Last week, the International Energy Agency (IEA) in its report ‘The Oil and Gas Industry in Net Zero Transitions’ stated that the oil and gas industry faces a ‘moment of truth’. The industry has been…
Wyoming Gov. Mark Gordon sparked a backlash from state lawmakers when he discussed plans to make the Cowboy State carbon dioxide-neutral during a talk at Harvard last month.
A focus on greenhouse gas emissions – and particularly those emanating from the nation’s oil fields – has given rise to a number of projects designed to capture and sequester emissions.
Sultan Ahmed Al Jaber is the President-Designate of the upcoming United Nations climate summit in Dubai, or COP28. He’s also head of the Abu Dhabi National Oil Company. Recently he said “we have to change…
The world's oil and gas industry has been warned it faces a "moment of truth" at next week's UN climate talks. Dr Fatih Birol, head of energy watchdog the International Energy Agency, was speaking as…
Carbon capture and underground storage (CCUS) is touted by proponents of fossil fuel production and consumption as the technology that will keep oil and gas in the global energy mix. It is, and at the…
The global oil and gas industry encompasses a large and diverse range of players: from small, specialised operators to huge national oil companies. These producers face pivotal choices about their role in the global energy…
The oil and gas industry needs to let go of the “illusion” that carbon capture technology is a solution to climate change and invest more in clean energy, the head of the International Energy Agency…
A “high ambition” coalition of nations such as France, Tuvalu, Ethiopia, and Ireland backed by climate scientists, climate and civil society organizations, and the UN Secretary General, are calling for commitments to phase out coal,…
Climate policy discussions tend to circle important numbers — 2050. 1.5 degrees. Net zero. Here’s one more to add to the mix: $100. That’s the cost per ton of carbon that the carbon-removal industry needs…
Carbon Capture and Storage (CCS) is the fossil fuel industry’s biggest scheme yet to persuade people that the climate crisis can be solved while still depending on what they’re selling.
The world has a carbon problem. To solve it will require moving away from burning carbon-emitting fuels and relying instead on cleaner energy sources like wind turbines and solar cells. But is there anything we…
Carbon capture and storage is an old technology, first commercialized in the 1970s. Back then it was called enhanced oil recovery, because the carbon dioxide recovered from oil and gas production was injected into depleted…
Clean hydrogen and carbon capture have for years been the next big thing, on the verge of revolutionizing the energy sector and providing a lifeline for fossil fuel producing economies like Texas.
On summer days in Ascension Parish, Louisiana, where towns stretch along the Mississippi River, the evening breeze draws people outside after a sweltering day. But this year, residents are likely to be driven back inside…
In an open-air warehouse in California’s Central Valley, 40-foot-tall racks hold hundreds of trays filled with a white powder that turns crusty as it absorbs carbon dioxide from the sky.
BlackRock Inc, the world's biggest money manager, will invest $550 million in Occidental Petroleum Corp’s direct air capture (DAC) plant in West Texas, the two companies announced on Tuesday. Occidental has been shopping for investors…
American energy thrives on generations of innovation. The companies driving carbon capture and storage (CCS) projects are writing the next chapter of U.S. energy leadership. Though some doubt the benefits of CCS, as discussed in…
The world wants to master the process of corralling carbon, and Occidental Petroleum Corp. is building a futuristic machine on the dusty plains of Texas designed to do just that.
Is carbon capture and storage a needed tool to get us to the clean energy future or a costly distraction that will delay the fight against climate change? That massive debate between environmental groups, industry…
Get within a few dozen meters of one of the world’s biggest carbon capture projects on Australia’s remote Barrow Island, and normal conversation quickly becomes impossible.Emanating from the dense maze of pipes and towers the…
As human activity and climate change increase the amount of carbon dioxide in the ocean, harming coral reefs and marine life, researchers have designed a new technology using aqueous sodium hydroxide and sodium carbonate to…
Last month, COP28 president, oil CEO Al Jaber unveiled his "action plan" for this year's climate summit. Amidst a lot of big talk about fossil fuel phase down was one little word that puts the…
White House officials and Democratic lawmakers spent weeks celebrating the one-year anniversary of the Inflation Reduction Act, a legislative package that has been dubbed the most ambitious climate legislation of all time.
