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Worldwide carbon capture, utilization, and storage industry expected to reach $9.4B by 2027

Environmental News Bits

The Global Carbon Capture, Utilization, and Storage (CCUS) Market is estimated to be $2.84 billion by 2027, growing at a CAGR of 27.14%. Read the full story from Environment + Energy Leader. billion in 2022 and is projected to reach $9.43 That’s according to a new report by ResearchandMarkets.com.

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The IPCC and the Need for Actionable Science

Union of Concerned Scientists

The panel did confirm the inclusion of a special report on climate change and cities (for which a scoping meeting will take place later in 2024) and a methodology report on short-lived climate forcers— such as methane—both slated to be published in early 2027.

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Stronger Fuel Economy Standards Are Needed to Clean Up Combustion Vehicles

Union of Concerned Scientists

leader in cleaning up the light duty fleet quietly released its own proposal in August: the Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) has proposed to improve fuel economy of passenger cars and trucks steadily from 2027 through 2032 and heavy-duty pickups and vans from 2030 to 2035.

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Innovators in 2023 Carbon Removal Landscape

Ivy Protocol

The year 2023 stands as a testament to this synergy, with a plethora of companies innovating in the carbon removal terrain with a shared goal of fighting climate change. Meeting the recent pathways laid out by the IPCC will require total cumulative net carbon dioxide removals of 20–660 GtCO2 by 2100. McKinsey & Company.

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From Dust You Were Made, From Dust You Shall Return: On Human Composting & Upcycling (in some cases)

Acoel

Earlier this year California became the most recent state to approve a human composting bill, although it’s not set to go into effect until 2027. While the cremation process burns fossil fuels and emits carbon dioxide and particulates into the atmosphere, the environmental impact of cremation versus burial is arguably about the same.

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Fighting Climate Change and Unhealthy Air, California Wants to Electrify Trucks, Too

Union of Concerned Scientists

Compared to a baseline business-as-usual scenario, CARB estimates the ACF will reduce climate-warming emissions from the state’s truck fleet by more than 40 percent by 2050, equating to a reduction of about 300 million metric tons of carbon dioxide over this timeframe. The rule would also reduce NOx and PM2.5 Public Agency Fleets.

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Did Biden have to approve the Willow oil project?

Legal Planet

That would release some 280 million metric tons of carbon dioxide, according to a federal analysis. energy goals. “If renewables keep growing at their current rate, it projects, renewable energy would account for 38 percent of global electricity by 2027—two years before Willow oil would finally start flowing.