July 31, 2023 - Your Scoop in CDR!

Rivian Green Charging The EV maker plans to offer 'carbon-neutral' charging as an add-on for customers- 07/31/23- CTVC (Climate Tech VC) Electric truck maker Rivian will test out customer willingness to pay for clean energy to power their EVs with a new “green charging bundle.” The company has agreed to purchase electricity from a solar project built on top of a former coal mine in Kentucky, and this model would use a corporate power procurement structure to apply clean energy credits to consumer emissions.

Could Engineered Carbon Removal Solve the Climate Crisis? The results indicate that novel CDR can keep pre-Paris climate targets within reach when accounting for such risks, but that increasing institutional capacity beyond historical trends is necessary for limiting warming to the Paris Agreement’s 1.5°C goal, even with novel CDR processes. The study also suggests that substantially improving institutional capacity to implement environmental policies, regulations, and legislation is critical to keep warming below 2°C if new forms of CDR fail to emerge in the near future.

Shell's 'obscene' $5bn profits reignite outrage amid climate crisis Jonathan Noronha-Gant, a senior campaigner at Global Witness, said: “This is a company that acknowledges the urgency of the climate crisis. And yet it has U-turned on its climate commitments and doubled down on toxic fossil fuel energy.

“Every house burnt to the ground, every town forced to evacuate, every ecosystem lost to a wildfire is a necessary consequence of a business model like Shell’s, which prioritises short-term cash grabs over the safety and survivability of our societies.”

Sawan told investors last month that Shell would abandon plans to cut oil production each year for the rest of the decade and keep its fossil fuel production steady until 2030. He also angered green groups by claiming that cutting the world’s oil and gas production would be dangerous and irresponsible.