Plans for ‘world’s first carbon-negative green hydrogen project’ unveiled in US

carbon-negativeLos Angeles, California-based start-up Mote will convert wood waste into H2 and capture and store the CO2 — but it might not be the first to do so.

A US start-up says it will produce carbon-negative green hydrogen from wood waste at a plant in Bakersfield, California, as soon as 2024.

By utilising biomass that has absorbed carbon dioxide from the atmosphere as it grew, and then capturing and storing that CO2, the process actually removes carbon from the air.

Mote says it uses “proprietary integration of proven equipment in a novel process”. Continue reading “Plans for ‘world’s first carbon-negative green hydrogen project’ unveiled in US”

Bioenergy, forestry sectors jump on EU’s green finance bandwagon

Bioenergies, including wood, biofuels and forest-based industries, should be recognised under the EU’s draft sustainable finance taxonomy, in line with the recently-updated renewable energy directive, an industry coalition has claimed.

The EU’s draft taxonomy for green finance is “undermined by significant divergences” with the EU’s renewable energy directive, according to a joint statement by ten industry associations involved in the forestry and bioenergy sectors.

“This lack of coherence casts a shadow over the likelihood of achieving long-term EU climate and energy goals,” the coalition warns. Continue reading “Bioenergy, forestry sectors jump on EU’s green finance bandwagon”