Tag: climate targets

IEA: Great incentives for CCUS investment needed

IEA: Great incentives for CCUS investment needed

In a new report, the International Energy Agency (IEA) has called for greater global incentives for investment into carbon capture, utilisation and storage (CCUS) to help the world meet is climate change goals. The agency found that commercial incentives for CCUS could significantly reduce global emissions in the near future. […]

New report: Energy prices higher than necessary

New report: Energy prices higher than necessary

The cost of energy in the UK for businesses and consumers is higher that it needs to be to meet the Government’s climate change targets, a report has found. The report by Professor Dieter Helm CBE said that consumers and businesses have been “locked in to higher renewable and other […]

India embraces advanced coal technology

India embraces advanced coal technology

India has committed to exploiting advanced ‘super-critical’ coal technology as the basis for meeting the country’s substantial energy demands, whilst also meeting ambitious climate targets. Energy minister Shri Piyush Goyal hailed the technology as he announced plans to phase out 11,000 MW worth of the oldest power plants over the […]

24-state coalition challenges Obama’s energy legacy

24-state coalition challenges Obama’s energy legacy

It has been reported that, this week, a 24-state strong coalition has urged the incoming Republican administration to withdraw from Obama’s ‘Clean Power Plan’ and take steps to ensure that similar legislation is prevented from taking shape in the future. The bi-partisan letter was penned by the West Virginia and […]

Report: CCS vital to hit climate targets

Report: CCS vital to hit climate targets

The Paris Agreement on climate change cannot be delivered without CCS. That is the conclusion of Global CCS Institute, as they publish their annual report on the current state of carbon capture technology. Their conclusions are essential reading for investors and policymakers alike. Cameron Hepburn, Professor of Environmental Economics at […]