Climate Change

Climeworks Announces Boston Consulting, LGT Bank, & Rothesay As New Carbon Removal Customers

In addition to high-scale emission avoidance and reduction efforts, high-quality carbon removals are beginning to be another component of global net-zero roadmaps. This has triggered both LGT and Boston Consulting Group (BCG) to sign a 10-year air capture agreement with Climeworks, thereby committing to a longstanding commitment towards carbon removal. … [continued]

Direct Air Capture & the Climate Long Game

Direct Air Capture is not a magic bullet. Yet, engineered CDR, including nascent solutions like direct air carbon capture and sequestration (DACCS), could provide a critical backstop against worsening climate change. Download our new insight brief, Scoping the Need for Direct Air Capture, here. According to the latest science, the risk of … [continued]

Utilities’ Carbon-Reduction Goals Will Have Little Impact On U.S. CO2 Emissions

Executing several plans announced by U.S. power utilities to reduce carbon dioxide (CO2) emissions would have a minor effect on U.S. energy-related CO2 reductions, according to the analysis we published earlier this week. As part of the Annual Energy Outlook 2021 (AEO2021), we created a Corporate Goal case that incorporates assumptions based … [continued]