Food processor to deploy its first green hydrogen project at manufacturing site in England
The maker of Philadelphia cheese and Capri-Sun juice is turning to green hydrogen to partially replace natural gas demand at a large manufacturing plant in northwest England, as it strives to curb its carbon footprint in line with its emissions reduction goals.
Read MoreINTERVIEW: EU CBAM to clean up corporate supply chain, promote insetting
The rollout of the EU’s Carbon Border Adjustment Mechanism (CBAM) could encourage companies to further engage with decarbonising their supply chain through the process of insetting, said a carbon management platform that helps companies measure and report on their emissions.
Read MoreIMO “more and more confident” of agreement on pricing mechanism for shipping -briefing
The newly appointed secretary general of the International Maritime Organisation is increasingly confident that an agreement will be reached on the technical measures and pricing mechanism to implement under its GHG strategy, he told a press briefing on Thursday.
Read MoreINTERVIEW: Using carbon finance to support provision of clean water holds untapped potential
Clean water access could be sped up through monetising the associated carbon benefits, increasing finance to projects historically reliant on philanthropy and grant support, according to stakeholders in the sector.
Read MoreFEATURE: Cruise industry sails to greener horizons, driven by carbon pricing pressure
The growth in carbon pricing mechanisms faced by the maritime sector will help to further incentivise the cruise industry to decarbonise its fleet, though doing so requires the scale-up of low-carbon fuels and port electrification, which are still at relatively low levels.
Read MoreMicrosoft commits to buy first carbon removal credits from regenerated grasslands
Microsoft has committed to purchase carbon removal credits from grasslands in the US, which will support ranchers to implement regenerative land management practices to sequester additional soil carbon.
Read MoreManagement platform raises $10 mln to help carbon project developers streamline operations, ditch spreadsheets
A software platform to aid project developers manage the lifecycle of carbon credits has raised $10 million across two funding rounds, which it will use to grow its team and capabilities.
Read MoreBenefits of renewables clearly outweigh adverse effects, says report
A new report analysing the potential negative impacts of scaling up renewables concludes that the benefits of clean energy largely outweigh any potential adverse effects they may have, particularly when projects adopt a ‘best practice’ approach.
Read MoreClimate tech deals in carbon, industry were bright spot in otherwise tough 2023 -analysts
Investor appetite for climate tech deals in industry and carbon was particularly strong last year, even as overall investment dropped 30% on the year prior, say analysts.
Read MoreFEATURE: New initiative weighs up carbon markets as financial mechanism to incentivise keeping oil underground
A fresh initiative is spearheading the idea of compensating resource-rich nations for leaving oil reserves untapped, with potentially significant benefits for climate mitigation and the carbon markets.
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