Offset

LIGA Expanding Sustainability Platform, Making Investment in Carbonaix Corp; Engaging Audit Firm and Commences Search for CEO and Management Team

Retrieved on: 
Monday, April 15, 2024
Executive, PCAOB, Engagement marketing, LIG, Housing, Climate, CMT, History, Offset, Attention, Investment, OTC Markets Group, Private sector, Interest

Furthermore, in anticipation of uplisting to OTCQX/QB, LIG Assets is also engaging a PCAOB firm to audit its financials and the Company has commenced an Executive Search for C-Level Management: CEO, COO and CTO.

Key Points: 
  • Furthermore, in anticipation of uplisting to OTCQX/QB, LIG Assets is also engaging a PCAOB firm to audit its financials and the Company has commenced an Executive Search for C-Level Management: CEO, COO and CTO.
  • LIGA is currently in the process of re-capitalizing and expects to conclude the transaction when funding is completed.
  • As we move closer to various mergers, acquisitions and joint ventures, we have attracted more attention from investors and funds recently.
  • Carbonaix is private sector solution to a worldwide problem,” said Scott Harmolin, Chairman and CEO of Carbonaix.

Former Leader of the UK House of Lords, Baroness Evans of Bowes Park, Joins Sustainability Fintech Changeblock ahead of Pivotal UN COP28 Conference

Retrieved on: 
Monday, November 27, 2023
Environment, Technology, Finance, Fintech, Professional Services, Sustainability, Green Technology, Data Analytics, Data Management, Artificial Intelligence, Ministry, House, KPMG, New Schools Network, COP28, Justice, Commerce, Multimedia, Work, Offset, Policy Exchange, Senior advisor, House music, Integrity, Carbon, Ethics, PepsiCo, Lords, Pension, Bowes Park, Policy

View the full release here: https://www.businesswire.com/news/home/20231123431705/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231123431705/en/
    Baroness Natalie Evans of Bowes Park, former UK Cabinet Minister as Leader of the House of Lords and Senior Advisor, Policy and Ethics of Changeblock Limited.
  • The appointment of Baroness Evans will significantly strengthen the Company’s efforts in this regard, and augments the work already being done with multiple standard and verification agencies.
  • Billy Richards and Baroness Natalie Evans from Changeblock will attend COP28 in Dubai.
  • The roundtable, titled “The Critical Role of Integrity in Carbon Credits and Offsets for Effective Planet Repair,” will explore sustainable carbon mitigation strategies.

Chevron to Fund New Soil Carbon Capture Pilot and Blue Carbon Research Projects in Western Australia

Retrieved on: 
Thursday, August 10, 2023
Environment, Research, Oil, Gas, Sustainability, Green Technology, Energy, Agriculture, Science, Natural Resources, Carbon, Fallon, Offset, Energy transition, Biodiversity, Corporation, Soil, Investment, Ontario Basic Income Pilot Project, Chevron, Chevron Corporation, CO2, Renewable energy

Chevron Corporation, through its Chevron Australia New Energies Pty Ltd and Chevron Australia Pty Ltd subsidiaries, today announced investments in two lower carbon projects in Western Australia (WA).

Key Points: 
  • Chevron Corporation, through its Chevron Australia New Energies Pty Ltd and Chevron Australia Pty Ltd subsidiaries, today announced investments in two lower carbon projects in Western Australia (WA).
  • In its first nature-based carbon offsets project in Australia, Chevron will provide funding to the WA-based Carbon Sync , which is leading a soil carbon sequestration pilot project involving up to 80,000 hectares of WA’s cropping and grazing region.
  • Chevron has also joined a multi-year research project with Deakin University’s Blue Carbon Lab to explore potential CO2 sequestration opportunities in WA’s coastal wetlands.
  • Chevron New Energies Vice President of Offsets and Emerging Barbara Harrison said, “We believe that the future of energy is lower carbon.

