BRIEFING: Path to SAF uptake lined with taxes on fossil jet fuel, flight surcharges, say analysts

Published 16:58 on February 24, 2025  /  Last updated at 17:24 on February 24, 2025  / /  Americas, Aviation/CORSIA, EMEA, International, US, Voluntary

Surcharges on flights to account for the cost of sustainable aviation fuel will become “relatively common practice” by 2030, while taxing fossil jet fuel could also be on the cards as a way to reduce the cost difference between traditional and clean methods, said analysts during an energy forum in London.

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FEATURE: Oil majors tout CCS as only option to decarbonise UK’s hard-to-abate industries

Published 14:44 on February 24, 2025  /  Last updated at 14:44 on February 24, 2025  / /  EMEA, EU ETS, UK ETS

A clear UK plan to spearhead development of carbon capture and storage (CCS) projects is urgently needed to decarbonise hard-to-abate industries and to achieve the 2030 clean power goal, according to the oil majors behind CCS clusters in England.

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INTERVIEW: Reintroducing soil fungal biodiversity can drive 30% biomass gain in reforestation projects

Published 14:40 on February 21, 2025  /  Last updated at 08:50 on February 24, 2025  / /  Americas, Nature-based, US, Voluntary

A biotech company has demonstrated an average 30% gain in biomass of reforestation projects in the southeastern US by reintroducing soil fungal biodiversity, which it says can accelerate tree growth and carbon removal.

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UK govt consults on ways to improve subsidy scheme to speed up clean energy rollout

Published 12:52 on February 21, 2025  /  Last updated at 12:52 on February 21, 2025  / /  EMEA, UK ETS

The UK government has launched a consultation on ways to improve the country’s flagship contracts for difference (CfD) subsidy scheme, including the potential relaxation of planning consent for offshore wind, in a bid to accelerate clean energy rollout.

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INTERVIEW: Easier and cheaper to balance grid via households than power plants

Published 16:35 on February 19, 2025  /  Last updated at 16:38 on February 19, 2025  / /  EMEA, EU ETS

Delivering grid balancing services by aggregating household energy demand is easier and cheaper than switching fossil fuel power plants on and off, according to a software company operating with a large European utility.

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INTERVIEW: Nigeria project expects to generate up to 6 Mt worth of Paris-aligned carbon credits per year

Published 14:42 on February 18, 2025  /  Last updated at 12:50 on February 20, 2025  / /  Africa, EMEA, International, Nature-based, Paris Article 6, Voluntary

A new entity is being launched to spearhead a project in Nigeria aiming to generate 5-6 million tonnes of carbon removal and avoidance credits related to mangroves and seagrass restoration, with government assurance given that credits can be aligned with Article 6 of the Paris Agreement and traded internationally.

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Carbon capture pilot to launch at UK energy-from-waste facility, support CCS cluster

Published 11:13 on February 18, 2025  /  Last updated at 11:40 on March 3, 2025  / /  EMEA, UK ETS, Voluntary

A UK waste management company will launch a carbon capture pilot at an energy recovery plant in preparation for the full-scale deployment of new carbon capture and storage (CCS) technology at another facility, which will be the first of its kind in the country.

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CO2 standards, carbon pricing essential to boost aircraft efficiency -study

Published 15:15 on February 17, 2025  /  Last updated at 15:15 on February 17, 2025  / /  Americas, Asia Pacific, Aviation/CORSIA, EMEA, International

The International Civil Aviation Organisation (ICAO) should bolster CO2 standards in order to improve aircraft efficiency and reduce aviation’s impact on climate change, according to a new study published as the UN aviation agency enters a two-week meeting today to discuss new standards.

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INTERVIEW: BNG market taking off, with more buyers entering the fray -developer

Published 00:01 on February 12, 2025  /  Last updated at 10:54 on February 17, 2025  / /  Biodiversity, EMEA, Nature-based, Voluntary

England’s market for biodiversity net gain (BNG) is taking off, said a developer, which sold more units in January than during the whole second half of last year.

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SBTi aims to release draft Corporate Net zero Standard for consultation in March

Published 16:58 on February 10, 2025  /  Last updated at 10:34 on February 11, 2025  / /  Americas, Asia Pacific, EMEA, International, Nature-based, Voluntary

The Science Based Targets initiative (SBTi) intends to put the first draft of its new Corporate Net-Zero Standard up for two public consultations, establish expert groups to consult on key issues, and run pilot tests before it finalises the highly anticipated revision by the end of this year, it said on Monday.

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