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COP29 Climate Financing Negotiations in Stalemate

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COP29 Climate Financing Negotiations in Stalemate

Net Zero
30-10-2023

CEFC, Japan cooperate toward net zero
The Clean Energy Finance Corporation (CEFC) has signed a Memorandum of Understanding (MOU) with the Japan Bank for International Cooperation (JBIC), which will see the two organisations strengthen their cooperation across the hydrogen, renewable energy an
Carbon Emissions
27-10-2023

Canada to Pause Carbon Tax on Home Heating Oil for Three Years
Canadian Prime Minister Justin Trudeau on Thursday announced a three-year carbon tax exemption for home heating oil and higher carbon tax rebates for people in rural areas, measures he said were intended to bring relief amid soaring costs of living.Trudea
Carbon Capture
26-10-2023

ABB and Imperial College Extend Carbon Capture Collaboration
A dedicated carbon capture pilot plant will continue to train the net-zero workforce, and engineers and scientists of the future, after ABB and Imperial College London signed a 10-year contract to extend their successful partnership. The plant is the only
Photovoltaic （PV）
26-10-2023

IEA: Solar Can 'Bend the Emissions Curve' Back to a Path Consistent With 1.5 °C
Global renewable growth has led the IEA to conclude that a pathway to limiting global warming to 1.5 °C is very difficult – but remains open. Image: Samuel Faber (Pixabay).The International Energy Agency‘s (IEA) recent World En
Carbon Capture
24-10-2023

Algeria's State Oil and Gas Firm Sonatrach Plans $1 Billion Project for Natural Carbon Storage - Ennahar
A view of the headquarters of the state energy company Sonatrach in Algiers, Algeria November 25, 2019. Picture taken November 25, 2019. REUTERS/Ramzi Boudina/File Photo Acquire Licensing RightsAlgeria's state oil and gas firm Sonatrach has plans
Carbon Emissions
23-10-2023

Navigator CO2 Ventures Cancels Carbon-Capture Pipeline Project in US Midwest
An ethanol plant with its giant corn silos next to a cornfield in Windsor, Colorado July 7, 2006./File Photo Acquire Licensing RightsNavigator CO2 Ventures has canceled its Heartland Greenway pipeline project aimed at capturing 15 million metric tons of c
Carbon Capture
20-10-2023

DOTZ Announces Strategic Collaboration With Sintef to Advance Its Carbon Capture Technology
Dotz Nano Limited (ASX: DTZ, Dotz or Company), a leading developer of innovative climate and industrial nanotechnologies, today announced a technology development collaboration with SINTEF Industry (SINTEF), one of Europe’s largest independent r
Carbon Capture
20-10-2023

CO2 Storage for Port of Rotterdam Industry Gets Go-Ahead
Industrial operations in the Port of Rotterdam have contracted for carbon storage in the Porthos project (Port of Rotterdam file photo)The final investment decision has been taken giving the go-ahead to the Netherlands’ first CO2 storage project
Net Zero
20-10-2023

California Governor Newsom Heads to China for Climate-Focused Meetings
California Governor Gavin Newsom speaks at an event for the second year of the Roybal School of Film and Television Production Magnet at the Edward R. Roybal Learning Center in Los Angeles, California, U.S., October 13, 2023. REUTERS/Mario Anzuoni/File Ph
Net Zero
18-10-2023

Italy's Eni, Britain Agree Rules for Carbon Capture Project
The logo of Italian multinational energy company Eni is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo Acquire Licensing RightsItaly's Eni (ENI
Carbon Capture
16-10-2023

Aker Carbon Capture Studies Feasibility of CCS at Biomass CHP Plant in Germany
SOURCE: Aker Carbon CaptureAker Carbon Capture has been awarded a feasibility study to implement carbon capture at a biomass combined-heat-and-power (CHP) facility in Germany. The planned capture capacity will be 250,000 metric tons CO2 per year. For this
Net Zero
14-10-2023

India to Push Developed Nations to Become 'Carbon Negative' Before 2050, Sources Say
India wants to push developed nations to become carbon negative rather than carbon neutral by 2050, arguing that would allow emerging market economies more time to use fossil fuels for development needs, two Indian government sources said.India, which is
Solar Power Plant
14-10-2023

