BayoTech Hydrogen的动态

In a comprehensive member survey, the Renewable Carbon Initiative collected ideas and opinions on what is needed to enable the transition from fossil to renewable carbon in Europe. The feedback paints a clear picture and is a call to action https://lnkd.in/g2HmsdbQ Scope3

Carbon capture and storage (CCS) perpetuates business as usual, it doesn't represent the paradigm shift we need for energy production. Subsidising the oil and gas industry to clean up their own mess doesn't make sense. If they think this is a good idea, let them invest some of their healthy profits in it. And invest our money in developing energy storage technology to bridge the gaps in renewable electricity production. https://lnkd.in/eDTG5MyN

??????????’?? ???????? ????????: ?? ???????? ?????????????? ????????-?????????????????? ???????????? ?????????????? ?????? ?????? ?????????????????? The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced that carbon credits issued under existing renewable energy methodologies will no longer receive its Core Carbon Principles (CCP) designation. This affects nearly a third of the voluntary carbon market, emphasizing the need for high-integrity carbon credits. ??????????????????: o??The exclusion of renewable energy-based credits is rooted in the principle of “additionality,” ensuring only projects that genuinely need carbon credit revenues for viability are included. o??ICVCM’s decision aims to build a robust and trustworthy carbon market, channeling significant finance to the Global South for genuine climate solutions. o??While current methodologies are excluded, ICVCM is open to reviewing more rigorous renewable energy methodologies, particularly in regions where renewable energy deployment is costly or challenging. ?????? ???? ??????????????: o??This move strengthens the alignment of carbon markets with ESG principles, ensuring that carbon credits truly contribute to climate mitigation. o??Carbon Trading and Offsets: By setting high standards, ICVCM enhances the credibility and effectiveness of carbon trading and offsets, crucial tools for companies striving to meet their ESG targets. o??The decision supports the decarbonization of energy grids in least developed countries, fostering sustainable development and climate resilience. As ICVCM continues to set and uphold global standards, the voluntary carbon market stands to become a more effective and reliable mechanism for driving real environmental change. How should renewable energy projects evolve to meet the stringent criteria of high-integrity carbon markets? #CarbonMarkets #ESG #ClimateAction #SustainableFinance #RenewableEnergy #CarbonOffsets #HighIntegrity #GlobalSouth #Decarbonization https://lnkd.in/dKZaQRQX Disclaimer: The Content in this post is for informational purposes only derived from references and does not constitute any professional advice. We do not claim ownership of any data or Information referenced.

This article explores how renewable gases are working in Australia's decarbonisation efforts. Look at the vision and innovative strategies that are shaping a sustainable future. Read more: https://lnkd.in/gvGxuE9W #renewableenergy #sustainability #decarbonisation #cleanenergy

???? 32% of Voluntary Carbon Market affected by the high-integrity CCP? label???? The Integrity Council for the Voluntary Carbon Market (ICVCM) recently dropped a bombshell: current renewable energy methodologies won’t make the cut for the coveted high-integrity CCP? (Core Carbon Principles) label. ???? So, what does this mean for the voluntary carbon market? Let's dive in: Rejected Methodologies ?? Eight renewable energy methodologies got the boot! ?These methodologies didn’t meet the CCP Assessment Framework’s requirements on additionality. (Translation: They didn’t prove the projects wouldn’t have happened without carbon credit revenues.) ?? A whopping 236 million unretired credits are affected, making up a hefty 32% of the voluntary carbon market. ?? Gold Standard and Verra, some of the big names in the field, are impacted. Approved Methodologies ??But it's not all doom and gloom! ? The ICVCM approved a methodology for detecting and repairing methane leaks in gas systems (LDAR), covering 19 million unretired credits (2.6% of the market). ??An updated version of a previously approved landfill gas (LFG) methodology also got the green light. ??In June 2024, four LFG methodologies and three for destroying ozone-depleting substances (ODS) were approved, covering 8 million unretired credits. Future Assessments ?? What’s next? ??ICVCM is busy assessing other popular carbon credit types, like REDD+, Jurisdictional REDD (JREDD), and clean cookstoves. ??They’re open to reviewing more rigorous renewable energy methodologies once developed. Impact and Goals Why should you care???♂? ??ICVCM aims to build a high-integrity carbon market to fund climate solutions and finance the Global South. ??They emphasize that companies should prioritize decarbonizing their value chains and use carbon credits as a supplementary measure. ??Their goal? Ensuring carbon credits deliver genuine emissions reductions and positive social and environmental benefits. Governance and Standards ?? Setting the bar high! ??The CCPs provide a global benchmark for high-integrity carbon credits, ensuring transparency, accountability, and quality. ??ICVCM is all about continuous improvement programs to strengthen methodologies and standards over time. ??ICVCM’s latest decisions reflect a commitment to enhancing the integrity and effectiveness of the voluntary carbon market. They’re ensuring it contributes meaningfully to global emission reduction goals and supports sustainable development. ???? Source Article: https://lnkd.in/gZf_YG73! ?? #CarbonCredits #RenewableEnergy #Climate Kavita Prakash-Mani The Integrity Council for the Voluntary Carbon Market (ICVCM) UN Global Compact Network Singapore Terence Tan Carbon Pricing Leadership Coalition ??????

