article thumbnail

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

DeSmogBlog

It requires a lot of energy to run capture facilities and compress the carbon dioxide gas for transportation to where it is injected underground or used in other processes,” said Stockman. β€œIt It is, therefore, both an energy and money drain on our economy that is unnecessary for most of the energy services we require.”

article thumbnail

COP27: A quick guide to common terms

Business Green

Conference of the Parties (COP). COP is the decision-making body responsible for monitoring and reviewing implementation of the UNFCCC. Energy transition. This refers to the global energy sector's shift from energy consumption and production based on fossil fuels to low carbon sources. Glasgow Climate Pact.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pennsylvania Lets Polluter Resume Drilling in Protected Zone, Outraging Residents in Fracking’s β€˜Ground Zero’

DeSmogBlog

On November 29, Coterra Energy and the Pennsylvania Department of Environmental Protection (DEP) signed a consent order allowing the operator, one of the largest natural gas producers in the state, to drill laterally beneath an area that has been mostly fracking-free since 19 households found methane in their water in 2008 and 2009.

article thumbnail

Could COP26 be the 'beginning of the end' for oil and gas?

Business Green

Saudi Arabia and Australia are assumed to be working hard to strip any mention of fossil fuels from the final text, in line with COP tradition, while reports this afternoon indicated China was fiercely opposed to any mention of a coal phase out. depends on new oil, gas or coal projects.

article thumbnail

Could COP26 be the 'beginning of the end' for oil and gas?

Business Green

Saudi Arabia and Australia are assumed to be working hard to strip any mention of fossil fuels from the final text, in line with COP tradition, while reports this afternoon indicated China was fiercely opposed to any mention of a coal phase out. depends on new oil, gas or coal projects.

article thumbnail

Forget 2050: As COP26 Starts, Five Immediate Priorities for Oil and Gas

EDF + Business

Blanton, a Senior Research Scholar at the Center on Global Energy Policy , and Ben Ratner, Associate Vice President at EDF. For all the attention to corporate net zero by 2050 commitments, the reality is that actions in this decade will be decisive for both the planet’s warming trajectory and energy firms’ viability in the energy transition.

Methane 57
article thumbnail

? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  Ship Orders  Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the  world’s first clean ammonia-powered container ship. Fortescue unveiled a green ammonia dual-fuel ship at COP. Startup Amogy converts ammonia to hydrogen onboard fuel cell-powered vehicles.