EU ETS

CargoMetrics Launches Global Maritime Emissions Data Products

Retrieved on: 
Thursday, March 21, 2024
Alternative Energy, Data Management, Energy, Green Technology, Technology, Professional Services, Other Transport, Environment, Maritime, Transport, Software, Logistics, Supply Chain Management, Other Energy, Data Analytics, Vehicle Technology, Carbon, Pressure, Face, TEU, EU ETS, Insurance, ADX, Amazon Web Services, EU Allowance, Behavior, CO2

CargoMetrics, a global leader in the systematic monitoring and analysis of maritime trade, has announced the launch of new products that measure maritime emissions and provide trusted, unbiased data and insight to regulators, shippers and multi-national corporations that face increased pressure to reduce greenhouse gas emissions and hedge funds seeking reliable inputs to trading strategies in the fast-growing carbon markets.

Key Points: 
  • CargoMetrics, a global leader in the systematic monitoring and analysis of maritime trade, has announced the launch of new products that measure maritime emissions and provide trusted, unbiased data and insight to regulators, shippers and multi-national corporations that face increased pressure to reduce greenhouse gas emissions and hedge funds seeking reliable inputs to trading strategies in the fast-growing carbon markets.
  • CargoMetrics’ Maritime Emissions – Global Benchmark products provide global carbon emissions and fuel consumption metrics by vessel class (tankers, dry bulk, and containers) and vessel size – and include analytics for CO2 emissions per nautical mile, tonne-mile, and container unit (TEU).
  • "Our Maritime Emissions - Global Benchmark and EU ETS Carbon Tracker products reflect our scientific approach and provide customers the clarity needed to make data-driven assessments related to maritime emissions and carbon trading in their voluntary, compliance, and speculative applications," said CargoMetrics CEO Jes Scully.
  • Select use cases and market applications include:
    Constructing carbon trading strategies and informing EU Allowances trading decisions; analyzing volume, trends and volatility
    Enhancing fundamental models relating to freight, insurance, and financing rates
    The Maritime Emissions Global Benchmark products and the EU ETS Carbon Tracker are now available for licensing on AWS Data Exchange ( ADX ), along with CargoMetrics' commodity products.

Transportation Management System Market to cross $26.7 billion by 2032, Says Global Market Insights Inc.

Retrieved on: 
Wednesday, March 6, 2024
TMS, Atmosphere, USD, AI, SAP, Transport, Transportation management system, Internet of things, ITMS, Communication, Risk, Maersk, EU ETS, Cloud computing, App Store (iOS/iPadOS)

The transportation management system market valuation is predicted to reach USD 26.7 billion by 2032, as reported in a research study by Global Market Insights Inc.

Key Points: 
  • The transportation management system market valuation is predicted to reach USD 26.7 billion by 2032, as reported in a research study by Global Market Insights Inc.
  • Furthermore, the emergence of mobile applications and digital platforms enabling seamless communication and collaboration among stakeholders will favor the transportation management system market outlook.
  • Europe transportation management system market share is touted to surge at a rapid pace till 2032, attributed to stringent regulatory requirements and a focus on sustainability.
  • The major companies in transportation management system market are Infor, Generix Group, CH Robinson, Oracle, Descartes, Manhattan Associates, Wise Tech Global, SAP, Worldwide Express, E2open, and Trimble.

KBRA Releases European Climate Transition: Cost Burden and Risk of Slowing Progress

Retrieved on: 
Tuesday, January 16, 2024
Professional Services, Business, Finance, EU ETS, KBRA, Carbon, Climate change, European Green Deal, Research, COVID-19, Policy, Renewable energy

KBRA Europe (KBRA) releases research on Europe’s climate transition plans.

Key Points: 
  • KBRA Europe (KBRA) releases research on Europe’s climate transition plans.
  • The European Union (EU) has long burnished its leadership position in climate mitigation.
  • The region pursues sustainable regulation at the EU level and works to influence other countries to commit to a low carbon transition.
  • The EU has historically been a leader in climate action and has been active in enacting and expanding sustainable regulation.

Global Carbon Credit Market Analysis and Forecast 2023-2030 - Europe's Leadership Upheld by Ambitious Climate Goals

Retrieved on: 
Thursday, December 21, 2023
Carbon, Economic development, Government, Energy conservation, South Pole (company), Prevalence, Climate change, Social responsibility, Investment, EU ETS, Renewable energy

DUBLIN , Dec. 20, 2023 /PRNewswire/ -- The "Carbon Credit Market - Global Carbon Credit Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN , Dec. 20, 2023 /PRNewswire/ -- The "Carbon Credit Market - Global Carbon Credit Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
  • The power industry, characterized by substantial energy consumption and emissions, has secured the largest market share within the carbon credit market.
  • Compliance-type carbon credits dominate the carbon credit market due to the prevalence of government-led regulatory frameworks and emission reduction targets.
  • The region's strong commitment to climate action, ambitious climate policies, and mature market infrastructure contribute to Europe's dominant position in the global carbon credit market.

