First contracts signed under UK’s Hydrogen Allocation Round 1
The first hydrogen production contracts have been signed under the UK’s Hydrogen Allocation Round 1 (HAR1), the Low Carbon Contracts Company (LCCC) has announced.
Read MoreGreen protein startup secures €5 mln to fund commercial carbon capture scale-up
A startup developing technology for sustainable microalgae production with a carbon-negative footprint has secured €5 million in a funding round.
Read MoreINTERVIEW: CO2 to e-methanol project aims to improve outlook for EU steel
An industrial project to decarbonise steel and produce e-methanol aims to improve the competitiveness of Europe’s steel industry and reduce its exposure to the EU ETS.
Read MoreUK to review energy regulator following string of supply failures
The UK government has launched a review of energy regulator Ofgem, seeking to bolster consumer protection and speed up infrastructure approval, it formally announced Thursday.
Read MoreFrench utility signs offtake agreement for first full-scale CO2 battery in Sardinia
A French utility has signed an offtake agreement with the developer of a CO2 battery in Sardinia, Italy, which will provide long-duration energy storage to the Italian grid.
Read MoreSocial cost of carbon reaches almost $300/t when climate impact on human welfare considered -study
The social cost of carbon (SCC) is being significantly under-estimated as current calculations fail to adequately consider how climate change could affect human welfare, with implications for policy making, a new study has found.
Read MoreFEATURE: CSRD to spell end of companies cherry-picking how they disclose climate risk
The requirement for many large companies to start disclosing under the EU’s Corporate Sustainability Reporting Directive (CSRD) from next year will improve the quality and consistency of reporting on ESG issues, bringing it up to investor-grade quality on par with other financial disclosures, experts have said.
Read MoreUK govt launches consultation on implementing CORSIA
The UK Department for Transport (DfT) has launched a consultation on Monday laying out proposals for how to implement the UN’s Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), including potential fines for non-compliance.
Read MoreEuropean cement giant partners with carbon capture startup, aiming to decarbonise portfolio
A large European building materials company has signed a cooperation agreement with a carbon capture startup, aiming to use the technology to help decarbonise its global portfolio of industrial plants.
Read MoreFEATURE: Sinking biomass in anoxic basins attracts scientific interest but no guarantee of regulatory approval
Several startups are proposing sinking biomass in anoxic basins, such as the Black Sea, to sequester carbon and generate removal credits, though they face hurdles related to wider scientific approval and regulatory sign-off before they can move ahead.
Read More