Microsoft-backed carbon capture startup uses limestone 9/12/2022

Scientists estimate that the globe needs to capture between 10% and 20% of the carbon from the atmosphere to keep global warming below 1.5 degrees. The reality on the ground is quite different. While every industry is working to cut emissions, a few players are trying to capture it. ...more

New UN report highlights the need for stronger management measures 8/12/2022

Overfishing in the Mediterranean and Black Sea has fallen significantly in the past decade, but exploitation of most commercial species is far from sustainable, according to a report by the General Fisheries Commission of the Mediterranean (GFCM) of the Food and Agriculture Organization of the United Nations (FAO). ...more

EU agrees law to make airlines pay more to pollute 8/12/2022

The European Union reached a deal in the early hours of Wednesday on a law to increase the price that airlines have to pay when they emit planet-heating carbon dioxide emissions, adding pressure to the sector to shift away from fossil fuels. ...more

World Bank, partners launch tracking system to clean up carbon markets 8/12/2022

The World Bank and partners including Singapore on Wednesday launched a global tracking system to clean up the opaque market for carbon credits and help developing countries raise much-needed climate finance quickly and more cheaply. ...more

Businesses want COP15 nature summit to deliver clarity 8/12/2022

As government officials began negotiating Wednesday toward a hoped-for deal to protect the wildlife and resources that prop up the global economy, investors are looking for one thing above all - clarity. ...more

TotalEnergies plans to capture 1 mln T/yr carbon in PNG megaproject 8/12/2022

TotalEnergies plans to bury almost 1 million tonnes of carbon dioxide a year at its planned Papua LNG project, with the carbon capture and storage operation expected to be online from day one of gas production in late 2027. ...more

U.N. summit aims for global pact to protect nature 7/12/2022

Countries are gathering Tuesday for a key U.N. nature conference in Montreal, aiming to broker a new global agreement to protect what's left of Earth's wildlife and natural spaces. ...more

EU agrees law preventing import of goods linked to deforestation 7/12/2022

The European Union agreed on Tuesday on a new law to prevent companies from selling into the EU market coffee, beef, soy and other commodities linked to deforestation around the world. ...more

Global renewable capacity growth set to double over next five years, says IEA 7/12/2022

Global renewable power capacity growth is set to double over the next five years, driven by energy security concerns in the wake of Russia's invasion of Ukraine, the International Energy Agency (IEA) said on Tuesday. ...more

US, EU weigh climate-based tariffs on Chinese steel, aluminium -Bloomberg News 7/12/2022

The United States and the European Union are weighing new tariffs on Chinese steel and aluminium as part of a bid to fight carbon emissions, Bloomberg News reported on Monday, citing people familiar with the matter. ...more