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The IEA in 2024: Reviewing the Year

Energy Transition

The IEA in 2024: Reviewing the Year

Net Zero
25-03-2025

Course Charted for Carbon Free Shipping by 2050
Fuels of the future and shipping charge points in harbours are at the centre of a major new strategy to make Britain’s shipping fleet net zero by 2050 and drive growth in coastal communities.The Maritime Minister has today (25 March 2025) reveal
Carbon Emissions
21-03-2025

Britain Considering Linking With EU Carbon Market
Britain is actively considering the case for linking its Emissions Trading System (ETS) with the European Union's carbon market ahead of a UK-EU Summit in May, the government said on Thursday.The European Union and Union Jack flags are flown outsi
Net Zero
19-03-2025

UK Opposition Leader Drops Support for 2050 ‘Net Zero’ Climate Target
Britain's 2050 target for cutting overall greenhouse emissions to zero "is impossible" and must be dropped, the leader of the main opposition party said on Tuesday, a shift that highlights the political difficulties of moving away from f
Carbon Emissions
18-03-2025

Honda, Suzuki to Join Tesla’s CO2 Emissions Pool for 2025
Honda (7267.T), and Suzuki (7269.T), will pool carbon emissions with U.S. electric vehicle maker Tesla (TSLA.O), in 2025 to comply with European Union rules, an EU filing showed on Monday.A logo of Honda is seen inside a car dealer in Nijmegen, Netherland
CCS
17-03-2025

CO2necta CCS Project Launched in Valencia
A consortium comprised of Enagás, Holcim, and Saggas has launched the CO2necta project for carbon capture, transport and storage in the Valencian municipality of Sagunto.From l. Santiago Álvarez, DG, Saggas, Arturo Gonzalo, CEO, Enag
Carbon Storage
14-03-2025

Wagenborg: Construction Progress of ‘World’s First’ CO2 Carrier Reaches Next Phase
Royal Wagenborg, a Netherlands-based shipowner and operator, has revealed a ‘crucial’ progress update on the construction of what is being hailed as the world’s first CO2 carrier.As disclosed on March 11, 2025, the aft ship,
CCS
13-03-2025

Halliburton Secures Work on Australian CCS Project Carbon Capture Usage & Storage
U.S.-headquartered Halliburton has been awarded technical assessment work by Perth-headquartered InCapture and its joint venture partners for a carbon capture and storage (CCS) project offshore Australia, with the companies also having signed a collaborat
CCS
12-03-2025

Perry Introduces Bill to Repeal 45Q Tax Credit
Rep. Scott Perry, R-Pa., on March 6 introduced the 45Q Repeal Act. The legislation aims to repeal the Section 45Q tax credit for carbon capture, utilization and storage (CCUS). The bill, H.R. 1946, is cosponsored by Rep. Ro Kahanna, D-Calif.Following its
Nuclear Reactor
12-03-2025

Newcleo, Danieli Aim to Decarbonise Steel Production
France-based Newcleo is to collaborate with Italian designer, manufacturer and installer of machinery and plants for the iron and steel industry Danieli Group on integrating Newcleo's lead-cooled fast reactors with Danieli's steelmaking te
Carbon Emissions
07-03-2025

Solvay Aims to Nearly Halve CO2 Emissions at Spanish Plant by 2027
With a new major biomass project at the Torrelavega site in Spain, Solvay aims to nearly halve CO2 emissions at the site by 2027. The project is in line with the firm’s goal of slashing the site’s carbon footprint for its customers in
Carbon Neutrality
07-03-2025

China Plans Renewables Projects to Reach Carbon Neutrality by 2060
Wedoany.com Report-Mar 7, China has announced plans to develop significant renewable energy projects as part of its strategy to peak carbon dioxide emissions before 2030 and achieve carbon neutrality by 2060.China is unlikely to meet its five-year goal of
Net Zero
05-03-2025

All-Electric Zero-Emission Ferry Duo to Debut on San Diego-Coronado Route by 2026
San Diego-headquartered Flagship Cruises & Events has clinched $15.2 million funding from the California Air Resources Board (CARB) to develop a pair of fully electric zero-emission ferries to serve the San Diego to Coronado route.As disclosed, the CA
SMR
05-03-2025

