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Tag: carbon capture and storage
BP to Cut Oil Production 40% by 2030, and Invest Billions Into Green Energy
bp today introduces a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering...
Clean Energy at the Heart of Stimulus Plans to Counter the Coronavirus Crisis?
The impact of the coronavirus around the world and the resulting turmoil in global markets are dominating global attention. As governments respond to these interlinked crises, they must not lose sight of...
Unprecedented Momentum for Green Hydrogen
Hydrogen from renewable energy could play a central role in the global energy transformation, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that...
Investing in Renewable Energy Better Than Pouring Money into Carbon Capture
“We’ll science our way out of global warming.” We hear that all the time from people who don’t quite believe climate change is real and that burning fossil fuels is the cause....
IEA: Global Carbon Emissions Hit Record High in 2018
Global energy-related carbon dioxide (CO2) emissions hit a new record last year, with an increase of 1.7% globally.That was a result of higher energy consumption, which grew by 2.3% – nearly twice...
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...
We Have 12 years to Limit Climate Change Catastrophe, Warns UN
The world’s leading climate scientists have warned there is only a dozen years for global warming to be kept to a maximum of 1.5C, beyond which even half a degree will significantly...
Norway Proposes Major Cuts to Carbon Capture and Storage Budget
On the same day at the UK government finally unveiled new funding support for the carbon capture usage and storage sector (CCUS), the Norwegian government proposed cutting its own support for the...
Scottish Government to Ban Fossil Fuel Cars by 2032 Under Green Policy Programme
The Scottish government has today unveiled its legislative plans for the next year, featuring a major low carbon economy focus on electric vehicles, renewable energy, recycling schemes and green investment.
Among 16 proposed...
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...
IEA: World Can Reach ‘Net Zero’ Emissions by 2060 to Meet Paris Climate Goals
Global emissions can be pushed down to "net zero" by 2060 to meet the climate goals of the Paris agreement, said the International Energy Agency (IEA).
For the first time, the 29-member intergovernmental...
Teesside Collective Unveils Proposal for Industrial CCS Network Designed to Undercut Offshore Wind Power
Ambitious plans to turn the Tees Valley into a globally significant carbon capture and storage (CCS) hub will today take a major step forward with the publication of new proposals on how...
Report: China Risks Wasting $500bn On Unneeded Coal Plants
China is at risk of wasting almost half a trillion dollars on new coal plants which could quickly become stranded assets as a result of the country's pursuit of a lower carbon...
Oslo Introduces First-of-its-Kind “Climate Budget” to Cut Emissions in Half by 2020
When Oslo’s city government launches its budget in 2017, the city will no longer simply count money, but it will also track carbon emissions. For a long time, Oslo has had ambitious...
CO2 Turned into Stone in Iceland in Climate Change Breakthrough
Carbon dioxide has been pumped underground and turned rapidly into stone, demonstrating a radical new way to tackle climate change.
The unique project promises a cheaper and more secure way of burying CO2...
