Indonesia allows storage of foreign CO2 to boost carbon capture sector

Indonesia has issued new regulations on carbon capture and storage (CCS), under which CCS operators can earmark 30 percent of their total storage capacity for imported carbon dioxi...

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Daily Shorts: BlackRock backs Oxy's DAC project, Rivian ups EV production, and more

US electric vehicle maker Rivian Automotive raised its forecast for full-year production to 54,000 units, an increase of 2,000 units. The Amazon-backed company also said it would e...

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IIT researchers crack CO2-to-CO method that could help decarbonize industry

India has granted researchers at IIT Bombay a patent for technology that converts CO2 into CO or carbon monoxide, in a process that holds huge potential for carbon capture and ener...

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Canada becomes first G20 nation to detail wind-up of fossil fuel subsidies

Canada has clarified that the assessment framework will not revoke multi-year subsidies already in place. Image: Pexels

Canada has released an assessment framework for eliminating fossil fuel subsidies, becoming the first member of the G20 to deliver on the grouping's 2009 announcement to undertake ...

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UAE bats in favor of fossil fuels, suggests cutting emissions instead

The United Arab Emirates has pushed back in favour of conventional sources of energy, suggesting countries agree to phase out emissions rather than fossil fuels. Countries should a...

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