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They intend to carry out a collaborative feasibility assessment of capturing carbon onboard as well as engineering design and construction of the carbon capture unit
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On Sunday, wind produced nearly 40% of British electricity, according to the latest National Grid ESO figures
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Both the companies have a shared goal of accelerating the development of a functioning marketplace for CCUS and believe the combined technical expertise will allow to further strengthen these efforts
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The company’s interim targets include a 30% reduction by 2025 and 50% fall by 2030, compared to a 2019 baseline
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It is part of the global investment group’s ambitious new plan to fight climate change, which includes a target to reduce carbon intensity by 60% by 2030
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It has also proposed to replace ‘Petroleum’ with ‘Energy in its name
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