News
News
May 06, 2024
Singapore launches new corporate lab for low-carbon technologies
Singapore has launched a $60 million lab to drive research and development in low-carbon technologies to help achieve net-zero emissions by 2050.
May 06, 2024
Researchers create device to consume CO2 to generate electricity
Australian researchers have built an electrical generator that consumes carbon dioxide, produces electricity, and emits no exhausts. They believe this technology could revolutionize industrial-scale carbon capture method.
April 25, 2024
EU offers $30 million for carbon removal project proposals
The European Commission has announced a $30 million call for proposals to provide funding support for carbon removal projects in the region.
April 23, 2024
Carbon capture can help reduce Singapore’s emissions, but huge challenges remain
The Singapore government has said that it will boost research and development in carbon capture and storage (CCS). However, to scale up the technology, there are still many obstacles, leading some question whether CCS can be a long-term solution.
April 10, 2024
Global oil giants plan to storage huge amounts of CO2 in Southeast Asia
Carbon dioxide storage is emerging as a potential multi-billion-dollar revenue stream for oil giants like Exxon Mobil and Shell, which are under pressure to rein in the unfettered burning of fossil fuels.
March 29, 2024
2025 World Expo Osaka to display carbon-capturing concrete dome
2025 World Exposition in Osaka will exhibit a dome made from a new form of carbon-capturing concrete, with the potential to make a huge impact in greening the construction sector, which currently make up for 40% of greenhouse emissions worldwide.
March 20, 2024
CCS market size projected to grow by 104.5 million tons by 2027
Carbon Capture and Storage market is forecasted to increase by 104.5 million tons from 2023 to 2027. Additionally, the market is expected to grow at a CAGR of 22.91% during the forecast period.
March 15, 2024
Singapore selects ExxonMobil, Shell for CCS project
Exxon Mobil and Shell have announced a collaboration with the Singaporean government to initiate a cross-border carbon capture and storage (CCS) project. The partnership aims to significantly dimmish Singapore's CO2 emissions.
March 08, 2024
Singapore to build world's largest ocean-based carbon capture plant
The National Water Agency along with the University of California, Los Angeles (UCLA), and the American startup Equatic, announced on Feb. 28 a $20 million investment to construct the largest-ever offshore carbon removal facility in Tuas, Singapore.
February 17, 2024
Singapore, Indonesia sign LOI on cross-border carbon storage
Singapore has become the first country to sign a letter of intent (LOI) with Indonesia on cross-border collaboration on carbon capture and storage (CCS) following a new Indonesian law to allow it.
