French 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 MoreUK farming gets act together on measuring carbon with launch of baselining pilot
The first steps to create a nationwide map of the environmental impact of UK agriculture are underway with the launch of carbon audits across 170 farms.
Read MoreBRIEFING: GB Energy risks being jack of all trades, master of none
The UK’s publicly-owned Great British Energy entity needs to narrow down its role in helping the country decarbonise, to avoid spinning too many plates and losing public support if it fails to produce compelling outcomes, industry experts said on Wednesday.
Read MoreUK bank lends to BNG projects in first private sector loan to scale nature impact
A UK sustainability-focused bank has delivered its first private sector loan based on a biodiversity net gain (BNG) unit model, in a potential blueprint to create nature-based solutions at scale.
Read MoreIndustrial biochar project in Namibia hits the ground boasting long-term carbon removal
A new project for industrial biochar carbon removal has been launched in Namibia via a partnership between a German non-profit and the local subsidiary of a biochar developer.
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