Finnish waste management company produces first biodegradable plastic from CO2 emissions
A Finnish waste management and circular solutions company has become the world’s first to produce biodegradable plastic from CO2 emissions using carbon capture and utilisation (CCU), the firm announced on Tuesday.
Read MoreClean energy growth moving faster in developing countries than rich nations, finds report
Global South countries are expanding renewable energy at a faster rate than wealthy nations, but an investment gap still threatens clean energy goals agreed at COP28, according to research published Tuesday.
Read MoreUK proposes capacity market changes to accommodate more renewables
The UK is seeking views on potential changes to its capacity markets scheme aimed at keeping flexible power capacity online while strengthening the security of supply and helping to push out unabated gas-fired power, the government announced on Tuesday.
Read MoreINTERVIEW: CBAM cannot shield us from Russia, EU fertiliser industry warns
Fertiliser production in Europe is struggling to compete on global markets due to the continent’s dependence on gas imports, the EU’s trade association has said, while warning against Russia’s attempt to systematically undercut the bloc’s producers to “kill the European fertiliser industry and create a dependency for our farmers”.
Read MoreCCS capacity ramping up, NDCs may drive further growth, says report
There are now 50 carbon capture and storage (CCS) facilities operating across the world and another 628 in various stages of development, according to a report released Tuesday, with the inclusion of the technology in national UN climate strategies likely to drive further expansion.
Read MoreINTERVIEW: EU regulation on reducing agriculture emissions could erode case for carbon finance
Setting EU regulation to reduce emissions in agriculture too soon could erode the incentive for farmers to participate in private markets such as those involving carbon finance, according to a Danish agtech company.
Read MoreChina continues to back coal power overseas despite commitment, report says
China is still supporting the expansion of coal power overseas, with captive units remaining a loophole in the country’s overseas coal ban, a report has found.
Read MoreLATAM Roundup: A big week for the Paris Agreement’s Article 6
The week ending Oct. 13, which saw the UN Supervisory Body (SBM) for Article 6.4 circumvent negotiators to help operationalise Paris carbon markets, also welcomed key Article 6 statements out of Chile, ranging from new projects to potential use cases for Paris Agreement credits.
Read MoreCFEL24: EU industry may never recover from two-year slump -analysts
There is a real chance that EU industry never recovers from its current output slump, in what could be a major drag on the European carbon price over the next decade, analysts told Carbon Forward Expo London 2024 last week.
Read MoreBroken: Study reveals sharp decline in global land carbon sink in 2023
Last year saw a dramatic weakening of the global land carbon sink, the system that absorbs CO2 from the atmosphere, as the planet experienced record-breaking heat and severe droughts, a new study warns.
Read More
