News


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EMA Members - Send your press releases and upcoming news to lauren@enviromarkets.org

News

  • May 13, 2021 9:30 AM | EMA Staff (Administrator)

    (13 May 2021) - Xpansiv, the global marketplace for Intelligent Commodities™, today published a pioneering Digital Fuels™ Program for the issuance, transaction, settlement, and retirement of evidenced-based environmental, social, and governance (ESG) performance claims associated with fuels.

    The program is designed to provide a rules-based market for all stakeholders—from fuel producers and net-zero buyers to certification bodies, carbon-accounting initiatives, registries, independent-assurance providers, data aggregators, and investors—all seeking to meet growing demand for registered, tradable, intangible assets to differentiate fuels based on ESG performance.

    Read more here: https://xpansiv.com/xpansiv-publishes-digital-fuels-program-to-accelerate-esg-transition-in-fuels-sector/


  • May 13, 2021 9:27 AM | EMA Staff (Administrator)

    (May 13, 2021) - Sun Tribe Development is taking on a unique opportunity to be the first to generate large-scale renewable power on the coalfields of Central Appalachia, Energy News Network reports. Described as a breakout moment for the region, the plan is to have up to 75 megawatts of solar power capacity across hundreds of acres of deforested mine lands in Virginia and Tennessee.

    Sol Systems, a Washington, D.C.-based company, will finance and operate the solar systems once they are built. 

    Read more here: https://cleantechnica.com/2021/05/13/the-transformation-of-appalachian-coalfields-into-solar-farms-is-starting/

  • May 13, 2021 9:22 AM | EMA Staff (Administrator)

    (May 13, 2021) – Today, the University of Illinois Urbana-Champaign, Facilities & Services (F&S) announces the final stage of completion for Solar Farm 2.0, totaling 12.3 megawatts (DC), with the planting phase of the farm’s pollinator habitat commencing this month. The project is the second solar farm constructed at the U of I and achieves clean energy sustainability goals outlined in the university’s Illinois Climate Action Plan (iCAP), nearly four years ahead of schedule. Clean energy production will now support approximately 12 percent of the school’s annual electricity demand. The planting of the project’s native pollinator habitat bookmarks the solar farm’s unique array of state-of-the-art technological and sustainable features.

    Read more here: https://www.solsystems.com/news/university-of-illinois-urbana-champaign-announces-final-stage-of-ultra-sustainable-solar-farm-2-0-project/

  • May 10, 2021 9:38 AM | EMA Staff (Administrator)

    (May 10, 2021) - Bracewell LLP is advising Sabalo Energy, LLC, a portfolio company of EnCap Investments L.P., in the sale of Sabalo’s Midland Basin assets to Laredo Petroleum, Inc. (NYSE: LPI).

    The transaction includes 21,000 contiguous net acres (86 percent operated, 100 percent held by production). Sabalo and a non-operating partner will receive a combined $625 million in cash and approximately 2.5 million shares of Laredo common equity, with a total transaction value of approximately $715 million.

    Read more here: https://bracewell.com/news/bracewell-advises-sabalo-energy-llc-715-million-asset-sale-laredo-petroleum-inc

  • May 07, 2021 10:00 AM | EMA Staff (Administrator)

    (May 07, 2021) - Across the OEM motor vehicle after-sales space, transportation is a significant spend – approximately 7-8%1 of sales. Further, the transportation sector has now surpassed the power sector as the largest emitter of greenhouse gases (GHGs) in the United States, responsible for over 29%2 of total emissions within the U.S., and 24%3 globally. This trend largely is driven by the growth of e-commerce, international and domestic shipping, and other activities related to globalization.

    Many of the OEMs participating in Carlisle’s North American Parts Benchmark have released corporate statements committing themselves to reducing their climate impact, yet many organizations are early in the development of plans to address the greenhouse gas emissions associated with their transportation footprint. Fortunately, meaningful pathways to reduce transportation emissions are taking hold.

    Read more here: https://3degreesinc.com/resources/driving-the-transition-to-net-zero-emissions/

  • May 05, 2021 9:17 AM | EMA Staff (Administrator)

    (May 5, 2021) – Public Service Enterprise Group Inc. (PSEG) today announced that it has entered into an agreement to sell its PSEG Solar Source LLC portfolio to Quattro Solar, LLC, an affiliate of LS Power. The sale includes the 467-megawatt-dc Solar Source portfolio of 25 solar facilities located in various states and related assets and liabilities. The sale of this non-core generation portfolio is part of PSEG’s Strategic Alternatives process to explore options for PSEG Power's non-nuclear generating fleet which, in addition to Solar Source, includes more than 6,750 megawatts of fossil generation.

