ACX

BAE Systems selected to build atmospheric composition instrument for NOAA's GeoXO constellation

Retrieved on: 
Wednesday, May 1, 2024

BROOMFIELD, Colo., May 1, 2024 /PRNewswire/ -- BAE Systems (LON: BA) was selected by NASA to develop the Atmospheric Composition instrument (ACX) that will fly on the National Oceanic and Atmospheric Administration's (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation.

Key Points: 
  • BROOMFIELD, Colo., May 1, 2024 /PRNewswire/ -- BAE Systems (LON: BA) was selected by NASA to develop the Atmospheric Composition instrument (ACX) that will fly on the National Oceanic and Atmospheric Administration's (NOAA) Geostationary Extended Observations (GeoXO) satellite constellation.
  • However, GeoXO will also provide novel, high-priority capabilities such as atmospheric composition, infrared sounding and ocean color observations to enhance forecasts and science benefits.
  • The ACX instrument builds on BAE Systems experience developing innovative atmospheric monitoring capabilities.
  • In addition to ACX, BAE Systems was also selected to build the GeoXO Sounder (GXS) instrument, which will measure atmospheric moisture, winds, and temperature to enhance weather prediction models and short-term severe weather forecasting among other applications.

ACX Celebrates Successful Inaugural Trade of SYLVERA 'A' Nature Tonne (SAN) Contract with First Abu Dhabi Bank in ADGM, Abu Dhabi

Retrieved on: 
Wednesday, January 31, 2024

The inaugural trade, completed on 19 December 2023, signifies a pivotal milestone in the evolution of carbon markets.

Key Points: 
  • The inaugural trade, completed on 19 December 2023, signifies a pivotal milestone in the evolution of carbon markets.
  • This successful trade validates the relevance of such instruments in fostering a more efficient, transparent, and dynamic carbon trading ecosystem.
  • This inaugural ACX SAN contract is one such, validating the relevance of financial instruments in fostering a more efficient, transparent, and dynamic carbon trading ecosystem."
  • This successful inaugural trade sets the stage for increased adoption and liquidity in the emerging market for environmental derivatives.

ACX Celebrates Successful Inaugural Trade of SYLVERA 'A' Nature Tonne (SAN) Contract with First Abu Dhabi Bank in ADGM, Abu Dhabi

Retrieved on: 
Wednesday, January 31, 2024

The inaugural trade, completed on 19 December 2023, signifies a pivotal milestone in the evolution of carbon markets.

Key Points: 
  • The inaugural trade, completed on 19 December 2023, signifies a pivotal milestone in the evolution of carbon markets.
  • This successful trade validates the relevance of such instruments in fostering a more efficient, transparent, and dynamic carbon trading ecosystem.
  • This inaugural ACX SAN contract is one such, validating the relevance of financial instruments in fostering a more efficient, transparent, and dynamic carbon trading ecosystem."
  • This successful inaugural trade sets the stage for increased adoption and liquidity in the emerging market for environmental derivatives.

ACX Group Strengthens Global Presence through connecting ACX Singapore to ACX's Abu Dhabi Exchange

Retrieved on: 
Tuesday, January 30, 2024

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.

Key Points: 
  • ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.
  • Ltd.'s Singapore based trading platform ("ACX SG"), with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd ("ACX Exchange") in the Abu Dhabi Global Market ("ADGM").
  • This exciting enhancement represents an important step in ACX Group's strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.
  • Mr. Thomas McMahon, co-CEO & co-Founder at ACX Group, expressed his enthusiasm about this significant milestone, stating, "By connecting ACX SG to the ACX Exchange, we are enhancing liquidity while fortifying investor protection.

ACX Group Strengthens Global Presence through connecting ACX Singapore to ACX's Abu Dhabi Exchange

Retrieved on: 
Tuesday, January 30, 2024

ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.

Key Points: 
  • ABU DHABI, UAE and SINGAPORE, Jan. 29, 2024 /PRNewswire/ -- ACX Group is pleased to announce the successful connection of AirCarbon Pte.
  • Ltd.'s Singapore based trading platform ("ACX SG"), with the regulated environmental instruments exchange operated by ACX Ltd and ACX Clearing Corporation Ltd ("ACX Exchange") in the Abu Dhabi Global Market ("ADGM").
  • This exciting enhancement represents an important step in ACX Group's strategy of connecting key global environmental instrument markets, as one consolidated liquidity pool operated under the regulated oversight of the ACX Exchange.
  • Mr. Thomas McMahon, co-CEO & co-Founder at ACX Group, expressed his enthusiasm about this significant milestone, stating, "By connecting ACX SG to the ACX Exchange, we are enhancing liquidity while fortifying investor protection.

