US Steel’s CCS project in Indiana does little to address overall facility emissions, perpetuates pollution -non-profits
US Steel’s recently announced carbon capture project at its integrated Indiana steel mills will have an insignificant impact on overall GHG output and ongoing pollution concerns, non-profit groups said Wednesday.
Read MoreUS carbon developer sells first forest credits for $34 apiece
A New York-based developer of nature-based carbon projects announced on Wednesday the sale of its first batch of Improved Forest Management (IFM) offsets for $34 each.
Read MoreUS oil giant launches $500 mln clean energy fund
A California-headquartered fossil fuel firm announced its third and largest venture capital fund to date of $500 million, focused on clean energy technologies to improve its core business and drive lower carbon options.
Read MoreCalifornia and Norway sign MoU collaborating on renewable energy, decarbonisation
The Memorandum of Understanding (MoU) between California and Norway signed Tuesday, establishes a framework of voluntary cooperation on areas including clean energy, zero-emission transportation and ports, carbon removal, and climate-smart agriculture.
Read MoreInvestor launches energy transition ETF targeting carbon markets
An investment management firm has launched a new energy transition exchange-traded fund (ETF) tracking several compliance carbon markets.
Read MoreJapanese oil refiner make first foray into forest carbon
One of Japan’s biggest oil refiners has made its first foray into the forest carbon market, as it continues to seek opportunities in the carbon removal sector as part of its climate strategy, it announced Wednesday.
Read MoreCORRECTION: ANALYSIS: Environmental, economic interests converge in US federal CBAM bills
Proposals for various forms of a US carbon border adjustment mechanism (CBAM) are bringing together environmentally focused and economically inclined politicians from opposite sides of the political spectrum, offering a rare glimmer of hope for bipartisan agreement against an increasingly contentious climate-oriented global trade backdrop.
Read MoreTexas and California firms partner to develop SAF using waste CO2
A California low-carbon electrofuels (efuels) developer has agreed to purchase captured CO2 from a Texas energy firm to primarily produce sustainable aviation fuel (SAF), the companies announced Wednesday.
Read MoreBezos Earth Fund to award $100 mln for AI-based climate solutions
US-based Bezos Earth Fund on Tuesday announced $100 million available in grant awards for solutions that use AI to address climate change.
Read MoreCCUS investments may dampen profitability, if cheaper clean alternatives are available -report
Investments in carbon capture and utilisation or storage risk squeezing margins for businesses that use the technology to extend the life of polluting assets when cheaper alternatives are available, according to a research report by Moody’s.
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