    Read more here: https://nj.pseg.com/newsroom/newsrelease221

  • May 04, 2021 4:31 PM | EMA Staff (Administrator)

    IncubEx, Inc., a leading global product developer of exchange based environmental markets, is pleased to announce it has successfully closed its most significant capital raise to date of $11.8 million resulting in a post-money valuation of $161.8 million with support from distinguished industry leaders.

    Prominent IncubEx investors include: Michael Spencer, Chairman of IPGL (Holdings) Limited, Lance Uggla, Chairman and CEO of IHS Markit, Carsten Kengeter of 7RIDGE and Circuitus Capital, Lansdowne Partners and Orsted North America.

    The capital raise further enables IncubEx to expand environmental market products and services in geography and scope in response to unprecedented public and private commitments towards sustainability. Environmental commodities have the potential to develop into one of the largest traded asset classes and IncubEx has established a strong foundation of domain expertise, stakeholder relationships and market position to capitalize on this growth.

    Read the full story here.

  • April 28, 2021 7:25 AM | EMA Staff (Administrator)

    [April 28, 2021] - The Environmental Markets Association Board is proud to announce the return of Lauren LeMunyan in the role of Executive Director.  Ms. LeMunyan previously served in this role from 2005-2016.

    During her 11-year tenure with EMA, Ms. LeMunyan created the Regional Round Table Program, facilitated over fifty Webinars and Annual Meetings and fostered relationships with key NGOs, media partners, and supporting organizations.

    Lauren brings a wealth of experience, resources, and creativity to the organization as well as a deep passion for connecting people and ideas.

    "EMA is a special group that creates the space for seemingly different perspectives and experiences to not just come together, but to learn and understand from one another," said Lauren LeMunyan. "EMA's Market Principles and Best Practices along with the quarter-century of history of our members in the market, position EMA to be a leading force in advocacy, education and networking. I am looking forward to re-engaging with longstanding and new EMA members and industry partners to elevate the profile of environmental market-based solutions." 

    If you’d like to schedule a time to provide insights and feedback, please contact Lauren at lauren@enviromarkets.org or 202-446-1641 and save the date for the upcoming EMA Member Town Hall on Friday, May 14th.


    SAVE THE DATE – EMA MEMBER TOWN HALL - May 14th 4:00pm EDT The EMA Board will be hosting an EMA Member Town Hall on Friday, May 14th to discuss the future vision and strategy of the organization. This is also an opportunity to ask questions, volunteer for committees, and connect with fellow members. Register here.

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    About EMA

    The Environmental Markets Association (EMA) is a as a 501(c)(6) not-for-profit US-based trade association representing the interests of companies that are involved in the trading, legislation and regulation of environmental markets.  EMA promotes market-based solutions for environmental challenges through sound public policy, industry best practices, effective education and training, and member networking. EMA represents a diverse membership including large utilities, emissions brokers and traders, exchanges, law firms, project developers, consultants, academics, NGOs and government agencies.  EMA is a pro-business and pro-environment industry trade association that advocates for competitive and tradable market-based solutions for solving the world's most pressing environmental challenges, while simultaneously contributing to economic development. www.enviromakets.org 

  • April 27, 2021 9:34 PM | EMA Staff (Administrator)

    (April 27, 2021) - Duke Energy is rebranding its renewable energy businesses as Duke Energy Sustainable Solutions. The brand unifies products and services offered by Duke Energy Renewables, REC Solar, and Duke Energy One.

    The unified brand will partner with companies to provide projects at scale, specifically offering financing, planning, construction and installation, fleet electrification, off-site renewables, distributed generation, energy resiliency, and management services.

    The business unit will be run by Chris Fallon, who will serve as president of Duke Energy Sustainable Solutions. Fallon is a 21-year veteran of the company and previously was president of Duke Energy Renewables. He earlier was vice president of nuclear development.

    Read the full story here.

  • April 21, 2021 10:40 AM | EMA Staff (Administrator)

    CHANHASSEN, Minn.April 20, 2021 /PRNewswire/ -- Online printer Smartpress.com demonstrated its commitment to leading the print industry in environmental stewardship through a purchase of renewable energy credits (RECs) and carbon offsets from 3Degrees, Inc. Smartpress' Carbon Neutral Program offsets 100% of the company's emissions and those made by energy partners on their behalf.

    Read the full story here.

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