ArcelorMittal eyes $10bn investment to reduce emissions by 2030
Steel manufacturing giant ArcelorMittal has announced plans to reduce carbon emissions by 25% by 2030 as part of a wider net-zero ambition for 2050, with the new target set to be back by a $10bn investment into low-carbon and circular solutions.
How the world can reach net-zero emissions by 2050, according to BloombergNEF
BloombergNEF has published its latest New Energy Outlook report, examining three progress pathways to reach net-zero globally by 2050. Here, edie summaries what will need to change to deliver this low-carbon trajectory.
UK urged to level-up regions through CCUS supply chains
The trade body for the Carbon Capture, Utilisation and Storage (CCUS) industry in the UK has noted that a successful rollout of the technology could create a thriving supply chain in the UK which would deliver job growth, provided enabling policies are introduced.
British Glass outlines net-zero roadmap for 2050
The businesses representing the UK's glass sector have outlined a new roadmap that will enable the industry to reach net-zero emissions by 2050.
East Coast Cluster: Teesside and Humber gear up to host CCS technologies
Energy giants and businesses operating in Teesside and Humberside look set to collaborate on the deployment of carbon capture usage and storage (CCUS) technology in a bid to create net-zero industrial clusters.
UK's carbon capture and storage market could create 50,000 jobs
The UK could become an early mover in the global carbon capture utilisation and storage (CCUS) market and create up to 50,000 jobs if new enabling policies are introduced.
Cement industry plots path to net-zero through new global platform
Some of the world's largest cement and concrete businesses have joined a new collaborative platform aimed at transforming the sector to enable the delivery of carbon-neutral concrete by 2050.
Stop subsidising Drax's biomass operations, UK's biggest green charities urge Government
Greenpeace, Friends of the Earth and The Wildlife Trusts are among the coalition of green groups urging the UK Government to end subsidies for industrial-scale biomass projects, including Drax's power plant in North Yorkshire.
UK's waste management sector targets net-zero emissions through £10bn infrastructure overhaul
The trade body representing the UK's resource and waste management industry has unveiled a sector-wide commitment to reach net-zero emissions by 2040, through a £10bn investment into new recycling infrastructure and a focus on zero-emission vehicles.
Equinor plans 1.8GW of low-carbon hydrogen production in UK, tripling previous target
Energy major Equinor has outlined plans to deliver 1.8GW of low-carbon hydrogen production capacity in the UK by 2030, primarily through its work on the Zero Carbon Humber industrial cluster.
G7: What was (and wasn't) agreed by world leaders to combat the climate crisis
From "green Marshall Plans" and net-zero energy sectors to a lack of clarity on green spending and transport decarbonisation, edie rounds up what was and wasn't agreed at the G7 Summit.
Carbon-sequestering kelp: Sussex councils team up for major natural capital project
Two West Sussex Councils have applied for permission to create a large 'undersea forest' of kelp - a project they claim will boost biodiversity while sequestering carbon emissions.
Drax announces ambition to host world's largest negative emissions project
Drax has signed a new deal with Mitsubishi Heavy Industries on carbon capture technologies, which it claims will enable it to deliver the largest 'negative emissions' project in the world.
Domestic heat batteries and 'champagne' carbon capture: The best green innovations of May 2021
Every month, numerous eye-catching and potentially transformational innovations are being developed to help businesses and nations turn their green ambitions into actions. Here, we round up six of the best from May 2021.
Viridor targets net-negative emissions by 2045 through carbon capture technology
Waste management firm Viridor has committed to becoming a net-zero emissions business by 2040 and to then move further by reaching net-negative emissions five years later.
Nuclear industry warns that planned closures could derail global net-zero transition
Key groups representing the global nuclear industry have penned an open letter to world leaders warning that the proposed retirement of existing nuclear plants could derail the net-zero transition, calling for the technology to have the same access to climate finance as renewables.
50,000 jobs by 2050: UK Government outlines plans to scale up carbon capture sector
According to a new paper from the Department for Business, Energy and Industrial Strategy (BEIS), the UK's carbon capture, usage and storage (CCUS) sector could scale rapidly to support 50,000 jobs by mid-century.
Captured carbon shipping fuel and heat-reflecting paint: The best green innovations of April 2021
Every month, numerous eye-catching and potentially transformational innovations are being developed to help businesses and nations turn their green ambitions into actions. Here, we round up six of the best from April 2021.
