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Carbon captured in Chennai challenges Europe

Carbon captured in Chennai challenges Europe

The IEA’s top energy analyst has called for a massive ramping up of financial investment in carbon capture and storage as world leaders prepare to meet in Marrakesh for COP22. Samantha McCulloch, IEA CCS Energy Analyst said: “Financial support mechanisms are now urgently needed if we are to scale up […]

World’s largest oil and gas companies give $1bn to carbon capture

World’s largest oil and gas companies give $1bn to carbon capture

Today, carbon capture and storage took a large step forward with the investment by the world’s ten largest oil and gas companies. The CEOs and Chairmen of the company said in a joint declaration they would invest $1 billion over 10 years to reduce their emissions. Announcing the new Oil […]

BNEF Summit 2016: Asian demand for coal grows

BNEF Summit 2016: Asian demand for coal grows

World-leading energy expert and Founder of Bloomberg New Energy Finance (BNEF), Michael Liebreich has told BNEF’s conference in Shanghai that Asia’s demand for coal will continue to grow well into the future. BNEF Founder Michael Liebreich addresses Shanghai Summit. Photo credit: @LiebreichAssoc, 2 November 2015   He also pointed to […]

US Energy Secretary signals carbon capture future

US Energy Secretary signals carbon capture future

Ahead of the US elections next week, the United States Energy Secretary Ernest Moniz has signalled the country must use carbon capture and storage technologies.  The interview follows news that the world’s largest carbon capture and storage plant is to come online by the end of the year. The Petra […]

Batteries aren’t the answer

Batteries aren’t the answer

Every time you turn on a light that power has to be generated in real time, because electricity can’t be stored in large quantities. This is one of the main drawbacks of renewables: often they can’t generate the power needed because the sun isn’t shining isn’t or the wind isn’t blowing. […]

Canada captures 800,000 tonnes of CO2 from the air

Canada captures 800,000 tonnes of CO2 from the air

According to the latest IEA figures, coal produces 41% of global electricity production. The figures also state that coal-generated electricity will increase by 24% over the next 25 years. Given this, countries continue investing in coal-fired power as part of their energy mix but are taking action to mitigate emissions. The […]

Hydro dries up in Brazil, China steps in

Hydro dries up in Brazil, China steps in

Brazil is in the grips of a two-year long drought with some city reservoirs below 7% supply. The impact is being felt across industries especially the energy sector. Hydropower supplies 66 per cent of the country’s energy capacity, and with rains absent a reliable electricity supply is at serious risk.  […]

French election 2016: the frontier of Europe’s energy debate

French election 2016: the frontier of Europe’s energy debate

In three weeks, members of France’s centre-right Les Republicains party will choose their candidate for the 2017 presidential election – one frontrunner is former President Nicolas Sarkozy. Energy has played a central role in the debate over the Government’s record. Plans for a carbon tax were scrapped at the last […]