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Heard of “Net-Zero Oil” or “Carbon Negative” Bioenergy? In 2023 You Will

DeSmogBlog

Salmon might seem like a good alternative to meat, in a world that needs to shift away from carbon-intensive cattle — at least the fish farming industry would have you see it that way. Carbon Capture and Storage. Below, a handful of DeSmog writers dive into the issues they’ll be watching in 2023. Aquaculture. Next year you will.

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Drax carbon capture pilot takes step forward as it appoints engineering partner

Business Green

Australian firm Worley appointed by Drax to provide the front-end engineering and design work on the first two carbon capture units at its Yorkshire biomass plant. The move comes in support of its target announced last December to become a 'carbon negative' company within 10 years.

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Revealed: How Development Banks Underwrote Fast Food’s Global Takeover

DeSmogBlog

A review of press accounts, financial disclosures, and the companies’ websites shows this support aided these firms’ KFC-linked operations in up to 13 countries in Asia, Africa, and Europe. In South Africa, the IFC helped one KFC supplier bolster its operations across the region. The EBRD sold its stake in the company in 2019.

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Bank of America becomes carbon neutral one year ahead of schedule

Business Green

Bank of America has become the latest corporate to hit carbon neutrality, with the firm announcing yesterday it has met the target a year ahead of schedule. Being carbon neutral is core to our $300bn, 10-year environmental business initiative that is helping finance the transition to a low-carbon future.".

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For a livable future, 60% of oil and gas must stay in the ground

Grist

The first has to do with the carbon budget — the amount of carbon that can be emitted before the planet warms more than 1.5 The paper uses a carbon budget of 580 billion metric tons, an amount that is estimated to give only a 50 percent chance of stabilizing the global climate at 1.5 degrees C above preindustrial temperatures.

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Global gas squeeze highlights need for security of supply – report

Smart Energy International

Last year closed with record high spot prices for gas in Europe and Asia, as the natural gas supply remained constricted. High natural gas prices negatively affected demand from industrial consumers, who either switched to alternative fuels or reduced output in the last few months of 2021. The rest of the world remains broadly flat.

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New research reveals ‘megatrends’ that will affect forests in the next decade

Envirotec Magazine

These are likely to have major consequences – both positively and negatively – over the coming decade, says the group. They are also home to much of the world’s biodiversity, and regulate key aspects of the carbon cycle. Around the world, 1.6