CCS
Critics say the EU’s new emissions reduction strategy focuses too heavily on unproven carbon capture technologies.
The government has been trying to clean up Vietnam’s power sector, but is facing considerable self-inflicted problems.
Over-reliance on CCS in decarbonisation plans might prolong the role of fossil fuels in economies, experts warned.
A new study finds that adopting CCS across many polluting sectors would cost $30 trillion more than a low-CCS scenario. Experts say the fossil fuel industry’s preferred solution would be “highly economically damaging.”
Documents leaked to the BBC showed that the UAE’s COP28 team had plans to discuss oil and gas deals with 15 countries.
With its Hail and Ghasha mega-project, Abu Dhabi National Oil Company says it will use carbon capture and storage to operate with net zero emissions.
The Indonesian energy sector is boosting its development of carbon capture storage and utilization at a time when it is also setting more ambitious net zero goals.
BP is to acquire Shell’s 27% stake in the offshore Browse gas project, reigniting divisions in Australia’s gas sector.
In its latest report, the IPCC said that greenhouse gas emissions need to halve by the end of the decade to avoid catastrophic warming. That means slashing the production and consumption of fossil fuels.
Cooperation on hydrogen stemming from the new France-UK energy deal would benefit transport infrastructure and promote trade, say experts.
Underperforming carbon capture projects considerably outnumber successful projects globally, finds a new report by the Institute for Energy Economics and Financial Analysis.
Lack of consultation about recent changes to Australia’s Emissions Reduction Fund and an uncertain policy environment could spook investors in CCS, a non profit has said.
Saudi Aramco says it hopes to achieve net zero SCOPE-1 and SCOPE-2 greenhouse gas emissions across its fully owned operations by 2050, but warns that achieving this in less than three decades will not be easy.