Carbon capture, utilization and storage is an effective but complex and underutilized solution. According to theInternational Energy Agency, carbon capture capacity would have to increase by more than 20 times to enable the capture of 840 million metric tons per year of CO2 by 2030 to meet globa...
It’ll take time, and likely a lot of it, to get carbon removal technology to a point where it’s a more effective time machine. There are technical, logistical, and economic challenges to figure out. And early projects, like theClimeworks direct-air-capture plant in Iceland, are still g...
Carbon capture is having a moment. Companies such as Chevron Corp. are building technology to capture carbon dioxide from smokestacks while others such as Microsoft Corp. are investing in startups working to yank the greenhouse gas out of the air directly. Governments and climate activists are...
Central to this work is the need to invest in knowledge development and sharing, and organization analysis. The GCCSI is developing a global knowledge exchange program to coordinate the effective and timely international collection and dissemination of knowledge on CCS technology and implementation. By ...
Proponents of the carbon trade argue that it is a cost-effective partial solution to the problem of climate change and that it incentivizes the adoption of innovative technologies. However, carbon emissions trading has been widely and increasingly criticized. It is sometimes seen as a distraction ...
Carbon sequestration is the process of capturing produced carbon dioxide and subsequently storing it safely, away from the atmosphere. It is a method that reduces the amount of carbon dioxide in the atmosphere, aiming at reducing global warming and clima
(4%). Yet, since fossil fuels tend to outstrip the energy-density of most industrial batteries and alternative fuels, these processes have proven particularly tricky to decarbonise. In essence, what’s needed is a shift in the technology at the heart of our industrial s...
developcarbonemissionabatementsolutions. TheDecarbonisingIndustryWorkingGroupisfocusedonthreeofthehardest-to-abate industries—steel,aluminium,andmining.Besidescompaniesfromtheseindustries,the workinggroupalsoincludesselectedenergyandtechnologycompaniesthatareinterestedin ...
We also implement digital oilfields, using predictive analytics to anticipate adverse events before they arise in the real world. This approach helps us enhance operational safety and efficiency, and minimize disruption. Empowering us to make informed, efficient, and cost-effective decisions throughout ...
Sustainability within energy production is increasingly important in a world that faces a climate crisis. Reducing methane emissions during the production phase of oil and gas is the quickest way to address global warming, and electric actuation is a rel