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The UK’s North Sea Transition Authority Issues 20 Carbon Storage Licenses
19th May 2023
The UK Government’s North Sea Transition Authority (NSTA) has issued carbon storage licenses in the North Sea for the first time, awarding 12 companies with 20 licenses. This move builds on the government’s £20 billion...
European Parliament Moves Forward with Several Climate Text Approvals, Including Sustainable Carbon Cycles
25th April 2023
The European Parliament (EP) has approved several key pieces of legislation that are part of the “Fit for 55” package that aims to reduce greenhouse gas emissions (GHG) in the EU by at least 55% by...
The Institute Facilitated a Capacity Building Working Visit for CCS Stakeholders in Europe
19th April 2023
Between the 27th and 31st of March 2023, the Institute, in collaboration with Heidelberg Materials, organised and facilitated a capacity building working visit of regulators, policymakers and experts involved in developing CCS projects in Bulgaria...
2023 Global CCS Institute All-hands Meeting: Collaborating for Impact
19th April 2023
In late March, teams across the Global CCS Institute met and gathered at our head-office in Melbourne to take part in an all-hands meeting. With new staff members joining the Institute over the past two...
CarbonX Program Launched to Advance Innovation and Development of Low-carbon Technologies, Including CCUS
7th April 2023
Tencent has launched the CarbonX Program to advance the innovation of low-carbon technologies, including carbon capture, utilisation and storage, and to promote the large-scale application of cutting-edge climate technologies by 2030. The Global CCS Institute...
The European Commission’s Net-Zero Industry Act Seeks to Drive CO2 Storage in Europe
19th March 2023
As part of the Green Deal Industrial Plan, the European Commission has proposed the Net-Zero Industry Act to support the clean energy transition. The legislation will seek to scale up technologies that will drive decarbonisation,...
Upcoming UK Spring Budget to Include £20 Billion Investment Towards CCS
13th March 2023
With the UK government set to release its Spring budget on 15 March, Chancellor Jeremy Hunt has stated that carbon capture and storage efforts in the UK will receive £20 billion in funding supports over...
Denmark’s Project Greensand Begins Groundbreaking Cross-border CO2 Injection
8th March 2023
In what is being marked as the world’s first cross-border offshore injection of CO2, Project Greensand has officially began its pilot operations today in Denmark’s North Sea. The CO2 injected was transported by ship from...
Recap: Global CCS Institute Asia Pacific Members Forum 2023
28th February 2023
22 - 23 February 2023, Darwin, Australia Over the week of the 21st of February, the Global CCS Institute hosted 160 members and delegates from across the Asia Pacific region at the Australia and Southeast...
The Danish Ministry of Climate, Energy and Utilities Grants First Full-Scale CO2 Storage Permits
6th February 2023
The Danish Minister of Climate, Energy and Utilities has granted the first three exclusive licenses for exploration of full-scale CO2 storage in the Danish North Sea. The licenses are the first of its kind and...
European Commission Presents a Green Deal Industrial Plan for the Net-Zero Age
2nd February 2023
The European Commission has released its Green Industrial Plan in an effort to further support climate neutrality targets, and heighten Europe’s growing net-zero industrial sector. Initiatives highlighted in the plan will be aligned with ongoing...
European Commission approves Danish scheme to support the roll-out of CCS in the country
13th January 2023
The European Commission has approved €1.1 billion to go towards a Danish scheme which will contribute to the roll-out of carbon capture and storage (CCS) technologies within the country. This measure confirms the crucial role...