The liquefied CO2 (LCO2) carrier Northern Pioneer of Northern Lights (Image credit: AFP) Norway on Tuesday launched a flagship carbon capture and storage (CCS) project, a technology seen as crucial to curbing climate change but struggling to find a viable economic model.Bearing the English name for the Vikings’ wooden ships, the Longship project involves capturing […]
LONDON: Member states of the International Maritime Organization have voted in favour of a global pricing system to help curb maritime carbon emissions, the UN shipping body announced Friday.From 2028, all ships will be required to use a less carbon-intensive fuel mix or face financial penalties, the IMO said.The carbon pricing measure must now be […]
As of April 1, the federal consumer carbon price in Canada comes to an end, and Canadians may see a noticeable change at the gas pump. Patrick De Haan, head of petroleum analysis at GasBuddy.com, shared with Global News that the cessation of the carbon tax could lead to a significant decrease in gas prices. […]
