Louisiana’s flagship university is allowing an oil company to participate in faculty research activities for five million dollars. Or, for $100,000, a company can participate in an investigation, with “robust” review powers and access to any resulting intellectual property. Those are the terms laid out in a standard document that Louisiana State University’s fundraising arm … Read more
Capturing carbon dioxide from the air or industries and recycling it may sound like a win-win climate solution. The greenhouse gas stays out of the atmosphere where it can warm the planet, avoiding the use of more fossil fuels. But not all carbon capture projects provide the same economic and environmental benefits. Some could even … Read more
The future of fossil fuels takes center stage at the United Nations climate summit in Dubai, with many activists, experts and countries calling for an agreement to phase out the oil, gas and coal responsible for warming the planet . On the other side: energy companies and oil-rich countries with plans to continue drilling well … Read more
By Valerie Volcovici (Reuters) -In Texas, oil and gas producer Occidental Petroleum is building a massive facility to suck 500,000 tons of carbon dioxide from the atmosphere annually to prevent the climate from warming, a project backed by hundreds of millions of dollars in investment firm BlackRock. In Louisiana, a consortium of companies, including Switzerland’s … Read more
As government leaders and climate negotiators gather in Dubai for the United Nations COP28 climate conference, a huge challenge looms: decarbonizing the global industrial sector. In recent years, the industry has been responsible for more than 30% of total greenhouse gas emissions. It is the largest emitting sector when it comes to electricity consumption and … Read more