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Showing posts from July, 2024

What does Canada's move toward net-zero impact mean for your company

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What does Canada's move toward net-zero impact mean for your company? According to what we interpret as Agile Advisors' Net Zero , Numbers will always be a powerful combination. When we collaborate, we perform better. Change occurs more swiftly and efficiently, whether it be locally or globally. It is the same process from coast to coast to eliminate greenhouse emissions (GHGs). Adopting net-zero policies by Canadian businesses, tiny and medium-sized ones, will be essential to achieving the country's 2050 goal. It is logical. Approximately 68% (8.2 million) of the private sector workforce comprises small enterprises, defined as those with 99 or fewer paid employees; the remaining 20% are medium-sized businesses (100–499 employees). As Agile Advisors with Net Zero Carbon , we difference when reducing their carbon footprint. However, the reality is that the world is transitioning, and it will impact every business and industry. “That is why groups such as Green Economy Canada

UK Carbon Border Adjustment Mechanism Fact Sheet

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  Agile Advisors is where we work as a CBAM , the government has confirmed that it will adopt a UK CBAM by 2027. It has released a summary of comments and government response to the consultation, following rigorous study and careful assessment of the potential ramifications. The intensity of greenhouse gas emissions from the imported good and the difference (if any) between the carbon price in the country of origin and the carbon price that would have been applied had the good been made in the UK will determine the obligation imposed by the CBAM. Based on the emissions included in imported goods, the importer of products falling under the UK CBAM's purview shall be directly liable for CBAM obligation. Emissions certificates will not be traded or purchased under this scheme.   In our capacity as Agile Advisors'  CBAM regulations , in 2024, a consultation will be held on further specifics regarding the design and implementation of a UK Camtho UK CBAM will apply a carbon price to

How Do Businesses Aim for Net Zero?

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  Being one of Agile Advisors' top Net Zero Consultant , A corporation that strives for net zero emissions is making an effort to make sure that it does not release more greenhouse gases into the atmosphere than it takes out. A company must aim for net zero emissions, meaning that none of its operations, supply chain, goods, or services should negatively affect greenhouse gas emissions [1]. This can be achieved by lowering their emissions through increased productivity, product innovation, investments in the production and purchase of renewable energy, or using offsetting techniques to balance off the emissions they produce. Buying carbon credits or utilizing carbon capture, use, and storage (CCUS) are two examples of offset strategies.   In terms of Agile Advisors, we are a Net Zero , the net-zero initiative aims to prevent climate change's effects and maintain a habitable planet. To achieve this, the rise in global temperature must be kept below 1.5°Cover pre-industrial level

Independent examination of net zero: Mission zero

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  Being among the top Net Zero Carbon  Agile Advisors, the government's pledge to guarantee that the UK cuts its greenhouse gas emissions by 100% from 1990 to 2050 is known as the "net zero target." If fulfilled, the UK's greenhouse gas emissions would be either the same as or lower than the emissions it removes from the atmosphere. The Climate Change Act 2008 (2050 Target Amendment) Order 2019 made the net zero target legally enforceable. Before this, the UK had a legally mandated goal to cut emissions by 80% by 2050 compared to 1990. The government said the UK was the first developed nation to enact a net zero emissions law. In October 2019, the government released "Net zero strategy: Build back greener," outlining its roadmap for achieving this goal.   Representing Agile Advisors as a Net Zero Consultancy , this included plans and strategies for achieving net zero by 2050 and decarbonizing every sector of the UK economy. The government ordered an impartia

Businesses can learn about section 2 of the Carbon Border Adjustment Mechanism (CBAM) from this resource.

