CO2

Finding creative ways to drive down the CAPEX and discounted OPEX and define a realistic pathway and schedule to full-scale commercial operations is discussed.

Carbon credits, carbon taxes, and emissions trading systems are familiar terms in discussions about global warming, the Paris Agreement, and net-zero emissions goals. The EU is moving to act on an addition to the glossary of climate policy: carbon tariff.

Trying to stay up to date about developments aimed at energy transition efforts in our industry? This roundup of newsmakers is a sampler of some recent announcements.

Carbon dioxide levels are now higher than at any time in the past 3.6 million years.

The Great Plains Synfuels Plant in North Dakota has now captured 40 million metric tons of carbon dioxide, a milestone in the synthetic natural gas production facilities’ 20-year effort to lower the impacts of energy production.

The new tool offers global insights for tracking the progress in the transition to low-carbon energy systems.

Winning innovators focused on environment, safety, and operational efficiency.

Although based on “intensity” and not “absolute” emissions, oil giants say it’s a step toward net-zero goals for 2050.

An independent study pegged the cost of the project at about $2.6 billion, 80% of which Norway’s government planned to fund. The ministry said there is uncertainty about Northern Lights’ benefits and that it could prove to be unprofitable.

A billion-dollar fund will be available for innovations in flare minimization, venting elimination, fugitive-emissions reduction, and complete combustion.