BRIEFING: 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.
Read MoreEVs only marginally increased market share in Europe last year, shows new data
Electric vehicle market share growth slowed down significantly in Europe last year, according to new data from the European Environment Agency (EEA), which has been analysed by Carbon Pulse.
Read MoreNGOs outline principles to improve JETP design ahead of G7 summit
A coalition of civil society groups have outlined a series of principles which they say will ensure a fair Just Energy Transition Partnership (JETP) design, ahead of the G7 leaders summit this week.
Read More$150 per tonne is the ‘ultimate’ price that direct air capture can achieve, says industry CEO
A price between $150 and $200 per tonne should be the “ultimate” cost goal for the direct air capture (DAC) industry, according to the CEO of a large developer.
Read MoreDATA DIVE: The EU’s achievements on climate and energy in 2019-24
Despite unexpected external events – from Covid-19 to the war in Ukraine – the EU stayed the course on climate action during the past five years, delivering steeper-than-ever reductions in CO2 emisssions while ramping up the deployment of renewables and other clean technologies to meet its climate goals.
Read MoreANALYSIS: Momentum for direct air capture growing in new countries, but US still the standout
Momentum is building in specific markets for direct air capture investment, according to attendees at a carbon dioxide removal (CDR) event held in Zurich this week.
Read MoreDATA DIVE: Big spenders – Where does the EU channel its ETS revenues?
The EU ETS has helped bring down emissions from power and industry by 47% since 2005, and the money raised each year through the auctioning of carbon permits brings in a substantial amount of income to the bloc, with billions channeled towards clean energy projects, data shows.
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