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The Cost Reduction Task Force, which authored the report, found that carbon capture and storage technology could be a viable option for the UK government in meeting its carbon reduction targets. The report estimated that CCS technology could soon generate electricity at a breakeven cost.
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Nearly half of the Lone Star State's 663 million metric tons of CO2 emissions came from petroleum fuels in 2010, according to a Energy Information Administration report. Coal and natural gas use and operations in the state contributed roughly a quarter each of the rest.
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The IEA estimates that a cut in the carbon emissions per unit of energy of more than 60% is needed to prevent global average temperatures rising by more than two degrees Celsius in the long term, and maintaining current levels would yield a temperature increase of six degrees Celsius.
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Key industry officials answer a poll question from HydrocarbonProcessing.com
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The price of credits used by refiners to meet federal ethanol blending requirements has risen more than 1,000% in recent weeks. The heightened volatility in this normally sleepy market has raised concerns that it is a factor in the recent rise in the price of gasoline.
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Operating companies are increasing efforts to reduce the risk of catastrophic events such as the release of toxic, reactive or explosive chemicals that can damage the environment or plant assets.
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To comply with mandatory sulfur specifications for gasoline and diesel from 2013 to 2016, Saudi Arabia is spending billions of dollars to construct multiple clean-fuel projects.
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Europe's flagship effort to limit greenhouse-gas emissions faces an existential threat as the price of emissions has fallen dramatically, eroding an incentive for industries to pollute less and forcing policy makers to weigh environmental priorities against economic concerns.
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As more regions increasingly adopt clean-fuel regulations, the challenge for refiners is to meet these tightening gasoline specifications for benzene cost-effectively without significant octane loss.
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In late 2010, Grupa LOTOS SA completed construction of a major residue-upgrading project at its refinery in Gdańsk, Poland. Its 10+ Program was designed to unlock a step change in the facility’s long-term profitability. After two years of operating, this project has had a profound effect on the refinery’s economics.
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RWE reported capturing the first tonne of CO2 at the joint demonstration plant. The announcement of ‘first capture’ highlights the successful commissioning of the ground-breaking regenerable carbon capture testing campaign, which will see 90% of CO2 captured and essentially all SO2 captured.
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HP Brief
January 01, 2013
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The project is part of Kentucky Utilities’ investment plan to install environmental upgrades to reduce air emissions across its generating fleet, including a $600 million investment for the addition of air emissions controls at its Ghent plant. Each system includes a pulse-jet fabric filter to capture particulate matter.