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Friday / November 22. 2024
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Fair Carbon aims to lower market growth barriers and bring diverse voices together worldwide to co-create solutions by leveraging their knowledge of the various barriers that prevent projects from maturing and scaling

Fair Carbon has launched the Blue Carbon Academy, aimed at protecting and restoring the world’s coastal and marine ecosystems. It is a nonprofit based in Switzerland.

The Blue Carbon Academy is a resource that aims to make blue carbon knowledge accessible to all and support global communities in accessing blue carbon finance for effective coastal and marine restoration.

According to a press release by Fair Carbon, time is running out to reverse climate change, biodiversity loss, and land degradation. Blue carbon, which refers to carbon captured by the ocean and marine ecosystems like mangrove forests, seagrass meadows, and salt marshes, promises to be a powerful ally in this fight.

Fair Carbon believes that creating a high-integrity blue carbon market can finance the protection and restoration of these critical ecosystems while also providing a means to fairly reward the stewards who manage these lands by selling certified, high-quality blue carbon credits.

Diana Denke, As co-founder and CEO explains, that Fair Carbon aims to lower market growth barriers and bring diverse voices together worldwide to co-create solutions by leveraging their knowledge of the various barriers that prevent projects from maturing and scaling, from technical complexity to policy and regulatory challenges and access to finance.

Fair Carbon aims to lower market growth

Diverse agribusiness will utilise Regrow’s platform for the soybean programme

Regrow Ag, the Agriculture Resilience Platform provider, and Bartlett, a Savage Company announced their partnership to advance sustainability commitments. The Regrow platform supports rigorous Scope 3 emissions analysis, and the ability to create actionable carbon reduction plans and track environmental outcomes on the farm level. Bartlett will use Regrow’s solution to determine county-level emissions factors for its soybean supply shed. The platform will also provide insights into current regenerative practice adoption, to assist Bartlett in designing programs to support more sustainable farming practices.

When its new soybean crush plant opens later this year in Montgomery County, Kansas, Bartlett will work with local farmers, cooperatives and commercial grain elevators to handle approximately 49 million bushels of soybeans annually at the facility, which has already begun accepting soybeans. By leveraging the insights from Regrow’s technology, Bartlett will be able to create sustainability strategies for soy oil and soy meal co-products, with data collection and reporting designed to meet evolving sustainability standards for biofuels and insetting programs. Analysing current practice adoption will also help Bartlett prioritize counties with the highest abatement potential.

Regrow combines industry-leading science and technology to help companies across the agriculture value chain measure, report, and reduce on-farm emissions, using aggregated field-level data to create a baseline. Using its soil carbon models and remote-sensing-based technology, Regrow will help Bartlett identify opportunities to support farmers by calculating high-precision emissions factors and other critical sustainability metrics.

Diverse agribusiness will utilise Regrow’s platform for

The funding will support Biodel AG’s commitment to accelerating the commercialisation of novel solutions aimed at enhancing soil health, optimising water utilisation, improving nutrient efficiency, and sequestering carbon emissions from the atmosphere

Biodel Ag, Inc., a regenerative agriculture company, announced closing its Series A financing round led by Pangaea Ventures Ltd, a renowned venture capital firm with a focus on advanced materials and clean technology. The funding will support Biodel AG’s commitment to accelerating the commercialisation of novel solutions aimed at enhancing soil health, optimising water utilisation, improving nutrient efficiency, and sequestering carbon emissions from the atmosphere. As part of this financing, Janelle Goulard, a respected partner at Pangaea Ventures, has joined Biodel AG’s board of directors.

Ben Cloud, CEO of Biodel AG, stated, “This strategic investment by Pangaea Ventures solidifies Biodel AG’s position as a leader in regenerative agriculture and underscores our unwavering dedication to addressing the urgent challenges of our time. Pangaea’s investment not only validates our vision but also equips us with the resources needed to expedite our commercial progress. We firmly believe that our biological agriculture products represent the most compelling and cost-effective solution for sequestering substantial volumes of CO2 and other greenhouse gasses from our atmosphere while revitalising depleted soils.”

