European carbon removal developer launches €20 mln equity raise
A Dutch carbon removal developer has launched a €20 million equity raise to fund what it says will be the country’s first ‘made-in-the-Netherlands’ negative emissions energy plant.
Read MoreBrussels consultation exposes ongoing divide over role for carbon offsets, removals in EU
Environmental NGOs and carbon market advocates remain divided over how far the EU should rely on carbon removals, international credits, and other market-based flexibilities for the next phase of its climate policy, according to submissions to a European Commission consultation on post-2030 national targets.
Read MoreAustralian state to scrap emissions goals in revised climate bill
The government of an Australian state is preparing to drop formal emissions reduction targets, replacing them with alternative measures like green exports, carbon capture, and renewable energy.
Read MoreInvestor survey respondents pour cold water on carbon markets’ attractiveness
Market volatility, changing regulation, and lack of harmonised standards are dulling investor and developer interest in carbon markets, according to legal firm polling.
Read MoreMassachusetts CDR potential strong, but insufficient to meet 2050 net zero target -report
Massachusetts will likely need to rely on out-of-state carbon dioxide removal (CDR) and further emissions cuts to meet its 2050 net zero target, despite having strong potential to deploy and lead innovation in several removal pathways, according to a state-commissioned study.
Read MoreResearchers propose ‘carbon removal budget’ to limit overreliance
A “carbon removal budget” (CRB) could help governments and companies avoid delaying climate action by quantifying how much carbon removal (CDR) capacity is available, according to a new academic paper.
Read MoreCanada ocean-based CDR initiative launches in Nova Scotia
A new Canadian organisation has launched to support research, governance, and development of ocean alkalinity enhancement (OAE) and other ocean-based carbon removal (CDR) approaches.
Read MoreSwiss CDR firm signs first carbon credit deal with major AI infrastructure company
A Swiss carbon removal (CDR) supplier has struck its first portfolio agreement to sell carbon credits to a major AI infrastructure company, it announced Thursday.
Read MorePennsylvania funds $6.8 mln carbon capture at cement plant, part of wider GHG reduction package
Pennsylvania announced more than $267 million to projects across the state targeting GHG emissions reductions between a number of projects, including one carbon capture initiative at a cement manufacturing plant.
Read MoreAerospace company procures 20k CDR credits via carbon marketplace
A US-based aerospace company has procured 20,000 carbon removal (CDR) credits from six suppliers across the globe via a UK-based marketplace, it was announced Wednesday.
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