Articles
27 September 2023
Investment in African offsets and ambitions to create a trading hub demonstrate Mideast Gulf state’s commitment to growing markets
26 September 2023
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage
20 September 2023
Curbing emissions globally by using international carbon market mechanisms reduces the cost of mitigation, Andrea Bonzanni, international policy director at the IETA, tells Carbon Economist
19 September 2023
Mideast Gulf state keen to highlight progress made on expanding carbon sequestration capacity and diversifying e-fuels production ahead of COP28
15 September 2023
Training for regional customs authorities and detailed analysis of reporting accuracy will ensure effectiveness of final scheme
15 September 2023
Shell, Eni and independent operator Enquest dominate list of new licences as UK ramps up offshore storage push
13 September 2023
Online retailer prebooks credits to be generated by 1PointFive’s Stratos project in Ector County
6 September 2023
Project is one of MENA region’s largest and will triple Emirati firm’s CO₂ storage capacity
4 September 2023
Carbon Economist talks to Quorum’s Alexandra Gajewski about ESG strategies
29 August 2023
Buildout of infrastructure over next decade needed to keep pace with rapid growth of country’s CCS sector
23 August 2023
But CEO says prematurely discontinuing investments in fossil fuels threatens serious supply shortfalls and may be counterproductive to energy transition
23 August 2023
High cost of hydrogen and CCS will hamper uptake by the steel sector, Australian mining group says
22 August 2023
Netherlands’ flagship CCS project targets 2026 start up after legal challenge derails original construction timetable
16 August 2023
US oil company agrees to acquire Canadian developer in move to accelerate cost reductions and deployment of direct air capture technology
16 August 2023
German independent oil and gas firm secures licence to develop storage in Camelot area of North Sea in breakthrough for its growing carbon management business
15 August 2023
Second-round tender put on hold amid uncertainty over Danish state’s shareholding in future licences
11 August 2023
Climeworks and Occidental subsidiary 1PointFive among developers set for talks with US Department of Energy over first tranche of funding for large-scale projects
10 August 2023
But concerns over storage and the government’s long-term plans still need to be ad-dressed, say industry bodies
9 August 2023
Open access terminal in northwest England would receive CO₂ shipped in from multiple locations
8 August 2023
Long-term deal signed by Olympus Energy marks breakthrough for emerging market for responsibly sourced gas
3 August 2023
Scotland-based consulting and engineering firm to support oil major’s global energy transition projects under new three-year deal
2 August 2023
Low Carbon Fuel Standard credit prices bottoming out despite continued surge in renewable diesel supply
2 August 2023
Strategic agreement includes evaluation of first megaton direct air capture project outside US
26 July 2023
Abu Dhabi-based company drives forward gas decarbonisation strategy with deal to explore CCUS applications in Indonesia
25 July 2023
Canadian firm and its oil sands peers are targeting net zero by 2050 and are perfectly positioned to address the challenges of the low-carbon transition, says CEO Jon McKenzie
24 July 2023
As part of the UK’s Humber Zero initiative, CCS plants will be retrofitted to a combined-cycle natural gas power plant adjacent to the Humber oil refinery
21 July 2023
Acquisition of Texas-based independent gives oil major largest US CO₂ pipeline network and ten onshore storage sites
18 July 2023
Oil companies invest in Los Angeles-based Avnos to help commercialise novel technology by end of 2025
18 July 2023
Houston-based midstream oil company signals commitment to transition with purchase of CCS developer
13 July 2023
Saudi company signs MOU with Norwegian technology supplier Aker Carbon Capture to assess potential for deployment across range of industries
11 July 2023
Companies have near-term ambitions to bring online 37 storage sites by 2035, according to industry survey by Crown Estates
11 July 2023
Texas-based firm forms partnerships to develop 300mn t of new CO₂ storage capacity in southeastern Louisiana
4 July 2023
Two companies sign MoU to work together on reducing costs and accelerating rollout of projects
4 July 2023
Government set to include Dac and Beccs in national emissions trading scheme as part of package of reforms
3 July 2023
Non-profit group launches rulebook for companies claiming climate progress on the back of purchased offsets
28 June 2023
Prices in the newest US regional emissions trading scheme spike above more established California market on the back of more ambitious reduction target
27 June 2023
Climate Impact X is the latest operator to try to foster exchange-based trade in voluntary carbon credits
22 June 2023
Scaling CCUS will require collaboration between governments, public and private actors, and communities
21 June 2023
Agreement comes after the European Commission allows nuclear power to contribute to-wards target
21 June 2023
Recent deals highlight state oil company’s ambitions to be a technology leader in CCS and low-carbon hydrogen
19 June 2023
Project developers need clarity on long-term carbon pricing and streamlining of federal and provincial regulation, president and CEO of International CCS Knowledge Centre tells Carbon Economist
19 June 2023
Federal department PrairiesCan speaks to Carbon Economist about the energy sector in the region
19 June 2023
Carbon Economist spoke to the law firm about Canada’s legal and regulatory landscape
15 June 2023
Superindie talks to Carbon Economist about the energy landscape
13 June 2023
Storage infrastructure targets and coordinated project funding among proposals as European Commission warns on slow pace of development
9 June 2023
Paradigm shift by governments and other stakeholders needed to bring down costs and unlock investment in key carbon removal technology, says Boston Consulting Group
6 June 2023
Government expects to budget more than €10bn for subsidy programme in response to US IRA
2 June 2023
Oil major sees CCS for third parties as a ‘compelling’ business as latest contract takes total portfolio to 5mn t/yr
1 June 2023
The appointment of the UAE’s Sultan Ahmed al-Jaber as Cop president has drawn criticism from some quarters, but progress on the energy transition will require cooperation, not conflict
31 May 2023
