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
This carbon challenge is bigger than cars, aviation and shipping combined. To transform basic inputs into stuff we need, manufacturers constantly heat (and cool) minerals, ores and other raw materials to extreme temperatures. In time, decarbonizing industrial heat is likely to require an all-of-the above mix of solutions.
Experts such as Fakhry say that while wind and solar energy can provide the electricity to power homes and electric cars, green hydrogen could be an ideal power source for energy-intensive industries such as concrete and steel manufacturing, as well as parts of the transportation sector that are more difficult to electrify.
The agreement will ensure a level playing field and make sure that fuel suppliers, ships and maritime operators will have sufficient time to adapt for the new conditions so the maritime sector will deliver on the climate targets.” The post EU Lawmakers Announce Deal to Decarbonize Maritime Shipping appeared first on ESG Today.
The once-humdrum electricity sector has become a hub of interest and innovation for the worlds of energy, infrastructure, manufacturing, transportation, buildings, policy, finance and others. And not just cars: The electrification of trucks , tractors , buses , trains , ships , even aircraft is gearing up faster than many had predicted.
A growing number of large manufacturers, such as GM and Ford, recently also have launched electric delivery van models. The larger commercial vehicles — such as Class 8 trucks — are more difficult to electrify due to a lack of models from manufacturers and a higher price tag than their diesel equivalent. Supply Chain. Carbon Capture.
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. DESCRIPTION: Carnival Corporation Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. SOURCE: Carnival Corporation & plc.
Clean fuel tech startup Amogy announced that it raised $56 million in venture financing for solutions aimed at decarbonizing transportation, heavy industry and other sectors.
Transportation decarbonization-focused clean fuel tech startup Amogy announced that it has raised $139 million, with proceeds aimed at funding the commercialization of its emissions-free ammonia-to-power technology. We want to make sure Amogy has the resources it needs to make zero-emission shipping a reality.”
Dry bulk ship owner Berge Bulk announced the launch of its 210,000 Metric Tons Deadweight vessel, Berge Olympus, retrofitted with four BARTech WindWings by Yara Marine Technologies, that use wind power to reduce fuel consumption and CO2 emissions. Yara’s WindWings, each possessing an aerodynamic span of 37.5
It will now require these shared commitments from its suppliers, according to the press release about the program: A shift to intermodal shipping to reduce the industry’s reliance on air freight, aiming for an interim emissions reduction of 15 percent by 2024. Manufacturing. Information Technology. Corporate Strategy. Technology.
Professional services firm KPMG in Ireland and climate-focused software provider CoolPlanet announced a new alliance, aimed at delivering end-to-end decarbonization solutions for clients. The post KPMG Partners with CoolPlanet to Offer Carbon Accounting, Decarbonization Solutions appeared first on ESG Today.
DESCRIPTION: 3M is expanding research and development into emerging technologies focused on decarbonization and renewable fuels. 3Mers around the world are collaborating and applying their extensive knowledge of science and large-scale manufacturing to produce solutions for the most pressing climate challenges. SOURCE: 3M.
For example, Dyson, typically a household appliance manufacturer, pivoted to produce ventilators during the pandemic , demonstrating the power of an agile supply chain. It’s about rethinking how products are made, shipped, and consumed. But it’s not just a challenge—it’s an opportunity.
Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced that it has raised €3 billion for CI Energy Transition Fund I, its new fund aimed at investing in next generation renewable energy infrastructure, with a particular focus on decarbonizing hard to abate industries. The fund surpassed its prior €2.25
million in seed capital, with proceeds supporting the company’s solutions aimed at enabling industrial and transport decarbonization. This new funding will accelerate our product in the market as we aim to decarbonize industries like transportation and manufacturing, offering a cost-effective route for green hydrogen production.
Lenovo is fully committed to its role in helping mitigate the impact of climate change and is taking direct action with regards to how we manage services and transport solutions globally; in addition to innovative product design and the use of sustainable materials in manufacturing. About Maersk. Website: www.maersk.com.
Computer manufacturer Lenovo announced today a partnership with global transport and logistics company Kuehne+Nagel aimed at enabling Lenovo customers to minimize the carbon footprint of shipping IT products. SAF is generally produced from sustainable resources, like waste oils and agricultural residues.
A global challenge, a regional response As the world celebrates World Ocean Day 2024, Indonesia takes center stage for its pioneering efforts towards sustainable shipping. Within the Association of Southeast Asian Nations (ASEAN), a region heavily reliant on maritime trade, the need for sustainable shipping practices is particularly acute.
By giving greater visibility into overall operations, digital technologies can boost safety, productivity and efficiency in physical industries such as mining, manufacturing and oil and gas, according to Nokia Bell Labs Consulting. times higher operating margins and 2.6 times higher shareholder returns than those with lower ESG scores.
In the climate world, aviation is referred to as a hard-to-abate sector, alongside other heavy industries — shipping, aluminum, cement and concrete, among others — that aren’t easy to decarbonize through redesign or electrification. But like modern planes themselves, a lot of moving parts are involved.
The STAT Trade Times article, which is one of our Top Stories, is a comprehensive wrap up of the state of the air cargo industry (negatives and positive) and related players (regulators, industry associations, airport managers, aircraft manufacturers, and other stakeholders) involved in “sustainable innovation.”
SWORDS, Ireland, November 20, 2023 /3BL/ - Trane Technologies (NYSE: TT), a global climate innovator, today announced a significant milestone for its industry-leading, sustainable climate solutions – with more than one million HVAC units with low-carbon steel shipped to homeowners and commercial customers across the U.S.
