ESG Today

DECEMBER 19, 2023

The new carbon tax follows a review by the government launched earlier this year on potential measures aimed at mitigating carbon leakage, with UK producers in several emissions-intensive sectors subject to the country’s Emissions Trading Scheme (ETS), one of the key tools used by the UK to decarbonize industry.

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Corporate Knights

OCTOBER 29, 2024

As long as we still want to decarbonize the planet, this is a very sound strategy. As long as we still want to decarbonize the planet, this is a very sound strategy,” he says. In announcing its decision to phase out the financial incentive for EVs by 2027, the Quebec government said the industry no longer needs that extra help.

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ESG Today

JANUARY 17, 2025

This agreement underscores the effectiveness of the EIBs risk-sharing instruments in addressing these obstacles, enabling the funding of essential projects that drive the green transition, support the decarbonization of the European economy, and strengthen industrial competitiveness.

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3BL Media

MAY 8, 2024

In line with the Challenge’s advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. “As We are thrilled to work together on this important initiative to drive greater energy efficiency and decarbonization in our nation’s buildings.”

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Corporate Knights

JUNE 17, 2024

This is the most cost-effective way to ensure energy security, autonomy, competitiveness and decarbonization.” The new coalition can align on a European industrial strategy that delivers on decarbonization goals, reindustrializing the economy and reducing dependency on fossil fuel imports.”

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ESG Today

DECEMBER 10, 2024

The first co-located clean energy project under the new partnership is anticipated to be operational in 2026, and fully complete in 2027.

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Corporate Knights

MARCH 21, 2024

The guideline, which takes effect with the 2027 model year, drew support from automakers and the leader of one industry trade group appeared with Michael Regan, the head of the Environmental Protection Agency, as he announced the regulation. Hundreds of billions in private investment and thousands of good-paying union jobs.

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Corporate Knights

OCTOBER 11, 2022

In an era of increased electrification and decarbonization, electric utilities are playing a decisive role in shaping the clean economy of tomorrow. He attributes Enel’s successful decarbonization journey to a combination of enlightened leadership and economic common sense. . “It It received $12 billion in orders.

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3BL Media

AUGUST 24, 2022

Launched at the United Nations Conference of Parties (COP26) in November 2021, the Energize program is a collaboration among now 12 global pharmaceutical and biotechnology companies to engage hundreds of suppliers in bold climate action and decarbonization of the pharmaceutical value chain.

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3BL Media

APRIL 23, 2025

Today, RaNae leads the X10 engine program at Cummins, a product that will replace the L9 and X12 in various applications from 2027 and beyond. RaNae says that each evolution of engine created is another step towards achieving products that accelerate Cummins and its customers closer to their decarbonization goals.

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ESG Today

NOVEMBER 16, 2022

Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. The commercial start for the project is anticipated to commence in 2027.

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GreenBiz

DECEMBER 17, 2020

LKAB’s ambition to build a sponge iron plant as early as 2027, just one year after SSAB plans to retire its blast furnace in Oxelösund , speaks volumes in terms of the technology confidence the joint venture already has established. LKAB is also setting itself up as a single company to grow its DRI capacity by 30% per year over 20 years.

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ESG Today

JULY 29, 2024

France-based water and wastewater services and energy provider Veolia announced that its decarbonization targets have been approved by the Science Based Targets initiative (SBTi), and that its net zero transition plan has been rated as “Advanced” by international ratings agency Moody’s.

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3BL Media

JUNE 17, 2024

Passenger EV sales are expected to exceed 30 million in 2027 in the ETS and grow to 73 million per year in 2040, contributing 33% and 73% to global car sales in those years, respectively. The decarbonization of the commercial vehicle sector – including vans, trucks and buses – has already started and is set to accelerate.

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3BL Media

FEBRUARY 18, 2025

Further, the company continues to address the challenges presented by climate change as it works toward a goal of carbon neutral global operations by 2040, guided by our strategy: decarbonize whats possible, co-create with purpose, and neutralize whats left.

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CREA

DECEMBER 15, 2022

Ontario is in a strong position to decarbonize its rapidly growing electricity grid, with a moratorium on new natural gas generation being feasible starting in 2027, provided new storage, nuclear, renewables and expanded conservation efforts are ready. Read more in Green Energy Futures.

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ESG Today

DECEMBER 13, 2022

The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050. The furnace is expected to become fully operational by 2027. The hydrogen for the furnace will be provided by Vertex Hydrogen, a partner of the UK government’s HyNet industrial decarbonization project.

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ESG Today

APRIL 26, 2023

To date, the platform has deployed more than $6 billion, and Apollo said that the new strategy will work alongside the firm’s other strategies to support the achievement of the 2027 target.

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ESG Today

NOVEMBER 28, 2023

It expects to offer engines to support a 300-mile range in 9–19 seat aircraft by the end of 2025, and up to 700-mile range in 40–80 seat aircraft by 2027. The UK aims to decarbonize aviation by 2050 and seek to support the development of new clean propulsion technologies to be flying between UK airports this decade.

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Renewable Energy World

SEPTEMBER 21, 2021

bp has partnered with Abu Dhabi energy firms ADNOC and Masdar to decarbonize the UK and United Arab Emirates’ energy and transportation systems. Three agreements signed by the companies will enable billions of dollars to be invested to create low-carbon hydrogen hubs, green jobs and help the two countries move closer to decarbonization goals.

