Olympics sponsor Toyota emits much more CO2 than host nation, says think tank
Toyota has been awarded the gold medal for being the highest emitting sponsor of this year’s Olympics, responsible for much higher CO2 emissions than host nation France, in an ironic twist for the event claiming to be the ‘greenest games yet’.
Read MoreAzerbaijan launches Climate Finance Action Fund with initial target of $1 bln
Azerbaijan has today announced the launch of the Climate Finance Action Fund (CFAF), initially targeting $1 billion in financing from fossil fuel producing countries and companies, and half of the capital to go towards climate projects in developing countries.
Read MoreINTERVIEW: Bio-based acids boast 80% lower carbon footprint than fossil-based equivalents
A French company developing bio-based acids for a range of applications from food preservatives to perfume says that its products carry an 81% lower carbon footprint than their petroleum-based counterparts, and could also store carbon depending on the final use case.
Read MoreUK businesses urged to launch collective carbon offsetting fund
UK businesses have been urged to come together to launch a collective fund to address the current shortfall in available carbon projects in the country by aggregating the purchasing power of different companies looking to offset their residual emissions.
Read MoreBig ag uses distract, delay, and derail tactics to avoid climate action, undermine emissions impact -think tank
The world’s 22 largest meat and dairy corporations are masters of distraction and denial when it comes to tackling their climate footprint, with a heavy reliance on offsets to meet net zero plans and efforts to block emissions regulation, alongside downplaying methane’s true climate impact, according to a new report.
Read MoreINTERVIEW: Global water company seeks to offset CO2 from freshwater production
A global water company is working with a carbon removal startup to marry the worlds of carbon removal and water purification, delivering attractive cost savings and carbon removal credits in the process.
Read MoreCarbon pricing reforms, momentum on CCUS among priorities to kickstart UK clean industry -coalition
Reforms to UK carbon pricing and maintaining momentum behind carbon capture and storage (CCS) clusters are two of the 10 priorities identified by industry, academia, and civil society organisations to grow the UK’s clean industry.
Read MoreINTERVIEW: Rabobank adopts new tool to prevent project overlap following double counting claims
Dutch bank Rabobank has adopted a new tool to prevent overlap with any other carbon projects in the same area to where it plans to operate, following its suspension of project activities in Cote d’Ivoire in response to a government request.
Read MoreEurope’s first 100% hydrogen-fuelled power plant launches for UK refinery
Europe’s first hydrogen-ready combined heat and power plant (CHP) has been launched in northwest England that will supply power and steam to help decarbonise a refinery and other industrial users in the region.
Read MoreINTERVIEW: Green materials gain traction with automakers ahead of EU’s end-of-life-vehicle regulation
Flax-based materials that can reduce a vehicle’s weight and CO2 footprint are increasingly in demand among automakers looking to meet their decarbonisation goals and get ahead of the EU’s proposed end-of-life vehicles (ELV) regulation.
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