Edinburgh-based startup raises £1 mln for industrial heat decarbonisation technology

Published 09:15 on September 12, 2024  /  Last updated at 09:15 on September 12, 2024  / /  EMEA, Voluntary

An Edinburgh-based company has closed a £1 million pre-seed funding round for its ultra-high temperature thermal energy storage system aimed at decarbonising industrial heat, it announced on Thursday.

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UK businesses show varied progress towards net zero -survey

Published 13:21 on September 11, 2024  /  Last updated at 13:21 on September 11, 2024  / /  EMEA, UK ETS, Voluntary

A UK survey on corporate net zero progress found that 73% of respondents consider achieving net zero a medium- or high-priority over the next year, only 65% have committed to the 2050 target, and just 48% have set net zero goals to be met within the next decade.

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European verifier seeks comments for new modular BiCRS methodology

Published 09:11 on September 11, 2024  /  Last updated at 09:11 on September 11, 2024  / /  EMEA, Voluntary

A Paris-headquartered carbon crediting platform has opened a new modular biomass carbon removal and storage (BiCRS) methodology for public consultation, the company announced on Wednesday.

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Measurement technology company partners with Toronto-based firm for CDR, CCS value chains monitoring

Published 15:39 on September 10, 2024  /  Last updated at 15:39 on September 10, 2024  / /  Americas, Canada, EMEA, Voluntary

A measurement and automation technology company has collaborated with a Toronto-based measurement, reporting, and verification (MRV) company for better accuracy, reliability, and traceability in carbon management, according to a press release.

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Marketplace partners with tech firm to boost transparency in carbon removal with MRV data

Published 13:47 on September 10, 2024  /  Last updated at 13:47 on September 10, 2024  / /  EMEA, Voluntary

A London-based carbon removal (CDR) marketplace has partnered with a carbon tracking tech firm to integrate its measurement, reporting, and verification (MRV) data to boost transparency in the market.

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Oil major plans to make green hydrogen from a converted German refinery

Published 12:47 on September 10, 2024  /  Last updated at 12:47 on September 10, 2024  / /  EMEA

A major fossil fuel company has partnered with a professional services firm to repurpose a hydrocracking refinery in Germany into a base oil production unit and enable the production of renewable hydrogen, they announced on Tuesday.

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UK spends £250 mln monthly on electricity imported from Europe -report

Published 16:53 on September 9, 2024  /  Last updated at 12:12 on September 10, 2024  / /  EMEA, UK ETS

The UK is importing electricity from Europe at record levels, with the country now spending over £250 million each month, according to new analysis commissioned by power producer Drax. 

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Revenue distribution boosts public acceptance of carbon pricing -report

Published 15:54 on September 9, 2024  /  Last updated at 16:36 on September 9, 2024  / /  Carbon Taxes, EMEA, EU ETS, International, UK ETS

Carbon pricing is easier to put in place with social policies backing it, according to new research.

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Nigerian state launches voluntary carbon registry for corporates

Published 14:48 on September 9, 2024  /  Last updated at 14:48 on September 9, 2024  / /  Africa, EMEA, Voluntary

The Nigerian state government of Lagos has launched a carbon registry so that corporates can voluntarily document their emissions, as part of efforts to achieve net zero, according to local media.

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AI could expand access to carbon markets for sustainable rice farming, says report

Published 16:36 on September 6, 2024  /  Last updated at 16:36 on September 6, 2024  / /  Asia Pacific, EMEA, International, Nature-based, Other APAC, Voluntary

Artificial intelligence (AI) holds the potential to lower barriers to accessing carbon finance for sustainable rice projects, according to a new report.

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