PDAC 2025: SMRs to Help Decarbonise Mining in Canada
Small modular reactors (SMRs) are expected to help decarbonise mining operations in Canada, according to speakers at PDAC 2025 in Toronto.Ontario’s Minister of Energy and Electrification, Stephen Lecce, speaking at PDAC2025.The question is no lo
Net Zero
03-03-2025

New Data Shows Australia Kicking Net Zero Goals
Figures published in three new reports have highlighted a number of milestones for Australia’s energy sector, with total emissions lowered and record renewable energy generation in 2024.The figures are set out in the latest Quarterly Carbon Mark
Carbon Neutrality
28-02-2025

Apple Sued Over ‘Carbon Neutral’ Claim for Watches
On February 26, 2025, a group of consumers filed a lawsuit against Apple in a federal court in San Jose, California, alleging that the company’s claim of three Apple Watch models being "carbon neutral" is inaccurate and deceptive. The
Electric Vehicles
26-02-2025

Britain Needs Huge Switch to EVs, Heat Pumps and to Eat Less Meat to Hit Net Zero
A man drinks from a bottle at Primrose Hill, in London, Britain, September 3, 2023.Britain’s climate advisers, the Climate Change Committee (CCC), released their seventh carbon budget on Wednesday, February 25, 2025, outlining steps to achieve t
Carbon Capture
25-02-2025

City of Medicine Hat Finalizing Carbon Capture Deal
The City of Medicine Hat is completing an agreement on carbon capture and storage with Imperial Oil Ltd. The company was identified as the partner in discussions that began in June 2024. Imperial Oil Ltd., the Canadian subsidiary of ExxonMobil, will carry
Net Zero
24-02-2025

UK Net Zero Economy Grows to £83BN
The UK Net Zero economy is worth £83.1bn and 16% larger than the regional economy of the north-east, according to a new Confederation of British Industry (CBI) Energy & Climate Intelligence Unit report.The growing sector accounts for 951,000
Carbon Emissions
24-02-2025

Korea to Set Greenhouse Gas Emission Goal for 2035 With UN
Acting President Choi Sang-mok speaks during a meeting of the Presidential Commission on Carbon Neutrality and Green Growth at the government complex in Seoul, Feb. 24.Korea will submit its greenhouse gas emission goal for 2035 to the United Nations this
Decarbonization
21-02-2025

EBRD, EU Fund Hydrogen Technology to Decarbonize Egypt’s Cement Sector
European Bank for Reconstruction and DevelopmentThe European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are expanding support for energy efficiency in Egypt’s manufacturing sector with a 25 million euro financing
CCS
23-02-2025

BKV to Develop Texas CCS Facility With Midstream Firm
BKV will purchase the carbon dioxide (CO2) waste stream from the plant, which will then be compressed, transported and permanently sequestered via BKV's injection well at an adjacent site.BKV Corporation said it is partnering with an undisclosed l
CCS
21-02-2025

First FPSO With Carbon Capture System Ready for Service off Angola
Conversion project including installing the first CCS system was completed in 24 months (COSCO Shipping Heavy Industries)Yinson Production and officials from China’s COSCO Heavy Industries joined with industry leaders to celebrate the completion
Carbon Capture
20-02-2025

POET and Tallgrass Collaborate on Carbon-Capture Project at Nebraska Bioprocessing Plant
POET LLC, the largest biofuel producer in the world, and Tallgrass, a prominent infrastructure company, have signed agreements to connect POET's bioprocessing facility in Fairmont, Nebraska to Tallgrass's Trailblazer CO2 pipeline. The plan
CCS
19-02-2025

Yinson Production Buys Carbon Capture and Storage Firm
Singapore-based floater owner and operator Yinson Production has acquired 100% of the shares in Stella Maris CCS from UK floater player Altera Infrastructure.Stella Maris is a Norway-based carbon capture and storage company developing a full CCS value cha
CCS
19-02-2025

Xodus Hired for Japan’s Large-Scale CCS Project
Simon Allison, Vice President - Asia Pacific, Xodus.Global energy consultancy Xodus has been awarded a contract to support the Offshore Western Kyushu carbon capture and storage (CCS) project, one of Japan’s first large-scale CCS initiatives.Acc

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