Wednesday, 5 February 2025

Focus on Carbon Management

Edmonton-based Capital Power Corp. says it is no longer pursuing a proposed $2.4-billion carbon capture and storage project at its Genesee natural gas-fired power plant. Capital Power’s Genesee Power Plant is seen near Edmonton in an Oct. 19, 2022, handout photo. THE CANADIAN PRESS/HO-Capital Power, Jimmy Jeong, *MANDATORY CREDIT*
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Capital Power pulls plug on $2.4bn carbon capture project

Capital Power's carbon capture plan is technically viable but not economically feasible, company says.

FILE PHOTO: Secretary General of Organization of the Petroleum Exporting Countries (OPEC) Haitham Al Ghais speaks during the Energy Asia conference in Kuala Lumpur, Malaysia June 26, 2023. REUTERS/Hasnoor Hussain/File Photo
Carbon ManagementEmissionsHydrogenNewsOil

‘End of oil not in sight’, says OPEC Secretary General

OPEC Secretary General Haitham Al Ghais wrote there is "a worrying trend of narratives" that use terms like the end of oil, which...

A view of Duke Energy's Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018. REUTERS/Chris Keane/File Photo
AnalysisCarbon ManagementClimateCoalCourtsEmissionsIn-DepthLegislationNatural GasPoliticsRegulations

Explainer: New U.S. EPA power sector rules set up likely legal clashes

The U.S. Environmental Protection Agency's new regulations targeting pollution from power plants are expected to usher in major legal challenges. Here is what...

FILE PHOTO: The sun sets next to a smokestack from a coal-burning power station in Beijing January 9, 2008.  REUTERS/David Gray/File Photo
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Climate targets group’s CEO to ease concerns over carbon offset plan

The CEO of the SBTi sought to reassure critics' concerns over the plan to allow companies to use carbon credits to offset greenhouse...

BusinessCarbon ManagementClimate FinanceEconomyEmissionsEmissions MarketsFinanceIndustryNewsPoliticsVoluntary Carbon Markets (VCMs)

US to launch carbon offset guidelines to boost integrity

New U.S. guidelines for the use of carbon offsets inside and outside of government meant to build confidence in the market and ensure...

BusinessCarbon ManagementElectricityEmissionsFinanceHydrogenNatural GasNewsOil

High interest rates threaten rollout of green economy: Wood Mackenzie report

A new report from global consultancy Wood Mackenzie says if high interest rates persist, it will be harder and more costly for society...

BusinessCarbon ManagementNatural GasNews

BP cuts size of executive team, names new head of gas & low carbon energy

The British company said it would reduce the size of its executive leadership team to 10 members from 12, in a bid to...

AnalysisCarbon ManagementEmissionsIn-DepthPolitics

Analysis-Carbon price fall deprives Europe’s green funds of billions

The cost of EU carbon permits had nearly halved by February, as emissions covered by the market plunged as a result of higher...

Carbon ManagementEmissionsIndustryManufacturingNews

No major role for carbon capture in steel industry, report says

Carbon capture systems have made "little or no commercial progress" for steelmakers in Europe as alternative technologies gain ground.

Carbon ManagementClimateEmissionsIndustryNews

Japan’s greenhouse gas emissions fell 2.5% in 22/23 to new low

The latest figure marked the lowest since data collection began in 1990/91, helped by reduced emissions in the industrial and service sectors

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