[ad_1] New research by BeZero Carbon suggests UK carbon markets could generate £1bn of tax revenue for the exchequer by 2035 [ad_2] Source link
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[ad_1] Carbfix has made a big move in Europe’s battle against climate change. It received the first permit for onshore carbon dioxide (CO2) storage under EU law. This project, based in Iceland, makes history by allowing the underground storage of CO2 in line with the EU’s strict climate policies. It is the first time the EU has formally approved an onshore geological storage project under its 2009 CCS Directive. Carbfix’s storage method uses Iceland’s natural basalt rock to turn captured CO2 into solid minerals. This innovative approach supports the EU’s Green Deal, which aims to cut greenhouse gas emissions by…
[ad_1] VANCOUVER, BC, May 13, 2025 /CNW/ – Global Carbon Credit Corp. (the “Company”) is pleased to provide the following operational update. Following the results of the Annual General and Special Meeting held on November 21, 2024 where the motions pertaining to the distribution of capital were overwhelmingly voted down, the Company instituted a review of available strategic opportunities. As such, the board of directors of the Company has resolved to diversify the existing asset base of the Company and to deploy available capital into new investment opportunities. In connection with the diversification of the asset base, the Company intends to…
[ad_1] VANCOUVER, BC, May 13, 2025 /CNW/ – Global Carbon Credit Corp. (the “Company”) is pleased to provide the following operational update. Following the results of the Annual General and Special Meeting held on November 21, 2024 where the motions pertaining to the distribution of capital were overwhelmingly voted down, the Company instituted a review of available strategic opportunities. As such, the board of directors of the Company has resolved to diversify the existing asset base of the Company and to deploy available capital into new investment opportunities. In connection with the diversification of the asset base, the Company intends to…
[ad_1] TORONTO, May 13, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today reported its financial results for the three months ended March 31, 2025. All figures are expressed in United States dollars, unless otherwise indicated.Carbon Streaming Chief Executive Officer Marin Katusa stated: “In the first quarter of 2025, Carbon Streaming made significant progress in reducing costs and improving financial sustainability, while continuing to evaluate strategic alternatives. Ongoing operating expenses have decreased substantially compared to prior years, and by May 2025, the number of individuals at the Company receiving a full-time…
[ad_1] Bitcoin (BTC) climbed to $104,411.95, up 2.67%, edging closer to its all-time high, as easing trade tensions between the U.S. and China and anticipated inflation cooling lifted market sentiment. Bitcoin’s near-record surge followed a surprise tariff agreement where the U.S. slashed duties on Chinese goods from 145% to 30% for 90 days. China reciprocated by lowering tariffs on American imports from 125% to 10%. The move sent risk assets higher, including cryptocurrencies. Meanwhile, Ether (ETH) jumped 7.15% to $2,616.62, notching its strongest weekly gain since 2020. Other altcoins also rallied: Dogecoin (DOGE) rose 5.85%, HYPE advanced 9.95%, and PI…
[ad_1] L’Oréal is making bold moves toward a more sustainable beauty industry with its Sustainable Innovation Accelerator. Under the global “L’Oréal for the Future” plan, this initiative helps quickly develop technologies. These technologies aim to lower the environmental impact of cosmetics production and L’Oréal’s carbon footprint. The beauty company aims to lower carbon emissions, reduce waste, and form eco-friendly partnerships. These efforts seek to change the beauty industry. They also aim to meet the growing demand for sustainable products. By working closely with startups and scientific innovators, L’Oréal plans to push boundaries in green technology. Ezgi Barcenas, Chief Corporate Responsibility…
[ad_1] L’Oréal is making bold moves toward a more sustainable beauty industry with its Sustainable Innovation Accelerator. Under the global “L’Oréal for the Future” plan, this initiative helps quickly develop technologies. These technologies aim to lower the environmental impact of cosmetics production and L’Oréal’s carbon footprint. The beauty company aims to lower carbon emissions, reduce waste, and form eco-friendly partnerships. These efforts seek to change the beauty industry. They also aim to meet the growing demand for sustainable products. By working closely with startups and scientific innovators, L’Oréal plans to push boundaries in green technology. Ezgi Barcenas, Chief Corporate Responsibility…
[ad_1] The 25% tariff on steel and aluminium imports into the US announced in March has been scrapped. At a time where the tariff war is putting extra pressure on countries to be more self-sufficient, Trump’s decisions present a complex challenge for all stakeholders. Metals expert and Chairman at metals4U, Paul McFadyen, shares his insights into the possible effects of the tariff deal on the UK’s metal industry, and what the news means for manufacturers in this highly uncertain time. Paul says, “The US is a crucial market for British steel, and the tariffs threatened to severely disrupt this trade.…
[ad_1] A conservation program in Kenya that tech companies like Netflix and Meta rely on for carbon credits is in conflict with local herders, according to a report from The Wall Street Journal. The issue led to the program run by The Northern Kenya Rangelands Carbon Project to be put on hold, and could ultimately invalidate credits the organization has already sold.This specific carbon capture program uses grass spread across 4.7 million acres of land communally owned by groups like the Maasai, to trap carbon in the soil. The project gets to use the land, and in exchange, the herders…