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Navigating Nigeria s energy transition - Peoples Daily Newspaper

Navigating Nigeria s energy transition - Peoples Daily Newspaper
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Navigating Nigeria s Energy Transition: A New Chapter After the End of Subsidies -By Daniel Fasheun – Opinion Nigeria

As a Nigerian, I stand in solidarity with my homeland and firmly believe that with unity and determination, we can turn this crisis into an opportunity for lasting change. Let us come together, learn from the past, and shape a brighter and greener future for Nigeria one that ensures economic resilience and environmental stewardship for generations to come, even as the ‘subsidy is gone’.

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BASF teams with Brazilian biodiesel producer in CBIOs for inputs swap : Biofuels Digest

Producer of soy biodiesel since 2014, 3tentos is entitled to decarbonization credits and will transfer them to BASF, in exchange for the supply of agricultural inputs. The two companies already carry out traditional soybean barter operations and now BASF will receive a new currency, the CBIOs. BASF started to develop this barter model last year, based on the National Biofuels Policy (RenovaBio). The entry into the carbon market, involving “green bonds”, allows the company to meet the needs of customers and encourage activities aimed at the production of renewable energy in the country. With the negotiation, 3tentos uses the CBIOs to which it is entitled as exchange assets. This new currency values companies that produce renewable energy and contribute to annual decarbonization goals for the fuel sector.

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BASF and 3tentos Perform Unprecedented Operation with Decarbonization Credit (CBIOs) – Advanced BioFuels USA

BASF and 3tentos Perform Unprecedented Operation with Decarbonization Credit (CBIOs) – Advanced BioFuels USA
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Carbon market grows in Brazil ahead of expected regulation in Glasgow

Carbon market grows in Brazil ahead of expected regulation in Glasgow Environmentalists worry about Brazil’s willingness to hit reduction targets and the credibility of government-backed trading schemes Share Decarbonisation credits are now traded by biofuels companies on B3, the Brazilian stock exchange (image: Alamy) Chinese power generation company China Three Gorges (CTG) Brasil recently announced the “neutralisation” of its carbon emissions. The goal was achieved, among other things, through the purchase of over 8,000 carbon credits for a conservation project in Vale do Jari, Amapá state, which protects an area of 200,000 hectares. The purchase helps the company mitigate the environmental impact of projects such as the São Manoel hydroelectric plant on the border between Pará and Mato Grosso, which came into operation in 2018 after being fiercely questioned by environmentalists and indigenous groups. The Chinese company expects the credits to completely offset its

France generalMato grossoEstado do rioMinas geraisTo kyotoUnited statesMariama vendraminiPedro moura costaFabiano contaratoRicardo sallesNational biofuels policy renovabioChicago climate exchange or brazilWorld bankEnvironment commissionChina three gorgesBrazilian environment minister ricardo salles