Electrifying upstream oil and gas assets to run on renewables or natural gas that would otherwise be flared could cut associated emissions by more than 80%, according to Rystad Energy.
Here’s another reason to get stoked about surfing: Forests, marshes and mangroves adjacent to surf breaks store 88.3 million metric tons of carbon dioxide, according to a first-of-its kind study. That represents about 1% of annual global energy-related emissions, equivalent to the carbon spew of 77 million cars.
Global banks aren’t living up to targets to cut their financing of activities that are directly fueling climate change, according to a new study by the World Resources Institute.
The policy brains behind the UK’s carbon capture, utilisation and storage (CCUS) clusters have hailed progress towards ambitions to make Great Britain a world leader in the technology despite deep concerns about delays in the projects.
By Cameron Archer-Jones, COWI UK associate and carbon management lead
Over recent months, the UK government has been consulting on the introduction of Sustainable Industry Rewards (SIRs) (formerly non-price factors) such as supply chain sustainability, capacity building, skills, and innovation to the 2025 auction round of its contracts for difference (CfD) scheme.
A new report has revealed the world's oil and gas firms have contributed to more than 40% of global carbon dioxide (CO2) emissions since the Paris climate agreements.
Europe’s largest economy is running a €23 billion ($24.9 billion) experiment to reach net zero by 2045 without destroying its energy-intensive industrial base.
Shell (LON: SHEL) has been considering slowing the pace of its carbon emissions cuts as it updates its energy-transition strategy, according to people familiar with the matter.
The UK’s offshore regulator is consulting on new plans to drive upstream electrification, warning producers that failure to invest could affect its granting of future consents.
A senior executive at Norway’s sovereign wealth fund, which owns a larger share of global stocks than any other investor, says Big Oil’s transition strategy isn’t holding up as carbon emissions continue to rise.
The world-famous Danish toy brand Lego will continue to use oil-based plastics in its signature bricks as it found the alternative caused higher carbon emissions.
President Xi Jinping has promised a slow and steady end to the growth of planet-warming emissions in China, with energy security taking top priority as the country contends with a flagging economy and tumult on global fuel markets.
How low can we make carbon emissions go? At Equinor, we plan to send them 1km below the seabed. Carbon emissions from the Humber and Teesside regions will be captured and safely stored beneath the North Sea. See how we’re accelerating the UK energy transition at equinor.co.uk.
COP26 is expected to have a carbon footprint twice as large as the previous summit on climate change, making it the most carbon-intensive summit of its kind.
Boris Johnson will urge leaders of the world's biggest economies to make good on their commitments to cut damaging carbon emissions ahead of crucial climate changes talks in Glasgow.
Carbon capture and storage (CCS) could have a “material impact” on the carbon emissions of liquefied natural gas (LNG) projects, according to analysts.
By Ian Thom, director, Middle East Upstream Research, Wood Mackenzie
Oil and gas faces an existential crisis as global efforts to reduce carbon emissions gather strength and pace. In this new paradigm, definition and assessment of risk is critical.
Less than 15% of the $2.4 trillion in government spending to support the post-pandemic economic recovery has gone to investments in clean energy, according to the International Energy Agency.
The UK government has announced that UK carbon emissions are to be cut by 78% by 2035. Achieving this requires businesses of all sizes to make substantial changes in reducing their emissions and offsetting what cannot practicably be reduced.