European Union Emissions Trading System

Technological Advancements Revolutionize Emission Control Catalysts, Leading to Cleaner Air Solutions

Retrieved on: 
星期一, 十月 23, 2023

The global emission control catalyst market is poised for substantial expansion in the coming years, driven by several key factors.

Key Points: 
  • The global emission control catalyst market is poised for substantial expansion in the coming years, driven by several key factors.
  • These include an increasing preference for cleaner fuels, a growing awareness of the detrimental effects of air pollution, heightened environmental regulations, and significant technological advancements in the field.
  • One of the primary drivers of the global emission control catalyst market is the rising awareness of the adverse effects of air pollution on human health and the environment.
  • Technological advancements have significantly influenced the global emission control catalyst market.

STX GROUP ANNOUNCES NEW GLOBAL CARBON FUND

Retrieved on: 
星期一, 十月 16, 2023

LUXEMBOURG, Oct. 16, 2023 /PRNewswire/ -- STX Group, one of the leading providers of environmental commodities and corporate climate solutions, launches first investment fund in partnership with Funds Avenue S.A. and Vertis Environmental Finance. The fund named Vertis Global Carbon Fund will seek to catalyse further investments in carbon compliance markets.

Key Points: 
  • The first investment fund, Vertis Global Carbon Fund, is launched in partnership with Funds Avenue S.A. and Vertis Environmental Finance
    LUXEMBOURG, Oct. 16, 2023 /PRNewswire/ -- STX Group, one of the leading providers of environmental commodities and corporate climate solutions, launches first investment fund in partnership with Funds Avenue S.A. and Vertis Environmental Finance.
  • The fund named Vertis Global Carbon Fund will seek to catalyse further investments in carbon compliance markets.
  • The Vertis Global Carbon Fund will leverage on the expertise and experience of Vertis Environmental Finance, an ETS trading house with over 25 years of experience; and STX, one of the leading trading houses in the field of environmental commodities.
  • Vertis Global Carbon Fund is a response to the growing appetite for investments meeting the ESG criteria, while capturing price appreciation in the global carbon compliance markets.

STX GROUP ANNOUNCES NEW GLOBAL CARBON FUND

Retrieved on: 
星期一, 十月 16, 2023

LUXEMBOURG, Oct. 16, 2023 /PRNewswire/ -- STX Group, one of the leading providers of environmental commodities and corporate climate solutions, launches first investment fund in partnership with Funds Avenue S.A. and Vertis Environmental Finance. The fund named Vertis Global Carbon Fund will seek to catalyse further investments in carbon compliance markets.

Key Points: 
  • The first investment fund, Vertis Global Carbon Fund, is launched in partnership with Funds Avenue S.A. and Vertis Environmental Finance
    LUXEMBOURG, Oct. 16, 2023 /PRNewswire/ -- STX Group, one of the leading providers of environmental commodities and corporate climate solutions, launches first investment fund in partnership with Funds Avenue S.A. and Vertis Environmental Finance.
  • The fund named Vertis Global Carbon Fund will seek to catalyse further investments in carbon compliance markets.
  • The Vertis Global Carbon Fund will leverage on the expertise and experience of Vertis Environmental Finance, an ETS trading house with over 25 years of experience; and STX, one of the leading trading houses in the field of environmental commodities.
  • Vertis Global Carbon Fund is a response to the growing appetite for investments meeting the ESG criteria, while capturing price appreciation in the global carbon compliance markets.

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

Retrieved on: 
星期三, 八月 2, 2023

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: 
星期三, 七月 26, 2023

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.

EQRx Resets to Focus on Clinically Differentiated Medicines, Leveraging $1.3 Billion Cash Position; Reports First Quarter 2023 Financial Results

Retrieved on: 
星期一, 五月 8, 2023

ET

Key Points: 
  • ET
    CAMBRIDGE, Mass., May 08, 2023 (GLOBE NEWSWIRE) -- EQRx, Inc. (Nasdaq: EQRX), today announced plans to reset its business and reported financial results for the first quarter ended March 31, 2023.
  • “Going forward, EQRx will leverage its significant scale of capital and team of experienced ‘drug hunters’ towards developing clinically differentiated, high-value medicines,” said Melanie Nallicheri, president and chief executive officer of EQRx.
  • Cash Position: Cash, cash equivalents and short-term investments totaled $1.3 billion as of March 31, 2023.
  • EQRx estimates its year-end cash, cash equivalents and short-term investments position will be approximately $1.1 billion.

Global Carbon Credit Trading Platform Market Report 2023: Sector to Reach $479 Million by 2030 at a 21.2% CAGR

Retrieved on: 
星期六, 五月 6, 2023

DUBLIN, May 5, 2023 /PRNewswire/ -- The "Global Carbon Credit Trading Platform Market Size and Share Analysis by Type, System Type, End-use - Industry Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 5, 2023 /PRNewswire/ -- The "Global Carbon Credit Trading Platform Market Size and Share Analysis by Type, System Type, End-use - Industry Demand Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The worth of the carbon credit trading platform market was USD 103 million in 2022, which is predicted to touch USD 479 million by 2030, powering at a CAGR of 21.20% in the years to come, as stated by the report.
  • This is because power corporations are concentrating on innovative methods for reducing carbon emissions, such as smart electrical grids.
  • On its efforts of achieving this target by 2050, Singapore aims at increasing its carbon purchase rates in 2024.

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

Retrieved on: 
星期四, 五月 4, 2023

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: 
星期三, 四月 19, 2023

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.