LNG producers will aim to cut their carbon footprint

2021 ◽  
Keyword(s):  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Public And Private ◽  
Content Type ◽  
Sustainability Criteria ◽  
Net Zero ◽  
The Face ◽  
Lng Liquefaction ◽  
And Storage ◽  
Negligible Contribution

Significance The companies use carbon offsets in a bid to sustain demand in the face of rising concern about methane emissions, evolving sustainability criteria, the adoption of carbon net-zero targets and a decline in public sector funding for LNG supply chain infrastructure. They are also seeking to reduce the greenhouse gas (GHG) impact of their operations. Impacts Downstream LNG infrastructure projects will find it more difficult to raise public and private finance. Carbon-neutral LNG deliveries will make a negligible contribution to limiting climate change. The adoption of carbon capture and storage to cut emissions from LNG liquefaction will offer insights for other sectors.

EU’s green agenda will expose large divergences

2021 ◽  
Keyword(s):  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Clean Energy ◽  
European Countries ◽  
Lower Income ◽  
Public And Private ◽  
Content Type ◽  
Energy Technologies ◽  
Storage Technologies ◽  
And Storage

Significance The extent of their preparedness reflects a combination of willingness and ability. Willingness is evident in government policy and in the public's environmental consciousness and support for government targets and policies. Ability stems from wealth, both public and private, industrial expertise and the capacity to innovate. Impacts North European countries are likely to take a lead in hydrogen and carbon capture and storage technologies. Lower-income European countries will struggle to raise capital to invest in electricity transmission. Those countries able to develop deployable clean energy technologies will be better placed to offset the costs of transition.

Offshore wind ambitions will surge in northern Europe

2020 ◽  
Keyword(s):  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Job Creation ◽  
Offshore Wind ◽  
Northern Europe ◽  
Content Type ◽  
Northern European ◽  
Net Zero ◽  
Zero Carbon ◽  
And Storage

Subject Offshore wind in northern Europe. Significance Falling costs, the adoption of net zero carbon targets and a growing acceptance of the role ‘green’ hydrogen will play in natural gas decarbonisation have seen northern European countries’ raise their targets for new offshore wind capacity. Energy island concepts are being promoted to tap the resource further offshore. Denmark will build two energy islands as the centrepiece of its plans to deliver huge emissions cuts by 2030. Impacts Oil majors looking towards energy source diversification are likely to be attracted to offshore wind. It is unclear whether Carbon Capture and Storage projects will lose out to ‘green’ hydrogen production or be pursued in tandem. The offshore wind sector and its supply chains are likely to become an important source of new job creation.

scholarly journals The need for a Net Zero Principles Framework to support public policy at local, regional and national levels

2020 ◽  
Vol 35 (7) ◽  
pp. 627-634
Author(s):  
Karen Turner ◽  
Antonios Katris ◽  
Julia Race
Keyword(s):  
Public Policy ◽  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Economic Returns ◽  
Net Zero ◽  
Local Areas ◽  
Zero Carbon ◽  
Near Term ◽  
And Storage ◽  
Do So

Many nations have committed to midcentury net zero carbon emissions targets in line with the 2015 Paris Agreement. These require systemic transition in how people live and do business in different local areas and regions within nations. Indeed, in recognition of the climate challenge, many regional and city authorities have set their own net zero targets. What is missing is a grounded principles framework to support what will inevitably be a range of broader public policy actions, which must in turn consider pathways that are not only technically, but economically, socially and politically feasible. Here, we attempt to stimulate discussion on this issue. We do so by making an initial proposition around a set of generic questions that should challenge any decarbonisation action, using the example of carbon capture and storage to illustrate the importance and complexity of ensuring feasibility of actions in a political economy arena. We argue that this gives rise to five fundamental ‘Net Zero Principles’ around understanding of who really pays and gains, identifying pathways that deliver growing and equitable prosperity, some of which can deliver near-term economic returns, while avoiding outcomes that simply involve ‘off-shoring’ of emissions, jobs and gross domestic product.

Fault and top seals thematic collection: a perspective

2021 ◽  
pp. petgeo2020-136
Author(s):  
Quentin Fisher ◽  
Frauke Schaefer ◽  
Ieva Kaminskaite ◽  
David N Dewhurst ◽  
Graham Yielding
Keyword(s):  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Petroleum Reservoirs ◽  
Radioactive Waste Disposal ◽  
Content Type ◽  
Sealing Capacity ◽  
Wide Range ◽  
Research Findings ◽  
New Research ◽  
And Storage

Predicting the sealing capacity of faults and caprocks has been a long-standing uncertainty for those involved in the exploration, appraisal and development of petroleum reservoirs. In more recent years, interest in the topic has increased in a wide range of other applications, particularly those related to the decarbonization of our energy supply such as carbon capture and storage (CCS), radioactive waste disposal, geothermal energy production and underground energy storage (e.g. compressed air, hydrogen). Knowledge of how faults impact fluid flow is also important for management of drinking water supplies. To communicate new advances in research in these areas, the EAGE organized the first international conference on Fault and Top Seals in 2003. These conferences have continued to be held at roughly 4 yearly intervals and have brought together scientists from a wide range of disciplines to discuss new research findings and workflows relevant to predicting fault and top seal behaviour, as well as presenting case studies covering both successful and unsuccessful attempts to predict sealing capacity.Thematic collection: This article is part of the Fault and top seals collection available at: https://www.lyellcollection.org/cc/fault-and-top-seals-2019

Carbon capture rollout will hit global policy gap

2017 ◽  
Keyword(s):  
United States ◽  
Carbon Capture ◽  
Power Plants ◽  
Fossil Fuels ◽  
Carbon Capture And Storage ◽  
The United States ◽  
Paris Agreement ◽  
Industrial Facilities ◽  
Content Type ◽  
And Storage

Subject Carbon capture and storage technology. Significance Carbon capture and storage (CCS) is considered critical to achieving the ambitious reductions in greenhouse gas emissions set out in the 2015 Paris Agreement. CCS technology would allow power plants and industrial facilities to continue burning fossil fuels without pumping climate change-inducing gases into the atmosphere. However, deployment of CCS has been slow and the prospect of meeting the expectations placed upon it by the Paris climate negotiators is moving further out of scope. The recent cancellation of the Kemper CCS project in the United States is a bad sign for the future of the technology. Impacts Without faster deployment of CCS, many countries will struggle to meet their Paris Agreement emissions reduction pledges. If the rollout of CCS continues to falter, more wind and solar power will be needed to reduce carbon emissions. Absent a viable CCS model, it will be even more difficult to replace aged coal plants in the United States and other developed economies.

UK 2050 carbon objectives face huge challenges

2020 ◽  
Keyword(s):  
Wind Power ◽  
Energy Security ◽  
Carbon Capture ◽  
Carbon Capture And Storage ◽  
Offshore Wind ◽  
Major Area ◽  
Content Type ◽  
Hydrogen Technologies ◽  
Problematic Area ◽  
And Storage

Significance The country has made considerable progress in recent years on energy security and cutting emissions. However, achieving the 2050 target requires the development of a hydrogen strategy, a breakthrough on carbon capture and storage (CCS), significant electrification of transport, and a huge expansion of solar and wind power. Impacts Offshore wind again looks likely to be the main beneficiary of the government’s next CfD bid rounds. Hydrogen technologies appear set to become the next major area of innovation and growth within the renewables sector. CCS will remain a problematic area of development.

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