Articles
30 January 2023
Core carbon principles could boost voluntary market
Integrity Council for the Voluntary Carbon Market to launch finalised Core Carbon Principles for credit programmes and projects, the body’s chair tells Carbon Economist
30 January 2023
CCUS expansion gaining momentum – IDTechex
Capacity will reach 1.8gt/yr of CO₂ by 2043, according to modelling by research agency
27 January 2023
Abu Dhabi steps on the emissions-reduction accelerator
State-owned energy companies are intensifying efforts to decarbonise the emirate’s crude oil production and carve out a leading role in the nascent global hydrogen trade
26 January 2023
Japanese heavyweights get behind CCS
Nippon Steel and Mitsubishi among a slew of major Japanese companies launching CCS initiatives as government sets out long-term roadmap
25 January 2023
Shell delivers first cargo under Giignl green LNG rules
Cargo shipped from Gorgon project to Taiwan is first to verify GHG-neutral status using guidelines set by International Group of Liquefied Natural Gas Importers
24 January 2023
Norway claims first smelter CCS pilot
Technology supplied by Aker Carbon Capture connected to ferroalloys production plant operated by Elkem in Rana, Norway
24 January 2023
Paris goals demand rapid CDR scale-up
Deployment of new carbon dioxide removal technologies such as Beccs and Daccs must accelerate over the next decade, says University of Oxford report
20 January 2023
Voluntary market set to embrace removals
Carbon-removal technologies to gain market share as companies fret over quality of credits generated by avoidance projects, according to Shell and BCG
20 January 2023
UK must provide more clarity on CCUS
Potential projects need more precise information on timing and finance if they are to progress, say MPs and industry experts
19 January 2023
Germany’s change of heart on CCS
Technology shunned by country’s politicians for more than a decade looks set for a key role in government’s new decarbonisation strategy
18 January 2023
Equinor backs Beccs in joint Nordic initiative
Norwegian energy firm launches Njord Carbon project to scale up carbon-removal technology together with Sodra and Verdane
18 January 2023
China’s emissions trading scheme lacks bite
Overly generous allowance allocations and low prices blunt impact of world’s largest cap-and-trade scheme in its first 18 months
17 January 2023
Europe urged to fight US for low-carbon investment
Continent should match US policies such as the Inflation Reduction Act to attract capital for net-zero push, says former vice-president Al Gore
17 January 2023
Alaska looks to tap carbon markets
US state’s governor proposes legislation to support expansion of CCS and generation of tradeable offsets
16 January 2023
Trafigura backs DACS with credit purchase pledge
Commodities trader signs up to carbon removal commitment set by First Movers Coalition
13 January 2023
EU approves €1.1bn Danish CCS support scheme
State government offers 20-year CfD to support deployment of carbon capture as key decarbonisation tool
13 January 2023
Australia softens stance on international offsets
Government to consult on potential law change allowing big emitters to use offsets generated abroad to meet domestic limits
12 January 2023
Brazil’s carbon markets to grow under Lula
Incoming president faces a series of decisions on legacy legislation that could provide impetus for domestic ETS and offset markets
10 January 2023
Carbon at the centre of the energy transition
Our newly rebranded service responds to feedback from customers on what they care about most
9 January 2023
CCUS sector set for flurry of M&A
More deals expected this year as developers seek capital and large firms look to build up portfolios, says Wood Mackenzie
6 January 2023
Errai CCS hits milestone
Developers of Norway’s first commercial carbon capture and storage project secure site for intermediate terminal in one of country’s largest industrial zones
6 January 2023
Adnoc earmarks $15bn for decarbonisation
Abu Dhabi’s state oil company to develop array of projects including CCS, carbon removal and electrification in major investment programme to 2030
5 January 2023
Canadian oilsands producers advance CCS plans
Deal with Alberta government allows companies to ramp up testing at proposed site of large-scale geological storage hub
4 January 2023
Baker Hughes to supply compressors to Kasawari CCS
