BRIEFING: Canadian CDR signal strong despite climate policy rollback
Canada’s pullback on climate policies in pursuit of energy and economic security doesn’t have to be at odds with its signal to ramp up its carbon removal (CDR) sector, industry players said at a recent event.Â
Read MoreVerra launches development of next round of methodologies, eyes super pollutants from refrigeration
Verra launched development of several new or revised standards, including a new methodology for avoiding super pollutant emissions from refrigeration systems.
Read MoreBeZero cites legal backing for EU ESG ratings compliance as July launch nears
Carbon ratings agency BeZero Carbon said independent legal reviews have concluded its activities fall within the scope of the EU’s new ESG Ratings Regulation, as the company prepares to seek recognition under the regime ahead of its July implementation.
Read MoreCement producer launches carbon capture test platform in France
A cement producer has launched an industrial-scale carbon capture test platform in southern France to validate technologies under real-world cement plant conditions, it announced Wednesday.
Read MoreOil and gas industry cuts EU CO2 storage outlook to 35 Mt by 2030
EU oil and gas producers have further cut their expectations for 2030 CO2 storage capacity in Europe, with new industry data showing a shrinking project pipeline that clashes with Brussels’ upbeat assessment of progress towards the bloc’s injection target of 50 million tonnes per year.
Read MoreClimate tech firm to make battery-grade graphite from captured CO2 in Finland
Plans to produce battery-grade graphite and carbon nanotubes from CO2 emissions in Finland have advanced following two companies agreeing to use captured CO2 from a Finnish power plant.
Read MoreCarbon removals sector shifts from hype to delivery amid growing supply constraints -report
A CO2 removal market that only a few years ago was dominated by climate-tech experimentation and future promises is entering a more mature, execution-focused phase, with investors, buyers, and policymakers increasingly prioritising delivery, financeability, and infrastructure over ambitious announcements, according to a new report.
Read MoreBRIEFING: California CCUS, CDR rulemaking split over scope, liability, and market role
California’s proposed carbon capture, utilisation, and storage (CCUS) and removal (CDR) regulations have drawn competing calls for broader project eligibility, tighter definitions, stronger community safeguards, and lighter-touch treatment of federally regulated geologic storage, according to public comments submitted to state regulator ARB.
Read MoreUK air traffic controller invests in carbon removal credit for first time
An air traffic controller has agreed to buy £500,000 of durable removal credits from a diverse range of projects, as part of a UK Sustainable Aviation coalition that has pledged £2 million to stimulate the carbon removal (CDR) market.
Read MoreDanish cement producer secures up to €2.2 bln in state support for CCS project
A Danish cement producer has secured up to DKK 16.5 billion (€2.2 bln) in state support for a large-scale carbon capture and storage (CCS) project expected to remove up to 1.25 million tonnes of CO2 a year from 2030, it announced Tuesday.
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