Air cargo firm launches carbon removal service blending DAC and SAF
An international air cargo firm has launched a new carbon removal service, which blends direct air capture (DAC) with carbon emissions reductions achieved via sustainable aviation fuel (SAF).
Read MoreDATA DIVE: Energy transition barely begun as fossil fuel demand reaches new heights in 2023
There were few signs of a global energy transition taking place in the Energy Institute’s 2024 Statistical Review of World Energy, which was released on Thursday, as data revealed that global primary energy consumption hit new heights in 2023.
Read MoreBiochar producer announces first pre-purchase agreement in boost for nascent UK carbon removal market
A UK biochar producer has announced its first carbon removal agreement, in what marks a boost for the British carbon removal (CDR) market.
Read MoreDATA DIVE: The European countries set to capitalise on demand for carbon storage
Certain European countries blessed with geographical advantages can expect to reap significant rewards as demand for carbon storage heats up this decade.
Read MoreNative forest restoration firm sells first voluntary carbon credits from global accelerator
A native forest restoration firm announced on Tuesday that it had sold the first carbon credits generated from its global accelerator.
Read MoreVCM activity plummeted in May, ahead of first CCP integrity label approval
Credit retirements from the four main standard bodies in the voluntary carbon market plummeted in May, just ahead of the first approval of the core carbon principle (CCP) label for an estimated 27 million credits at the start of June.
Read MoreBRIEFING: Companies risk being ‘locked out’ of carbon removal market if they do not buy credits now
The global carbon dioxide removal (CDR) market risks failing to fully take off if more corporate clients do not commit to purchasing carbon credits now, speakers at a conference in London warned this week.
Read MoreSwiss reinsurance giant signs multi-year deal to purchase Bolivian biochar credits
A Swiss reinsurance firm has signed a multi-year deal to purchase credits from a biochar project in Bolivia, it announced on Thursday.
Read MoreDATA DIVE: The state of G7 climate progress, according to the latest data
Leaders of the G7 group of developed economies are gathering on Thursday (June 13) for their annual meeting, with a host of global crises on the agenda to keep them busy.
Read MoreIndustrial conglomerate a step closer to net zero manufacturing at Bulgarian factory
A major European industrial conglomerate says it has taken a major step towards net zero manufacturing at a factory in Bulgaria, largely driven by energy optimisation measures.
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