U.S. Interior Department Takes Action to Protect Taxpayers from Offshore Oil & Gas Decommissioning Costs

Updated regulations for the offshore oil and gas industry will strengthen risk management and financial assurance requirements WASHINGTON — The Department of the Interior today announced a final rule from the Bureau of Ocean Energy Management (BOEM) to protect taxpayers from covering costs that should be borne by the oil and … [continued]

Photo: MJ Tangonan on Unsplash

Carbonfuture To Host Carbon Removal Summit 2024 In London June 13th

Carbonfuture, the leading MRV Infrastructure provider for durable carbon removal, will host its second annual summit dedicated to carbon dioxide removal (CDR), in partnership with Reuters Events on June 13th in London. The invite-only summit aims to bring together industry leaders in the fast-growing approach to climate change. Panel discussions … [continued]

Photo credit: Clint McKoy on Unsplash

Cotierra’s Biochar Tech Aims to Enrich Colombia’s Coffee Industry

Reversing climate change and safeguarding your morning cup of coffee in a one-two punch? That’s what Cotierra, a Swiss-Colombian carbon removal and AgTech startup aim to do with the $1 million in pre-seed funding they just received from a consortium of environmental and climate-focused investors. The investment will support the … [continued]

Climeworks’ proposed Norway site, image credit: Climeworks

Climeworks Wins Funding For Direct Air Capture & Storage In Norway

Climeworks, the company responsible for the world’s first and largest Direct Air Capture and Storage (DAC+S) plant in Iceland, has been awarded €2.3 million by Enova, a state enterprise owned by Norway’s Ministry of Climate and Environment. The multi-million euro boon for the world leader in DAC facilities will fund … [continued]

DALL·E oil wells profitable sunburst created by Carolyn Fortuna / CleanTechnica

Adaptation Is Great, But We Really Have To Eliminate Emissions That Cause Warming

The United Nations has made it clear: the world is already experiencing changes in average temperature, shifts in the seasons, an increasing frequency of extreme weather events, and slow onset events. Everyone needs to adapt to the changing ecological, social, and economic systems in response to actual or expected climatic … [continued]