Standard-setter finalises methodology for methane reductions from rice paddies
A standard-setting body has approved its methodology for cutting methane emissions from rice cultivation, saying it will expand the possibilities for high-integrity reductions from sustainable agriculture.
Read MoreRegulatory uncertainty could cause CORSIA prices to fall further, says developer
Regulatory uncertainty is still weighing on the development of clear price signals for Phase 1 of CORSIA, but supply of credits should ramp up over next 12 months, a webinar heard Wednesday.
Read MoreWorld’s largest banks raised fossil fuel lending by 8% in 2025 -report
The world’s largest banks, led by US-based institutions, have increased their fossil fuel lending last year – up nearly 8% on 2024 levels – to reach a huge $906 billion, in the latest sign yet that financiers are failing to make decisions compatible with global agreement to rein in temperature rise.
Read MoreBrussels urges “electricity revolution” to cut EU fossil fuel dependence
The European Union must launch an “electricity revolution” to slash fossil fuel imports and turn Europe into “the first electric continent”, the European Commission’s new top energy official said on Wednesday, ahead of an EU‑wide electrification action plan due on July 15.
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 MoreTech giant opens carbon credit service to qualified UK companies seeking to cut climate impact
Tech giant expands access to its carbon credit service to qualified companies in the UK, offering businesses a new way to invest in ‘high-quality’ offsets as part of their broader decarbonisation strategies.
Read MoreSociete Generale invests €100 mln in nature-based solutions fund
France-headquartered multinational bank Societe Generale has pledged €100 million to a fund aimed at supporting nature-based solutions (NbS) projects worldwide.
Read MoreSB64: BRIEFING – CORSIA overselling fears hang over supply
The problem of diverse country risk profiles for gaining CORSIA Letters of Authorisation (LoAs) – crucial for developers – is exacerbated by many host countries’ fears or lack of data around overselling, threatening supply, officials and experts said on the sidelines of SB64 in Bonn.
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.
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