The agricultural practices of the 20th century have had detrimental effects on our soil, transforming it into mere dirt, depleting crucial soil microbes and carbon content, and impeding the capacity of plants to absorb water and nutrients due to salt accumulation. Vibrant, healthy soils require less water, and reduced fertiliser inputs, promote a sustainable food supply, and play a pivotal role in capturing atmospheric carbon. Biodel AG is dedicated to reestablishing sustainability within our food supply chain while enabling the sequestration of greenhouse gasses through cutting-edge biological products, ultimately revitalising soil health and functionality, and bolstering plant vitality.

“We recognise the immense value of Biodel AG’s innovative regenerative agriculture solutions, which promise to rebuild the earth’s depleted soil and its biodiversity in order to reverse climate change,” said Janelle Goulard, Pangaea Ventures partner. “Funding will enable Biodel AG to accelerate its transformative work, further solidifying the company’s role in building a sustainable future.”

The funding will support Biodel AG's commitment

As part of the agreement, an additional 84 million restricted shares of DUTV were authorised and are being placed into Escrow

Digital Utilities Ventures, Inc (DUTV), has announced the execution of an agreement with Feed Earth Now, LLC, a privately owned limited liability company of Skokie, IL, in which, as part of the agreement, DUTV will become the majority shareholder. Also, as part of the agreement, an additional 84 million restricted shares of DUTV were authorised and are being placed into Escrow.

For the last 10 years, Feed Earth Now, LLC (FEN) have been developing a revolutionary, proprietary soil microbe formula (Terreplenish) from food waste that absorbs plant-available nitrates through absorbing atmospheric N2, and other beneficial microbes that thrive in soils and assist with enhanced plant growth and disease control while releasing tied up legacy phosphorus already in the soil.

This Terreplenish microbe formula in essence pulls 1/3 of the much-needed fertiliser for agricultural crops from the air, versus requiring it to be manufactured in large factories utilising CO2 emitting fossil fuels. The Terreplenish Microbial product has been commercially available in limited quantities to end-use customers for several years. 

Mark Gaalswyk, CEO of Easy Energy Systems, Inc, observed the technology and then developed a factory built Modular System to fully automate the entire process of making the Terreplenish microbe product from green waste material.  

As part of the agreement, an additional

Summit Carbon Solutions has partnered with 32 ethanol plants across the states of Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, to develop the largest carbon capture and storage project in the world

A new study shows that Summit Carbon Solutions’ proposed carbon capture, transportation, and storage project will create jobs, generate new tax revenue for local communities, support local suppliers, and strengthen the Midwest regional economy. Ernst & Young, a global leader in accounting and professional services, conducted the study.

Summit Carbon Solutions has partnered with 32 ethanol plants across the states of Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, to develop the largest carbon capture and storage project in the world. This multi-billion-dollar infrastructure project will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year, while opening critical new markets for ethanol producers and bolstering the bottom line of corn growers.

“From the outset of this project, Summit Carbon Solutions has been committed to driving the future of agriculture by expanding economic opportunities for ethanol producers and by strengthening the marketplace for farmers in the Midwest,” said Jake Ketzner, Summit Carbon Solutions Vice President of Government and Public Affairs. “In addition to those benefits, the latest analysis shows the overwhelmingly positive impact of this multi-billion-dollar private investment, including the creation of thousands of new high-quality jobs, the utilisation of local suppliers and main street businesses, and tens of millions of dollars in new tax revenues that will help local communities fund our roads, hospitals, first responders, and more.”

Summit Carbon Solutions will strengthen the corn market and, by extension, positively impact the economy in all of the counties and communities across the Midwest. The report from Ernst & Young also includes county-level data showing the company’s total investment and the forecast for incremental annual property taxes generated.

