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[Latest] Global Greenhouse Gas Emissions Market Size/Share Worth USD 753.5 Million by 2032 at a 5.1% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

[Latest] Global Greenhouse Gas Emissions Market Size/Share Worth USD 753.5 Million by 2032 at a 5.1% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)
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Tianjin , China , Wanze , Waals-gewest , Belgium , Canada , United-states , France , South-korea , Mexico , Saudi-arabia , Paris

CCUS gaining traction [Gas in Transition]

With China supporting a bigger role for CCUS to abate emissions from its continued use of coal in power generation, CCUS is gaining traction. [Gas in Transition, Volume 3, Issue 10]

China , Delhi , India , Sultan-al-jaber , With-china , Decarbonisation-solutions , Norway , Oil-and-gas-industry , Oil-recovery , Carbon-removal-technologies , Triple-renewable-energy-capacity

Click-20211104-03:44:00

if we look at planting trees or afforestation, then the feeling was that that could remove something of the order of about 3 billion tons of carbon dioxide by mid century. and with carbon capture and storage which, if done right, could also be a net carbon removal technology, that might contribute something like 2 billion tons of carbon dioxide removal by mid century. and then direct air capture, something like three, may be as high as 5, billion tons by mid century. now, if you add all of those up, you are talking about 10 billion tons of co2 removal by mid century. that might seem like a lot but comparing it to our current emissions, which are 35 billion tons of c02, it only represents about a third of the solution. and so, that means to deal with the other two—thirds, we need to get much more energy—efficient and if, on top of that, carbon removal technologies can help us along the way, then that is great, but let's not pin our hopes on those technologies alone.

Carbon-dioxide , Something , Feeling , Planting-trees , Order , Afforestation , 3-billion , Air-capture , Net-carbon-removal-technology , Three , Carbon-capture-and-storage-which , Carbon-dioxide-removal

Big names back forest-backed carbon credit


Big names back US forest-backed carbon credit scheme
From Microsoft to a division of Royal Dutch Shell, big companies are buying carbon credits tied to more than 1mn acres of forested land in the US, venture-backed US climate company NCX said May 26.
NCX said it has created the largest forest carbon project by acreage in the Lower 48 states. Among the early participants are Microsoft, Shell’s environmental products division and sustainable consulting firm South Pole.
Zack Parisa, the founder of NCX, said the project puts carbon on the same footing as timber.
“NCX identifies forested acres that are likely to be harvested and rewards landowners that keep them growing,” he said. “It’s a solution that connects landowners with net-zero pioneers to create climate impact with unprecedented scale and transparency.”

Netherlands , Dutch , Zack-parisa , Marc-benioff , Royal-dutch-shell , Mitsubishi , Union-square-ventures , Mitsubishi-corp , Shell , Microsoft-climate-innovation-fund , Microsoft , South-pole

Mitsubishi inks pact with carbon credit developer


Mitsubishi inks pact with carbon credit developer
May 12, 2021 9:10:am
Summary
Mitsubishi and South Pole will study ways to generate and sell carbon credits derived from carbon removal technologies such as CCUS.
by: Shardul Sharma
Posted in:
Mitsubishi inks pact with carbon credit developer
Mitsubishi Corp has signed an agreement with Zurich-based carbon credit developer South Pole to study ways to generate and sell carbon credits derived from carbon removal technologies such as carbon capture utilisation and storage (CCUS).
Carbon removal technologies are critical for reaching Paris Agreement goals, Mitsubishi said on May 12 announcing the partnership. “However, technological innovation and cost reduction are issues that need to be addressed before carbon removal technologies can be implemented on a large scale,” it said.

Zurich , Züsz , Switzerland , Paris , France-general , France , Mitsubishi , Mitsubishi-corp , South-pole , Paris-agreement , Carbon-removal-technologies