emissions reduction News
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Drax Announces Carbon Removals Deal with Karbon-X
Carbon removals and renewable energy company Drax Group this week (March 28) announced a new carbon removals deal with Karbon-X, a leading environmental company. The agreement is the latest indicator of growing demand for high-quality carbon removals from bioenergy with carbon capture and storage (BECCS).Karbon-X will purchase carbon dioxide removals (CDR) credits from Drax representing 25,000 ...
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The Role of Biochar Machine in the Carbon Credit Market
As the world grapples with the escalating challenges of climate change, carbon credits have emerged as a powerful tool in the fight against greenhouse gas emissions. In this pursuit of a carbon-neutral future, innovative technologies like the biochar machine have gained significance as sustainable solutions that not only sequester carbon but also earn valuable carbon credits. In this article, we ...
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The business value of a climate program
Over the last decade, the environment in which businesses operate has been upended. Regulation, science, and ultimately a cultural shift have put climate action at the center of corporate responsibility. Through international agreements and national regulations, efforts led by governments and NGOs to combat climate change have expanded meaningfully—but success depends on the private ...
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S&P Global Platts Analytics: Huge Challenge to Move EU`s Climate Target from Aspirational to Actual
S&P Global Platts ("Platts"), the leading independent provider of information, analytics, and benchmark prices for the commodities and energy markets today issued analysis of EU's package of proposals for reducing greenhouse gas emissions by 55% by 2030. The S&P Global Platts Analytics analysis notes that while the European Union is leading the way in setting ambitious targets and trying ...
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Carbon Engineering launches new carbon dioxide removal service, with Shopify as its first customer
The service allows customers to reserve capacity from a Carbon Engineering Direct Air Capture (DAC) facility - providing the permanent removal of carbon emissions on their behalf Shopify is the first customer, reserving 10,000 tonnes of carbon removal capacity - the largest publicly-announced corporate purchase of DAC-based carbon removal to date A new carbon dioxide removal service has ...
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Carbon offsets
Harp BioDigesters reduce and eliminate harmful GHG emissions by limiting the oxidation of carbon during our proprietary waste conversion process, and by sequestering the carbon in the resulting soil product(s). We not only reduce waste volume and sequester carbon, but we also reduce waste transportation and the overall real estate area needed for landfills (or compost areas). We can thus provide ...
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IETA Welcomes Progress on CORSIA Emission Reductions Criteria
IETA welcomes the decision by the International Civil Aviation Organisation Council to approve a set of emissions units criteria — guidelines that will help determine eligible emissions units under the Carbon Offsetting and Reduction System for International Aviation (CORSIA). The text includes provisions to ensure delivery of real and verifiable emissions reductions, as well as preventing ...
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Environmental and Corporate Groups Urge Countries to Adopt Rules on Sound Carbon Accounting Under Paris Agreement
The International Emissions Trading Association, Environmental Defense Fund and a group of 40 companies, business groups and non-governmental organisations today issued the Katowice Declaration on Sound Carbon Accounting. Non-state actors are closely following the United Nations Framework Convention on Climate Change (UNFCCC) process as Parties to the Paris Agreement prepare to finalize the ...
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IETA Seeks Clear Rules for Market Mechanisms at COP24
IETA today publishes its priorities for the UNFCCC COP24 session which takes place in Katowice, Poland from December 2-14. This year’s meeting concludes a two-year process under which more than 200 countries have been developing high-level guidance for the implementation of the Paris Agreement. COP24 is expected to complete work on the so-called “Paris Rulebook”, a set of rules ...
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IETA statement on ICAO Council’s adoption of MRV Rules for Emissions Reductions
IETA welcomes the ICAO Council's adoption this week of monitoring, reporting and verification rules for its CORSIA global offsetting system. CORSIA, or the Carbon Offsetting and Reduction Scheme for International Aviation, is the first global sectoral emissions reduction system. Airlines will be required to calculate annually the emissions from their flights and buy carbon offsets equivalent to ...
