Newsweek Pillars of the Green Transition interview with Elimini Co-Leader Ross McKenzie
Elimini Co-Leader Ross McKenzie spoke with Newsweek about BECCS, the evolving US political landscape, and removing carbon for good.
News
Why Bioenergy Needs a Seat at the SBTi Table
The Science Based Targets initiative (SBTi) is updating its Corporate Net-Zero Standard, sparking debate over how best to align business action with climate science. Proposals to require carbon removals from 2030 mark a step forward, but questions remain about whether cumulative rather than annual targets deliver real capacity growth. Shifting electricity goals from “renewable” to “zero carbon” broadens options but raises concerns over scope, lifecycle emissions and the exclusion of bioenergy.
Acting Early on Carbon Removals isn’t Just Good for the Planet – it’s Smart Business
For companies – especially in sectors like technology, aviation, and heavy industry – decarbonization is no longer a distant goal; it's a boardroom imperative. However, many face hard limits: soaring energy costs that can't be paused, supply chains that can’t be swapped overnight, and emissions that current technologies can’t yet eliminate.
That’s why companies are integrating carbon dioxide removals (CDRs) into their broader business strategies – and those who act early stand to benefit the most.
Following the science: Why bioenergy needs a seat at the SBTi table
In March, SBTi launched a consultation on Version 2 of its Corporate Net-Zero Standard. The proposals are bold, and undoubtedly a step in the right direction to bring many areas of the standard more closely in line with the science. Of note, SBTi has shifted its position on carbon removals, requiring or recommending for businesses to include removals as part of their targets from 2030 onwards – paving the way for the scale up of the carbon removals industry. However, there are some areas that seem to take a step backwards, notably the use of cumulative instead of annual targets and the change from ‘zero carbon’ to ‘renewable energy’ targets.
Microsoft and BECCS Set the Pace in Q2 with Historic Deals
Those aiming for net zero targets by 2030 are now entering the phase in which they must deal with hard-to-abate emissions, which often means incorporating carbon removals. In Q2, the most significant of the entities working to concretely address hard-to-abate emissions through carbon removal action was Microsoft – by a mile.
Elmini Releases Q1 Report on Accelerating Engineered Removal Growth in the VCM
The first quarter of 2025 shows via engineered removal transactions that the voluntary carbon market is quickly nearing a tipping point as bigger deals continued to punctuate the growth narrative, a greater variety of removals were involved in transactions, and more suppliers and buyers broadened participation in the market.
Q&A: Demand secures US Beccs: Elimini's Fitzmaurice
Despite uncertainties in a shifting political landscape, high demand for renewable energy and carbon dioxide removals (CDR) in the US will ensure the viability of Elimini's future bioenergy with carbon capture and storage (BECCS) projects, Elimini's president, Laurie Fitzmaurice told Argus. Elimini expects to announce 1-2 BECCS development sites in the US within the next couple of years, and Fitzmaurice expands on the primary sources of revenue for the prospective facilities and the potential offtakers for the power.
Supporting Student Engineers in Texas with TAME
Elimini sponsored the 2025 TAME State Engineering Competition, which welcomed teams from across Texas to Rice University in Houston, while our colleagues volunteered to help facilitate the event as team mentors and judges.
COMMENT: Building on BECCS – The Blueprint for a Gigaton-Scale CDR Future
Elimini President Laurie Fitzmaurice gave the keynote speech at Carbon Unbound East Coast 2025. This is a summary of her remarks.
Carbon removals: the key to a more competitive EU
Laurie Fitzmaurice, President of leading carbon removals company Elimini, gives an expert view on how carbon removals can help EU competitiveness and why robust standards are essential to avoid greenwashing.
Drax Group’s New Sustainability Framework Will Help Elimini Develop Our Own Approach
Drax has launched a new sustainability framework that sets out how all of the Group – including Elimini – is taking action to help decarbonize society, to protect and enhance nature, and to support the people who work with and alongside us.
3 Key Insights From the 2024 Voluntary Carbon Market
Commercial SVP Laura Wente explores three key insights gleaned from the 2024 voluntary carbon market, including what CDR buyers are looking for in 2025.
How do we power an AI future?
Meeting the increased electricity demand from AI must not compromise global climate goals. The development of secure, low carbon electricity systems is all the more urgent.
Full steam ahead: Decarbonizing post-election America
Post-US presidential election, the question remains: Will developers slow down construction? For Elimini, the answer is a definitive no.
Executive Summary: Elimini Decarbonization Survey
Key takeaways from our new survey on renewable energy, carbon removals and the impact of climate change
The climate crisis and the need for carbon removals
On a mission: Laurie Fitzmaurice’s thoughts from New York Climate Week
More than half of Americans want the US to lead the way on carbon removal technology
First look at new data shows US appetite for climate action and government support
Will we have enough carbon removals?
93% of companies say they’ll miss their net zero goals without serious intervention.1
What makes a trustworthy carbon removal credit?
In response to the demand for high-integrity carbon removal credits, industry leaders are working quickly to develop rigorous standards that outline how high-quality credits should be made and governed.
Ways that organizations can support the emerging CDR market
Principles for aligning to net zero