Brussels aims to rubber-stamp carbon removals framework by year’s end
The European Commission expects to formalise its Carbon Removals and Carbon Farming (CRCF) regulation by the end of this year, giving it the legal basis on which to set certification methodologies for the first batch of removal techniques next year, a Brussels official confirmed on Wednesday.
Read MoreDrax urges BECCS support as critical to meeting UK clean power goal by 2030
Drax is looking to the UK government to begin discussions soon on a contract to support the company’s incoming bioenergy with carbon capture and storage (BECCS) project, to ensure that the plant can contribute to the country’s goal for clean power by 2030, a Drax official said on Wednesday.
Read MoreBig tech company snags lowest price yet for DAC removal credits
A big tech giant has struck a deal to purchase direct air capture (DAC) removal credits for the cheapest price on record – $100 per tonne – starting in the early 2030s, it announced on Tuesday.
Read MoreUK offshore oil and gas emissions slip, although intensity per barrel set to rise
The UK’s offshore oil and gas industry cut its emissions by 4% in 2023 and by just over a quarter in the past five years, although the emissions intensity of every barrel is increasing as production declines, the country’s regulator said on Tuesday.
Read MoreEU needs to tighten up oversight of carbon offsets to make them credible -report
Carbon offsets could help the EU achieve its climate targets, but only if it insists on more rigorous rules around accounting, as well as around broader corporate net zero target-setting, according to a report published Thursday by a former European Commission senior official.
Read MoreSix companies bid to develop CO2 storage in Norway’s North Sea
Six companies, both international and domestic, have applied to the Norwegian government to develop CO2 storage in the North Sea, after Oslo identified three areas in the Norwegian continental shelf.
Read MoreUPDATE – Carbon data dashboard’s new strategy aims to boost coverage, support Article 6
A blockchain-based metadata platform has set out a new strategic roadmap that aims to increase its data coverage, pilot new ways to ensure transparency and integrity, and help to operationalise Article 6 of the Paris Agreement, among other goals, it announced on Wednesday.
Read MoreUK renewables auction blows new life into offshore wind developments
The UK awarded contracts for a record 131 renewable energy projects on Tuesday, with price bids coming in well below the maximum set by the government in an auction that the industry welcomed as a sign of renewed investor confidence in the country.
Read MoreUK enhanced rock weathering may come with environmental and health trade-offs -report
The UK could reasonably expect to remove around 6 million tonnes a year of CO2 using enhanced rock weathering, although it would require an expansion of rock crushing operations and could pose new risks around emissions and environmental and public health.
Read MoreBrussels approves Dutch plan to pay livestock farmers to close down
The European Commission has approved a Dutch plan to provide €700 million of state aid to compensate farmers for voluntarily closing their livestock farming sites to help cut nitrogen emissions, it announced on Wednesday.
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