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LONDON, March 5, 2021 /PRNewswire/ S&P Global Platts ( Platts ), the leading independent provider of information and benchmark prices for the commodities and energy markets, today announced it will begin publishing new low-carbon aluminum price assessments for the European markets, effective April 6, 2021.
The new daily assessments will include a
Low-Carbon Aluminum Price (LCAP), and a
Zero-Carbon Aluminum Price (ZCAP) and complement existing Platts European price offerings for high-grade primary aluminum (P1020).
Ian Dudden, Global Pricing Director for Metals and Agriculture, S&P Global Platts, said: The launch of our green aluminum assessments follows extensive engagement with market participants throughout the aluminum value chain. These new prices align with S&P Global Platts strategic focus on offering ESG-related commodities pricing, and are in response to requests from market participants for new pricing transparency to help
Aviation industry wants government push to make early preparations for use of biofuels Lim Chang-won Reporter(cwlim34@ajunews.com) | Posted : March 3, 2021, 17:34 | Updated : March 3, 2021, 17:34
프린트
[Courtesy of Korean Air]
SEOUL South Korea s aviation industry wants a government push to make early preparations for the production and use of aviation biofuels, saying pilot operations in international flights are set to begin this year under an international scheme to lower CO2 emissions.
Biofuels are biomass-derived fuels from plants or waste. The International Energy Agency wants biofuels to meet more than a quarter of global demands for transportation fuels by 2050. However, the production and consumption of biofuels are not on track to meet the agency s sustainable development scenario. Aviation biofuels, or sustainable aviation fuels, are more expensive than fossil jet kerosene.
- February 24, 2021, 8:32 AM
Emissions trading systems (ETS) in Europe are undergoing a transition post-Brexit, with the EU contemplating the incorporation of the International Civil Aviation Organization’s (ICAO) carbon offset program and new targets coming from the EU Green Deal, advised Bruce Parry, director of environment for the International Business Aviation Council. Parry provided an overview of the changes in Europe during a webinar on “Managing Your Carbon Footprint” on Tuesday as part of NBAA’s virtual Flight Operations Conference.
At the beginning of the year, the UK began managing participating aircraft based in its territories under its own ETS programs. Parry said UK authorities should have already reached out to participating operators, but new operators should contact the appropriate authority within their particular region of the UK. Operators seeking free allocations of emissions allowances will need to apply for them by the end of March, he added.
Brexit, CORSIA Bringing Aviation ETS Changes in Europe ainonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ainonline.com Daily Mail and Mail on Sunday newspapers.
The News Scroll 03 February 2021
Last Updated at 7:02 pm | Source: PTI
Reliance gets world s first carbon-neutral oil from US Outlook February 03, 2021 19:02 IST Reliance gets world s first carbon-neutral oil from US outlookindia.com 1970-01-01T05:30:00+0530
New Delhi, Feb 3 (PTI) Billionaire Mukesh Ambani s Reliance Industries Ltd has sourced the world s first consignment of carbon-neutral oil from the US as it looks to become a net zero-carbon company by 2035. Reliance, which operates the world s largest single location oil refining complex at Jamnagar in Gujarat with capacity of 68.2 million tonnes a year, got 2 million barrels of consignment Permian basin, the US supplier said in a statement.