MOECO and Chevron to Explore Advanced Closed Loop Geothermal Pilot in Hokkaido, Japan

Retrieved on: 
Thursday, June 22, 2023
Other Energy, Utilities, Environment, Oil, Gas, Alternative Energy, Green Technology, Energy, JCA, Mitsui, Electricity, GK, Multimedia, Carbon, MOECO, Offset, Steam, Chevron, ACL, Chevron U.S.A., Inc. v. Natural Resources Defense Council, Inc., Renewable energy

Chevron New Energies Japan GK (Chevron New Energies Japan), a subsidiary of Chevron U.S.A. Inc., and Mitsui Oil Exploration Co., Ltd (MOECO) today announced execution of definitive agreements to proceed with the pilot testing of advanced geothermal technology.

Key Points: 
  • Chevron New Energies Japan GK (Chevron New Energies Japan), a subsidiary of Chevron U.S.A. Inc., and Mitsui Oil Exploration Co., Ltd (MOECO) today announced execution of definitive agreements to proceed with the pilot testing of advanced geothermal technology.
  • Pursuant to these agreements, Chevron and MOECO will conduct pilot tests of a developing novel geothermal technology, specifically advanced closed loop (ACL) technology.
  • View the full release here: https://www.businesswire.com/news/home/20230621701615/en/
    In September 2022, Chevron New Energies International Pte, Ltd. signed a joint collaboration agreement (JCA) with MOECO to further explore the technical and commercial feasibility of advanced geothermal energy development and other new energies technology.
  • The agreements to conduct pilot testing by Chevron New Energies Japan and MOECO is the first project contemplated by the JCA.

Nodal Exchange and IncubEx Collaborate to Expand the Largest Suite of Environmental Futures and Options with New REC and California Compliance Offset Contracts

Retrieved on: 
Tuesday, May 16, 2023
Environment, Finance, Other Energy, Utilities, Oil, Gas, Professional Services, Alternative Energy, Green Technology, Energy, Carbon, DEBS, California Air Resources Board, PJM, Record, Exchange, Multimedia, Offset, REC, Pollutant, Risk, Renewable energy, Guarantee of origin, Electric power, Security (finance), Real estate, Nodal

Nodal Exchange and IncubEx announced today the pending launch of two new renewable energy certificates (REC) futures related to the PJM REC markets and a new California Compliance Offset futures contract.

Key Points: 
  • Nodal Exchange and IncubEx announced today the pending launch of two new renewable energy certificates (REC) futures related to the PJM REC markets and a new California Compliance Offset futures contract.
  • View the full release here: https://www.businesswire.com/news/home/20230516005242/en/
    These first-of-their-kind contracts further expand the world's largest exchange-listed suite of environmental products on Nodal Exchange, which tops more than 100 environmental futures and options contracts.
  • The Virginia and PJM Quad-Qualified contracts on Nodal expand the broadest set of PJM-related REC futures and options.
  • "These products further expand the comprehensive PJM REC suite and California compliance suite listed on Nodal Exchange," said Dan Scarbrough, President and COO of IncubEx.

Chevron and MOECO to Collaborate on Advanced Geothermal Technology

Retrieved on: 
Monday, September 26, 2022
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Green Technology, Energy, Offset, Carbon, ACL, Weather, COVID-19, Geology, Lubricant, NYSE, Epidemic, Petroleum, Accident, U.S. Securities and Exchange Commission, Legislation, News, Industry, Pandemic, Mitsui, Government, Phrase, CEO, Organization, Technology, Curtailment (electricity), Annual report, Coronavirus, MOECO, Failure, Board, Marketing, Natural gas, CVX, Tax, Renewable energy

Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.

Key Points: 
  • Both companies may also assess potential collaboration for advanced geothermal technology opportunities using ACL globally.
  • Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy, said Barbara Harrison, vice president of Offsets & Emerging, Chevron New Energies.
  • MOECO entered the geothermal business in 2012 and has been expanding its geothermal portfolio since then.
  • In parallel with conventional geothermal, we have been studying ACL technology for many years and we believe this collaboration with Chevron utilizing ACL technology could unlock tremendous geothermal resources in Japan, said Hirotaka Hamamoto, CEO of MOECO.

