Italy's Eni reveals a 30 percent cut in scope 1 and 2 emissions from 2018

Image: Eni

Italian energy company Eni announced it had cut its net scope 1 and 2 emissions in the upstream sector by 40 percent in 2023, compared with a 2018 baseline. It said particular atte...

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Europe finalizes answer to US Inflation Reduction Act, aims to become net zero continent by 2050

Lawmakers in the European Parliament agreed to the Net Zero Industry Act on Tuesday. Image: Pexels

Europe on Tuesday framed new rules on local production of wind and solar power equipment, fuel cells and other green technologies, after an agreement involving lawmakers in the Eur...

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Indonesia allows storage of foreign CO2 to boost carbon capture sector

Indonesia has issued new regulations on carbon capture and storage (CCS), under which CCS operators can earmark 30 percent of their total storage capacity for imported carbon dioxi...

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Dow clears $6.5 bn plan for new, net zero ethylene cracker in Canada

Image: Dow

Dow's board of directors declared the Final Investment Decision on the company's Fort Saskatchewan Path2Zero investment in Canada. The clearance allows the company to build the wor...

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Daily Shorts: Quebec getting $3 bn GH2 project, Tesla heads to new markets, and more

Image: Shutterstock

TES Canada H2 Inc plans to set up a 70,000 metric tons per annum green hydrogen plant in Quebec, and the news could be announced as soon as this week. The $2.9 billion project will...

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Daily Shorts: Fonterra to cut farm emissions, Oxy wants to licence its carbon capture technology, and more

Fonterra, the world's largest dairy exporter, said it would reduce farm emissions by 30 percent by 2030, largely by improving farm practices, deploying novel technologies, and plan...

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Daily Shorts: BlackRock backs Oxy's DAC project, Rivian ups EV production, and more

US electric vehicle maker Rivian Automotive raised its forecast for full-year production to 54,000 units, an increase of 2,000 units. The Amazon-backed company also said it would e...

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IIT researchers crack CO2-to-CO method that could help decarbonize industry

India has granted researchers at IIT Bombay a patent for technology that converts CO2 into CO or carbon monoxide, in a process that holds huge potential for carbon capture and ener...

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Air Products to create Europe's largest blue hydrogen plant at Rotterdam

Air Products' Rotterdam hydrogen plant is getting a carbon capture system. Image: Air Products

Air Products announced it will build a carbon capture and carbon dioxide (CO2) treatment facility at its existing hydrogen production plant in Rotterdam, the Netherlands. The facil...

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Daily Shorts: Indonesia moves WTO over EU's biodiesel duty, Oxy buys carbon capture company, and more

Image: CarbonEngineering.com

Indonesia has filed a dispute over the European Union's import duties on biodiesel, the WTO announced. The island nation argues that the imposition of countervailing duties — allow...

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Weekend Roundup: EU may ask COP28 to phase out oil & coal, Italy gets 16 MTPA carbon storage capacity, and more

The EU could push for a global deal to phase out fossil fuels at COP28, a review of the bloc's draft negotiating position shows. Almost 200 countries are expected to attend the cli...

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Daily Shorts: Denmark to earmark $4B for CCS, Cargill tests wind powered ships

Denmark will earmark around $4 billion in aid to carbon capture storage (CCS) projects, the country's climate ministry announced. The grants will be disbursed over 15 years, but el...

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