Climate tech accelerator opens sixth intake, expands scope to AI-enabled carbon solutions
The Carbon to Value Initiative (C2V Initiative) has opened applications for the sixth cohort of its ‘carbontech’ accelerator, seeking startups developing carbon capture, utilisation, and removal technologies as well as AI-enabled tools designed to accelerate commercial deployment.
Read More$8 bln clean energy project scrapped in Louisiana
A planned clean energy project in Louisiana will not proceed after failing to meet internal financial return criteria, its developer announced Tuesday.
Read MoreLATAM Roundup: State-backed institutions assist the voluntary carbon market
Latin America is creating opportunities for carbon project developers to generate credits, access finance, and commercialise issuances, developing national carbon markets, Carbon Pulse reported last week – although Global North funds retain their key role in the market, for now.
Read MoreEU states, oil and gas firms face key deadline on CO2 storage obligation
Oil and gas companies covered by the EU’s Net Zero Industry Act (NZIA) carbon storage obligation, along with 11 member states, face key compliance deadlines by close of business on Tuesday as Brussels moves to turn the bloc’s CCS ambitions into concrete projects, a senior European Commission official said.
Read MoreGermany-backed CDR programme coordinates plan to scale up research
Researchers from a carbon removal (CDR) initiative backed by around €33 million from the German government are advancing work into scaling up engineered and land-based removals, the programme has announced.
Read MoreBHP pushes efforts to cut blast furnace emissions over other steelmaking processes
Miner BHP has argued attention should focus on cutting emissions from traditional blast furnaces, through carbon capture utilisation and storage (CCUS) and other technologies, due to the technique’s dominance in global steelmaking supply chains.
Read MoreVCM REPORT: CORSIA futures slip further, CDM deadline approaches with approvals still low Â
CORSIA futures slipped marginally lower last week, with the benchmark now at a little above $9/tonne, while hundreds of carbon projects registered under the Kyoto Protocol’s Clean Development Mechanism (CDM) look set to miss a Tuesday deadline to enable their transition to the new Paris Agreement Crediting Mechanism (PACM). Â
Read MoreBRIEFING: UK’s first CCUS projects seen as test case for second wave
Projects under Track 1 of the UK’s carbon capture, usage, and storage (CCUS) strategy must move ahead with construction to prove the model is repeatable and attract private capital for the next wave, experts said at a webinar on Monday.
Read MoreLCAW26 roundup: Hope floats for climate action while London drips in heatÂ
Scorching heat dominated this year’s London Climate Action Week – even amid talk of new challenges and ideas, ranging from the hopes and fears posed by AI, to the need and opportunity to quickly stem ultra-potent superpollutants.Â
Read MoreAlberta-Canada carbon pricing deal threatens C$5 bln in Canadian CDR projects, project developers say
Project developers behind around C$5 billion ($3.5 bln) in carbon removal (CDR) projects are sending up flares Canada’s reduced industrial carbon price threatens their viability.
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