Kristalina Georgieva, managing director of the International Monetary Fund, speaks during the Singapore FinTech Festival in Singapore, on Wednesday, Nov. 15, 2023. Bloomberg | Bloomberg | Getty Images Dubai, UNITED ARAB EMIRATES — The head of the International Monetary Fund on Sunday underlined the case for carbon pricing at the COP28 climate summit, saying that … Read more
The Gorgon liquefied natural gas (LNG) and carbon capture and storage (CCS) facility, operated by Chevron Corp., on Barrow Island, Australia, on Monday, July 24, 2023. Bloomberg | Bloomberg | Getty Images The oil and gas industry needs to let go of the “illusion” that carbon capture technology is a solution to climate change and … Read more
Private jets are seen on the tarmac at Friedman Memorial Airport ahead of the Allen & Company Sun Valley Conference, July 5, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images The world’s richest 1% of people are responsible for around the same percentage of global carbon emissions as the 5 billion people who … Read more
If only 5 percent of offsets actually remove carbon, how do we scale up that side of the market? The main challenge is that carbon removal is still at a very early stage and expensive. The average removal offset is, let’s say, $200 a ton. Whereas the average emissions-avoidance offset is about $5 dollars a … Read more
Asia is emerging as the key catalyst for growth in carbon trading, though the region’s markets currently cover only a fraction of emissions that account for half the world’s total. Indonesia and Japan have launched carbon trading exchanges in the past two months, China — the world’s top polluter — is looking to expand its … Read more
Apple’s first “carbon neutral” products are versions of its smartwatch. Photo courtesy Apple In September, Apple announced its next-generation smartwatch models would all have a “carbon neutral” option, at the same price as the non-carbon neutral options, starting at $249. For Apple, making a product “carbon neutral” means that it changed its operations — including … Read more
8.6 Lenovo ThinkPad X1 Carbon Gen 11 Like Stellar build quality Great compromise between screen size and portability Constructed with recycled materials Awesome keyboard Competitive application performance and long battery life Don’t like RAM soldered on so can’t expand post-purchase Touchpad is undersized The Lenovo ThinkPad X1 Carbon Gen 11 is the company’s flagship business … Read more
Eradicating carbon from the ambiance is a rising discipline of enterprise within the struggle in opposition to world warming, however it’s not simply massive air vacuums doing the work. New know-how is concentrating on a good larger potential useful resource: The ocean. The ocean, usually likened to the lungs of the planet, is the world’s … Read more
A dense rainforest or different verdant terrestrial vegetation could also be what first involves thoughts on the point out of photosynthesis. But the clouds of phytoplankton that fill the oceans are the key drivers of that course of in nature. The plantlike single-celled aquatic microbes generate greater than 50 p.c of the oxygen within the … Read more
Supercritical, the carbon removing market aimed (for the time being) primarily at tech corporations that need to hit “web zero,” has raised a $13 million Collection A funding spherical, led by Lightspeed Enterprise Companions. The spherical contains funding from RTP World, Greencode Ventures, MMC Ventures and others. We lined Supercritical’s launch again in August 2021, when it identified that … Read more