Tag: Carbon Emissions

CO2 Markets & Reforestation

Guyana Oil Exploration

Oil Exploration on the Rise in the Guyana-shield

eyesonsuriname Amsterdam, 1 Feb 2024– The global upstream industry is eyeing a rebound in high-impact oil and gas drilling in 2024, with Africa and Latin America poised to be the driving forces behind these activities. According to Rystad Energy, a total of 36 high-impact wells are identified for drilling this year, marking the highest annual…
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Internal Doc Reveals Biden’s Troubling Climate Summit Plans

Internal Doc Reveals Biden’s Troubling Climate Summit Plans

Government memo suggests the Biden administration is angering allies by undermining strict standards for a new global carbon market. The United States and the European Union (EU) are usually close allies at the world’s annual climate negotiations — but according to internal documents obtained by The Lever, tensions have arisen between the two blocs in the run-up…
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Picture This: Carbon Emissions Worldwide
Indonesia Launches Construction Of Pioneering Carbon Storage Project

Indonesia Launches Construction Of Pioneering Carbon Storage Project

Indonesia marked a significant milestone on Friday as President Joko Widodo launched the construction of the country’s first carbon capture, utilization, and storage (CCUS) project in West Papua province. This pioneering project, operated by global energy major BP (LON: BP), has the potential to sequester up to 1.8 gigatons of carbon dioxide (CO2), according to a statement…
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EU Parliament Approves The Carbon Removal Certification Framework And Net Zero Industry Act

EU Parliament Approves The Carbon Removal Certification Framework And Net Zero Industry Act

The European Parliament voted on November 21st in a plenary session on long-awaited and debated climate policies. The Parliament has approved the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA), demonstrating its support for scaling up carbon dioxide removal (CDR) capacity in the EU – part of the bloc’s strategy in…
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Big Oil’s Favorite Climate Change Solution

Big Oil’s Favorite Climate Change Solution

This year’s United Nations climate summit will be the biggest in history–and the first held in a major petrostate. Host United Arab Emirates wants to bring the fossil fuel industry into the climate fold, but to make that happen requires wide deployment of carbon capture and storage. Proponents argue the new technology could help preserve…
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New satellite that will track Co2 emissions from space

New satellite that will track Co2 emissions from space

So far, satellites are being used to help tackle the climate crisis, but these satellites are only detecting methane. This new satellite, developed by Canadian company GHGSat has been designed specifically to detect carbon emissions from space, in order to identify the worst polluters. The satellite will be able to detect emissions from places like…
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Kim Stanley Robinson

Kim Stanley Robinson: The Ministry for the Future

Uniting science and politics, and giving voice to our most ardent hopes and our worst fears, American climate fiction pioneer Kim Stanley Robinson’s book ‘The Ministry for the Future’ is a gripping portrayal of a world grappling with the devastating consequences of climate change and the urgent actions needed to forge a sustainable future. In…
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Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia Carbon Trading Deal

Singapore and Indonesia have entered into a Memorandum of Understanding (MoU) regarding climate change and carbon credits.  Currently, Singapore is the center of commodity trading in Asia. Indonesia is among the biggest carbon credit suppliers in the region. It is also home to one of the earth’s biggest rainforests.  The agreement between the two countries allows them…
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Marine Carbon Dioxide Removal

Funding for Energy related projects

Amsterdam, Nov 2nd 2023– The U.S. Department of Energy (DOE) announced that they will be awarding $36 million to 11 projects, spread over 8 states.  This has been done in order to drive forwards the Biden-Harris Administration’s efforts and to accelerate the development of marine carbon dioxide removal (mCDR). The funding for these projects comes…
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