
November 16, 2023
BY Eni S.p.A.
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Canada and Alberta are advancing a proposed west coast oil pipeline and the Pathways carbon capture project, initiatives expected to reduce emissions, create about 175,000 jobs and attract more than $200 billion in investment.
Air Products is canceling its Louisiana Clean Energy Complex after determining the project would not meet its financial return requirements. The company expects to record up to $2.9 billion in pre-tax charges related to the decision and other clean energy project exits while moving ahead with a renewable ammonia marketing agreement with Yara tied to the NEOM Green Hydrogen Project in Saudi Arabia.
Deep Sky has issued North America's first independently certified direct air capture carbon removal credits from its Alberta facility. The credits, verified by Isometric and purchased by Microsoft and RBC, represent a milestone for the commercial deployment of durable carbon removal technology in the region.
Amazon has expanded its carbon credit service to the United Kingdom, giving eligible companies access to vetted carbon credits and procurement support for emissions reduction and offsetting as part of their net-zero strategies.
Ambuja Cements and Leilac Limited have partnered to develop a commercial-scale low-carbon cement project in Kutch. The project will test carbon capture and electrification technologies aimed at reducing emissions and coal use, with potential to capture more than 1 million metric tons of CO₂ annually if scaled up.