CCUS is one of the key tools for decarbonising the energy system, but governments and industry must act now to accelerate its deployment at scale
30 May 2023
Spending on voluntary offsets by UK companies could equate to 8.5pc of 2022 gross profits by 2050, consultancy says
30 May 2023
Growing list of offtake deals shows large corporations are ready to invest in expensive engineered carbon dioxide removal to support their net-zero goals
24 May 2023
Cutting emissions of the potent greenhouse gas is beneficial not just for the climate but also for companies’ bottom lines and their social licences to operate
23 May 2023
Company plans £4bn investment in new plants in southern US, evaluates nine other sites and opens Houston Beccs headquarters
22 May 2023
Tackling both the energy security crisis and the climate crisis means clean energy push must be secure and affordable
19 May 2023
The American Carbon Registry launches methodology for tradeable offsets generated from plugging abandoned wells in the US
19 May 2023
First licence round sees 12 developers secure rights to appraise storage sites with potential to hold 10pc of UK’s annual emissions
16 May 2023
Joint project aims to develop production of sustainable fuels by combining direct air capture and green hydrogen
16 May 2023
Orsted places €200mn order with Aker Carbon Capture and seals large offtake deal with Microsoft as state aid opens way for CCS at bioenergy plants
10 May 2023
Many projects look attractive on paper but come with multiple risks for financiers and developers, say speakers at Washington forum
9 May 2023
The six Canadian producers of the Pathways Alliance look to employ technical innovation and energy efficiency to reach scope one and two targets, says group president Kendall Dilling
9 May 2023
Corporate buyers including UBS and Swiss Re commit to buy carbon dioxide removals in boost for emerging sector
5 May 2023
Industry poised to invest heavily on the back of attractive CCUS economics in gas processing and other sectors, US Department of Energy says in new report
4 May 2023
The US needs critical minerals for the energy transition, but its strategy for securing supplies should not mirror its approach to fossil fuels
3 May 2023
Australian oil and gas producer says MoUs with potential customers imply higher demand for storage at projects in East Timor
2 May 2023
Government may not broaden scope of world’s largest cap-and-trade scheme until 2024 or later
2 May 2023
Enhanced oil recovery could recycle carbon to sustain North Sea oil production while renewables are scaling up
27 April 2023
German oil and gas company actively screening potential offshore sites in both countries
25 April 2023
Partnership’s offering includes use of digital twin technology to model full chain of a CCS system, the companies tell Carbon Economist
25 April 2023
Canadian DAC firm has received backing from the aviation sector and is accelerating deployment of its technology through a partnership with Occidental subsidiary 1PointFive, CEO Daniel Friedmann tells Carbon Economist
21 April 2023
Project pipeline implies only a quarter of capacity needed by 2030, IEA says
20 April 2023
Ability to attract ESG capital will become key differentiator for energy companies as the transition advances
20 April 2023
Swiss company targets proposed hubs in Louisiana, California and Northern Great Plains under DoE funding programme
18 April 2023
The first stage of its Salcos decarbonisation programme is due to start operations by end-2025
18 April 2023
Growth of carbon removal and capture sectors creates need for functioning international market linking emitters and storage providers
14 April 2023
JP Morgan, Autodesk, Workday and H&M commit to purchasing combined $100mn of carbon removals via the Frontier initiative by 2030
12 April 2023
Company plans 2028 commissioning for project sited next to its coal power plant in the port of Rotterdam
12 April 2023
The project is a ‘leading contender’ for track two sequencing and could take FID by next year
12 April 2023
The project will capture CO₂ from the Lengfurt cement plant in Germany and process it for use in the manufacturing, chemicals and food industries
6 April 2023
The Japanese firm will also co-invest in new efuels facilities and supply captured carbon dioxide
6 April 2023
Government in talks with Germany-based cement maker over proposed project to make Edmonton plant carbon neutral
5 April 2023
Independent oil and gas firm targets European emitters after securing Norwegian storage exploration licence
4 April 2023
The oil major will deposit up to 2.2mn t/yr from the planned $1.8bn facility in Texas
4 April 2023
Policy incentives and rising carbon prices embolden developers as hub model gains traction, IEA says
31 March 2023
Two field tests of solid amine sorbent-based DAC systems are currently underway in an effort to increase efficiency and lower costs
31 March 2023
Conference participants voice concerns over public perception and difficulties integrating carbon instruments into broad investment portfolios
30 March 2023
Government consults on measures to tackle carbon leakage as it ramps up domestic decarbonisation efforts
29 March 2023
Support currently only available to projects in Alberta and Saskatchewan to be extended as part of C$520mn package of policy enhancements
29 March 2023
Associated British Ports and developers of Sizewell C seek permission to build heat-assisted DAC demonstrator
28 March 2023
Project to take emissions from waste-to-energy plant could pave way for creation of country’s first CCS rail corridor
27 March 2023
Australian mining company and major Chinese steelmaker agree to develop projects to demonstrate several technologies
27 March 2023
EU’s Cbam model likely to be replicated as national emission reduction schemes move at different speeds, global trading companies say
24 March 2023
Companies agree to develop applications of Svante’s novel technology for gas-fired power plants
23 March 2023
Companies urge government to prioritise rapid scale-up of technology and infrastructure in forthcoming national carbon management strategy
22 March 2023
Direct air capture could be significant provider of CO₂ feedstock, oil major says in climate-focused future energy scenario
21 March 2023
Major biomass power generator says £2bn project cannot proceed without clarity on UK government support for technology
21 March 2023
European oil major agrees to work with CNPC as Chinese state company seeks international partnerships to grow deployment of CCUS
20 March 2023
Commodities trader aims to generate carbon credits for use in voluntary and compliance markets via new investment vehicle
