A recent New York Times article highlighted some unintended consequences of pushing electricity consumption as part of a plan for reaching climate goals. These consequences lead us to think about whether or not fossil fuels are really going away.
Carbon credit values fell during the last half of 2023 and began 2024 looking weak. Will there be a rebound this year?
Twin Feathers and Propaneandoiltraining.com present free 30-minute web session October 17, 2023, 2 p.m. The session, “Carbon Credits and Your Fuel Company” will discuss how carbon credits can be used to make your company carbon neutral. Register for this free session at propaneandoiltraining.com.
How carbon credits benefit your business. We wrap up our series on carbon neutrality with a discussion of the ways carbon credits benefit your business today. For more information on how carbon credits can help your business reach carbon neutrality, contact your Twin Feathers team.
How to purchase carbon credits-Part 2. We finish discussing the process of purchasing carbon credits and the importance of retiring them. Twin Feathers purchases carbon credits for clients with the intent that the purchase will cause them to be carbon neutral.
How to purchase carbon credits, Part 1. We will walk you through the “nuts and bolts” of purchasing carbon credits. We begin the discussion by talking about the importance of a business valuation and why it’s important to pick a category of carbon credit, either general contract or specific certified project.
Carbon credits offset or reduce the amount of carbon emissions your business produces. Purchasing carbon credits can help your business achieve carbon neutrality.
Carbon credits should be part of your plan to get ahead of coming changes in the energy market. We explain why it’s important to plan for change now, and how carbon credits will help your business get ahead of government regulations, offer unique marketing opportunities, and sustain profitability for the long term.
How to reach carbon neutrality. We provide expert information to help your business be proactive in dealing with the changing energy market.
Carbon neutrality is the idea of reaching net zero greenhouse gas emissions by creating a balance between the amount of gas emitted into and absorbed from the earth’s atmosphere. Creating this balance is part of a larger push toward less fossil fuel consumption in the future. Carbon neutrality centers on the desire to lower emissions released through fuel consumption. The main emission targeted today is carbon.
Carbon neutrality – a push toward less fuel consumption.
All fossil fuels – oil, coal, natural gas and more – contain carbon. Burning or otherwise consuming these fuels releases carbon into our atmosphere. This release of carbon is said to degrade the earth and its environment.
Whether you agree or disagree with the view that carbon emissions are dangerous, the premise that they are harmful drives a major portion of the current climate change agenda.
California has been a leader in the move to reduce carbon emissions. The state uses a Carbon Intensity (CI) factor to evaluate the amount of carbon emissions a fuel produces.
They assign each fossil fuel and energy source some type of CI value. The end goal for this value is like scoring in golf – those in charge want the lowest CI score to win.
An example of how this scoring could work is comparing traditionally created propane, with a CI score in the 78-80 range, to gasoline, which has a score of 90-100. Propane has a lower score than gasoline, which is good. However, those in charge want very, very low scores – scores that are 50-70, or lower.
We will continue our series on carbon neutrality and its impact on your business on July 22. Please contact your Twin Feathers team for more information on smart solutions for navigating the shift to carbon neutrality.
Rest easy knowing we’re your guide for energy industry market expertise and commodity advising.
1
Contact our team to schedule a free consultation with one of our experienced professionals.
2
We’ll analyze past year’s performance to identify pain points and areas for improvement, including a comprehensive savings evaluation.
3
We’ll recommend the best plan to meet the unique needs of your business and provide a detailed price estimate before getting started.
We enjoy working with Twin Feathers. Great people who have helped our business!
Twin Feathers has taken the burden of the everyday supply logistics off our plate and allowed us to focus on our operations in the critical times of the year. They have educated our team along the way and helped us brainstorm options/risks that fit our business model. Twin Feathers has allowed the Tevis organization to explore opportunities within the supply and hedging arena that we would not have been exposed to without the relationship.
We experience less angst when making a futures purchase.
They not only taught us how to plan and diversify our supply, but also new ways to protect the price. They have been great at negotiating supply deals and putting plans in place to know we will be secure when the market is not. I am confident that if things get tight we will be in a better position than our competitors.
We can’t say enough about the high level of service the entire team provided us. We relied on them and they came through for us over and over. They are complete professionals and a pleasure to do business with.
It has been one of the best decisions that our company has ever made. The Twin Feathers team have looked after our interests since day one, and have executed the plan each year very well.
Twin Feathers has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.
