Aecius

Millions of methane wells around the world continue to seep methane gas for decades after the end of their working lives. And it's completely legal.

Norway's government announced today that it will finance two-thirds of the worlds first full-scale carbon capture and storage project.

Overconsumption and high-carbon transportation are exhausting the world's carbon budget -- and the rich are most responsible.

"The over-consumption of a wealthy minority is fueling the climate crisis, yet it is poor communities and young people who are paying the price," said study author Tim Gore.

Norway will finance two-thirds of a large-scale project to capture and store carbon dioxide - its second attempt to cut greenhouse gas emissions in a plan that was previously touted as the oil-producing country's moon landing.

Oxfam International and the Stockholm Environment Institute made the claim in a new report published on Monday (September 21).

The Norwegian government has presented a major funding package worth $1.8 billion to enable the large-scale implementation of carbon capture, transport and storage (CCS), a critical set of climate mitigation technologies.

It says it'll do it without offsets.

Norway said on Monday it would finance 16.8 billion crowns ($1.83 billion) out of an estimated total investment of 25.1 billion crowns for what could be the world's first full-scale carbon capture and storage (CCS) project.

Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.

Oil futures were little changed on Tuesday after sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases.

Oil rose in early trade on Tuesday, paring sharp overnight losses, as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases.

Texas Gulf Coast refineries, including the nation's largest, plan to continue normal operations through the passage of weakened Tropical Storm Beta, which is forecast to continue losing strength after coming ashore sometime on Tuesday, said sources and companies on Monday.

Oil prices plunged about 5% on Monday, weakening as rising coronavirus cases stoked worries about global demand and a potential return of Libyan production bolstered oversupply fears.

Oil prices fell on Monday, weakened by the possible return of Libyan production and as rising coronavirus cases stoked worries about global demand, although the market drew support as a tropical storm threatened to disrupt output in the U.S. Gulf of Mexico.

Oil prices fell on Monday, weakened by the possible return of Libyan production and as rising coronavirus cases stoked worries about global demand, although the market drew support as a tropical storm threatened to disrupt output in the U.S. Gulf of Mexico.

* GRAPHIC - China's imports of U.S. crude, LNG, coal: https://tmsnrt.rs/3hQcPsw

Oil prices edged higher on Friday, bolstered by bullish signals from an OPEC meeting this week, but gains were limited after a Libyan commander said a blockade on the country's oil exports would be lifted for a month.

Oil prices edged lower on Friday after Libyan commander Khalifa Haftar said a blockade on Libyan oil exports, which has been in place since January, would be lifted.

Oil prices rose for a fourth day in a row on Friday, putting crude on track for a weekly gain of about 10%, after Saudi Arabia pressed allies to stick to production quotas and banks including Goldman Sachs predicted a supply deficit.

A major tsunami in the northern Arabian Sea could severely impact the coastlines of India and Pakistan, which are studded with sensitive installations including several nuclear plants, says the author of a new study.

Social-justice crusaders deserve to be held to the same moral standards that they apply to corporations.

Britain is looking at funding options for the 17-18 billion pound ($22-$23 billion) Sizewell C nuclear plant that France's EDF <EDF.PA> is scheduled to build in eastern England, a spokesman for Prime Minister Boris Johnson said on Thursday.

Aside from a loss of potential jobs in Wales, there is no need for the government to be disappointed

Last weeks groundbreaking approval of the first-ever commercial small modular reactor in the United States fits a wider trend of private-sector leadership on nuclear innovation. We should strive to harness this further, and to remain optimistic about the future of nuclear energy in America.

The UK may take a direct stake in the new nuclear station should Chinese backers pull out.

Hitachi scraps plan for UK nuclear plant

Hitachi scraps UK nuclear power plant project

Crisis in sixth forms and further education mothers drinking may go on babys health file Wales nuclear power station cancelled

Scrapping of 16bn project on Anglesey down to lack of UK government investment in new nuclear, says union

Mini nuclear plants are almost here. Is the U.S. ready?

New nuclear reactors are important for clean power, but are hindered by intense regulatory schemes.

