As reported earlier, Exxon pledged to reach net-zero carbon emissions from its global operations by 2050. In a statement, Exxon’s Chairman and CEO, Darren Woods, “We are developing comprehensive roadmaps to reduce greenhouse gas emissions from our operated assets around the world.” Woods went on to say, “Where we are not the operator, we are […]
Deutsche Börse and Guangzhou Futures Exchange (GFEX) have signed a Memorandum of Understanding (MoU) to facilitate carbon markets across China and Europe. They will now explore green finance product and service development opportunities together. What are carbon markets and why are they so popular? Companies purchase carbon credits through the carbon marketplace to offset GHG […]
The article below was written by Lawson Steele – Joint Head of Carbon & Utilities Research at Berenberg Bank. He has been in the carbon game since 2004 and it was published on his LinkedIn page on January 20, 2022. Overview I thought it high time to write an in-depth article on my favourite […]
The Abu Dhabi Global Market (ADGM) is the first international financial center in the world to be carbon neutral. They achieved this goal through the use of carbon credits. What are carbon credits? How did carbon credits help ADGM become carbon neutral? If you are not sure what carbon credits are, they are pretty simple […]
OPIS, an IHS Markit company (NYSE: INFO), has expanded its Global Carbon Offsets Report. It now includes a Carbon Neutral Fuels Index (OPIS CNFI) and a Core Carbon Credits (OPIS CCP) assessment. In a statement, Fred Rozell, President of OPIS said that “Price clarity is imperative for negotiating a fair and competitive premium to existing […]
To transition to a low-carbon economy, the London Stock Exchange (LSE) is developing a new Voluntary Carbon Market (VCM). The market will: Create capital for new climate projects worldwide; and Provide access to high-quality carbon credits for companies and investors. According to LSE’s CEO Julia Hoggett, by “raising the profile of the public listed fund […]
Carbon Markets 101 A carbon market allows investors and corporations to trade both carbon credits and carbon offsets simultaneously. This mitigates the environmental crisis, while also creating new market opportunities. New challenges nearly always produce new markets, and the ongoing climate crisis and rising global emissions are no exception. The renewed interest in carbon markets […]
Carbon offsets rating provider Sylvera has raised $32.6M in Series A funding. Index Ventures and Insight Partners co-led the round. Salesforce Ventures, Local Globe, and angel investors also participated. Since its founding in 2020, Sylvera has raised $39.5. The carbon credit industry is booming. The demand for carbon credits is at an all-time high. In […]
Key Points: These “carbon stocks” are doing their part to achieve a net-zero world. And catching investors’ attention. KRBN, NETZ, OFSTF and BEP are stocks in focus in rising carbon markets. An infographic version of this post can be found here or by clicking the image below. As most of you are probably aware, 2021 […]