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Letter on carbon: Beyond the current trajectory
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
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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
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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
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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
US Carbon capture
Anna Kachkova
26 September 2024
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CarbonCapture pauses Bison DAC project

Developer cites growing competition for clean power as it puts project in Wyoming on hold

Los Angeles-based developer CarbonCapture has paused its flagship Bison direct air capture (DAC) project in Wyoming because of growing competition for renewable power. The company will instead turn its attention to deploying its DAC technology via a first-of-its-kind project in a different state, CarbonCapture’s CEO, Adrian Corless, said. CarbonCapture attributed its decision to pause Bison to intensifying competition for clean power, which had “acutely” affected the 5mt/yr project, Corless said. Among its leading competitors for clean power are data centres and cryptocurrency mining. The rapid growth of these energy-intensive industries had hampered efforts to build out transmission resourc

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As the EU remains deadlocked over its 2040 emissions goal, the IEA has tempered its climate rhetoric, forecasting that oil and gas will continue growing over the coming decades
Letter on carbon: Beyond the current trajectory
30 September 2025
Policymakers must match their rhetoric with bolder action if they really want CCUS to scale up to meaningful levels
Kuwait Oil Company: Driving national progress through social responsibility
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CCUS at the crossroads: Five takeaways from Gastech
12 September 2025
Government support, cost reductions and public trust among the prerequisites for the successful scale-up of CCUS, industry executives tell the Gastech 2025 event in Milan

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