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  Serving as an Agile Advisors  Carbon Border Adjustment Mechanism , The European Union (EU) has launched a revolutionary program called the Carbon Border Adjustment Mechanism (CBAM) to combat carbon leakage and encourage cleaner industrial production worldwide. The CBAM puts a carbon price on imported commodities based on their carbon emissions, encouraging domestic and foreign companies to lessen their carbon footprint to pursue its ambitious goal of becoming climate neutral by 2050. Its execution started in May 2023.The Carbon Border Adjustment Mechanism (CBAM) is implemented in two phases with diligence. This calls for detailed information on energy usage and emissions during manufacturing. This phase seeks to encourage cleaner production techniques by placing a carbon price on the items and supporting it with criteria that guarantee an open review process.   Using Agile Advisors as a CBAM , this allows the costs to align with the pricing of the EU's Emissions Trading System (E

The Advantages of An Energy Audi

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  Working with Agile Advisors as an Energy Auditor , A mechanical or kinetic approach could preserve energy input into the system without adversely affecting power output. As part of the integrated approach to energy management, where all the systems are optimized for energy efficiency and environmental protection, energy audits are frequently incorporated into building plans. You will be pleased and proud of your efforts when your home energy audit identifies opportunities to save energy expenditures and lower your utility bills. Your bills will go down proportionately to the amount of money you invest in energy-efficient practices and equipment because you will save more that way. Energy audits alone, though, are insufficient. Additionally, you should install energy-saving appliances and upgrade your insulation to try and slow down the rise in energy prices. An energy audit's objective is to increase your home's Efficiency, significantly reducing your contracted energy expens

There is an active Carbon Border Adjustment Mechanism (CBAM). What should be taken into account?

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  In our capacity as Agile Advisors' CBAM regulations , there isn't currently a global CO2 price. The European Emissions Trading Scheme (EU-ETS) was created in 2005 as a critical climate protection tool to help the European Union meet its climate commitments [5]. Companies participating in this program must buy European greenhouse gas emission permits (EU-ETS certificates) to make up for their emissions. One ton of CO2 equivalent emissions is covered by one EU-ETS certificate. Compared to businesses in the same industry outside the EU, which are exempt from similar CO2 levies, European enterprises engaged in CO2-intensive industries face a competitive disadvantage due to this CO2 pricing. The distribution of free EU-ETS certificates to CO2-intensive enterprises was instituted to mitigate the unequal competition circumstances faced by European companies and prevent the leakage of carbon to third nations. As an Agile Advisors Carbon Border Adjustment Mechanism , according to

Energizing the Future: The Philippines' Need for Energy Audits

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  For your benefit as an Agile Advisors Energy Consultant , an extensive evaluation of a facility's energy performance and usage is called an energy audit. Preliminary Energy-Use Analysis, On-Site Audit Procedures, and Detailed Audit Analysis and Reporting are the three main steps involved. An initial assessment appraises the establishment's past energy consumption and juxtaposes it with analogous establishments. To find energy inefficiencies, the on-site methods entail a comprehensive evaluation of the building's equipment, systems, and structure. Lastly, a thorough report is created detailing possible energy-saving strategies, their associated expenses, and their payback times. A walk-through audit offers a quick summary of energy performance; a general audit provides a more thorough examination; and a full audit offers a technical, in-depth analysis of patterns in Energy audits are essential for many reasons. They highlight areas where energy can be saved, which results

Asia-Pacific region's response to a European carbon border adjustment mechanism

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  As far as CBAM  in Agile Advisors is concerned, the EU declared in July 2021 that it will implement a Carbon Border Adjustment Mechanism (CBAM) to address carbon leakage. This takes the shape of an extra carbon pricing mechanism put in place at the EU border, the value of which is decided by comparing the carbon prices that producers in the EU and outside the EU pay for a particular good. The EU hopes to guarantee level playing fields for its industry by doing this. While many point out that carbon border adjustments could lead to a decline in exports, aggravate regional disparities amongst exporters, and be challenging to execute because of legal challenges resulting from WTO conventions, they are nevertheless seen as an effective tool against carbon leakage.     Being in Agile Advisors as a CBAM regulations , we also present a case study of how the policy has affected the Asia and Pacific (APAC) region, home to numerous sizable developing economies. Since broad carbon pricing still

