Glossary

Neal Casal Music Foundation Mitigates Manufacturing and Shipping of the Neal Casal Music Foundation’s Tribute Album Collection with ClimeCo

Neal Casal Music Foundation Mitigates Manufacturing and Shipping of the Neal Casal Music Foundation’s Tribute Album Collection with ClimeCo

Contact: Danielle A. Pingitore
484.206.4210
dpingitore@climeco.com

Neal Casal Music Foundation Mitigates Manufacturing and Shipping of the Neal Casal Music Foundation’s Tribute Album Collection with ClimeCo


neal casal tribute album collection highway butterfly


ClimeCo is excited to announce that they will be working with Neal Casal Music Foundation to voluntarily mitigate the carbon emissions of the manufacturing and shipping of the Neal Casal Music Foundation’s Tribute Album CollectionHighway Butterfly: The Songs of Neal Casal. This collection is a tribute to the life and music of the gifted singer, songwriter, musician, and friend to many. Featuring 41 of Neal’s songs on 5 LPs or 3 CDs, the collecti
on brings together a galaxy of rock and roots music luminaries to reimagine the body of work he left behind, while celebrating his enduring impact as an artist. 

It is an honor to assist the Neal Casal Music Foundation in mitigating the carbon emissions associated with the tribute album. In addition to Neal playing on many albums that I own, some of my favorite musicians appear on Highway Butterfly. Knowing that Neal would have wanted the project to consider the environment makes it even more personal,said Dan Linsky, ClimeCo’s Vice President of Voluntary Markets.

In addition to 41 performances of Neal Casal songs by 130 participating musicians, the box set includes LP sleeves with rare and previously unpublished photos of Casal, a 48-page booklet presenting song lyrics, Casal’s own iconic work as a photographer and an essay by early career champion Jim Cardillo. Additional collectibles include a poster and baseball card with photos of Casal by photographer Jay Blakesberg and stickers designed by poster artists Alan Forbes and Marq Spusta. The Neal Casal Music Foundation and record label Royal Potato Family who partnered to release the collection will also be working with ClimeCo to voluntarily mitigate the carbon emissions from the manufacturing and shipping of the box sets.

The album trailer, merch pre-order, and single are available today, July 21, 2021, and the collection is set to be released on November 12th, 2021.

Learn more by visiting: https://nealcasalmusicfoundation.org/highway-butterfly/.

 


About Neal Casal

The Neal Casal Music Foundation is a 501(c)(3) non-profit donating music instruments and lessons to students in New Jersey and New York state schools where Neal was born and raised, as well as making donations to much needed mental health organizations that support musicians in need. The Foundation was created to inspire future musicians and bring mental health support to those musicians in need.   

Contact: info@nealcasalmusicfoundation.org


About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact them at 484.415.0501, info@climeco.com, or through their website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

Heritage Sustainability Investments and ClimeCo Provide Capital to Restore the Earth Foundation

Heritage Sustainability Investments and ClimeCo Provide Capital to Restore the Earth Foundation

NEWS RELEASE
FOR IMMEDIATE DISTRIBUTION
CONTACT
Heritage Environmental Services

6510 Telecom Drive, Suite 400
Indianapolis, IN  46278
www.heritage-enviro.com

Heritage Sustainability Investments and ClimeCo Provide Capital to Restore the Earth Foundation

July 15, 2021 (Indianapolis, IN) Heritage Sustainability Investments, LLC, a subsidiary of The Heritage Group and affiliate of Heritage Environmental Services, LLC, (collectively, Heritage), and ClimeCo joined together to provide capital to Restore the Earth Foundation, Inc. (Restore the Earth) to provide for the native trees and planting for the reforestation of 4,000 acres of the Pointe-aux-Chenes Wildlife Management Area in Louisiana.  The freshwater marsh area will be planted with native Bald Cypress seedlings. In addition to the sequestration of CO2, the project will reduce flood and storm risk to local communities by creating a first line of defense in the form of healthy forest ecosystems and restore fragmented wildlife habitats. The project is anticipated to create 800,000 Climate Action Reserve Forward Mitigation Units (FMUs).

Restore the Earth

“The benefits of reforestation projects like this reach far beyond the immediately impacted areas,” said Chad Peterson, President of Heritage Sustainability Investments. “The work Restore the Earth is doing not only benefits the environment, but also the people and businesses in southern Louisiana. Collaborating with ClimeCo on this project will help us make a lasting difference in the community and drive future GHG reduction.”


