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Climate Change

The IEA in 2024: Reviewing the Year

Energy Transition

The IEA in 2024: Reviewing the Year

Carbon Capture
08-04-2025

Taiwan’s Foxconn Enters Carbon Capture Market
Foxconn, a major technology manufacturer, has teamed up with Pace, a UK-based company, and other partners to venture into the carbon capture market, as announced in a press release on Monday. This move aligns with growing global efforts to address climate
Carbon Capture
08-04-2025

Occidental’s 1PointFive Receives Permits to Sequester CO2 at Texas Facility
Occidental Petroleum’s unit, 1PointFive, announced on Monday, April 7, 2025, that the U.S. Environmental Protection Agency (EPA) has approved its application to store carbon dioxide captured from its direct air capture (DAC) facility, Stratos, i
CCS
08-04-2025

US EPA Approves Texas’ First CO2 Injection Well
The U.S. Environmental Protection Agency (EPA) granted Texas its first permit for carbon dioxide injection and storage on Monday, April 7, 2025. Occidental’s Oxy Low Carbon Ventures received this Class VI permit to drill three CO2 wells in Ector
Carbon Storage
07-04-2025

Partners Testing Feasibility of CO2 Storage at Mature Oil Field off Australia
In early 2025, Japanese engineering firm Chiyoda Corporation and Knutsen NYK Carbon Carriers (KNCC), a partnership between Japan’s NYK and Norway’s Knutsen Group, secured a contract to conduct a feasibility study for a carbon capture a
CCS
02-04-2025

Japanese Players Join Forces to Expedite CCS Project Development
Japan’s Inpex Corporation and Kanto Natural Gas Development have formed a joint venture, named Metropolitan CCS JV, to advance research and planning for a carbon capture and storage (CCS) project. Commissioned by the Japan Organization for Metal
Carbon Emissions
01-04-2025

Brazil’s Petrobras, Bndes Partner to Buy Carbon Credits in Amazon Region
Monday's news highlights a significant collaboration between Petrobras (PETR4.SA) and BNDES, two major players in Brazil's oil and development sectors. Together, they have launched the ProFloresta+ program, designed to support forest resto
CCS
28-03-2025

Northern Lights CCS Project Secures $710M for Phase Two Expansion
Equinor, Shell, and TotalEnergies have decided to invest NOK7.5bn ($710m) in the next phase of the Northern Lights carbon capture and storage (CCS) project.The Northern Lights Carbon Capture and Storage facilities at Øygarden outside of Bergen.
Carbon Storage
28-03-2025

Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion
Shell (SHEL.L), Equinor (EQNR.OL)and TotalEnergies (TTEF.PA)said on Thursday they will invest 7.5 billion Norwegian crowns ($713.66 million) into expanding their flagship carbon storage project in western Norway after securing a new customer deal.The logo
CCS
27-03-2025

Allseas Setting the Stage for Pipelaying at Eu’s Landmark CO2 Transport and Storage Project
An Allseas vessel has commenced offshore works for the first offshore carbon capture and storage (CCS) project in the Netherlands with an unexploded ordnance (UXO) survey along the pipeline route, seen as one of several important pre-lay activities before
Carbon Capture
29-03-2025

Aramco Launches CO2 Dac Test Plant in Saudi Arabia
Saudi Arabian Oil Co. (Aramco) said it has launched Saudi Arabia’s first facility for the direct air capture (DAC) of carbon dioxide (CO2).The facility will serve 'as a testing platform for next-generation CO2 capture materials in Saudi
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

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India’s Power-Sector CO2 Emissions Fall for Second Time in Over Four Decades, Report Says