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The government has today announced that it has made nearly £50m of funding available to help industrial firms switch to alternative fuels that can help them cut carbon emissions and reduce their reliance on expensive fossil fuels.

Business Green

Government fires up £50m fuel switching plan for heavy industry

The future of carbon storage moved a step closer today with 26 bids coming in for the UK’s first-ever carbon storage licensing round. 

World Oil

UK carbon storage licensing round attracts 26 bids

President Joe Biden signed the long-awaited Inflation Reduction Act (IRA) into law. The legislation earmarks billions of dollars to fight inflation, lower healthcare costs, raise IRS funding and fund green energy technologies.

Forbes

Investing In The Clean Energy Credit Revolution

Oil and gas companies may commit to net zero goals in public - but internal emails tell a different story

Euronews

Seized emails reveal 'deceptive' climate tactics and greenwashing

A tropical rainforest spanning the entire Guatemalan Caribbean coastline is among the world’s richest pockets of biodiversity. Historically, it has also experienced some of the highest global deforestation rates, driven mainly by palm oil production and cattle ranching.

Mongabay

Can we build a carbon market that values nature and rewards local stewardship?

Wyoming is known as one of the most conservative states in the U.S. But it could be a climate change hero once it completes building the world's largest direct air carbon capture plant.

INHABITAT

Carbon capture plant in Wyoming will pull 5 million tons CO2

All investors, but especially impact investors, should be intrigued by new investment opportunities for addressing climate change. These opportunities feature nascent technologies with great potential for removing greenhouse gases from the atmosphere

Climate Investment Opportunities With Impact, Tailor Made For Impact Investors

The UK branch of Italian energy major Eni has submitted a carbon storage license application for the Hewett depleted gas field on the Southern North Sea to the North Sea Transition Authority (NSTA).

RigZone

Eni Looking To Turn Depleted Gas Field Off UK Into CSS Project

Document focuses on high-impact uses, cost reduction and regional H2 networks — and sets new long-term production goals



Recharge

US unveils draft national clean hydrogen strategy and roadmap — with three key priorities

For more than a century, fossil fuels have been central to economic development, helping build the modern world as we know it. But with climate change and global warming posing existential threats to society, industries across all sectors must find practical and economical ways to decarbonize their operations and their products. 

The vital role of CCUS in the net zero energy transition

Carbon Ridge, Inc., a developer of modular onboard carbon capture and storage solutions (OCCS) for decarbonizing the maritime industry, has raised $6 million in funding led by the Grantham Foundation for the Protection of the Environment, with additional investments from Crowley, a U.S.-based shipping and logistics company, and Berge Bulk, one of the world’s largest dry bulk owners, as well as Rusheen Capital Management and Plug and Play Ventures.

MarineLink

Crowley, Berge Bulk Back Onboard Carbon Capture Firm Carbon Ridge

Despite encouraging signs of progress across a number of sectors, stronger efforts are needed to bring the world on track to reach net-zero emissions by mid-century, according to the IEA’s latest appraisal of global progress on clean energy technologies.



ESI Africa

Stronger efforts needed for better clean energy progress

The UK is making progress on plans to store carbon dioxide emissions under the North Sea, with nearly 20 companies bidding for licences.

Energy Voice

26 bids received in UK's first carbon storage licence round

UK regulator the North Sea Transition Authority (NSTA) has announced that 26 bids were submitted in the UK's first carbon storage licensing round by a total of 19 companies

Offshore Engineer

26 Bids For UK's First CCS Round

Energy company Competitive Power Ventures (CPV) will build a 1,800-megawatt natural gas power plant that has carbon capture and storage (CCS) capabilities in West Virginia. The project – partially financed from the Inflation Reduction Act – costs $3 billion and the exact location in the state is not yet determined, according to a press release from Sept. 16. 

Carbon Herald

Competitive Power Ventures To Build $3 Billion Carbon Capture Plant in West Virginia

Eni UK, part of Italian utility Eni, said it has submitted an application for a carbon storage licence for a depleted gas field in Britain’s North Sea to capture and store carbon dioxide emissions from industry.

Eni seeks licence for carbon storage in British depleted gas field

Policymakers must ensure the supply of conventional energy sources alongside lower carbon ones as the energy transition marches on, according to Saudi Arabian Oil Co. (Aramco) CEO Amin Nasser.

Natural Gas Intelligence

‘Too Little, Too Late,’ Says Aramco CEO of Global Oil, Natural Gas Investment

Sidley Austin attorneys say that developers should proactively engage agencies in order to effectively leverage Inflation Reduction Act tax credits and federal funds for carbon capture and sequestration projects. The permitting and approval process is ripe for reform, they say.