S&P Global Commodity Insights Releases its Latest 2024 Energy Outlook

Retrieved on: 
Thursday, December 14, 2023
Carbon, Lithium, Economics, Acquisition, Hydrogen, Henry Hub, Swings, European, Belt and Road Initiative, Inflation, Memory, Growth, Electricity, Overalls, CBAM, Chemical oxygen demand, Gasoline, COVID, Democratic republic, Attention, Coal, S&P Global Commodity Insights, Climate, Cobalt, EU ETS, IRA, ExxonMobil, Republican, DRC, ICE, Metal, Risk, Congo, Weather, European Parliament, Sandell, Pioneer Natural Resources, OPEC, Natural gas, Population growth, Belt, Policy, S, EVS, Nickel, EV, Renewable energy, Oil, Petroleum, Tourism, LNG

NEW YORK and LONDON and SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- Analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy and energy transition markets, today released their latest 2024 energy outlook.

Key Points: 
  • NEW YORK and LONDON and SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- Analysts at S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy and energy transition markets, today released their latest 2024 energy outlook.
  • After years of turbulence, global markets are still striving to find sustainable balance between energy supply and demand.
  • Simon Thorne, Climate & Energy Transformation Lead, S&P Global Commodity Insights, said: "While the security of oil and gas supply will remain paramount to many countries, the world is focusing more and more on securing source materials for clean energy technology, battery metals, and renewables."
  • TOP TEN KEY THEMES TO THE 2024 ENERGY OUTLOOK: S&P GLOBAL COMMODITY INSIGHTS:
    Energy demand searching for a new normal but will be hard-pressed to find it.

Bearing AI Releases Fleet Deployment Optimizer

Retrieved on: 
Wednesday, October 25, 2023
Carbon, EU ETS, PALO, Artificial intelligence, Hapag-Lloyd, AI, Mathematical optimization, EU, CII, Renewable energy, Bearing

PALO ALTO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Bearing AI, the AI Decision Engine for the maritime industry, has launched an AI-powered Fleet Deployment Optimizer. This industry-first product was developed with in-depth feedback from leading global shipping company, and Bearing AI customer, Hapag-Lloyd.

Key Points: 
  • Bearing AI announces the first AI-powered tool for tracking, predicting, and optimizing liner fleet emissions
    PALO ALTO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Bearing AI, the AI Decision Engine for the maritime industry, has launched an AI-powered Fleet Deployment Optimizer.
  • Built on Bearing AI’s Decision Engine platform, the Fleet Deployment Optimizer helps customers accurately simulate future emissions and instantly compare the efficiency of different vessels across potential schedules.
  • During the collaborative development of the Fleet Deployment Optimizer, Bearing AI combined its expertise in Artificial Intelligence with Hapag-Lloyd’s industry insights to ensure the Fleet Deployment Optimizer tackled some of the most pressing emissions-related challenges facing companies today.
  • “Fleet Deployment Optimizer is one of the most significant recent developments in fleet management and it's just the beginning – we’re excited to unveil its full potential, and continue to rapidly innovate with industry-leading customers like Hapag-Lloyd.”
    As part of Bearing’s broader AI Decision Engine platform, Fleet Deployment Optimizer is continuously improving and Bearing plans on launching a series of enhancements in the near future.

Enviva Reports 2Q 2023 Results and Provides Progress Update on Cost and Productivity Improvement Initiatives

Retrieved on: 
Wednesday, August 2, 2023
Automotive, Forest Products, Other Energy, Agriculture, Natural Resources, Green Technology, Alternative Vehicles, Fuels, Alternative Energy, Environment, Energy, Sustainability, Carbon, Metric, European Union Emissions Trading System, EPC, EU Council, GAAP, Wood, Forest management, Federation, Acquisition, Investment, Tornado, EU ETS, European, Heat, BECCS, RED, Maintenance, NCV, Language, Organization, Coal, Growth, Biomass, Net, Public policy, Government, Engineering, Natural gas, European Parliament, Webcast, Hand, Enviva, Minister, Wind, Public expenditure, Plant, EBITDA, Bioenergy with carbon capture and storage, Renewable energy, DAP, Security (finance), Video game, Pharmaceutical industry, Engineered wood, Fine chemical, Bond, EU

As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.

