Emissions trading

New EU Carbon Emissions Tariff Will Significantly Impact Businesses, Highlights Report from The Conference Board

Retrieved on: 
Thursday, September 28, 2023
Carbon, The Conference Board, International, Face, Aluminium, Fertilizer, Business, CBAM, Emissions trading, Iron, Risk, Conference, Legislation, Renewable energy, EU

BRUSSELS, Sept. 28, 2023 /PRNewswire/ -- European importers face rising prices and administrative bottlenecks as the EU's new carbon emissions tariff comes into effect, as detailed in a new report from The Conference Board.

Key Points: 
  • BRUSSELS, Sept. 28, 2023 /PRNewswire/ -- European importers face rising prices and administrative bottlenecks as the EU's new carbon emissions tariff comes into effect, as detailed in a new report from The Conference Board.
  • Navigating Europe's Carbon Tariff : What is CBAM and What Does it Mean for Business?
  • surveyed European Members of The Conference Board on how they expect CBAM to affect their companies.
  • Lack of verification capacity may create bottlenecks at key locations:
    Europe faces a serious shortage of qualified 'verifiers' who check importers' declared carbon emissions.

Taxing questions: is National glossing over the likely cost of administering its new ‘revenue measures'?

Retrieved on: 
Wednesday, August 30, 2023
ACT, New Zealand Emissions Trading Scheme, National, FBT, Policy, COVID-19, Tax, Family, GST, Single person, MMP, Movement, Emissions trading, Public sector, Bill, Climate change, Los Alamos National Laboratory, Working for Families, National Party, Income, International Monetary Fund, Child Poverty Action Group, Cambodia and the International Monetary Fund, Gambling, Coffee, Depreciation, Child Poverty Action Group (Aotearoa New Zealand), Renewable energy, Life insurance, Health insurance, Property management, Airbnb

Proposing to alleviate the financial pain of this “squeezed middle”, it may be key to determining who forms the next government.

Key Points: 
  • Proposing to alleviate the financial pain of this “squeezed middle”, it may be key to determining who forms the next government.
  • Just what these might cost to set up and administer may be a missing element of the picture.
  • As the tax policy makes clear, short-term concerns about the cost of living trump longer-term considerations about climate change.

Revenue neutral means new taxes

    • To ensure the package is revenue neutral, four new taxes will be introduced.
    • If the policy is aimed at those who vote, then three of the new taxes are aimed at shifting the tax burden to those who cannot vote.
    • A second stream of revenue will come from a tax on offshore gambling.
    • Generally, two of the new proposals appear to gloss over the massive IT costs that tend to accompany new taxes.

Safeguarding the ‘un-squeezed top’

    • What the package does not do is engage with the problem of tax-free wealth.
    • Just this week the International Monetary Fund once again urged New Zealand to introduce a comprehensive capital gains tax.
    • National’s package favours “the un-squeezed top” by reinstating tax deductions for rental properties, reducing the brightline test to two years, and leaving capital gains untaxed.
    • Read more:
      How to read the political polls: 10 things you need to know ahead of the NZ election

      And the bottom?

State Awards $31 Million to LOSSAN Agency to Enhance Pacific Surfliner Service

Retrieved on: 
Thursday, February 2, 2023
Emissions trading, Senate, California State Transportation Agency, SB 1, Bill (law), GHG, Rail freight transport, Renewable energy

ORANGE, Calif., Feb. 1, 2023 /PRNewswire/ -- The Los Angeles – San Diego – San Luis Obispo (LOSSAN) Rail Corridor Agency, which manages the Amtrak® Pacific Surfliner® service, was awarded $31 million to fund a package of projects that will expand and improve passenger rail service in southern California, the California State Transportation Agency (CalSTA) announced today.