Accounting, offsetting and sequestering: UK urged to set up carbon regulator on road to net-zero
To ensure that emissions reductions are delivered in line with the Paris Agreement and forthcoming carbon budgets, and that the carbon offsetting and removal markets do not greenwash as they scale, the UK could set up a dedicated regulator.
Unilever launches first laundry capsule using captured carbon from heavy industry
After pledging to remove all virgin, fossil-based carbon from cleaning and laundry products by 2030, Unilever has successfully developed a laundry capsule using emissions captured from heavy industry.
Sixth Carbon Budget: UK to reduce emissions by 78% by 2035
Prime Minister Boris Johnson has agreed to legislate a new target to reduce national emissions by 78% by 2035, including emissions from international shipping and aviation, following the Climate Change Committee's advice on the Sixth Carbon Budget.
'Outrageous hypocrisy': Government condemned over £16bn oil and gas sector 'bailout'
Green groups have expressed their anger at the Government's new £16bn sector deal that pledges to align the oil and gas sector with the national net-zero target, while also ending financing for overseas fossil fuel projects, with many frustrated by a refusal to end oil and gas licensing.
New blue hydrogen and captured carbon storage projects unveiled for the UK
BP has announced plans to build the UK's largest blue hydrogen production facility in Teesside, while the Government has committed new funding for carbon storage infrastructure off Aberdeenshire.
Government unveils new Industrial Strategy to spur decarbonisation and create green jobs
The UK Government has today (17 March) revamped the Industrial Strategy to align manufacturing and construction efforts to the national net-zero target, with more than £1bn to funnelled into industry, schools and hospitals.
Recycled materials and CCS: Aluminium industry plots pathways to net-zero
The association representing more than 60% of the world's aluminium production has published new climate pathways for the sector, outlining how recycled materials, electrification and emerging technologies could cut emissions at scale.
IRENA: Existing solutions can spur progress to net-zero
Global power sourced from renewables is set to treble by 2050, with wind, solar and hydrogen all required to account for 90% of all decarbonisation solutions to push the global economy towards the 1.5C pathway, a new report from the International Renewable Energy Agency (IRENA) has found.
Now available on demand: edie's 45-minute masterclass on energy efficiency
edie's online masterclass on energy efficiency, featuring expert speakers from BEIS, Bam Nuttall and the Carbon Trust, is now available to watch on-demand.
Anthesis targets three gigatons of carbon mitigation and removal by 2030
Impact investor and consulting firm Anthesis is aiming to support projects that collectively avoid, reduce and remove three billion tonnes (three gigatons) of carbon by the end of the decade.
Microsoft and Chevron partner on bioenergy and carbon capture project
Oil and gas major Chevron is collaborating with Schlumberger's New Energy arm and Microsoft to develop a major bioenergy plant with carbon capture and storage (BECCS) in California.
Coty partners with LanzaTech to use captured carbon in perfumes
US-based beauty giant Coty has forged a partnership with LanzaTech, whereby carbon captured using the firm's technology will be used to manufacture fragrance ingredients.
Drax unveils plans to host UK's largest carbon capture project by 2027
Drax has begun the planning process for its proposals to scale up bioenergy with carbon capture (BECCS) arrays at its Yorkshire power plant.
Budget 2021: Businesses and charities make last-minute calls for green funding to Rishi Sunak
With the 2021 Budget being announced on Wednesday (3 March), Chancellor Rishi Sunak is facing mounting pressure over the Green Homes Grant, National Nature Service and other green policy decisions.
Shell reaches peak oil and emissions as it plots net-zero pathway
Shell has published an updated business strategy in light of the Covid-19 pandemic and its pledge to reach net-zero emissions, which confirms that 2019 will be its peak in terms of oil production.
ExxonMobil, LafargeHolcim and Elon Musk: The corporate giants placing their faith in CCS
Over the last couple of days, the world's largest cement manufacturer, one of the world's largest fossil fuel firms and the founder of the biggest electric vehicle (EV) manufacturer have all unveiled strategic efforts to commercialise carbon capture and storage projects.
