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Report: CCS capacity increased 33% in 2020

Green Car Congress

Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. In Asia Pacific, we saw national governments in China, Japan and South Korea commit to net-zero climate targets.

2020 332
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. LNG imports reached 482 billion cubic meters in 2019, up 13% from 2018, and while this figure is expected to fall by around 4.2% Low-carbon gas.

Gas 243
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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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The energy crisis in Europe and Asia this winter is a preview of what we can expect in the years ahead. More frequent boom-bust cycles will harm consumers and producers recovering from COVID, set back UN Climate and Sustainable Development goals and threaten global security. Investment slumped by 30% in 2020.

Price 416
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BASF co-locates battery materials plant and recycling center in Schwarzheide

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BASF CAM plant in Schwarzheide BASF says that the carbon footprint of its innovative cathode active materials is significantly lower than the industry benchmark due to BASF’s proprietary efficient production technologies, which include minimized energy consumption and a high proportion of renewable energy.

Batteries 195
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How EVs Are Reducing Carbon (CO2) Emissions

Blink Charging

As the world grapples with the pressing issue of climate change, it is evident that we need swift action to avert its worst impacts. One avenue to combat this crisis is a rapid reduction in carbon emissions from our daily transportation, one of the leading contributors of CO 2 emissions. Let’s not forget our carbon footprint.

Carbon 52
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Study finds shifts to renewable energy can drive up energy poverty

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Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee. 2019.05.024.

Renewable 292
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EIB awards €17M to QEV to advance zero emissions transport in developing countries

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E-mobility and R&D specialist QEV Technologies will receive €17 million from the European Investment Bank (EIB) for a variety of low-carbon transportation projects. By the end of 2019, QEV will supply a further 100 e-kits to GET in Manila as part of its global plans to produce around 10,000 e-kits per year, following the EIB investment.