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Copper industry trade association pledges to reach net zero by 2050

Envirotec Magazine

Trade group with oversight on “the cornerstone material for a net-zero future ” sets out “ambitious plans” to reach net zero in Scope 1 and 2 emissions by 2050, and significantly cut Scope 3 emissions. Estimates as to how much copper will be required for the energy transition appear to vary widely.

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Bloomberg report: Urgent deployment of existing technology can get world close to net zero

Envirotec Magazine

The new report indicates that the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial. Figure 1: Energy-related emissions and net-zero carbon budget, BNEF’s Economic Transition Scenario and Net Zero Scenario (Source: BloombergNEF. is buildings). Source: BloombergNEF.

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Is the sun setting on America's oil refineries?

Corporate Knights

Analysts blame pandemic market conditions for the closures, as lockdowns slowed demand for oil, but also the energy transition, as some energy companies look to decarbonize their portfolios. . “My billion, have moved fossil fuel assets away from net-zero-aligned companies. . soil, said Wirth.

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Net zero innovators receive £24 million cash boost from UK government

Envirotec Magazine

Next generation energy innovators will receive a £24 million cash boost to develop “new technologies that will decarbonise UK industry, build home-grown energy supplies and help prepare the country for a net zero future.”

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Biomass-fermentation-based protein recognised for potential contribution to a net zero food system

Envirotec Magazine

Agrifoodtech start-up MicroHarvest has been named as winning innovator for its response to the challenge of ‘Building a net-zero food production system’ by a panel of expert judges at the 2023 BloombergNEF (BNEF) Pioneers awards. The MicroHarvest co-founders (left to right) Luisa Cruz, Katelijne Bekers and Jonathan Roberz.

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Nearly all firms will miss net zero goals without at least doubling rate of emissions reductions by 2030

Envirotec Magazine

While more than one-third (34%) of the world’s largest companies say they are now committed to Net Zero 1 , nearly all (93%) will fail to achieve their goals if they don’t at least double the pace of emissions reduction by 2030, according to a new report from consulting firm Accenture.

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Michigan Electric Boat Propels the Naval Industry With Cadence CFD Tools, Including Fine Marine

3BL Media

The marine industry currently accounts for about 6% of global C02 emissions and UM-EB is looking to decarbonize the marine industry, and relying on Cadence to help investigate their current design and figure out areas they can improve. For seven years in a row, Fortune magazine has named Cadence one of the 100 Best Companies to Work For.

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