Bloomberg Law

IRA-Driven Carbon Capture Needs Better Strategies

Without greater private investment, carbon capture projects – central to many national net zero strategies – are unlikely to take off.



Capital Monitor

Why carbon capture technology is no silver bullet

North-west England’s Stanlow oil refinery has stood near the banks of the river Mersey for almost 100 years. But, today, its managers want to ensure it has a low-carbon future over the next century.


Financial Times

India-owned UK refinery aims at carbon capture and storage future

New carbon capture and storage project in Texas is making headlines. Caddo Sustainable Timberlands, LP (CST) – the largest private timberland owner in Texas, announces on September 19th it has entered into its first agreement for the evaluation and potential development of a carbon capture and storage (CCS) project with emissions planned to be stored under its 27,000 acres in Texas.

Caddo Sustainable Timberlands To Develop Carbon Storage Projects

It is already clear that significant progress on mitigating climate change can be achieved through a move to zero-carbon energy, reducing deforestation and adjusting how we grow food and what we eat.

Could new technology solve climate change?

Researchers have identified a new reason to protect mangrove forests: they’ve been quietly keeping carbon out of Earth’s atmosphere for the past 5,000 years.

Lab Manager

Mexican Mangroves Have Been Capturing Carbon for 5,000 Years

Competitive Power Ventures Inc. announced plans Friday to build a multibillion-dollar natural gas power plant in West Virginia with carbon capture technology, saying the project would not be possible without the new climate and energy law.

E&E News

Climate law spurs CCS at new West Virginia gas plant

Sports brand On says it is the first company in the footwear industry to use captured carbon emissions as a raw material



Swiss sports brand creates shoe from captured carbon

ATLANTA and ABU DHABI, United Arab Emirates, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Chart Industries, Inc. GTLS, a leading diversified global manufacturer of highly engineered equipment for the industrial gas and clean energy industries and C.A.T. Group ("C.A.T."), a leader in the contracting industry serving a wide spectrum of sectors such as Energy, Utilities, Civil, Infrastructure and Buildings have signed a Memorandum of Understanding ("MOU") to bring carbon capture solutions to customers in the Middle East and Africa.

newswires

Chart Industries and C.A.T. Group Sign Memorandum of Understanding for Bringing Full Carbon Capture Solutions

Big oil companies are engaging in "greenwashing" by announcing environmental projects to investors while privately emphasizing their ability to keep producing fossil fuels, according to a report released by the House Committee on Oversight and Reform.

S&P Global

House oversight panel says Big Oil's climate plans amount to 'greenwashing'

One of the ‘biggest reforms of our energy system in a decade’ is now at risk of being delayed or scrapped by the new Government.

Current±

One of the ‘biggest reforms of our energy system in a decade’ at risk of being delayed or scrapped by BEIS

The U.S. Department of Energy, newly equipped with $250 billion to lend to projects that repurpose or convert existing energy infrastructure, is now figuring out how to advertise the program to the communities that need it the most.

DOE's Shah ready to promote new $250B energy reinvestment loan program

Public voting for the best European clean energy projects and leaders now open

Smart Energy International

European Sustainable Energy Awards honour changemakers taking bold action on energy and climate goals

Black, viscous and millions of years old, crude oil is never far from controversy. But given its component parts go into everything from lifesaving pacemakers to the toiletries we use every day, it's a valuable resource that - for now at least - we can't afford not to use.

The Independent

From waste to resource: Can recycling CO2 help Saudi Arabia go green?

By most measures, MIT chemical engineering spinoff Verdox has been enjoying an exceptional year. The carbon capture and removal startup, launched in 2019, announced $80 million in funding in February from a group of investors that included Bill Gates’ Breakthrough Energy Ventures.

MIT News

Cracking the carbon removal challenge

A new project could suck millions of tonnes of carbon from the air by the end of the decade.

Carbon capture plant to catch 5 million tonnes of CO2 per year by 2030

Wyoming's new plant could be a game changer in the race to slow global warming

South Africa and Morocco are among the largest African economies expecting a major buildout of renewables.

Power Technology

Africa’s Energy Transition

WYOMING — A new direct air capture (DAC) that aims to permanently remove and store five million tons of atmospheric CO2 annually by 2030, is coming to Wyoming.

BUCKRAIL

Direct air capture plant coming to Wyoming

Thanks to tax credits in the Inflation Reduction Act, the US has a golden opportunity to decarbonise steel, fertiliser and other hard-to-abate sectors.

Energy Monitor

The moment for US green steel and fertiliser

A new study by the Institute for Energy Economics and Financial Analysis (IEEFA) reviewed 13 carbon capture projects from around the world, accounting for around 55% of the total current operational capacity worldwide, and has found both the technology and regulatory framework wanting.

