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carbon capture usage and storage

Blue is not the new green

A new study from Stanford University and Cornell University shows that blue hydrogen can produce more greenhouse emissions than heat produced by coal and gas. The modeling classifies blue hydrogen emissions as carbon dioxide and unburned fugitive methane, as well as lifecycle emissions linked to the mining, transport, storage, and use of methane.

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Incentives crucial to avoid green, blue, and even purple hydrogen fading to grey

An Anglo-German report has suggested the environmentally-friendly desire to use only clean power to produce hydrogen, outlined by nations such as Germany, could end up being more emissions-heavy than the more pragmatic embrace of blue hydrogen under consideration in the U.K.

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IFC says green recovery could drive $2.5tn renewables market this decade

The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.

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BP’s latest green pledge includes fossil fuel assets sell-off

The British energy company has pledged to raise investment in low-carbon energy – including biomass and natural gas-fired hydrogen – tenfold by 2030 and said it would reduce its upstream oil and gas activity 40% over the same period.

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