Remove Carbon Remove Climate Change Remove CO2 Remove Cost Of
article thumbnail

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

Tax 397
article thumbnail

Santos reports successful CO2 capture and storage injection trial in Moomba CCS project

Green Car Congress

Australia-based natural gas company Santos has successfully injected approximately 100 tonnes of carbon dioxide deep underground into depleted gas reservoirs as part of the final field trial for the Moomba Carbon Capture and Storage (CCS) Project. —Kevin Gallagher.

CO2 243
article thumbnail

GTI quantifies opportunity to produce low-carbon renewable natural gas (RNG) from wood wastes

Green Car Congress

GTI has released a site-specific engineering design titled “ Low-Carbon Renewable Natural Gas (RNG) from Wood Wastes ”. The RNG product with very low carbon intensity could be used for carbon emission reductions in the transportation, industrial, commercial, and residential energy sectors.

Waste 281
article thumbnail

Study finds carbon capture & storage could be financial opportunity for conventional ethanol plants

Green Car Congress

The analysis combines process engineering, spatial optimization, and lifecycle assessment to consider the technical, economic, and institutional feasibility of near-term carbon capture and sequestration (CCS). An open-access paper on the work is published in Proceedings of the National Academy of Sciences (PNAS). —Sean McCoy.

Carbon 218
article thumbnail

CO2 Solutions’ enzymatic carbon capture technology performance exceeds targets in oil sands project

Green Car Congress

an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. CO 2 Solutions’ process.

Oil-Sands 240
article thumbnail

GWU team develops low-cost, high-yield one-pot synthesis of carbon nanofibers from atmospheric CO2

Green Car Congress

Stuart Licht at The George Washington University in Washington, DC has developed a low-cost, high-yield and scalable process for the electrolytic conversion of atmospheric CO 2 dissolved in molten carbonates into carbon nanofibers (CNFs.) Now, the team, which includes postdoctoral fellow Jiawen Ren, Ph.D.,

Low Cost 150
article thumbnail

IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The costs of operating existing coal power plants across the United States and many European power systems were considerably lower than those of gas power plants for the majority of 2021.

Emissions 370