Microsoft’s quest to go ‘carbon negative’ inspires $1B fund
GreenBiz
JANUARY 16, 2020
Bold new commitment will see the tech giant charge an internal carbon fee not just on emissions from its direct operations, but on those of its supply chain.
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GreenBiz
JANUARY 16, 2020
Bold new commitment will see the tech giant charge an internal carbon fee not just on emissions from its direct operations, but on those of its supply chain.
GreenBiz
FEBRUARY 4, 2021
The potential for carbon-capture tech is captivating. This week, oil giant ExxonMobil pledged $3 billion to the development of a carbon capture and storage business over the next five years — in a bid to manage its business risks associated with climate change. The need for cost-effective carbon removal solutions is urgent.
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DeSmogBlog
OCTOBER 13, 2021
Analysis by US environmental advocacy group, the National Resources Defense Council (NRDC), studied the emissions from wood pellets transported from pine plantations in the southeastern United States to be used in a bioenergy, carbon capture and storage (BECCS) operation by Drax in Yorkshire. Drax has disputed these figures.
GreenTechMedia
JANUARY 24, 2020
The technology company promised to remove all of the carbon that it’s ever put in the atmosphere -- going back to when it was founded in an Albuquerque garage in 1975. That includes $1 billion in carbon removal technologies and methods. Microsoft is setting a new standard for corporate climate targets.
Renewable Energy World
MARCH 5, 2021
Big name corporations Chevron and Microsoft are joining Schlumberger on a plan to develop a bioenergy project that will include carbon capture and sequestration. As a result, the energy produced would be carbon negative. The project will be located in Mendota, California and will use an idled bioenergy plant.
DeSmogBlog
JANUARY 3, 2023
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. In 2023, DeSmog will be looking more into the aquaculture industry, its impacts, and where it seeks to influence policy. Carbon Capture and Storage.
DeSmogBlog
MARCH 7, 2024
Experts see the policy as essential to tackle emissions from the UK’s carbon intensive homes, which account for 1 5 percent of greenhouse gases nationwide. The policy mandates that in the first year of the scheme, four percent of heating manufacturers’ sales should be from heat pumps, or they risk a fine.
GreenBiz
JULY 15, 2020
Could trash-to-energy technology feed hydrogen demand? Other technologies are in the mix, such as battery electric vehicles. Still, there is potential for clean — low- or zero-carbon — hydrogen to take off, energy experts believe. It concluded this approach could be a cost-effective way to actually achieve negative emissions.
Elemental Excelerator
JANUARY 23, 2024
And while Canada’s coast faces countless climate threats, Elemental Policy Lab Fellow Na’im Merchant said it also could become important for climate resiliency as an unparalleled resource for ocean-based carbon dioxide removal (CDR) methods. The world needs to go net-negative, and not enough people are paying attention to that.
Renewable Energy World
SEPTEMBER 1, 2021
As understanding of the climate crisis increases and the harm to ourselves, the environment, business, industry, and the economy that will follow, so a desire to not only reduce carbon but to be seen reducing carbon increases. In both cases, carbon offsetting removes CO 2 from the environment.
Business Green
APRIL 12, 2022
Alphabet, Meta, Shopify and McKinsey launch Frontier Fund to bring down costs of carbon removal technologies that scientists acknowledge will be critical to meeting climate goals.
Business Green
JANUARY 18, 2021
Greenpeace, Friends of the Earth, and Global Witness have all raised concerns about the creeping reliance on unproven carbon removal methods in companies' decarbonisation strategies, but some scientists maintain carbon capture is essential if net zero goals are to be met.
Business Green
OCTOBER 14, 2021
VIDEO: Top experts from the University of Oxford, Friends of the Earth, Vertree and the UK Green Building Council tackle the carbon offsets debate. So what, if anything, can be done to ensure carbon offsets projects are credible and deliver on their promised emissions reductions?
GreenBiz
JULY 22, 2020
The Transform to Net Zero initiative launched Tuesday will see members of the coalition — which also include Danish shipping giant Maersk, Indian information technology company Wipro and Brazilian beauty company Natura & Co — collaborate on research, guidance and roadmaps to help businesses slash their carbon emissions in line with a 1.5
Envirotec Magazine
JULY 12, 2022
UK energy utility Drax has unveiled plans to build the world’s largest carbon capture facility with the goal of removing more CO2 from the atmosphere than it produces, and thereby securing “carbon negative” status. But campaign groups continue to insist that the maths behind biomass doesn’t add up.
