Latest news with #projectdevelopers
Forbes
17-07-2025
- Business
- Forbes
A New Carbon Credit Standard Brings New Hope To The Market
There has been controversy surrounding the forest carbon credit market. Some project developers have been seen as cheating the system by overreporting the amount of carbon sequestered, which allowed them to earn greater revenue from carbon credit sales. We take for granted that nations have to destroy their forests to develop, but carbon credits offer another way. Countries need money to build energy infrastructure, roads and bridges, fund hospitals and universities, and with programs funded by carbon credits, they can develop without destroying their countries. Carbon Credits offer alternative revenues to the government and local communities. This allows a country to develop without destroying its natural resources. Deforestation in Cambodia. Densely canopied forest is destroyed in the pursuit of economic ... More development. This is how carbon credits work: they are coupons that represent some amount of carbon that has been stored in a patch of forest. Corporations can buy these coupons to help them achieve their net-zero commitments. Governments of developing nations can sell carbon credits and earn revenues to develop sustainably. The forest carbon credit market has been heavily criticized, saying that corporations who buy carbon credits are only greenwashing their image. Some criticism has been fair. We acknowledge that there have been enough projects with flawed baselines to justify scrutiny from the press. Some project developers have applied the methodologies in a sloppy way, prompting heavy scrutiny. There have been enough examples of poor integrity in carbon accounting to have delegitimized the wider system in the eyes of many. This led to cynics believing that everyone was overstating how much carbon they actually sequestered. This is unfortunate because pragmatically, carbon credits are our best hope of preserving our remaining forests. The Amazon rainforest being cleared for soybean planting. Mato Grosso state in western Brazil, Oct. ... More 4, 2015 Up until now, there have only been a few accrediting firms in the carbon market. The limited selection of accrediting bureaus has made it such that when a bureau gets criticized, all the associated projects are tainted in the eyes of the carbon credit purchasers. Until now, Verra has maintained a de facto monopoly on the market, but a new firm has been announced and it will be accrediting projects by 2026. As a project developer, I'm very excited. We will have a new standard, Equitable Carbon Standard (ECS) and a new accrediting body, Equitable Earth, which lessens our dependence on Verra and gives more hope to carbon credit buyers. Equitable Earth has stricter requirements for counting carbon, and has a methodology that provides greater empowerment to Indigenous and local people. The new system aims to resolve the lack of trust that the corporate buyers have for project developers. There have been concerns that the amount of carbon being reported did not match the reality on the ground. Separately, there have been complaints that some projects have harmed local people by taking their land away. In the new standard, indigenous people will play a bigger role in project management and benefit sharing. Their elevated position in decision making will hopefully allay some of these anxieties about their wellbeing. Carbon credits are the best, pragmatic way to preserve the forests. Land conversion, clearing forests so that they can be replaced by agriculture, industrial development, or urban expansion, is the biggest driver of deforestation. Deforestation across the Tropical Belt as of 2022. Green shows remaining forests. Carbon Credits ... More offer developing nations a meaningful alternative to the deforest to develop trajectory. Compiled with data from various sources. Global climate commitments include ending deforestation by 2030 and reaching net-zero emissions by 2050. This won't be done by reducing emissions alone. Even with the emerging technologies and strategies that will lower the amount of carbon released into the atmosphere, we still need to absorb and sequester the balance to maintain net-zero emissions. Our forests, and the carbon credits that protect them, offer the most effective way to accomplish this imperative.
Yahoo
30-06-2025
- Business
- Yahoo
Why NextEra Dropped Today, Even as Other Solar Stocks Rallied
NextEra dropped as the Senate's One, Big, Beautiful Bill goes to a vote today. In the final version of the bill, renewable credits phase out quicker than hoped, with heavier-than-expected restrictions on Chinese components. The China provision seems to be boosting U.S. manufacturers while hurting project developers like NextEra. 10 stocks we like better than NextEra Energy › Shares of NextEra (NYSE: NEE) fell on Monday, down by as much as 5.2% before recovering to a 2.3% decline as of 3 p.m. ET. NextEra is both a utility and a developer of renewable power systems, and has therefore been under pressure since details of the One, Big, Beautiful Bill began emerging back in May. Renewables-related stocks did bounce back a bit this month after the Senate's version appeared to offer some tax credit relief that had been restricted in the House's version passed back in May. But over the weekend, a few new provisions divided certain renewable energy stocks into winners and losers, with NextEra coming up on the short end. In the final version of the Senate bill that is getting a vote today, the renewable tax credit is more relaxed relative to the very restricted House version, but is still not as loosened as many in the industry would have hoped. While an earlier version of the Senate bill required utility-scale renewable projects to begin construction by the end of 2027, the current version now restates the project must be placed into service by that time. That could speed up near-term development but halt growth in the industry after 2027. Additionally, the new version of the bill puts an unexpected tax on projects that use Chinese components, which are often cheaper and sometimes the only source for certain project components. While good news for U.S. panel and component suppliers, the provision has the potential to raise costs for developers, such as NextEra. While NextEra's earnings is divided between its utility business, Florida Power & Light, and its development business, NextEra Energy Resources, the development business contributed nearly half of the company's adjusted (non-GAAP) earnings last quarter. The bill being passed today therefore raises questions about the growth of that important Resources segment beyond 2028. So while NextEra's 3.2% dividend should be protected by the FPL utility, the growth of the payout may be incrementally harder to come by, unless there's a change in power in Washington three years from now. Before you buy stock in NextEra Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and NextEra Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Billy Duberstein and/or his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends NextEra Energy. The Motley Fool has a disclosure policy. Why NextEra Dropped Today, Even as Other Solar Stocks Rallied was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
27-05-2025
- Business
- Bloomberg
Tax Bill Can End US Reliance on China Solar at a Transition Cost
A massive tax-and-spending bill passed by the House of Representatives last week marks the culmination of nearly two decades of efforts to decisively wean the US off cheap Chinese solar panels. The measure would clamp down on energy tax credits created or expanded by the 2022 Inflation Reduction Act by imposing a slew of new restrictions, including earlier expiration dates and mandates that projects be free of any connection to China and other so-called 'foreign entities of concern.' Relying on imported materials or components, or having ownership tied to China, could be enough to block project developers from receiving those credits.
Bloomberg
09-05-2025
- Business
- Bloomberg
Zimbabwe Debuts Blockchain Registry for Carbon-Credit Trading
Zimbabwe has debuted a blockchain-enabled registry that will allow approved project developers to trade the nation's carbon credits. The step is aimed at making trade in the emission offsets more transparent and regaining the trust of investors after the southern African nation roiled the global carbon credit market in 2023 by suddenly canceling projects, claiming half of all proceeds and ordering developers to re-register. The move impacted the operations of several project developers including the Kariba Redd+ Project.