Key Points: 
  • ORANGE, Calif., Feb. 1, 2023 /PRNewswire/ -- The Los Angeles – San Diego – San Luis Obispo (LOSSAN) Rail Corridor Agency, which manages the Amtrak® Pacific Surfliner® service, was awarded $31 million to fund a package of projects that will expand and improve passenger rail service in southern California, the California State Transportation Agency (CalSTA) announced today.
  • The TIRCP program is funded through Senate Bill (SB) 1 and is an extension of the state's Cap and Trade program.
  • "We're thankful for the support from CalSTA and the funding provided through SB 1, which will help us with much-needed improvements along the LOSSAN corridor," said LOSSAN Vice Chair Jewel Edson.
  • "This investment will allow us to continue expanding and growing our service on the historically second-busiest intercity passenger rail corridor in the nation."

Decisive Action: OQ Chemicals to Introduce Comprehensive Sustainability Program

Retrieved on: 
Sunday, March 27, 2022
Packaging, Chemicals, Plastics, Environment, Manufacturing, OQ, Marketing, Aircraft, Lubricant, Transport, Organic acid, Plastic, Program, Emissions trading, Conference, Environment, CEO, ETS, Alcohol, Industry, Technology, Goal, Climate, Union, Amine, Silent Scope 3, Renewable energy, Agriculture

OQ Chemicals has announced introduction of a company-wide sustainability program during renowned industry event AFPM International Petrochemical Conference (USA).

Key Points: 
  • OQ Chemicals has announced introduction of a company-wide sustainability program during renowned industry event AFPM International Petrochemical Conference (USA).
  • Now we are taking decisive action to raise sustainability and future competitiveness of our company, states Oliver Borgmeier, CEO of OQ Chemicals.
  • Christoph Balzarek, EVP Corporate Development at OQ Chemicals and global program lead for reduce: This program is the result of a process started already years ago, bundling all our activities under one roof.
  • OQ Chemicals employs more than 1,400 people worldwide and is part of OQ, an integrated energy company originating in Oman.

Mercuria's investment accelerates growth of ChargeNet's New Zealand EV charging network

Retrieved on: 
Thursday, September 2, 2021
Industry, Electricity, Transport, Growth, Adoption, Ownership, Anxiety, Energy efficiency, Central, EV, Investment, Emissions trading, Carbon, News, Energy transition, Conservation Authority, VMG, Renewable energy

ChargeNet CEO and co-founder, Steve West says Mercuria's investment provides ChargeNet with the capital required to significantly accelerate its growth strategy, delivering a superior nationwide EV charging network ahead of growing demand from New Zealand motorists.

Key Points: 
  • ChargeNet CEO and co-founder, Steve West says Mercuria's investment provides ChargeNet with the capital required to significantly accelerate its growth strategy, delivering a superior nationwide EV charging network ahead of growing demand from New Zealand motorists.
  • "This investment is excellent news for ChargeNet and New Zealand because it allows us to rapidly scale up our existing network and fast-track the expansion of our hyper-rapid charging stations," said Mr West.
  • Their investment is not only instrumental to enabling us to deliver a future-proofed NZ based charging network, it also provides us a pathway to extend our global reach and drive growth in other countries."
  • ChargeNet owns and operates New Zealand's largest EV charging network and are the leading EV hardware distributor in New Zealand for rapid and hyper-rapid charging.

New partnership with UN aviation agency to provide insights on carbon offsetting market

Retrieved on: 
Tuesday, August 3, 2021
Carbon finance, Greenhouse gas emissions, Renewable energy, Emissions trading, Articles, Climate change policy, Carbon Offsetting and Reduction Scheme for International Aviation, Natural environment, Carbon offset, Natural Resources, Carbon neutrality, International Civil Aviation Organization

Reliable data on the evolution of the carbon market will help crystalize the confidence of States and other stakeholders in CORSIA.

Key Points: 
  • Reliable data on the evolution of the carbon market will help crystalize the confidence of States and other stakeholders in CORSIA.
  • Through ICAO, States have agreed to an aspirational goal of carbon neutral growth from 2020.
  • As a global scheme governed by a regulatory compliance model, market data resulting from CORSIA will provide important insights as carbon markets continue to evolve.
  • Through the new partnership, EM will leverage its 16 years of experience reporting prices and volumes of carbon trades to offer new market data for offsets eligible for ICAOs Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA).

