UN Agency Edges Closer to Global Carbon Levy on Maritime Industry: Bloomberg
A global carbon emissions charge for the shipping industry is on the horizon; it can have far-reaching implications for the industry and the planet.
IMO Doubles Down on Emission Controls in Arctic and Norwegian Seas
The UN agency adopts stricter regulations for emissions in the Canadian Arctic and Norwegian Sea to reduce air pollution.
BPCL, Mumbai Port Authority to Launch India’s 1st Green Fuel Ecosystem
This initiative aims to significantly reduce greenhouse gas emissions and contribute to the country’s climate change goals.
CC&C Secures Swift Patent Approval for Revolutionary Carbon Capture Technology
The patent covers a adsorptive material and system architecture that allows for efficient CO2 capture at under $100 per metric ton.
NITI Aayog Sets Up Committees to Tackle CCUS Challenges
These initiatives were the outcome of a two-day workshop on “Legal & Regulatory Frameworks and Technical Considerations for Carbon Capture Utilization and Storage (CCUS)” held from Aug. 22-23 at The Oberoi, New Delhi.
Petronas Inks Deal with ADNOC, Storegga to Assess Carbon Storage in Malaysia
The three companies have signed an agreement to assess the CO2 storage capabilities of saline aquifers and the construction of carbon capture and storage facilities in the Penyu basin, offshore Peninsular Malaysia.
Sceye Demonstrates Solar and Battery Powered Flight for Climate Monitoring
This is a major step towards flying for months or years using solar power during the day and batteries for night flights, which are recharged by the sun the next day.
Over 47,000 People Died in Europe Last Year Due to Heat, Study Estimates
According to a study by the Barcelona Institute for Global Health, 47,690 deaths across 35 European countries were estimated in 2023, of which 47,312 occurred between May 29 and Oct. 1.
Qantas, Rio Tinto, BHP to Invest $53M in Australian Carbon Credit Fund
The fund, managed by Silva Capital — a joint venture between Roc Partners and C6 Investment Management — aims to raise AU$250 million to generate and manage Australian Carbon Credit Units from reforestation initiatives.
Carbon Credit Systems Need a Digital Overhaul to Ensure Quality: Invest India CEO
The quality recently came under the spotlight when carbon credit verifiers were criticized for approving poor-quality offsets.