Low Carbon Commissions 22MW Fox Covert Solar Farm
The solar farm is based in Buckinghamshire. Image: Low Carbon.Global renewable energy company Low Carbon has begun energisation at its 22MW Fox Covert Solar Farm.Based in Buckinghamshire, the solar farm is the first project to be brought online in a 3GW p
Net Zero
12-10-2023

World's Top Miners Need More Ambition to Meet Climate Targets
Anglo’s copper business in Chile made history in 2021 by commissioning the country’s first green H2 station for carbon zero vehicles. (Image courtesy of Anglo America | Flickr.)The world’s biggest miners including BHP Group L
Coal Production
12-10-2023

Australian Court Backs Coal Mine Expansions in Key Climate Case
Credit: Whitehaven CoalAn Australian court backed the government’s decision to approve expansions of two coal mines in a case that’s challenged the climate credentials of Prime Minister Anthony Albanese’s administration.Justi
Carbon Capture
11-10-2023

LR approves ERMA FIRST’s Carbon Capture & Storage System
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to ERMA FIRST for its amine absorption-based Carbon Capture & Storage (CCS) system.ERMA FIRST’s CCS system uses absorption technology to mix CO2 (carbon dioxide) flue ga
Net Zero
11-10-2023

BP Says It Remains Committed to Financial, Climate Ambitions
Logo of British Petrol BP is seen at a petrol station in Pienkow, Poland, June 8, 2022. REUTERS/Kacper Pempel/File Photo Acquire Licensing RightsBP (BP.L) said on Tuesday it remained committed to its financial and carbon reduction ambitions, as interim Ch
CCS
11-10-2023

Suriname Seeks $30 per Credit in First Paris Agreement Carbon Sale -Minister
Suriname's Environment Minister Marciano Dasai poses for a photograph in an office, in Paramaribo May 8, 2023. Ministry of Spatial Planning and Environment/Handout via REUTERS/File Photo Acquire Licensing RightsIn its race to be the first country
Solar project
09-10-2023

Solar Expansion Further Reduces Carbon Emissions for Oakland International
Oakland International Site Manager Martyn Chapman and BeBa Energy’s Technical Director Darren OliverMidlands supply chain solutions provider Oakland International has further extended its investment in solar technology to achieve almost 27 per c
Oil & Gas Supply
09-10-2023

OPEC Leaders Make Case for Fossil Fuels at Riyadh Climate Event
UAE Industry Minister Sultan Ahmed Al Jaber waves before a meeting between Brazil's President Luiz Inacio Lula da Silva and leaders of countries attending the Amazon Summit at the Hangar Convention Centre in Belem, Para State, Brazil August 9, 202
Net Zero
08-10-2023

US Tackles Climate-Warming HFC Industrial Gases With New Rules
Signage is seen at the headquarters of the United States Environmental Protection Agency (EPA) in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly/File photo Acquire Licensing RightsThe U.S. Environmental Protection Agency on Friday announced tw
Carbon Emissions
07-10-2023

US Can Reduce Greenhouse Gas Emissions 90% Through Existing Measures, Report Says
(Photo by Ernest Ojeh on Unsplash.)ICF, a global consulting and technology services provider, released a new report that leverages proprietary climate modeling to project how to put the U.S. on a path toward achieving its goal of a net-zero economy by 205
Carbon Storage
05-10-2023

SK Capital Buys US Environmental Services Firm Pivoting to Carbon Storage
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo Acquire Licensing RightsPrivate equity firm SK Capital Partners acquired U.S. oilfield wast
Carbon Emissions
05-10-2023

Dutch Bank ING Urges Policy Shift to Help It Hit Climate Targets
Governments must set tougher rules to aid the decarbonisation of real estate and other sectors, ING's CEO said, warning that the Dutch bank will otherwise struggle to hit its climate targets.The Netherlands' biggest bank, with a market cap
Nuclear Power Plant (NPP)
28-09-2023

IEA Sees Greater Role for Nuclear in Attaining Net-Zero by 2050
In an update to its Net Zero Roadmap, published in 2021, the International Energy Agency (IEA) says the role of nuclear power has been revised upwards given recent policy support. In the updated net-zero emissions (NZE) scenario, nuclear generating capaci

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