StoneX Offers Clients Access to Environmental Options & Futures Contracts via Nodal Exchange

Retrieved on: 
Thursday, September 22, 2022
Carbon, Nasdaq, Offset, ESG, International Executive Service Corps, Risk, Organization, Contract, Company, Access, Sulfur dioxide, Investment, StoneX Group Inc., Goal, NASDAQ, Renewable energy, Financial services, Nodal

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that clients of its subsidiary StoneX Financial Inc. can now access the full suite of physically deliverable environmental futures and options contracts via the Nodal Exchange, enabling StoneX clients to implement and sustain environmentally conscious business practices, effectively manage risk, and maintain regulatory compliance.

Key Points: 
  • NEW YORK, Sept. 22, 2022 /PRNewswire/ -- StoneX Group Inc. (NASDAQ: SNEX) today announced that clients of its subsidiary StoneX Financial Inc. can now access the full suite of physically deliverable environmental futures and options contracts via the Nodal Exchange, enabling StoneX clients to implement and sustain environmentally conscious business practices, effectively manage risk, and maintain regulatory compliance.
  • Dave Smoldt, President of StoneX Financial Inc's Commodities Division, commented: "We've seen client demand for these environmental contracts increase significantly due to evolving environmental policies and the ongoing focus towards ESG practices.
  • Gaining access to this new exchange allows us to serve a wider range of clients, from ESG ETF advisors to the utility provider looking to hedge their operational risk, using these futures and options contracts."
  • Access to the suite of environmental products on Nodal is now available to StoneX clients.

Interactive Brokers Offers Carbon Offsets to Clients in Europe and Asia

Retrieved on: 
Wednesday, May 11, 2022
Finance, Environment, Professional Services, Mobile, Wireless, Technology, Carbon, IBKR, Interactivity, Interactive Brokers, Culture, Air travel, Envelope (music), Carbon credit, IB, ESG, Offset, Multimedia, Bank, IMPACT

Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today launched Carbon Offsets to clients in Western Europe, Hong Kong, and Singapore.

Key Points: 
  • Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, today launched Carbon Offsets to clients in Western Europe, Hong Kong, and Singapore.
  • View the full release here: https://www.businesswire.com/news/home/20220510006418/en/
    Carbon Offsets available in IMPACT by Interactive Brokers (Photo: Business Wire)
    Air travel and other daily activities produce harmful greenhouse gas emissions.
  • Interactive Brokers seamlessly sources and retires the Carbon Credits at the appropriate agencies enabling investors to fully or partially reduce their carbon footprints.
  • The Carbon Offsets tool is available in the IMPACT app for clients of IB IE, IB UK, IB HK and IB SG.

Price Volatility and ESG Goals Boost Petroleum Market Activity, Pushing Stocks Upward

Retrieved on: 
Friday, April 1, 2022
Chevron, TSX Venture Exchange, CIVI, Kimmeridge, Natural gas, Climate change, NYSE, Overalls, Berkshire Hathaway, Atmosphere, CEO, Downstream, Technology, Acquisition, Occidental Petroleum, Attention, Solution, Seedling, Gulf Coast of the United States, Reuters, OTC, Partner (business rank), Offset, O&G, Carbon, Berkshire, Indian stock exchange, Interim, Board, CO2, Doctor of Philosophy, Taxodium ascendens, Chevron Corporation, CORT, Government, Hydrocarbon, Chief executive officer, Ecosystem, Renewable energy, Former, Holub, ESG, CVX, Plant, Dell, TSX, Interview, Movement, Rocky Mountains, Water, OTC Markets Group, Lithium, Environmental remediation, Life insurance, Management, Oil, Boilermaker, Civitas, Occidental, Petroteq Energy, BC

