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Report: Canada and U.S. Are Top Public Funders for CCS with Nations Prepared to Inject $200 Million More

DeSmogBlog

Oil Change International’s study, “Carbon Capture’s Publicly Funded Failure,” shows the Canadian government has given at least $4 billion in public subsidies to CCS efforts, out of a total of $20 billion world wide. It is, therefore, both an energy and money drain on our economy that is unnecessary for most of the energy services we require.”

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'Denial and delusion': Green groups slam government refusal to rule out new North Sea oil and gas exploration

Business Green

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions. We will not leave oil and gas workers behind in the United Kingdom's irreversible shift away from fossil fuels.

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Net Zero Strategy: Energy Systems Catapult calls for market incentives to be aligned with net zero agenda

Business Green

Research body argues government must fix 'uneven' decarbonisation policies that continue to drive customers towards high carbon activities. The COP presidency provides us with a unique position, an opportunity, to move the debate forward and to accelerate global progress," he said.

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Only new fiscal rules will avoid a Budget carbon COP out

Business Green

The Budget on Wednesday will be the first real test of this government's commitment on climate and it needs to drive momentum in the decarbonisation of electricity, heat and transport or it will set us up for a failure on the world stage. This Budget is a real opportunity to show leadership on carbon pricing.

COP 60
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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. Happy Monday!    And happy COPing to those on the ground in Dubai!

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Queen's Speech: At a glance guide to the government's green legislation plans

Business Green

Planned legislation covering energy, transport, and a clamp down on environmental protests was unveiled in today's Queen Speech. Energy Security Bill.

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Decade of delivery: How can businesses help keep 1.5C alive at COP26?

Business Green

The latest report from the Energy Transitions Commission has set out a roadmap for how the world can move on to a 1.5C Meanwhile, global emissions are spiralling upwards again as the economy recovers and surging fossil fuel prices are driving fears that a new wave of high carbon infrastructure investment could yet be unleashed.