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Australia Invests in New Policies to Achieve Zero-Emissions by 2050

Green Living Guy

In a bid to meet its target of zero emissions by 2050, Australia has come up with decarbonizing actions ranging from adopting electric vehicles to developing ethanol facilities to support the chemical industry, encouraging renewable refineries for the growth of biofuels.

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UK soils could see step change in carbon sink potential, with proper investment

Envirotec Magazine

Investing in the ground beneath our feet could have wide-ranging benefits for the environment, animal and human health – as well as moving closer to Net Zero, according to new research. Soil acts as a carbon ‘sink’, locking in GHGs that would otherwise be released into the atmosphere.

Soil 245
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Multi-million pound investment needed in carbon capture technology to mitigate CO2 emissions, report finds

Envirotec Magazine

Multi-million-pound investment is urgently needed in technologies including direct air capture (DAC) if the UK is to make ‘green’ airports a reality in the future, research by Cranfield University seems to reveal. DAC works by capturing CO2 in the air and then either sequestrating it or using it to manufacture carbon neutral fuel.

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Current incremental levels of change insufficient to meet global net zero ambitions by 2050, says KPMG report

Envirotec Magazine

Coal-fired power plant chimneys: In fast-growing economies, rapidly increasing energy demand is triggering investment in both low carbon and fossil fuel generation, leaving certain countries, including India and China, unlikely to reach net zero until much later.

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HSBC invests in world’s first ‘reef credit’ system

GreenBiz

HSBC invests in world’s first ‘reef credit’ system. Traditionally, offset markets have been focused on credits for atmospheric carbon sequestration or restoration projects. But instead of removing or avoiding carbon in the atmosphere, reef credits go toward helping improve water quality in this very specific area to protect the reef.

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Research finds only one in five British SMEs are investing in green energy solutions

Envirotec Magazine

YouGov research commissioned by energy company ScottishPower seems to have found that only one in five (20%) of the nation’s small and medium sized businesses (SMEs) have invested in green energy solutions including solar panels, battery storage, heat pumps and electric vehicle charging points.

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Climate tech investment falls 40% amid economic uncertainty

Envirotec Magazine

Climate tech investments from venture-capital and private equity fell 40% in 2023 as economic uncertainty and geopolitical conflict dent investor confidence, according to PwC’s 2023 State of Climate Tech report, published on 17 October. While that pattern is still true, there is an encouraging shift in the right direction.