VANCOUVER, BC, April 1, 2022 /PRNewswire/ -- In 2021, shares of more eco-friendly companies known to appease ESG investors were outperformed by oil and gas stocks over the course of the year. Despite this apparent divergence, there's been a movement towards making O&G stocks more ESG friendly, such as the push to reincorporate Civitas Resources, Inc. (NYSE:CIVI) into ESG funds. Less phased by ESG peer pressure, billionaire investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE: BRK-B) stacked up an investment worth ~$7.7 billion into Occidental Petroleum Corporation (NYSE:OXY) in March 2022, with speculation he could pay the remaining $50 billion to acquire the whole thing. Buffett's latest investment put Occidental in with Chevron Corporation (NYSE:CVX) as the only two O&G stocks in Berkshire's top 10 largest common stock holdings. Meanwhile, other ESG-friendly O&G deals are taking place, including the takeover of Petroteq Energy, Inc. (OTCPK: PQEFF) by Viston United Swiss AG.

Key Points: 
  • Buffett's latest investment put Occidental in with Chevron Corporation (NYSE:CVX) as the only two O&G stocks in Berkshire's top 10 largest common stock holdings.
  • Petroteq's development of proprietary oil extraction and remediation technologies made it stand out as part of an overall ESG strategy for Viston United Swiss AG.
  • The offer itself is valued at a considerable premium over the market price, with a 100% all-cash consideration of C$0.74 per common share.
  • At that price point, the C$0.74 still represents a potential 56% premium over the more current trading price.

Price Volatility and ESG Goals Boost Petroleum Market Activity, Pushing Stocks Upward

Retrieved on: 
Friday, April 1, 2022
Chevron, TSX Venture Exchange, CIVI, Kimmeridge, Natural gas, Climate change, NYSE, Overalls, Berkshire Hathaway, Atmosphere, CEO, Downstream, Technology, Acquisition, Occidental Petroleum, Attention, Solution, Seedling, Gulf Coast of the United States, Reuters, OTC, Partner (business rank), Offset, O&G, Carbon, Berkshire, Indian stock exchange, Interim, Board, CO2, Doctor of Philosophy, Taxodium ascendens, Chevron Corporation, CORT, Government, Hydrocarbon, Chief executive officer, Ecosystem, Renewable energy, Former, Holub, ESG, CVX, Plant, Dell, TSX, Interview, Movement, Rocky Mountains, Water, OTC Markets Group, Lithium, Environmental remediation, Life insurance, Management, Oil, Boilermaker, Civitas, Occidental, Petroteq Energy, BC

VANCOUVER, BC, April 1, 2022 /PRNewswire/ -- In 2021, shares of more eco-friendly companies known to appease ESG investors were outperformed by oil and gas stocks over the course of the year. Despite this apparent divergence, there's been a movement towards making O&G stocks more ESG friendly, such as the push to reincorporate Civitas Resources, Inc. (NYSE:CIVI) into ESG funds. Less phased by ESG peer pressure, billionaire investor Warren Buffett and his Berkshire Hathaway Inc. (NYSE:BRK-A) (NYSE: BRK-B) stacked up an investment worth ~$7.7 billion into Occidental Petroleum Corporation (NYSE:OXY) in March 2022, with speculation he could pay the remaining $50 billion to acquire the whole thing. Buffett's latest investment put Occidental in with Chevron Corporation (NYSE:CVX) as the only two O&G stocks in Berkshire's top 10 largest common stock holdings. Meanwhile, other ESG-friendly O&G deals are taking place, including the takeover of Petroteq Energy, Inc. (OTCPK: PQEFF) by Viston United Swiss AG.

Key Points: 
  • Buffett's latest investment put Occidental in with Chevron Corporation (NYSE:CVX) as the only two O&G stocks in Berkshire's top 10 largest common stock holdings.
  • Petroteq's development of proprietary oil extraction and remediation technologies made it stand out as part of an overall ESG strategy for Viston United Swiss AG.
  • The offer itself is valued at a considerable premium over the market price, with a 100% all-cash consideration of C$0.74 per common share.
  • At that price point, the C$0.74 still represents a potential 56% premium over the more current trading price.