California regulator floats 100-year monitoring rules for CCUS projects
California regulator ARB is considering long-term monitoring, reporting, and financial responsibility requirements for carbon capture, utilisation, and storage (CCUS) projects as part of draft concepts for a new state CCUS programme, according to a Thursday notice.
Read MoreOpening of world’s largest CDR plant delayed after facility issue
The opening schedule for the world’s largest carbon removal (CDR) plant is under review after a facility-related issue was identified during commissioning, marking a further delay for a project once expected to start up in late 2024.
Read MoreGermany wins EU approval for €5 bln industrial decarbonisation aid scheme
The European Commission has approved a €5 billion German state aid scheme aimed at cutting emissions from some of the country’s most carbon-intensive industries, backing the use of hydrogen, electrification, carbon capture, and other low-carbon technologies through long-term carbon contracts for difference.
Read MoreOcean groups release guidance for responsible marine carbon removal trials
A group of environmental organisations on Thursday proposed safeguards for marine carbon removal (mCDR) research, including environmental protections, transparency requirements, and community engagement measures.
Read MorePwC cautions Malaysian firms to prepare for carbon tax despite delay
PwC, the professional services firm, has warned in a report that Malaysian companies should prepare for the carbon tax despite the government’s decision to delay its rollout, citing that the levy will reshape costs and competitiveness once implemented.Â
Read MoreCarbon removal marketplace raises new capital to help scale project development
A carbon removal marketplace has raised new capital in a funding round to support expansion of its project development work.
Read MoreDurable CDR buyers expect bigger discounts for forward purchases than suppliers do -survey
Durable carbon removal (CDR) buyers increasingly anticipate per-unit prices will fall through to 2030, placing them at odds with suppliers across several methods that expect flat or rising prices, according to an industry survey.
Read MoreAlberta TIER fund body carves out space for CDR in annual funding challenge
Alberta has launched a C$50 million ($36.68 mln) call for emissions reduction technologies, specifying eligibility for carbon removal (CDR) for the first time.
Read MoreFinnish startup raises €3.6 mln to pilot carbon-to-sustainable fuel technology
A Finnish deep tech startup has raised €3.6 million to build a 1MW industrial-scale pilot for technology that converts captured CO2 into carbon monoxide (CO) for use in sustainable fuel and other processes.
Read MoreBP looks to sell major stakes in UK carbon capture projects -media
BP is seeking to offload significant stakes in two major carbon capture and storage (CCS) developments in northeast England, marking another potential shift in strategy for the energy giant as it reassesses its long-term UK portfolio, according to media reports.
Read More