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Showing 11 - 20 of 80 results for "Carbon Capture"

COP fails to bridge yawning funding gap

ROSE MARY PETRASS  |  MONDAY, 18 NOV 2024  |  NEWS
... President of the host nation said in a speech that oil and gas is a "gift from god", and lobbyists of controversial carbon capture and storage (CCS) technology outnumber core national delegations, the Guardian and BBC reported. Negotiators are struggling ...

Clarity on sector pathways sparks investor confidence

ROSE MARY PETRASS  |  MONDAY, 9 SEP 2024  |  NEWS
... storage batteries form the cornerstones of Australia's decarbonisation pathways across sectors. However, hydrogen and carbon capture need additional development. The CCA calls for cooperation across local, state and territory governments, businesses ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... investor rejection of its climate plan; the energy giant's US$1.2bn natural gas takeover negates its US$2.35bn carbon capture buy "more than 21 times over". Woodside's US$1.2bn bid for Tellurian and its Driftwood LNG project would raise Scope ...

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... much pricier, says Bloomberg. The world would have to fall back on other, potentially more expensive solutions, if carbon capture and storage (CCS) fails to scale, according to BloombergNEF's New Energy Outlook: Australia launch in Sydney this week. ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company Woodside Energy Group Ltd announced it would buy Texas' OCI Clean Ammonia Holding ...

RIAA warns against carbon capture

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
... against gambling their transition plans on unproven and unscaled technology, as the Senate recommends a ban on carbon capture and storage (CCS). This comes as a host of players ramp up their spending on CCS, a process for trapping carbon dioxide and ...

Prime role for AI in impact decisions

ROSE MARY PETRASS  |  TUESDAY, 16 JUL 2024  |  NEWS
... fuels, energy storage and infrastructure, energy efficiency, green mobility, low-carbon and critical materials, and carbon capture and storage. "Impact investing is the next evolution of investment practice," founder Andrew Huang told FS Sustainability. ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... cost and unproven at scale. The tech giant bought the credits from Occidental Petroleum subsidiary 1PointFive, a carbon capture, storage, and sequestration (CCUS) company. 1PointFive noted that under the safe harbour provisions for forward-looking statements ...

Big win for Great Artesian Basin

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
... by farmer groups and local councils, Queensland's environmental regulator has imposed a moratorium on any future Carbon Capture and Storage (CCS) project applications in the Great Artesian Basin (GAB). Late last month, the sunshine state rejected the ...

Carbon trading roundup: Verra, REDD+, BetaCarbon

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... from accusations of alleged abuses by Human Rights Watch, as it seeks public input on a global methodology for carbon capture and storage hubs. Australia's ACCU supply could triple by 2033, making it the largest developer of offsets globally. According ...