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Major Firms to EU: Adopt ‘Robust’ 2030 Climate Policies

Major Firms to EU: Adopt ‘Robust’ 2030 Climate Policies

Unilever, Ikea, Royal Dutch Shell, Coca-Cola Enterprises and General Electric are among the 57 global companies, funds and associations that have signed a letter to support a “robust 2030 energy and climate policy framework and energy security strategy that is fully in line with Europe’s long-term climate objectives and that … Read more »

Shell to Build CCS Project for Canadian Oil Sands Operation

Royal Dutch Shell announced it will build a $1.36 billion carbon capture and storage project to cut carbon dioxide emissions up to 35 percent at its 255,000-barrel-per-day oil sands upgrader in Canada. Shell said the CCS project, which should be completed by late 2015, will capture more than one million … Read more »

Policy & Enforcement Briefing: EU ETS, Solar Trade War, Talisman Reporting Fine

A European Commission analysis presented a draft proposal for the EU ETS to address the carbon allowance surplus – with options to withhold 400 million, 900 million or 1.2 billion allowances over the first three years of the market’s next phase beginning in 2013. The proposal will be debated by all … Read more »

Contract Wins: Shell-SSE CCS Deal, Siemens, Buckman, Duke U.

The Crown Estate, which manages business and housing properties, agricultural and forestry land as well as much of the seabed surrounding the UK for the monarchy, has agreed to allow Shell and SSE to permanently store carbon dioxide in the North Sea. The Crown Estate will lease an area in … Read more »