Carbon Capture Not Good Enough To Achieve Decarbonization

Shipbuilder Samsung Heavy Industry (SHI) and chemicals giant BASF have inked a deal to explore the feasibility of installing carbon capture and storage (CCS) technology onboard maritime vessels.

BASF and Samsung Heavy Industries to collaborate on green shipping technology

An Iowa landowner is countersuing a carbon pipeline developer after it sued him and other residents to gain access to their properties for surveying. 

Reuters

Iowa landowner and carbon pipeline developer battle over property access

Mitsubishi Heavy is making compact devices that suck carbon dioxide from the emissions of small polluters before they reach the atmosphere.

Bloomberg

There's a New Race to Develop Bite-Sized Carbon Capture Tech

A Los Angeles-based company kicked off on Thursday what it said will be the first large-scale direct air capture (DAC) project to capture and store 5 million tons of carbon dioxide per year by 2030, benefiting from new U.S. government incentives.

New law helps U.S. firm launch Wyoming direct air carbon capture project

Million tons of CO2 removal via direct air capture (DAC) tech will be a reality in the next few years. California-based DAC modules developer CarbonCapture Inc. announced on September 8th an exclusive partnership with a leading carbon storage developer Frontier Carbon Solutions to build a project called Project Bison that will capture and permanently remove 5 million tons of atmospheric CO2 annually by 2030.

CarbonCapture Inc Launches 5 Million Ton/Year Direct Air Capture Project

Since China announced its aim to peak carbon dioxide emissions before 2030 and to achieve carbon neutrality before 2060, it has strived to meet the target by taking various measures. Among all these measures, progress in science and technology is vital to providing strong impetus and long-term drive for the country.

BIG NEWS NETWORK.

Sci-tech progress helps China cut carbon emission

Airbus and a partnership of airlines and airline groups comprising more than a dozen worldwide carriers are working together on a new carbon capture project, with the aim to provide secure, verifiable carbon removal credits as part of aviation's need to offset part of its future emissions.

PR Newswire

Airbus gathers European airlines into direct air carbon capture fold

Liquefied natural gas companies are increasingly investing in carbon capture and storage to limit their emissions and bolster their climate credentials, despite the absence of a regulatory requirement for them to do so.



Why so many LNG terminals are adopting carbon capture

State-run Japan Oil, Gas and Metals National Corp (JOGMEC) will provide financial and technological support to Japan Inc's 'blue' hydrogen and ammonia projects using carbon dioxide capture and storage (CCS), a company executive said on Tuesday.

Japan's JOGMEC to support 'blue' hydrogen, ammonia projects

Carbon capture and storage schemes, a key plank of many governments’ net-zero plans, “is not a climate solution,” the author of a major new report on the technology has said.

National Observer 

Carbon capture is not the key to net-zero emissions plans, report says

. With references to SINTEF’s own research and the EU project ACCSESS, Simon explains the importance of multiple transport modalities when transporting CO2 to storage and their significant contribution to cost reduction and large-scale deployment of CCS.

Bellona

Different situations require different solutions, Multi-modal CO2 transport key on path to net-zero

 On the shores of an island off Norway's North Sea coast, engineers are building a burial ground for unwanted greenhouse gas

France24

Norway's future CO2 cemetery takes shape

Carbon | Carbon Capture & Storage

Replacing petroleum fuels with electricity is crucial for curbing climate change because it cuts carbon dioxide emissions from transportation – the largest source of U.S. global warming emissions and a growing source worldwide. Even including the impacts of generating electricity to run them, electric vehicles provide clear environmental benefits.



The Conversation

Surging sales of large gasoline pickups and SUVs are undermining carbon reductions from electric cars

The UK's emergency autumn budget, billed as a "Growth Plan," has set hugely ambitious goals to accelerate the deployment of new energy projects, with construction of major energy projects targeted to start by the end of 2023.

UK's emergency budget sets ambitious targets for energy project constructionThe UK's emergency autumn budget, billed as a "Growth Plan," has set hugely ambitious goals to accelerate the deployment of new energy projects, with construction of major energy projects targeted to start by the end of 2023.

As Science-Based Targets, net zero and rules from regulators to disclose Scope 3 increasingly loom on the horizon, we have seen businesses racing to release ambitious targets to reduce Scope 3 emissions.

We're in Scope 3 gridlock - here's how we can get out

Climate interventions known as geoengineering typically conjure up images of the skies, with sophisticated machines to deflect the sun’s rays or scour carbon emissions from the air.

