Carbon Capture and Storage industry debuts new delivery plan | BusinessGreen News

The government has said it intends to support at least two world-leading Net Zero Industrial Hubs in the UK, which will bring together carbon capture and hydrogen technologies to help decarbonise industrial sites. Projects on the east coast and the north west have been selected for support, while the Scottish government has stepped in to […]

The ocean helps absorb our carbon emissions. We may be pushing it too far | PBS NewsHour

Our planet would be unrecognizable without the ocean for myriad reasons, not least of which is the key role it plays in keeping our climate in check. Carbon dioxide levels in our atmosphere “would jump by nearly 50 percent” without the many ecological services the twilight zone provides, according to the Woods Hole Oceanographic Institution […]

SEC Proposes Enhanced and Standardized Climate-Related Disclosure Rules – JD Supra

Securities and Exchange Commission  proposed enhanced and standardized climate-related disclosure rules to require disclosure of climate-related information in registration statements, annual reports, and the audited financial statements filed with the SEC, by both domestic registrants and foreign private issuers. Under the proposed rules, the following climate-related disclosures would be required in a separately captioned “Climate-Related Disclosure” […]

Carbonplace and Climate Impact X join forces – Finextra Research

With global demand for voluntary carbon credits expected to increase fifteenfold by 2030 and a hundredfold before 2050, carbon markets will become an important driver of the shift to a low-carbon economy. The pilot will establish the technical, legal, and operational framework for executing carbon credit transactions via CIX’s platform, “Project Marketplace”, a new digital […]

Storegga and Mitsui sign MoU on carbon capture plan – Daily Business

The facility will be a vital component of both meeting the UK and Scotland’s legally binding net zero targets by 2045 and 2050 respectively, and will also have the ability to serve international customers. “The international energy crisis has highlighted our need for enhanced self-reliance. As part of the agreement, Mitsui will share their own […]

Taylor’s office spent $1 billion on ‘sham’ carbon projects | The Saturday Paper

Three-quarters of projects awarded lucrative carbon credits by the government yielded no environmental benefit, according to Professor Andrew Macintosh, one of Australia’s foremost experts on environmental law and policy and the director of research at the Australian National University law school. “People are … getting credits for growing trees that are already there,” he says. […]

Smelter’s Carbon Credit Subsidy Slashed | Newsroom

Marc Daalder is a senior political reporter based in Wellington who covers Covid-19, climate change, energy, primary industries, technology and the far-right. The decision, detailed in Cabinet documents released on the Ministry for the Environment website on Thursday, was approved by Cabinet in December. Climate Change Minister James Shaw acknowledged in a Cabinet paper that […]

Australia’s carbon market in disrepute, attacked from within and without

“Unfortunately, Australia’s carbon market currently suffers from a distinct lack of environmental integrity. “This is a critical issue. Among this chorus, thinktank the Australia Institute has also published findings from Freedom of Information documents this week. The signatories are calling for changes – like the release clause option to be deferred until July 1 so […]

MyMetaverse Launches ‘Carbon Sink’ NFTs to Further Web3 Sustainability – Blockworks

With more than 5,000 people attending, it will be the largest DeFi conference in history. Following an explosion of interest in NFTs since 2020, controversy over the budding sector’s energy consumption has swiftly followed. MyMetaverse said it plans to expand to Polkadot parachain Efinity once Enjin releases its suite of developer tools. …Read the full […]

Can carbon farming and carbon credits reduce emissions and reverse climate change? | Farm Online

The farmer points out the kangaroo grass scattered throughout the paddock, and in the distance you can see patches of the orange native that once dominated this landscape. Massey is a third generation farmer; his grandfather purchased the land in the 1920s and Charles took over from his father 40 years ago after he had […]

Can carbon farming and carbon credits reduce emissions and reverse climate change? | Farm Online

The farmer points out the kangaroo grass scattered throughout the paddock, and in the distance you can see patches of the orange native that once dominated this landscape. Massey is a third generation farmer; his grandfather purchased the land in the 1920s and Charles took over from his father 40 years ago after he had […]

Why the US SEC’s proposed climate disclosure rules are a game changer | Article | ING Think

The SEC is in the business of protecting the investor, but some see these disclosure requirements as top-heavy and a burdensome environmental, social and corporate governance  oversight, framed in a way that makes it deemed necessary to secure full disclosure to investors. Those that genuinely wish to show their fair credentials can far too easily […]