Carbon Removal Roundup - new Swiss GHG targets, Thailand Rice Paddy carbon credits
Top 6:
PSE and Modern Hydrogen partner on distributed methane pyrolysis tech
Washington-based utility Puget Sound Energy has partnered with Modern Hydrogen to use the latter's methane pyrolysis technology for removing carbon from natural gas at commercial and industrial facilities.
Under the terms of the Memorandum of Understanding (MOU), PSE and Modern Hydrogen will collaborate on supporting commercial and industrial customer decarbonization objectives, conduct market analysis, and evaluate various deployments of Modern Hydrogen's technology as a decarbonized energy solution in customer-specific applications.
Switzerland sets new greenhouse gas reduction targets under Paris Agreement
(January 29)
Switzerland approved new greenhouse gas reduction targets under the Paris Agreement on January 29, 2025. By 2035, the country aims to reduce its emissions by at least 65 percent compared to 1990 levels, with 59 percent reduction on average between 2031 and 2035. The targets are in accordance with the Climate and Innovation Act and the net-zero goal for 2050, and the government will submit revised CO2 Act proposals to Parliament.
Mitsubishi UBE Cement invests in MCi Carbon for climate innovation
(January 29)
Japan's Mitsubishi UBE Cement Corporation (MUCC) has invested USD $5 million into Australia's MCi Carbon , aiming to enhance mineral carbonation technology in the cement industry. This collaboration promotes low-carbon cement production and furthers MCi's technology implementation in Japan, where MUCC is already researching carbon capture methods. The initiative aligns with global climate targets as the companies seek sustainable solutions in cement manufacturing.
Could underground disposal of carbon dioxide help to reduce India’s emissions?
(January 28)
British Geological Survey geologists have partnered with research institutes in India to explore the potential for carbon capture and storage, focusing on storage. During a trip to India in early 2023, BGS researchers engaged with stakeholders to summarize knowledge gaps regarding CO2 storage. This includes identifying suitable geological storage locations, monitoring methodologies for CO2 storage, and understanding public attitudes toward CCS. Political discussions in July 2024 involved the Prime Minister’s Science, Technology & Innovation Advisory Council's meeting to outline a strategy for CCS adoption in India.
Canada's Satellite Mobilization for Biodiversity Action
(January 27)
Canada has announced the Satellite Mobilization for Biodiversity Action initiative, offering up to $250,000 per project for Canadian organizations. The initiative aims to develop space-based solutions to address biodiversity challenges, leveraging satellite data and digital technologies. The total funding available is $5 million.
Green Carbon launches rice paddy carbon credit project in Thailand
(January 29)
Green Carbon株式会社 , based in Japan, launched the '1.5 Million Hectares Rice Paddy Project' aimed at creating carbon credits in Thailand's AWD-capable rice paddies. A pilot demonstration will begin on roughly 7 hectares in Kamphaeng Phet Province in January 2025, with plans to expand to 50,000 hectares over five years. The initiative is expected to reduce 200,000 tons of CO2 over ten years while improving local farmers' income by around $100 per hectare annually through carbon credits.
Interview with Mr. Wisnu Wardana Triska Syattwa at GreenCarbon
(January 29)
Japan-based GreenCarbon is focused on sustainability and carbon credits, utilizing team collaboration to manage multiple projects across Southeast Asia. Mr. Wisnu Wardana Triska Syattwa, working in the Global Sourcing Unit, emphasizes the importance of project management and sustainability approaches in his role, showcasing how financial sectors can integrate sustainability into their strategies.
Ocean Climate Innovation: Key Trends in Blue Tech
(January 28)
US-based J.P. Morgan published an article on ocean-climate innovation, highlighting the interconnectedness of the ocean and Earth’s climate system. The article emphasizes the underinvestment in ocean-climate technologies (less than 3% of climate tech investment in 2023) and the significant economic activity at this intersection. It details investment trends in three sectors: Carbon (mCDR technologies), Industrials (maritime decarbonization, underwater vehicles), and Organics (aquaculture, algae-based biotechnology). Federal initiatives like the Ocean Climate Action Plan and the Ocean-based Climate Resilience Accelerators program, funded by the Inflation Reduction Act, are driving investment in this area.
