This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The round was led by by BlackRock and Temasek’s decarbonization-focused fund, Decarbonization Partners. Philadelphia-based ConnectDER announced that it has raised $35 million in a Series D funding round to expand the market and innovation for its at-home electric vehicle charging and solar panel connection technology.
Decarbonizing the grid will be a large part of reaching that 2050 target while cutting national emissions by 46% by 2030. Japan’s fossil fuel use increased after the 2011 Fukushima disaster soured public opinion against nuclear power, leading the government to decommission dozens of nuclear plants. DOWNLOAD EARTH INDEX REPORT.
The following sections describe our decarbonization strategy and our implementation progress over the last fiscal year on our journey to achieve our 2026 targets. Lever 1: Decarbonizing the Melting Process and Energy Sources Lever 1 covers our Scope 1 and Scope 2 GHG emissions. Read full report here
Global energy and electricity provider Iberdrola announced today the acquisition of decarbonization solution provider Balantia, purchasing the 80% stake in the company that it did not already control, alongside plans to co-launch a new platform to help companies accelerate their emissions reduction initiatives.
This milestone reaffirms 3M’s ongoing commitment to climate action, decarbonization of its operations and portfolio of products and continual innovation on behalf of customers around the world. “3M C trajectory of the Paris Agreement.
Global alternative asset and private equity investor KKR announced today an agreement to invest $400 million in India’s Serentica Renewables, a decarbonization platform focused on providing clean energy solutions for energy-intensive, hard-to-abate industries.
It is the missing part of the puzzle to a fully decarbonized economy," the European Commission wrote in a July strategy document. In Japan, a new green hydrogen plant, one of the world’s largest, just opened near Fukishima — an intentionally symbolic location given the plant’s proximity to the site of the 2011 nuclear disaster.
After the 2011 earthquake in Japan, Toyota revamped its supply chain to ensure it could rebound from future disruptions. According to our report, 84% of executives now look for partners with strong decarbonization capabilities. Building resilience means creating a supply chain that can withstand shocks and recover quickly.
This in turn would help the US to achieve its decarbonization and energy transition goals. Today, the US produces over 23 times as much solar power as in 2011, enough to power more than 12 million average American homes. America’s battery storage capacity expanded more than 18-fold from 2011 to 2020 and grew by 67% in 2020 alone.
DESCRIPTION: There is a huge decarbonization potential in buildings that can significantly contribute to the fight against climate change. The question is why have these building decarbonization solutions not been applied at scale already? Episode 2: Beyond the scope of net-zero buildings.
World’s largest cruise company is first in cruise sector to join research and development center committed to facilitating and accelerating decarbonization of the global shipping industry. SOURCE: Carnival Corporation & plc. DESCRIPTION: Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping.
The program aims to advance decarbonization along the value chain through the collection of emissions data, jointly defined actions for reduction and continuous upskilling. The data overview can also serve them to gain access to business partners and green finance opportunities.
Last decade was not kind to the nuclear industry, as Japan’s Fukushima meltdown after a tsunami in 2011 was the worst nuclear disaster since the Chernobyl accident of 1986 and led to the shutdown of all the country’s reactors. And even Japan is looking to restart around 30 decommissioned reactors in pursuit of decarbonization.
Sumberg joins the firm as it works to expand to tackle decarbonization across asset classes and strategies. Joe’s real estate management experience – and passion for decarbonization – will help Galvanize expand and deliver the urgent climate solutions we need in this area.”.
AB signed on to the Principles for Responsible Investment in 2011 and has collaborated with the Columbia Climate School on climate-policy work in addition to training programs to shape the next generation of professionals striving to address the impact of climate change and develop solutions.
KKR has deployed over $15 billion in equity globally to invest in renewable assets since 2011. Launched last year, Serentica is focused on industrial decarbonization in India, by providing round-the-clock clean energy solutions to help transition large-scale, energy-intensive industries to clean energy.
As renewable energy continues to progress in a world rapidly focusing on decarbonization, this effort further demonstrates how carbon footprints can be minimized without disrupting the surrounding ecosystem,” said Paul Skurdahl, Black & Veatch senior vice president of renewable solutions. Our revenues in 2020 exceeded US$3.0
Industrial decarbonization-focused private equity investor Ara Partners today announced that it has acquired Vacuumschmelze (VAC), a leading global producer of key magnetic materials and solutions critical to the energy transition across a broad range of sectors, from Apollo Global Management. ”
Sustainable aviation fuel is seen as one of the key tools to help decarbonize the aviation industry, which currently accounts for 2-3% of global greenhouse gas (GHG) emissions. encourages the use of SAF via strong tax incentives. SkyNRG is looking to build dedicated SAF facilities in Europe and the U.S.
Founded in 2011, Wattics enables energy and sustainability professionals to manage, monitor, and analyze energy, commodities, and related data from one dashboard, helping them improve their operations’ sustainability. EnergyCAP and Wattics together become the ideal solution to support and validate the entire customer journey to net-zero.”.
of GDP would need to be invested annually, compared to 2011 – 2020 levels, with resources moving away from less sustainable uses such as fossil fuel subsidies. Overall, the Commission anticipates that the energy sector will fully decarbonize shortly after 2040, and that transport emissions will decrease by nearly 80% by 2040.
The validation of our targets by SBTi reflects years of collaboration and dedication by 3Mers working on a detailed action plan to innovate across our portfolio to decarbonize industry, accelerate our climate solutions and improve our environmental footprint.