A first-of-its-kind project under construction at a 51-year-old Coca-Cola bottling facility in Elmsford, New York, is notable both for how it will improve the site’s energy reliability and how it will capture carbon dioxide during…
Deadly rupture. Groundwater contamination. Earthquake triggers. One after another, residents from across Iowa fired off their concerns at a meeting with federal and state representatives to discuss a technology that could help protect the climate…
Investing in carbon capture technology will be necessary for a sustainable future, but environmental advocates frequently stress that this alone is not a cure-all for pollutants. The DOE, for example, estimates between 400 million and…
Millions of dollars of investments in new carbon capture projects in Louisiana — with more announced this past week — are unwelcome developments to some environmental activists in the state.
The Biden administration is betting big on giant carbon-sucking vacuums as a climate solution, announcing that it will help jump-start two mammoth projects in Texas and Louisiana that will be a global testing ground for…
The state-owned oil producer of the United Arab Emirates and a U.S. oil company on announced Tuesday that they are looking to develop projects that could suck carbon dioxide from the sky and smokestacks in…
Businesses seeking to lead on sustainability and meet net-zero commitments should be working to decarbonize their Scope 3 emissions. These include fossil fuel, steel and fertilizer companies with hard-to-reduce emissions.
Energy companies have talked for years about how carbon capture technology will preserve their ability to burn coal and natural gas in a world that needs to drastically cut carbon emissions.
The governors of Wyoming and Colorado signed a memorandum of understanding Wednesday for interstate collaboration on the development of carbon capture technologies.
A new California-based startup is trying to take on climate change by simultaneously taking carbon dioxide out of the ocean and air while creating hydrogen as an alternative fuel. Boeing has already inked an agreement…
As expected, the Environmental Protection Agency’s proposed rules to reduce emissions from power plants rely on so-called ‘carbon capture.’ In theory, this would remove some climate pollution before it enters the atmosphere. There is still…
From the outside, the residential high-rise on Manhattan’s Upper West Side looks pretty much like any other luxury building: A doorman greets visitors in a spacious lobby adorned with tapestry and marble.
The window to prevent catastrophic climate change is closing. Concentrations of planet-warming carbon pollution in the air are at their highest level in more than 2 million years – and the world has yet to…
The administration of US President Joe Biden has proposed a landmark regulation that aims to curb emissions from the power sector in the United States over the next two decades. If it survives the legal…
The Biden administration’s plan to limit, for the first time, greenhouse gas emissions from existing power plants could hinge on the ability of plant operators to capture carbon dioxide before it is pumped into the…
Carbon capture is a way to remove carbon dioxide (CO2) from some mixture of gases. If CO2 is removed from an emissions source, such as the exhaust gas from a power plant, and then sequestered…
Sucking carbon dioxide out of the sky — or “direct air capture,” as it is known by experts and scientists — is a bit like a time machine for climate change. It removes CO2 from…
In what could be a major milestone in the fight against climate change, a startup said Thursday it has started successfully pulling carbon dioxide from the air and burying it underground.
Talking about carbon capture projects used to be a bit more theoretical. Sure, polluting companies would say, we would love to deploy this technology on a large scale, but the funding isn’t there. To make…
Imagine a clean energy future, and you might picture giant turbines twisting in the wind, or electric vehicles zipping quietly down the highway. Fossil fuels become relics, or disappear altogether.
Houston energy company NRG has sold its stake in a massive carbon capture project at a Fort Bend County coal-fired power plant to Japanese oil and gas company JX Nippon for $3.6 million, according to…
Rep. Ro Khanna’s energy subcommittee of the House Oversight and Reform Subcommittee released a tranche of documents from various Big Oil companies, designed in part to build support for a windfall profits tax on the…
Norwegian carbon dioxide (CO2) storage company Northern Lights and its owners have agreed to store emissions captured at fertiliser-maker Yara's (YAR.OL) Dutch operation from 2025 in what they say is a commercial breakthrough for the…