Switzerland introduces corporate milestone targets for carbon removal
The Swiss Climate Act include first-of-its kind regulation for companies. By Robert Höglund Switzerlands Climate and Innovation Act established the country’s climate target of net-zero greenhouse gas emissions by 2050. Uniquely, the target is not just for the aggregated national emissions, it also specifically requires all Swiss non-agricultural companies, regardless of size, to reach net zero by 2050 for […]
SBTi revising its guidance on carbon removal
The Science Based Targets initiative (SBTi) is in the process of updating its flagship Net-Zero Standard and has released revised terms of reference indicating there will be a new approach to carbon removal. One of the key areas of focus is refining the strategy around carbon removal, or what the organization refers to as “neutralization” in its […]
Stockholm Exergi säljer permanenta minusutsläpp för 500 miljoner kronor
Stockholm Exergi har tecknat ett avtal för permanenta minusutsläpp till ett värde av drygt 500 miljoner kronor (USD 48,6M) för leverans 2028 till 2030. Köpet kommer att göras av Frontier och inkluderar köpare som Stripe, Alphabet, Shopify, Meta, JP Morgan Chase CO, H&M och McKinsey Sustainability. – Avtalet med Frontier och deras framstående medlemsföretag visar att […]
SLB and Aker Carbon Capture Announce Closing of Carbon Capture Joint Venture
The joint venture will enable wider adoption of market-ready and new carbon capture technologies for power and hard-to-abate industrial sectors worldwide. HOUSTON and OSLO, June 14, 2024—SLB (NYSE: SLB) and Aker Carbon Capture (ACC) announced today the closing of their previously announced joint venture. The new company combines technology portfolios, expertise and operations platforms to support […]
EU Commission wants captured CO2 to become ”tradeable commodity”
A leaked European Commission paper on “industrial carbon management”, to be published on 6 February, lays the groundwork for captured carbon dioxide to be “recycled” in chemical processes or used as maritime and jet fuel, while accounting for non-emitted CO2 in the bloc’s carbon market. An EU-wide approach is needed “to establish a European single […]
Sverige och Schweiz banar väg för internationell handel med negativa utsläpp
Under årets klimatkonferens, COP28, ingick Sverige och Schweiz ett samförståndsavtal för att testköra reglerna för utsläppshandel. Nu tar Sverige och Schweiz de första stegen för att bygga upp en internationell marknad för negativa utsläpp under Parisavtalets regelverk. – Detta unika pilotsamarbete handlar om att skapa en fungerande marknad för negativa utsläpp inom ramen för Parisavtalets regelverk. Det kommer vara […]
Net-zero targets: Carbon dioxide removal essential in meeting company
Companies are coming under increasing pressure to set – and meet – climate goals, according to Nasdaq’s 2023 Global Net Zero Pulse survey of 200+ ESG and sustainability professionals, among other respondents, across the globe. The Nasdaq ESG Advisory team conducted the survey to assess the role carbon-removal credits play in corporate net-zero strategies. Corporates are the […]
New NEGEM Study: Experts’ views on future costs and deployment of DACCS and BECCS in Europe
To help deliver on net-zero promises, negative emissions technologies and processes (NETPs) which can capture CO2 from the air, such as direct air capture with CO2 storage (DACCS) or bioenergy with carbon capture and storage (BECCS), have been investigated. These technologies are still at the early stages of development and deployment but offer the promise of durable […]
Bellona: The CRCF is not yet fit-for-purpose
Bellona welcomes the EU’s recognition of the importance of carbon dioxide removals in its recently drafted proposal for a Carbon Removal Certification Framework (CRCF). However, the initial draft of this proposal is not aligned with the physical reality of carbon removals. >> Read more at Bellona and download the policy brief
Klimatpositivt! med Robert Höglund, Marginal Carbon
Äntligen dags för ett nytt avsnitt av podden Klimatpositivt! Det här avsnittet gästas av Robert Höglund, internationell klimatinfluenser och rådgivare inom klimat, kolsänkor, nettonoll-strategier och policy på Marginal Carbon. Det blir en rejäl djupdykning inom kolsänkor (CDR, carbon dioxide removals) och koldioxidmarknader och en fantastiskt nulägesanalys över vad som faktiskt är på gång och den nya […]