Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Companies

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors

Mercuria Purchases First Carbon Credits for the RGGI Compliance Market08.03.2021

03/08/2021 | 09:13am EDT

Mercuria Purchases First Carbon Credits for the RGGI Compliance Market
08.03.2021

Houston, TX March 8, 2021 - Mercuria Energy America, a leading global energy and commodity trading organization, announced today that it has purchased the first carbon offsets generated for the Regional Greenhouse Gas Initiative (RGGI) compliance market. RGGI is a cooperative effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont to cap and reduce power sector CO2 emissions.

A regulated entity can use carbon offset allowances to meet the remainder of its obligation. The RGGI states currently limit credit allowances to five project categories, all of which reduce or sequester emissions of CO2 or methane (CH4) within the ten-state region.

To source these carbon credits, Mercuria worked with 3Degrees, a firm that helps organizations around the world achieve renewable energy and decarbonization goals. 3Degrees currently manages the only offset project eligible to sell credits into the RGGI market, the New Beulah Landfill, a county-owned waste disposal facility in Dorchester County Maryland that generated these compliance credits.

Disclaimer

Mercuria Energy Group Ltd. published this content on 08 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 March 2021 14:12:02 UTC.


© Publicnow 2021
Latest news "Companies"
06:17aDATTO  : Forrester TEI Study Shows 256% ROI On Datto Partnership
PU
06:17aMU GLOBAL HOLDING LTD  : Changes in Registrant's Certifying Accountant (form 8-K)
AQ
06:17aChina Orders 34 Tech Companies to Rectify Anticompetitive Practices
DJ
06:16aSHAREHOLDER ALERT : Pomerantz Law Firm Investigates Claims On Behalf of Investors of Green Thumb Industries, Inc. - GTBIF
PR
06:16aNORMA GROUP SE : Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution
EQ
06:16aINGEVITY  : announces details for upcoming webinar on activated carbon's runway with the internal combustion engine
BU
06:15aGUANGDONG HONG KONG GREATER BAY AREA  : Renewal of General Mandates to Issue Shares and to Repurchase Shares, Re-election of Directors, Proposed Re-appointment of Auditors and Notice of General Meeting
PU
06:15aEMPEROR CAPITAL  : Discloseable Transaction - Provision of Loan Facility
PU
06:15aSAVILLS  : What are the real estate implications of a post-Covid drop in the birth rate?
PU
06:15aASIA TELEVISION  : Voluntary announcement in relation to strategic framework cooperation agreement
PU
Latest news "Companies"