Summit Carbon Solutions has partnered with 32

Summit Carbon Solutions will primarily capture CO2 from ethanol plants and other industrial sources in Iowa, Nebraska, Minnesota, North Dakota and South Dakota

Summit Carbon Solutions has recently announced a strategic investment from Continental Resources, to create the largest carbon capture and sequestration project of its kind in the world.

Continental Resources will commit $250 million over the next two years to help fund the development and construction of the project’s associated capture, transportation, and sequestration infrastructure, while also leveraging its operational and geologic expertise to help ensure the safe and secure storage of CO2.

Summit Carbon Solutions will primarily capture CO2 from ethanol plants and other industrial sources in Iowa, Nebraska, Minnesota, North Dakota and South Dakota. The CO2 will be aggregated and transported to North Dakota via pipeline, where it will be safely and permanently sequestered in extensively researched subsurface geologic formations.

The project has commitments from 31 partner ethanol facilities to deliver more than 8.0 million metric tons per annum (MMtpa) of CO2, with initial pipeline capacity of 12.0 MMtpa, and expansion capabilities to handle up to 20.0 MMtpa.

Recognising the significant growth in demand for low carbon fuels, Summit began developing plans for the project and its partnerships with ethanol producers in 2019. By leveraging decades of experience and relationships across the biofuels and agriculture industries, Summit Carbon Solutions was launched in early 2021, and is on track to achieve its target of being operational in the first half of 2024.

“Summit and Continental have a shared vision to produce clean and cost-effective energy for all Americans. This project will be transformational for the ethanol and agriculture industries and will have a substantial economic impact across the Midwest,” said Bruce Rastetter, CEO of Summit Agricultural Group.

Summit Carbon Solutions will primarily capture CO2

The new Vita products support manufacturers in maximising the bio-based carbon content of crop formulations

Clariant has unveiled its new Vita 100 per cent bio-based surfactants and polyethylene glycols (PEGs) to help directly address climate change by helping remove fossil carbon from the value chain. The introduction of 100 per cent bio-based surfactants and PEGs significantly expands Clariant’s Vita designated ingredients.

Vita products are based on renewable feedstocks and have at least 98% Renewable Carbon Index (RCI). It is just one example of its commitment to provide low carbon footprint solutions to customers and Greater Chemistry – between people and the planet.

Christian Vang, Global Head of Business Unit Industrial & Consumer Specialties, Clariant. “Switching to bio-based carbon chemistry remains a big challenge for manufacturers and by launching the Vita surfactant and PEG range we are offering them an important new solution to achieve this.”

Designed for natural formulations targeting a high Renewable Carbon Index (RCI), the new Vita products support manufacturers in maximising the bio-based carbon content of crop formulations.

Clariant uses 100 per cent bioethanol derived from sugar cane or corn to create ethylene oxide for its innovative new surfactants and PEGs. The bio-based material is fully segregated along the value chain from the field to the final consumer product. Because only bio-based feedstocks are used, the ingredients have significantly lower carbon footprints than their fossil-based counterparts. The Vita surfactants are CO₂ emissions savers: they can help save up to 85 per cent of CO₂ emissions compared to their fossil analogues.

The new Vita products support manufacturers in

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world

Summit Carbon Solutions has announced a new partnership with Northern Plains Nitrogen (NPN) in its carbon capture and storage project, which is focused on decarbonising the agriculture and biofuels industries.

NPN is developing a world-scale blue ammonia plant near Grand Forks, North Dakota, which will supply a range of low carbon nitrogen-based fertilizer products to farmers in under-served markets in the northern United States and Canada.  The project site has been acquired and necessary permits have been received to begin site work.

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world, which will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year.

“NPN and Summit Carbon Solutions share the same goal of lowering the carbon footprint of agriculture while supporting farmers,” said Jim Pirolli, Chief Commercial Officer of Summit Carbon Solutions. 

