Amsterdam, Nov 2nd 2023– The U.S. Department of Energy (DOE) announced that they will be awarding $36 million to 11 projects, spread over 8 states. This has been done in order to drive forwards the Biden-Harris Administration’s efforts and to accelerate the development of marine carbon dioxide removal (mCDR). The funding for these projects comes…
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by Brian Kahn – Bloomberg Christoph Gebald’s company, Climeworks, is a pioneer in carbon-capture technology. Can it grow quickly enough to make an impact in the climate fight? Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for…
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Occidental Petroleum is leading the global charge to vastly expand the use of technologies that suck up carbon dioxide. The failure of company’s biggest-ever bet shows the challenges ahead. By Natasha White, Akshat Rathi, and Kevin Crowley The world wants to master the process of corralling carbon, and Occidental Petroleum Corp. is building a futuristic machine on the dusty plains of…
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In theory putting a price on carbon emissions should incentivise businesses to stop polluting. So why have carbon markets failed to achieve their goal of reducing global emissions?
The renewable revolution is plainly gaining speed and impact. So why are so many analysts so wrong about the pace and scale of innovation? The renewable revolution is advancing at remarkable speed. In fact, the speed of the renewable revolution has defied many leading energy commentators who have continuously underestimated its true trajectory. They have…
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Yuka Obayashi A man works at the Tokyo Stock Exchange after market open in Tokyo, Japan, Oct. 2, 2020. REUTERS/Kim Kyung-Hoon/ TOKYO, Oct 11 (Reuters) – Japan’s Tokyo Stock Exchange (TSE) started trading carbon credits on Wednesday, as the world’s fifth-largest carbon dioxide (CO2) emitter put in place a key element of its strategy to…
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Smart windows save households money and CO2 A thermochrome coating is applied to the windows. This extra layer ensures that the optical properties change at a certain temperature. If it is warmer than 20 degrees Celsius, then the solar heat is kept out. Is it colder? Then the windows let in the heat of the…
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With the adoption of the Carbon Border Adjustment Mechanism (Cbam), Brussels subjects imports of seven inputs to surcharges of 20% to 35% if production exceeds its environmental limits The European Union has been proactive in pressuring its trading partners to adhere to its domestic greenhouse gas emissions reduction goals, primarily rooted in protectionism. First, with…
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The carbon negative South American country bides its time ahead of potential oil boom The FDI angle: In early June, Suriname’s state-owned company Staatsolie hosted an energy, oil and gas summit in the capital, Paramaribo. The aim was to “bring Suriname to the attention of the world” and promote investment into the country’s nascent offshore…
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As extreme weather events roiled communities around the world this summer, businesses and governments are feeling more pressure than ever to respond to climate change. Tracking emissions has historically been difficult, because the methods for tracking a company’s carbon footprint are all over the place. In the U.S., corporate sustainability reporting remains unstandardized and largely…
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