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U.S. DOE Launches Voluntary Carbon Dioxide Removal Purchasing Challenge
19th March 2024
The U.S. Department of Energy (DOE) Office of Fossil Energy and Carbon Management (FECM) has released a Notice of Intent for a new initiative designed to increase voluntary purchases of high-quality carbon dioxide removal (CDR)...
Germany Launches New Subsidy Scheme to Drive Industrial Decarbonisation, New Incentives for CCS
16th March 2024
On 12 March, the Germany’s Federal Ministry for Economic Affairs and Climate Protection (BMWK) announced a new industry decarbonisation subsidy scheme, launching a funding program through Climate Protection Contracts, also known as Carbon Contracts for...
U.S. Department of Treasury Releases Final Rules for Tax Credits Related to Inflation Reduction Act
16th March 2024
On Tuesday, March 5, 2024, the U.S. Department of Treasury released final rules concerning tax credits related to the Inflation Reduction Act, including section 45Q (carbon oxide sequestration) and section 45V (production of clean hydrogen)...
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13th March 2024
Jundai Koketus
13th March 2024
Larry Haack
12th March 2024
Julia Braun
12th March 2024
UK Spring Budget 2024 Allocates New Funding to Further Boost CCUS Deployment Across the Country
8th March 2024
On Wednesday 6 March, the UK Chancellor Jeremy Hunt presented to the House of Commons the government’s Spring Budget for 2024. Among the measures envisaged in the budget to strengthening the country’s green industry and...
Siddhartha Varshney
7th March 2024
Siddhartha Varshney
7th March 2024