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Europe’s carbon border tariff starts applying, causing jitters for trade

The first phase of the EU’s Carbon Border Adjustment Mechanism (CBAM) kicks in on Sunday (1 October), obliging exporters in six carbon-intensive industrial sectors to report their emissions to EU…

Companies enroll in VCMI initiative to clarify usage of high-quality carbon credits

…necessary tool in the climate fight to drive finance to emissions removal and reduction projects which would be stranded without carbon finance. For these businesses to achieve net zero we…

Stringent guidance unveiled for corporate use of ‘high integrity’ carbon credits

…high-quality carbon credits, directing finance to initiatives that mitigate climate change. The VCMI reiterates that carbon credits must account for real and verified reductions or removals in emissions while also…

How can manufacturers invest in innovation for net-zero?

…traditional vehicles and houses more than 100 full-time drivers, all operating either zero-emission or near-zero-emission models, including Teslas (pictured below). The aim is for this site to be used as…

Madrid’s green hydrogen plant and Wembley’s vegetable-powered vehicles: The sustainability success stories of the week

…in a bid to further align it with net-zero carbon and scientific developments. The new version will aim to account for embodied carbon in performance assessments, which will place more…

MPs criticise lack of long-term plans for UK to reach net-zero

…government support for low-carbon innovation. The PAC also notes a lack of reporting mechanisms to detail Government and public finance support for low-carbon technologies such as offshore wind and nuclear…

UK to join Biden’s carbon emissions removal scheme

…to carbon storage, with the North Sea and other carbon sinks able to hold up to 78 billion tonnes of carbon permanently, the Government notes. Tapping into these sinks could…

NatWest pledges £1bn to support low-carbon manufacturing

…benefits outweigh the costs.” The bank has also confirmed that manufacturers can access its Carbon Planner tool. The free instrument enables businesses to measure and act upon their carbon footprint….

Report warns of $18trn investment gap to deliver net-zero energy transition

…vehicles or heat pumps; decarbonising the power supply; using lower carbon fuels in hard-to-abate use cases; and deploying carbon capture (CCS). “Most of the tools we need to bring our…

From the Net-Zero Review to growing greenwashing fears: The top sustainability stories of 2023 (part one)

…Davos and the Net-Zero Review highlight opportunities for climate action Pictured: Net-Zero Review author Chris Skidmore MP January is a time for most to ease gently back into work after…

Local authority net-zero plans ‘strangled’ by Government’s inadequate funding pots

The LGA has found that more than two-thirds of UK councils are not confident of being able to deliver their net-zero targets, claiming the efforts are being “strangled” by current…

Why businesses should embrace emerging technology as the next step for net-zero

…then that our ‘Net Zero Navigator’ report, which surveyed 100 sustainability leaders, found that ahead of looming net zero targets, only a fifth (21%) of these leaders have implemented technology…

Carbon-negative beer and Patagonia’s push for repairs: The sustainability success stories of the week

…to sell ‘carbon-neutral’ and ‘carbon-negative’ products. This is because these claims are almost always backed up with the use of carbon credits. This week, London-based Gipsy Hill Brewery claimed that…

Why are businesses struggling to verify their science-based net-zero targets?

…reassessed its net-zero target and pushed it back from 2030 to 2040. These challenges have been even more stark for SMEs seeking to align with the Net-Zero Standard. How can…

Enfinium to invest £200m to add carbon capture to energy-from-waste plant

…officer Mike Maudsley said: “To deliver a net-zero carbon economy, Wales needs to find a way to produce carbon removals, or negative emissions, at scale. “Installing carbon capture at the…

Interface: Creating a carbon-negative product portfolio

At a Glance Who: Interface What: Expansion of the carbon-negative product portfolio to 38 products, featuring 378 colours, with the incorporation of CQuest™BioX backing Where: Europe. Why: To achieve carbon

New podcast – Net Zero can make us warmer and richer

…environment. These cover the following chapters of the report: Pillar 1 – Securing Net Zero Pillar 2 – Powering Net Zero Pillar 3 – Net Zero and the Economy Pillar…

Klarna contributes millions through internal carbon tax to fund climate innovation projects

This is the third round of contributions from Klarna’s internal carbon tax, totalling $5.07m since 2021. The funding is designed to create maximum long-term climate impact. Instead of purchasing carbon

CDP: Only a handful of FTSE 100 firms prepared for climate transition plan mandate

Zero Initiative. Apply now for the edie Net-Zero Awards! Readers interested in the above article may be keen to enter edie’s new Net-Zero Awards. From breakthrough innovations and solutions through…

Global clean energy investments surge, but spending still off-track to reach net-zero

…the UN-backed Net-Zero Asset Owner Alliance of 86 investment giants called on policymakers to send clearer signals to enable the exponential growth of investment in low-carbon industries including renewables and…