Business Green
MAY 25, 2022
A new organisation has been formed to connect and mobilise companies engaged in the nascent direct air capture (DAC) sector and build public support for technologies that directly remove carbon dioxide from the air. However, the DAC Coalition this week impressed the need to scale the technology to keep to the 1.5C
AGreenLiving
JANUARY 16, 2020
Bold new commitment will see the tech giant charge an internal carbon fee not just on emissions from its direct operations, but on those of its supply chain. Read more: Microsoft’s quest to go ‘carbon negative’ inspires $1B fund.
DeSmogBlog
JUNE 28, 2022
British biomass giant Drax is lobbying the Californian government to play host to its first ever “carbon negative” power plant outside of the UK, despite concerns about the sustainability of the energy source. BECCS is a controversial technology that captures carbon dioxide from burning organic matter and buries it underground.
Smart Energy International
JUNE 13, 2022
T 3 transformation, which encompasses digital transformation, energy transformation and net-zero carbon transformation, is a new model for propelling today’s campuses into the future through systematic reformation and innovation. The world is consuming increasingly more energy, which causes higher carbon emissions.
Envirotec Magazine
FEBRUARY 21, 2022
Deploying a seemingly innovative technology configuration and design, the group behind it, LIPOR, suggests it is set to revolutionize the waste-to-energy industry while simultaneously decarbonizing the aviation sector. One of the first synthetic eFuel production units in Europe could be implemented at an Energy Recovery Plant near Porto.
Business Green
SEPTEMBER 20, 2022
Drax CEO argues deal will play 'pivotal role' in the development of voluntary carbon markets. Respira would then sell on these credits on the voluntary carbon market to corporations and financial institutions looking to achieve carbon neutrality and net zero emission targets.
Business Green
JANUARY 19, 2023
A new report by the think tank claims the UK can achieve its statutory net zero emissions targets for the land-use sector by supporting farmers and land managers to create healthy natural carbon sinks, such as woodlands, peatlands, and soils. Our report shows that the government has a choice to make.
GreenBiz
MAY 14, 2021
According to the Renewable Energy Buyers Alliance (REBA), as the energy market has matured, so has the energy buyer mindset regarding the true impact of renewable energy projects with an intensified focus on optimizing carbon reduction. These deals are being supported by the falling cost of this technology. They’re also concerning.
DeSmogBlog
NOVEMBER 6, 2023
Increased federal incentives for “carbon management” technologies are catalyzing a surge in proposed carbon capture and storage (CCS) projects in the United States, from the Gulf Coast to the Midwest to California. use the captured carbon to drill for more oil in a process called enhanced oil recovery.
Business Green
MAY 26, 2020
Microsoft hit headlines at the start of year with a hugely ambitious plan to be 'carbon negative' by 2030 , backed by a pledge to - by mid-century - retroactively remove all carbon dioxide the company has ever emitted since it was founded in 1975, in an announcement that sent shockwaves across the corporate world.
GreenBiz
OCTOBER 20, 2020
Seasoned observers fear that growing calls for a bolder and more ambitious global policy framework are continuing to founder on the rocks of vested interests and short-term cost concerns. . It is a dynamic that has left environmental campaigners increasingly frustrated. .
Business Green
APRIL 5, 2022
The world's top climate scientists have updated their guidance on carbon removals technologies, arguing they are likely to prove essential to stablising global temperatures, but only if they are developed judiciously.
GreenBiz
DECEMBER 28, 2020
New technologies are helping, many still in early stages. Circular models made the rounds, starting with the design department, where a lot of negative environmental and social impacts are baked into garments, usually unwittingly. Now, companies themselves are seeing the business benefits of proactive forestry policies.
Business Green
MAY 24, 2021
Fresh analysis warns plans for UK's largest BECCS facility in North Yorkshire could prove more expensive for billpayers than Hinkley Point C, but developer Drax rejects calculations and insists carbon capture technology is likely to prove a crucial component of the net zero transition.
