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Letter from London: Shell blasts EU carbon storage targets
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit
Europe in race to unlock CDR investment
Policymakers acknowledge crucial role for direct air capture and other removal technologies in meeting climate goals
Northern Lights goes live
Merchant storage project off western Norway takes first CO₂ shipment, but government warns of significant cost challenges ahead for CCS
Letter on carbon: Chasing down the cost of DAC
Innovation is moving at pace in the direct air capture sector, but will costs fall quickly enough to make it a mainstay of the voluntary carbon market?
Chevron joins push for Asia CCUS hubs
US company reiterates commitment to CCUS as it agrees to work with major steelmakers to drive large-scale deployment in Asia
Germany eyes blue hydrogen as cabinet backs CCS
Draft law opens door to large-scale carbon capture and storage, and could unleash investment in gas-based hydrogen projects
China eyes global collaboration on CCUS
Sinopec hosts launch of global sharing platform as Beijing looks to draw on international investors and expertise
EU’s binding CCS targets: A burden or a blessing?
Oil and gas companies will face penalties if they fail to reach the EU’s binding CO₂ injection targets for 2030, but they could also risk building underused and unprofitable CCS infrastructure
EU proposes 90% 2050 climate target
European Commission introduces new flexibilities for member states to ease compliance with headline goal
Carbon capture tops agenda at GPAE Conference 2025
Gas Processors Association Europe brings together leading specialists at annual event in Netherlands to analyse the challenges and opportunities presented by technology at heart of Europe’s decarbonisation strategy
The IEA says action must start immediately
IEA Hydrogen EVs Solar Carbon capture Paris Agreement
Tom Young
18 May 2021
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IEA lays out pathway for net-zero emissions by 2050

Report lays out 400 milestones that must be reached across a variety of sectors

Governments must take further action immediately to bring global energy-related CO₂ emissions to net zero by 2050 and give the world an even chance of limiting the global temperature rise to 1.5°C this century, according to a report from the IEA. The roadmap sets out more than 400 milestones to guide all nations to reaching net-zero emissions by 2050. These include—with immediate effect—no investment in new fossil fuel capacity and no further FIDs for new unabated coal plants. By 2035, there should be no sales of new internal combustion engine passenger cars and, by 2040, the global electricity sector should reach net-zero emissions. “Our roadmap shows the priority actions that are nee

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Letter from London: Shell blasts EU carbon storage targets
3 September 2025
Binding CO₂ injection targets for oil and gas firms are ill-defined and very unrealistic, oil major tells London CCS summit
Europe in race to unlock CDR investment
2 September 2025
Policymakers acknowledge crucial role for direct air capture and other removal technologies in meeting climate goals

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