News
Carbon Management
July 19, 2023
New carbon capture tool for airport development to meet net zero
IATA, in collaboration with Atkins, has developed innovative digital tools for airports to estimate the embodied carbon associated with the construction of terminal buildings and aviation assets.
July 13, 2023Nvidia AI builds up carbon storage predictions 700,000X
Nvidia Corporation displayed its new approach to carbon capture and storage that scientists can utilize to accelerate carbon storage.
July 06, 2023Vietnam experiments on carbon capture and storage
Vietnam Petroleum Institute (VPI) and Smart Geophysics Solutions JSC (SGS) on June 26 jointly organized the "Test and Simulation of Carbon Capture, Utilization and Storage (CCUS)" international scientific conference.
June 29, 2023TotalEnergies, Petronas and Mitsui partner on CCS hub in Malaysia
Petronas said on June 28 that it has signed a development agreement with TotalEnergies Carbon Neutrality Ventures and Mitsui & Co. Ltd. to collaborate on a carbon capture and storage (CCS) project in Malaysia.
June 27, 2023Bumi Armada teams with Navigator to form carbon capture company
Navigator Holdings Ltd. and Bumi Armada Berhad have signed a deal to form a 50-50 joint venture-Bluestreak CO2 Joint Venture-to provide transport services for carbon emissions capture and storage in the United Kingdom.
June 19, 2023Uber’s greener rides to track CO2 savings
Uber, the American ride-hailing company, announced that customers will soon be able to track emissions avoided when choosing greener rides and have the option of shared rides in more cities to further reduce CO2 emissions.
June 14, 2023EU develops strategy to expand investment in capturing CO2
The European Commission is working on plans to speed up investment in capturing and storing CO2 emissions, it said on June 9, as the bloc prepares to cut its net greenhouse gas emissions to zero by 2050.
June 12, 20233D printing could be used to make carbon capture filters
New study from North Carolina State University showed that 3D printing may be used to create carbon capture filters.
June 07, 2023UN controversial document sparks global debate on carbon offsets
A draft document to define a new global carbon market released last month by the United Nations elevated nature-based solutions like planting trees while downplaying the role of carbon dioxide removal (CDR) via machines or other forms of technology.
June 06, 2023Carbon markets predicted to face short-term price dips
Despite forecasting near-term declines in carbon prices amid political and macroeconomic uncertainty, market participants are optimistic that reforms will push compliance market prices higher in the coming years and the voluntary carbon market will grow t