LoCI Controls, Inc.’s Post

It has been great to work with ACR at Winrock International to develop a carbon credit standard which recognizes the impact of using LoCI's real-time data and control technology to increase methane capture and reduce harmful emissions from landfills, one of the largest sources of methane emissions. It is gratifying that leading international organizations including the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) and now The Integrity Council for the Voluntary Carbon Market (ICVCM), have recognized the integrity, permanence, and impact of LoCI and ACR's methane emission reduction voluntary carbon credits. #technology #sustainability #climatechange

#SBTI is taking steps into the right direction by revising their earlier directive-allowing companies to offset their Scope 3 Carbon Emissions by #Carbon credits #climatechange #climateaction #Sustainablity #netzero #scope3 #scope3supplychain #carboncredits

At an enjoyable Carbon Capture and Storage Association event recently hosted by Aker Carbon Capture, I was asked what is the most important thing for CCS for 2024. Not surprisingly, given pipeline deals are already progressing, I emphasised Non Pipeline Transport; getting CCS going for companies not lucky enough to be located by an existing CCS pipe....... https://lnkd.in/eb5kvnP6

There has been a lot of recent enthusiasm on Carbon Capture and Utilization (CCU) as a decarbonatization lever, but what is the viability as a scalable solution? Unsurprisingly, a clear business case for end use is critical for meaningful adoption.

The highlights video from the CCSA's fourth Member Discussion Forum is now available. The event took place on the 1st of February, hosted by Aker Carbon Capture. We asked our panellists the following questions: 1️⃣ Why is CCUS so important to reach net zero and to decarbonise sectors such as energy from waste? 2️⃣ What is the key action that is needed this year to deliver CCUS in the UK and Europe? Thank you to our panellists for their engaging insights: 🔹 Ruth Herbert, Chief Executive at the CCSA 🔹Karl Smyth, Director, External Affairs & Strategic Policy at enfinium 🔹Ole Henrik Ree, Industry Lead at Microsoft Norway 🔹David Phillips, Head of Capital Markets & New Market Strategy at Aker Carbon Capture 🔹Jannicke Gerner Bjerkåsås, Director of CCS & Carbon Markets at Hafslund Oslo Celsio 🔹Paul Davies, Director, Coalition for Negative Emissions & 7CO2: The Severnside Carbon Capture and Shipping Hub 💻Check out Aker Carbon Capture's blog, How carbon removals can enable CCS business cases in Europe today, by Nicolai Mykleby-Skaara, Policy Advisor at Aker Carbon Capture. 🔎 The blog explores how carbon removal technologies like bioenergy with carbon capture and storage (BECCS) can facilitate the development of CCS business cases in Europe by leveraging innovative business models and policy incentives to achieve carbon neutrality objectives. Read the blog here: https://lnkd.in/eRnMUyj8 Watch the highlights video here: https://lnkd.in/e9XVnKbY #CCUS | #CarbonCapture | #NetZero | #BECCS

The detail will be interesting but on face value, its very significant not only for providers of carbon credits, but also for smaller companies in value chains who can expect more focus and questions from corporate customers in relation to their CSRD reporting requirements. #carboncredits #carbonoffsets #CSRD #scope3

Yesterday, I moderated a panel on behalf of the CCS+ initiative at the IETA #EuropeanClimateSummit exploring the role of the CCS+ carbon accounting framework in bridging voluntary and compliance carbon markets. First of all, big kudos to Katie Sullivan, Pierra-Lisa Spafford and the rest of the IETA team for putting together an excellent conference. Also, a big thanks to my panellists, representing some of the biggest players in the carbon space: 1) Will Barrett, VP Product Development at 1PointFive - building the largest DACS plant in volume of removals 2) Benedicte Caroline Storebø, BD Advisor at Northern Lights JV - building the largest commercial CO2 storage infrastructure project for biogenic and fossil emissions 3) Ian Kuwahara, Director, Energy and Industrial Innovation Verra - the largest carbon crediting program in the world The event was timely, with the latest EU #CRCF Expert Group meeting just ending (see Eve Tamme and Sebastian Manhart for useful recaps). It is more important than ever that we discuss how carbon accounting protocols for durable CDR under VCM Standards interface with emerging government-driven protocols for future compliance schemes. The risk of further market fragmentation resulting from exclusivity is always around the corner. Key questions remain around the transition from the VCM to compliance markets and the validity of pre-purchased credits from projects using existing protocols. Standardization is vital. But does this imply the need for new super detailed government-led protocols? Or can alignment on key principles suffice? The presentation preceding our panel shed light on the high-integrity work that is already out there or under development. Katie Sullivan, Paul Zakkour and Gyozo David Ungar launched IETA's Geostorage and Crediting Handbook, which provides a valuable synthesis of methods and safeguards on the crediting of reductions and removals involving geological storage (link in comments). Method / protocol design choices matter, though some more than others. Governments around the world would do well to prevent reinventing the wheel and build on what is already available and being put to use. #CarbonMarkets #CarbonAccounting #IndustrialCarbonManagement #CarbonRemoval #EmissionsReduction #CCS

What a breeze of #clarity amid the recent controversies: the updated Oxford Offsetting Principles! It is just common sense but packaged in an understandable and actionable manner. Combine that with the (continuously improved) ICVCM CCP criteria, and we can stop hesitating and start acting for real. https://lnkd.in/dC55XEzt #oxfordoffsettingprinciples #CDR #carbonremoval #netzero #climatepositive #carbonnegative #negativeemissions The Integrity Council for the Voluntary Carbon Market (ICVCM) VCMI Science Based Targets initiative Puro.earth

The majority of voluntary carbon credits are intended to result in carbon dioxide emission reduction. Recently, some CO2 emission reduction projects have been criticized for potentially failing to produce the promised environmental and emission reduction benefits. LoCI worked with the American Carbon Registry to create a technology based, voluntary carbon credit or offset standard to catalyze METHANE emission reduction, from the most concentrated source of methane emissions - landfills. The UNIPCC has identified methane emission reduction as the top priority to slow the rate climate change over the next 10 years. LoCI is grateful to the American Carbon Registry for working with us to drive action to reduce methane emissions from landfills in the United States. #climate, #climateaction, #carbonoffsetts, #carboncredits, #americancarbonregistry, #climatechange, #methane, #emissions, #winrock

A valuable study, giving insights on, among others, the cost of the CCS value chain, regulatory challenges, support mechanisms and, last but not least, an overview of current CCS projects in Europe.