Pessimism prevails about the future of carbon capture and storage in both the USA and EU. This is despite the fine promises that it was precisely this technology that would save the oil and gas industry.
A new global initiative wants to present a more persuasive argument for action on climate change by focusing on the economic benefits of doing so.
Norway said Friday it was abandoning its much-touted plans to capture carbon dioxide and store it underground to prevent emissions from escaping into the atmosphere.
Norway's ruling Labour party provoked outrage from environmentalists as well as coalition members Thursday after it opened the way for oil exploration near the scenic archipelago of Lofoten.
Norway on Monday inaugurated what it called the world's largest laboratory for capturing carbon dioxide, a leading strategy for fighting global warming.
Norwegian Prime Minister Jens Stoltenberg will join dozens of adventurers at the South Pole this week to mark the 100th anniversary of countryman Roald Amundsen's groundbreaking expedition to the frozen continent.