Glossary

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

BioCycle Interview with Dr. Scott Subler, Connections: Reality Check On Carbon Trading And Organics Recycling

ClimeCo’s Chief Science Officer, Dr. Scott Subler, joins forces with Sally Brown, Senior Adviser of BioCycle, The Organics Recycling Authority, for Part X.2 of an interview, Connections: Reality Check On Carbon Trading And Organics Recycling

In this interview, Scott, a one-time vermicomposter turned carbon market expert, yields insights into credit opportunities for composting and AD facilities.

Click here or the image below to read the full interview.

 

About ClimeCo 

ClimeCo is a leader in the management and development of environmental commodities. We combine unrivaled commodity market expertise with engineering and environmental assessment, permitting, and transaction structuring to help clients maximize their environmental assets and minimize their regulatory costs. 

From policy advisory to ESG strategy, offsets sourcing to project development, we provide comprehensive, vertically integrated solutions to help enhance our customers’ sustainability impact—whether they are responding to emissions regulations or satisfying voluntary sustainability goals. 

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 contact page.

ClimeCo Expands Sustainability Services with the Hire of Emily Damon

ClimeCo Expands Sustainability Services with the Hire of Emily Damon

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

ClimeCo Expands Sustainability Services with the Hire of Emily Damon

January 14, 2020 (Boyertown, PA) – ClimeCo announces the expansion of its sustainability services, launching a dedicated sustainability and ESG team. The team is joined by Emily Damon, who, prior to joining ClimeCo, led the North American ESG Sustainability practice for a multinational, 7,000-person consulting firm. The team brings cross-sectoral expertise in sustainability reporting, tracking, risk management, target-setting, and ESG strategy.

“Our customers are seeking advice on ESG as pressure mounts from their board, shareholders, and consumers to be more sustainable,” says Bill Flederbach, President and CEO of ClimeCo. “As expectations intensify, companies are finding them increasingly complex to navigate, so it was a natural step for us to add Emily to our sustainability team. The experience and skillset she brings to the team is key to keeping our customers on top of this challenge.”

Damon will serve as Vice President and leader of the Sustainability, Policy and Advisory team. She specializes in ESG performance and disclosure. Her work spans reporting, materiality assessment, rating and ranking optimization, and risk assessment. She also has deep expertise in corporate climate strategy, including greenhouse gas accounting, target-setting, abatement strategy, energy efficiency, and renewable energy.

“The growth we’ve seen in sustainability demands on companies continues to accelerate,” says Damon. “We help our clients turn what can be a headache into an opportunity to improve performance. This expanded ESG team, along with ClimeCo’s net-zero experts, is in a unique position to help our clients become sustainability leaders.”

Damon holds a Master of Science and Bachelor of Science in Environmental Engineering from Stanford University. She has spent over a dozen years in sustainability consulting. Her work has spanned many industries, including retail, apparel/fashion/footwear, real estate, food & beverage, pharmaceutical, energy & extractives, industrial processing, and logistics.  She loves a good challenge, whether it’s a spreadsheet or stakeholder, and is proud to support ClimeCo’s mission — making a difference today for a better world tomorrow.

About ClimeCo

ClimeCo is a respected advisor, transaction facilitator, and trader of environmental commodity market products. We specialize in regulated carbon, regional criteria pollutant trading programs, voluntary markets, sustainability, and project development 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. 

Offset Pricing Monthly Market Digest – December 2020

Offset Pricing Monthly Market Digest – December 2020

Offset Pricing Monthly Market Digest – December 2020

Offset Supply Information:

All CCOs issued to date: 206.64 million

Compliance credits awaiting issuance: 18.32 million

CA and General Market Commentary:

  • 2021 will be an interesting year in the market, as full true-up for the 2018-2020 triennial compliance period is due on November 1st. Entities will be required to surrender all of their required allowances and offsets for their total 2018-2020 emissions at that time.

  • ClimeCo anticipates rising CCO prices in 2021 as entities seek to acquire and surrender their 8% offset limits for the 2018-2020 period. The spread between CCOs and CCAs has remained stubbornly and historically high during 2020, but we expect that demand will increase as entities seek to take advantage of the substantial cost savings represented by surrendering offsets instead of allowances up to their maximum allowable quantity.   


ClimeCo
 is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.

Offset Pricing Monthly Market Digest – December 2020

Offset Pricing Monthly Market Digest – November 2020

Offset Pricing Monthly Market Digest – November 2020

Offset Supply Information:

All CCOs issued to date: 206.63 million

Compliance credits awaiting issuance: 17.55 million

CA and General Market Commentary:

  • A quarterly allowance auction was held on November 17, 2020, with results announced November 24th. Both current and future vintage auctions were over-subscribed.  Current vintage allowances cleared at $16.93 versus a floor price of $16.68, with a bid-to-cover ratio of 1.2.  Future 2023 vintages cleared at $17.35, with a bid-to-cover ratio of 1.37.  It is unusual to see the future vintages clear at a much higher price than the current vintage, as they cannot be used until 2023, and therefore should carry a lower price than current vintages.
  • ARB has also officially announced the 2021 auction reserve floor price of $17.71. This is the lowest price at which allowances can be purchased at auction at the four quarterly auctions which will occur in 2021. 
  • ClimeCo has begun providing our estimate of the 2022 floor price with an initial value of $18.86. This projection will be updated monthly as inflation data becomes available.


