July 20, 2016
Carbon Capture, Utilization, and Storage
Lack of Carbon Capture and Storage to Up UK Decarbonization Costs
S&P Global – July 20
CCS is essential to meet our 2050 climate change targets," EAC Chair Mary Creagh said in a statement. "It is critical that government establish a new strategy for supporting large scale deployment of CCS, as without it, the eventual bill for cutting our carbon emissions could be up to GBP30 billion more."
CCS in Power Generation Market to Grow at CAGR of 56.21% to 2020
NewsMaker – July 20
Research analysts forecast the global CCS in power generation market to grow at a CAGR of 56.21% during the period 2016-2020. Carbon capture and storage or storage (CCS) is one of the novel ideas that promises to aid this aspect by reducing the amount of carbon dioxide, which is released into the atmosphere during the operation of fossil fuel dependent industries such as power generation and oil and gas processing.
Shumlin Order Helps Businesses That Fight Climate Change
Washington Times – July 19
Vermont Governor Peter Shumlin has signed an executive order giving “favorable consideration” in awarding state contracts to businesses fighting climate change.
Scorching Heat is Driving Down Economic Productivity Around the World
Washington Post – July 19
The idea that heat and work productivity are intertwined is not a new concept, of course. Researchers have long studied whether the high heat in the southern U.S. hampered economic activity there, even as the North benefited from an industrial boom. More recently, researchers have begun increasingly to look at the issue through the lens of climate change.