Major property developer achieves continued emissions reduction, through supplier relationships and innovation

Published 13:53 on September 19, 2023  /  Last updated at 17:23 on September 19, 2023  / /  EMEA, International, Voluntary

The UK arm of an international property developer has achieved a 32% cut in its carbon footprint since 2019 by collaborating with its supply chain and building in more efficient and innovative ways, it said in a report on Tuesday that detailed actions including the building of a blended portfolio of carbon credits to tackle its residual output.

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FEATURE: Nascent biochar industry eyes link to use case in search of higher value

Published 17:45 on September 15, 2023  /  Last updated at 08:36 on September 20, 2023  / /  Asia Pacific, Australia, EMEA, International, Nature-based, US, Voluntary

In the nascent and fragmented biochar market, more could be done to tie the carbon credit price for a project with how the biochar will ultimately be used, such as in concrete or as a soil amendment, and subsequently how long the carbon will likely be sequestered.

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UK biomass strategy under scrutiny as critique grows over environmental impact of burning pellets

Published 17:16 on September 15, 2023  /  Last updated at 17:16 on September 15, 2023  / /  EMEA, UK ETS

The UK’s approach to using biomass to produce electricity will be closely examined by the country’s National Audit Office, following ongoing critique about where the fuel is sourced and concerns by environmental activists that burning biomass is not truly renewable.

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UK CCS picks up pace as carbon storage licences handed out in first-ever licensing round

Published 11:36 on September 15, 2023  /  Last updated at 11:36 on September 15, 2023  / /  EMEA, UK ETS

A developer of a carbon transport and storage network off the coast of north-east Scotland is among the 14 companies to have been awarded 21 licences in the UK’s first-ever carbon storage licensing round, conducted by the North Sea Transition Authority (NSTA).

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Research into geoengineering needed to potentially ‘’ease the pain’’ of climate change for future generations, says commission

Published 17:22 on September 14, 2023  /  Last updated at 17:27 on September 14, 2023  / /  Climate Talks, International

A moratorium should be placed on the highly controversial practice of geoengineering to control climate change, while allowing for ongoing research into the possibilities of using solar radiation management given the magnitude of the problem and the need to prepare the ground for future generations, an expert body concluded in a report published Thursday.

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Digitising CCS networks is key to reducing downtime and third-party liability charges for CO2 vent, says digital operator

Published 16:25 on September 12, 2023  /  Last updated at 16:25 on September 12, 2023  / /  EMEA, International

The risk of having to pay hefty third-party liability charges due to operational failure with carbon capture and storage networks will be significantly reduced by using digital twin technology to predict potential integrity breaches, according to a digital services company positioning for a role in the sector.

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Tech giant makes substantial credit purchase from world’s largest air capture facility, backs modular DAC developer

Published 13:37 on September 12, 2023  /  Last updated at 13:37 on September 12, 2023  / /  Americas, International, US, Voluntary

A major tech giant is making its first foray into the world of direct air capture (DAC) by purchasing carbon removal credits from the world’s largest DAC facility and investing in a developer of modular DAC systems.

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Inefficient UK housing stock offered a lifeline with world-first carbon credits for domestic retrofit

Published 00:01 on September 12, 2023  /  Last updated at 09:04 on September 12, 2023  / /  EMEA, Voluntary

The world’s first carbon credits for domestic energy efficiency retrofit are being launched in the UK through a financing mechanism whereby part of the credit proceeds are reinvested into financing power purchase agreements to facilitate household installations of clean energy.

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INTERVIEW: UK can play leading role in hydrogen production and CO2 storage, says gas pipeline operator

Published 12:10 on September 11, 2023  /  Last updated at 12:10 on September 11, 2023  / /  EMEA, International

The UK is in a unique position to act as an important hub for hydrogen development in Europe thanks to its pressing need to decarbonise its gas-reliant heating system, wealth of renewable energy for powering hydrogen electrolysis, and ease of access to the North Sea for potential CO2 storage, said one of the country’s leading pipeline operators.

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Leading commercial bank poised to invest in early-stage climate tech as net zero momentum picks up

Published 12:25 on September 8, 2023  /  Last updated at 14:31 on September 8, 2023  / /  Americas, Asia Pacific, EMEA, International

A London-based commercial bank with significant Asia presence is growing its in-house expertise on climate tech in order to identify the early-stage companies with potential for the biggest climate and commercial impact, a conference was told this week.

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