Equipment will enable transportation and reinjection of CO₂ at world’s largest offshore carbon capture and storage project in Malaysia
3 January 2023
Aker lines up order for modular CCS system
Norwegian company signs letter of intent with European customer to supply standardised technology
3 January 2023
CCS to gain momentum in 2023 – ING
US takes lead in emerging sector as enhanced policy support drives growth
28 December 2022
Outlook 2023: War in Ukraine is also an energy war
Europe’s enforced pivot away from Russian gas has implications for the entire global energy system
28 December 2022
Outlook 2023: Thermal energy storage’s role in Europe’s energy crisis
Ending dependence on gas and electrifying processes with efficient thermal energy storage is the only cost-effective solution for industry to decarbonise
28 December 2022
Outlook 2023: Meeting the silicon solar challenge
Perovskites and microgrooves could help tackle solar PV manufacturing problems
28 December 2022
Outlook 2023: Growing focus on a fair and inclusive energy transition
Integrating the principles of a just transition will increasingly be at the core of energy transition strategies
27 December 2022
Outlook 2023: Unlocking a planet-positive transition for the chemicals industry
Getting to net-zero emissions will require combined efforts on both the demand and supply side
26 December 2022
Outlook 2023: Making net-zero aviation possible
Sustainable fuels will be a key solution to reaching a 1.5°C aligned path for aviation
26 December 2022
Outlook 2023: SMRs: The answer to the world’s energy trilemma?
With the right policies, security of supply should not be an opposing force to decarbonisation
23 December 2022
Outlook 2023: New energy security focus drives low-carbon investment
Energy commodity price volatility following Russia’s invasion of Ukraine has accelerated government support for renewables and hydrogen
23 December 2022
Gorgon injected a third of carbon dioxide last year
Chevron-operated project injected just 1.65mn t of the 5mn t it produced
22 December 2022
8 Rivers charts low-carbon path
Firm sees DAC as an increasingly important technology in the transition
21 December 2022
RWE to work with Viking CCS network
Development partnership will see two firms work together to capture CO₂ from two CCGTs in the Humber region
20 December 2022
Eni and Snam to develop Ravenna CCS project
First phase involves capture of carbon dioxide emitted from Eni's natural gas treatment plant in Casalborsetti
20 December 2022
Outlook 2023: Playing catch up: How Cop27 politics are trailing economic realities
The talks saw energy transition and development pathways being hotly debated, but these changes are already underway
19 December 2022
Netherlands backs Porthos carbon storage facility
Dutch government is set to underwrite contracts for CCS project while it pushes ahead with parallel Aramis development
19 December 2022
EU reaches agreement on ETS revision
New scheme for transport and buildings paired with tighter cap in existing system
16 December 2022
Coal use increases, but investment lags
High levels of demand are not translating into greenfield investments due to climate policies
15 December 2022
Shell to test new CCS technology
Tests will be carried on industrial flue-gas sources from Equinor’s refinery at Mongstad
15 December 2022
US backs DAC with $3.5bn hub fund
Department of Energy launches programme to support development of four regional demonstration hubs for direct air capture at commercial scale
14 December 2022
RepowerEU financing agreed
Innovation Fund will supply €12bn, with €8bn coming from early auctions of ETS allowances
14 December 2022
Ineos signs solar PPA to cut emissions at US plants
Firm to take entire output of new 310MW project in Texas
13 December 2022
Outlook 2023: The full stack of energy flexibility markets
As flexibility markets open up and evolve, they create new opportunities for businesses to realise value from their energy assets
13 December 2022
EU agrees carbon border tariffs
Carbon border adjustment mechanism will begin test period in 2023 and phase in slowly over course of the decade
13 December 2022
Stronger price signal could boost Aussie CCS
Australia recently cut some funding for CCS, but reforms to the country’s Safeguard Mechanism may boost the industry
9 December 2022
ExxonMobil ups low-carbon investment by 14pc
