Oil and gas supermajors’ low carbon spending not correlated to lower shareholder returns -analysis
A recent analysis by the energy research and intelligence firm Rystad Energy finds that, contrary to popular belief, oil and gas majors’ low carbon spending does not correlate to lower shareholder return.
Read MoreCalifornia gas utilities reach 2030 leak reduction goal years ahead of schedule -report
California reports that natural gas utilities within the state have reduced methane emissions by 41% below a 2015 baseline, thereby exceeding the goals of the state’s gas leak abatement programme by several years.
Read MoreCCUS pipelines pose new legal questions to US’ existing pipeline regulations -expert
The carbon transportation sector is posing novel legal questions to established pipeline regulations originally written to regulate oil and gas transportation, according to a legal scholar focusing on CO2 storage and transportation.
Read MoreHemp-based CDR could remove 10 bln tCO2 per year by 2035 -study
Using hemp as a biochar feedstock could remove 10 billion tonnes of CO2 per year by 2035 at low costs without requiring extensive land use or major investments, according to a new study.
Read MoreUS states may look to LCFS policies to drive EV adoption -experts
After Congress revoked California’s EV mandate, states may still have the option to drive EV adoption and electrification by implementing low-carbon fuel standards (LCFS), experts said Friday.
Read MoreWCI Markets: CCAs dip ahead of auction, WCAs hit record high
California Carbon Allowance (CCA) prices dipped last week amid diminished activity ahead of the Q4 auction, while Washington Carbon Allowances (WCAs) rose to a record high.
Read MoreNew York hydrogen company suspends $1.7 bln US DOE loan in pivot to data centres
A New York-based green hydrogen company announced this week that it is suspending activities related to a $1.7 billion US DOE loan and halting work on six hydrogen facilities as it pivots to serving the growing data centre market.
Read MoreUS EPA grants Texas permitting authority over CO2 wells after long wait
After years of waiting, the US EPA announced Wednesday that it has approved Texas’ application to permit and regulate Class VI carbon injection wells.
Read MoreCalifornia regulator issues nearly 700k more units without DEBs
The California regulatory overlooking carbon offsets reported an issuance of 696,000 units over the last three weeks without direct environmental benefits (DEBs) to the state, a slight increase in issuances following a slump recorded last period.
Read MoreBRIEFING: As cries for SCOTUS intervention grow, Boulder asks high court to keep out of climate case
Attorneys representing a Colorado community are asking the US Supreme Court (SCOTUS) to reject a petition from two major oil and gas companies that asks the high court to consider a climate case the two sides have been litigating for years.
Read More