A critical challenge in carbon trading platforms is that buyers often value environmental, social or economic co-benefits. These additional benefits arise from the carbon avoidance or sequestration activity over and above the fact that it has resulted in a reduction in greenhouse gases — such as procuring carbon credits from…

The Good: The world is becoming aware of climate change disaster. The earth’s system has always suffered from disasters linked to climate and weather extremes. But they are becoming more frequent and intense as the world warms. Hotter temperatures change the global weather patterns, and these shifting patterns exacerbate dangerous…

Hydrogen as an energy source Hydrogen is an energy carrier that can be produced from a variety of sources including water, fossil fuels, or biomass and can be used as a source of energy or fuel. Hydrogen has the highest energy content of any common fuel by weight (about three…

The looming threat of climate change has prompted strong efforts from both the public and private sectors. These efforts are challenging the traditional methods for energy consumption. The automotive industry responded in kind, with major automakers strongly ramping up Electric Vehicle (EV) production. As a result, the hybrid and EVs’…

Increase in DER integration In response to climate change concerns, the decarbonisation and digitalisation of the electricity sector have been accelerated in recent years. The path toward decarbonisation is associated with the high penetration of distributed energy resources (DER), such as rooftop solar, home batteries, and electric vehicles (EVs) with…

Defining track and trace The ability to capture the status of a product through the value chain is referred to as track and trace. Through track and trace, the past and present locations of all product inventory, as well as a history of product custody can be identified. A track…