Carbon dioxide

Verde Announces Q4 and FY 2023 Results

Retrieved on: 
Thursday, March 28, 2024
Potassium chloride, Farmer, Central bank, FY, CNM, Risk, Global warming potential, History, ECLS, Carbon, Carbon dioxide, Fertilizer, Depreciation, Weather

SINGAPORE, March 28, 2024 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) ("Verde” or the “Company”) announces its financial results for the full year ended December 31, 2023 (“FY 2023”) and the fourth quarter 2023 (“Q4 2023”), as audited by Ernst & Young (“EY”). The FY 2023 audited results were consistent with the interim results announced by the Company on January 26, 2024:

Key Points: 
  • Verde's revenue amounted to $37.9 million in FY 2023, a 53% decrease compared to the previous year, when potash prices reached record levels.
  • The Company reported a net loss of $6.0 million in FY 2023, compared to a net profit of $17.8 million in FY 2022.
  • Canadian dollar devaluated by 7% versus Brazilian Real in FY 2023 compared to FY 2022.
  • The Company will host a conference call on Tuesday, April 02, 2024, at 10:00 am Eastern Time, to discuss Q4 and FY 2023 results and provide an update.

Global LNG market could split if an EU carbon tax is imposed on imports

Retrieved on: 
Thursday, March 21, 2024
Carbon, Research, Methane, Tax, Wood, GHG, Global warming potential, Gas, ETS, Call, Plant, CBAM, Wood Mackenzie, CO2, European, Carbon dioxide, Coal, Natural gas

21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.

Key Points: 
  • 21 March 2024 – The global liquefied natural gas (LNG) market could be transformed and potentially bifurcate if the European Union (EU) extends its carbon taxes to include LNG imports, according to the Wood Mackenzie’s latest Horizons report.
  • The EU has extended its Emission Trading Scheme (ETS) to shipping, meaning that LNG cargoes into Europe will be subject to a carbon tax from 2024.
  • The report, titled Call of duties: How emission taxes on imports could transform the global LNG market’ concludes that if the trading bloc goes further and tightens it methane regulation or includes LNG in its Carbon Border Adjustment Mechanism (CBAM) – effectively placing an import duty on LNG at prevailing ETS carbon prices – then Wood Mackenzie predicts that the global LNG market would split.
  • “If the EU decides to apply these levies, then this will push European gas prices up but also bifurcate the global LNG market, creating a two-tier LNG market,” says Massimo Di Odoardo, Vice President of Gas & LNG Research at Wood Mackenzie.

Planet to Provide Carbon Mapper, Inc. with Hyperspectral Data Until 2030

Retrieved on: 
Thursday, March 28, 2024
Technology, Photography, Mobile, Wireless, Environmental Health, Professional Services, Artificial Intelligence, Environment, Software, Data Analytics, Internet, Green Technology, Data Management, Satellite, Climate Change, Carbon, Partnership, Climate change, CO2, Methane, Carbon dioxide

Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has signed a multi-year data-license agreement with Carbon Mapper, Inc. to provide hyperspectral core imagery to the non-profit and its partners until 2030.

Key Points: 
  • Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced it has signed a multi-year data-license agreement with Carbon Mapper, Inc. to provide hyperspectral core imagery to the non-profit and its partners until 2030.
  • The $20 million agreement is made possible by initial funding led by a major climate philanthropy.
  • “Securing this continued partnership with Planet will help Carbon Mapper deliver high resolution methane and CO2 super-emitter data to decision makers around the globe,” said Riley Duren, Carbon Mapper’s Chief Executive Officer.
  • This contract marks an extension to an existing data-license agreement between Planet and Carbon Mapper.

Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2024

Retrieved on: 
Thursday, March 28, 2024
Satellite, Technology, Aerospace, Manufacturing, Other Technology, Agritech, Hardware, Carbon, Sentinel, Cloud, Soil, Tanager, Capital expenditure, Google Cloud, EOP, Forecasting, Growth, Temperature, Benchmarking, NIWC, Partnership, Risk, Webcast, Classification, Food security, AI, Table, Swiss Re, INRA, Professional services, Investment, CO2, Carbon dioxide, Pacific Ocean, GAAP, Water, Depreciation, Data, Orbit, ACV

Fourth quarter gross margin was 55%, compared to 55% in the fourth quarter of fiscal year 2023.

