Green steel can help cut emissions from cars, without adding costs -study
The use of low-carbon steel would help to reduce CO2 emissions in European car production by 6.9 million tonnes in 2030, adding little extra cost to the price of electric vehicles, according to research published on Wednesday.
Read MoreDurable carbon removals credits from UK supplier to be sold on Xpansiv exchange
A UK-based durable carbon removals company will use Xpansiv’s exchange platform to sell credits to corporate and intermediary participants around the world, underpinned by a standards-setter and carbon insurance specialist, they announced on Wednesday.
Read MoreGlobal green economy hits market cap of $7.2 trillion, second only to tech sector
The global market for low-carbon and environmental solutions posted a strong recovery last year, with a capitalisation second only to the technology sector – but headwinds to expansion remain, according to a study published on Tuesday.
Read MoreShipping industry group calls for universal standards on methane emissions
The shipping industry urgently needs universal standards for measuring methane emissions in order to encourage the use of technologies to cut emissions, an industry-led technical group said on Tuesday.
Read MoreBrussels, New Delhi agree to work together on CBAM
The European Commission pledged to work closely with India to help the country adapt to the incoming Carbon Border Adjustment Mechanism (CBAM) fees and introduce its own emissions pricing scheme, during a visit to New Delhi last week.
Read MoreLego pushes suppliers to quickly cut their emissions
Danish toy maker Lego Group is putting pressure on its suppliers to cut emissions in the next two years, as part of its efforts to reach net zero emissions by 2050.
Read MoreAustria sets out carbon management strategy for hard-to-abate emissions
The Austrian government is looking at the reforms needed to enable carbon capture and storage (CCS) in the country in an effort to tackle hard-to-abate emissions from sectors like steelmaking and cement.
Read MorePREVIEW: Five climate policy changes expected under a UK Labour government
The UK appears set to enter a new era of stronger, better coordinated climate policy and diplomacy under a Labour government – although some changes will be soft, and still fall short of what’s needed to gain ground on the country’s goal for net zero emissions by 2050.
Read MoreGermany’s coal phaseout auction sets example for cost-effective early retirements, study finds
The results of the world’s first coal phaseout auction, carried out in Germany, suggest that it is a transparent and potentially cost-effective way to push fossil power plants into early retirement, according to research published on Tuesday.
Read MoreINTERVIEW: For suppliers under pressure to cut emissions, renewables still come at a cost
The cost of switching to renewable energy remains a significant barrier for suppliers who are under growing pressure from their big brand-name customers to cut emissions and help to decarbonise wider supply chains, according to a consultancy that is looking to help companies make that change.
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