Coal-Driven Steel Boom in India Risks $187B in Stranded Assets, Report Warns
India’s coal-based steel expansion faces $187 billion stranded asset risk, jeopardizing net-zero goals and global green steel leadership.
Indian Corporates Embrace Science-Based Targets to Propel Net-Zero Ambitions
Indian firms adopt science-based targets, driving net-zero efforts despite challenges in high-emission sectors like power and cement.
US’ Marsh, We2Sure Launch Insurance Facility to Tackle Fake Carbon Credits
The new facility will ensure businesses against the risk of purchasing counterfeit certificates, the sale of certificates for non-existent projects and theft.
UAE’s ADNOC, Oman’s 44.01 to Scale Up Carbon Mineralization Project
A groundbreaking partnership between ADNOC and 44.01 aims to transform CO2 into rock using peridotite formations.
US DOE, Tribal Nations Collaborate on Carbon Management and Clean Energy
The working group’s initial priorities include developing carbon capture, transport and storage infrastructure, besides mitigating methane emissions.
Japan’s Chubu Electric, Inpex Browse Eye Carbon Capture Value Chain with Australia
Chubu will assess the feasibility of capturing its carbon emissions in Japan and storing them in the Inpex’s project in Australia.
Onboard Carbon Capture has Potential to Decarbonize Shipping: GCMD
The technology could reduce the vessel’s carbon dioxide emissions by 20 percent per year with a retrofitting cost of just under 10 percent.
ExxonMobil Secures 271K Acres in Texas for Offshore CO2 Capture
This strategic move strengthens the company’s commitment to reducing emissions and contributing to a sustainable energy future.
CC&C Secures Swift Patent Approval for Revolutionary Carbon Capture Technology
The patent covers a adsorptive material and system architecture that allows for efficient CO2 capture at under $100 per metric ton.
NITI Aayog Sets Up Committees to Tackle CCUS Challenges
These initiatives were the outcome of a two-day workshop on “Legal & Regulatory Frameworks and Technical Considerations for Carbon Capture Utilization and Storage (CCUS)” held from Aug. 22-23 at The Oberoi, New Delhi.