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Carbon Capture rates of 60% sound impressive. But rising carbon prices could still make you commercially unviable

July 4, 2023 by Chris Bataille

Mainstream scenarios state the unavoidable need for continued use of fossils through to 2050. For the world to stay within its carbon budget, that means the unavoidable need for carbon capture and plugging “fugitive” leaks. Chris Bataille at the Center on Global Energy Policy flags up the danger that new CCS projects with seemingly impressive capture rates of up to 60% may nevertheless become commercially unviable as carbon prices rise: that … [Read more...]

Filed Under: Carbon Capture, Energy Tagged With: abatement, CCS, CCUS, CDR, cement, chemicals, CO2, coal, emissions, Exxon, fertilisers, gas, hydrogen, IEA, investment, IPCC, iron, leaks, methane, Nucor, oil, Paris2050, steel

Corporate greenwashing: will court cases and new rules close the gap between promises and reality?

November 15, 2022 by Isabel Sutton

Activists are taking firms to court over deceiving consumers with questionable climate pledges. Isabel Sutton at Clean Energy Wire summarises the issues. Greenwashing, and therefore misdirecting consumer behaviour, is clearly a barrier to achieving climate goals. The latest IPCC report says consumer behaviour and changes to our lifestyles can result in a 40%–70% reduction in greenhouse gas emissions by 2050.  But unregulated advertising can say … [Read more...]

Filed Under: Energy, Policies Tagged With: advertising, Beiersdorf, BP, consumers, emissions, EU, Exxon, greenwashing, KLM, litigation, netzero, Nivea, offsetting, Shell, TotalEnergies

Green Oil: second wave of investment in low-carbon assets is substantial but hardly tidal

March 8, 2019 by Energy Post Premium

Oil majors are under significant pressure from investors to develop climate-friendly business areas but less than 1.5% of their combined investment budgets is expected to go into low-carbon assets globally this year. However, 70% of that is set to come from European oil companies who are reacting positively to market signals by participating in coordinated industry schemes designed to help meet Paris targets. Here is an overview of some of the … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, PREMIUM Tagged With: Eni, Equinor, Exxon, Green investment, Paris Agreement, Shell, Total

Most read this week

  • U.S. Inflation Reduction Act: one year on, a summary of impressive progress in the energy transition by Hannah Perkins | posted on September 19, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage by Pablo Ruiz | posted on September 25, 2023
  • Sodium-ion batteries ready for commercialisation: for grids, homes, even compact EVs by Carlos Ruiz | posted on September 11, 2023
  • Understanding the new EU ETS (Part 2): Buildings, Road Transport, Fuels. And how the revenues will be spent by Simon Göss | posted on February 6, 2023
  • Affordable €25k EVs by 2025: Europe’s carmakers can do it. Instead they’re making more profitable SUVs by Transport & Environment | posted on September 22, 2023
  • Oil & Gas business is fatally flawed: Russia-Ukraine only delayed the relentless decline in prices by Clark Williams-Derry | posted on September 21, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • Though the price shocks hurt, Renewables installed between 2021-23 saved Europe €100bn by Joe Myers | posted on September 18, 2023
  • Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030 by Matthew James | posted on September 22, 2023
  • Space-Based Solar Power: getting closer as SpaceX and Blue Origin bring down the cost of heavy-lift launches? by Matteo Ceriotti | posted on September 20, 2023
  • Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields) by Joshua Pearce | posted on September 26, 2023
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Farming Algae for Carbon Capture: new research cuts “fouling.” Scale-up in 3 years? by David Chandler | posted on June 21, 2023
  • Concrete supercapacitor: works like a battery, much cheaper, easy to make by David Chandler | posted on September 27, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • EU Carbon Removal Certification Framework: new rules to turn greenwashing into genuine removals by Simon Göss | posted on May 16, 2023

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      Recent Posts

      Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

      Concrete supercapacitor: works like a battery, much cheaper, easy to make

      Agrivoltaics: GWs of solar power from farmland using strategically placed panels (and raising crop yields)

      Industry’s EU ETS reforms and CBAM: how firms can turn the rising cost of carbon into competitive advantage

      Concawe Symposium tackles climate and pollution as RED commits fuel companies to 29% renewable content from 2030

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