ClimeCo
 is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.

ClimeCo Green Launches a New Website to Calculate and Reduce Your Carbon Footprint

ClimeCo Green Launches a New Website to Calculate and Reduce Your Carbon Footprint

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

ClimeCo Green Launches a New Website to Calculate and Reduce Your Carbon Footprint



December 1, 2020 (Boyertown, PA) –
 ClimeCo Green, a division of ClimeCo Corporation, announces the launch of its new website that provides individuals the opportunity to offset their household carbon footprint easily. With rising greenhouse gas (GHG) levels resulting from human activities, we must all take responsibility for climate change. ClimeCo Green allows individuals to do their part by helping them understand and then reduce their carbon emissions by purchasing carbon offsets, which are generated by projects that either sequester or permanently destroy carbon emissions, preventing them from impacting our climate. 

In 2020, many of us found ourselves working and learning from our homes versus our offices and schools. This change came at a more significant price than we may have initially considered. Instead of being out and about during the day, we found ourselves in our homes using more electricity to power our laptops and computers while running our heating and air conditioning systems for extended periods to feel comfortable and productive. We noticed our electricity, grocery, and gas bills were higher than usual. Yet, we may not have realized that our household carbon footprints were also more significant than they had been. Carbon offsets from ClimeCo Green are a great way to mitigate our carbon footprints and are an essential path for individuals to achieve the ultimate goal of becoming carbon neutral. 

Everyone’s carbon footprint is different, depending on their location, habits, and personal choices. ClimeCo Green offers an easy-to-use e-commerce platform that makes it simple to calculate household carbon emissions and to purchase offsets that mitigate them. Our calculator estimates an individual’s footprint in five key areas: home energy, transportation, food, goods, and services. This calculation provides you with a basic understanding of your unique impact and compares it against others within your area.  It then offers you the option to purchase offsets from one or more of several featured projects. The entire process generally takes less than 5 minutes to complete.

In addition to purchasing offsets, ClimeCo Green also provides the user with incentives, environmental tips, rebates, and products that allow you to improve your everyday life by reducing emissions, waste, and water and energy use. Visit us at www.ClimeCoGreen.com to see how we can help you live greener and healthier!

About ClimeCo

ClimeCo is an Inc. 5000 company that is a respected advisor, transaction facilitator, and trader of environmental commodity market products. Specialized expertise in regulated carbon, regional criteria pollutant trading programs, voluntary markets, and project development and financing of GHG abatement and mitigation systems complement ClimeCo’s diverse portfolio. 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.

Offset Pricing Monthly Market Digest – December 2020

Offset Pricing Monthly Market Digest – October 2020

Offset Pricing Monthly Market Digest – October 2020

Offset Supply Information:

All CCOs issued to date: 205.31 million

Compliance credits awaiting issuance: 17.55 million

CA and General Market Commentary:

The multi-month trend of allowances moving higher and CCO prices moving lower continued in October. The spread between Allowances and CCOs continues to widen to record historical levels.  Because 2020 is not a triennial compliance true-up year, we believe the lack of interest in CCOs is because compliance entities do not need to purchase CCOs for compliance until 2021, and many entities may be waiting until closer to the true-up deadline in order to observe the uncertain economy and better understand their emissions for 2020.

The ROC backlog dropped by approximately 6 million CCOs in October as ARB issuances of credits were much higher than average.

The next quarterly allowance auction will be held on November 17th, 2020, with results to be announced November 24th. While the previous auction did not clear and allowances were sold at the floor price of $16.68, we expect the last auction of the year to clear, as typical, and the clearing price to trend higher as participants begin to anticipate the higher 2021 floor price.  ClimeCo estimates the clearing price for 2021 at $17.73, based on estimates of inflation for the 12 months ending October 31st, 2020.


ClimeCo
 is a respected project developer, advisor and trader of environmental commodity market products. Specialized expertise in regional criteria pollutant trading programs, California cap‐and‐trade, voluntary markets and project development and financing of internal CO2 abatement systems complement ClimeCo’s diverse commodity portfolio. Within the Climate Action Reserve, ClimeCo is the largest developer of U.S. GHG‐offset projects and producer of U.S. voluntary carbon offsets, managing projects that reduce more than four million tonnes of CO2e per year. For information, contact 484‐415‐0501 or nmarshall@climeco.com.