Europe's Carbon Capture Pipeline Collapses as Economics Break Down
Europe's carbon capture project announcements fell to 7 MtCO₂ in 2025 from 52 MtCO₂ peak, with cancellations exceeding new FIDs, imperiling the EU's 50 MtCO₂/year 2030 storage mandate.
TotalEnergies Surrenders 4 GW of U.S. Offshore Wind for $928M
TotalEnergies relinquished two U.S. offshore wind leases on March 23, 2026, erasing 4+ GW of planned capacity and accepting a $928M dollar-for-dollar federal buyback — the Trump DOI's most effective policy instrument yet against the sector.