By 2030, global #ewaste is expected to reach 74 million metric tons, yet less than 20% is recycled, leaving valuable materials in landfills. Green World Sourcing Solutions is changing this by recovering critical raw materials from discarded electronics, reducing waste and supporting sustainable industries. ? Renewable Energy Needs Raw Materials: Solar PV and #windturbines rely heavily on materials like steel, copper, and aluminum: ?? Steel accounts for 6-8% of investment costs for both solar and wind. ?? Copper is 1-2% of costs; aluminum, about 5-6% for PV systems. COVID-19 supply chain disruptions spiked raw material prices, raising PV and wind project costs by 20%, but stabilization is bringing renewables within reach again. ? Falling Solar PV Costs & E-Waste’s Role: Global solar PV module prices dropped 60% between 2022-2024. Efficient e-waste recycling by Green World recovers valuable materials like copper and aluminum, helping stabilize costs and expand renewable energy accessibility. ? Wind Turbines & E-Waste Contribution: While wind turbine prices rose 10% due to supply chain challenges, Green World’s focus on e-waste helps ease costs for materials like steel and copper, key for wind turbine production. ? Driving a Circular Economy: Green World turns e-waste into a resource, contributing to lower renewable energy costs. E-waste recycling has already led to a 10% drop in the levelized cost of electricity (LCOE) for solar PV in 2024, with onshore wind farms in China potentially seeing a 15% LCOE reduction. At Green World Sourcing Solutions, we transform e-waste into sustainable solutions, making renewable energy cost-effective and eco-friendly. #EWasteRevolution #SustainabilityMatters #CircularEconomy #RenewableEnergy #SolarPV #WindTurbines #RecyclingInnovation

Why Do We Need Liquid Gases? Liquid Gas Europe underscores the need for a technology-neutral approach to CO2 reduction, advocating for diverse solutions like renewable liquid gases such as bioLPG and carbon DME in achieving a 90% reduction in CO2 emissions by 2040. Renewable liquid gases offer a cost-effective and versatile pathway for decarbonization, particularly in rural areas and transportation, contributing to the overall transition to a low-carbon society. Read More: https://lnkd.in/dBdaxMM3 #LiquidGases #EnergyTransition

Pending updates to the Greenhouse Gas Protocol (GHG Protocol) may change how companies can utilize Renewable Energy Certificates (RECs) to account for scope 2 emissions. As a result, companies that rely on RECs run the risk of investing in an outdated solution amid increasing demands for credible environmental responsibility from customers, investors, employees, and other stakeholders. Enter Climate Vault. Read our blog at https://hubs.la/Q02r5vMQ0 to learn how our approach to carbon reduction + removal is accurate, durable, and irrefutable, while addressing an organization’s scope 1, 2, and 3 emissions comprehensively. #VaultIt #Decarbonization #ClimateAction #Sustainability

Big news in the energy industry this week... ?? Woodside Energy has signed an agreement to acquire OCI Global's Blue Ammonia project, marking a significant move in the transition towards cleaner energy solutions. But what does this mean for the future of energy? As the world accelerates its shift to sustainable energy, major players in the industry, particularly energy companies, will have massive potentials for global impact. Energy companies are often villainised for their environmental impact, but our modern society leans on them - and ultimately, they hold the key to driving a sustainable future. So, can energy companies save the planet? The path forward is clear: transitioning to cleaner, more sustainable solutions is essential. But solutions need to have existing infrastructures in place, and present an economically viable solution. This is where clean ammonia comes into play With new innovations allowing for reduced carbon production of Ammonia, Ammonia is stepping up as a huge super-leverage-point in the global climate transition; with applications such as fertilizer, shipping and as an energy vector. By acquiring clean ammonia facilities, companies like Woodside are not only diversifying their energy portfolios but also positioning themselves as leaders in the clean energy transition. This strategic move allows them to utilise existing pipelines, storage facilities, and other infrastructure, minimising the need for new, capital-intensive investments. To read more about the Woodside blue ammonia contract: https://lnkd.in/eFzQMu7u To read more about Ammonia as an energy vector: https://lnkd.in/eQxQDEGJ #ammonia #energy #cleanenergy #greenammonia #blueammonia #cleanammonia #carbon #carbonless #fuel #carbonlessfuel #alternativefuel #altfuels #energytransition #netzero #reducecarbon #environment #climate #news #energynews

SaurEnergy Explains- Credibility Challenge for the #CarbonCredit Market On today’s episode of why we can’t have good things easily, carbon credits get to be in the limelight. Originally proposed in 1997 with the Kyoto Protocol as a way for companies to fund the development of #renewable and carbon-offsetting projects, carbon credits utilize third party firms who sell carbon credits and use the money to fund renewable projects.