Vantage Data Centers to Reach Net Zero Carbon Emissions by 2030

Retrieved on: 
Monday, August 2, 2021
Environment, Technology, Security, Utilities, Other Technology, Alternative energy, Energy, Networks, Data management, Articles, Climate change policy, Resource economics, Energy, Greenhouse gas emissions, Renewable energy, Carbon finance, Low-carbon economy, Carbon neutrality, Emissions trading, Business action on climate change

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company will achieve net zero carbon emissions globally by 2030.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company will achieve net zero carbon emissions globally by 2030.
  • With Vantages commitment to net zero carbon emissions, the company will not only actively work to reduce greenhouse gas emissions but will also invest in technologies and projects that remove carbon from the atmosphere.
  • This is why weve set our target at net zero rather than carbon neutral, explained Justin Thomas, chief technology officer, Vantage Data Centers.
  • Vantage will reach its net zero goal by focusing on four key areas:
    Emissions Reduction: Vantage is investing in technologies that target reductions in emissions, starting with a focus on energy efficiency and emissions reductions from on-site generators.

ACT Announces Minority Investment from Bridgepoint, Valuing the Environmental Markets Leader at Over $1 Billion

Retrieved on: 
Friday, July 30, 2021
Greenhouse gas emissions, Articles, Renewable energy, Carbon finance, Energy, Climate change policy, Environmental impact of the energy industry, Natural environment, Carbon offset, Emissions trading, Carbon footprint, Climate change policy of the United States

Bridgepoints investment moves ACT to a new level of leadership in the environmental markets.

Key Points: 
  • Bridgepoints investment moves ACT to a new level of leadership in the environmental markets.
  • Founded in 2009 and with offices in Amsterdam, New York, Shanghai, and Paris, ACT helps companies and organizations around the world reduce their carbon footprints.
  • As an enabler of the global energy transition, ACT helps organizations hit their climate targets, no matter how ambitious.
  • Since 2009, ACT has become a trusted brand in high-impact climate projects, green electricity markets, renewable energies and energy efficiency, emission allowances and carbon offsets.

ACT Announces Minority Investment from Bridgepoint, Valuing the Environmental Markets Leader at Over $1 Billion

Retrieved on: 
Friday, July 30, 2021
Greenhouse gas emissions, Articles, Renewable energy, Carbon finance, Energy, Climate change policy, Environmental impact of the energy industry, Natural environment, Carbon offset, Emissions trading, Carbon footprint, Climate change policy of the United States

Bridgepoints investment moves ACT to a new level of leadership in the environmental markets.

Key Points: 
  • Bridgepoints investment moves ACT to a new level of leadership in the environmental markets.
  • Founded in 2009 and with offices in Amsterdam, New York, Shanghai, and Paris, ACT helps companies and organizations around the world reduce their carbon footprints.
  • As an enabler of the global energy transition, ACT helps organizations hit their climate targets, no matter how ambitious.
  • Since 2009, ACT has become a trusted brand in high-impact climate projects, green electricity markets, renewable energies and energy efficiency, emission allowances and carbon offsets.

Corsia Logistics Website Update - Guides to Understanding Auto Transport

Retrieved on: 
Monday, July 26, 2021
Parasitic plants, Aviation and the environment, Carbon Offsetting and Reduction Scheme for International Aviation, Carbon finance, Emissions trading, Articles, Corsia, Logistics, Organisms, Human activities

LOS ANGELES, July 26, 2021 /PRNewswire-PRWeb/ -- Corsia Logistics has updated their website design and data by adding how to guides in all sections.

Key Points: 
  • LOS ANGELES, July 26, 2021 /PRNewswire-PRWeb/ -- Corsia Logistics has updated their website design and data by adding how to guides in all sections.
  • All webpages have been restructured to include how to content that will help shippers understand the auto transport process more fully.
  • Corsia Logistics has always provided abundant information on their website but with this update they have re-designed their webpages, and added tens of new pages in the form of guides that help customers understand every aspect of the process of shipping a car.
  • Corsia Logistics is nationwide auto transport company servicing all fifty states, including Alaska and Hawaii.