Key Points: 
  • Fourth quarter gross margin was 55%, compared to 55% in the fourth quarter of fiscal year 2023.
  • Fourth quarter Non-GAAP Gross Margin(1) was 58%, compared to 58% in the fourth quarter of fiscal year 2023.
  • (1) Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein.
  • The actual amount of these expenses during the first quarter of fiscal year 2025 will have a significant impact on Planet’s future GAAP financial results.

Project Cypress DAC Hub Team Awarded Funding from U.S. Department of Energy

Retrieved on: 
Wednesday, March 27, 2024
Natural Resources, White House, Federal Government, Environment, State, Local, Environmental, Social and Governance (ESG), Environmental Policy, Environmental Issues, Other Technology, Congressional News, Views, Public Policy, Government, Other Energy, Other Science, Utilities, Research, Oil, Gas, Coal, Alternative Energy, Hardware, Energy, Technology, Science, Sustainability, Professional Services, Green Technology, Other Natural Resources, Nuclear, Atmosphere, OCED, Climeworks, Geology, Partnership, CEC, Carbon, Cypress, Investment, CO2, DAC, Carbon dioxide, Workforce, DOE, Human, Renewable energy

Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.

Key Points: 
  • Funding for Project Cypress is a result of the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program.
  • Project Cypress is eligible for up to $600 million in matched federal investment under this funding opportunity.
  • Leaders of Project Cypress are determining final siting and storage options in Louisiana, with selected sites including privately owned land in Calcasieu Parish.
  • The CEC will serve as an advisory body for Project Cypress, ensuring that the community has a voice in development decisions about the DAC Hub.

Chevron and JX Sign MOU for Collaboration on Development of CCS Value Chain

Retrieved on: 
Tuesday, March 19, 2024
Energy, Utilities, Oil, Gas, Carbon, MOU, Carbon capture and storage, Natural gas, Assistant, Knowledge, Transport, Hope, JX, CCS, Petra Nova, Carbon dioxide, CCUS, Multimedia

This press release features multimedia.

Key Points: 
  • This press release features multimedia.
  • (Photo: Business Wire)
    The main objective of the MOU is to evaluate the feasibility of the CCS value chain, including capture of CO₂ emitted from industries located in Japan, including JX’s affiliates, and transportation by ship from Japan to Chevron’s greenhouse gas storage portfolio in Australia.
  • The collaboration will also explore the opportunity to develop suitable transboundary policies and the potential development of CO₂ storage sites in other countries in the Asia Pacific region.
  • JX will contribute to the realization of a carbon-neutral society by leveraging the knowledge we have accumulated through our various CCS/CCUS-related businesses,” Yamada added.

CapturePoint Closes 45Q Direct Transfer Tax Credit Transaction Associated With the Arkalon Co2 Capture Facility in Kansas

Retrieved on: 
Monday, March 18, 2024
Environment, Other Energy, Environmental Health, Utilities, Oil, Gas, Alternative Energy, Sustainability, Green Technology, Energy, Carbon, Transfer, Mercuria, CO2, Carbon dioxide, Marathon Capital, Landfill

“CapturePoint is at the leading edge of carbon management innovation in the United States,” said CEO Tracy Evans, “and our Arkalon CO2 capture facility and Panhandle CO2-EOR operations are helping the nation achieve important environmental and energy security goals. Our team is also developing expansive deep underground carbon storage sites – like our CPS Central Louisiana Regional Carbon Storage Hub -- to permanently and safely sequester much larger volumes of CO2 currently released into the atmosphere by industrial emitters.”