Climate Change Committee calls for rethink on Cumbrian coal mine approval
The Climate Change Committee (CCC) is the latest organisation urging the UK Government to reconsider the planning approval for a new coal mine in Cumbria, warning that it will increase emissions and create a "negative impression" of UK green policy in the build-up to COP26.
Microsoft turns to Climeworks to deliver carbon capture techology
Microsoft has turned to Climeworks' carbon dioxide removal technology as one of the key measures that will help with a mission to reach negative emissions by 2030 and remove the company's historic emissions by 2050.
5 top tips for choosing onsite technologies on the road to net-zero
With businesses under pressure to minimise energy costs, improve resilience and accelerate decarbonisation, what role can onsite technologies and systems play? Here, edie rounds up best-practice advice from the business leaders on this vitally important topic.
Now available on demand: edie's free webinar exploring onsite net-zero technologies
edie's latest webinar is now available to watch on-demand. Tune in to hear experts providing best-practice advice on investing in and integrating net-zero technologies to help assist with decarbonisation targets.
Major gas grid companies team up to outline hydrogen deployment plans
Britain's five major gas grid companies have launched a major collaborative plan to create the UK's first hydrogen town by 2030 as well as creating a network of hydrogen refuelling stations for transport and helping to decarbonise industrial clusters.
Inside the world's first fully commercial carbon capture and utilisation plant
edie has today (14 January) published a new case study, taking readers on an in-depth exploration of the world's first fully commercial carbon capture and utilisation plant in India.
In action: the world's first fully commercial carbon capture and utilisation plant
Carbon Clean – in partnership with Tuticorin Alkali Chemicals and Fertilizers Limited (TFL) – has been operating the world’s first low-cost, industrial-scale carbon capture and utilisation (CCU) plant in India since October 2016. Take a look inside the project with this new download.
Funding allocated to six projects aiming to develop world's first net-zero industrial cluster
UK Research and Innovation (UKRI) has selected six projects across the UK that will receive a share of £8m in funding to drive progress towards creating the world's first net-zero emissions industrial zone by 2040.
Five things you need to know about the Energy White Paper
After months of delays, the UK Government finally unveiled its Energy White Paper on Monday (14 December) detailing how an overhaul to transport, energy and infrastructure will deliver an "overwhelmingly decarbonised power in the 2030s" on the road to net-zero by 2050.
Energy White Paper: Government confirms £6.7bn warm homes package and UK ETS
The UK Government has finally released its Energy White Paper, detailing steps to deliver "overwhelmingly decarbonised power in the 2030s", with a new £6.7bn support scheme to be set up to tackle fuel poverty and a UK variant of the Emissions Trading Scheme to be introduced.
Walkers turns to beer-based carbon capture for low-carbon potatoes
Crisp brand Walkers is scaling up efforts to repurpose potato peelings and captured carbon for use as fertiliser - a system which can reduce emissions associated with potato growing by 70%.
Glencore sets 2050 net-zero target, but won't divest from coal
Swiss multinational mining and materials giant Glencore has set new climate targets headlined by a 2050 net-zero vision, covering all scopes.
UK Government's welcome backing of CCUS a huge boost for net-zero 2050
The turn of the decade brought hope and expectation on a renewed commitment to tackling climate change as the eyes of the world turned towards the UK ahead of the 26th UN Climate Change Conference of the Parties (COP26).
Report: Global CCS capacity surged in 2020, despite Covid-19
The total global capacity of carbon capture and storage (CCS) facilities operating and under development has seen a 33% year-on-year increase in 2020.
edie launches new business guide to carbon capture, utilisation and storage
Organisations looking to understand the benefits and opportunities of the booming carbon capture, utilisation and storage (CCUS) market can access a free 'edie Explains' guide which breaks down everything you need to know about the technology.
edie Explains: Carbon Capture, Utilisation and Storage
What is carbon capture, utilisation and storage (CCUS)? What are the different types of CCUS technology? How can businesses benefit from CCUS? And what are the costs associated with CCUS? This new edie Explains guide answers all of these key questions and more.
Tree-planting drones and textile recycling: The best green innovations of November 2020
Every month, numerous eye-catching and potentially transformational innovations are being developed to help businesses and nations turn their green ambitions into actions. Here, we round up six of the best from November 2020.
