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DOE Makes First Awards from $1.4B for Industrial Carbon Capture and Storage Projects

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billion from the American Recovery and Reinvestment Act for the capture carbon dioxide from industrial sources for storage or beneficial use. Secretary Chu on Carbon Capture. Noting that coal accounts for roughly 25% of the world energy supply and 40% of the carbon emissions. million in Recovery Act funding and $22.5

Carbon 210
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Perspective: The UN Approval Process for Carbon Offsets

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Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. The approval process for carbon offsets has two goals. This concept is often called “additionality.”

Carbon 255
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DOE to Award $106M to Six CO2 Conversion Projects; $156M in Matching Private Funding

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The US Department of Energy has selected six projects for funding that aim to find ways of converting captured carbon dioxide emissions from industrial sources into useful products such as fuel, plastics, cement, and fertilizers. The six projects were initially selected for a first-phase funding in October 2009 as part of a $1.4

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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. This concept is often called “additionality.” coal-fired power plants) would either be required by the emissions cap.