Good News Notes: “Sustainable fuel technology company Velocys has signed a strategic framework agreement with Koch Project Solutions (KPS) to develop a biorefinery project in Natchez, Mississippi, that will utilise both renewable power and carbon capture and storage. Sharing the news today (June 30th), Velocys said that the project is expected to produce approximately 33…
Tag: carbon capture and storage
EGEB: BP cuts fossil fuels by 40%, invests in green energy
Good News Notes: “In February, Electrek reported that fossil-fuel giant BP announced that it will become a net zero company by 2050 or sooner. One objective it said it would pursue is to “increase the proportion of investment into non-oil and gas businesses over time.” BP also said it would restructure, and in June, CEO Bernard Looney announced…