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CMA CGM creates US$1.5B fund to accelerate energy transition in shipping and logistics

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Shipping major CMA CGM Group is creating a Special Fund for Energies to accelerate its energy transition and achieve net-zero carbon by 2050. The CMA CGM Group has already begun to respond to climate change by using liquefied natural gas (LNG) as a transitional maritime fuel. The subsidiary has plans to install 1.8

Energy 315
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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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The scope of work also includes the installation of a new boiler for heating tanks and railcars and infrastructure improvements for rail, truck and marine movements. This clearly shows the positive role America’s existing energy infrastructure can play in creating a sustainable future and fighting climate change.

Renewable 320
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Perspective: The Role of Offsets in Climate Change Legislation

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If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources.

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Leading UK scientists set out resource challenge of meeting EV targets by 2050

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Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” A 20% increase in UK-generated electricity would be required to charge the current 252.5

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Report Finds that GHG Reductions of More Than 50% from Projected BAU Levels by 2050 from Aviation and Marine Transportation Sectors Are Possible

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Global GHG mitigation potential from aviation and marine transportation. Aviation and marine transportation combined are responsible for approximately 5% of total GHG emissions in the United States and 3% globally and are among the fastest growing modes in the transportation sector. Source: McCollum et al. Click to enlarge.

Mariner 199
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CSIRO/BOM: Australias Mean Temperature has Risen 0.7 C Since 1960, Climate Change is Real

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C (1.26 °F) since 1960 and other observed changes in rainfall, sea level rise, ocean acidification and atmospheric CO 2 concentration show that “ climate change is real ”, according to a joint CSIRO/Bureau of Meteorology (BOM) statement and snapshot of the state of the country’s climate. Ocean acidification.

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World Bank report examines likely impacts and risks associated with a 4 °C global warming within this century

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The report is not a comprehensive scientific assessment, the authors note; one such is slated to be forthcoming from the Intergovernmental Panel on Climate Change (IPCC) in 2013–14 in its Fifth Assessment Report. The report authors acknowledge that uncertainties remain in projecting the extent of both climate change and its impacts.