Taxes for UK’s woodland, peatland carbon schemes under review
The income, value-added, and inheritance taxes owed through participation in the UK’s carbon standards for woodland and peatland are still somewhat under review, but there may be some scope to qualify for tax relief, particularly with commercial woodland, experts said on Tuesday.
Read MoreFEATURE: How batteries and AI help increase the resilience of increasingly dispersed electricity grids
Battery energy storage and AI will be critical to strengthening the resilience of electricity grids as they become more dispersed and dominated by renewables, say energy experts.
Read MoreBRIEFING: Hydrogen vehicle developers pitch complementarity with EVs
Multi-use hydrogen refuelling hubs used by passenger and commercial vehicles will be key to the economics of scaling up hydrogen infrastructure, and could also help ease grid constraints, and electricity storage needs, said executives from BMW, Toyota, and hydrogen developer Protium Green Solutions during an event in London on Thursday.
Read MoreFEATURE: Industry, agriculture majors using environmental DNA to tackle risk, boost profits
An environmental DNA company is working with oil majors, miners, and agricultural corporates to identify high risk areas for biodiversity in their supply chains, with the data used to inform business decisions and respond to regulatory drivers.
Read MoreINTERVIEW: Industrial group sees rising demand to decarbonise gas plants with CCS
Demand is growing to decarbonise new gas plants with carbon capture and storage (CCS), particularly to serve the spiralling electricity demand of AI-led data centres, said an industrial group executive, who emphasised the importance of thermal power to maintain system flexibility.
Read MoreExperts share tips to insure against reputational risk in voluntary carbon markets
Buyers should build a strong defence against any potentially negative brand impact of investing in poor-quality carbon projects by using risk mitigation tools such as due diligence, using qualified intermediaries, and ratings agencies, experts said on a webinar Tuesday.
Read MoreINTERVIEW: Insets more effective than offsets to decarbonise heavy emitters, says SAF developer
The market for sustainable aviation fuel (SAF) will ultimately be led by companies seeking to reduce their Scope 3 emissions through ‘book and claim’ systems, rather than by offsets or a concerted policy push, said a commercial-scale SAF developer, who stressed the model could extend to other heavy emitting sectors like steel.
Read MoreQuality of adjusted Article 6 credits depends on countries being serious about their NDC, says market expert
The quality of an Article 6 credit with a corresponding adjustment will fundamentally depend on how serious the host country government is in achieving its Paris Agreement commitments, said a carbon market expert at a London conference Thursday.
Read MoreFEATURE: Glacier survey aims to uncover climate impacts of airborne microplastics
A pioneering study of airborne microplastics from analysing glacier snow aims to understand more about their climate-related impacts, with potential implications for regulating the plastics industry.
Read MoreBioplastics could be cost competitive if carbon price factored in -report
Plastics made from renewable carbon could achieve negative emissions thanks to durable sequestration, and be cost competitive with fossil-based alternatives were carbon costs factored in, a consultancy has found.
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