News

Criticisms raised by a whistleblower who described Australia’s carbon credit system a fraud that is hurting the environment and wasted more than $1bn in taxpayer funding have been supported in a new report commissioned by the Albanese government.

Carbon Capture and Storage (CCS) facilities under development has grown 44% on year to 244 million tonnes per annum in the past 12 months, according to a new report from the Global CCS Institute.

Malaysia’s state-run oil and gas company Petronas signed a memorandum of understanding on Aug. 3 with six Korean companies to launch a carbon capture and storage (CCS) project called Shepherd CCS Project, with an aim to capture carbon in South Korea and s

American BioCarbon, a manufacturer of bio-energy products made from sugarcane bagasse, has have its biochar successfully verified by Puro.earth as a carbon removal tool.

European airplane manufacturer Airbus and several major airlines, including Air France-KLM, International Airlines Group, Lufthansa Group, and Virgin Atlantic, signed letters of intent to explore opportunities for the future supply of carbon removal credi

Microsoft has signed a 10-year carbon removal deal with Swiss direct air-capture company Climeworks to remove 10,000 tonnes of carbon emissions from air.

The UK government has invested over 54 million pounds ($65 million) in 15 projects that develop carbon emissions removal technology.