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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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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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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. "By

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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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? 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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COP26 sends a clear signal to businesses and investors

Business Green

Much of the media coverage following the conclusion of the COP26 summit in Glasgow focused on India and China's intervention to weaken the language around the phase out of coal power in the Glasgow Climate Pact. The Glasgow Climate Pact is clear: we are moving away from fossil fuels.

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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.