Key Points: 
  • As a result, Greenwood is on a path to reach its target production level and cost position during fourth-quarter 2023.
  • Enviva continues to advance cost-reduction and productivity initiatives designed to improve the financial and operating performance of its fully contracted assets.
  • During second-quarter 2023, management was able to reduce DAP cost by approximately $3 per MT as compared to first-quarter 2023, and reduced DAP cost by $9 per MT from first-quarter 2023 to June 2023.
  • Enviva will host a webcast and conference call on Thursday, August 3, 2023 at 10:00 a.m. Eastern Time to discuss second-quarter results and the Company’s outlook.

Bearing AI’s Maritime AI Platform Receives ClassNK Innovation Endorsement

Retrieved on: 
Wednesday, July 26, 2023
Carbon, EU, PALO, Innovation, European Union Emissions Trading System, Nippon Kaiji Kyokai, CII, Certification, Silicon, EU ETS, AI, Bearing, Medical device

PALO ALTO, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- ClassNK has awarded leading maritime AI company, Bearing AI , with the Innovation Endorsement for Products & Solutions.

Key Points: 
  • PALO ALTO, Calif., July 26, 2023 (GLOBE NEWSWIRE) -- ClassNK has awarded leading maritime AI company, Bearing AI , with the Innovation Endorsement for Products & Solutions.
  • The Innovation Endorsement (IE) is a certification given by ClassNK to promote the spread and development of innovative technologies.
  • This endorsement reaffirms the function of Bearing AI’s platform, “Bearing CII Optimizer,” the leading solution for managing Carbon Intensity Indicator (CII) compliance, and its capacity to optimize the commercial and operational decision-making of maritime companies.
  • “We’re honored to receive this prestigious endorsement from ClassNK,” said Dylan Keil, CEO of Bearing AI.

Enviva Reports First-Quarter 2023 Results, Updates 2023 Guidance, Changes Capital Allocation Priorities, and Announces New Contract

Retrieved on: 
Thursday, May 4, 2023
Other Manufacturing, Environment, Other Energy, Sustainability, Alternative Energy, Manufacturing, Other Natural Resources, Energy, Forest Products, Natural Resources, Carbon, Agreement, Minister, Drinking water, European Union Emissions Trading System, Share repurchase, Atmosphere, EPC, EU Council, GAAP, Forest, Language, Public expenditure, Plant, Ontario Energy Board, Coal, EBITDA, Investment, Bioenergy with carbon capture and storage, EU ETS, Engineering, Natural gas, European, European Parliament, Webcast, Renewable energy, Growth, RED, Fund, Biomass, BECCS, Enviva, Fine chemical, Risk management, Forestry, Rail transport, Bond, EU

With the elimination of the dividend, management expects to retain approximately $1 billion in incremental cash flow during the period 2023 to 2026.

Key Points: 
  • With the elimination of the dividend, management expects to retain approximately $1 billion in incremental cash flow during the period 2023 to 2026.
  • This is the Company’s first authorization for share repurchases since its founding, and is of a lower capital allocation priority compared to maintaining conservative leverage metrics.
  • Today, Enviva announced a new 10-year, take-or-pay off-take contract with an existing investment-grade Japanese customer that is utilizing biomass in its power generating facilities.
  • Enviva will host a webcast and conference call on Thursday, May 4, 2023 at 10:00 a.m. Eastern Time to discuss first-quarter results and the Company’s outlook.

Global Carbon Credit Market Report 2023: Rising Carbon Emissions Drives Growth

Retrieved on: 
Wednesday, April 19, 2023
Carbon, UK Emissions Trading Scheme, VCM, ETS, Policy, Segment, COVID-19, Aviation, Shock, Microsoft, Energy, GHG, European Union Emissions Trading System, Steel, Cooperative Mechanisms under Article 6 of the Paris Agreement, Government, NDC, Regional Greenhouse Gas Initiative, Amazon, Greenhouse gas emissions by the United Kingdom, Parity, Climate change, CCM, UK ETS, European Economic Area, EU ETS, RGGI, United Kingdom, Paris, Growth, Article, Renewable energy, Bank, Tourism, Tissue paper, EEA, EU, CORSIA

The global carbon credit market traded value was US$978.56 billion in 2022.

Key Points: 
  • The global carbon credit market traded value was US$978.56 billion in 2022.
  • At present, the overall carbon market is mainly characterized by the degree of regulation, namely the regulated compliance carbon market (CCM) and the unregulated voluntary carbon market (VCM).
  • The global carbon credit market has been growing over the past few years, due to factors such as the rising carbon emission, increasing corporate efforts in carbon offsetting, increase in adoption of net zero targets, increasing demand for natural climate solutions, establishment of CORSIA, etc.
  • Since the lack of governance and unified standards make it difficult for market participants to verify the quality of a given carbon credit, it became a hurdle for market growth.