Feed aggregator

A climate-tech VC fund has raised $70 million in its latest funding round, as it eyes more investment in early-stage entrepreneurs via its second fund.

Not all the candidates want to push ahead with policies designed to de-carbonise the economy by 2050.

A UK nature reserve has secured a partnership deal worth more than half a million pounds with a German multinational industrial manufacturer to launch and globally scale “critical market infrastructure” for voluntary nature-based climate solutions.

An independent advisory committee discussed key topics to address in its annual report to reform California’s cap-and-trade programme on Thursday, and will initially focus on incorporating its environmental justice (EJ) group's recommendations as well as looking at the design of the regulation after this decade.

California Carbon Allowance (CCA) prices continued to decline this week on the weight of bearish macroeconomic factors, while RGGI Allowances (RGAs) slipped to prices not seen since early May on uncertainty around the future of Pennsylvania’s membership to the regional carbon trading bloc.  

A global travel tech giant has invested in a Norwegian-based offset platform provider to help travellers buy carbon credits against their travel plans.

Italian oil and gas firm Eni secured more than 2 million carbon credits over 2021 from its investments in African nature-based projects, the company said in filings published this week.

Our new analysis suggests the vast majority of carbon credits granted for regrowing native forests either has not occurred, or would have occurred anyway. Andrew Macintosh, Professor and Director of Research, ANU Law School, Australian National University Don Butler, Professor, Australian National University Megan C Evans, Senior Lecturer and ARC DECRA Fellow, UNSW Sydney Licensed as Creative Commons – attribution, no derivatives.

A clean energy technology firm plans to retool an idled biomass plant into a dual-purpose facility – supplying emissions-free power while capturing and storing CO2 – the company reported this week.

Our new approach lets us separate, store and transport tricky gases like hydrogen as a solid - and for a fraction of the energy. Ying Ian Chen, Director, ARC Research Hub for Safe and Reliable Energy, Deakin University Srikanth Mateti, Research fellow, Deakin University Licensed as Creative Commons – attribution, no derivatives.

As the prospect of a full cut-off of Russian gas into the EU looks increasingly likely, the European Commission is seeking ways to drastically reduce the bloc's industrial consumption to help build supplies ahead of winter without further crippling the economy.

The Environment Agency has tough words for polluting companies – but how has it let things get this bad?

Emma Howard Boyd, chair of the Environment Agency, wasn’t holding back. Fines for polluting water companies in England should be much greater, errant directors should go to jail in the worst cases and investors should not enjoy a “one way bet”. All are reasonable ideas. The current state of pollution in rivers is indeed “shocking”, “unacceptable” and all the other damning descriptions found in the EA’s annual environmental performance report on the water firms.

Serious pollution incidents increased to 62, the highest total since 2013. Seven of the nine privatised firms oversaw increases on 2020 in serious incidents. Only three companies – Northumbrian, Severn Trent and United Utilities – got a four out of four star rating.

Continue reading...

ANU researchers detail 'irrefutable' flaws with Australia's carbon offset regime, as trio of Coalition appointees resign from oversight committee.

The post ANU says flaws with Australia’s carbon offset “irrefutable” as Coalition appointees resign appeared first on RenewEconomy.

A developer has opened a tender for up to 680,000 carbon credits of vintage 2008-15 generated by a REDD+ project in Peru.

The US will not come close to meeting its more ambitious Paris Agreement GHG reduction target formalised last year, with industrial sector emissions plateauing and abatement in other sectors progressing at a slower-than-needed pace, according to a report published Thursday.

The agency made the call after awarding water companies lower marks for pollution.

A German biochar company is planning to scale up its CCS capacity to more than 30,000 tonnes of CO2 a year by 2025 through building the country’s first network of carbon removal parks.

A new company focusing on voluntary carbon offsets aims to become Europe’s top credit originator, joining an increasingly crowded marketplace offering services to corporate clients.

'Friends and family' lower long-term stress in orphaned elephants, study finds.

Scientists are developing a sailplane to soar above the Martian surface like the big seabird.