Chevron's Gorgon CCS project has delivered a significant cut in the company's greenhouse gas emissions, despite technical difficulties, while fellow LNG company Inpex has become a top-10 emitter.
As well as giving shareholders an annual vote on its energy transition progress, Shell will allocate US$100 million annually to nature-based carbon offsets, and has set an ambitious CCS target.
Santos doesn't intend linking its Moomba carbon capture and storage proposal to oil recovery, and says the project won't run into the problems encountered by Chevron at its Gorgon site.
There are one or two potential Australian CCS developments where the technology roadmap cost target might be met, and the goal for cheap energy storage could be achieved by 2028, say industry experts.
South Australia should try to join California's emissions trading scheme, according to a new briefing commissioned by the state government and prepared by climate economist Ross Garnaut.
The global GDP costs of reaching net-zero by 2050 would be trivial, but emissions reduction technologies will be particularly expensive for three sectors, says a new report from a coalition of energy producers and users.
Energy and Emissions Reduction Minister Angus Taylor has appointed a carbon capture and storage expert to the body that advises him on new ERF methods for earning carbon credits.