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U.S. Treasury releases proposed 45Q rule
U.S. Treasury releases proposed 45Q rule

30th May 2020

The U.S. Department of the Treasury has released proposed regulations for the implementation of the 45Q tax credits. A first part was released earlier this year. Read the proposed regulation. Read a Global CCS Institute...

Topic(s): 45Q

The European Commission puts forward major recovery plan
The European Commission puts forward major recovery plan

28th May 2020

The European Commission has put forward its proposal for a major recovery plan, "Next Generation EU". Among other instruments supporting the plan, the InvestEU investment program is to be upgraded, and a new Strategic Investment...

Topic(s): European Green Deal

Virtual Member Meeting in the US underscores continued CCS growth
Virtual Member Meeting in the US underscores continued CCS growth

23rd May 2020

On Wednesday, May 19th, the Global CCS Institute hosted a virtual North America Members meeting to stay connected with our membership during this time when in-person gatherings are not possible.    The convening provided all of the participants the opportunity to stay up to speed on CCS...

Topic(s): Members, US

Australian Government releases Technology Investment Roadmap Discussion Paper
Australian Government releases Technology Investment Roadmap Discussion Paper

21st May 2020

Minister for Energy and Emissions Reduction, Angus Taylor, today released the Technology Investment Roadmap Discussion Paper, aiming to deliver a "strategic and system-wide view to future investments in low emissions technologies". The release of the...

Topic(s): Australia, ccs, CCS Policy, COP 26

Australian Government accepts all CCS related recommendations from King Review
Australian Government accepts all CCS related recommendations from King Review

19th May 2020

In a positive policy development for the advancement off CCS in Australia, the Federal Government has accepted 21 of 26 recommendations of the Expert Panel examining additional sources of low cost abatement, and all relating...

Topic(s): Australia, ccs, Policy

Norway’s Flagship CCS Project Northern Lights Receives Green Light by Project Partners
Norway’s Flagship CCS Project Northern Lights Receives Green Light by Project Partners

16th May 2020

Oslo, Norway – The Global CCS Institute has welcomed the positive final investment decision by the project partners for Norway's flagship carbon capture and storage (CCS) value chain project Northern Lights. Northern Lights aims to...

Australian Parliament passes Bill providing framework for offshore CCS development
Australian Parliament passes Bill providing framework for offshore CCS development

15th May 2020

The Offshore Petroleum and Greenhouse Gas Storage Amendment (Cross-boundary Greenhouse Gas Titles and Other Measures) Bill 2019 was this week approved by the Australian Senate and is now awaiting royal assent. The bill amends the...

Topic(s): CarbonNet, CCS Project, Legal & Regulatory

Institute publishes new paper highlighting value of CCS to society and the economy
Institute publishes new paper highlighting value of CCS to society and the economy

13th May 2020

The Global CCS Institute published today an expert paper aiming to assess and redefine the value and full range of benefits of carbon capture and storage (CCS).The report demonstrates the positive society-wide benefits of the...

Topic(s): ccs, Value

U.S. Department of Energy Announces $131 Million for CCUS Technologies
U.S. Department of Energy Announces $131 Million for CCUS Technologies

29th April 2020

The Global CCS Institute welcomes the U.S. Department of Energy’s (DOE’s) Office of Fossil Energy's recent funding announcement of up to $131 million for carbon capture, utilization, and storage (CCUS) research and development (R&D) projects...

New Investment Agreement for CCS on Natural Gas Power Announced in the US
New Investment Agreement for CCS on Natural Gas Power Announced in the US

3rd April 2020

Starwood Energy Group Global, Inc. ("Starwood") announced today that it has finalized agreements with OGCI Climate Investments ("OGCI CI") to invest in the development of a large-scale carbon capture facility to be integrated with a...

Global CCS Institute CEO Meets with Members of Bipartisan Senate Climate Solutions Caucus
Global CCS Institute CEO Meets with Members of Bipartisan Senate Climate Solutions Caucus

6th March 2020

The Global CCS Institute CEO Brad Page met members of the bipartisan Senate Climate Solutions Caucus today to discuss the role of carbon capture and storage (CCS) in the global energy transition. The informational meeting served to inform about the...

Global CCS Institute participates in G20 events in Saudi Arabia
Global CCS Institute participates in G20 events in Saudi Arabia

5th March 2020

On behalf of the Ministry of Energy and the G20 Saudi Secretariat for the Presidency of the Kingdom of Saudi Arabia for the fifteenth meeting of the Group of Twenty (G20), Global CCS Institute General...

Topic(s): CCS Policy, Events, G20

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