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Long-Term Carbon Offsets Outlook 2023

3BL Media

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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A Science-Based Determination: The Fastest Path to Decarbonizing Buildings Is a Digital Technology-First Approach

3BL Media

With 37% of global CO2 emissions coming from buildings, it is crucial that buildings are decarbonized in the race to meet science-based climate targets. The most significant opportunity to accelerate carbon reduction in the building sector is to retrofit existing buildings. It’s the fastest path decarbonizing buildings.

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bp Invests in Aviation Decarbonization Solutions Provider CHOOOSE

ESG Today

Climate tech startup CHOOOSE announced today the launch of a new partnership with energy giant bp, aimed at enhancing its decarbonization solutions for the aviation industry, and helping airlines to meet their sustainability obligations. As part of the partnership, bp is making a strategic investment in CHOOOSE.

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Can Shell help pilot a new era of sustainable aviation?

GreenBiz

Along the way, I’ve spoken with airline consultants, fuel producers, carbon offset experts and industry critics, as well as with Shell executives, to understand the technologies and market drivers that could, over time, enable aviation to align with other industries in meeting the terms of the 2015 Paris climate agreement.

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Pioneering Offsets and Carbon Removal Technologies To Address Aviation’s Residual Emissions at American Airlines

3BL Media

Originally published in American Airlines' 2023 Sustainability Report Voluntary Carbon Markets Aviation is regarded as one of the sectors that is hardest to abate in terms of climate impact. American also partners with Cool Effect, a leading nonprofit provider of carbon offsets, to give our customers the opportunity to purchase offsets.

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Qualcomm's Commitment to Net-Zero Global Operational Emissions by 2040

3BL Media

Our strategy to meet these targets includes transitioning to renewable energy via long-term Power Purchase Agreements (PPAs) in regions where we have the greatest footprint, decarbonizing our operations, working with suppliers to reduce their emissions and a minimal amount of Renewable Energy Credits (RECs) and carbon offsets for residual emissions.

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Blackstone Announces $400 Million Investment in Xpansiv, the Leading Global Carbon and Environmental Commodities Exchange Platform

3BL Media

DESCRIPTION: NEW YORK and SAN FRANCISCO, July 12, 2022 /3BL Media/ – Blackstone announced today that funds managed by Blackstone Energy Partners (“Blackstone”) have committed $400 million to lead a strategic investment in Xpansiv Limited (“Xpansiv”), the premier market-infrastructure platform for global carbon and environmental commodities.