Onyx Transition is an innovative climate investment platform designed to respond to the climate crisis at the speed, scale and impact required.
Our model addresses two of the most urgent climate challenges: dependence on fossil fuels and the accumulation of greenhouse gases in the atmosphere.
Onyx designed an incentive – the Elimination Credit – to accelerate the early retirement of emissions-intensive oil fields today and drive the resulting proceeds into carbon-removal projects and technologies.
Onyx converts oil value into carbon value. By shutting in profitable, actively-producing oil fields at least 10-15 years before their planned end-of-life, Onyx produces high-quality carbon credits that accelerate the transition while creating a significant new pool of capital for investment in climate restoration.
Our team brings decades of experience in global climate policy, carbon markets and climate investment to the venture, and is supported by an ecosystem of leading academics, researchers, market experts, and NGOs.
Onyx Transition is supported by Ontario Teachers’ Pension Plan.
Company Details
- Employees
- 3
- Founded
- -
- Industry
- Environmental Services
- NAICS
-
Environmental Consulting Services
- Website
- https://www.onyxtransition.com/
- Keywords
- Keep It in the Ground.
Onyx Transition Questions
Onyx Transition's website is https://www.onyxtransition.com/
Onyx Transition's LinkedIn profile is https://www.linkedin.com/company/onyx-transition
Onyx Transition has
3 employees.
View email and phone details for 3
employees at Onyx Transition.
Onyx Transition's industry is
Environmental Services
Onyx Transition's top competitors are
Geisa Principe,
Business Transition Consulting,
Tiger Tanks Trinidad Unlimited,
Community Climate Council,
Carbon Guild,
Solara Group,
Starshot Capital,
Capterio,
Flareintel,
Aion - The Oan.
Onyx Transition's categories are Environmental Services
Onyx Transition's founding year is 2021
