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carbon capture
Major Carbon Capture Investment to Create Thousands of Jobs in the UK
The United Kingdom has launched the construction of a major carbon capture and storage (CCS) system, expected to create over 2,000 new jobs. The project is part of the UK Government’s broader „Powering Up Britain” strategy, aimed at accelerating the…
European Commission Invests 2.4 Billion Euros in Green Technologies
The European Commission has announced a new call for proposals under the Innovation Fund program, aimed at supporting the development of low-carbon technologies. The total budget of the call amounts to 2.4 billion euros, with the goal of strengthening European…
The First Carbon Capture and Storage Project in Italy
The first carbon capture and storage (CCS) project in Italy is known as the Ravenna CCS Project, launched exclusively for environmental purposes. Its goal is to reduce carbon dioxide emissions, contributing to the fight against climate change, particularly in industries…
How to Unlock a USD 500 Billion Investment Opportunity in Advanced Energy Solutions and Reach Net Zero
Developing advanced energy solutions including storage, clean fuels, carbon removal and advanced nuclear solutions is key to achieving better outcomes for the climate in the form of low emissions, health via clean air, and the economy through job creation. While…
World Energy Outlook 2019 Highlights Deep Disparities in the Global Energy System
Deep disparities define today’s energy world. The dissonance between well-supplied oil markets and growing geopolitical tensions and uncertainties. The gap between the ever-higher amounts of greenhouse gas emissions being produced and the insufficiency of stated policies to curb those emissions…
IEA Launches New Tool for Tracking Oil and Gas-Related Methane Emissions Worldwide
The International Energy Agency has launched a new online tool that tracks oil and gas-related sources of methane, a major and often overlooked greenhouse gas. The new “methane tracker” offers the most comprehensive global picture of methane emissions, covering eight…
Planned $4.9tn Oil and Gas Investment ‘Not Compatible with Climate Goals’
A planned investment of $4.9 trillion (£3.8tn) in new oil and gas exploration and extraction over the next decade is incompatible with international climate obligations. That’s according to new analysis by Global Witness, which claims any fossil fuel production and…