BP may invest in CCS at Indonesia’s Tangguh LNG project
Asian governments urged to back CCS
European policies can be template for region as it looks to kickstart CCS development, speakers tell Asian Development Bank event
Asian governments should learn from their European counterparts and deploy supportive policies to kickstart the development of carbon capture and storage (CCS) in the region, according to regional energy experts. “Government support is just absolutely critical, and we have seen that provide an impetus to CCS projects and business in Europe,” Li P’ing Yu, CCS general manager in Asia for Shell, told the Asian Development Bank’s recent Asia Clean Energy Forum. One effective form of government support would be a state-led carbon pricing mechanism, she says. “We found that to be a very effective tool that gives choices to energy consumers [and] to producers. It also allowed stimulation of the mar
Also in this section
28 March 2025
The massive expansion of the Northern Lights project in Norway is the clearest sign yet that the European oil and gas companies mean business when it comes to CCS
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
