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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...

Australian Government Announces CCUS Development Fund Recipients
Australian Government Announces CCUS Development Fund Recipients

8th June 2021

The Australian Government has announced the six successful applicants of the CCUS Development Fund. The $50m fund - part of the Government's $1.9n new energy technology package - seeks to accelerate the development and deployment...

Global CCS Institute Membership Reaches 100
Global CCS Institute Membership Reaches 100

26th May 2021

The Global CCS Institute is pleased to announce that its membership now includes 100 organisations. This significant milestone caps off 24 months of robust growth in which membership has increased a remarkable 69% from 59...

Australian Federal Government Signs Energy and Emissions Reduction Agreement with South Australia
Australian Federal Government Signs Energy and Emissions Reduction Agreement with South Australia

18th April 2021

The Australian Federal Government and the South Australian Government have signed a $1.08 billion State Energy and Emissions Reduction Deal. The aim of the agreement is to deliver affordable, reliable power to South Australia, unlock...

UK Government Launches New Industrial Decarbonisation Strategy
UK Government Launches New Industrial Decarbonisation Strategy

18th March 2021

The UK government has announced the launch of a new Industrial Decarbonisation Strategy that will see £171 million put towards hydrogen and carbon capture and storage (CCS) projects. The dedicated £171 funding is part of...

Australian Government Opens CCUS Development Fund
Australian Government Opens CCUS Development Fund

1st March 2021

The Morrison Government today has opened the $50 million Carbon Capture, Use and Storage Development Fund. Select carbon capture projects will get a boost from the fund, which aims to attract private sector investment. CCS...

Institute Gains PSO Observer Status to the Green Climate Fund
Institute Gains PSO Observer Status to the Green Climate Fund

9th February 2021

The Global CCS Institute is now an accredited observer to the Green Climate Fund (GCF) as a Private Sector Organisation (PSO). Established by the United Nations Framework Convention on Climate Change (UNFCCC) in 2010, the...

United States to Rejoin the Paris Agreement
United States to Rejoin the Paris Agreement

21st January 2021

US President Joe Biden has signed an executive order that will reinstate the United States in the international Paris Agreement. The order, signed on President Biden’s first day in office, will take thirty days to...

Topic(s): Paris Agreement, United States

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