The 2024 Corporate Climate Responsibility Monitor (CCRM) analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership.
Unable to cut down on its coal usage, it seems that the West is looking to burry its co2 emissions underground. The British government, for example, has become zealous about the carbon capture and
Carbon capture and storage, as is evident from its appellation, has three stages. At the first stage, CO2 is separated from other components of emissions like water vapour, nitrous oxide and
Market-based incentives for additional greenhouse gas emission reductions for project activities offer new opportunities in developing countries. The revenue from Clean Development Mechanism (CDM) projects can ensure financial viability of energy conservation and cost reduction measures in many industries. Carbon credits generation activity is growing at 80% in India. Though India has the highest number of registered CDM projects in the world, CDM has yet to become popular among small and medium enterprises (SMEs).
The European Union is set to consider plans to make carbon capture and storage mandatory for new coal fired power stations in an effort to significantly reduce the emissions of the energy sector. With the stick is likely to come a carrot, however, with early adopters possibly picking up bonus credits under the EU Emissions Trading Scheme (ETS). Several months ago EU leaders promised a dozen large demonstration projects but so far no firm proposals have been put forward for a single commercial-scale CCS coal power station.
It is well known that certain naturally occurring trace gases in our atmosphere trap radiant heat from the sun and give rise to the greenhouse effect. In the post-industrialisation era, some manmade greenhouse gases are being added to the atmosphere and are contributing to enhanced greenhouse gas effect or global warming. Global warming is not yet fully understood since it's a complex climate phenomenon. Carbon dioxide (CO2)
RHETORIC is a sad fact of political life, and most voters are smart enough to know that grand promises made in the heat of a parliamentary debate or an election battle should be taken with a pinch of salt. But on energy policy the gap between claim and reality is now wide enough to be embarrassing.
Technology policy lies at the core of the climate change challenge. Even with a cutback in wasteful energy spending, our current technologies cannot support both a decline in carbon dioxide emissions and an expanding global economy. If we try to restrain emissions without a fundamentally new set of technologies, we will end up stifling economic growth, including the development prospects for billions of people.
Crystalline sponges pocked with pores that are just the right size to trap carbon dioxide molecules could filter the fumes from power stations and cars. What's more, the trapped CO2 can then be sucked from the crystals and piped into containers and buried underground, allowing the crystals to be reused.
One way to cut greenhouse gas levels in the atmosphere may be to exploit a particular talent some plants have of locking away carbon. All we need to do is choose the right strains of crops to grow, and they will sequester carbon for us for millennia. That's the idea of two agricultural scientists in Australia, who say the trick is to grow grasses such as wheat and sorghum, which lock up large amounts of carbon in so-called plantstones, also known as phytoliths.
This report aims to evaluate CCS in the context of climate stabilization wedges and the challenges and opportunities linked to its wide scale deployment. This report first examines the technologies that comprise CCS, exploring the state of development of each component technology and how mature the technology is, as well as who the early adopters in the market place are.
