carbon capture and storage News

Climate Engineering Companies Aim to Curb Global Warming with Science

Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet. Backers say the risky, often …

10 Oil & Gas Bosses Seek to Improve Image Before Climate Change Summit

Oil and gas industry bosses called for an “effective” agreement at the United Nations climate change summit in December, recognizing that current greenhouse gas emissions were inconsistent with the goal of limiting global warming. The leaders of 10 companies said …

Shell: Insurers May Be Reluctant to Underwrite Carbon Capture Projects

Projects to capture carbon emissions from power plants and store them permanently underground face “large risk premiums” from insurers because the technology is so new, Royal Dutch Shell plc said. “Insurance will be able to address only part of the …

High Cost Hinders Progress of Carbon Capture As Climate-Change Fix

Scientists know only two credible ways to prevent temperatures from rising to dangerous levels: stop burning fossil fuels or capture and bury the carbon dioxide byproduct before it gets into the atmosphere. The second idea, known in the trade as …

Time Running Short to Avert Worst Effects of Climate Change

Governments can keep climate change in check at manageable costs but will have to cut greenhouse gas emissions to zero by 2100 to limit risks of irreversible damage, a U.N. report said on Sunday. The 40-page synthesis, summing up 5,000 …

Extracting Carbon from Nature Can Aid Climate, but Will Be Costly: UN Report

A little-known technology that may be able to take the equivalent of China’s greenhouse gas emissions out of the carbon cycle could be the radical policy shift needed to slow climate change this century, a draft U.N. report shows. Using …