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Ammonia market to triple by 2050 with nearly all growth coming from low-carbon supply; shift to energy markets

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The global market for ammonia is poised to triple in the coming decades with nearly all of the growth coming from low-carbon ammonia, according to a new analysis by S&P Global Commodity Insights. The rapid growth in ammonia driven by low-carbon supplies will change the current market beyond recognition.

Market 195
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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

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Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate. The EV6 is the first model to be launched under this new strategy.

Carbon 435
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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

Clean 429
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Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

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This reduction is achieved through a closed-loop carbon recycling system, which could replace 90% of the coke typically used in current blast furnace-basic oxygen furnace systems and produces oxygen as a byproduct. A double perovskite, Ba 2 Ca 0.66 —Kildahl et al. Kildahl et al.

Carbon 468
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Shell introduces new lifecycle approach to cut carbon footprint of aviation lubricants

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Shell Aviation has introduced a new lifecycle sustainability approach for its AeroShell aviation lubricants to avoid, reduce and then compensate for lifecycle carbon emissions, improving aircraft performance while helping customers meet their net-zero greenhouse gas (GHG) or carbon emissions ambitions. million miles since 2021.

Carbon 284
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UK to award £54M to 15 projects developing innovative carbon removal technology

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The UK government is awarding £54 million to 15 projects to develop technologies that remove carbon emissions from the atmosphere. The funding comes under Phase 2 of the Direct Air Capture and Greenhouse Gas Removal technologies competition. The carbon dioxide can then be permanently stored or used in various products or applications.

Carbon 305
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Nikola and KeyState partner to create low-carbon hydrogen value chain in PA

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Nikola Corporation and KeyState Natural Gas Synthesis , a clean hydrogen and chemicals production facility under development, are working together to create Pennsylvania’s first low-carbon hydrogen production value chain, which includes full integration of commercial carbon capture and storage.

Hydrogen 199