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Tag: Carbon Capture

World Bank’s record-breaking $225 million bond issue finances reforestation in the Amazon region • Carbon credits

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World Bank’s record-breaking 5 million bond issue finances reforestation in the Amazon region • Carbon credits

The World Bank, through its lead arm, the International Bank for Reconstruction and Development (IBRD), has issued a 9-year bond worth US$225 million. This bond supports carbon removal by financing reforestation in the Brazilian Amazon rainforest. Exploring the world bank Carbon removal bond Jorge Familiar, Vice President and Treasurer of the World Bank, noted: “A […]

Despite the risks, Pennsylvania races into the era of carbon capture • Pennsylvania Capital-Star

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Despite the risks, Pennsylvania races into the era of carbon capture • Pennsylvania Capital-Star

After months of debate and negotiations, Gov. Josh Shapiro has signed a bill that will put Pennsylvania at the forefront of efforts to slow global warming by capturing climate-changing emissions from power plants and storing them deep underground. But amid reports that the fossil fuel industry is vastly overstating the technology’s potential while downplaying its […]