UK universities introduce hydrochar with £100/t capture potential

Published 13:44 on December 23, 2024  /  Last updated at 14:16 on December 23, 2024  / /  EMEA, Voluntary

Two UK universities last week announced an advanced form of hydrochar that could remove 30 million tonnes of CO2 per year globally by 2030 at £100 per tonne.

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Oslo launches pilot biochar project to test carbon storage potential

Published 12:08 on December 23, 2024  /  Last updated at 12:08 on December 23, 2024  / /  EMEA, Voluntary

The Norwegian capital is testing the potential of biochar to store carbon and improve urban planting conditions in a new pilot project along a cycle path in the Oppsal suburb, the local municipality announced last week.

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“Last throw of the dice”: UK council targets carbon removal to support negative emissions goal

Published 13:07 on December 20, 2024  /  Last updated at 13:07 on December 20, 2024  / /  EMEA

A UK council announced this week it has become the first local authority to commit to a beyond net zero strategy, with plans to help scale carbon removal (CDR).

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Finnish carbon project developer expands into green steel with biochar solution

Published 11:33 on December 20, 2024  /  Last updated at 13:16 on December 20, 2024  / /  EMEA, EU ETS, Voluntary

A Helsinki-headquartered project developer has unveiled plans to decarbonise heavy industry by introducing biochar as a biogenic alternative to fossil-based products in steelmaking.

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Voluntary carbon developer launches tool to sell offsets via e-commerce platforms

Published 09:50 on December 20, 2024  /  Last updated at 09:50 on December 20, 2024  / /  Americas, Canada, US, Voluntary

A Canada-based carbon credit developer has this week launched a tool allowing e-commerce shoppers to offset emissions at checkout from shipping.

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Dutch carbon removal company acquires direct air capture startup

Published 12:16 on December 19, 2024  /  Last updated at 12:16 on December 19, 2024  / /  EMEA, Voluntary

An Amsterdam-based direct air capture (DAC) firm announced on Thursday the purchase of another Dutch company to integrate the latter’s filtration and sorbent technology into its systems.

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EKI Energy earns ‘stable’ ratings outlook amid carbon market challenges

Published 09:27 on December 19, 2024  /  Last updated at 09:27 on December 19, 2024  / /  Asia Pacific, Other APAC, Voluntary

A ratings agency has revised the outlook for India’s largest carbon credit developer EKI Energy to “stable” from “negative”, reflecting improving financials despite continued challenges in the global carbon credit market.

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Germany cuts power sector emissions by 9% as energy use hits record low in 2024 -report

Published 15:19 on December 18, 2024  /  Last updated at 15:19 on December 18, 2024  / /  EMEA, EU ETS

Germany’s energy sector CO2 emissions fell to 188 million tonnes in 2024, a 9% decrease from 2023 and 60% below 1990 levels, according to a new report released on Wednesday.

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US startup secures $2.3 mln to scale food waste-based carbon credits

Published 14:34 on December 17, 2024  /  Last updated at 14:34 on December 17, 2024  / /  Americas, EMEA, US, Voluntary

A Boston-headquartered startup has raised $2.3 million to generate carbon offsets from methane emissions avoided by diverting edible food from landfills, the company announced on Monday.

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CDR industry faces inflection point amid funding slowdowns and delivery gaps -report

Published 12:33 on December 17, 2024  /  Last updated at 12:33 on December 17, 2024  / /  Americas, EMEA, US, Voluntary

The carbon removal (CDR) sector is facing an inflection point, with rising delivery delays, funding slowdowns, and a hyper-concentrated buyer market, according to new research.

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