The long read: The Iuventa ran hundreds of missions to save migrants from drowning off the coast of Libya. But after Europe cracked down on migration, its crew found themselves facing prosecution

Police search off coast of Granite Island after after reports it was taking in water

A tugboat captain who helped push the ill-fated cargo ship Golden Ray from the docks as it left a Georgia seaport said Monday he observed only smooth travel before the giant vessel overturned.

Major cruise lines say they will test all passengers and crew for COVID-19 prior to boarding as part of their plan for resuming sailing in the Americas

A tugboat captain who helped push the ill-fated cargo ship Golden Ray from the docks as it left a Georgia seaport said Monday he observed only "smooth travel" before the giant vessel overturned.

SAVANNAH, Ga. (AP) A tugboat captain who helped push the ill-fated cargo ship Golden Ray from the docks as it left a Georgia seaport said Monday he observed only...

Kyzer Grant, 5, was being pulled behind a boat on a tube without a life jacket in August, the Cheboygan Count Prosecuting Attorneys Office said.

The male onboard is "seizing the boat under maritime law," the dispatch audio disclosed.

/PRNewswire/ -- Enerjisa Uretim , the leading power generation company in Turkey, signed a 650-million-Euro worth sustainability linked loan agreement with 7...

Beijings latestenergy policy will sharply increase wind and solar,but cant savethe climate on its own.

A roundup of business news from around the world.

Jason Kenney will be in office for the next three years and they promise to be tumultuous times. So he needs to consider how he can forge some kind of...

Net zero emissions by 2050 still not on the table but ‘clean’ hydrogen, ‘low carbon’ steel and CCS part of decade-long funding, Angus Taylor says <br>

Corporate climate commitments often involve paying into environmental projects to make up for an inability to truly achieve a clean footprint. The retail giant just set the bar higher. <meta property=

Big energy stocks have underperformed for years, so investors may have to dig deeper to find opportunities in the sector.

Green investments account for ~1% of $12 trillion pledged by major economies recovering from the pandemic, a report finds.

/PRNewswire/ -- The "Power Plant Control System Market -By Application, By Plant Type, and By Region - Global Industry Perspective, Comprehensive Analysis, and...

Californias failure to manage its forests so as to limit wildfires offset much if not all of the states expensive efforts to reduce its greenhouse emissions. Three charts from the California gove

The Netherlands must reduce carbon emissions by the end of the year, but can this be done? #UnreportedEurope

/PRNewswire/ -- Algix, a pioneering algae-based consumer products supplier and parent company of the BLOOM brand, today announced the results of their Q1/Q2...

Inside a row of warehouses in Seattle's industrial district, gleaming new air ducts hint at the state-of-the-art filtration systems, ready to help hundreds of people safely recuperate indoors from COVID-19 - and smoke-filled skies.

Aclima said the San Francisco Bay Area's skies were the worst on record during the recent wildfires that turned the skies orange.

During wildfires, nitrous acid plays a leading role--spiking to levels significantly higher than scientists expected, driving increased ozone pollution and harming air quality, according to a new study led by the University of Colorado Boulder and the Belgian Institute for Space Aeronomy.

Officials issued another smoke advisory for part of Southern California through Monday afternoon and parts of the Sierra Nevada have foul air quality.

After three blissful days of clear skies last week, wildfire smoke from the August Complex fires to the north in Mendocino County pushed into the Bay Area over the weekend and air quality levels were moderate across the region Monday morning.

Surgical masks and cloth face coverings may help protect others from you when it comes to the Covid-19 coronavirus. But they may not really protect you from wildfire smoke.

Portlanders are enjoying mild temperatures and fresh air Sunday.

As fire season burns hotter and longer, which increasingly results in hazardous air blanketing the West Coast, what's the risk for young children?

A Spare the Air alert hasn't been called for Sunday.

Smoke from wildfires burning in California, Oregon and Washington has blanketed the province, prompting respiratory health warnings.

As we approach the fall and winter, health experts recommend fewer shopping trips and more time indoors; here's what they say you should buy to be prepared.