Sustainability Times

‘Enhanced weathering’ to trap CO2 may harm peat soils

Signing the Inflation Reduction Act into US law marks a remarkable achievement, and not just for the Biden administration. It’s also a significant leap forward in the vital battle against global climate change. The wide-ranging bill establishes an overall budget of some US$739bn, but a whopping $369bn of that total will be used to address carbon emissions. Indeed, the bill is expected to cut national carbon emissions by around 40% by 2030, according to Democrat senators.



Nuclear Engineering

Carbon and a new nuclear lifeline

The Net Zero Technology Centre (NZTC) has highlighted the need to back the creation of demonstration centres around the UK to drastically reduce the costs associated with low-carbon technologies.

Demonstration centres could drastically reduce low-carbon technology costs, says the NZTC

New tool designed to help civil society and investors scrutinise the mismatch between national climate goals and energy policies

Global Registry of Fossil Fuels launched

In 2021, Shopify’s Sustainability Fund purchased 400 tons of stored carbon from Heirloom, a company in the process of testing and fine-tuning technology to speed up a natural process called carbon mineralization.

Fortune

These tech companies are accelerating permanent carbon removal to save the planet

Researchers at Imperial College London have developed a new materials design strategy that produces copper-based metal oxides that perform efficiently under high temperatures.

Mining.com

New process allows producing metal oxides key for green energy transition

The U.S.-based facility hopes to capture CO2, roughly the equivalent of 5 million return flights between London and New York annually.

Interesting Engineering

World’s largest carbon removal facility could suck up 5 million metric tonnes of CO2 yearly

The analysis from ICF Climate Center, a global consulting firm, concludes that the climate law will make clean energy projects easier to finance across the country, quickening the pace of America's energy transition.

The Washington Post

Clean energy just got a lot more cost-competitive, report says

The world needs clean power, but decarbonization calls for a massive increase in the mining and extraction of minerals like lithium, graphite and cobalt. Environmental peacemaking expert Olivia Lazard sheds light on the scramble for these precious mineral resources -- and how the countries that control their supply chains (including China and Russia) could find themselves at the center of the new global stage.

The Blind Spots of the Green Energy Transition

Paul Thacker examines how oil and gas companies have funded research to try to weaken messages on climate change and protect their interests

The BMJ

Stealing from the tobacco playbook, fossil fuel companies pour money into elite American universities

The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits.

Dutch students devise carbon-eating electric vehicle

The Danish capital Copenhagen has recently abandoned its pledge to achieve net-zero emissions by 2025. 

Copenhagen Abandons Pledge To Reach Net-Zero By 2025

The city of Copenhagen, often celebrated as one of the world’s greenest for its cycling culture and other initiatives, recently defaulted on its pledge to become carbon-neutral by 2025. 

Copenhagen’s failure to meet its 2025 target casts doubt on other major climate plans

Major net zero blueprint for global chemicals sector argues transformation into 'planet-positive force' is technically feasible and would deliver huge financial and jobs benefits


How the global chemicals industry can reinvent itself as a climate solution

The demand for solar district heating market exceeded USD 2.5 billion in 2021, and it is expected to increase at a CAGR of over 6.8% from 2022 to 2032. 

WordPress

Solar District Heating System Market Is Poised to Increase at A Strong CAGR

There’s been a surge of interest in green energy funds as President Joe Biden prepares to sign a bill allocating $369 billion for climate and energy funding.

CNBC

Investors flock to green energy funds as Congress passes climate bill.

Agreement to take carbon dioxide from Dutch fertiliser plant paves way for capacity expansion at Norway's pioneer project

Upstream Online

First cross-border deal for Northern Lights carbon capture and storage an "industry milestone"

Over-reliance on biomass-based carbon removal technologies to limit the impacts of climate change could increase climate and food security risks, according to an international research team.

Scientists warn against over-relying on carbon removal to achieve net-zero

The global concrete industry has a dirty little secret – it alone is responsible for more than 8% of global carbon dioxide emissions – more than three times the emissions associated with aviation. 

4 innovative ways to clean up this notoriously hard to decarbonize industry

Pioneering industrial decarbonisation schemes may face delays



Will energy crisis takes toll on decarbonisation drive?

In American carbon markets, carbon dioxide could be being undervalued by over 70%, making the cost effectiveness of climate action appear much lower than it actually is. Researchers have recommended adopting a higher value, based on updated data, for the country's future decision making. 

Natural History Museum

The cost of carbon dioxide may be four times higher than thought

The Office of Fossil Energy and Carbon Management has a new name, new leaders, and a new mandate to meet Joe Biden’s climate goals.

MIT Technology Review

The US agency in charge of developing fossil fuels has a new job - cleaning them up

The segment on HBO made the rounds on in the sustainability universe. What he got right, wrong and where there is a little more nuance.


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