I decided to join Bloomberg soon after the Great East Japan Earthquake, which occurred in 2011. I am in charge of analyzing the decarbonization of the global aviation sector. I keep track of emerging trends around next-generation aircraft and propulsion technology, government policies and airlines’ decarbonization strategies.
Mike Wallace, Chief Decarbonization Officer, Persefoni Whats Next? Since 2011, G&A has been building and expanding a comprehensive database of corporate sustainability reporting data based on analysis of thousands of ESG and sustainability reports to help steer strategy for our clients and improve their disclosure and reporting.
Launched in 2021 , the roadmap includes a series of decarbonization and environmental sustainability commitments encompassing the introduction of more ambitious climate targets and linking executive compensation to ESG goals. ” Scaling the use of sustainable aviation fuels forms a significant part of DHL’s Sustainability Roadmap.
Shore power is one of the many emission reduction technologies Carnival Corporation utilizes to reduce fuel use as part of its overall decarbonization strategy and pursuit of net zero GHG emissions by 2050.
She also worked at the firm from 2011 – 2015 in a series of structured finance roles. Her diverse experience in project finance, sustainable technology development, and business strategy adds immense value to our clients as they start exploring new technologies and partnership models to meet looming decarbonization targets.”
I’ve come to the conclusion that biodiesel is the fastest, easiest way to decarbonize a school bus and clear the air, because it can be used immediately in existing diesel technology, rather than investing in a new fleet or waiting for future technologies,” Benish Jr. 7 The health benefits identified by the study include: Reduced cancer risk.
The authors said that concerns about the land requirements and land-use impacts of utility-scale PV have grown as deployment has accelerated and as decarbonization plans call for the solar sector’s rapid expansion. Source: LBNL. Backlash has grown as utility-scale solar projects are proposed for existing farmland.
As part of its longer-term sustainability plan, Carnival Corporation remains focused on its commitment and efforts to establish a pathway to decarbonization.
It is simultaneously the third highest contributor to carbon emissions in the industrial sector and the best placed industry to decarbonize products across a multitude of industries. The decarbonization of a multitude of industries hinges on the ability of the chemicals industry to successfully standardize and exchange carbon footprint data.
Adjusting for variations in ship design, size and equipment, the company customizes the Service Power Package for each ship, which combines the synergies from multiple upgrades with new operational efficiencies, all effectively supporting Carnival Corporation’s energy savings and decarbonization strategies.
In 2011, enforcement began of the state's low-carbon fuel standard , the world's first. SB 253: Climate Corporate Data Accountability Act The common phrase in the GHG accounting world “you can't measure what you can't track" underlines the fact that decarbonization action starts with GHG emissions accounting.
The United States allocated more than $5 billion between 2011 and 2023 and committed an additional $8.2 The company’s Decatur facility is looking at different strategies to decarbonize its operations including capturing CO 2 produced by a new gas power plant that will provide energy for the company’s biofuel facility.
Redirecting food out of the “cowboy” economy (landfills or incinerators) and into the “spaceman” economy transforms food waste from a terrible GHG generator to a decarbonization and regenerative-agriculture weapon. But food waste has enormous benefits for the planet, if recycled correctly.
Jean-Marc Ollagnier, CEO of Accenture for Europe, said: “Amid global economic, political and environmental disruption, more companies than ever before have publicly committed to largely decarbonizing by around 2050. This heightened ambition is encouraging, but it is also clear that a steep acceleration of emission reductions is required.”.
CFP adoption is growing In North America, there are currently five clean fuel market programs, with several being active for over a decade (California's Low Carbon Fuel Standard began in 2011 and British Columbia's in 2013). At the beginning of 2023, two new markets emerged - the state of Washington and a national program launched in Canada.
Electrification of everything is not necessarily the best path to decarbonization if was also want reliable energy delivery, argues David Cox. David Cox co-founded the Coalition for Renewable Natural Gas in July 2011 and serves its members as CFO. David Cox, Founder and CFO of the Coalition for Renewable Natural Gas.
And how does a climate-focused fund contribute to global efforts to accelerate decarbonization? He joined the firm in 2011 as global technology sector head on the Global/International Research Growth team and was named team lead in early 2012.
For instance, a decarbonizing country will spend money in its energy and transportation sectors and save money in its health system. Decarbonization could be a win for the whole, but it might be experienced as a burden for particular subsystems. But dividing systems into subsystems can sometimes break a natural synergy.
.” The report’s authors support this position with a wealth of grim landmarks, including: The global surface temperature of the planet was 1.09C higher in the decade between 2011-2020 than between 1850-1900. The past five years have been the hottest on record since 1850.
Venture capital lost about half of the $25B they invested in cleantech between 2006 and 2011, according to PWC , leading them to pivot to software and AI. They can also target specific wicked deep decarbonization problems and have impact thresholds for investing.
“The continued decommissioning of coal-fired power plants in Ohio, and the increase in solar energy activity in particular, has become a significant development toward decarbonization goals,” Michaud said. In 2011, the United States generated less than 2 million megawatt-hours of electricity from solar power.
in 2011 with the Model S. Collaborating with the Services Sales team, Claudia is delivering on her commitment to help building owners and factories achieve their sustainability and decarbonization goals. And so you're seeing this change for the better. And then you got Elon Musk who comes out. My new Teslas get 97 miles per gallon.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content