News
News
December 03, 2024
Research raises concerns over fossil fuel technologies in AZEC partnership
A study reveals that more than a third of the collaborations under AZEC involve fossil fuel technologies.
November 29, 2024Startup Captura's ocean carbon capture technology aims to slash costs
The development of carbon capture technology has been slow, partly due to high costs. However, the American startup Captura is developing ocean carbon capture technology that promises to halve these costs.
September 12, 2024Google invests $10 mln in Holocene to tackle carbon capture’s cost ‘holy grail’
American tech giant Google has announced a partnership with carbon capture startup Holocene, signing a contract worth up to $10 million. Starting in 2030, Google plans to purchase carbon credits at a very low price of $100 per ton.
June 03, 2024Rystad Energy identifies Malaysia as key emerging hub for CCS in Asia-Pacific region
Malaysia is among the hubs in the Asia-Pacific region rapidly emerging as key players in the carbon capture and storage (CCS) sector, according to Rystad Energy.
May 30, 2024UK carbon trading to include waste-to-energy, carbon removal
The UK ETS Authority announced on May 23 that it is launching a consultation on the inclusion of waste-to-energy, waste incineration, and carbon removals in the carbon emissions trading system.
May 21, 2024Japan passes new legislation to facilitate CCS implementation
Japan passed a law on May 17 to establish a permit system for business operators, facilitating the implementation of Carbon Capture and Storage technology, which captures carbon dioxide from industrial emissions and stores it deep underground.
May 17, 2024Malaysia to introduce CCUS regulatory framework, eyes global leadership
Malaysia's Economy Minister Rafizi Ramli has announced that the government will present a progressive regulatory framework bill for Carbon Capture, Utilization, and Storage. The bill is expected to be submitted to the Cabinet in November.
May 13, 2024Shell accused of selling 200 million of “phantom carbon credits”
Energy giant Shell is accused of selling "phantom carbon credits" through a Canadian carbon capture project, which not only generated an additional revenue of 200 million Canadian dollars (about 140 million USD) but captured only half of the amount claime
May 06, 2024Singapore launches new corporate lab for low-carbon technologies
Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
May 06, 2024Researchers create device to consume CO2 to generate electricity
Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.