SHENZHEN – At a gleaming new metro station on the edge of Shenzhen, the local government is promoting “carbon coins” to commuters to earn and trade for shopping vouchers and travel cards in a push to get households to join China’s fight against climate change. The southeastern city’s “Carbon Road for Everyone” project, which rewards … Read more
Technologies that capture carbon dioxide emissions to keep them from the atmosphere are central to the climate strategies of many world governments as they seek to follow through on international commitments to decarbonize by midcentury. They are also expensive, unproven at scale, and can be hard to sell to a nervous public — making unworkable, … Read more
PARIS: Countries’ greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the UN said Monday, urging G20 nations to boost emissions cuts.The UN Environment Programme’s annual Emissions Gap report is released just ahead of crucial COP28 climate talks in Dubai and … Read more
As net zero pledges proliferate, they’re often directly undermined by the lobbying activities of the companies making them, according to a fresh study. InfluenceMap, a London-based nonprofit, found that 58% of the companies it analyzed advocate on climate policy in a way that’s at odds with their stated net zero goals, according to a report … Read more
An ominous climate science report from the United Nations in 2021 offered one hopeful thread amid warnings of rising seas and strengthening storms: Once all countries nix greenhouse gas emissions, it noted, warming is likely to stop pretty quickly. The finding provided extra motivation for the world’s net-zero campaign, suggesting as it did that the … Read more
SAO PAULO – Restoring global forests could sequester 22 times as much carbon as the world emits in a year, according to a scientific study published on Monday, making the case that trees are a key tool in confronting the climate crisis along with cutting fossil fuels. The study considers restoring forests where they would … Read more
Mitsui & Co., Mitsui Chemicals, IHI and Kansai Electric Power will conduct a joint study on establishing a hydrogen and ammonia supply chain through the Osaka coastal industrial zone, the companies have said. The announcement Wednesday comes a day after Eneos and Osaka Gas said they would perform a study on the construction of a … Read more
Corporations relying on carbon credits to support their green claims now face “robust and credible” proof that the vast majority of such securities aren’t fit for purpose, according to a study published in the journal Science. The research, which analyzed 18 carbon-offset projects across Peru, Colombia, Cambodia, Tanzania and the Democratic Republic of Congo, found … Read more