In Short : The 25th PM-STIAC meeting focused on Carbon Capture Utilisation & Storage (CCUS) and carbon credit initiatives in India, highlighting strategies to enhance carbon management, reduce emissions, and promote sustainable development in alignment with national climate goals. In Detail : The 25th Prime Minister’s Science, Technology & Innovation Advisory Council (PM-STIAC) meeting was […]
Carbon capture, hydrogen are the main tools in Biden’s power plan – EQ Mag
Regulation aims to reduce facilities’ emissions of climate-altering gases — a goal that could require carbon burial. 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 challenges that are […]
As oil output peaks, US Gulf of Mexico makes room for carbon capture – EQ Mag
HOUSTON : After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah as the region becomes a hot spot for burying greenhouse gases. Some companies, including Exxon Mobil Corp (XOM.N), have been dumping assets in the Gulf, the nation’s primary offshore […]
Eni, ADNOC ink pact to cooperate in renewables, hydrogen, carbon capture – EQ Mag
Companies to collaborate in reducing GHG, methane emissions They plan to hit net zero emissions by 2050 Eni is a major oil and gas producer in UAE Italy’s Eni and the UAE’s Abu Dhabi National Oil Co. have signed a memorandum of understanding to explore collaboration in the development of renewable energy, blue and green […]
NITI Aayog releases study report on ‘Carbon Capture, Utilisation, and Storage (CCUS) Policy Framework and its Deployment Mechanism in India’ – EQ Mag
CCUS is key to ensuring sustainable development and growth in India, particularly for the production of clean products and energy, leading to an Atmanirbhar Bharat A study report, titled ‘Carbon Capture, Utilisation, and Storage Policy Framework and its Deployment Mechanism in India’, was released today. The report explores the importance of Carbon Capture, Utilisation, and […]
Scaling the CCUS industry to achieve net-zero emissions – EQ Mag Pro
Carbon capture, utilization, and storage can help hard-to-abate industries achieve net-zero emissions. Scaling the industry will require action by governments, investors, and industrial players. Over the past 30 years, many industry experts have predicted that carbon capture, utilization, and storage (CCUS) technologies would be required to decarbonize industries such as energy, chemicals, cement, and steel […]
Carbon capture in the steel industry: ArcelorMittal, Mitsubishi Heavy Industries Engineering, BHP and Mitsubishi Development sign collaboration agreement – EQ Mag Pro
ArcelorMittal, the world’s leading global steel and mining company, Mitsubishi Heavy Industries Engineering (MHIENG), a pioneer in carbon capture technology, leading global resources company, BHP, along with Mitsubishi Development Pty Ltd are collaborating on a multi-year trial of MHIENG’s carbon capture technology with ArcelorMittal, following the signing of a funding agreement between the parties. The […]
Carbon capture: a decarbonisation pipe dream – EQ Mag Pro
Underperforming carbon capture projects considerably outnumber successful projects globally, and by large margins, with both the technology and regulatory framework found wanting, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, The Carbon Capture Crux – Lessons Learned, studies 13 flagship large-scale carbon capture and storage (CCS)/carbon capture […]
Carbon Capture Remains A Risky Investment For Achieving Decarbonisation – EQ Mag Pro
Shute Creek in the U.S. underperformed its carbon capture capacity by around 36% over its lifetime, Boundary Dam in Canada by about 50%, and the Gorgon project off the coast of Western Australia by about 50% over its first five-year period. The 90% emission reduction target generally claimed by the industry has been unreachable in […]
IEEFA: Carbon Capture Has a Long History. Of failure – EQ Mag Pro
Despite its long history, carbon capture is a problematic technology Capturing Scope 3 emissions, the biggest chunk of emissions created from using the product, is not being accounted for in “carbon-neutral” claims The entire efficacy of the carbon capture process has been called into question by the Intergovernmental Panel on Climate Change Carbon capture and […]