Generative AI can bring climate benefits -report
Generative AI models used to create novel materials or assist people in various tasks can advance climate and sustainability goals, according to a report by a venture capital house on Thursday.
Read MoreClimate standards need to encompass company’s broader influence on climate action -report
Current climate standards don’t go far enough to incentivise the innovations needed to deliver on net zero, and should be expanded to include a company’s broader influence on the planet, according to a new paper.
Read MoreRate of global warming forecast to drop under current policy -report
The rate of global warming is expected to decline over coming years under current climate policies, though the downward trend could be greater if both national climate plans and long-term net zero targets are met, according to new analysis.
Read MoreWorld Bank issues bond linking financial return to carbon removals from Amazon reforestation
The World Bank has priced what it says is the first bond linking investors’ financial return to carbon removals from reforestation in the Amazon.
Read MoreBRIEFING: First SAF plant launches converting CO2, H2 to jet fuel in single step
The first facility to demonstrate the production of sustainable aviation fuel (SAF) using CO2 and hydrogen in a single-step process has been launched at Oxford Airport in England on Monday.
Read MoreINTERVIEW: UK trade body calls for electricity price review to boost incentive for low-carbon switch
The UK trade body for electrical equipment manufacturers is calling on the government to conduct an electricity price review, in order to rebalance electricity prices relative to gas to create a stronger incentive for consumers to switch to low-carbon products.
Read MoreINTERVIEW: Cement plants could make considerable profit from selling waste heat for direct air capture
A German direct air capture startup is offering cement plants the opportunity to make extra revenue from their waste heat, which it can use to improve the efficiency of its CO2 capture process and generate carbon removal credits.
Read MoreCredit retirements for H1 2024 consistent with last year for volume and buyer type -report
Some 104 million carbon credits were retired in the first six months of this year, mirroring the total from H1 2023, and with most sold to companies in the energy sector in alignment with previous years’ trends, according to the latest AlliedOffsets Corporate Buyers Report.
Read MoreIndustry set to suck up lion’s share of Flanders’ ETS revenue out to 2030, report argues
Heavy industry will consume as much as 80% of the EU ETS revenue earmarked for the Belgian region of Flanders from now to 2030, leaving scant funding behind to finance decarbonisation and a just transition, according to analysis by an environmental think tank.
Read MoreOver half of agricultural land could boost tree carbon while maintaining yield -study
Some 54% of agricultural land globally has potential to increase carbon sequestration through tree planting while maintaining crop and livestock yields, leading to additional carbon storage of 3.3 billion tonnes of CO2 per year, a study has found.
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