In the energy transition governments have been losing fuel duties in the shift away from combustion engines. The Financial Times (behind a paywall) writes that, globally, policymakers are imposing new taxes on electric vehicles because last year there was a drop in receipts of $10 billion. The net loss is projected to rise to $110 … Continue reading Energy in Demand News, May 12, 2024
Category: CCS
The world’s largest carbon-capture plant just switched on
After decades of hype and doubt, giant factories that can pull thousands of tonnes of carbon dioxide out of the atmosphere are starting to spin up. Experts say we’ll need carbon capture to offset stubborn emissions that can’t easily be cut with existing green technology. In an article on the CNN website, Laura Paddison discusses … Continue reading The world’s largest carbon-capture plant just switched on
The European Commission’s approach to industrial carbon management
In February, the European Commission published its new approach to industrial carbon management. The following is the press release from February 6th (edited by EiD concerning dates). Commission sets out how to sustainably capture, store and use carbon to reach climate neutrality by 2050 The European Union is committed to reaching ‘net zero' CO2 … Continue reading The European Commission’s approach to industrial carbon management
Shell sold millions of ‘phantom’ carbon credits
Subsidy scheme in Alberta allowed oil major to register carbon credits equivalent to twice the volume of CO₂ captured. Greenpeace describes the deal with Alberta as a 'hidden subsidy' that awarded money for 'phantom' credits. Benjamin Shingler discusses the new report in an article on the CBC News website. Shell sold millions of carbon … Continue reading Shell sold millions of ‘phantom’ carbon credits
With the right incentives in place by governments and the construction sector, almost all cement produced around the world could be low-carbon
In an article on The Conversation website, Jamie Goggins, Professor of Civil Engineering, College of Science and Engineering at the University of Galway discusses how green cement production is showing real promise. What are your views? Green cement production is scaling up – and it could cut the carbon footprint of construction Aside from … Continue reading With the right incentives in place by governments and the construction sector, almost all cement produced around the world could be low-carbon
Europe needs €800bn to meet 2030 climate targets, says industry
The Brussels-based European Round Table for Industry this week published two new reports by the Boston Consulting Group that lay out the state of play and articulate the challenges in Europe’s energy transition. As the countdown continues to the European elections and appointment of the next European Commission later this year, the European Round Table … Continue reading Europe needs €800bn to meet 2030 climate targets, says industry
Germany plans to allow carbon capture and sub-seabed storage technology in certain industries
In a news item on the Deutsche Welle website we get another view of carbon capture. German Economy Minister Robert Habeck says Berlin will need to allow sub-seabed storage of CO2 produced in certain industries in order to reach its goal to be carbon neutral by 2045. Germany to allow carbon capture, underwater storage … Continue reading Germany plans to allow carbon capture and sub-seabed storage technology in certain industries
How effective is carbon capture and storage as a means to decarbonise our economies?
In an article on the Scientific American website, Naomi Oreskes, professor of the history of science at Harvard University, argues that fossil-fuel companies use captured carbon dioxide to extract more fossil fuels, leading to a net increase in atmospheric CO2. Is this your view? The False Promise of Carbon Capture as a Climate Solution … Continue reading How effective is carbon capture and storage as a means to decarbonise our economies?
Energy in Demand News, January 28, 2024
There is encouraging good news that carbon emissions dropped in the EU in 2023. The Guardian reported on analysis from the Centre for Research on Energy and Clean Air (Crea) showing that the EU “pumped out 8% less carbon dioxide from the fossil fuels it burned in 2023 than it did in 2022.” Crea analyst … Continue reading Energy in Demand News, January 28, 2024
Not all carbon-capture projects offer the same economic and environmental benefits
Volker Sick, Professor of Advanced Energy Research, Director of the Global CO2 Initiative at the University of Michigan writes on The Conversation website about the pros and cons of carbon-capture projects. What are your views? Not all carbon-capture projects pay off for the climate – we mapped the pros and cons of each and … Continue reading Not all carbon-capture projects offer the same economic and environmental benefits
