Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources

Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources
Altar Project: Genneia Offsets the Carbon Footprint of Aldebaran Resources
Share:

Genneia, the country's leading renewable energy company, is partnering with Aldebaran Resources Inc., a mineral exploration company, to offset its carbon emissions generated in Argentina through the issuance of 848 Verified Carbon Units (VCUs).

By Panorama Minero

The certificates were acquired to offset the carbon footprint generated by two of Aldebaran Resources Inc.'s operational centers. Regarding the headquarters located in San Juan Capital, the emissions corresponding to scopes 1 and 2 for the year 2021 were neutralized. This means offsetting both direct emissions from operations and indirect emissions associated with electricity consumption.

Additionally, scope 1 emissions generated during 2021 for the Altar-Río Cenicero Project, located 170 km west of the town of Barreal in the Calingasta Department, province of San Juan, were also offset.

"We are proud of the work done with Aldebaran Resources Inc. in the process of offsetting the carbon footprint of its operations and the significant project they are advancing in San Juan. At Genneia, we continue to reinforce our strong commitment to decarbonizing the industry, thereby promoting the fight against climate change," said Gustavo Anbinder, Business & Development Director at Genneia.

This initiative developed by the company seeks not only to improve its projects by ensuring a triple impact across all its processes but also to encourage each industry to reduce and offset its emissions of harmful gases into the atmosphere, supporting the transition to cleaner energy.

The certification and issuance of carbon credits are an international mechanism for pollution reduction, aimed at decreasing and/or removing greenhouse gas (GHG) emissions. They were established in 2005 under the Kyoto Protocol, as one of the three key measures to reduce GHG emission levels, and are currently promoted by the Paris Agreement (2016), with annual reinforcement during the Conferences of the Parties (COP) on Climate Change.

Published by: Panorama Minero

Category: News

Join our mining community!


Subscribe to our newsletter for exclusive news, insights, and updates on the mining industry and Panorama Minero's latest initiatives.

Illustrative image for the article: San Juan: the change of authorities at IPEEM was decided

San Juan: the change of authorities at IPEEM was decided

The Government of San Juan announced the appointment of Natalia Marchese as the new president of the Provincial Institute of Mining Exploration and Exploitation (IPEEM). The decision was made by Governor Marcelo Orrego, as part of an institutional renewal aimed at strengthening the mining management in the province.
Illustrative image for the article: NGEx: More outstanding results at Lunahuasi

NGEx: More outstanding results at Lunahuasi

NGEx Minerals Ltd. provided the fourth update on its ongoing Phase 3 drill program at the 100% owned Lunahuasi high-grade copper-gold-silver project in San Juan province. Eight drill rigs are now turning at Lunahuasi with eleven holes completed and 16,433m drilled.
Cauchari-Olaroz: EXAR, and a new investment of more than US$40 million

Cauchari-Olaroz: EXAR, and a new investment of more than US$40 million

EXAR, the leading lithium carbonate producer in Argentina, announced an investment of over US$40 million for the installation of a prototype direct lithium extraction (DLE) plant, which will allow it to maximize the efficiency of its production at its Cauchari-Olaroz plant (Jujuy province).
Rio Tinto completes acquisition of Arcadium Lithium

Rio Tinto completes acquisition of Arcadium Lithium

Rio Tinto has completed its acquisition of Arcadium Lithium for $6.7 billion, following the sanctioning of the Scheme of Arrangement by the Royal Court of Jersey on 5 March. Rio Tinto is now the ultimate parent company of Arcadium Lithium, which will become Rio Tinto Lithium, and will also include the Rincon lithium project.