Carbon

Carbon Emissions

U.S. to Grant $6.4 Billion Funding for Projects to Reduce Carbon Emissions

The U.S. Transportation Department said on Thursday it would award $6.4 billion over five years to states to fund projects to reduce greenhouse gas emissions.

Ammonia

Suez Canal Economic Zone Signs $3Billion Green Energy Deal

Agreement with a consortium including French company EDF Renewables will lead to nearly 350,000 tonnes of green fuel being produced annually for ships passing t…

Energy Transition

Partnership Boosts Green Building Practices in Brazil

The International Finance Corporation (IFC), a member of the World Bank Group, and the Brazilian Chamber for the Construction Industry (CBIC) are partnering to …

Energy Transition

Lack of Strong Decarbonisation Agenda Poses Risk to Asia’s Energy Transition

Despite efforts laid to set the road for their energy transitions, countries in Asia are still lacking a strong decarbonisation agenda that is in line with the …

CCS

ExxonMobil Estimates $4 Trillion CCS Market by 2030

Amount is around 60% of forecast oil and gas market by that date.

Carbon Neutral

Shell Cuts Scope 1, 2 and Methane Emissions

Oil giant Shell's first Energy Transition Report shows progress reducing emissions though net carbon intensity falls only slightly in five years.

Carbon Emissions

Japanese Firms Team up to Produce ‘Carbon-Free’ Methane

Japan's largest gas retailer Tokyo Gas, engineering firm IHI and space agency Jaxa have secured a subsidy to further develop production of "carbon-free" synthet…

Nuclear Power Plant

Nuclear Power Plant to Host Direct Air Carbon Capture Study for DOE

Constellation and several partners will receive $2.5 million in U.S. Department of Energy (DOE) funding to study direct air capture technology at the company’s…

Energy Transition

Exxon Sees Carbon Capture Market at $4 Trillion by 2050

Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentati…

Net Zero Emission

Helping EU Countries Reach Net Zero Requires a More Supportive ‘Demand’ Response

Helping EU countries lower energy prices and become carbon neutral by 2050 requires a more supportive ‘demand’ response, writes Simon Bushell, founder and CEO…

Net Zero Emission

ExxonMobil Begins Design Studies for Carbon Capture Hub

ExxonMobil Australia is undertaking early front-end engineering design studies (pre-FEED) to determine the potential for carbon capture and storage to reduce gr…

Floating Offshore Wind

Operator Looking to Decarbonise New North Sea Project with Floating Wind

A proposed development concept for a new North Sea project has received approval from the UK’s offshore regulator, enabling the operator to continue preparing …

Carbon Emissions

BlackRock-Led Group Invests $525M Toward India Renewable Energy

A group considered the world’s largest asset manager has joined with a United Arab Emirates (UAE) wealth management fund to support an investment in renewable …

Carbon Neutral

Masdar, Kyrgyzstan to Explore Renewable Energy Opportunities

​Masdar has signed a memorandum of understanding (MoU) with Kyrgyzstan’s Ministry of Energy to explore the development of renewable energy projects.

Carbon Emissions

The U.S. Should Bet on Green Hydrogen for Zero-Emissions Shipping, New Study Shows

A recent report states that the U.S. government should invest more in hydrogen technology and renewable energy.