European Commission seeks opinion on which carbon removal methodology to develop first
The European Commission is open to feedback on which carbon removal methodologies it should focus on developing first, according to an official speaking on Thursday at the close of a two-day forum focused on designing blueprints to credit industrial carbon removals.
Read MoreEU’s carbon removal methodologies will be “vital” for global industry, experts hear
The EU’s role in developing robust methodologies for carbon removals as a way to scale up the market and build trust in the nascent industry was highlighted by international players at a forum in Brussels on Wednesday that focused on designing direct air capture (DAC) and bioenergy with carbon capture (BECCS) methodologies.
Read MoreEU’s carbon removal certification bill passes first Parliament step with wide support
The EU’s first draft legislation defining a framework for certifying carbon removals was backed almost unanimously during a vote in the European Parliament’s cross-party environment committee on Tuesday.
Read MoreEU carbon removal bill set to pass first Parliament hurdle as lawmakers keep options open
The EU’s first draft legislation defining a framework for certifying carbon removals is set to pass comfortably in Tuesday’s vote in the European Parliament’s cross-party environment committee, according to multiple sources close to the file, with lawmakers supportive of enabling a wide range of methods to be deployed.
Read MoreHalf of EU member states’ subsidies for fossil boilers could decarbonise the bloc’s heating by 2040 -report
Redirecting half of EU member states’ money that currently goes to subsiding fossil fuel heating to heat pumps could fully decarbonise heating in the EU by 2040, an NGO concluded in a report published on Monday.
Read MoreINTERVIEW: Shipping’s decarbonisation under threat from lack of alternative fuels, says industry
The shipping sector’s decarbonisation hinges on the availability of low-carbon fuels, the secretary general of one of the largest global shipping organisations told Carbon Pulse, while also advocating a ‘carbon contribution factor’ to be promoted at upcoming high-level climate talks.
Read MoreInfrastructure development key to ensuring demand for renewable hydrogen in the EU -industry
Laying out hydrogen infrastructure and grid connections across the EU will be a gamechanger for the renewable hydrogen sector, industry players said during an online talk on Thursday, a day after a key cross-border EU hydrogen infrastructure plan gained a new major partner.
Read MoreRecord number of companies disclose progress on climate this year but plans lack enough details, says non-profit
A record number of firms have reported their progress on tackling climate change in 2023, annual data published by a non-profit organisation revealed, though the plans don’t contain enough details and are not sufficiently aligned with the goals of the Paris Agreement, a report by an investor engagement initiative also released on Wednesday showed.
Read MoreSenior EU lawmakers agree on way forward for carbon removal bill
Party coordinators in the European Parliament have preliminarily agreed on a united stance on what to count as a carbon removal as part of the bloc’s framework for certifying carbon removals, according to sources close to the matter.
Read MoreCARBON FORWARD 2023: Shipping companies may seek to avoid EU ETS via sea transfer -industry
Shipping companies may try to avoid paying carbon costs for their routes by engaging in ship-to-ship transfer of their liquid cargo at sea, a maritime industry expert told an audience at the Carbon Forward conference on Thursday.
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