US oil major’s scope three emissions push to focus on large-scale CCS, hydrogen and biofuels
9 December 2022
OGCI members cut emissions
Big oil and gas firms are making progress on carbon intensity and methane emissions
9 December 2022
Woodside to work with Baker Hughes on low-carbon solutions
Firms will collaborate on hydrogen, CCS and offshore technology projects across various regions
8 December 2022
Keadby 3 reaches planning milestone
The power-with-CCS project is the first of its kind to receiving planning permission in the UK
7 December 2022
OECD nations lead on CCUS regulation
Storage site inspections and measurement, monitoring and verification are vital for oversight of sector, says IEA
6 December 2022
India needs CCS ramp-up to reach net zero
Thinktank Niti Aayog says nation needs to capture and store 750mn t/yr of CO₂ to hit 2070 target
2 December 2022
Rio Tinto to offset over 5pc of 2030 emissions goal
The mining company will develop 1mn t of in-house emissions offsets through projects on its existing land
1 December 2022
Sulzer and Blue Planet in new push for carbon-negative concrete
Companies seek commercialisation of mineralisation technology to store carbon in limestone aggregate
30 November 2022
EU reaches deal to include shipping in ETS
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
30 November 2022
Essar Oil to build CCS at Stanlow
Carbon dioxide will be permanently sequestered into depleted gas fields under the sea in Liverpool Bay as part of the Hynet cluster
30 November 2022
ExxonMobil and MHI to cooperate on CCS
Two companies to develop large-scale infrastructure based on MHI’s liquid amine CCS technology
29 November 2022
Strong support for CCUS in hydrocarbon processing sector – survey
Carbon capture, utilisation and storage set to be mainstay of industry, according to majority of respondents to survey conducted by Gulf Energy Information
29 November 2022
EU must clarify CO₂ removal rules
Carbon removals proposal must prioritise emissions cuts and differentiate between short-term and long-term storage, according to NGOs
29 November 2022
Direct air capture must cut costs to succeed
Project developers believe dramatic reductions are possible, but only with global policy support
29 November 2022
Norway and Switzerland cooperate on CCS
Two governments in bilateral talks on potential cross-border projects on carbon capture and storage and CO₂ removal
28 November 2022
Countries must stop coal approvals to reach net zero – IEA
Transition is complicated in countries with high coal dependency because of remaining lifetimes of plants and expense of gas
24 November 2022
UK urged to deliver on CCS infrastructure
The government must make good on plans to support CO₂ pipeline transport and offshore geological storage infrastructure development for its track-one CCS clusters, thinktank says
24 November 2022
Eni wins support for second UK CCS project
Gas distributor Cadent and energy firm SSE Thermal among backers of project to store CO₂ in depleted North Sea gas field off eastern England
24 November 2022
SAF ‘most viable solution’ for aviation in short term – Shell
The oil major aims to scale up SAF production to help the aviation industry decarbonise
24 November 2022
Outlook 2023: The geothermal prize in tackling the energy trilemma
Geothermal has seen limited development to date. But technological improvements and the prospect of critical mineral recovery could tip the balance of project costs
22 November 2022
Petronas and Vopak cooperate on CCS
Malaysian oil and gas company and Dutch storage firm to focus on potential projects in Singapore
21 November 2022
Cop27 yields new deal on loss and damage
Progress made on loss and damage and on carbon markets, but not on emissions reductions
18 November 2022
EU agrees to loss-and-damage fund
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
17 November 2022
Outlook 2023: Three major trends to drive Europe’s PPA market
Looking forward to next year, Pexapark explores three trends that will define the continent’s PPA sphere after a year of turmoil
16 November 2022
Renewables sectors form alliance to drive deployment
Associations representing sectors including green hydrogen, wind and geothermal launch unprecedented joint initiative at Cop27 in Egypt
15 November 2022
Lithium shortage to slow Europe's battery growth
