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...The shareholders’ refusal to provide new funds leaves the government and regulator Ofwat in a dilemma: the only way they can stop investors walking away is by agreeing to concessions, which would be paid...
...“To meet the needs of the power sector, we should be deploying hydrogen and gas CCS [carbon capture and storage] generation at a pace equivalent to the ‘dash for gas’,” Armitt said in his letter, in a reference...
...“We realise we are in a good position [to develop CCS projects] because of all the empty gasfields.”...
...Then there’s the payment side: how do you bring on new payment partners?...
...Carbon capture and storage (CCS) for example is a ruinously expensive technology that is still at the development stage....
...“I’m annoyed that the government is deliberately trying to conflate CCS with new oil and gas,” Fennell says....
...And so I rebooted the company, tore it down, and built a new app from scratch that is the Hinge that we know today — designed to be deleted. CC: You subsequently sold it to Match....
...If they substitute the latter for the former, the world will veer off track. By the same token, even planting new trees is not really “additional”....
...These executives said the new ad hit a particularly deadening tone for those in the creative industries already facing a threat to their jobs from AI....
...The world does not need exploration for new oil and gasfields....
...“If a customer requests to be in a certain geographical area, the customer needs to share the incremental cost,” said CC Wei, chief executive of the world’s largest chip manufacturer, to investors on Thursday...
...Chevron is also seeking to offer CCUS as a service to customers and create a new business line for the company, she added....
...CCS projects attempt to lock carbon underground for decades, preventing it from adding to heat-trapping gases in the atmosphere....
...[at scale], they’re not funding the companies that work on CCS.”...
...CC Wei said the new restrictions would not impact TSMC’s business in the short term, but it was assessing the long-term impact....
...FT: Some of those are existing techniques, not new technologies....
...We also provide £960mn for the new green industries programme solely to focus on offshore wind, electricity networks, nuclear CCS and hydrogen....
...“We expect 2024 to be a healthy growth year for TSMC, supported by . . . robust [artificial intelligence] demand,” CC Wei, chief executive of the world’s largest contract chipmaker, told investors on Thursday...
...The International Energy Agency, however, has said there can be no new oil and gas projects if the world is to limit the long-term average rise to 1.5C, the temperature after which scientists warn of potentially...
...The ASA said future ads featuring environmental claims “must not mislead by omitting significant information about the proportion of their business activities that comprised renewable energy and CCS [carbon...
...collection of furniture by designer Anthony Guerrée, including a rug designed in collaboration with CC-Tapis....
...“This is the year people [in the industry] really dived in,” said Ben Wood, an analyst at CCS Insight. “Everybody now is betting on this, except Apple.”...
...The credit rating agency cut its main rating for WeWork from CC to CCC-, citing its worse than expected second-quarter results and the replacement of several board members with directors with restructuring...
...Speaking on a visit to Scotland, Sunak defended the government’s decision to keep licensing new oil and gasfields while backing CCS....
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