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Showing 11 - 20 of 24 results for "CCS"

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... (CCUS) as examples of removals-based offsets. Karoon's asset Baúna, in the Santos Basin in Brazil, "does not lend itself" to CCS as it is located 200 km offshore, but future M&A activity would consider suitability of mature developed assets that might ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... ACCR include claims that Santos' representations that hydrogen produced from natural gas with carbon capture and storage (CCS) (blue hydrogen) is "clean" or "zero emissions" constitutes misleading or deceptive conduct. ACCR says that blue hydrogen ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
... noted in a recent report that the land sector has contributed the most to ACCU supply. Adding carbon capture and storage (CCS) methodologies to the generation of ACCUs would help address the supply imbalance of high quality carbon credits, according ...

Carbon offsets essential to net zero ambitions: Grattan Institute

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... carbon storage and large scale mineralisation - sequestering emissions underground. Wood noted that carbon capture and storage (CCS) and carbon capture, utilisation and storage (CCUS) can count as offsetting activities. "I am avoiding sending the CO2 ...

Santos sued over clean energy, net zero claims

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... zero" scope 1 and 2 greenhouse gas emissions by 2040. "A large amount of this reduction is anticipated to come from future CCS processes and blue hydrogen," ACCR noted. ACCR claims these statements are potentially misleading because "Santos has firm ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
Australia's only commercial scale carbon capture and storage (CCS) project has failed to meet targets to sequester carbon emissions from an LNG facility, raising questions as the role that CCS technology can play in reaching decarbonisation targets ...

Role of oil and gas in net zero emission future

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... economies, and that fossil fuels have a role to play in that economic transition as do technologies like CCUS. Nunan agreed. "Both CCS and hydrogen are important and are going to be part of the solution," Nunan said. "Both are deployed today. We sell ...

FY22 budget proposes "technology not taxes" for climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 MAY 2021  |  NEWS
... accelerate the development of four additional hydrogen hubs in regional Australia, $263.7 million to carbon capture and storage (CCS) and carbon capture, utilisation and storage (CCUS) projects, and $279.9 million for purchasing emissions reductions ...

Rio Tinto commits to climate vote at AGM

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... relying largely on buying cheap carbon offsets in the short term, and unproven technologies-like carbon, capture and storage (CCS)-in the long term. Yet shareholders have no formal mechanism to object to these plans." Gocher called it "imperative" for ...

ARENA, CEFC changes open door to CCS, hydrogen investment

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... eventually zero emissions. "This is necessary to have any chance of meeting global climate aspirations." Santos noted that CCS projects store around 40 million tonnes per year of carbon dioxide, far short of the more than two billion tonnes of carbon ...

Editor's Choice

Green moves: Aware Super, Minderoo Foundation

ELIZABETH FRY
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie AM takes over Island Green Power

KARREN VERGARA
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

ISSB looks to ease Scope 3 disclosure requirements

JAMIE WILLIAMSON
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.

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