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Carbon Capture and Storage Market worth USD 13 41 Billion

Carbon Capture and Storage Market worth USD 13.41 Billion by 2027, registering a CAGR of 12.5% - Report by Market Research Future (MRFR) July 13, 2021 11:20 ET | Source: Market Research Future Market Research Future New York, July 13, 2021 (GLOBE NEWSWIRE) Carbon Capture and Storage Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “ Research Report, Technology, Applications, End Use and Region - Forecast till 2027” the market is projected to be worth USD 13.41 Billion by 2027, registering a CAGR of 12.5% during the forecast period (2021 - 2027), The market was valued at USD 5.6 billion in 2020. Growing focus on reducing CO2 emissions Concerns about climate change are driving an increase in the use of CCUS to reduce emissions. CCUS captures CO2 using a variety of methods and uses or stores it to avoid releasing it into the atmosphere. The use of fossil fuels and natural gas to generate el

Court offers mixed bag on 2019 RFS biofuels rule

Court offers mixed bag on 2019 RFS biofuels rule Past small refinery exemptions don’t have to be accounted for in future years, but refinery challenges also shot down. Suggested Event Aug 31, 2021 to Sep 02, 2021 In setting the 2019 volume obligations for the Renewable Fuel Standard, EPA failed to account for retroactive exemptions. In a challenge known as Growth Energy v. EPA brought by Growth Energy, RFS Power Coalition and the National Biodiesel Board, a D.C. Circuit Court denied their petitions but also denied challenges brought by the oil industry and environmental groups. The biofuel industry associations challenged EPA’s failure to account for a flood of retroactive small refinery exemptions that undercut the annual volumes by 7% in 2019. A second set of petitioners consisting of Monroe Energy LLC, Small Retailers Coalition, American Fuel & Petrochemical Manufacturers and Valero Energy Corporation challenged that the rule’s fuel obligations were too demand

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