INTERVIEW: Modular DAC developer hopes to cut costs and operate in urban areas
Modular direct air capture (DAC) systems designed to operate in cities and industrial sites could drive down costs and expand the technology’s use beyond rural areas, an executive at a US-based DAC company has told Carbon Pulse.
Read MoreBulgaria plans to restart two units at coal-fired power plant
The Bulgarian government plans to restart two 227 MW units at one of the largest coal power plants in the region, the Balkan country’s energy ministry announced.
Read MoreSerbia launches second renewables auction with 300MW wind power tender
Serbia launched its second renewable energy auction on Wednesday, which includes a tender for power contracts to develop 300MW of onshore wind power.
Read MoreNorth American pension fund returns could halve by 2040 under high-warming scenario -report
North American pension funds could see their returns fall by as much as 50% by 2040 under a high-warming scenario, with further declines expected through 2050, according to analysis published Thursday.
Read MoreSwiss insurer backs two carbon removal startups in net zero effort
A Swiss insurance company will support an enhanced rock weathering startup and a concrete-based carbon storage project as part of its revised emissions reduction strategy.
Read MoreSaudi Aramco partners with Danish firm to scale low-carbon hydrogen technology
Danish CO2 reduction company Topsoe has partnered with Saudi oil giant Aramco to develop and commercialise low-carbon hydrogen technology, the two companies announced on Wednesday.
Read MoreGlobal firms ramp up sustainability reporting ahead of CSRD deadline -report
Nearly all of the world’s largest companies have adopted sustainability reporting, with 96% of the largest 250 companies (G250) now publishing ESG data as they prepare for tighter regulations like the EU’s Corporate Sustainability Reporting Directive (CSRD), according to a new report.
Read MoreTransparency on climate action costs by developing countries key to unlocking private finance -report
Just one-third of developing countries have disclosed the costs of key climate mitigation and adaptation measures, potentially limiting access to public and private finance, according to a new report released on Tuesday.
Read MoreSupply shortage may drive CORSIA credit prices above $90/t in Phase 2 -report
Airlines will need over 500 million tonnes of CO2-equivalent (MtCO2e) carbon credits to meet Phase 2 CORSIA requirements (2027-35), with prices potentially reaching $91 per tonne, according to a new report released on Monday.
Read MoreTurkiye launches industrial decarbonisation platform, targets $5 bln by 2030
Turkiye has unveiled a new industrial decarbonisation investment platform that targets $5 billion in funding by 2030 to cut over 20 million tonnes of carbon emissions annually.
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