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ALLCOT encourages everybody to celebrate Environment World Day through buying second hand products from OLX
The environment consultant ALLCOT and its partner in Romania, CARBON EXPERT, have signed an agreement with OLX Romania, a global online marketplace which facilitates buying and selling services and second hand goods such as electronics, furniture, household goods, cars and bikes, to celebrate Environment World Day. Specifically, a report has been carried out to know how many CO2 emissions have ...
By ALLCOT
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ALLCOT to develop a project in Senegal to reforest mangroves which will generate carbon credits
ALLCOT Group, a sustainability company that serves clients on three continents, will develop a project in Senegal to reforest mangroves that will generate carbon credits. The company plans to undertake a programme of several small projects (known as a Programme of Activities) in the regions of Casamance and Sine Saloum. ALLCOT has signed an agreement with Oceanium, a Senegalese ...
By ALLCOT
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Tempo Hotel Bucharest signs an agreement with ALLCOT to measure its carbon footprint, reduce and offset its emissions
Tempo Hotel Bucharest, an award-winning 3-star hotel located in the Bucharest city center, has signed an agreement with ALLCOT to measure, reduce and offset its annual carbon emissions. In 2015, Tempo Hotel Bucharest was responsible for generating 105tnsC02eq tCO2e (metric tonnes of carbon dioxide equivalent), mainly from heating and electricity consumption. Measuring its footprint, trying to ...
By ALLCOT
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MOVE Systems and ALLCOT develop first ever New York based carbon credit generation project and it is already officially registered
MOVE Systems International, LLC, a company which delivers safe and clean energy solutions to the mobile food industry, has commenced a joint venture with ALLCOT Group to develop the first ever carbon credit generation project based in New York City. The program is already officially registered with the Verified Carbon Standard (VCS) Program, the world’s leading voluntary GHG program. ...
By ALLCOT
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EU publishes damning report of emissions offsets, calling into question EU’s aviation climate strategy
The European Commission has published a damning study of carbon offsets, finding that 85% of the offset projects under the UN’s Clean Development Mechanism (CDM) to date failed in the objective of reducing emissions. Transport & Environment (T&E) said the aviation sector runs the risk of repeating these mistakes in the International Civil Aviation Organisation’s (ICAO) global ...
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MOVE Systems and ALLCOT sign agreement to develop first ever New York based carbon credit generation project
MOVE Systems International, LLC, a company which delivers safe and clean energy solutions to the mobile food industry, has begun a joint venture with ALLCOT Group to develop the first ever carbon credit generation project based in New York City. The main objective is to replace traditional food carts powered by noisy, pollution spewing gasoline generators with MOVE’s new state of the art ...
By ALLCOT
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Oil’s methane emissions higher than feared
Global methane emissions from oil production between 1980 and 2012 were far higher than previously thought – in some cases, as much as double the amount previously estimated, according to a new scientific study The reason for the discrepancy is simple. The author of the study − which also includes emissions of another gas, ethane − says it is the first to take into account ...
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How can a hotel turn sustainable and profitable at the same time?
"Hotels can save up to 18% on costs in four years if they implement an emission reduction plan". This was one of the data explained by Ignacio Sojo, Commercial Director of Allcot, during the lecture he gave at International Tourism Fair FITUR 2017 in Madrid about the efficient management of the hotels carbon footprint. The lecture, entitled “Reducing the environmental impacts and increase ...
By ALLCOT
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Aviation industry plans to curb emissions
The aviation industry has taken the first step towards limiting the ever-growing carbon dioxide emissions from aircraft in an attempt to reduce airline contributions to global warming. Delegates at the 39th congress of the International Civil Aviation Organisation(ICAO) in Montreal, Canada, have finalised what they called “an historic agreement”, which begins in 2020 to offset carbon ...
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Air quality: Environment MEPs call for tougher new national caps on pollutants
As air pollution is responsible for around 400,000 premature deaths in the EU yearly, Environment MEPs on Wednesday tightened up Commission plans and called for more ambitious national caps on emissions of six main pollutants, such as sulphur dioxide, particulate matter and nitrogen oxides in order to cut emissions by 70% across the EU and save €40bn in air pollution costs by 2030. MEPs also ...
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