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Carbon Management
May 26, 2025
Carbon capture essential for scaling net-zero concrete, says global cement producer
Carbon capture is set to play a key role in decarbonising the cement and concrete industry, says Jan Theulen, Group Lead Carbon Capture, Utilization and Storage (CCUS) at Heidelberg Materials, one of the world's largest cement makers.
May 23, 2025Climeworks to lay off over 20% of staff amid market, policy uncertainty
Swiss direct air capture (DAC) pioneer Climeworks recently announced a major round of layoffs, planning to cut more than 20% of its global workforce. Company executives attributed the move to macroeconomic uncertainty and shifting policy landscapes.
May 21, 2025India’s coal-heavy steel expansion threatens global decarbonization goals
The global steel industry has seen a steady increase in decarbonization initiatives, but actual progress remains limited. A new report reveals that India has now surpassed China in new steelmaking capacity.
May 19, 2025Green construction not a cost driver over new buildings' entire lifecycle, study finds
Climate-friendly homes are not necessarily more expensive than their more polluting counterparts when accounting for a building's entire lifecycle, a joint report by think tank BPIE and green-building certifier DGNB found.
May 14, 2025Geoengineers eye up ocean ‘dead zones’ for carbon storage
Proponents of modifying the ocean to battle climate change have rising hopes for their biomass sinking plans, but critics fear the environmental impacts
April 25, 2025Mati Carbon wins top prize in Musk-backed XPRIZE carbon removal competition
The winner of the $100 million XPRIZE Carbon Removal competition has been announced. Houston-based startup Mati Carbon has taken the top prize with $50 million for its use of Enhanced Rock Weathering (ERW) technology.
April 22, 2025How petrostates succeeded in watering down world’s plan to cut shipping emissions
The UN’s IMO has just agreed to start charging ships for the greenhouse gases they emit. After decades of ineffective incremental tweaks to shipping emissions, the breakthrough came on April 11 at a summit in London.
April 16, 2025Vietnam eyes 30% carbon offset cap to ease corporate burden
Vietnam is set to launch a pilot carbon credit trading scheme this year, with regulations still under development regarding the percentage of emissions that businesses can offset using carbon credits.
March 31, 2025Mizuho joins NextGen as first Japanese bank to invest in carbon removal credits
Mizuho Financial Group has announced its entry into the NextGen platform as a carbon credit buyer, marking a first for Japan’s banking industry.
March 26, 2025Asia’s green steel race heats up as Japan, China, South Korea lead innovation
The steel sector is “hard-to-abate”, accounting for about 7% of global carbon emissions, which highlights the importance of low-carbon steel. Companies in Japan, South Korea, and China are actively working on research and development in this area.