POWER Magazine
MARCH 1, 2024
GW Drax Power Station in northeastern England—once Western Europe’s largest coal-fired power plant—is poised to pioneer bioenergy with carbon capture and storage (BECCS), a negative emissions The post UK’s Drax Eyes U.S. for Bioenergy CCS Expansion Drive appeared first on POWER Magazine.
GreenBiz
MAY 29, 2020
The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbon negative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts.
Business Green
SEPTEMBER 13, 2022
KPMG report predicts governments set to take a 'multi-faceted approach' to pricing carbon that could prove difficult for businesses to navigate. The global reach of carbon pricing and tax regimes is likely to be extended in the coming years, creating a complex tax landscape that could prove challenging for some businesses to navigate.
Business Green
DECEMBER 8, 2020
Professor Peter Taylor and Alice Garvey from the University of Leeds set out the challenges and policy requirements for decarbonising heavy industry which they included in a recent report commissioned by the CCC. Here, lead authors of the report Professor Peter Taylor and Alice Garvey set out the main findings.
Envirotec Magazine
MAY 11, 2023
New “bio” ropes made from biomaterials have the potential to replace conventional plastics of fossil origin in mussel and algae cultivation, say the groups behind their development, who claim sustainability advantages including up to 34% carbon footprint reduction compared to ropes made from conventional plastics.
Energy Innovation
JUNE 16, 2022
This week, Energy Innovation released new rese arch evaluating California’s climate progress and identifying a policy pathway that would reaffirm California as a climate leader. includes important new metrics to track the economic, environmental, and public health impacts of hundreds of climate policies. By Olivia Ashmoore.
GreenTechMedia
JULY 21, 2020
Apple committed on Tuesday to becoming carbon-neutral by 2030, pushing its ambitions far beyond its own corporate walls — already 100 percent powered by renewables — to include its vast supply chain and the lifecycle of all its products. Apple will increasingly rely on carbon-removal programs. technology giants.
Business Green
JULY 29, 2021
National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy. Calls for the UK to start scaling up negative emissions technology are becoming shriller.
Envirotec Magazine
AUGUST 25, 2020
These might turn out to look quite different in the future, if carbon-accounting under the Emissions Trading System (ETS) were to be based on science and the real effects on climate. Much of the biomass employed in Europe is anything but carbon neutral. Labelling forest biomass as renewable has a perverse impact on the climate.
Business Green
FEBRUARY 1, 2024
The latest BusinessGreen Webinar, hosted in association with Patch, reveals how there are good reasons to think the voluntary carbon market could be at an inflection point Voluntary carbon markets have endured a turbulent couple of years. I think you'll see a lot more positive stories in 2024 than you've seen in 2023."
Business Green
MARCH 22, 2021
BECCS proponents argue the technology can play a critical role in helping the UK reach net-zero, but a group of campaigners and academics are arguing the government should direct subsidies to more proven technologies. It also comes as the government designs its strategy on greenhouse gas removal technologies such as BECCS.
Business Green
JULY 6, 2022
The government has presented further details of its plan for scaling up direct air capture, CCUS, and BECCS technologies in the coming decade. The estimates come in the government's response to a host of recommendations from the National Infrastructure Commission (NIC) last year on the role for carbon removals in the net zero transition.
Business Green
OCTOBER 12, 2022
Lack of guidance, standards, and regulations underpinning carbon offsetting risks slowing net zero transition, the Climate Change Committee has today warned. Moreover, it warns that owing to weak standards, regulation and oversight, there is a shortage of high integrity carbon credits.
Elemental Excelerator
NOVEMBER 17, 2021
Elemental’s Policy Lab team unpacked the major national, subnational, and private sector commitments that emerged from COP 26 for climate technology innovation in the United States and beyond. Elemental is proud to back many companies that are developing technologies that will be critical to meet this commitment.
Business Green
DECEMBER 8, 2022
I've been writing about the UK climate policy landscape for 15 years and I genuinely can't recall a reaction like it. Perhaps angriest of all was the Climate Change Committee, which pulled no punches in its assessment of a "very bad decision - supporting a technology of the past, with a very poor prospectus for new UK jobs".
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