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UK power sector CO2 hits 14-month high

The carbon intensity of the UK power sector reached its highest level in over a year in January, as rising demand coincided with low wind production and restricted nuclear capacity to boost fossil-fuel generation.

read more... 04/02/2021

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Shell-Exxon aims at $2.5 billion in Dutch subsidies for carbon storage

A consortium that includes oil majors Royal Dutch Shell and ExxonMobil has requested a total of 2.1 billion euros ($2.55 billion) in subsidies for a project to store CO2 gasses in empty Dutch gas fields in the North Sea, the Dutch Economy ministry said on Thursday.

read more... 15/01/2021

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Germany rings in 2021 with CO2 tax, coal phase-out

From January 1, 2021 the government will charge 25 euros ($30) per tonne of carbon dioxide emissions released by the transport and heating sectors

read more... 04/01/2021

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Global CO2 emissions ‘plunged by 7% in 2020 due to Covid-19 pandemic’

The decline in global emissions was the largest on record, according to a new report

read more... 11/12/2020

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North Sea major files for CO2 storage licence as part of UK’s net-zero journey

North Sea oil and gas independent Chrysaor has submitted a licence application for the purpose of storing CO2 in a depleted reservoir in the North Sea off the UK.

read more... 11/11/2020

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