ANALYSIS: The permanence press – durability doubts linger for fast-scaling biochar
Debate persists on whether biochar warrants recognition as a “permanent” carbon removal solution, with scientific estimates evolving on how long CO2 remains captured, and as a growing chorus calls for its rapid upscaling because of its economic and other benefits relative to several engineered alternatives.
Read MoreVCMI offers advice to host-countries on interacting with voluntary carbon market
Multi-stakeholder group the Voluntary Carbon Market Integrity Initiative (VCMI) launched a new toolkit on Thursday aiming to help host country governments navigate the complexities of interacting with the voluntary carbon market (VCM).
Read MoreExperts outline fixes to integrity challenges plaguing cookstove carbon credit projects
Solutions exist to stop cookstove projects from cooking up low-quality carbon credits, according to a blog published by a cross-sector group of experts on Thursday, that offered advice on fixes to the carbon integrity challenges plaguing the project type.
Read MoreEU agency affirms science behind Nature Restoration Act in wake of parliamentary ruckus
The European Environment Agency (EEA) published a note on Tuesday outlining the declining trends in biodiversity across the continent and highlighting how restoration will benefit both nature and social objectives, key points in the wake of parliamentary ruckus surrounding the bloc’s proposed Nature Restoration Act.
Read MoreNew mandatory reporting in UK to create CCS “treasure map”
The UK government will require mandatory reporting by oil and gas firms operating in the North Sea in efforts to create a “treasure map” of potential CO2 storage sites, aiming to affirm overall storage capacity to help attract private investment.
Read MoreUK businesses call for new industrial strategy, end to “flip flopping” on government support
UK businesses are asking the government to relaunch an industrial strategy, noting the importance of supporting manufacturing in the face of increased competitive pressure from the US and other global jurisdictions, as well as the backdrop of Brexit, technology acceleration, and the transition to a net zero emissions economy.
Read MoreUK announces latest round of award recipients to support industry energy saving, emissions cuts
The UK government announced on Tuesday millions in grants for 26 businesses awarded under its Industrial Energy Transformation Fund (IETF), designed to support businesses that use high amounts of energy in reducing their fossil fuels by adopting low-carbon technologies.
Read MoreUK joins list of donors to Brazilian fund for Amazon protection
The UK has become the latest government to support Brazil’s Amazon Fund, designed to back REDD+ projects that protect the nation’s forests as a key pillar to global action on climate change and biodiversity protection.
Read MoreRatings agency’s latest advice on Verra’s REDD+ points to additionality and permanence hooks
A carbon credit ratings agency on Thursday released the final part of its four-part series pointing out opportunities and challenges with Verra’s draft consolidated REDD+ methodology, this time outlining “permanence” and “additionality” hooks.
Read MoreOil majors report earnings hikes on increased output, snub net zero pledges
Two oil majors reported strong Q1 earnings characterised by fossil fuel production growth on Thursday, with one stating that its operating plans do not currently reflect the company’s net zero promises.
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