Volatile power prices have boosted revenues, but new entrants faced with higher capex thanks to spiking lithium prices
14 November 2022
China ETS requires power market reform
Policymakers’ ongoing preference for regulated power tariffs over market-based pricing is one of key problems China needs to address
11 November 2022
US to issue further methane regulation
EPA says new rules will reduce an estimated 36mn t of methane emissions between 2023-35
10 November 2022
Indonesia to develop 1bn t Sumatra CCS facility
Conversion of depleted Arun gas field could be first commercial CCS project in Asia to offer open-access storage
10 November 2022
EU CBAM will have ‘coercive effect’
Scheme will punish other trading blocs that do not have a carbon price of a similar level, industry seminar hears
10 November 2022
8 Rivers and JX Nippon to work on CCS technology
Firms intend to develop a gas calibration programme, aiming to burn previously unusable natural gas
7 November 2022
Cepsa to offset Spanish winter heating oil use
Spanish oil and gas company says reforestation and preservation offsets will be certified by external company
7 November 2022
Data software can help evaluate emissions
Rockwell Automation offers a predictive emissions monitoring service that can help give firms a real-time overview of their emissions
4 November 2022
EU doubles Innovation Fund to €3bn
Special focus on expanding renewables to make the bloc ‘immune to Russian energy blackmail’
4 November 2022
EU energy sector CO₂ emissions start to fall
Decline follows more than 12 months of rising year-on-year figures due to low nuclear output and increasing demand
3 November 2022
Riyadh hedges bets on decarbonisation
The Kingdom is investing in projects to lower the lifecycle emissions of its oil and gas and become a major force in green hydrogen production
2 November 2022
Global headwinds for Cop27 climate talks
High inflation and interest rates will hamper project development, but progress is still being made in key areas, says Energy Transitions Commission
1 November 2022
EU to launch €3bn CCS funding round
Money will come from the Innovation Fund, which has already provided €1.5bn in support to 11 carbon-capture projects
1 November 2022
CCUS must grow 120-fold by 2050 to meet net zero
Current rate of deployment too slow to meet even 2°C warming target, consultancy McKinsey says
31 October 2022
Linde and SLB partner on CCUS
The firms plan to focus on CCUS for natural gas processing, as well as hydrogen and ammonia production
28 October 2022
CO₂ pipelines face US woes
Developers are struggling with public perception and local engagement
28 October 2022
Blackstone digs deeper on transition
Private equity division Blackstone Energy Partners is looking to finance critical energy infrastructure assets
27 October 2022
Renewables count the cost of rate hikes
Levelised cost of electricity rises on higher cost of capital but renewables remain highly competitive against fossil fuels
27 October 2022
Energy sector carbon emissions to peak in 2025 – IEA
New policies in the EU, the US and China will cause emissions to peak this decade, the first time this has been forecast in an IEA Steps scenario
26 October 2022
Global GHG cuts still well short of 2°C goal – UNFCCC
Synthesis reports shows that, even after the latest round of NDC updates, signatories to the Paris Agreement are not cutting emissions fast enough
25 October 2022
Industry frets over EU power revenue caps
Patchwork approach could damage wholesale markets and discourage investment in renewables, industry groups say
24 October 2022
No new oil and gas to meet 1.5°C
Report from IISD says new hydrocarbon investments are not compatible with 1.5°C carbon budgets
24 October 2022
Trafigura joins US cobalt processing project
Commodities trader agrees with Evelution Energy to develop plant in Arizona to supply battery-grade cobalt to electric vehicle manufacturers
19 October 2022
US opens first California offshore wind auction
First lease sale on the west coast to be held in December
19 October 2022
Germany stands firm on nuclear phase-out
Government plans to end nuclear generation in near term despite move to keep plants operational through this winter in response to energy crisis
18 October 2022
BP announces $4.1bn Archaea acquisition
The oil major aims to expand its presence in the US biogas industry
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