Only high-integrity, permanent carbon removals should enter EU ETS -think tank
The European Union should move swiftly to integrate permanent carbon removals (CDRs) into its flagship Emissions Trading System (EU ETS), a think tank has recommended – but only in a phased, tightly governed approach to ensure environmental integrity and market stability.
Read MoreLCAW25: Turning sunlight into stone methodology promises to break the mould for durable CDR
A new durable carbon removal (CDR) methodology plans to credit transforming sunlight into stone, it was announced at London Climate Week.
Read MoreBRIEFING: Emergence of Australian biochar regulatory frameworks will help the sector grow
The emerging regulations and standards around biochar in Australia will help it avoid being associated with less environmentally friendly technologies and expand end users and uptake, experts told a conference on Thursday.
Read MoreClimate fund boosts hopes for 18 carbon removal companies
A climate fund has selected the winners of a carbon removal (CDR) financing competition after whittling down huge field of 280 applications to just 18 successful startups.
Read MoreCalifornia awarded $15 mln to support tribal communities, clean economy growth
California Governor Gavin Newsom (D) announced $15 million in grants on Wednesday to 14 tribal communities across the state, which included funding to build career pathways in the clean economy and to construct a bioenergy production facility.
Read MoreSoaring energy use, weak accounting undermine tech sector’s net zero plans -report
The climate strategies of major tech companies are becoming increasingly unfit for purpose, as rising energy demand from artificial intelligence (AI) and reliance on outdated accounting rules cast doubt on their ability to meet net zero goals, an analysis published Wednesday has found.
Read MoreBurying forest waste unlocks a large-scale CDR opportunity to reach net zero in US -study
Academic research established that burying woody debris from forests for 100 years could keep as much as 769 billion tonnes of CO2 from the atmosphere between 2025 and 2100, and the carbon removal (CDR) solution can be further maintained for thousands of years.
Read MoreLCAW25: Regulation critical to scaling industry decarbonisation beyond pilot phase
The decarbonisation of hard-to-abate sectors like steel and cement is no longer confined to roadmaps and pilot plants – but regulatory intervention is now essential to unlock scale, experts said at a London event on Wednesday.
Read MoreOwner of TikTok buys 100k carbon credits
One of China’s largest technology companies, and the owner of the social media platform TikToK, has bought more than 100,000 tokenised carbon credits.
Read MoreUK govt should invest more in carbon capture, tighten rules on methane emissions, say non-profits
The UK government must invest more in carbon capture technologies as soon as possible to help stoke demand and de-risk corporate purchases, as well as tighten rules on methane emissions, non-profit organisations have urged this week.
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