Key Points: 
  • The CapturePoint Arkalon CO2 capture facility has the capacity to capture 250,000 metric tons of CO2 annually from nearby bio-ethanol production.
  • The new Arkalon CO2 capture facility was placed in service in April 2023, generating Section 45Q tax credits for capturing and utilizing industrially sourced CO2 emissions.
  • The Tax Credit Transfer Agreement between CapturePoint and the buyer includes placement of 100% of the 45Q tax credits generated by the Arkalon facility for a total of 12 years.
  • “We were honored to support CapturePoint on one of the industry’s first Section 45Q tax credit transfer transactions for their Arkalon CO2 capture facility,” said Matthew Shanahan, Managing Director at Marathon Capital.

Non-dispersive Infrared (NDIR) Market worth $965 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 2, 2024
Carbon, Condensate, Gas, Temperature, Health, PLC, Transport, Isoflurane, HVAC, Sevoflurane, Lidar, Oxygen, Honeywell, OTDR, Capnography, SCADA, Row, Anesthesia, Controller, Security alarm, Desflurane, Air pollution, Region, Oil, Thermography, Environmental monitoring, Textile, COVID-19, MSA, Digital, VOC, Yokogawa Electric, Amphenol, Carbon dioxide, Brownfield land, Nitrous oxide, Natural gas, Carbon monoxide, Mining, Acoustic, Environment, Optical fiber, Volatile organic compound, Plastic, Atmosphere, Water, Power, Hardware

Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.
  • Monitoring of refrigerant gases, capnography etc are likely to boost NDIR market.
  • NDIR market for VOCs to hold high market share during the forecast period.
  • Industrial & Manufacturing segment by vertical in NDIR industry to hold high market share during the forecast period.

Non-dispersive Infrared (NDIR) Market worth $965 million by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, April 2, 2024
Carbon, Condensate, Gas, Temperature, Health, PLC, Transport, Isoflurane, HVAC, Sevoflurane, Lidar, Oxygen, Honeywell, OTDR, Capnography, SCADA, Row, Anesthesia, Controller, Security alarm, Desflurane, Air pollution, Region, Oil, Thermography, Environmental monitoring, Textile, COVID-19, MSA, Digital, VOC, Yokogawa Electric, Amphenol, Carbon dioxide, Brownfield land, Nitrous oxide, Natural gas, Carbon monoxide, Mining, Acoustic, Environment, Optical fiber, Volatile organic compound, Plastic, Atmosphere, Water, Power, Hardware

Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.

Key Points: 
  • Based on application type, the NDIR market for monitoring applications is expected to hold the highest market share during the forecast period.
  • Monitoring of refrigerant gases, capnography etc are likely to boost NDIR market.
  • NDIR market for VOCs to hold high market share during the forecast period.
  • Industrial & Manufacturing segment by vertical in NDIR industry to hold high market share during the forecast period.

U.S. Department of Energy Announces $145 Million for Skyven Technologies to Decarbonize Industrial Steam

Retrieved on: 
Monday, March 25, 2024
Electricity, OCED, Natural gas, Steel, Steam, Renewable resource, History, Quality of life, Glass, Cloud computing, Investment, CO2, Carbon dioxide, Workforce, Primary energy, Paper, DOE, Renewable energy

RICHARDSON, Texas, March 25, 2024 /PRNewswire/ -- Skyven Technologies, Inc., an Energy-as-a-Service (EaaS) company pioneering steam generating heat pump technology, has been selected for award negotiations up to $145 million from the Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED). The unprecedented funding will address critical climate challenges by accelerating the installation of cutting-edge Skyven Arcturus industrial steam-generating heat pumps (SGHPs) at manufacturing facilities across the United States.

Key Points: 
  • Skyven Technologies, Inc. has been selected for award negotiations up to $145 million from the Department of Energy.
  • "Thanks to President Biden's industrial strategy, DOE is making the largest investment in industrial decarbonization in the history of the United States.
  • Along with decarbonizing industrial steam, Skyven is committed to ensuring that the communities surrounding these manufacturing facilities receive the benefits of this funding.
  • "It is great to see Skyven removing major market barriers through the combination of their Arcturus industrial heat pump, innovative financial model, and workforce development actions."