Renewable Energy

Renewable energy refers to energy (most typically electricity) generated from sources that are not finite. Such sources do not emit greenhouse gases when converted into power.

Green Steel

The production of steel without the use of fossil fuels. This can include the use of an Electric Arc Furnace or hydrogen-based direct reduction of iron ore.

CER

Certified Emission Reduction (CER) is a type of carbon offset generated by Clean Development Mechanism (CDM) projects governed by the United Nations’ Kyoto Protocol, which will be discontinued later in this decade…

Carbon Sequestration

The capture and storage of carbon dioxide emissions. Generally considered in two main categories: nature-based sequestration, such as forests, soils and marine-based bio-storage…

UNFCCC

An international treaty on climate change whose central aim is to avoid dangerous human-induced interference in the climate system, through various means including reducing the global atmospheric…

Article 6.4

Article 6.4 of the Paris Agreement establishes the ‘Paris Agreement Crediting Mechanism’ – a framework for trading carbon credits from greenhouse gas reduction, avoidance or removal projects.

Article 6

Article 6 of the Paris Agreement lays out the principles and guidelines for a country-level carbon market, in which countries may generate carbon offsets either to meet their own emissions reduction targets…

Article 6.2

Article 6.2 of the Paris Agreement allows countries to exchange greenhouse gas emissions reduction credits through bilateral or multilateral agreements, to provide flexibility in how they meet their climate targets.

Blue Hydrogen

Blue hydrogen is produced using steam methane reformation in the same process as grey hydrogen, except the greenhouse gas emissions are captured and stored underground.