The industrial sector throughout the world needs to decarbonise. At the same time, no one country wants to incur the costs and risk losing market share to rivals who decarbonise slowly (or not at all!) Hence the EU’s Carbon Border Adjustment Mechanism (CBAM) that imposes costs on carbon-intense imports. This protects clean EU industries while incentivising importers to get going with decarbonisation or lose their European customers. Allegra Dawes … [Read more...]
EU’s latest sanctions on Russian Oil: what are they and will it work?
On June 3, the EU agreed an embargo on Russian crude oil and petroleum products. Ben Cahill at the Center for Strategic and International Studies looks at the details of the latest sanctions imposed in response to Russia's ongoing invasion of Ukraine, and assesses the possible consequences. The aim is to cut oil imports from Russia by 90 percent by February 2023. A critical part of the sanctions is a ban on providing shipping insurance to Russian … [Read more...]
Engineering yeast to create Biofuels from non-food crops (straw, grass, cellulosic waste)
Using ethanol can reduce the global consumption of fossil fuels. But, commercially, ethanol in the U.S. is produced from corn and not enough is grown to make a significant impact on U.S. fuel needs. Anne Trafton at MIT describes research that has engineered yeast to break down straw and woody plant material to create ethanol as efficiently as it’s done from corn. High yields of ethanol were extracted from five different types of cellulosic … [Read more...]
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