Fewer than one third of large corporate emitters have long-term climate targets aligned with 1.5C
Just 30% of the world’s biggest corporate emitters have climate targets for 2050 aligned with 1.5C, while the credibility of those set is often unclear, according to new analysis published on Tuesday.
Read MoreINTERVIEW: Carbon removal startup eyes Nigerian farmland for biochar removals
A Nigeria-based software startup is aiming to generate 400,000 tonnes of carbon removals in three years’ time by helping farmers sequester soil carbon through the application of biochar, in partnership with a commercial bank.
Read MoreAnalysts propose carbon clearing house to support integration of carbon removals in UK ETS
In response to a recent consultation on integrating carbon removals in the UK ETS, analysts at a non-profit have called for the establishment of an intermediary institution, such as a ‘Carbon Clearing House’, to streamline the market for suppliers and buyers, and to provide greater control over the portfolio and scale of removals being developed in the country.
Read MoreINTERVIEW: Carbon intensity of renewable fuels increasingly factored into contracts
The carbon intensity of renewable fuels is being increasingly factored into contracts, with an expectation that the final price may be adjusted depending on the carbon intensity of the actual energy source delivered, according to a commodity software company.
Read MoreUS carbon project developer calls for European SAF mandates to integrate removals, questions ETS integration
Legislated targets for sustainable aviation fuel (SAF) in the EU and UK should include sub-mandates for carbon removals to incentivise the scale up of the direct air capture (DAC) industry, said an executive at a conference on Wednesday, who also expressed hesitation about the benefits of integrating negative emissions into existing compliance carbon trading schemes in the region.
Read MoreDeveloper using AI to produce carbon removal technology open-sources model
An industrial technology developer using artificial intelligence (AI) to design and deploy new climate technologies has open-sourced an AI model, with its first product set to be a carbon removal technology, in the early stages of commercialisation.
Read MoreBlue hydrogen necessary step on way to greener fuels, say experts
Blue hydrogen, made from natural gas where the CO2 emissions are captured and stored, will be an intermediary step on the path to a wider scale rollout of greener versions made using renewable electricity, said industry experts during a conference Monday.
Read MoreArctic researchers highlight key impacts of global climate change
Scientists working in a part of the Arctic particularly sensitive to the effects of climate change cited wetter winters, record-low summer sea ice, and retreat of glaciers as some of the most notable impacts of a warming climate, during a webinar on Friday.
Read MoreINTERVIEW: Plastics inventor eyes ‘carbon-negative’ SAF using carbohydrates as feedstock
The inventor behind the commercialisation of biodegradable plastic has turned his hand to scaling up sustainable aviation fuel (SAF), and says that producing from corn carbohydrates can be ‘carbon negative’, lower cost, and more energy efficient than using CO2 as a feedstock.
Read MoreINTERVIEW: UK should take a ‘maximalist approach’ to renewables investment to achieve targets
The UK should redesign its contracts for difference (CfD) scheme to take a ‘maximalist approach’ to renewable energy investment if it is to speed up the rollout of clean energy fast enough to meet its targets, according to a trade body.
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