NPN will capture 500,000 tons per year of carbon dioxide emissions, which Summit Carbon Solutions will transport and store permanently in central North Dakota. 

North Dakota Governor Doug Burgum said, “As the first state in the nation to achieve primacy over carbon capture permitting, North Dakota is well-positioned to lead the nation in carbon capture, utilisation and storage. We’re grateful for this investment by Northern Plains Nitrogen and Summit Carbon Solutions as we seek to grow our agriculture, energy and bio-fuels industries with environmental stewardship and positive economic impact for generations to come.”

Summit Carbon Solutions is developing the largest

The country needs to take multitude approaches to address COP 26

While addressing a webinar on ‘Climate Change: Challenges and Response (for Scientists & Technologists)’, Dr Akhilesh Gupta, Sr Adviser Department of Science & Technology (DST), Government of India highlighted that, “India needs to take multitude of approaches to address COP 26 (Cooperation of Partnerships 26) announcements made recently by the Prime Minister Narendra Modi.”

The 5-day online training programme at the Centre for Disaster Management (CDM), Lal Bahadur Shastri National Academy of Administration (LBSNAA), Mussoorie, is being supported by DST.

“Bringing economy’s carbon intensity down to 45 per cent by 2030 is achievable with some major initiatives on Electric vehicle and green Hydrogen energy. Fulfilling 50 per cent of India’s energy requirement through renewable energy by 2030 is also achievable as India already achieved 40 per cent share of renewable energy. Reducing 1 billion tonnes of carbon emissions by 2030 is challenging as India will have to cut down its carbon emissions by nearly 22 per cent. The biggest challenge for the country is to achieve carbon neutrality by 2070, which would entail scaling up of renewable energy production by several-fold.” Added Dr Akhilesh Gupta.

Dr Gupta informed that according to the Climate Change vulnerability ranking of states carried out by DST, the 8 most vulnerable states are Jharkhand, Mizoram, Orissa, Chhattisgarh, Assam, Bihar, Arunachal Pradesh, and West Bengal – all in the eastern region, and there is a direct relationship between poverty and low HDI with the vulnerability of a place.

The country needs to take multitude approaches

Alibaba Group targets 50 pr cent carbon intensity reduction for Scope 3 by 2030

Alibaba Group Holding Limited has announced a pledge to achieve carbon neutrality in its own operations by 2030 and introduced a Scope 3+ target, a pioneering initiative aiming to facilitate 1.5 gigatons of decarbonisation across its business ecosystem by 2035. Details about its goals, including thinking and definition of the newly introduced concept of Scope 3+, are shared in the inaugural Alibaba Carbon Neutrality Action Report. Alibaba aims to provide updates annually with progress verified by accredited auditors.

“We aspire to be a force for positive, innovative change in society. Our ESG strategy is predicated on our mission to be a good company that will live for 102 years and it is the vital foundation for Alibaba’s future development,” said Daniel Zhang, Chairman and CEO of Alibaba Group. “We will leverage our unique influence as a platform operator to mobilize actions and behavioural changes among consumers, merchants and partners in China and around the world with our newly proposed Scope 3+ target of reducing 1.5 gigatons of carbon emissions by 2035.” 

Alibaba Group is committed to carbon neutrality for Scope 1 and 2 emissions by 2030, and has set a 50 per cent carbon intensity reduction target for Scope 3 by 2030 using 2020 levels as baseline. Alibaba Cloud will bear responsibility for a higher Scope 3 target and aims to achieve carbon neutrality by 2030 in all three scopes. 

Alibaba will adopt a systematic and science-based approach to plan and manage decarbonisation initiatives. It includes leveraging energy-saving and efficiency-improving technologies to reduce emissions; actively transforming the energy structure with progressive use of renewable’s; and exploration of carbon removal initiatives. As a general principle, the company prioritises carbon reduction over removal, and removal over offset. 

Alibaba Group Holding Limited has announced a