Electric Power Supply Association’s Post

BPA has issued $76 million in green-certified revenue bonds to fund key transmission projects. These projects will enhance grid reliability, support electrification, and connect new carbon-free energy resources in the Pacific Northwest. “These green certified bonds are attractive to investors looking to fund projects that are helping to address the impacts of climate change,” said Executive Vice President and Chief Financial Officer Marcus Harris. “Anything we can do to lower interest costs for ratepayers is worth pursuing, and this green bond certification is no exception.” The bonds are certified green by the Climate Bonds Standard Board. https://lnkd.in/gmdB_uB2 #CleanEnergy #CleanEnergyFuture #GreenBonds #RenewableEnergy

The Inflation Reduction Act (IRA), passed by Congress on August 12, 2022, created important incentives for clean energy and equity-centered environmental investments. As part of IRA, the Methane Emission Reduction Action Plan (Action Plan) focuses on cutting methane emissions from the largest sources in the US, through regulatory actions, financial incentives, public and private partnerships, and transparency of actionable data. On January 31, 2023, the Biden Administration announced new actions in line with the objectives of the Action Plan to tackle methane emissions and support a clean energy economy. Many of these actions also include addressing Environmental Justice (EJ) issues, which has been a cornerstone of regulatory actions by this Administration. So, what is in the Action Plan and how will it impact the industry? Read the article below for #FurtherInsight

🔍 Demystifying CCL on Your Energy Bill: What You Need to Know Ever wondered what that "CCL" line item on your energy bill stands for? Let's shed some light on this often-misunderstood acronym. CCL stands for Climate Change Levy, and it's a government-imposed tax aimed at encouraging businesses to reduce their carbon emissions. But why does your company get charged for it? Here's the scoop: Environmental Responsibility: The Climate Change Levy is part of the UK government's efforts to tackle climate change by incentivizing businesses to lower their carbon footprint. By imposing a tax on energy usage, it encourages companies to adopt energy-efficient practices and invest in renewable energy sources. Revenue Generation: The revenue generated from the Climate Change Levy is used to fund environmental initiatives and support sustainable energy projects. It's a way for the government to reinvest in green technologies and promote a more sustainable future. Now, here's where I come in: As an experienced energy procurement manager, I can help your business navigate the complexities of energy pricing and minimize the impact of taxes like the Climate Change Levy. By obtaining a quote through me, you'll benefit from: Cost Optimization: I'll analyze your energy usage patterns and negotiate competitive rates with suppliers, helping you reduce overall energy costs and mitigate the impact of taxes like the CCL. Carbon Reduction Strategies: I'll work with you to develop tailored strategies for reducing your carbon footprint and qualifying for exemptions or discounts on taxes like the CCL. Regulatory Compliance: I'll ensure that your energy procurement practices align with regulatory requirements, helping you avoid penalties and stay ahead of compliance obligations. Don't let the Climate Change Levy weigh you down. Get in touch with me today for a personalized energy procurement solution that saves you money while supporting your sustainability goals. Let's make a positive impact together! 🌱💡 #EnergyProcurement #ClimateAction #SustainabilityLeadership

At Soil Solutions, environmental compliance is not just a component of our Sustainable Solutions; it's a cornerstone of our commitment to make a difference. We offer Environment Solutions – an expanding sector of paramount global importance. Soil Solutions is devoted to providing innovative solutions that reduce our environmental footprint and cut Carbon Emissions. Our integrated products, services, and technologies deliver vital environmental solutions for the mining and development sectors. Our Solutions are: Safer Smarter Simpler Cleaner Conservative of Water Cost-Effective Our products are eco-friendly and do not compromise safety for vehicles or workers. In a world where water conservation is critical, our solutions dramatically reduce water consumption, slashing dust control applications from several times a day to just 1-2 times a year, saving millions of litres of water. Our Soil Stabilization and Dust Control Solutions are highly effective, curbing Carbon Emissions, reducing pollution, and containing harmful PM 2.5 and PM10 airborne dust particles, creating safer and cleaner living environments. With our Intelligent Road Solutions, we construct sustainable roads that significantly reduce environmental impact, providing viable and cost-effective alternatives to asphalt, bitumen, and imported aggregate for road construction and improvement. This is just the beginning of our journey towards a more sustainable and environmentally responsible world. https://lnkd.in/djdfrWx5 #EnvironmentalSustainability #EcoFriendlySolutions #Innovation #intelligentsolutions #cabonreduction #greenmining #greenroads #climatechange #waterconservation #greenertogether

REMINDER: Join us THURSDAY, 1/25, at 9 a.m. ET to get insights from new modeling on how the US energy transition could be affected by the Inflation Reduction Act, proposed EPA rules, and cost increases. https://duke.is/jan25epusa In this webinar, Martin Ross, senior research economist at the Nicholas Institute for Energy, Environment & Sustainability, will discuss key findings from a recent Energy Pathways USA report. The report models the intersecting effects of the Inflation Reduction Act, clean electricity development cost increases, and the impacts of proposed US Environmental Protection Agency greenhouse gas regulations for fossil fuels. Energy Pathways USA is accelerating progress toward a net-zero carbon future by developing workable solutions with partners across multiple key industries. It is convened by the Nicholas Institute at Duke University in collaboration with the Energy Transitions Commission. Learn more: https://lnkd.in/g24yJ9bt #EnergyTransition #InflationReductionAct #GreenhouseGasEmissions #PowerSector #USEconomy #ClimateChange #CleanEnergy

