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European Commission Releases a Communication on Sustainable Carbon Cycles, Highlighting Carbon Removal Objectives
European Commission Releases a Communication on Sustainable Carbon Cycles, Highlighting Carbon Removal Objectives

16th December 2021

In support of the European  Green Deal, the European Commission has issued a communication outlining its carbon removal objectives and principles. Along with reiterating a continued commitment to reduce the use of fossil carbon, the...

Four CCS Projects to be Funded through the EU Innovation Fund
Four CCS Projects to be Funded through the EU Innovation Fund

17th November 2021

The Institute welcomes the €1.1 billion funding announcement by the European Union to develop seven large-scale innovation projects, which will include support towards carbon capture and storage (CCS) projects. The investments will be granted through...

US Congress Passes Bill with the Single Largest CCS Infrastructure Investment Ever
US Congress Passes Bill with the Single Largest CCS Infrastructure Investment Ever

10th November 2021

Last Friday, 5 November, the U.S. House of Representatives passed the Infrastructure Investment and Jobs Act: the same bill that was passed by the U.S. Senate with bipartisan support in August. The bill contains the...

Media Coverage: The Global Status of CCS 2021
Media Coverage: The Global Status of CCS 2021

5th November 2021

The Global Status of CCS 2021 report was released on 12 October 2021, with key findings covered by media outlets globally. In the three weeks since the Report’s release, it has been downloaded 3,000 times...

Santos Announces Final Investment Decision on Moomba CCS Project
Santos Announces Final Investment Decision on Moomba CCS Project

1st November 2021

Santos and Beach Energy have announced a final investment decision to proceed with the Moomba carbon capture and storage (CCS) project in South Australia. Santos CEO, Kevin Gallagher, said the investment decision was an important...

European Commission Launches the Second Call for Projects Under the Innovation Fund
European Commission Launches the Second Call for Projects Under the Innovation Fund

26th October 2021

The Global CCS Institute welcomes the Europe Commission’s launch of the second call for projects under the Innovation Fund. Financed through revenues of the EU Emissions System (EU ETS), the Innovation Fund will see €1.5...

Australian Government Announces $150m for Additional Hydrogen Hubs
Australian Government Announces $150m for Additional Hydrogen Hubs

20th September 2021

The Australian Government today announced $150 million in funding for two additional hydrogen hubs under the Clean Hydrogen Industrial Hubs program. The program has already committed $1.2 billion for hydrogen. There are now seven prospective locations...

US Senate Advances Bipartisan Infrastructure Package with Significant Provisions for CCS
US Senate Advances Bipartisan Infrastructure Package with Significant Provisions for CCS

11th August 2021

The U.S. Senate has advanced the bipartisan Infrastructure Investment and Jobs Act by a vote of 69-30. The package, which contains significant provisions for carbon capture and storage (CCS), is broadly viewed as an important...

IPCC Releases Sixth Assessment Report, Working Group I
IPCC Releases Sixth Assessment Report, Working Group I

9th August 2021

The Intergovernmental Panel on Climate Change (IPCC) has published the Sixth Assessment Report from Working Group 1 on the Physical Science Basis of climate change. The report, stating that it is “…unequivocal that human influence...

China Carbon Trading Market Opens
China Carbon Trading Market Opens

16th July 2021

Trading has commenced on China's national carbon emissions trading scheme (ETS) or the China Carbon Trading Market. In pursuit of carbon peaking by 2030 and neutrality by 2060, the ETS is a market mechanism which,...

European Commission Releases New ‘Fit for 55’ Climate Package
European Commission Releases New ‘Fit for 55’ Climate Package

15th July 2021

The European Commission has unveiled its latest climate package, ‘Fit for 55’, further paving the path to reduce emissions in the EU by at least 55% by 2030. The package is geared to support the...

Australian Government Progressing Inclusion of CCS in Carbon Credits Market
Australian Government Progressing Inclusion of CCS in Carbon Credits Market

29th June 2021

The Australian Government has today released a public consultation of a draft carbon capture and storage (CCS) method for the Emissions Reduction Fund (ERF). The proposed method will enable CCS projects - which capture and...

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