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Carbon Capture And Storage

All articles tagged with #carbon capture and storage

business2 months ago

Google invests in carbon capture to power data centers and reduce emissions

Google is supporting the development of a new gas-fired power plant in Illinois equipped with carbon capture and storage (CCS) technology, aiming to reduce emissions. However, CCS faces skepticism due to its high costs, technical challenges, and potential to prolong reliance on fossil fuels. The project reflects ongoing debates about balancing energy needs, environmental impact, and the future of renewable energy sources.

via The Verge|
#business#carbon-capture-and-storage#ccs
energy2 years ago

Navigator CO2 Ventures Abandons US Midwest Carbon-Capture Pipeline Project

Navigator CO2 Ventures has canceled its Heartland Greenway pipeline project, which aimed to capture and store 15 million metric tons of carbon dioxide annually from Midwest ethanol plants. The cancellation is attributed to unpredictable state regulatory processes and is a setback for carbon capture and storage (CCS) projects in the US. The project's demise is also a blow to the ethanol industry, which sees CCS as crucial for reducing emissions. Concerns from residents along the pipeline route regarding safety risks and potential harm to their land contributed to the project's setbacks. Another major CCS pipeline project, proposed by Summit Carbon Solutions, has also faced setbacks due to landowner concerns.

via Reuters|
#carbon-capture-and-storage#energy#ethanol-industry
energy2 years ago

US Power Sector Warns Biden's Unworkable Carbon Proposal

The Edison Electric Institute (EEI), a top utility trade group, has warned the Biden administration that its plan to reduce carbon emissions from the power sector is unworkable and relies too heavily on unproven technologies. The proposed plan, which aims to achieve net-zero emissions by 2035, hinges on the widespread commercial availability of carbon capture and storage (CCS) and low-emissions green hydrogen. The EEI and other energy-related groups argue that these technologies may not meet performance and cost requirements within the proposed timelines. The resistance from industry groups poses a significant challenge to the administration's climate agenda.

via Reuters|
#biden-administration#carbon-capture-and-storage#carbon-emissions
energy2 years ago

UK Government Approves Expansion of North Sea Oil and Gas Licenses, Igniting Controversy

Britain has committed to granting hundreds of licences for North Sea oil and gas extraction as part of efforts to become more energy independent, despite criticism from environmental campaigners. Prime Minister Rishi Sunak also announced support for two carbon capture and storage (CCS) clusters in Scotland and northern England. The government argues that increasing domestic fossil fuel supply would reduce the carbon footprint compared to importing liquefied natural gas, but faces legal challenges from climate activists. The International Energy Agency has stated that no new oil and gas projects should proceed to meet global climate targets. The North Sea Transition Authority regulator expects the first of the new licences to be awarded in the autumn.

via Reuters|
#carbon-capture-and-storage#energy#energy-security
environment2 years ago

Canada Takes Action: Phasing Out Inefficient Fossil Fuel Subsidies

Canada has released a framework to phase out inefficient fossil fuel subsidies, becoming the first G20 country to fulfill a 2009 commitment. While the framework is seen as a positive step, critics argue that it falls short by allowing government support for oil and gas projects that aim to reduce emissions through technologies like carbon capture and storage (CCS). The framework applies to existing tax and non-tax measures but does not cancel ongoing subsidy agreements. Fossil fuel activities will be exempt if they fall into specific categories, such as enabling significant emissions reductions or supporting clean energy. The move is part of a deal between Prime Minister Justin Trudeau's Liberal Party and the New Democratic Party. However, critics argue that the framework does not meet the urgency of the climate crisis and fails to address public financing of fossil fuel projects.

via Reuters.com|
#canada#carbon-capture-and-storage#climate-change