transparency, and liquidity to voluntary offset markets worldwide.
  • "GEO pricing is set by trades on CBL Markets, which reflect the real costs of abating emissions," said Ben Stuart, XCHG Chief Commercial Officer.

CBL Markets Announces First Trades of the Global Emissions Offset™ Contract

Retrieved on: 
Monday, October 5, 2020

NEW YORKand SAN FRANCISCOand SYDNEY, Oct. 5, 2020 /PRNewswire/ -- XCHG , the global marketplace for Intelligent Commodities, today announced the first trades of the Global Emissions Offset (GEO) on XCHG subsidiary CBL Markets .

Key Points: 
  • NEW YORKand SAN FRANCISCOand SYDNEY, Oct. 5, 2020 /PRNewswire/ -- XCHG , the global marketplace for Intelligent Commodities, today announced the first trades of the Global Emissions Offset (GEO) on XCHG subsidiary CBL Markets .
  • The contract standardizes and streamlines the purchasing of offsets, making it simpler to sort through a complex range of options.
  • These initial transactions signify market acceptance of the GEO contract as a benchmark that brings scale, transparency, and liquidity to voluntary offset markets worldwide.
  • "GEO pricing is set by trades on CBL Markets, which reflect the real costs of abating emissions," said Ben Stuart, XCHG Chief Commercial Officer.

Primo Water North America Achieves Carbon Neutrality in its U.S. Operations

Retrieved on: 
Thursday, October 1, 2020

SCS Global Services ("SCS"), a global leader in third-party environmental and sustainability verication, has independently verified that Primo Water North America has achieved carbon neutrality for its U.S. operations after establishing its GHG inventory for Scopes 1, 2, and select Scope 3 categories, and purchasing and retiring carbon offsets through Natural Capital Partners.

Key Points: 
  • SCS Global Services ("SCS"), a global leader in third-party environmental and sustainability verication, has independently verified that Primo Water North America has achieved carbon neutrality for its U.S. operations after establishing its GHG inventory for Scopes 1, 2, and select Scope 3 categories, and purchasing and retiring carbon offsets through Natural Capital Partners.
  • "Primo Water North America is doing an outstanding job in mitigating its carbon footprint and fighting climate change, setting a sustainability leadership precedent in the beverage industry," added Stanley Mathuram, VP of Global Business Development at SCS.
  • Primo Water North America, a wholly-owned subsidiary of Primo Water Corporation, is a U.S.-based company providing bottled water, break room supplies, and equipment and services for water filtration systems.
  • Primo Water Corporation is a leading pure-play water solutions provider in North America, Europe and Israel and generates approximately $2.1 billion in annual revenue.

CRU: China announces ambitious plans for carbon neutrality before 2060

Retrieved on: 
Thursday, October 1, 2020

CRU's China offices are uniquely placed to follow this topic and to help clients evaluate the implications of these policies.

Key Points: 
  • CRU's China offices are uniquely placed to follow this topic and to help clients evaluate the implications of these policies.
  • China has already embarked on a carbon emission reduction program and signed up to the Paris Agreement on Climate Change.
  • In fact, China is well on its way to meeting its first challenge for carbon emissions to peak before 2030.
  • However, the second challenge to reverse and offset CO2 emissions to obtain carbon neutrality before 2060 is a gargantuan challenge.

CRU: China announces ambitious plans for carbon neutrality before 2060

Retrieved on: 
Thursday, October 1, 2020

China has already embarked on a carbon emission reduction program and signed up to the Paris Agreement on Climate Change.

Key Points: 
  • China has already embarked on a carbon emission reduction program and signed up to the Paris Agreement on Climate Change.
  • Previous experience suggests that China has the capability and track record to carry through what it plans to do, especially concerning environmental goals.
  • In fact, China is well on its way to meeting its first challenge for carbon emissions to peak before 2030.
  • However, the second challenge to reverse and offset CO2 emissions to obtain carbon neutrality before 2060 is a gargantuan challenge.

WCI Carbon Market Outook: 2030 Allowances Price and GHG Emissions Forecasts

Retrieved on: 
Wednesday, September 30, 2020

DUBLIN, Sept. 30 2020 /PRNewswire/ -- The "2030 Allowances Price and GHG Emissions Forecast for WCI Carbon Market" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Sept. 30 2020 /PRNewswire/ -- The "2030 Allowances Price and GHG Emissions Forecast for WCI Carbon Market" report has been added to ResearchAndMarkets.com's offering.
  • This report provides a forecast for emissions, supply-demand, and prices up to the year 2030.
  • Section one of the report gives an overview of the present WCI market emissions.
  • Section five builds on this balance to give a 2030 WCI price forecast.

FirstEnergy Ohio Utilities Launch Request for Proposal for 2020 Renewable Energy Credits

Retrieved on: 
Wednesday, September 30, 2020

AKRON, Ohio, Sept. 30, 2020 /PRNewswire/ --FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilities Ohio Edison, The Illuminating Company and Toledo Edison.

Key Points: 
  • AKRON, Ohio, Sept. 30, 2020 /PRNewswire/ --FirstEnergy Corp. (NYSE: FE) today issued a Request for Proposal (RFP) to purchase Ohio-compliant Renewable Energy Credits (RECs) for its Ohio utilities Ohio Edison, The Illuminating Company and Toledo Edison.
  • The purchases will help meet the companies' 2020 renewable energy targets established under Ohio's alternative energy law.
  • The companies plan to purchase 373,000 RECs, which can include solar renewable energy credits.
  • One REC represents the environmental attributes of one megawatt hour of generation from a PUCO-qualified renewable generating facility.