Tag: carbon capture

The First Carbon Capture and Storage Project in Italy

The first carbon capture and storage (CCS) project in Italy is known as the Ravenna CCS Project, launched exclusively for environmental purposes. Its goal is to reduce carbon dioxide emissions, contributing to...

How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero

Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean...

World Energy Outlook 2019 Highlights Deep Disparities in the Global Energy System

Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions being produced and the...

IEA Launches New Tool for Tracking Oil and Gas-Related Methane Emissions Worldwide

The International Energy Agency has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers the most...

Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’

A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations.That’s according to new analysis by Global Witness,...

Scientists Can Now Turn Atmospheric CO2 Back into Coal

Through burning vast amounts of fossil fuels over the decades, we’ve pumped so much CO2 into the atmosphere that even if we had stopped burning any more at all, the planet’s climate...

Drax Becomes ‘World’s First’ Bioenergy Plant to Capture Carbon from Wood-Burning

The giant Drax power station, near Selby in North Yorkshire, has become the first in Europe to capture carbon dioxide (CO2) from wood-burning.Drax burns seven million tonnes of wood chips each year...

Forests Storing Greenhouse Gases ‘Crucial to Tackling Climate Change’

UK scientists say replacing forests with crops for bioenergy power stations that capture carbon could instead increase the amount of emissions. Carbon capture technologies will help curb the world’s efforts to tackle climate...

Cheap Carbon Capture Technology Might Make Our Climate Goals Possible

So, let’s just say it: we are not on track to meet the ambitious goals of the Paris Accord, the ambitious international agreement intended to limit global warming.If we are to reach...

Report: There is Enough UK CO2 Storage Capacity for Decades to Come

There is ample capacity for storing captured carbon dioxide emissions, according to a new report that argues low cost storage sites could support a series of carbon capture hubs along the east...

Oil Giants Need to Invest Heavily in Renewables by 2035, Says Analysis

More than a fifth of investment by the largest oil and gas companies could be in wind and solar power in just over a decade, according to analysis of how global changes...

Coal Demand Growth to Stall as Appetite Wanes, According to IEA

BEIJING — Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal...

First US Petcoke-To-Methanol Plant With Carbon Capture Tech Gets DOE Loan Guarantees

On the shortest day of 2016, the US Department of Energy announced that it has made the “first ever offer for a conditional commitment” of loan guarantees under its Advanced Fossil Energy...

OGCI Announces $1 Billion Investment to Accelerate Development and Deployment of Innovative Low Emissions Technologies

The Oil and Gas Climate Initiative (OGCI) announced an investment of $1 billion over the next ten years, to develop and accelerate the commercial deployment of innovative low emissions technologies. OGCI Climate Investments...

Addressing Climate Change with Low-Carbon Energy Centers

Last autumn, as part of MIT’s Plan for Action on Climate Change, the Institute announced plans to create Low-Carbon Energy Centers to advance key technologies that will address climate change. Since then,...

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