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The IEA in 2024: Reviewing the Year
Net Zero
05-07-2024
World's First(1) Supply Chain Established for More Sustainable Polyester Fiber Based on CO2-Derived Material as Well as Renewable and Bio-Based Materials
TOKYO, July 4, 2024 - (JCN Newswire) - A consortium of seven companies across five countries has jointly established a supply chain for more sustainable polyester fiber. Instead of fossil materials, renewable and bio-based materials as well as materials p
Carbon Capture
03-07-2024
European Commission Approves Swedish Carbon Capture Aid Plan
A flexible tube for CO2 is connected to a truck before the first official run of the mini plant "Schwarze Pumpe" in Spremberg, September 9, 2008. Vattenfall's CO2-free power plant is a pilot project for carbon capture and storage (CCS) -
COP29
03-07-2024
Azerbaijan to Upgrade Climate Target Before COP29 Summit
A general view shows an embankment of the Caspian Sea in Baku, Azerbaijan June 14, 2021. Picture taken through the window. REUTERS/Valentyn Ogirenko/File Photo Purchase Licensing RightsAzerbaijan, host of this year's United Nations COP29 climate s
Carbon Capture
29-06-2024
Shell to Invest in Carbon Capture and Storage Projects in Canada
Shell has committed to invest in the Polaris carbon capture and Atlas carbon storage hub in Alberta, Canada.The Polaris carbon capture project will be located at the Shell Energy and Chemicals Park in Scotford, about 40km northeast of Alberta’s
Ammonia
27-06-2024
Blue Hydrogen and Gas-CCS Projects Push up Emissions in UK
Blue hydrogen and LNG import-reliant gas-CCUS projects could derail the UK’s net zero target and exhaust the carbon budget, Carbon Tracker analysts have reported.In a new study from Carbon Tracker, LNG gas emissions are estimated to consume from
Carbon Storage
27-06-2024
Shell to Build Carbon Capture and Storage Projects in Canada
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Purchase Licensing RightsShell's (SHEL.L), opens
Net Zero
26-06-2024
EU Backs 650-Billion-Euro Plan to Help Cities Reach Net Zero by 2030
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing RightsA group of 112 cities aiming to eliminate their net greenhouse gas emissions by 2030 will n
Carbon Emissions
26-06-2024
Miner BHP Group's Carbon Emissions to Rise Slightly This Year
A small toy figure and mineral imitation are seen in front of the BHP logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/File Photo Purchase Licensing RightsBHP Group's (BHP.AX), opens new tab operational carbon emissions are se
Hydrogen Production
25-06-2024
Dutch Duo Exploring Options for LNG, Hydrogen, and CCS at Eemsenergy Terminal
Dutch tank storage company Vopak and compatriot energy network operator Gasunie have launched market consultation to look at LNG, hydrogen, and carbon capture and storage (CCS) possibilities at the EemsEnergy Terminal at the port of Eemshaven.EemsEnergy T
Carbon Emissions
23-06-2024
DNV Gives Greenlight to Methodology for Carbon Removals Delivered by BECCS
DNV, the independent energy expert and assurance provider, has validated a new methodology for the certification of net carbon dioxide removals delivered using bioenergy with carbon capture and storage (BECCS).DNV’s endorsement of the methodolog
Ammonia
22-06-2024
ADNOC Claims World's First Delivery of Bulk CCS-Enabled Ammonia
Abu Dhabi National Oil Co. said it has completed the globe’s first certified bulk commercial shipment of ammonia utilizing carbon capture and storage (CCS).The Emirati state-owned energy giant delivered the cargo, which received its low-carbon c
CCS
22-06-2024
Equinor Secures First CCS Exploration Permit in Denmark
Equinor will seek the approval of the authorities for the project. Credit: Arne Reidar.Norwegian energy company Equinor has been awarded its first carbon capture and storage (CCS) exploration permit in Denmark, partnering with local energy companies &
Carbon Emissions
20-06-2024
Fossil Fuel Use, Emissions Hit Records in 2023, Report Says
Drilling rigs operate at sunset in Midland, Texas, U.S., February 13, 2019. Picture taken February 13, 2019. REUTERS/Nick Oxford/File Photo Purchase Licensing RightsGlobal fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fo
Carbon Capture
13-06-2024
Canada Signs Second Deal to Guarantee Price of Captured Carbon
The Canada Growth Fund, a federal clean-tech financing agency, on Tuesday signed its second deal to backstop carbon prices with a proposed Alberta facility that would convert landfill waste to electricity and sequester the resulting carbon emissions.CONTE
