ESG Today

DECEMBER 19, 2023

In a statement announcing its plans to roll out the CBAM, the UK Treasury said: “Decarbonising UK industry forms an important part of delivering the energy transformation needed to achieve net zero. But these efforts will not succeed if decarbonisation in the UK simply leads to higher emissions abroad.”

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3BL Media

JUNE 17, 2024

Currently, only one segment of road transport – three-wheeled vehicles – is fully on track to reach net zero by mid-century. However, the report indicates that the window to reach global net-zero transport ambitions is now narrower than ever.

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ESG Today

NOVEMBER 6, 2024

Speaking at the ADIPEC energy industry conference in Abu Dhabi, Al Mazrouei said that the investments will aim to “decarbonise our economy and achieve net-zero emissions by 2050,” according to state-owned media outlet Emirates News Agency. The UAE is one of the world’s largest oil producers, with average production of approximately 3.2

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We Mean Business Coalition

MAY 31, 2023

The latest net zero signals of change include a record order for Volvo electric trucks. Net Zero Economy In a historic first, the IEA this week announced that investment in solar projects has overtaken oil production for the first time. Investment in renewable energy is up by nearly a quarter since 2021.

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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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Corporate Knights

JUNE 17, 2024

and China are the more appealing destinations for net-zero industries.” This is the most cost-effective way to ensure energy security, autonomy, competitiveness and decarbonization.” “Any rollback would be economic insanity as it would create uncertainty for business and investors at times when the U.S.

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ESG Today

NOVEMBER 5, 2024

Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach net zero emissions by 2050. The oil and gas sector is the largest source of GHG pollution in Canada, accounting for more than 30% of national emissions.

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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

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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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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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

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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ESG Today

NOVEMBER 21, 2023

million) in a Series A funding round, aimed at supporting the acceleration of net zero in the construction industry. The solution enables users across the construction value chain, to develop net-zero building strategies and meet environmental regulations and carbon budgets requirements.

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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

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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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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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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ESG Today

JUNE 19, 2023

Generally produced from sustainable resources, like waste oils and agricultural residues, SAF is seen as one of the key tools to help decarbonize the aviation industry. Fuel accounts for the vast majority of the aviation sector’s emissions. The post TotalEnergies “Investing Massively” to Scale Sustainable Aviation Fuel Capacity to 1.5

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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. addressing growing demand for zero-carbon intensity fuels. appeared first on ESG Today.

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ESG Today

JUNE 21, 2023

The shipping industry accounts for approximately 3% of global greenhouse gas emissions, and is facing increasing pressure to address its climate footprint, as companies look to decarbonize their supply chains, and regulators and governments introduce rules to reduce the sector’s emissions.

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Envirotec Magazine

APRIL 25, 2024

The power sector is decarbonizing quickly by replacing coal with domestically sourced renewable energy, and domestically produced coal will largely be sufficient for the remaining coal demand segments by 2050. Energy independence is a key motivation for Chinese energy policy, but it will be only partly achieved.

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ESG Today

DECEMBER 14, 2022

The bank also said that it aims to ramp investments from its own equity capital in global climate tech startups to £500 million by 2027. Many of the technologies that are required to achieve Net Zero have not yet reached commercial scale. Commenting on the bank’s new goals, Barclays’ Group Chief Executive, C.S.

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3BL Media

FEBRUARY 14, 2024

Over the past decade, these mandatory Building Performance Standards (BPS) policies have gained momentum, as an increasing number of local jurisdictions act to mitigate climate change impacts and support building decarbonization. The cumulative effect of such penalties will help encourage accountability and help accelerate decarbonization.

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GreenBiz

DECEMBER 14, 2020

The global market for business travel is projected to decline 54 percent during 2020, according to data by ResearchAndMarkets.com, which predicts a robust recovery for the industry — by 2027. Still, offset markets will become an increasing fact of life for more and more industries and companies that set their sights on net-zero emissions.

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Corporate Knights

JULY 17, 2024

But a suite of technologies collectively known as carbon capture, utilization and storage, or CCUS, are among the tools available to help meet global targets to cut CO2 emissions in half by 2030 and to reach net-zero emissions by 2050. The strongest criticisms are lobbed at using CCUS to extract fossil fuels.

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Envirotec Magazine

JUNE 30, 2021

This renewed energy and focus on the energy transition is good news to ensure we continue to move towards the UK’s net zero targets. The “full life cycle” analysis which considers the recapture of carbon dioxide by new trees is a not an attractive analysis when the imperative is to achieve net zero in the near future.

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Envirotec Magazine

OCTOBER 26, 2023

Hydrogen is multifaceted in applications and ability to decarbonize many sectors, but some hurdles still need to be cleared before we have a viable global clean hydrogen market. Given the magnitude of the clean hydrogen needed to meet decarbonization goals, the signs are pointing to a significant growth in nuclear hydrogen in the years ahead.

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3BL Media

DECEMBER 19, 2023

Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. The Act requires public and private companies that do business in California, with revenues greater than $1 billion, to report annually on their Scope 1, 2, and 3 emissions.

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We Mean Business Coalition

JULY 10, 2023

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 and Europe.

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Chris Hall

DECEMBER 14, 2022

At COP27 , a number of other shipping companies signed a joint statement committing to the “rapid and ambitious” production and use of low-carbon fuels based on green hydrogen, including representatives of the Aspen Shipping Decarbonization Initiative. . Regulatory anchor . ETS 2 will cover other industries, including maritime transport.

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Corporate Knights

JANUARY 25, 2023

While that’s good news for decarbonization, running a distributed grid is much more complex than a traditional one from a technical perspective. In 2021, the company announced a public-private partnership for a fusion demonstration plant, which will be operational by 2027. Start your journey to net zero today!

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Corporate Knights

JULY 19, 2022

With 80% of Canada’s crude oil exported to the United States, which is on a path toward decarbonization, the threat to Canada’s oil industry jobs cannot be ignored. will be EVs by 2027; the Biden administration is targeting 50% of new car sales to be EVs by 2030. The report predicted that 42% of new vehicles sold in the U.S.

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CREA

MARCH 11, 2024

Mike Law, AESO’s President and CEO, confirmed in his address at the IPPSA conference that the AESO will run a new consultation to develop the first draft of the technical design for the “Restructured Energy Market” (REM), to be completed by fall 2024, with new market rules to come into effect in 2027. Follow us on Twitter/X and LinkedIn.

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ESG Today

MARCH 13, 2024

The Biden administration announced the launch of the National Zero-Emission Freight Corridor Strategy, aimed at guiding the deployment of zero-emission medium- and heavy-duty vehicle (ZE-MHDV) charging and hydrogen fueling infrastructure through 2040. Transportation accounts for around a third of the U.S.’

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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

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Corporate Knights

JUNE 26, 2023

The International Energy Agency (IEA) has stated that the rapid scaling up of energy storage systems will be critical to bridge the hour‐to‐hour variability of wind and solar electricity on the grid, “especially as their share of generation increases rapidly in the net zero scenario.”

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