Maritime ships carry nearly 80 per cent of the world’s trade, by volume. This makes it not only essential to the global economy, but a major contributor to carbon emissions. Now, an increasing number of countries are exploring technologies that could change that. Some countries are also looking at hydrogen-based fuels as an option. Other countries […]
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Using technology to solve environmental issues epitomises billionaire entrepreneur Elon Musk. By developing electric vehicles, battery products and solar energy products, the world’s richest man has helped accelerate the transition to sustainable energy. He intends to use half of his USD $168.6 billion fortune “to help problems on Earth and half to help establish a […]
As concern about climate change has risen up the public agenda, discussion about possible solutions to climate change, such as carbon capture technology, has also increased. In 2018, the global Intergovernmental Panel on Climate Change (IPCC) said that “the potential of CO2 capture and storage is considerable”. But it also added that its success depends […]
Carbon capture and storage could become a USD $1 trillion energy investment opportunity, according to Bank of America. As the world begins to grapple with climate change, investment into CCUS technologies has shot up. But, which notable publicly traded carbon capture companies are capitalising on this trend? Can start-up companies compete in this growing market? […]
In January 2021, Elon Musk tweeted that he would donate USD $100 million towards a prize for the best carbon sequestration technology. The announcement by Tesla’s co-founder made headlines around the world. Furthermore, it also illustrated a growing interest in carbon capture and sequestration. This is the process of removing carbon dioxide from the air […]
Carbon and agriculture All regions of Europe are vulnerable to climate change, but some regions will be more affected than others. The Southern Hemisphere is predicted to be especially affected by climate change, as this is where the most negative impacts are expected. The region is already experiencing a sharp increase in heat extremes and […]
Governments are currently promoting the development of industrial-chemical subsidies for CO2 capture on the premise that this will allow us to continue burning fossil fuels without harming the climate. But, the two most commonly used methods, which taxpayers finance, emit more CO2 into the air than they remove. Carbon capture and storage Carbon capture and […]
Artificial is a term that we typically take to mean fake. So why is it being used to prefix a vital process? And how does artificial carbon sequestration work? Indeed, artificial carbon sequestration is a phrase being tossed around all the more frequently these days, be it on the evening news or within classrooms. It […]
What are CO2 removal technologies? CO2 removal technologies aim to remove carbon dioxide from the atmosphere.1. They can also be referred to as NETs (negative emissions technologies)2. The IPCC (Intergovernmental Panel on Climate Change) identified NETs as requisite for limiting global temperature rise to 1.5C without overshooting targets3. The European Academies’ Science Advisory Council have […]
Carbon capture technology companies are central to meeting the aims of the Paris Agreement. 195 countries signed the Paris Agreement in 2016, committing them to keeping the global temperature rise to below 2 degrees Celsius above pre-industrial levels and to limiting the temperature increase to 1.5 degrees Celsius. Fundamental to curbing the temperature rise is […]
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