Restore the Earth pioneered the development of the Climate Action Reserve’s Climate Forward Reforestation methodology. The program provides a mechanism to quantify, verify and register FMUs, which represent emissions that are forecasted to be mitigated in the future, using rigorous and peer–reviewed carbon reduction project methodologies. FMUs will be marketed to voluntary buyers by ClimeCo to help fund future reforestation efforts in the basin. The program is designed to encourage companies and organizations to invest in projects that mitigate future greenhouse gas (GHG) emissions.

“Restoration of degraded lands is one of the most critical project types society can undertake to meet the challenge of climate change,” says Derek Six, Chief Business Officer for ClimeCo.  “Reforestation provides a clear and enduring GHG mitigation impact, and generations to come will enjoy the wide array of ecological benefits these projects create. ClimeCo is excited to be working with Restore the Earth and to continue to support their ambitious goals in the Mississippi River Delta.”


Ballard Spahr, a national law firm with more than 600 attorneys in 15 offices nationwide, served as counsel to ClimeCo for the project. Attorneys supported the formation and management of a special purpose LLC for the effort, prepared the transaction and financing documents, and advised on matters involving the carbon offset protocols and requirements for generating the FMUs.

Media Contacts:

Heritage
www.heritage-enviro.com
Attention: Ali Alavi – EVP, Regulatory Affairs & General Counsel
(877) 436-8778

ClimeCo
climeco.com

Attention: Nancy Marshall – VP, Marketing
(484) 415-7603
nmarshall@climeco.com

Restore the Earth Foundation
https://restoretheearth.org/

Attention: Taylor Marshall – Director of Sustainable Programs
(607) 342-7362
tam@restoretheearth.org

About Heritage

Heritage Sustainability Investments, LLC, is a subsidiary of The Heritage Group and affiliate of Heritage Environmental Services, LLC. We invest in companies where our deep knowledge and extensive resources in materials sciences and environmental sustainability can accelerate growth. We purchased a minority stake in ClimeCo in February 2021, combining Heritage’s leadership in holistic waste management and beneficial reuse with ClimeCo’s expertise in climate change policy, sustainability program development, and emission reduction project implementation to provide a unique, turnkey service offering to the market.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, voluntary markets, plastic credits, sustainability, and project development and financing of GHG abatement and mitigation systems. For more information or to discuss how ClimeCo can drive your organization’s value, contact us at 484.415.0501, info@climeco.com, or through our website, climeco.com.

About Restore the Earth Foundation

Restore the Earth Foundation, Inc. is a 501(c)(3) not for profit with a mission of restoring the Earth’s essential forest and wetland ecosystems. Restore the Earth knows that it is possible to go beyond just protecting our environment—it is possible to restore it. And when you restore the environment at landscape scale, it creates incredible value for ecosystems, biodiversity, habitat, communities, business and the Earth.

 

ClimeCo’s Feature in Sustainable Plastics’ Magazine

ClimeCo’s Feature in Sustainable Plastics’ Magazine

ClimeCo’s Feature in Sustainable Plastics’ Magazine

ClimeCo is featured in a 3-page spread in Sustainable Plastics Magazine’s May/June 2021 issue! This article was written by ClimeCo’s Plastic Program Director, Chris Parker, and Vice President of Marketing, Nancy Marshall. The article discusses how we are finding more value in plastic and talks about ClimeCo’s launch of the world’s first plastic credit, how it works, the benefits, our partnership with TONTOTON, and the future of plastic credits. Click the image below or read the full article, “Giving credit where due: finding more value in plastic”, by visiting https://www.sustainableplastics.com/news/giving-credit-where-due-finding-more-value-plastic.


Sustainable Plastics Magazine
COPYRIGHT AND LIMITATIONS ON USE

 

About Sustainable Plastics Magazine

Over the past few years, the plastics industry has been faced with an ongoing trend toward a more sustainable plastics economy. This trend reaches deeply into every aspect of the industry. The Sustainable Plastics platform reflects this changing landscape of the plastics industry. Featuring the Plastics Recycling event, a bimonthly magazine, a website, a newsletter, and, in the future, webinars, Sustainable Plastics focuses on developments, news, and events that are shaping the plastic industry’s vital transition toward a viable, circular plastics economy.
 

Phone: 1-313-446-0450
Email: customerservice@sustainableplastics.com

About ClimeCo 

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

Offset Pricing Monthly Market Digest – June 2021

Offset Pricing Monthly Market Digest – June 2021

Offset Pricing Monthly Market Digest – June 2021

Offset Supply Information:

All CCOs issued to date: 221.23 million

Compliance credits awaiting issuance: 16.13 million

CA and General Market Commentary:

  • Issuances of CCOs continued to be slow in June. The ROC backlog increased by nearly 2 million.  Relatively low issuances of new CCOs continue to constrain the offsets available to entities as they look to fulfill their obligations at the 3-year compliance deadline on November 1st.

