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...to clean energy....
...The carbon pricing differential dents the competitiveness of the region’s airlines, he said, noting: “Maintaining competitiveness must be front and centre of future EU energy and climate policies.”...
...The $10bn Jeff Bezos backed fund is also a major sponsor of a carbon credit scheme unveiled by then US climate envoy John Kerry at the UN climate summit COP27, known as the Energy Transition Accelerator....
...I stick with UK clean energy progress in today’s newsletter, looking at efforts to get carbon capture and storage projects off the ground....
...These are separate to the regulated market for permits issued by governments that allow a limited amount of carbon dioxide emissions from large polluters, such as steel and cement and industrial manufacturers...
...Sometimes, companies’ own carbon accounting, whether cited in corporate reports or submitted to CDP, may be inconsistent or lack key details....
...carbon emissions A new way to measure energy transition risks As proxy season kicks off, activists and some asset managers are calling on companies to disclose carbon emissions in ever greater detail,...
...On Thursday, the US Department of Energy announced a new plan to encourage investment in carbon removal: it will set up a “leaderboard” to highlight the companies making the biggest purchases in the space...
...But the transaction does not include Eni’s interests in the Irish Sea or UK projects to capture and store carbon dioxide emissions....
...Carbon capture is expensive and not yet deployed anywhere at scale....
...Low-carbon technologies are available, according to the International Energy Agency, but are not being taken up, with the result that emissions continue to rise....
...The cost of UK carbon emissions permits has fallen to an all-time low, raising fears it will weaken the incentive to build cleaner renewable energy sources....
...More companies were competing for a limited supply of biomass, Kahsar said. “Maybe you can find some extra waste to turn into bio-oil and sequestration that in Kansas,” he added....
...Additionally, some of the EDF funds could be used to attract private capital for other renewable energy technologies that can help economies most vulnerable to the CBAM cut emissions and lower their bills...
...As well as electricity, some may be able to supply low-carbon heat, opening up a large source of revenue and a big advantage in a low-carbon energy system....
...And momentum is growing, with world leaders attending a first-of-a-kind Nuclear Energy Summit this week in Brussels, to discuss funding for the industry’s expansion, with the International Atomic Energy...
...It should be no surprise that the carbon market is also prone to this phenomenon. The cost of emitting CO₂ in Europe has crashed over the past year, sowing the seeds of a future carbon crunch....
...on supporting a low-carbon future....
...While renewables and low-carbon energy received only a fifth of its capital investment last year, they’ll account for more than half of it by 2030, Equinor reiterated....
...The UAE’s state energy company has bought a 10.1 per cent stake in Storegga, the lead developer of the UK’s Acorn carbon capture project that is planned near Aberdeen....
...Anja-Isabel Dotzenrath, head of gas and low-carbon, is also retiring and will be succeeded by William Lin....
...Of all the ways to align your portfolio with the energy transition, one rather obvious one remains curiously neglected by most investors: regulated carbon markets....
...My aim was to discover how UK homeowners might slash through a thicket of advice to cut their energy bills and carbon emissions, amid an angry national debate on climate change policy....
...A new EU carbon tax on electricity will lead to increased carbon dioxide emissions in Europe and cause a jump in prices for consumers in the bloc, the energy industry has warned....
...Lab-grown diamonds not only look the same as solid carbon crystals formed in deep earth millions of years ago but are physically identical....
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