• FrançaisFrançais
Impactant
  • Market insights
No Result
View All Result
  • Login
impactant.
  • Market insights
No Result
View All Result
impactant
No Result
View All Result
NextGen CDR Announces the Purchase of an Enormous 200K Mt Carbon Removal Credits.

NextGen CDR Announces the Purchase of an Enormous 200K Mt Carbon Removal Credits.

ImpactDigger by ImpactDigger
April 27, 2023
in Carbon market
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

You might also like

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

October 3, 2023
0
Vistech Services has been acknowledged for its exceptional security standards.

Vistech Services has been acknowledged for its exceptional security standards.

October 2, 2023
0

NextGen CDR Facility, a joint venture between South Pole and Mitsubishi Corporation, has purchased almost 200,000 tonnes of carbon removal credits from three separate projects: Summit Carbon Solutions, 1PointFive and Carbo Culture. The purchase represents one of the largest transactions in the CDR market to date, and is aimed at unlocking the potential for large-scale carbon removal. Sector analysts have warned that the current rate of global CDR operations will not be enough to meet the Paris Agreement’s 1.5°C climate goal. NextGen has not disclosed how many carbon credits will come from each of the three projects, nor their cost, but has indicated that it targets an average price of $200 per tonne across its 1m tonne portfolio. Alongside South Pole and Mitsubishi Corporation, NextGen is backed by founding buyers Boston Consulting Group, LGT, Mitsui O.S.K. Lines, Swiss Re and UBS.

Source link

ImpactDigger

ImpactDigger

Related Stories

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

by ImpactDigger
October 3, 2023
0
0

Vistech Services, a security company based in Middlesbrough, has achieved three gold standard certifications from the National Security Inspectorate (NSI)....

Vistech Services has been acknowledged for its exceptional security standards.

Vistech Services has been acknowledged for its exceptional security standards.

by ImpactDigger
October 2, 2023
0
0

Vistech Services, a security company based in Middlesbrough, has recently gained recognition for its commitment to high security standards. The...

It has been suggested that the forest carbon offsets used by companies such as Shell, Salesforce, and others are largely ineffective and of little value.

The request has been denied

by ImpactDigger
October 2, 2023
0
0

The content at the provided link cannot be accessed due to permission restrictions on the server. The reference number for...

In my opinion, if implemented effectively, China’s new voluntary carbon credit market has the potential to bring about significant changes.

In my opinion, if implemented effectively, China’s new voluntary carbon credit market has the potential to bring about significant changes.

by ImpactDigger
October 1, 2023
0
0

China's voluntary carbon market is set to become a major player in advancing regional efforts to achieve net-zero targets. The...

Next Post
IETA (International Emissions Trading Association) has refuted The Guardian’s claims that carbon offsets are “worthless”, stating that carbon offsets are an important tool for mitigating global climate change.

Rewording: The Evolution, Future and Significance of Carbon Credits - Live Trading News.

  • Market insights
Contact us for more info

© 2022 Mathieu - Enjoy my carbon intelligence tool 😉.

No Result
View All Result
  • Market insights
  • FrançaisFrançais
  • Login
  • Cart

© 2022 Mathieu - Enjoy my carbon intelligence tool 😉.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?