Tag: insetting
Zero Emission Shipping Accelerated with Launch of Carbon Insetting Program
In a significant development during the Connecting Europe Days, a leading consortium of maritime organizations introduced the world’s first Carbon Insetting Program for Zero Emission Shipping. This pioneering initiative, unveiled at the RH2INE CE Days session by Future Proof Shipping (FPS), Zero Emission Services (ZES), and 123Carbon, operates within the decarbonization framework of the Smart…
MOL Partners with Climate Tech Firm, 123Carbon to Complete Insetting Pilot Supporting customers’ Scope 3 reduction targets
Mitsui O.S.K. Lines, Ltd. yesterday announced that it has completed an insetting pilot with 123Carbon B.V. (note 1) by tokenizing the GHG emission reductions from the Net Zero Voyage (note 2) which was conducted jointly with Methanex Corporation in February 2023. This allows MOL to allocate the GHG emission reductions from the use of biomethanol…
Chevron partners with 123Carbon on marine carbon insetting pilot
123Carbon, the first independent blockchain-based carbon insetting platform for the transport sector, today announced that it has completed an insetting pilot with Chevron by tokenising the emissions reductions associated with bunkering of biofuel for Chevron-owned vessel in Singapore. This successful pilot allows for further introduction of carbon insetting capabilities to other third-party customers. Carbon insetting…
Titan and 123Carbon partner on carbon insetting to progress clean fuel transition
Titan, the independent clean fuel supplier and 123Carbon, the first independent blockchain-based carbon insetting platform for the transport sector are today announcing that they have issued the first LNG-based carbon insets, readily available to the market. Carbon insetting enables fuel suppliers and vessel operators to transfer the environmental benefits of clean, lower carbon intensity fuels…
