Project Kirkenær, the first permanent geological CO2 removal initiative by Norwegian developer Carbon Centric, has cleared a key milestone with the successful completion of the Puro.earth Preliminary Assessment.
The European Commission has approved $283 million (€260 million) in Belgian state aid to support a major carbon capture and storage initiative in Antwerp, signaling renewed momentum for industrial decarbonization in Europe’s most concentrated chemical and manufacturing clusters.
China plans to reduce its carbon intensity by 17 percent during its current five year planning cycle, a faster pace than the 12 percent decline achieved between 2020 and 2025.
Roughly one third of anthropogenic carbon dioxide emissions are already absorbed by the ocean, according to long standing global carbon budget estimates. As emissions trajectories continue to overshoot mitigation pathways, U.S. lawmakers are now pushing to examine whether that natural sink can be responsibly enhanced through targeted intervention.
Biomass already accounts for the largest share of renewable energy potential in Malaysia’s power mix, driven by the country’s agricultural output rather than variable weather conditions.
Oriental Weavers has completed independent verification of its full carbon footprint, reporting approximately 102,000 metric tons of CO2e from Scope 1 and 2 emissions and a further 486,000 metric tons of CO2e from Scope 3 activities across its value chain.
Europe’s largest business lobby, BusinessEurope, is calling for targeted reforms to the multi billion euro carbon market, arguing that the current trajectory risks accelerating deindustrialization at a time when energy costs and global competition are already straining manufacturers.
Amazon has pledged more than 40GW of carbon-free energy capacity across over 700 projects worldwide, a portfolio the company says could power more than 12.1 million U.S. homes.
