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The Latest Breaking News from CCUS

‘Energy transition without carbon capture is impossible’

In a first, India set aside Rs 20,000 crore in the recent Union budget for Carbon Capture, Utilisation and Storage (CCUS). This technology, adopted in a limited way by many countries, will be rolled out over the next five years in sectors such as chemicals, power, steel, cement and refineries.

Newslaundry

3 Niche Oil and Gas Investments for Next-Gen Wealth Builders

Lesser-known segments of the oil and gas sector present unique opportunities for next-gen investors and family offices, as long as they're vetted thoroughly.

Kiplinger

Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting

Government accused of making ‘secret exchange deal’ with fossil fuel companies to compensate for tax hike

The Guardian - UK

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read the most diverse news in one place.

Carbon can be captured, but it isn’t worth the cost

Letters: Dr Andrew Boswell points out major flaws in carbon capture, utilisation and storage, David Stokes says moving away from it would be no bad thing, while Kate Macintosh thinks it is a poor investment

The Guardian - UK

Leakage is a risk with carbon storage projects – NZ’s new framework must be clear on how to deal with this liability

The government recently announced a framework to regulate carbon capture, utilisation and storage (CCUS) by New Zealand companies.

The Conversation

Government warned over ‘high risk’ multibillion-pound backing for carbon capture

The MPs called on the Government to assess whether its support for carbon capture utilisation and storage in the UK will be affordable for taxpayers.

Evening Standard

Sceptics question BHP pursuit of 'risky' carbon capture

BHP says it is "unapologetically" looking at carbon capture and storage as sceptics question the mining giant's pursuit of the technology over other solutions.

AAP

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1 'Strong Buy' Energy Dividend Stock With 17% Upside Potential

The article highlights a top-rated energy dividend stock that promises a compelling 17% upside potential.

Barchart

Climate scientists call on Labour to pause £1bn plans for carbon capture

Letter says technologies to produce blue hydrogen and capture CO2 are unproven and could increase emissions

The Guardian - UK

Good Cop, bad Cop: what the Cop28 agreement says and what it means

Some say the deal is historic, others that it is weak. We look closely at the text for the truth of the matter

The Guardian - UK

At least 475 carbon-capture lobbyists attending Cop28

Exclusive: Figures reveal growing push by fossil fuel sector for technologies that scientists say will not stop global heating

The Guardian - UK

Texas Sees ‘Bonanza’ in Carbon Storage Market

Critics say Railroad Commission and politicians focus on business, not environmental protection.

Capital & Main

Labour accused of 'sabotaging' Scotland's energy future amid bid to block new oil

Former first minister Alex Salmond dubbed Keir Starmer “the North Sea job destroyer”

The National (Scotland)

Polarising carbon capture tech back on NZ radar

The energy sector wants Government to urgently introduce regulations enabling carbon capture and storage in New Zealand, as a way to cut CO2 emissions. But as Nikki Mandow finds out, others have very different opinions.

Newsroom.co.nz

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Daily Record

Jeremy Hunt accused of 'shafting Scotland' by failing to fund north east carbon capture scheme

The SNP said the Acorn Scottish cluster project in Peterhead had faced a decade of broken funding pledges from Westminster governments.

Birmingham Post

What Jeremy Hunt's Spring Budget means for Wales

The Chancellor wants to see an investment zone established in Wales

Reuters

Alberta offers to work with Canadian govt on carbon capture incentives

Canada's Alberta province on Thursday offered to collaborate with the federal government to incentivize carbon capture utilization and storage (CCUS) investments, as long as Ottawa refrains from introducing climate policies that impact the oil and gas sector without Alberta's consent.

Fortune

A California startup is turning greenhouse gas into a plastic alternative that's used by Nike and H&M

Twenty years ago, two entrepreneurs thought of carbon differently—as a possible ingredient in products we use every day.

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Daily Record

Cornton Vale women's prison on final countdown ahead of 2023 closure

Cornton Vale women’s prison and young offenders institution is to close early in the new year. The Scottish Prison Service announced this week that the doors will close in early 2023 before HMP & YOI Stirling, which is being built on the same si

Bangkok Post

Solving the energy challenge

As Thailand's delegation prepares to travel to COP27 in Sharm el-Sheikh, Egypt in early November, it is crucial that we reflect on, and learn from, the momentous world events that have disrupted commitments made at the last climate summit in Glasgow less than a year ago.

The Guardian - AU

Industry call for Australia to ‘unlock wealth’ of new oil and gas fields at odds with IEA warning

Increasing supply is ‘absolutely part of the solution’ to decarbonising the economy, Appea chair tells conference

People

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