Carbon

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UK to implement a carbon border adjustment mechanism (CBAM) by 2027

In its joint response [1] to an earlier consultation, the UK Department for Energy Security and Net Zero and HM Treasury has confirmed that a UK CBAM will be implemented by 2027. The CBAM will impose a levy on those importing the most greenhouse gas (GHG) emissions-intensive products into the UK, which will reflect the gap between […]

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Global News
News

Plankton Power: Unlocking the Ocean’s Hidden Carbon Storage Capacity

Research reveals that oceans store 20% more carbon dioxide than previously estimated, primarily through plankton transporting carbon to the seabed. This new understanding, however, doesn’t significantly impact the current CO2 emission crisis. The ocean’s capacity to store atmospheric carbon dioxide is some 20% greater than the estimates contained in the latest IPCC report.[1] These are the […]

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Canada
Climate Change
Environment
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A Giant Pile of Logs is Trapping Millions of Tons of Carbon in Canada

A pileup of ancient logs nearly as big as Manhattan is trapping millions of tons of carbon in northern Canada — and much of that stored material could be released into the atmosphere due to climate change, according to a recent study. The fallen, jumbled-up wood has in some cases been sitting for more than […]

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Climate Change
Environment

New Oilfield in the North Sea Would Blow the Uk’s Carbon Budget

A single new oil and gas field in the North Sea would be enough to exceed the UK’s carbon budgets from its operations alone, analysis has shown, as the government considers fossil fuel expansion despite the legally binding commitment to net zero. Rosebank is the biggest undeveloped oilfield in the North Sea, with the potential […]

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Environment
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Wind and Solar Power Investment Crashed After Government Cut Funding

Ministers are warned of danger of missing legally binding carbon reduction targets – and that Brexit will ‘make the problem even worse’ Investment in wind and solar power has crashed since the Government slashed the help available, new figures show – while much of the world powers ahead. The dramatic slump – a 56 per […]

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Climate Change
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Forests

Forests could absorb nearly all New England’s carbon, report says

A major new report suggests that with a handful of strategies New England’s 32 million acres of forests, which cover about three-quarters of the region, could eventually come close to absorbing 100 percent of all the carbon produced by the six states. The report, “New England’s Climate Imperative,” commissioned by the conservation nonprofit the Highstead Foundation and led […]

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