For all the debate (which reached hysteria at some points) around the Australian Government's flagship emissions reduction policy, the Safeguard Mechanism earlier in the year, there has been remarkably little attention paid to recent analysis by RepuTex Energy which shows that it will result in minimal emissions reductions until close to 2030. This was always entirely predictable thanks to a parallel policy in Australia designed entirely to create a large supply of carbon offsets available to industry in Australia at a capped price (which I doubt will ever be reached given the sheer number of offsets being generated in Australia and development of new methods to ensure supply stays up). I find it genuinely surprising that Renewable energy/energy efficiency/decarbonisation proponents don't yet seem to see carbon offsets as competition to their business when that's exactly what they are. There seems to be the notion that carbon offsets are part of a 'suite' of decarbonisation tools, when they are are being used to delay and undermine decarbonisation in Australia, not complement it. Federal policy favours and de-risks carbon offsets and so that's where the investment is flowing. Treasurer Jim Chalmers this week conceded that Australia is going to struggle to meet its emissions reductions targets...and announced the development of a sustainable finance strategy designed to mobilise "the significant private capital required to achieve net zero, modernising our financial markets, and maximising the economic opportunities associated with our energy, climate, and sustainability goals” Money doesn't flow uphill and investment doesn't happen just because the government has said it will. There needs to be accompanying policy to channel it, and there needs to be a return for investors. Private capital flows to where the (risk adjusted) returns are highest ... if the returns from extracting gas or selling carbon offsets are higher than the returns for renewables or green steel then the private capital will flow accordingly. If the government really wanted capital to flow to decarbonisation it would develop policy accordingly - it would stop subsidising fossil fuels and start taxing their emissions, it would mandate absolute reductions over offsets . https://lnkd.in/ekDAMxYc via Mark Tilly Carbon Pulse

The Safeguard decline rate for 219 large emitters – which will deliver 200m tonnes of abatement by 2030 - is ambitious but appropriate, Minister Chris Bowen told CMI's Safeguard Symposium, held on Monday to mark the first anniversary of the reformed scheme. Our Chair, Dr Kerry Schott AO, pointed out in the AFR on the day of the Symposium that the Safeguard has three key features. First, it's legislated, so there can be no doubt about what it's intended to deliver. Second, the Safeguard delivers all this abatement without needing taxpayer funding. Third, the safeguard contains a carrot (in the form of Safeguard Mechanism Credits), as well as a stick. With special thanks to our event partners: Anthesis (Australia), RepuTex Energy and Energetics, as well as all participants and guests. See our media release for a full wrap up of the Minister’s address, and the pursuant expert panel discussions: https://lnkd.in/gu2Jt-sb   #safeguardmechanism #carbontrading #emissionsreduction #industrialdecarbonisation #netzero #carbonmarkets

Pulling water and carbon out of the air is one of the biggest opportunities over the next 10 years ... #sustainability #carbon #water #finance #investment #foodsecurity https://lnkd.in/gGQFgQmA

Last Friday, the Australian government announced critical updates to the Fixed Carbon Abatement Contract (CAC) exit rules, introducing measures that could significantly reshape market dynamics. 💡 Take a look at our CAC timeline to learn how these new regulations will affect ACCU availability and pricing in the broader context of Australian Carbon Pricing. 👉 Swipe through for an insightful analysis on what these developments mean for the future of the Australian Carbon Market. #AustralianCarbonMarket #CarbonCredits #ClimateAction #Sustainability #NetZero #ERF #CAC #ACCUs #EnvironmentalPolicy #MarketDynamics #CarbonPricing #EmissionsReduction Clean Energy Regulator Charlie Green Nina Dunn Lachy Ritchie Izzy Jensen

𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗖𝗹𝗶𝗺𝗮𝘁𝗲 𝗖𝗵𝗮𝗻𝗴𝗲 𝗟𝗲𝘃𝘆 (𝗖𝗖𝗟) 𝗶𝗻 𝘁𝗵𝗲 𝗨𝗞 The Climate Change Levy (CCL) is a tax on UK businesses' energy usage, aimed at encouraging energy efficiency and reducing greenhouse gas emissions. Introduced as part of the government's strategy to combat climate change, it applies to businesses across various sectors. 🔍𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗖𝗖𝗟? The CCL is charged on electricity, gas, and solid fuels. The rates vary annually and are designed to incentivize businesses to reduce their energy consumption and carbon footprint. 💰 𝗪𝗵𝗮𝘁 𝗗𝗼𝗲𝘀 𝗶𝘁 𝗖𝗼𝘀𝘁? CCL can be between 4-7% of your entire energy bill and can significantly impact businesses, especially those with high energy usage. 📉 𝗪𝗵𝗮𝘁 𝗖𝗮𝗻 𝗬𝗼𝘂 𝗗𝗼 𝗔𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝗖𝗼𝘀𝘁? Businesses can take several steps to manage and reduce the impact of the CCL: 𝗜𝗺𝗽𝗿𝗼𝘃𝗲 𝗘𝗻𝗲𝗿𝗴𝘆 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: Implement energy-saving measures and technologies. 𝗟𝗲𝘆𝘁𝗼𝗻'𝘀 𝗦𝘂𝗽𝗽𝗼𝗿𝘁: Partner with experts like Leyton to navigate CCL and identify opportunities for savings and efficiency. 🏢 𝗪𝗵𝗼 𝗶𝘀 𝗘𝗹𝗶𝗴𝗶𝗯𝗹𝗲 𝗳𝗼𝗿 𝗘𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻? Certain businesses and sectors can qualify for full or partial exemptions. Not only that, but you are also able to claim a rebate for the last 4 years if you have been paying for CCL during that period when you could have been exempt. If your business or a company you know could benefit from understanding and optimizing their approach to the CCL, get in touch with us at Leyton. We specialize in helping businesses navigate these regulations and uncover potential savings. #ClimateChangeLevy #Sustainability #EnergyEfficiency #InnovationFunding #Leyton #UKBusiness #RenewableEnergy #EnergySavings #Metallurgical #Mineralogical