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Natural carbon sinks, carbon mineralization and direct-air capture are early focus areas for Stripe’s 2019 Negative Emissions Commitment , which aims to spend at least double in these areas compared with what it pays for carbonoffsets. Since 2007, Cisco has reduced its GHG emissions by 55 percent since 2007.
But, in some cases, there's an opportunity to go beyond the PPA, and more effectively decarbonize the grid through hourly load matching, or 24/7 matching, according to an analysis by RMI. RMI defines hourly load matching as "where a buyer attempts to procure sufficient carbon-free energy to match a given facility's load in every hour.".
The study from Princeton University's ZERO Lab is the first analysis of the grid impact of 24/7 carbon-free electricity procurement, which is growing in popularity among corporate and governmental energy buyers. Background: Going beyond the clean energy PPA to decarbonize the grid.
United Airlines announced today a $15 million investment in carbon capture and removal technology provider Svante, forming part of the airline’s plans to scale the production and utilization of sustainable aviation fuel (SAF) made from materials including captured CO2.
"By tailoring their procurement strategies to regional grid conditions, buyers can help unlock both near-term carbon savings and long-term innovation in technologies that can accelerate full grid decarbonization.". In 2020, Google said it reached 67% carbon-free energy globally on an hourly basis. What is CFE? CFE in practice.
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