Data centre boom risks derailing Europe’s emissions cuts -report
Surging electricity demand from new data centres could undermine Europe’s emissions reduction efforts, with power consumption projected to rise by up to 160% by 2030, according to a new report released Monday.
Read MoreCarbon standard seeks feedback on unit system, forest methodology
A Paris-headquartered carbon standard last week opened consultations seeking stakeholder feedback on phasing out its unit system and refining a forest methodology.
Read MoreFrench investor announces coalition to support €350 mln NbS fund
A French asset manager announced last week a coalition of investors and partners to support its €350 million natured-based solutions (NbS) fund focused on sustainable agriculture.
Read MoreERW could cut CO2 by up to 300 mln tonnes annually in US by 2050 -report
Deploying basalt-based enhanced rock weathering (ERW) in US agriculture could remove between 160-300 million tonnes of CO2 annually by 2050, and 250-490 mln tonnes by 2070, according to a new study published this week.
Read MoreGlobal organisation launches first accounting standard for cocoa, outlines carbon removals framework
An international organisation has announced the world’s first accounting standard for the cocoa sector, setting a framework for companies to report Scope 3 emissions and measure carbon removal.
Read MoreINTERVIEW: Hybrid DAC developer eyes scale-up with ‘water-positive’ approach
Hybrid direct air capture (HDAC) technology could help drive down the cost of carbon removals (CDR) by capturing both CO2 and water in a single process, the founder and CEO of a California-based firm told Carbon Pulse.
Read MoreCarbon storage project in Greece secures €120 mln in EU funding
The European Commission has awarded approximately €120 million to support the development of a liquefied CO2 receiving terminal at a planned storage site in Greece, the project developer announced on Thursday.
Read MoreOman-based CDR startup raises additional $5 mln in Series A funding
A carbon mineralisation company has secured an additional $5 million in a Series A investment from a sovereign climate investor and a MENA-focused venture capital firm, bringing its total Series A funding to $42 mln.
Read MoreBiomass-based carbon removal outperforms DAC, ERW in efficiency -study
Biomass-based carbon removal and storage (BiCRS) methods achieve higher CO2 retention than direct air capture (DAC) and enhanced rock weathering (ERW), according to new scientific research assessing the efficiency and energy use of 12 engineered carbon removal technologies.
Read MoreBECCS firm secures deal for France’s first biogenic CO2 storage project
A French startup has partnered with a carbon storage firm to launch France’s first bioenergy with carbon capture and storage (BECCS) project.
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