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Google's investing in a CO2 battery.
Google's investing in a CO2 battery.

The Verge

time3 hours ago

  • Science
  • The Verge

Google's investing in a CO2 battery.

Posted Jul 25, 2025 at 2:43 PM UTC Follow topics and authors from this story to see more like this in your personalized homepage feed and to receive email updates. Justine Calma Posts from this author will be added to your daily email digest and your homepage feed. See All by Justine Calma Posts from this topic will be added to your daily email digest and your homepage feed. See All Climate Posts from this topic will be added to your daily email digest and your homepage feed. See All Energy Posts from this topic will be added to your daily email digest and your homepage feed. See All Environment Posts from this topic will be added to your daily email digest and your homepage feed. See All Google Posts from this topic will be added to your daily email digest and your homepage feed. See All News Posts from this topic will be added to your daily email digest and your homepage feed. See All Science Posts from this topic will be added to your daily email digest and your homepage feed. See All Tech

Tax group points out inconsistency in greenhouse gas taxes as farms escape cost
Tax group points out inconsistency in greenhouse gas taxes as farms escape cost

Irish Independent

timea day ago

  • Business
  • Irish Independent

Tax group points out inconsistency in greenhouse gas taxes as farms escape cost

The group defends the carbon tax, which will rise again in the autumn budget, noting that revenues from it have been used to boost welfare payments and provide energy-efficiency supports for low-income households. It also notes that the tax – intended to discourage use of fossil fuels as the primary sources of greenhouse gas emissions – is not applied to the other primary source, methane. 'It should be noted that the vast majority of greenhouse gas emissions from agriculture (ie methane) are not subject to any environmental tax,' the group says in analysis presented to ministers. Farmers did have to pay carbon tax on fuel for agricultural vehicles but it was at a reduced rate, it said. 'Marked gas oil' - as agricultural diesel is categorised – currently costs 48 cents less per litre than regular diesel, it said. 'Farmers continue to be eligible for a double income tax relief,' the group said. 'A farmer may take an income tax or corporation tax deduction for farm diesel and then a further deduction for farm diesel which is equal to the difference between the carbon tax charged and the carbon tax that would have been charged had it been calculated at 2012 levels.' The tax paper also highlights different environmental taxes in other EU countries, including a new tax on livestock emissions announced in Denmark. Danish farmers will pay a tax of €40 per tonne of livestock methane emissions from 2030 which will increase to €100 by 2035. Revenues will help finance what the Danish parliament has described as the 'reorganisation' of the landscape with more focus on forestry and natural spaces. The Tax Strategy Group make no recommendations based on the proposal but flag research recently undertaken in Ireland around similar ideas. 'The Pathways project, funded by the European Climate Foundation, in partnership with the Institute of International & European Affairs, has published a series of papers on the future of the Irish Agri-food sector,' it says. 'Their paper on 'Agricultural Climate Policy in Ireland from 2030 to Net Zero' recommends Ireland establish an independent Emissions Pricing Design Commission, modelled on Denmark's expert group, to assess the feasibility and design of emissions pricing in Ireland's agricultural sector.'

Ireland and the UK extend agreement to cooperate on energy transition goals
Ireland and the UK extend agreement to cooperate on energy transition goals

Irish Post

time15-07-2025

  • Business
  • Irish Post

Ireland and the UK extend agreement to cooperate on energy transition goals

IRELAND and the UK have confirmed they will extend an existing agreement supporting greater cooperation between them on shared energy transition goals. In 2023 both nations signed the Memorandum of Understanding (MoU) on Cooperation in the Energy Transition, Offshore Renewables and Electricity Interconnection. The move facilitated increased cooperation between them on a number of specific areas within their goals to transition to renewable energy sources. Minister for Climate, Energy and the Environment Darragh O'Brien and British Climate Minister Kerry McCarthy sign an extension on their memorandum of understanding extended on energy cooperation This week Ireland's Minister for Climate, Energy and the Environment Darragh O'Brien and British Climate Minister Kerry McCarthy, from the Department for Energy Security and Net Zero, signed an extension to the MOU. The move will allow for further cooperation and information sharing between them on issues such as the decarbonisation of industries and buildings and the development of renewable and low-carbon hydrogen value chains. 'The UK is one of our most important energy partners and there is already good cooperation on energy between both countries,' Minister O'Brien said. 'Since the signing of our energy agreement with the UK in 2023, we have strengthened our energy partnerships on critical areas within the energy transition,' he explained. 'I am particularly delighted that we will now bring our cooperation to additional areas of importance.' He added: "Renewed collaboration with our UK neighbours takes place against the backdrop of a changing and uncertain world. 'Energy markets are currently operating in an increasingly complex world as they continue to grapple with the Russia-Ukraine war, and the crisis in the Middle East, and persistent high inflation. 'This agreement also comes amid a series of recent climate warnings, with the latest warning noting how western Europe experienced its hottest June on record. 'The decarbonisation of our energy systems and the move away from fossil fuels has never been more important." Minister McCarthy said their agreement 'demonstrates the continued strength of our relationship on energy and climate'. "As one of our closest neighbours and allies, Ireland shares common goals with the UK on the need to secure clean, homegrown energy and to end our reliance on unstable fossil fuel markets,' she added. 'We are delighted to stand with Ireland as a climate leader, to protect future generations and deliver growth and energy security for the British and Irish people." After signing the agreement, the ministers held a meeting in Dublin to discuss their 'energy-related ambitions, with energy affordability one of the items top of their discussion agenda', Minister O'Brien's office confirmed. See More: Energy Transition, Ireland, Memorandum Of Understanding, UK

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