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

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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. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. —Cruz & Rossi-Hansberg.

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Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

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Researchers from the University of Birmingham have designed a novel adaptation for existing blast furnaces that could reduce CO 2 emissions from the steelmaking industry by nearly 90%. Iron and steelmaking is the biggest emitter of CO 2 of all foundation industrial sectors, accounting for 9% of global emissions.

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

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Asahi Kasei collaborates on development of recycling technology for carbon fiber from autos

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Asahi Kasei, a diversified Japanese multinational company, has developed a new technology for recycling carbon fiber plastic compounds together with the National Institute of Technology, Kitakyushu College and Tokyo University of Science. Thus, these carbon fiber compounds present in vehicles for weight reduction.

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Universal Hydrogen announces $20.5M in Series A funding to build and test full-scale hardware for hydrogen commercial aircraft

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Universal Hydrogen announced $20.5-million Founded in 2020 by aviation industry veterans Paul Eremenko, John-Paul Clarke, Jason Chua, and Jon Gordon, Universal Hydrogen is stitching together the end-to-end hydrogen value chain for aviation, both for hydrogen fuel and hydrogen-powered airplanes. Universal Hydrogen announced $20.5-million

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Shipping industry companies launch new zero-carbon shipping research center

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A group of leading shipping industry companies are taking the next step to develop new fuel types and technologies by launching the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. Møller - Mærsk, Cargill, MAN Energy Solutions, Mitsubishi Heavy Industries, NYK Lines and Siemens Energy.

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ExxonMobil and Global Thermostat in joint development agreement to advance atmospheric carbon capture technology

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ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. This entire process is mild, safe, and carbon negative.

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