Dimeta and Rinnai forge alliance to decarbonise LPG market

Dimeta, a global joint venture dedicated to advancing renewable and recycled carbon Dimethyl Ether (DME) production and usage, has announced the signing of a Memorandum of Understanding (MoU) with Rinnai, a worldwide gas appliance manufacturer and distributor. Their goal is to explore methods for decarbonising the LPG market in Europe by leveraging DME. Renewable and […]

Fortescue abandons carbon offsets to fuel ambitious decarbonisation plan

Iron ore giant and renewable energy pioneer Fortescue has announced its decision to cease purchasing carbon offsets starting this fiscal year. Fortescue has redirected all funds previously allocated for carbon offsets toward its decarbonisation strategy, aiming to achieve Real Zero by 2030. This shift represents a significant financial commitment, equivalent to several hundred million dollars […]

KUKVC and CMAI to advance carbon finance for sustainable agriculture

The Carbon Markets Association of India (CMAI) has formally inked a Memorandum of Understanding with the non-profit organisation, Krishi Udyami Krishak Vikas Chamber (KUKVC) with a particular focus on promoting organic farming and integrating carbon credit revenue into farmers’ income streams. This initiative aims to improve the livelihoods of farmers while contributing to environmental sustainability. […]

Carbon Streaming partners with Microsoft for biochar carbon removal

Carbon Streaming Corporation is set to supply Microsoft with carbon removal credits from the Waverly Biochar project located in Waverly, Virginia. Anticipated to yield up to 10,000 tonnes of carbon dioxide removal credits annually, this initiative aligns with Microsoft’s commitment to achieving carbon negativity. “We are delighted to be working with Microsoft to provide them […]

First large-scale onshore nodal CCS exploration projects kick off in Brazil

STRYDE, a global leader in seismic acquisition technology and solutions, has supplied geoscience and technology pioneer, Explor with 26,370 STRYDE Nodes™ to enable a series of carbon capture and storage (CCS) projects to support carbon-negative bioenergy in Brazil. The projects mark the first time that STRYDE has seen its seismic sensor technology used in Brazil. […]

Carbonvert-Castex JV to offshore carbon storage hub in Louisiana

Carbonvert and Castex Energy, through its wholly owned subsidiary, Castex Carbon Solutions, are executing an operating agreement with the State of Louisiana to develop a 24,000 acre tract of land situated in State waters, offshore Cameron Parish, to permanently store carbon dioxide (“CO₂”). Castex’s decades-long operational, commercial and subsurface experience, combined with Carbonvert’s specialised expertise […]