Gevo (GEVO) and Future Energy Global, FEG, announce that they have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and oth… Source link
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Image source: Getty Images Since the last week of December, the value of Apple (NASDAQ: AAPL) has slumped. In fact, during that period, the Apple stock price has dropped by a third. Still, the tech giant’s shares are slightly higher than they were a year ago – and 157% up over the past five years. Is the recent fall a good opportunity to add the shares back into my portfolio? Or might they still be overvalued, given the strong five-year performance? Looking to the long term I mentioned above that I am looking for a chance to add Apple stock…
Gevo (NASDAQ: GEVO) and Future Energy Global (FEG) have signed a multi-year offtake agreement for carbon abatement attributes from Sustainable Aviation Fuel (SAF). Under the agreement, FEG will acquire Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel from Gevo’s planned ATJ-60 facility.The agreement is expected to support financing for Gevo’s ATJ-60 facility construction, which has secured a $1.63 billion conditional loan guarantee from the U.S. Department of Energy. The Lake Preston, South Dakota facility is designed to produce 60 million gallons of SAF annually at costs comparable to conventional jet fuel but with…
ENGLEWOOD, Colo., April 09, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. GEVO and Future Energy Global (FEG) are pleased to announce that they have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through Sustainable Aviation Fuel (SAF). Under the multi-year agreement, FEG will acquire from Gevo the Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel to be produced at Gevo’s alcohol-to-jet (ATJ) SAF production facility, Gevo ATJ-60, to meet demand from FEG customers, both airlines and corporates, seeking to decarbonize their operations. The…
Kyrgyzstan is set to launch Central Asia’s first large-scale tree-planting project funded through carbon credits, in a landmark move toward reducing its carbon footprint and expanding its role in global climate finance. The ambitious initiative aims to plant over 10 million trees across 25,000 hectares in the Issyk-Kul region, with the potential to attract up to $180 million in climate financing. The project was discussed on April 8 during a meeting between Adylbek Kasymaliyev, Chairman of Kyrgyzstan’s Cabinet of Ministers, and representatives of Valor Carbon, a UK-based firm specializing in climate finance. It will be implemented through the sale of…
Intergovernmental organisation Global Green Growth Institute (GGGI) has opened two calls of interest for new carbon projects in Côte d’Ivoire and Nepal… Source link
Sustainability intelligence company EcoVadis has made a carbon credits purchase from biochar producer Euthenia via the Supercritical marketplace. The company made this move motivated by the approaching 2030 climate deadlines in a reality where carbon dioxide removal (CDR) demand is expected to increase, while the demand remains limited and slowly becomes scarce.Acknowledging the critical importance of complementing emissions reductions with CDR in order to meet global climate targets on time, EcoVadis decided to act now and secure high-quality, cost-competitive carbon removal credits, avoiding future quantity limitations and potential price spikes. Nicole Sherwin, Chief Impact Officer at EcoVadis, explained, “While deeply committed to…
Author: Lin Bo-yu Market April 09, 2025 Singapore and Chile Ink carbon credit deal to enable future offsets. (Photo: Ministry of Trade & Industry of Singapore) Singapore is steadily expanding its network of carbon credit trading partners, having signed cooperation agreements with both Peru and Chile within a week. These efforts aim to diversify the country’s carbon offset sources and increase access to high-quality carbon credits, reducing market uncertainty. The government also plans to launch a new round of international carbon credit procurement tenders by the end of the year. Carbon pact with Chile opens door to offshore wind investments Following…
China vows to ‘fight to the end’ on President Trump’s tariffsPresident Donald Trump threatened China with more tariffs after they put a 34% tariff on U.S. imports.April 9 (Reuters) – U.S. stock index futures struggled on Wednesday after a heavy sell-off in the previous session, as President Donald Trump’s reciprocal tariff took effect, deepening worries about their damage to the global economy.As hopes of concessions faded and tariffs on dozens of countries, including a massive 104% duties on Chinese goods, came into force, investors accelerated their exit from stocks and industrial commodities.Prospects of tariff deals had lifted U.S. equities on…
A for-sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.Steve Pfost | Newsday | Getty ImagesVolatility in financial markets caused a sharp drop in mortgage interest rates last week, which resulted in a big spike in mortgage demand.Total mortgage application volume jumped 20% last week compared with the previous week to the highest level since September 2024, according to the Mortgage Bankers Association’s seasonally adjusted index.The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances, $806,500 or less, decreased to 6.61% from 6.70%, with points increasing to 0.63 from 0.62,…