Sustainable Energy Fund’s Post

April fast approaches when the price of carbon in #canada will take a step change from $65/t to $80/t in a steady march towards the $170/t target by 2030. I bring you an oped I wrote and published in PipelineOnline.ca on what my carbon tax exposure is. See it here https://lnkd.in/g5AfPHQK Brian Zinchuk #carbonpricing #dataanalytics #energy

"The new criteria on fossil fuel financing disclosures will require financial institutions to publicly disclose the extent of their financing of fossil fuel projects and companies each year. SBTi also included a table with criteria for when to disclose, halt, transition or phase out coal company or project financing. This also includes guidelines for when institutions should disclose, halt or transition from funding oil and gas companies or projects.  However, the guidelines do not recommend phasing out oil and gas financing at this time. Any fossil fuel transition targets are expected to cover a minimum of five years, and a maximum of 10 from the dates targets are considered for validation." #sbti #decarbonization

Explore GASB’s proposal to enhance usefulness and comparability by addressing identification and disclosure of subsequent events in this article from Forvis Mazars US: https://lnkd.in/eg-4CSEN

CM Biomass launches its first Environmental Report ✨ We’re proud to share our first Environmental Report, a key milestone in our commitment to the energy transition. The report highlights our scope 1, 2, and 3 emissions, certification standards, and ambitions for the future - showcasing how business innovation and environmental efforts go hand in hand. “CM Biomass’ commitment to maintaining our strong environmental profile while balancing our growth in both US and Asia is truly something we are proud of. And now, for the first time, we are excited to be able to showcase our endeavours with this report,” says Ask Michael Munck, interim CEO and Group CFO of CM Biomass. Explore insights into biomass’s role in the energy mix and more. 📖 Dive into the full report: https://lnkd.in/dHG_p7gZ

https://lnkd.in/e-KhDV6u CeraWeek 2024 If you actively lobby and see through that the wrong organizational forms and defensive measures ( re. derivative actions) are taken ( by governments, society and sector), Well than for sure, and if you wait a bit, the o so desired and needed true energy transition will fail, and has failed. Agreed. You could say: Well done BigOil, Seven Sisters! Can we be Proud of this achievement? Well, my practice thinks, believes and works a little different, and knows that we could have done so much better! It starts in our Boardrooms, a different working approach and a bit of Prudence and Imagination. more onto this: up and coming notes.

We’re proud to have partnered with API - American Petroleum Institute to bring this important message to life! Together, we created a video to help API educate the public on carbon capture and storage (CCS) — a groundbreaking solution for safe and sustainable energy transport.

DAILY MARKET REPORT - 06/08/2024 After plenty of bullish sentiment seen last week, this week started with an end to that momentum as a corrective move was seen with a soft start to get the week underway. Global concerns around the economy also shifted financial markets in a similar direction, and no further escalation in the Middle East in recent days may have influenced energy markets also. Yesterday saw the TTF Front Month contract settle at €35.50 (from €36.65) and the NBP Front Month contract at 87.05p (from 89.80p). Dvalin on unplanned outage this morning and we see a flow level at 351mcm (356) Russian nominations showing Velke Kapusany at 39.0mcm (40.2) and Sudzha at 42.4mcm (42.3). Nord Stream remains unavailable. EU gas storage showing at 85.97% full as per AGSI+. LNG vessels due to arrive in UK next couple of weeks is 0. This morning we see the Front Month TTF contract at €36, NO CHANGE to the previous settlement. A quick check on some key contracts (rounded to nearest whole): Curve TTF Front Month €36, Front Season €39 (vs €36 and €40) Curve NBP Front Month 87p, Front Season 101p (vs 90p and 104p) UK Gas NBP spot 78p (from 84p) UK Power DA £74 (from £60) UK power prices show the UK Front Month Baseload contract at £75 (£77) and Front Season at £87 (£89). In other areas of the market Brent Oil is at $76 ($77) and EUAs are at €69 (€71). Henry Hub is at $1.94 ($1.97) and JKM is at $12.45 ($12.52) with TTF Equiv of $11.42 ($11.75). Numbers in brackets show the previous reports value. We ask that you ‘like’ and use the ‘repost’ function rather than copy from our updates – thank you. More information about Auxilione can be found on our website at www.auxilione.com. #energy #gas #power #electricity #powergeneration #energystorage #lng #energyindustry #powerdistribution #markets #naturalgas #oil #oilgas #renewableenergy #oilandgas #oilandgasindustry #renewables #sustainability #solar

🎥 Founder & CEO, Talal Debs, joined Yahoo Finance to discuss how Zefiro is addressing #MethaneEmissions through innovative oil and gas well-plugging solutions and verified #CarbonOffsets. 👥 Hear his insights on the #environmental and economic impacts of tackling this potent #GreenhouseGas. Watch the full interview.

The Pipeline and Hazardous Materials Safety Administration (PHMSA) announced that it will start gathering data on hydrogen blending activities by natural gas pipeline operators in response to the surge in the demonstration projects looking at the blending of hydrogen as a 'zero-carbon fuel' in the existing gas transmission and distribution system. The PHMSA is also involved in the recent concern about CO2 pipes for carbon capture. According to this week's Maya Weber piece, "The agency stated that the data collection would enable PHMSA to identify hydrogen blending patterns that could guide future rulemakings."   According to the most recent comprehensive review conducted by S&P Global Commodity Insights, at least 39 hydrogen pilot projects have been launched since 2020, many of which have focused on pipeline blending.   The California Public Utilities Commission received an application from Southern California Gas and other California utilities on March 1st, seeking to develop a series of demonstration projects for "clean" hydrogen blending into the natural gas system. While the primary objective of these initiatives is to evaluate the safety and distribution and storage methods for hydrogen throughout the present gas infrastructure – these initiative must be met with efforts to lower the carbon intensity of current hydrogen production in an affordable manner.   To put it another way, depending on the carbon intensity of the hydrogen molecule, blending hydrogen gas/fuel with natural gas will either accomplish the desired decarbonization goal or not. For this reason, it is crucial that this process only becomes appealing when emissions are decreased, not just because it allows for the continued use of hydrogen that is currently derived from fossil fuels. The original PHMSA piece can be found below and or you can message me. SOCALGAS News: https://lnkd.in/gUp45tGy

Explore GASB’s proposal to enhance usefulness and comparability by addressing identification and disclosure of subsequent events in this article from Forvis Mazars US: https://lnkd.in/eSAV4dhK