Blog – Carbon Times

China Surpasses Afforestation Goals and Enhances Ecological Restoration in 2023

Posted on 2024-01-22 (2024-01-22) by H. Benjamin

Title: “China Surpasses Afforestation Goals and Enhances Ecological Restoration in 2023” Summary:In 2023, China has exceeded its afforestation targets, achieving significant ecological milestones by planting trees across 8.33 million hectares and combatting desertification on 190,000 hectares. This success was announced during a national teleconference by the National Forestry and Grassland Administration. The progress is partly […]

Northvolt Secures Record €5bn Green Loan for Expansion and Recycling Facility

Posted on 2024-01-16 (2024-01-16) by H. Benjamin

Northvolt, Europe’s leading battery manufacturer, has obtained the largest green loan in European history, amounting to €5 billion. This financial milestone will support the expansion of its inaugural gigafactory, Northvolt Ett, and the construction of an adjacent recycling facility, Revolt Ett, in Sweden. Despite facing production delays and reporting significant losses, Northvolt has attracted considerable […]

DHP Solar Folding Roofs Live Install Presentation on 17. Jan 2024

Posted on 2024-01-16 (2024-01-16) by H. Benjamin

Within the next 5-6 years dhp technology AG plans to install solar roofs on 45 motorways stations and parking places in Switzerland with a total of 500 MwH install capacity. If you want to see the solar folding roofs of dhp in Switzerland by yourself, tomorrow is your date: Register here. Solar folding roofs for […]

Climate Capitalism works, because it’s cheaper

Posted on 2024-01-15 (2024-01-15) by H. Benjamin

In his new book, Bloomberg climate reporter Akshat Rathi challenges the notion that capitalism is the root of the climate crisis, instead pointing to its corruption. He argues that a reformed version of capitalism can effectively combat climate change by incentivizing the development and scaling of clean technologies. Rathi highlights various global examples, from China’s […]

Oil price rises after Houthi / Red Sea escalations

Posted on 2024-01-15 (2024-01-15) by H. Benjamin

Houthi militants are threatening retaliation following US and UK military strikes in Yemen, leading to major oil tanker operators avoiding the critical Red Sea trade route. This has caused a spike in oil prices, with Brent crude reaching over $80 a barrel for the first time in 2024. The UK Prime Minister, Rishi Sunak, has […]

Tesla Megapack Hawaii replaces last coal plant

Posted on 2024-01-12 (2024-01-12) by H. Benjamin

A 185MW/565MWh battery system in Hawaii – delivered by Tesla Energy – seems to replace the last local coal plant,,, […]

Japan to Support Ukraine’s Reconstruction with Biofuel Technology

Posted on 2024-01-08 (2024-01-15) by H. Benjamin

Japan has announced plans to offer biofuel manufacturing technology to Ukraine as part of the war-torn country’s reconstruction efforts. This initiative will be formally presented at the Japan-Ukraine Conference for Promotion of Economic Reconstruction in Tokyo next month, where officials from both nations will convene to discuss recovery support. Recognising Ukraine’s abundant agricultural resources, Tokyo […]

The 2023 Wake-Up Call on Climate Change as Temperatures Soar

Posted on 2023-12-29 (2023-12-29) by H. Benjamin

2023 has emerged as the hottest year on record, signaling a critical juncture in the climate crisis and exposing the inadequacy of global efforts to address it. James Hansen, a former NASA scientist, warns that this year marks a stark realization of governments’ failure to curb accelerating global warming. Despite nearly three decades since Hansen’s […]

ESG | Environmental, Social, and Governance

Posted on 2023-12-13 by H. Benjamin

The term “ESG” stands for Environmental, Social, and Governance, and it refers to the three key factors when measuring the sustainability and ethical impact of an investment in a company or business. While there aren’t companies that are solely “ESG companies,” there are many companies that are considered leaders in ESG practices within their respective […]

Day 7 @ COP28

Posted on 2023-12-06 (2023-12-06) by H. Benjamin

Beside all the details, here is a good, bit rough news summary of what the 7th day @ #Cop28 brought, beside Putins visit. The UN conference continues, as 2023 becomes the world’s hottest year on record…. “intentions won’t halve emissions”… Quelle: COP28: Tipping points, city plans and Putin’s visit to the UAE on day 7 […]

Japan Commits to Coal Reduction and International Aid at COP28

Posted on 2023-12-03 (2023-12-13) by H. Benjamin

At COP28, Japanese Prime Minister Fumio Kishida committed to reducing Japan’s coal dependency and achieving carbon neutrality by 2050. He announced plans to halt new coal plant construction without emission controls and to increase financial support for developing nations through international lenders. Kishida also pledged to work towards tripling global green power and to contribute […]

The Urgent Need to Scale Carbon Removal for Net Zero

Posted on 2023-11-15 (2023-12-07) by H. Benjamin

In the linked interview Michelle You, cofounder of Supercritical, a carbon-accounting firm, emphasizes the critical role of carbon removal in achieving net zero emissions. With current global capacity for carbon removal at a fraction of the required billions of tons per year, You compares the nascent carbon removal industry to the early days of solar […]