Browsing: carbon

As the European Union’s Carbon Border Adjustment Mechanism enters its fully operational phase on January 1, the policy is shifting from a theoretical deterrent to a real cost line item for exporters of emissions-intensive goods.

China has inaugurated its first million-tonne near-zero-carbon steel production line in Zhanjiang City, Guangdong Province, signaling a significant step in the decarbonization of the steel industry.

Artificial intelligence is rapidly reshaping global electricity demand, with recent estimates suggesting that AI systems alone could soon consume power on a scale comparable to that of the United Kingdom.

Frontier, the carbon removal initiative backed by Stripe, Alphabet, Shopify, Meta, McKinsey, and other corporate partners, has signed a $44.2 million offtake agreement with Canadian biowaste specialist NULIFE GreenTech to remove 122,000 tonnes of CO₂ between 2026 and 2030.

The European Union is moving to broaden its Carbon Border Adjustment Mechanism (CBAM) to include manufactured goods such as car parts, household appliances, and construction equipment, signaling a shift from targeting raw materials to addressing embedded emissions deeper in global supply chains.

Drax has confirmed it will cut more than half of its global carbon capture and storage (CCS) division, eliminating around 100 roles across its core business and its CCS-focused subsidiary, Elimini, in the UK and the United States.

Iberdrola has established Carbon2Nature Australia as a joint venture with its local subsidiary, initiating a 688-hectare restoration project targeting Drooping…

Europe could cut energy system costs by more than 560 billion euros between 2030 and 2050 by shifting to integrated…

China’s anthropogenic carbon emissions increased 0.6% in 2024, marking a substantial deceleration from prior growth rates and positioning below the…

Global capital expenditure in geothermal energy is projected to increase approximately 20% annually through 2030, according to Rystad Energy analysis.…