ACX Facilitates Access to ACR Standard Carbon Credits in ADGM, Abu Dhabi -- Rebellion Energy's Preferred Partner for Trading and Settlement

Retrieved on: 
Wednesday, January 17, 2024

The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.

Key Points: 
  • The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.
  • By facilitating market access to ACR carbon credits, ACX enhances its role as a key player in advancing accessibility to quality carbon credits globally.
  • "We are honoured to be the platform of choice for RES in bringing ACR carbon credits to the market.
  • RES has listed their inaugural ACR project on the ACX CMB, leveraging its robust features for seamless trading and settlement.

ACX Facilitates Access to ACR Standard Carbon Credits in ADGM, Abu Dhabi -- Rebellion Energy's Preferred Partner for Trading and Settlement

Retrieved on: 
Wednesday, January 17, 2024

The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.

Key Points: 
  • The milestone encompasses Rebellion Energy (RES), the first carbon project developer issuing carbon credits under the Plugging Orphaned Oil and Gas Wells Methodology, choosing ACX as its preferred platform for trading and settlement.
  • By facilitating market access to ACR carbon credits, ACX enhances its role as a key player in advancing accessibility to quality carbon credits globally.
  • "We are honoured to be the platform of choice for RES in bringing ACR carbon credits to the market.
  • RES has listed their inaugural ACR project on the ACX CMB, leveraging its robust features for seamless trading and settlement.

Rebellion Opens New Frontier for Methane-Emissions Abatement With ACR Issuance, ACX Listing of Carbon Credits From Plugging Orphan Oil and Gas Wells

Retrieved on: 
Tuesday, January 16, 2024

TULSA, Okla., Jan. 16, 2024 /PRNewswire/ -- Rebellion Energy Solutions has opened a new frontier for methane-emissions abatement with the verified, validated creation and regulated exchange listing of carbon credits derived from permanently plugging orphan oil and gas wells.

Key Points: 
  • Rebellion's standard carbon credits are the first issued under carbon-credit leader ACR at Winrock International's rigorous orphan-well plugging methodology.
  • And, on Jan. 15, the credits became the first ACR-standard carbon credits listed on the ACX Carbon Market Board.
  • And ACR earlier this month listed Rebellion's Heartland 2 Project for methane-abatement from plugging orphan wells."
  • Rebellion's credits – for its Heartland Methane Abatement and Land Restoration Project – are the first that ACR has issued under its rigorous methodology for plugging orphan oil and gas wells.

Rebellion Opens New Frontier for Methane-Emissions Abatement With ACR Issuance, ACX Listing of Carbon Credits From Plugging Orphan Oil and Gas Wells

Retrieved on: 
Tuesday, January 16, 2024

TULSA, Okla., Jan. 16, 2024 /PRNewswire/ -- Rebellion Energy Solutions has opened a new frontier for methane-emissions abatement with the verified, validated creation and regulated exchange listing of carbon credits derived from permanently plugging orphan oil and gas wells.

Key Points: 
  • Rebellion's standard carbon credits are the first issued under carbon-credit leader ACR at Winrock International's rigorous orphan-well plugging methodology.
  • And, on Jan. 15, the credits became the first ACR-standard carbon credits listed on the ACX Carbon Market Board.
  • And ACR earlier this month listed Rebellion's Heartland 2 Project for methane-abatement from plugging orphan wells."
  • Rebellion's credits – for its Heartland Methane Abatement and Land Restoration Project – are the first that ACR has issued under its rigorous methodology for plugging orphan oil and gas wells.

ACX Partners With the CT Group to Explore Joint Development of Carbon Credit Market in Vietnam

Retrieved on: 
Tuesday, December 19, 2023

The MOU envisages ACX and CCPTA leveraging their respective expertise to contribute to the creation of a sustainable and robust carbon credit market in Vietnam.

Key Points: 
  • The MOU envisages ACX and CCPTA leveraging their respective expertise to contribute to the creation of a sustainable and robust carbon credit market in Vietnam.
  • Wei Mei HUM, Global Head of Environmental Products at ACX, said, "We are thrilled to announce our partnership with CÔNG TY CỔ PHẦN SẢN GAIO DCỊH TNÍ CHỈ CARBON ASEAN as we embark on this transformative journey to explore the development of a carbon credit trading platform in Vietnam.
  • By fostering a vibrant carbon credit market, the partnership aims to create a positive impact on the environment while providing economic benefits to businesses actively participating in carbon credit initiatives.
  • Multi-lateral partnerships locally and with international carbon market policymakers, regulators, and carbon credit exchanges provide CCTPA, ACX, and all of ASEAN essential experiences for becoming a prominent force in global CO2 reduction efforts.