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DOE announces $110M for carbon capture, utilization, and storage projects

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A recent study by Science of the Total Environment found that DOE is the most productive organization in the world in the carbon capture and storage field. Under the first FOA award, Front-End Engineering Design (FEED) Studies for Carbon Capture Systems on Coal and Natural Gas Power Plants, DOE has selected nine projects to receive $55.4

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.

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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050. Source: BloombergNEF.

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Fuel provisions in the Tax Relief bill

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The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon gallon producer tax credit for small ethanol producers producing no more 60 million gallon of ethanol a year. gallon credit for small agri-biodiesel producers through 2011. Refined Coal.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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Federal Task Force Concludes CCS is Viable, But Carbon Price Is Critical; Sends Recommendations to President Obama on Fostering the Technology

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President Obama’s Interagency Task Force on Carbon Capture and Storage (CCS), co-chaired by the US Environmental Protection Agency (EPA) and the Department of Energy (DOE), delivered a series of recommendations to the president on overcoming the barriers to the widespread, cost-effective deployment of CCS within 10 years.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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These figures raise the pressing question of whether scarce government funds might be better allocated to move the United States towards a low-carbon economy. billion went to traditional sources—such as coal and oil—and $2.3 billion went to traditional sources—such as coal and oil—and $2.3 Adeyeye et al.

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