North Sea energy sector requires 'urgent investment' to reach net-zero
Investment into net-zero technologies such as floating offshore wind and clean hydrogen could capture up to £125bn in annual benefits from the North Sea energy sector, but a new report has warned that jobs in the area could fall by at least 20% without incentivising policies.
Renewable or 'low-carbon'? EU countries face off over hydrogen
EU member states are fighting over which type of hydrogen to support, with two opposing camps facing off: those backing green hydrogen produced exclusively from renewable electricity, and those in favour of a broader "low-carbon" definition, which also includes nuclear power and decarbonised gases.
MPs set out vision for net-zero Northern Powerhouse
Conservative MPs representing the North of England believe that the Government's Ten Point Plan and the net-zero target can contribute to a levelling up agenda that would create thousands of green jobs in the North.
National Infrastructure Strategy: Government to deliver 'revolution' tied to net-zero
The Government has launched its long-awaited National Infrastructure Strategy, detailing how transport, industry, energy and the built environment will be transformed to reach net-zero, with Chancellor Rishi Sunak using his spending review to confirm a £12bn commitment to the net-zero transition in 2021-2022.
LafargeHolcim links €850m to decarbonisation goals
The world's largest cement manufacturer, LafargeHolcim, has priced an €850m bond linked to the company's sustainability targets.
Boris Johnson unveils £12bn Ten Point Plan for net-zero transition
Clean hydrogen, carbon capture and storage (CCS), zero-carbon transport and offshore wind are all key pillars of Boris Johnson's Ten Point Plan to push the UK towards net-zero emissions, which will be backed by £12bn in Government investment and aim to create 250,000 new green jobs.
'An ambitious plan for a green industrial revolution': Reaction to Boris Johnson's Ten Point net-zero plan
Green groups have welcomed a new Ten Point Llan from Prime Minister Boris Johnson to deliver a green recovery from the coronavirus pandemic and build towards the net-zero emissions target, but the lack of a clear roadmap is dampening an otherwise monumental green policy moment.
Equinor sets 2050 net-zero target, says 'peak oil' is likely in 2030
Norwegian energy major Equinor has set a 2050 net-zero target, going beyond its previous commitment to reach 'near-zero' emissions for North Sea operations.
Natural Capital Committee: Environment Bill updates must stop businesses destroying nature
The UK Government must "urgently" help large businesses to value the natural resources in their value chains and to promote conservation and restoration at scale, the Natural Capital Committee (NCC) has concluded.
L'Oreal unveils 'world's first' plastic bottles made from captured carbon
L'Oreal has created a prototype shampoo bottle from 'recycled' captured carbon, mitigating the need for virgin fossil-based plastics.
Energy giants launch Northern Endurance Partnership to explore carbon capture opportunities
A group of businesses including BP, Shell and the National Grid have formed the Northern Endurance Partnership (NEP), which is aiming to develop carbon transportation and storage infrastructure in the North Sea to assist with plans to decarbonise the UK's industrial clusters.
Capgemini: EU must invest in high-impact climate technologies through green recovery funding
The EU must allocate portions of its €750bn Covid-19 recovery fund to emerging, innovative technologies which decarbonise energy, the built environment, industry, transport and the agri-food sector if it is to meet its net-zero goal by 2050, new analysis has found.
Businesses and green groups call for Government to set out 'negative emissions' policy framework
The National Farmers Union (NFU), Heathrow Airport and the Renewable Energy Association (REA) are amongst the organisations that have formed the Coalition for Negative Emissions, which is this week calling on the UK Government to set an "unambiguous commitment" to carbon capture and negative emissions.
Major businesses back North West's net-zero industrial cluster, say it can come online by 2030
Businesses including Siemens and Tata Europe's chemicals arm have agreed to back plans for a net-zero industrial cluster in North West England, which developers say will be completed by 2030 and create 33,000 new jobs.
Businesses pour £75m into Humber's zero-carbon industrial cluster
A host of organisations have submitted a public and private sector bid of £75m to build key infrastructure to create the world's first zero-carbon industrial cluster in the Humber region.
UK concrete and cement industry claims it can 'go beyond net-zero' by 2050
The trade body representing the UK's concrete and cement industry has published a roadmap for achieving 'net-negative' emissions across the sector by mid-century, in which carbon capture and storage (CCS) plays a key role.