A faster path to carbon neutrality with the Net-Zero Industry Act

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  Being an Agile Advisors  Net Zero Consultant , the Net-Zero Industry Act seeks to increase European manufacturing capacity for net-zero technologies and their essential components by removing obstacles to scaling up European production. The Regulation will promote market access for clean technology in the EU, draw investments, and make the net-zero technology industry more competitive. This objective will give investors and manufacturers a sense of stability, confidence, and long-term signals. The Act intends to establish a market for CO2 storage services inside the Union by 2030.It requires an annual CO2 storage capacity of at least 50 million tons and establishes a goal at the Union level. The NZIA includes finished goods, parts, and equipment required to produce net-zero technologies.   Ranking among the top Net Zero  in Agile Advisors, the Act also applies to producers who engage in decarbonization and make components for net-zero technology, such as those in the energy-intensive

For my company, what does being net zero mean?

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  Being among the top Net Zero Carbon  Agile Advisors, the world is beginning to focus on achieving net zero, an essential global goal. Climate science tells us that to prevent the worst effects of climate change and control global warming, we must reach this goal by 2050.We can accomplish our goal and build stronger, more resilient enterprises. The COVID-19 pandemic allowed us to reevaluate our methods of operation and demonstrated the viability of taking action as a group when faced with an unforeseen problem. Since 2020, the UN has announced a plethora of net-zero targets as part of its Race to Zero initiative. What does net zero mean for an organization, and what does a solid and effective strategy for reaching net zero look like as we approach COP27 and the mounting urgency for climate action?   Working with Agile Advisors as a Net Zero Consultant , the difficulty with net zero has been the lack of a globally accepted definition and any common procedures for achieving it. With the

In what ways does your firm benefit from the Carbon Border Adjustment Mechanism (CBAM)?

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  Functioning as a Carbon Border Adjustment Mechanism  in Agile Advisors, Companies will only report on the embedded emissions of their imported items during the transitional phase. Companies that either fail to file a CBAM report or file one improperly or incompletely will face penalties. Penalties for unreported embedded emissions in CO2 range from 10 to 50 EUR per tonne1.Companies will also have to buy so-called CBAM certifications to cover the embedded emissions of the imported items in just two years, beginning in January 2026. The EU ETS pricing will dictate the certificates' worth. Stated differently, a carbon "tax" on imported goods will be imposed at the border to guarantee that the cost of importing high-carbon goods is equivalent to manufacturing them within the EU.   As a CBAM  in Agile Advisors, the exporting company's decarbonization activities may be reflected in this carbon price, but it could also have been paid to non-EU cap and trade programs. To ca

What would the profits be if I let my utility company perform an energy audit?

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  Agile Advisors provide Energy Auditor , an examination in the spring? Sounds like the worst possible tax season. However, in terms of how much energy you consume at home, it can be precisely what you need to start saving money. An expert evaluates the quantity of energy your home uses with an energy audit. They also point out ways to improve the energy efficiency of your house. These typically take place in two stages. Initially, the auditors set baseline standards for the appropriate energy use of your house. The building, the HVAC systems, and historical energy bills are the basis for this. After that, they compare the energy's current consumption. The auditors then measure the actual house using advanced tools and methods. They check for everything from leaks to how well the HVAC system separates hot and cold air. All of this information is included in the report, which details the efficiency of your house and offers suggestions for improvement.   Working as an Energy Consulta

Supply Chain Effects of the EU Carbon Border Adjustment Mechanism (CBAM)

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  As an Agile Advisor's CBAM regulations , in line with EU GHG reduction targets, the CBAM essentially sets a price on some greenhouse gases (or "GHGs") released during the manufacturing of specific imports, eliminating "carbon leakage" and leveling the playing field for companies in the EU and outside. The term "carbon leakage" describes the industry movement as a result of regional variations in carbon pricing regulations. The CBAM currently covers certain items related to cement, iron and steel, aluminum, fertilizers, power, and hydrogen. By 2030, the EU hopes to evaluate the CBAM and broaden its scope to include more than half of emissions into EU ETS sectors by the time the CBAM is fully implemented in 2034. The Commission has announced that corporations can request a delayed submission, which will give them an extra 30 days to complete their CBAM report, in light of challenges encountered during the report filing process.   Serving as an Agile Ad