News Commentary | February 09, 2021
Several months after announcing plans to reach net zero emissions by 2050, Occidental's low‑carbon venture arm has delivered 2 million barrels of carbon‑neutral oil via carbon offsets to account for life cycle emissions. This is not the first instance of carbon‑neutral fossil fuel shipments via ... Not part of subscription
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
News Commentary | September 02, 2021
Cemex invested an additional $8 million in Carbon Clean's Series B, bringing the total funding to $30 million. The two partnered in 2020 to develop carbon capture technologies tailored to the cement industry, and the new investment will see the deployment of Carbon Clean's technology in Cemex's ... Not part of subscription
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.
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