Mining industry faces tough road to decarbonisation amid surging demand for critical minerals -report
The global mining industry faces a steep challenge in its efforts to decarbonise, with emissions reductions falling far short of targets needed to align with international climate goals, according to a new report.
Read MoreStakeholders make final case for OCFP changes ahead of vote on approval
The final draft of Oregon’s Clean Fuels Program (OCFP) requires numerous refinements to better support businesses and drive investments for low carbon initiatives, industry voices told the state’s Department of Environmental Quality (DEQ).
Read MoreCarbon removal buyers club signs offtake agreement with South American biochar developer
A carbon removal buyers club on Thursday announced a multi-year CDR purchase agreement with a South American biochar producer.
Read MoreEnergy professionals sceptical UK will hit climate targets
Most energy professionals in the UK believe the country will fail to hit its climate targets, casting doubt over the government’s flagship policy to decarbonise the electricity grid by 2030, a survey has found.
Read MoreState of Colima approves second-highest CO2 tax in Mexico
The Mexican state of Colima approved a new carbon tax Tuesday, making it the ninth state in the country to adopt such a policy.
Read MoreMajor carbon ETF adds Washington state allowances to holdings after market survives vote
A major US-listed carbon ETF has added Washington state’s cap-and-trade allowances to its holdings in its latest reweighting.
Read MoreClimate finance firm to source 250k credits from US-based soil carbon project
A California-based climate finance firm inked an agreement Wednesday with a carbon farming programme in which the firm will gain access to 250,000 credits sourced from a US-based regenerative agriculture soil carbon project.
Read MoreUS DAC company raises $150 mln in Series B funding to scale technology
A California-based direct air capture (DAC) company announced on Wednesday $150 million in funding from a range of industrial and venture capital investors aiming to drive down costs of the technology.
Read MoreEU’s upcoming low-carbon hydrogen rules could help scale up market, says think tank
An upcoming law defining low-carbon hydrogen could help scale up the market and help reduce emissions in the EU’s hard-to-abate sectors while renewable hydrogen is still not available in the required quantities, a report by a Brussels-based think tank said on Wednesday.
Read MoreClear demand signal needed to scale CORSIA carbon credit supply, says Guyana
Airlines need to show a clearer demand signal if countries are to supply sufficient levels of CORSIA-eligible credits to meet the demands of Phase 1 (2024-26), a representative from Guyana told a carbon industry conference.
Read More