Financials refuse to cut fossil fuel exposure, favour companies with carbon credit strategies -report
The majority of financial institutions have no plans to reduce their exposure to fossil fuels over the next decade, while still increasing their exposure to green assets and prioritising portfolio companies with carbon credit strategies, according to a new study.
Read MoreShipping negotiators forge ahead with carbon tax talks, despite US threat of retaliation
A US threat to impose “reciprocal measures” against countries that support a global carbon tax for shipping won’t blow the multilateral process off course, negotiators said Wednesday as they pressed ahead with crucial UN talks in London.
Read MoreUS tariffs amplify Europe’s existing supply chain and energy security challenges -experts
The onslaught of US tariffs, and the resulting trade war it could trigger, reinforces the need for Europe to bolster its own energy security and create opportunities for clean tech on the continent, according to industry observers.
Read MoreCO2-based graphite could cut dependence on Chinese imports for EV batteries
A developer of battery-grade graphite from CO2 emissions plans to reach industrial-scale by 2030, reducing Europe’s dependence on Chinese imports and providing battery makers with a ‘carbon neutral’ alternative to what is currently on the market.
Read MoreINTERVIEW: 80% of European landowners want to profit from carbon markets
As many as 80% of European landowners would consider planting trees to earn carbon income, but the costs involved and lack of knowledge are holding them back, according to a nature-based removals developer.
Read MoreBRIEFING: Consensus forming around credit trading system for shipping emissions at IMO talks
Countries around the world are edging closer to consensus on a credit trading system for global shipping emissions, with the idea of a levy on all greenhouse gas emissions from the sector still on the table at the start of UN talks in London this week.
Read MoreGHG levy for shipping dropped in favour of credit trading system at IMO talks
A flat-rate greenhouse gas levy for shipping has been removed from the latest negotiation text at a meeting of the UN’s International Maritime Organization (IMO) in favour of a tiered compliance system focused on GHG fuel intensity that would effectively introduce a credit trading system.
Read MoreEarly CDR buyers call for proper recognition for scaling removals industry -webinar
Carbon removal (CDR) buyers on a webinar Thursday called for proper recognition by standards bodies such as the Science Based Targets initiative (SBTi) to help scale CDR and trigger buying from a wider cohort of companies.
Read MoreUK govt kicks into gear £100 mln fusion energy investment
The UK’s growing sector for fusion energy could see over £100 million invested via a partnership between the government and private sector as the government directs £20 mln into a fusion private venture capital fund.
Read MoreMajor consumer brands are driving fracking and fuelling the plastic crisis -study
More than 25 major consumer brands, including Coca-Cola and Nestle, are driving fracking demand in Texas, fuelling the plastic crisis and the environmental degradation that comes with it, according to an investigation by two non-profits.
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