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Carbon Management

Yanchang Petroleum’s large-scale CCUS facility enters construction in China

XI'AN, China – China’s first large-scale carbon capture storage and utilization (CCUS) facility enters construction. The facility's final investment decision represents a series of "firsts" for China and Yanchang Petroleum, one of China's largest oil and gas companies and the facility's owner.

Carbon Clean Solution, Veolia partner for large-scale CO2 capture, industrial re-use

Veolia, the global leader for optimized resource management, announced the signing of a new partnership agreement with Carbon Clean Solutions Limited (CCSL), a global leader in low-cost carbon capture technology, for the large-scale rollout of CCSL’s patented carbon dioxide (CO2) separation technology.

China, EU reaffirm climate action after Trump backs away

BEIJING/OSLO (Reuters) -- Nations led by China and the European Union rallied around a global plan to slow climate change on Wednesday after US President Donald Trump began undoing Obama-era plans for deep cuts in US greenhouse gas emissions.

IRENA: Global energy CO2 emissions could be cut by 70% by 2050

LONDON (Reuters) -- Global energy-related carbon dioxide (CO2) emissions could be reduced by 70% by 2050 and completely phased out by 2060, research by the International Renewable Energy Agency (IRENA) showed on Monday.

IEA: Energy carbon emissions in 2016 flat for third year

LONDON (Reuters) -- A greener energy mix helped keep energy-related carbon dioxide emissions flat in 2016 yet more needs to be done to avert a harmful rise in global temperatures, International Energy Agency (IEA) data showed on Friday.

EPA chief says Congress should weigh whether carbon dioxide is a pollutant

WASHINGTON (Reuters) -- The new head of the Environmental Protection Agency said on Thursday he is not convinced that carbon dioxide from human activity is the main driver of climate change and said he wants Congress to weigh in on whether CO2 is a harmful pollutant that should be regulated.

California carbon market sees weak demand for permits

SAN FRANCISCO (Reuters) -- California's carbon market generated little interest from buyers at last month's permit auction, results released showed, raising concern about the program's ability to deliver funding for projects like the state's bullet train.

US Energy Department offers $2B loan to Lake Charles Methanol

WASHINGTON — The US Department of Energy offered a conditional commitment to guarantee loans of up to $2 billion to Lake Charles Methanol, LLC to construct the world’s first methanol production facility to employ carbon capture technology in Lake Charles, Louisiana.

Praxair starts up carbon dioxide plant in Northeastern US

DANBURY, Conn., – Praxair, Inc. announced that it has started up its carbon dioxide purification and liquefaction plant at Delaware City Refining Company’s facility in Delaware City, Delaware. The 450-ton-per-day plant is producing food and beverage quality liquid carbon dioxide for distribution to the Northeastern US merchant market.

EU lawmakers postpone vote on carbon market reform until Dec. 15

BRUSSELS (Reuters) -- A vote by European lawmakers on an overhaul of the EU's Emissions Trading System (ETS) will be postponed until Dec. 15 because major parties remain divided over how far the reforms should go, EU sources said on Monday.