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Publish date: March 28, 2006
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There are also many opened reserves in Arctic. Nowadays Shell works on many projects located in Arctic. Such projects, as “Sakhalin-2”, “Salym” and “Kashagan” are not totally “arctic”, but characterized by extremely severe conditions and faraway location, Oilcapital reported.
Projects, connected with Canadian and Alaskian reserves investigation are “really arctic”. According to the Shell’s representative, many technological solutions, applicable for offshore works in the Northern Sea can be modified and used for marine projects in Arctic.
Today the European Parliament voted in plenary on a variety of crucial climate files, including the Carbon Removal Certification Framework (CRCF) and the Net Zero Industry Act (NZIA). These votes send strong signals on the need for coherent climate policy which supports and manages the deployment of Carbon Dioxide Removal and Carbon Capture and Storage in an environmentally robust way.
We’re excited to share that we will be present at COP28! The Bellona Foundation will be hosting the Storytelling for Action Pavilion in the Blue Zone alongside BAFTA albert, Futerra and Think-Film Impact Production.
Safeguarding the chapters on CCS in the NZIA are crucial, so says the 23 co-signatories to our letter sent to EU Member States and European Parliament. The NZIA is a golden opportunity to ensure appropriate development of much-needed CO2 storage capacity, enabling industrial decarbonisation and a Just Transition by the retention of important welfare-carrying jobs in the harder-to-abate sector, while at the same time ensuring the proportionate contribution of Oil and Gas companies.
Overall, the target setting in the EU is an example that other regions of the world should follow in terms of creating demand for hydrogen in the right sectors, while backing it up with the renewable generation deployment to meet the demand from the electrolysers. However, the supportive landscape that could ensure targets are met is largely missing, leaving the EU strategy towards hydrogen use ambiguous and thus less effective.
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