CCS

CCS

Europe advances CCS but doubts over costs, viability remain

European countries continue to pursue carbon capture and storage (CCS) projects as part of wider climate change efforts, despite ongoing concerns about costs and viability.

CCS

CCS costs in UK could reach £408bn by 2050: report

Consumers ending up shouldering most of the costs of installing and operating CCS in the UK, a new report has found.

CCS

High hopes for CCS in Denmark, but countdown to 2030 has begun

Denmark has launched ambitious plans to scale up CCS projects in order to meet the country’s climate targets but will need to resolve a number of challenges on the way including access to sufficient storage capacity.

carbon capture

CO2 impurity a major risk for carbon capture projects: ICM Forum

Impurities in CO2 can corrode pipelines and storage facilities and potentially lead to huge liabilities for carbon capture projects.

carbon capture

Storage, regulation are main hurdles to carbon capture in Europe: ICM Forum

Storage bottlenecks and a fragmented regulatory framework are the main obstacles to carbon capture and storage development in Europe, a conference heard.

global LNG

EU gamble on carbon capture could cost €140bn in subsidies — new report

The EU’s bet on carbon capture and storage could require ‘eye-wateringly high subsidies,’ and the technology also has a dismal track record, a new report finds. Heavy reliance on CCS could result in the EU badly missing climate targets.

CCS

Criticism of carbon capture mounts as the ICM Forum approaches

The 4th Industrial Carbon Management Forum (ICM Forum) will take place in the south of France this month, at a time when questions are being asked about the costs and effectiveness of carbon capture projects.

CCS

Contention grows over UK CCS as climate scientists call to pause £1bn scheme

Carbon capture and storage (CCS) has hit a roadblock in the UK after a group of climate scientists and organisations sent an open letter to the government.

CCS

Canadian government to spend billions on CCS, with dubious climate benefit

Canada’s oil sands producers want the government to spend billions of dollars on carbon capture and storage (CCS). But even as costs balloon for the public, many projects have stalled.

Santos

Australia’s Santos met with CCS greenwashing allegations

Santos continues to pursue a carbon capture and storage strategy for its gas projects.

Emissions reduction

EU emissions reduction targets criticised for CCS reliance

Critics say the EU’s new emissions reduction strategy focuses too heavily on unproven carbon capture technologies.

Vietnam power

Vietnam power sector fails to rein in fossil fuel usage

The government has been trying to clean up Vietnam’s power sector, but is facing considerable self-inflicted problems.

CCS

Europe’s ambitious CCS plans attract criticism

Over-reliance on CCS in decarbonisation plans might prolong the role of fossil fuels in economies, experts warned.

CCS

Widespread CCS use would cost trillions of dollars: study

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.”

COP28

UAE oil deal plans cast shadow over COP28

Documents leaked to the BBC showed that the UAE’s COP28 team had plans to discuss oil and gas deals with 15 countries.