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Environment

Japan's carbon pricing scheme being launched in April

Japan, the world's fifth-biggest CO2 emitter, will begin a carbon pricing scheme in stages from April to encourage companies to curb emissions and achieve its goal of carbon neutrality by 2050.

Norway awards offshore licenses to explore for CO2 storage

Norway said it has awarded two licenses to explore for carbon dioxide storage sites in the North Sea - one to Aker BP and a partner, and another to Germany's Wintershall Dea and its partner.

Carbon storage projects across Europe

Efforts to remove carbon dioxide emissions from industry and store them underground have gathered pace across Europe over the past few years as countries scramble to meet climate goals.

Italy's Eni involved in five UK carbon capture projects

Italy's Eni said it was involved in five carbon capture projects selected by Britain in a first group of initiatives worth $25-B of government funding.

Neste completed second series of runs at its Porvoo refinery

Neste has successfully concluded its second series of industrial-scale processing runs with liquefied waste plastic at its refinery in Porvoo, Finland.

Qantas, Airbus to invest in Australian biofuel refinery

Qantas Airways Ltd and Airbus SE will jointly invest $1.34 MM in a biofuel refinery being set up in Australia's Queensland state that would convert agricultural by-products into sustainable aviation fuel.

Shell puts a stop to Singapore biofuels, base oil projects

Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.

Honeywell to support world’s largest renewable fuels plant in Panama

Honeywell announced that SGP BioEnergy will implement Honeywell’s Experion System Technology at its Golden City Biorefinery in Colón, Panama.

United announces $15-MM investment in carbon capture company Svante

United announced its $15 MM investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from industrial emission sources into sustainable aviation fuel.

Portugal's EDP to stick with EV charging target after EU e-fuel compromise

Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.