Published:
January 06, 2020
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Further Reading
Mitsubishi Corporation and Carbon Direct invest in CarbonCure
News Commentary | February 02, 2021
This announcement comes only a few months after CarbonCure received funds from Amazon's Climate Pledge Fund. This partnership can help CarbonCure further scale its technology within APAC, which is seeing a major increase in construction and concrete use, as well as cement (pun intended) CarbonCure's... Not part of subscription
Mining giant BHP and steelmaker POSCO establish “Low Carbon Project Committee” to invest in decarbonizing steel production
News Commentary | November 29, 2021
BHP committed $10 million over the next five years and signed an agreement with POSCO to explore pathways to reduce emissions from steelmaking. Apart from carbon capture and utilization, the companies plan to share research on hydrogen‑based direct reduction technology and the use of biomass — moss ... Not part of subscription
Shell establishes a joint venture to invest USD 1.6 billion for carbon credits in India
News Commentary | January 21, 2022
Through a joint venture with EKI Energy Services, Shell plans to invest USD 1.6 billion over the next five years to generate 115 million carbon credits through nature‑based solutions. While a proportion of the credits will offset Shell's operations, a portion of it will also be sold in the open ... To read more, click here.
by Holly Havel
Nearly a month after Repsol pledged its ambitions for net-zero emissions by 2050, Equinor has announced its new commitment to reach near-zero emissions at its onshore and offshore facilities in Norway by 2050. The Norwegian major will incorporate digitalization strategies and electrification projects to achieve a near-term reduction goal of 40% by 2030, while long-term goals out to 2050 will implement additional measures involving new technologies, such as carbon capture and storage and generating emissions-free hydrogen using natural gas. While this is a great first step, clients can expect to see further announcements from Equinor down the road as the major expands emissions reduction goals to its global oil and gas assets.
For the original news article, click here .