Biofuel
12-06-2024
AGRA Industries, Carbon Clean Partner to Accelerate the Adoption of Carbon Capture in the Biofuels Industry
Carbon Clean, a leader in revolutionizing carbon capture solutions, has signed a memorandum of understanding (MOU) with AGRA Industries, an established leader in the design, fabrication, and complete construction of turnkey facilities. Under the strategic
Carbon Emissions
07-06-2024
Indonesia, South Korea Sign Incentives Agreement on Carbon Emission
Indonesia and South Korea have signed a memorandum of understanding to incentivise a reduction of carbon emissions produced by companies from both countries, a senior Indonesian minister said on Thursday.Through the deal, companies are urged to collaborat
Renewable Diesel
06-06-2024
Neste My Renewable Diesel Helps Valtra Save Over 15,000 Tons of GHG Emissions
Finnish Valtra, a globally operating tractor manufacturer belonging to AGCO Corp., has reached a significant milestone by having used altogether 5 million liters of Neste MY Renewable Diesel as a factory-fill fuel as well as in testing and in its factory
Net Zero
06-06-2024
Azerbaijan Hoping to Cut Emissions With $2 Bln Green Energy Investment
An aerial view of the Caspian Sea near the city of Baku is pictured through the an airplane window, in Baku Azerbaijan May 27, 2019. REUTERS/Amr Abdallah Dalsh Purchase Licensing RightsAzerbaijan is hoping to raise the share of renewables across its energ
Carbon Emissions
05-06-2024
China's New Fuxi AI Weather Model Eyes Maritime Transportation, New Energy Sector
Chinese scientists have upgraded an AI-powered large model, forming part of the FuXi series, for climate and weather forecasting, featuring improved accuracy. They are exploring the model's application in maritime and aviation transportation, and
Biofuel
04-06-2024
Babcock & Wilcox Signs Agreement to Proceed With Work for BECCS Project in Michigan
Babcock & Wilcox announced today that it has been granted a limited notice to proceed (LNTP) by NorthStar Clean Energy to begin work on a bioenergy with carbon capture and torage (BECCS) conversion of a former coal-fired power plant in Filer City, Mic
Net Zero
31-05-2024
South Korea Plans 70% Carbon-Free Power Generation by 2038, Draft Shows
Children play in water as Wolseong Nuclear Power Plant is seen in the background in Gyeongju, South Korea, August 21, 2022. REUTERS/Kim Hong-Ji/File Photo Purchase Licensing RightsSouth Korea plans to generate 70% of its electric power from carbon-free en
Carbon Storage
31-05-2024
Queensland Outlaws Carbon Storage in Australia's Biggest Aquifer
Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such projects could poison their water supply.The deci
Carbon Capture
30-05-2024
German Cabinet Approves Plans to Allow Carbon Transport and Storage
Germany's cabinet approved on Wednesday a draft bill to allow carbon dioxide capture and storage for some industrial sectors as Europe's biggest economy aims to become carbon neutral by 2045 while keeping heavy industries, government sourc
Biofuel
29-05-2024
DOE Funds 7 Carbon Removal and Storage Projects Focused on Biomass
The U.S. Department of Energy on May 28 awarded funding to seven biomass with carbon removal and storage projects that will use plants and algae to remove carbon dioxide from the atmosphere for permanent storage underground or in long-lived products.The s
Net Zero
28-05-2024
Germany's Scholz, France's Macron Urge Reform on "Mortal" Europe
German Chancellor Olaf Scholz shakes hand with French President Emmanuel Macron as they attend a state dinner at Bellevue castle in Berlin, Germany May 26, 2024. REUTERS/Liesa Johannssen Purchase Licensing RightsGerman Chancellor Olaf Scholz and France&am
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Most views from Climate Change
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Decarbonising Coal Use in India: Role of Carbon Capture, Utilisation, and Storage
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The IEA in 2024: Reviewing the Year
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Indonesia Begins Carbon Trading Program for Coal-Fired Power Plants
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Gmex Group Launches ZERO13 Digital Carbon Credits Aggregation Ecosystem
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"Co-creating with Customers to Transform Japan's Domestic Power Network into a Carbon-neutral and Resilient Electricity Infrastructure"
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Maersk signs green methanol deal with China's Goldwind