IEA: CCUS is essential to the net-zero transition
Carbon capture, usage and storage (CCUS) can deliver 15% of the global cumulative emissions reductions needed to reach net-zero and, without accelerated deployment, heavy industrial sectors risk not decarbonising in line with key climate agreements.
Climate technology investments growing five times faster than average market rates
Venture capital investment into climate-related technology is growing five times faster than the average rate of all other industry investments, with new analysis from PwC finding that corporate and investor demands for low-carbon innovation led to $16bn being invested in 2019.
World's largest cement manufacturer commits to science-based targets and net-zero pathway
The world's largest cement manufacturer, LafargeHolcim, has committed to becoming the first global building materials company to have targets approved by the Science Based Targets initiative (SBTi).
Carbon capture and EVs: Amazon unveils first beneficiaries of $2bn climate fund
Amazon has announced the first beneficiaries of its $2bn Climate Pledge Fund, with organisations developing carbon removal technologies, nature-based carbon markets and electric vehicle (EV) innovations set to benefit.
UK slipping behind on build rate required for net-zero target
The UK is achieving less than half of the required build rate to deliver energy systems that will reach net-zero emissions by 2050, according to a new whitepaper from engineering consultancy Atkins.
Clean Future: Unilever to remove fossil-fuel-based carbon from cleaning products by 2030
Unilever has unveiled plans to replace 100% of the carbon derived from fossil fuels in its cleaning and laundry products with captured, natural and recycled carbon within a decade.
Manufacturers aim for carbon-neutral cement by 2050
A group of the world's leading producers of cement have issued a new industry commitment to deliver carbon-neutral concrete by 2050.
Transition Agreements: Companies urged to future-proof job security as part of net-zero disruption
Companies should make Transition Agreements with existing unions to ensure that job security, training and potential redeployment are covered as part of the UK's net-zero transition.
UK's CCS deployment lacking 'comprehensive' planning on non-cluster sites
The UK's net-zero transition is lacking a "comprehensive regulatory framework" to overcome challenges to "dispersed" sites that would be suitable for carbon capture technology (CCS) but that aren't located in industrial clusters.
Hydrogen deployment could deliver 75,000 jobs and £18bn boon for UK economy
Utilising hydrogen production could generate £18bn for the UK economy and support more than 75,000 jobs over the next 15 years, according to a taskforce backed by the likes of Shell and BP.
Government urged to ramp up hydrogen spending through national strategy
The Environmental Audit Committee (EAC) had called on the Government to implement a Hydrogen Strategy to assist in decarbonising carbon-intensive sectors, in the same week that the National Grid announced plans to build a new hydrogen testing facility.
Report: Governments collectively failing to deliver net-zero-aligned coal phase-out
Coal accounted for 40% of carbon emissions from energy use last year and this trend is unlikely to be stopped by existing commitments from national governments - including so-called 'green' Covid-19 recovery strategies.
National Grid: UK's electricity system could go carbon-negative from 2033
The operating firm for National Grid is predicting that the UK's electricity grid could capture, offset or absorb more carbon than it emits by as early as 2033, if efforts to scale up renewable energy generation and carbon capture technologies are accelerated.
IEA: Most technologies needed to achieve net-zero aren't yet mature
Some 75% of the emissions reductions necessary to meet net-zero are dependent on technologies which have not yet reached commercial maturity, new analysis from the International Energy Agency (IEA) has found.
Equinor to deliver world's largest at-scale hydrogen from carbon capture plant in Hull
Equinor has unveiled plans to develop the world's largest plant capable of converting natural gas to hydrogen in combination with carbon capture and storage (CCUS), as part of the zero-carbon industrial hub located in the Humber region.
Drax partners with Mitsubishi to scale up biomass carbon capture
Drax Group has confirmed plans to install a new carbon capture and storage (CCS) array at its biomass power station in North Yorkshire this year, as part of a partnership with Mitsubishi's Heavy Industries arm.
Tetra Pak targets net-zero value chain by 2050
Packaging firm Tetra Pak has today (11 June) committed to reaching net-zero greenhouse gas (GHG) emissions across its operations by 2030, with a longer-term target to achieve a net-zero emissions value chain by 2050.