We also engaged EY to confirm that our targets for Aluminium, Automotive Manufacturers, Cement, Commercial Real Estate, Oil and Gas, Power, Shipping, Steel and Coal, meet the long-term temperature goal of the Paris Agreement, and are mathematically accurate in reference to third-party scientific scenarios.
A global coalition fronted by former Vice President Al Gore promises granular insights and data into those sources — down to individual power plants, ships or factories. Secondly, reduce the electricity required to manufacture semiconductors. Where did they originate? How can we be sure?
or less in line with the Paris Agreement, it is essential to decarbonize our economy by 2050. And there is no decarbonizing our economy without decarbonizing buildings. The products we manufacture have a significant lifetime, often upwards of 15-20 years or more. As such, it is also set against a 2019 baseline.
The report, A Sustainable Flame: The Role of Gas in Net Zero , states that gas has a significant part in both the near-term and long-term energy decarbonization targets owing to the ability of existing infrastructure to be converted to carry low-carbon fuels including ammonia, hydrogen, synthetic methane, and renewable natural gas.
Metals technology company Boston Metals announced today that it has raised $262 million at the close of its Series C fundraising, with proceeds from the financing to be used to accelerate its platform enabling decarbonized steelmaking. The company announced the first close of the funding round in January at $120 million.
Decarbonization-focused startup Syzygy Plasmonics announced that it has raised $76 million in a Series C financing round aimed at accelerating the delivery of the company’s low-carbon hydrogen technology. Syzygy is focused on reducing emissions in chemical manufacturing through electrification.
The investment will be made by Brookfield’s $15 billion decarbonization-focused Brookfield Global Transition Fund (BGTF I), and marks Brookfield’s first direct investment in sustainable aviation fuel. billion to accelerate the company’s eFuels platform and its production of synthetic sustainable aviation fuel (eSAF).
will soon begin building its new gigawatt electrolyzer manufacturing plant in Guadalajara, Castilla-La Mancha, Spain, reaffirming the company’s commitment to play a key role in expanding the green hydrogen economy in Europe and globally. SOURCE: Cummins Inc. DESCRIPTION: Global power leader Cummins Inc. KEYWORDS: NYSE:CMI, Cummins Inc.,
Climate technology startup Electric Hydrogen (EH2) announced today it has raised $198 million in a financing round aimed at enabling it to scale its electrolyzer technology and demonstration projects to produce green hydrogen, supporting the decarbonization of global industries.
To calculate credits, Lenovo estimates CO 2 emissions over the average lifecycle of devices, from manufacturing to shipping, use and disposal. As one of the first PC manufacturers in the world to offer this service in the technology industry, Lenovo offers the CO2 Offset service for its Think, Legion and Yoga PC lines and servers.
It is produced in a carbon-neutral manufacturing process using biomass and hydro-generated power. Through increased shipping efficiencies, the solution produces a lower carbon footprint as compared to resource-intensive glass wine bottles. liters to 4 liters at packaging speeds up to 35 packages per minute (ppm).
Accelerating decarbonization through partnerships with companies like Hysetco is key to Cummins’ Destination Zero strategy,” said Piet Berens, Cummins’ Managing Director – Electrolyzers. “We We are committed to establishing green hydrogen as a viable alternative energy vector and furthering the green hydrogen economy globally. “We
Historically, some 40% of the raw materials entering the site do so by freight ships. In the summer of 2018, these were scraping bottom; cargo traffic was reduced to a trickle, and ships could be only partially laden. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon.
At its base level, a circular economy comes down to limiting waste in the manufacturing process and finding ways to extend the life cycle of every product we use. 95 percent of this comes from the manufacturing processes, including the extraction of raw materials and shipping.”
Many of these technologies will rely heavily on artificial intelligence algorithms and densely layered digital mapping applications, such as Google Maps, Tom Tom, and Waze, as well as proprietary systems being developed by car manufacturers.
India, [link] Navalt is an ecological marine tech company that specialises in the manufacturing of solar electric vessels. With its innovation, the young company is helping to accelerate the complete electrification of shipping. Heatrix’s solution has the potential to decarbonize the majority of high-emission industries.
European Commission President Ursula von der Leyen committed to introduce a new “Clean Industrial Deal” early in her second mandate, aimed at directing investment towards infrastructure and industry, particularly in energy intensive sectors, in order to support the EU’s industrial decarbonization, growth and competitiveness goals.
JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050.
For every billion dollars in exports shipped through U.S. Understanding the environmental impact of seaports When compared to aviation and trucking, ocean shipping remains the most environmentally efficient means of cargo transportation. trillion in economic activity. seaports, 15,000 jobs are created. Crowley, a U.S.
Both the Japanese technology manufacturer and the Thai company benefit, creating net GHG emission reductions. The hydrogen supply chain is key for developed economies in achieving decarbonization goals, especially in light of the expected steady increase in carbon taxes. Model 3—Utility-Green Hydrogen Partnerships.
As a tool for deep decarbonization, hydrogen can be deployed to add stability and flexibility to electric grids, thereby enabling the integration of even more renewable power.
based manufacturer of sporty, one-person electric cars, recalled 429 of its three-wheel “Solo” models in February, due to both performance (occasional losses of power) and regulatory issues. And according to Victoria-based Audette Analytics, the sector “is far behind on the road to decarbonization.”
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