  • Allowance (CCA) prices continued their strong move upward, increasing $2.31/CCA since the end of May. Offset (CCO) prices moved upward as well during June, but continue to underperform the increases seen in CCA prices.  CCO-0s are now priced at a 32% discount to allowances, which appears to be a record high discount %.

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

Offset Pricing Monthly Market Digest – June 2021

Offset Pricing Monthly Market Digest – May 2021

Offset Pricing Monthly Market Digest – May 2021

 

Offset Supply Information:

All CCOs issued to date: 220.94 million

Compliance credits awaiting issuance: 14.13 million

CA and General Market Commentary:

  • On May 27th, ARB released the results of its quarterly allowance auction. Current vintage allowances cleared at $18.80, a substantial premium to the $17.71 auction reserve price.  The bid-to-cover ratio was 1.48, a strong result compared to auctions in 2020.
  • Issuances of CCOs continued to be slow in May. The ROC backlog increased by nearly 3 million.  Relatively low issuances of new CCOs continue to constrain the offsets available to entities as they look to fulfill their obligations at the 3-year compliance deadline on November 1st.

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.

World’s First Plastic Credit

World’s First Plastic Credit

NEWS RELEASE
FOR IMMEDIATE DISTRIBUTION
CONTACT
Nancy Marshall, Vice President, Marketing
484.415.7603 or nmarshall@climeco.com

World’s First Plastic Credit

June 8th, 2021 (Boyertown, PA)ClimeCo, a leader in the management and development of environmental commodities, has partnered with TONTOTON, a project developer in Vietnam that removes no-value plastic from the environment to generate the world’s first plastic credit from an independent protocol and 3rd party verification audit.  These credits were achieved through the Ocean Bound Plastic Neutrality Certification from French-based NGO Zero Plastic Oceans, and have been verified by leading global certification specialist Control Union Certifications.  A plastic credit is an environmental commodity that represents the collection or recycling of one tonne of plastic material, which can be transferred between organizations. ClimeCo will market the plastic credits generated from this partnership, and clients will have the ability to purchase credits to use in their ESG, CSR, and sustainability programs.

“We decided to partner with and support TONTOTON because of their solution to create value in recovering plastic waste before it enters the ocean, that without them would otherwise not happen,” says Chris Parker, Director of Plastic Markets at ClimeCo. “Their values of addressing environmental justice, community health, and the welfare of workers matched our own.”

TONTOTON projects recover post-consumer, non-recyclable, ocean-bound plastic waste and co-process it into AFRM (Alternative Fuels & Raw Materials), which replaces coal at a local manufacturing plant to reduce the site’s GHG emissions. TONTOTON’s program is built on economic benefits for all parties, from the informal waste pickers to the funding companies. ClimeCo’s investment in TONTOTON has allowed them to hire workers, expand capacity, and start working in new areas in Vietnam to scale up the volume of plastic waste recovery. 

“Plastic credits allow us to create a significant environmental and social impact by focusing on non-recyclable plastic that has no demand in the commodity market and is the main cause of pollution in our oceans,” says Barak Ekshtein, Founder and CEO at TONTOTON. “ClimeCo’s environmental approach to long-term solutions allows us to be creative in developing sustainable circular economy projects that will impact the environment over the years.”

Many social and environmental co-benefits should result from successful plastic credit projects. TONTOTON provides workers who are primarily female with an additional sustainable income, personal protective equipment, and primary health insurance for those who need it. The projects also support local governments, NGOs, and local businesses to build sustainable waste management infrastructure where it does not exist, creating circular economics. Their work is helping to conserve marine biodiversity and contributing to ecosystem restoration.

For more information on these first plastic credits or other projects, contact us by using the information listed below.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products and related services. We specialize in voluntary carbon, regulated carbon, renewable energy credits, plastics credits, and regional criteria pollutant trading programs.  Complimenting these programs is a team of professionals skilled in providing sustainability program management services, and developing and financing of GHG abatement and mitigation systems.

For more information or to discuss how ClimeCo can drive value for your organization, contact us at 484.415.0501, info@climeco.com, or through our website climeco.com. Be sure to follow us on LinkedIn, Facebook, Instagram, and Twitter using our handle, @ClimeCo.