UK's gas networks call for £900m investment into zero-carbon infrastructure
Britain's five gas networks companies have today outlined plans to spend more than £900m on zero-carbon energy infrastructure and hydrogen deployment across the UK, subject to Government approval on funding.
IEA: Coronavirus to cause largest ever drop in global energy investment
The world is on course to witness the largest ever drop in investment in global energy, with the coronavirus pandemic set to restrict spending across renewables, gas, fossil fuels and cleantech.
Copenhagen Airport spearheads green hydrogen project for transport fuel
Renewable energy company Ørsted and Copenhagen Airport are amongst the consortium of businesses aiming to develop a hydrogen and sustainable transport fuel facility in the heart of the Danish capital.
Zero-carbon Humber cluster to rollout carbon capture and hydrogen production
Plans to create the world's first zero-carbon industrial cluster in the Humber region reached another milestone this week, as Phillips 66 and Uniper signed an agreement to deploy a carbon capture and storage (CCUS) and hydrogen production facility.
McKinsey: Reaching 1.5C a ‘daunting’ and unparalleled transition for all sectors
The global transition to limiting global temperature increases to 1.5C by 2050 has been labelled as a "daunting task", that would require unprecedented levels of decarbonisation for key sectors, with the world currently on course to exceed its carbon budget by 2031.
First funding phase approved for Humber net-zero industrial cluster
Plans to develop the world's first zero-carbon industrial cluster in the Humber region have been boosted after leading energy companies joined an existing consortium of project partners in the same week that Government funding was secured for the project.
Prioritise Small-scale technology to deliver affordable net-zero transition, researchers claim
A new study has warned of focusing on "politically seductive" large-scale solutions such as nuclear and carbon capture and storage (CCS), noting that more granular solutions like energy storage, solar and heat pumps can be mass deployed at an affordable cost to enable a quicker net-zero transition.
Upskilling roadmap set up to decarbonise North West industrial cluster
An energy and hydrogen cluster set to be developed in the North West has pledged to create a roadmap to combat existing skills gaps for the low-carbon transition, as part of wider government plans to fully decarbonise industrial clusters in the UK.
Does the Budget put the UK on course for net-zero emissions?
Chancellor Rishi Sunak's first Budget was brimming with green funding for natural climate solutions and carbon capture and storage (CCS), but key spending reviews and strategies on the horizon will clarify whether these will act as the launchpad for a net-zero carbon economy.
UK's net-zero target possible with 'unprecedented' low-carbon innovation
Reaching net-zero emissions in the UK by 2050 is possible but would require "unprecedented innovation across the economy" that could see electricity generation triple, hydrogen generation grow exponentially and land use to be radically overhauled across the country.
Corporate leaders want decarbonisation as central focus for Europe's Industrial Strategy
Business giants including Unilever, Interface, and Coca-Cola have called for the new European Industrial Strategy to focus heavily on decarbonisation in a way that sets out clear strategies for investment into low-carbon solutions and provides price incentives for new goods and services.
Oil and gas giants sign up to Teesside net-zero carbon capture project
BP, Eni, Equinor, Shell and Total have all signed up to spearhead the development of the Net-Zero Teesside project that aims to develop the UK's first decarbonised industrial cluster through the use of carbon capture, utilisation and storage technology (CCUS).
Drax to end coal generation in 2021
Drax has announced plans to end commercial coal generation at its coal-fired power station in North Yorkshire in 2021 - ahead of the UK's 2025 deadline - in a move expected to cost up to £35m and lead to job reductions off at least 200.
Heathrow commits to becoming zero-carbon airport by mid-2030s
Heathrow Airport has announced its intention to become a zero-carbon airport by the mid-2030s, after reaching carbon-neutral status for its buildings and infrastructure today (21 February).
Burberry introduces carbon 'insetting' fund
Luxury fashion firm Burberry will create a "regeneration fund" to support a new portfolio of "carbon insetting projects" that aim to deliver regenerative agriculture practices across its supply chain - a move that will see its Autumn/Winter 2020 runway show at London Fashion Week become carbon-neutral.
Cabinet reshuffle: Is the promised 'green budget' in doubt?
Earlier this week Chancellor Sajid Javid was said to be reviewing a string of new subsidies to assist with the UK's net-zero transition. With Javid today (13 February) resigning from the position, doubts have been caused as to whether the UK Government can prioritise the green economy in the March Budget.