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Biden sets 2030 net GHG reduction target for US of 50-52% below 2005 levels

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US President Joe Biden announced a new target for the United States to achieve a 50-52% reduction from 2005 levels in economy-wide net greenhouse gas (GHG) emissions in 2030. In 2019, US greenhouse gas emissions totaled 6,558 million metric tons of carbon dioxide equivalents (MMT CO 2 Eq.), or 5,769 MMT CO 2 Eq.

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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

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Dominion Energy announced a significant expansion of the company's greenhouse gas emissions-reduction goals, establishing a new commitment to achieve net zero emissions by 2050. The goal covers carbon dioxide and methane emissions, the dominant greenhouse gases, from both electricity generation and gas infrastructure operations.

Emissions 207
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LanzaTech going public via SPAC

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LanzaTech, a company that has developed gas fermentation technology to transform waste carbon into materials such as sustainable fuels, fabrics, packaging and other products that people use in their daily lives, will go public through a merger with AMCI Acquisition Corp. billion pro forma enterprise value.

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China’s CNOOC to acquire Canada-based Nexen for $15.1B; offshore oil and gas, oil sands, and shale gas

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CNOOC Limited—China’s largest producer of offshore crude oil and natural gas and one of the largest independent oil and gas exploration and production companies in the world—is acquiring all of the Common Shares of Canada-based energy company Nexen Inc. billion cash. The price represents a premium of.

Oil-Sands 325
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INEOS investing additional $1.4B in Grangemouth complex in next phase of GHG reductions; blue hydrogen

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billion) in Grangemouth, its integrated refinery and petrochemicals complex in Scotland, in the next phase of reducing greenhouse gas emissions to net zero by 2045. INEOS acquired Grangemouth in 2005, and has so far delivered a 37% reduction in net CO 2 emissions. INEOS will invest an additional £1 billion (US$1.4 Grangemouth.

Hydrogen 369
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Argonne and NGO Energy Vision case studies demonstrate success of renewable natural gas as transport fuel

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The US Department of Energy’s Argonne National Laboratory and the sustainable energy NGO Energy Vision released two case studies assessing the results of projects that were among the first to produce Renewable Compressed Natural Gas (R-CNG) vehicle fuel by using anaerobic digesters to capture the biogases from decomposing organic waste.

Renewable 170
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Lowe’s launches dedicated LNG-powered truck fleet at Texas RDC; goaling all natural gas trucks by 2017

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Home improvement products company Lowe’s has launched a dedicated fleet of natural gas-powered trucks at its regional distribution center (RDC) in Mount Vernon, Texas. Lowe’s dedicated fleet at Mount Vernon is among the first serving a major retail distribution center in North America to run solely on natural gas.

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