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The IEA in 2024: Reviewing the Year
Carbon Emissions
23-07-2024
Biden Administration Announces $4.3 Billion in Climate Grants
U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. REUTERS/Tom Brenner/File Photo Purchase Licensing RightsThe Biden administration on Monday announced 25 projects pitched by 30 different st
Net Zero
22-07-2024
Nearly 64% of Brits Support Increased Renewable Investment
Nearly 64% of Britons support further investment in renewables and almost 60% want their MPs to advocate for it.New findings from the Aldersgate Group, RenewableUK and CPRE highlight the need for improved strategic planning and resources to support the UK
Carbon Capture
22-07-2024
Scotland Pumps Millions Into Carbon Capture
First Minister John Swinney is set to visit a carbon capture and storage (CCS) facility in Aberdeenshire.During his visit, Mr Swinney will unveil new Scottish Government funding for the Acorn project, based in St Fergus.The project aims to capture carbon
CCS
20-07-2024
Climate Finance Top Priority, Says COP29 President-Designate
Mukhtar Babayev, president-designate of the UN's COP29 summit taking place in Azerbaijan in November, says the top negotiating priority is agreeing a "fair and ambitious" goal on climate finance "adequate to the urgency and scale of
Hydropower Plant
19-07-2024
Hydro Power and De-risking Climate Change
(Panelists at a HYDROVISION mega session panel. Photo by Clarion Events.)At HYDROVISION International this week, there was the acute awareness that hydroelectric power globally is facing climate change-induced challenges. California is a prime example, sa
Carbon Capture
16-07-2024
Strathcona, Canada Growth Fund Ink $2B Carbon Capture Deal
Armed with public funding, Canada’s fifth-largest oil sands company Strathcona Resources is embracing carbon capture technology as its ticket to navigating the energy transition.The Calgary-based oil and gas producer is betting big on the future
COP29
15-07-2024
EU to Push at COP29 for Follow up on Deal to Curb Fossil Fuels
European Union flags fly outside the European Commission headquarters in Brussels, Belgium, March 1, 2023.REUTERS/Johanna Geron/File Photo Purchase Licensing RightsThe European Union will pressure other countries at this year’s COP29 climate sum
Net Zero
15-07-2024
How a New Capital Hub Is Raising €650BN to Decarbonise Europe’s Cities
The cities are looking to raise funds for a variety of net-zero and climate-resilience infrastructure projects from public and private investors. Credit: Martin Bergsma via Shutterstock.At the end of June, at the Cities Mission Conference in Valencia, the
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
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"Co-creating with Customers to Transform Japan's Domestic Power Network into a Carbon-neutral and Resilient Electricity Infrastructure"