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Corporate Knights

MAY 1, 2024

If we’re just increasing demand and load at a faster pace than renewables, then we’re not decarbonizing the grid. Our worry is that this is going to offset any improvements that we’re getting in renewable generation and [create] a setback in our efforts to decarbonize.” There’s a whole host of social and political questions about AI.

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3BL Media

OCTOBER 27, 2022

On top of four systems already in operation, company currently adding air lubrication on five ships, with plans to install the technology on at least 10 more ships across a majority of its brands through 2027.

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ESG Today

JULY 3, 2024

While many initiatives are currently targeting areas allowing for more rapid sector decarbonization, such as electrified propulsion or sustainable aviation fuel (SAF), hydrogen is viewed by some in the industry as a more promising long-term solution, given its potential to be produced through carbon-free methods, and its energy attributes.

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3BL Media

JULY 1, 2024

Thermal batteries could be a ‘game changer’ Neil Brown, an Eastman engineer who is a leader in assessing renewable energy, said thermal batteries could be a critical innovation for decarbonizing industry. This can be a true game changer for providing low- or zero-carbon power for industrial processes,” Brown said.

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ESG Today

NOVEMBER 29, 2023

Dow initially unveiled its plans for the new plant in 2021 , along with its intentions to allocate approximately $1 billion per year of capex on investments aimed at decarbonizing its global asset base, as part of its efforts to reach carbon neutrality by 2050. ” Construction of the new project is anticipated to begin in 2024.

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3BL Media

OCTOBER 29, 2024

This recognition aligns with Veolia's recently announced 2024-2027 Green Up strategy. Veolia combines its water, waste and energy businesses to help customers decarbonize , depollute and regenerate resources. In the company's most recent sustainability report , Veolia reported eliminating 13.8

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Corporate Knights

JUNE 26, 2023

As a 2022 MIT Energy Initiative study put it, “Energy storage enables cost-effective deep decarbonization of electric power systems that rely heavily on wind and solar generation without sacrificing system reliability.” Where the sun doesn’t shine For many years, electricity storage was limited to one technology: pumped hydro.

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Renewable Energy World

OCTOBER 7, 2021

Moves to accelerate the decarbonization of the US and Chinese power sectors are gaining pace and provide the foundation of our global market forecast," Wood Mackenzie senior research analyst Xu Le said. billion by 2027 , up from $16.19 and China dominating the market. Emergen Research predicts the global battery market to reach $24.57

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Renewable Energy World

JUNE 24, 2021

This week Connecticut Governor Lamont signed a new law that will require the state to install 1 GW of energy storage by 2030 with milestone requirements every three years: 300 MW by 2024, 600 MW by 2027 and 1 GW by 2030.

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3BL Media

NOVEMBER 27, 2023

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. Scope 3 assurance requirements will be determined by the California Air Resources Board (CARB) in 2027.

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ESG Today

DECEMBER 8, 2022

The project, targeted to begin commercial operations in 2027, will serve the growing demand for green hydrogen from states and corporations aiming to incorporate zero-carbon intensity fuels into their net-zero targets. With anticipated capacity of over 200 metric tons per day of hydrogen, and including approximately 1.4

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ESG Today

NOVEMBER 29, 2022

Automotive manufacturer Renault Group announced a series of new strategic partnerships with energy providers aimed at accelerating the decarbonization of its plants in France, including the largest to-date green electricity supply agreement in the country with Voltalia, as well as projects with ENGIE and Dalkia.

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ESG Today

SEPTEMBER 23, 2022

SAF, seen as one of the key tools to help decarbonize the airline industry, is generally produced from sustainable resources, like waste oils and agricultural residues, rather than from fossil fuels. JetBlue’s venture capital arm, JetBlue Ventures recently invested in a Series A funding round by AIR COMPANY.

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3BL Media

AUGUST 2, 2023

“We’re helping fleet managers accelerate the energy transition with innovative hardware and software that rapidly achieve new levels of sustainability, cost savings and flexibility” More than 50% of companies plan to decarbonize their fleets by 2027. Access to convenient, reliable and affordable EV charging infrastructure is essential.

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ESG Today

AUGUST 3, 2023

The new goals, unveiled in CVC’s 2023 ESG Report, include an interim commitment for 40% of listed and private equity investments to have SBTI-validated targets by 2027, and for the CVC to reduce its own absolute Scope 1 and 2 emissions by 73% by 2030, on a 2019 base year.

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ESG Today

DECEMBER 6, 2023

Energy giant ExxonMobil announced an increase in its investment plans for opportunities targeting lower emissions solutions, with a new goal to allocate $20 billion throughout its 2022-2027 corporate plan. ExxonMobil is uniquely equipped to do both, and we’re confident that both present significant opportunities for profitable growth.”

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3BL Media

MARCH 29, 2024

The new emissions standards, covering model years 2027 – 2032, are expected to reduce carbon pollution from large trucks and other heavy-duty vehicles by avoiding 1 billion metric tons of greenhouse gases from 2027 through 2055, generating $13 billion in net annualized benefits through 2055 to the U.S.

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