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The cash behind carbon removal: Big Oil, tech and taxpayers - Governors Wind Energy Coalition

The cash behind carbon removal: Big Oil, tech and taxpayers - Governors Wind Energy Coalition
governorswindenergycoalition.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governorswindenergycoalition.org Daily Mail and Mail on Sunday newspapers.

The cash behind carbon removal: Big Oil, tech and taxpayers

Post-COP26, How Green Can We Make Concrete?

Post-COP26, How Green Can We Make Concrete?
architectmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from architectmagazine.com Daily Mail and Mail on Sunday newspapers.

Bipartisan US bill proposes tax credits for carbon storage

Bipartisan US bill proposes tax credits for carbon storage May 27, 2021 1:25:pm Summary by: Daniel Graeber Posted in: Bipartisan US bill proposes tax credits for carbon storage A bipartisan measure drafted by US legislators fills the gap in tax legislation for credits on carbon capture, representatives said May 25. “This is a pivotal time in this country to address the existential climate crisis, and we must take an active role in meeting the moment,” Tim Ryan, a Democratic member of the House of Representatives for Ohio, said. “That means leveraging the might of the US government and the ingenuity and strength of American businesses to meaningfully lower US emissions.”

Factbox: Energy firms seize on carbon tech, environmental goals to build new businesses

By Reuters Staff 4 Min Read HOUSTON (Reuters) - Major energy companies are turning their carbon sequestration technologies and projects into business ventures, converting some efforts that help pump more oil and gas into profit-making ventures while burnishing their environmental reputations. The efforts could help big greenhouse gas emitters reduce their carbon emissions intensity and move closer to Paris Agreement climate change targets. Energy giants view these efforts as balancing customer demands for more oil and gas while fitting in a lower-carbon energy world. Carbon removal technologies will be necessary to limit the increase in planetary warming to no more than 1.5 degrees Celsius, the goal of the 2015 Paris Climate Agreement, the United Nations has said.

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