How would USD 100 carbon price hike impact world’s economies?
08 November 2021 - A USD 100 rise in carbon taxes would be a significant shock to the global economy but it falls well within the realms of potential scenarios
EIB survey: citizens of China and USA more confident from EU citizens about success of their governments to reduce carbon emissions by 2050
07 November 2021 - According to the European Investment Bank's survey on climate change for 2021-2022, the majority of EU citizens are skeptical about the ability of their countries to successfully reduce carbon emissions by 2050 successfully.
Financing for new coal power plants coming to end
06 November 2021 - 99 percent of internationally available development finance IS committed to reducing or ending coal finance support
Energy price rally lifts inflation to worrying heights worldwide
05 November 2021 - The energy crisis fueled a rapid rise in prices of power and gas to unseen highs and accelerated inflation as most products become more expensive
World’s first interactive global database of chemical recycling projects kicks off
01 November 2021 - There is a growing demand for recycled plastics globally, particularly for use in food and beverage packaging while supply is limited
COP26 climate summit begins without firm commitment from most powerful countries
01 November 2021 - G20 increased the uncertainty about the outcome at COP26 with its weak joint statement on climate action goals and funding
Mitsubishi Shipbuilding captures CO2 from ship exhaust gas
29 October 2021 - Mitsubishi Shipbuilding launched a carbon capture project on a cargo ship with the ambition to develop such systems on a commercial scale
Congrats to humanity – greenhouse gas levels in atmosphere keep breaking records
27 October 2021 - The rise in the presence of CO2, CH4 and N2O in the air is showing no signs of a letdown, accelerating global warming, WHO says
Leaked papers reveal major pushback against fossil fuel phaseout
22 October 2021 - Saudi Arabia, Australia, and OPEC are lobbying against fossil fuel phaseout, while Brazil and Argentina oppose the promotion of meat-free diet.
New York City startup Air Co. produces vodka from captured CO2
21 October 2021 - Air Co. calls its vodka the world's most sustainable spirit as it makes the alcohol from captured CO2 and green hydrogen. It just launched a perfume.
Reality of energy transition: fossil fuel production to grow at least until 2040
20 October 2021 - Despite the Paris Agreement goals and net zero commitments, fossil fuel producers are on track to significantly boost output through 2040
Coldplay to use fans’ kinetic energy to cut CO2 emissions on world tour
15 October 2021 - To mitigate the carbon footprint during the 2022 tour, the British rock band will use solar panels, biofuel, a mobile rechargeable battery, and a kinetic floor to convert fans’ movements into energy.