Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal May 22, 2025 By Akshat Rathi and Coco Liu Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the...
Shell, Equinor, TotalEnergies Open CO2 Storage Facility in Norway September 26, 2024 By Nora Buli Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed...
An ESG Backlash Erupts in Europe on World’s Strictest Rules September 10, 2024 By Lisa Pham, Frances Schwartzkopff and Saijel Kishan For TotalEnergies SE Chief Executive Officer Patrick Pouyanne, the difference in the performance of his company’s stock and that of...
Net Zero’s Carbon Removal Conundrum August 19, 2024 By Alastair Marsh To achieve net-zero emissions, where emissions and removals of greenhouse gas pollution balance each other out, governments and corporations must...
Nearly a Third of Carbon Credits Fail New Benchmark Test August 6, 2024 By Susanna Twidale Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve...
Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition May 17, 2024 Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged...
The World’s Biggest Carbon Removal Plant Comes Online in Iceland May 9, 2024 By Ragnhildur Sigurdardottir Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon...
Markets/Coverages: Howden Launches Carbon Capture and Storage Insurance Facility January 29, 2024 Howden, the London-based global insurance group, announced an insurance facility that covers the leakage of carbon dioxide (CO2) from commercial-scale...
Global Regulators Propose Tougher Scrutiny of Voluntary Carbon Markets December 4, 2023 By Huw Jones A global securities watchdog proposed 21 safety measures on Sunday to improve integrity, transparency and enforcement in voluntary carbon markets...
Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture October 19, 2023 By Brian Kahn Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they...