Browsing: Carbon

The European Union is preparing a major expansion of carbon pricing with the introduction of the second emissions trading system, ETS2, covering buildings, road transport, and additional sectors from 2028.

Denmark is placing carbon capture and storage (CCS) at the center of its industrial climate strategy with a subsidy package worth up to 16.5 billion Danish crowns, approximately $2.55 billion, for Aalborg Portland’s carbon capture project.

MODEC and Eld Energy have signed a memorandum of understanding to develop a 1.2 MW solid oxide fuel cell based power system integrated with carbon capture, targeting long-duration offshore deployment.

The Trump administration has announced more than $700 million in federal support for coal-related energy projects, including funding aimed at extending the life of existing plants, developing new coal generation, and supporting carbon capture initiatives.

The voluntary carbon market continues to shift away from short-term offset strategies toward durable carbon removal solutions, a trend underscored by a new agreement between carbon dioxide removal (CDR) provider Climeworks and Canadian financial institution TD Bank.

Global greenhouse gas emissions grew 2.3% year on year to reach 57.7 gigatons of CO2 equivalent in 2024, according to…

At the Juliusburg/Krukow solar park project in Germany, Vattenfall has begun using low emission steel supplied by SSAB for solar module substructures, reducing associated steel emissions by 67 percent compared with conventional steel production routes.

Global carbon tracking faces increasing methodological uncertainty as China’s revised emissions accounting suggests that the rise in national emissions between 2020 and 2025 may be overstated by as much as 700 million tonnes of CO₂, according to analysis from the Centre for Research on Energy and Clean Air.

South Korea’s Hanwha Power is attempting to position supercritical carbon dioxide power systems as a commercially viable decarbonization tool for pipeline infrastructure operators in Canada.

The latest ASEAN-European Union workshop in Brunei Darussalam signals a broader geopolitical and economic shift: carbon markets are no longer being treated solely as climate instruments, but increasingly as industrial policy and investment mechanisms tied to trade competitiveness, energy transition financing, and regional economic integration.