News
News
July 16, 2024
Carbon capture startup raises $37 million to turn CO2 into rock
Carbon capture technology is advancing rapidly and continues to attract significant investment from venture capital firms. Oman-based startup 44.01, which is developing a method to inject carbon dioxide into rocks, announced on the 15th that it has comple
May 30, 2024
UK 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 23, 2024
Keppel claims the first adoption of carbon mineralized concrete in Vietnam
To embrace the green building transformation trend, Keppel, Singapore's largest multinational corporation, signed a Memorandum of Understanding (MOU) with Vietnamese concrete company FiCO Pan-United and construction firm Coteccons in early May.
May 17, 2024
Malaysia 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.
April 25, 2024
EU offers $30 million for carbon removal project proposals
The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
May 31, 2023
Indonesia hopes to become regional carbon storage hub
The Indonesia Carbon Capture and Storage Center (ICCSC) was established on May 30 with hopes to help propel the country’s agenda to become a regional hub for carbon capture storage (CCS) solution.
May 18, 2023
EPA proposes new greenhouse gas standards for US fossil fuel-fired plants
The Environmental Protection Agency (EPA) on May 11 proposed new limits on greenhouse gas emissions from coal- and gas-fired power plants, a move seeking to reduce pollutants and protect public health.
April 19, 2023
Finnish startup turns CO2 into carbon-negative concrete blocks that can trap emissions
Carbonaide, a spin-out from VTT Technical Research Centre of Finland, has come up with a solution to reduce carbon footprint by transforming CO2 into carbon-negative concrete blocks that eventually become a carbon sink, or an object that is able to absorb
February 21, 2023
Amazon funds $1.6 million for carbon-sequestering seaweed farm
Amazon.com has awarded 1.5 million euros ($1.6 million) to a Dutch project testing the feasibility of commercially producing seaweed in between turbines of offshore wind farms, the company and organisers said.
February 16, 2023
Denmark grants first CO2 storage licences for North Sea projects
The Danish Ministry of Climate, Energy, and Utilities has awarded its first licences to capture and store carbon in the North Sea to Wintershall Dea, INEOS Energy and TotalEnergies.