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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

Green Car Congress

Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. Under these targets, Rio Tinto’s overall growth between now and 2030 will be carbon neutral.

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Origin Materials launches Net Zero Automotive Program with Ford; carbon-negative PET

Green Car Congress

The Net Zero Automotive Program is a sustainable automotive supply chain initiative focused on industrializing new materials to drive decarbonization in the automotive industry. The majority of the output is the versatile furan CMF (chloromethyl furfural), plus HTC (hydrothermal carbon), an equally versatile resin.

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Large amounts of carbon capture as a solution is an ‘illusion’ – IEA

Electrek

The oil and gas industry is banking on carbon capture as its “fix” for climate change. more… The post Large amounts of carbon capture as a solution is an ‘illusion’ – IEA appeared first on Electrek. The IEA’s new report dispels that idea and offers real solutions.

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Canada Nickel exploring incorporating carbon capture & storage in mining tailings in Crawford project

Green Car Congress

Canada Nickel Company announced that its latest test work results support the incorporation of carbon capture and storage into the Crawford Project.The company’s In-Process Tailings (IPT) Carbonation process is a novel method for accelerated carbon capture and storage. IPT Carbonation – Crawford Nickel Project.

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Hyundai Motor and Kia to introduce blockchain-based carbon emission monitoring system

Green Car Congress

Hyundai Motor Company and Kia Corporation introduced the AI-enabled, blockchain-based Supplier CO 2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners. The system’s next-generation technology will enable regulators, stakeholders and investors to have confidence in the accuracy of the data.

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Airbus and major airlines partner to explore direct air carbon capture technology

Green Car Congress

Airbus and a number of major airlines—Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic—have signed Letters of Intent (LoI) to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology.

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