archiveRSBI:CLIMATE-CHANGE

November 14 - On October 1, the European Union’s carbon border adjustment mechanism (CBAM) took effect in a transitional phase. Importers will be required to report relevant data to the EU but will not be required to pay the charge until January 1, 2026.The CBAM is intended to apply to certain imports a carbon price equivalent to the internal EU regulatory price charged for carbon, through a border adjustment tax. The CBAM will initially apply to imports of carbon-intensive goods – such as cement, iron and steel, aluminium, fertilisers, electricity...

Rocky Mountain Institute says BiCRS has potential to remove 5.5 gigtons of CO2 globally per yearBiochar accounts for over 90% of carbon credits; IPCC says it has 'signifiant mitigation' potentialCharm Industrial injecting bio-oil into abandoned oil wells, removing over 6,000 metric tons of CO2Puro.earth piloting woody biomass burials methodology; Zurich pre-paying for CO2 removal certificatesNovember 14 - Storing carbon in living biomass has long been touted as a solution to climate change, but as successive scandals and concerns about destruction by wildfires has dampened the market for tree-planting credits, many...

Local resident Tarusila Boseiwaqa walks along a sea wall that no longer protects homes from the intrusion of water at higher tides, as a rainbow forms over Serua Village, Fiji, July 14, 2022. REUTERS/Loren Elliott/File Photo Acquire Licensing RightsNov 4 - Countries moved a step closer on Saturday to getting a fund off the ground to help poor states damaged by climate disasters, despite reservations from developing nations and the United States.The deal to create a "loss and damage" fund was hailed as a breakthrough for developing country negotiators at...