Cleantech Group Honors Innovators in Sustainable Innovation
(January 28)
San Francisco-based Cleantech Group recognized 8 exceptional visionaries for their contributions to sustainable innovation during an awards dinner at Cleantech Forum North America. Seven companies were named on the 2025 Global Cleantech 100 list, which features the most promising companies working towards net-zero. Fervo Energy was honored as the Company of the Year for its enhanced geothermal systems technology. AtmosZero was recognized as the Early-Stage Company of the Year for its on-site heat production process, an alternative to fossil fuel systems.
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Global shipping industry commits to carbon pricing and emissions reduction
(January 28)
The International Maritime Organization (IMO) has made significant progress towards implementing a fuel standard and carbon pricing mechanism for the shipping industry by October 2023. This initiative aims to collectively reduce greenhouse gas (GHG) emissions in maritime transport, aligning with shared environmental objectives amongst member states. A proposed carbon levy will help subsidize alternative fuel development, addressing the high cost differential between fossil fuels and sustainable alternatives.
dClimate and TCS Partner to Leverage Aegis Climate Risk Assessment Platform
(January 28)
US-based dClimate has partnered with TCS to integrate Aegis global climate risk intelligence into TCS's Intelligent Urban Exchange? platform. This collaboration aims to enhance AI-driven sustainability decision-making, especially in light of the recent challenges and price corrections in the carbon credit market, particularly concerning REDD+ projects. The integration will leverage advanced climate risk assessment tools to support effective sustainability strategies.
Winners of Avinya’25 And Vasudha Startup Challenges Announced At “Energize India” Conclave
(January 28)
India's Ministry of Petroleum and Natural Gas announced the winners of the Avinya’25 startup challenge, with UrjanovaC Pvt Ltd. emerging as the winner. The Vasudha challenge, aimed at innovations in the upstream oil and gas sector, crowned Latin Energy Partners Inc. from Paraguay as the winner. The event hosted by ONGC highlighted the significance of innovation, supported by the government's Rs. 547.35 crore startup fund to further assist emerging companies in the energy sector. The competition focused on technologies like carbon capture and seismic data interpretation, reflecting India's commitment to advancing energy solutions.
Studying Forest Regrowth Patterns
(January 28)
Researchers at Nanjing University and Fujian Normal University in China have created a dataset that analyzes rates of regrowth in major deforestation regions over the last four decades. This dataset focuses on how the forests are rebuilding their structure, rather than just measuring area recovery. It includes factors such as tree height, biomass, leaf coverage, and photosynthesis efficiency, to provide a clearer picture of how forests recover and store carbon, guiding reforestation efforts.
Unlocking CO? Storage Opportunities Outside the EU
(January 28)
The report discusses challenges and opportunities for CO? storage outside the EU. It emphasizes policy frameworks needed to facilitate the deployment of CO? storage technologies. There is an ongoing recognition of the necessity of international collaboration to address regulatory hurdles and enhance business prospects related to CO? storage. Various stakeholders, including governments and private entities, are encouraged to engage in dialogue to explore innovative solutions for CO? storage challenges.
Capacity Remuneration Mechanisms in Europe: Implications For Climate Targets
(January 28)
A new report from Beyond Fossil Fuels reviews Europe’s capacity markets and the various technologies awarded contracts. The report highlights that 30GW of new gas-fired capacity has been contracted over the last decade, while thermal technologies like gas and coal have received two-thirds of the estimated 90bn € in capacity payments allocated. To meet climate targets, capacity markets should incentivize emission-free options like batteries and enforce emission regulations for thermal assets.
How Breweries Can Reduce Their Carbon Footprint
(January 28)
Breweries can significantly reduce their carbon footprint and improve sustainability by adopting Dynamic Life Cycle Assessments (LCAs). These assessments help breweries identify emission hotspots across their production processes, enabling them to make data-driven decisions that align with sustainability goals. Key strategies include optimizing energy efficiency through heat recovery systems, utilizing renewable energy sources, and local sourcing of ingredients to minimize transportation emissions.
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Thanks for reading, have a nice day!
Professor Associado na Funda??o Dom Cabral
1 个月Sociabilizado!
thanks for sharing, Soumya Gupta! Happy to connect with those interested in learning more.