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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

Green Car Congress

The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. Olmer et al.

Mariner 427
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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. HKM aims to reduce CO 2 emissions by 30% by the year 2025, and then be as climate neutral as possible by 2045.

Financing 221
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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal GeoHealth.

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Oil and Gas Climate Initiative to invest $1B over 10 years in low-emissions tech

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The Oil and Gas Climate Initiative (OGCI) will invest $1 billion over the next ten years to develop and to accelerate the commercial deployment of innovative low-emissions technologies. OGCI Climate Investments (OGCI CI) will aim to deploy successfully-developed new technologies among member companies and beyond.

Climate 150
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. Natural gas consumption and production was up over 5%, one of the strongest rates of growth for both demand and output for over 30 years. and carbon emissions grew by 2.0%

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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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While natural gas can reduce greenhouse emissions when it is substituted for higher-emission energy sources, abundant shale gas is not likely to substantially alter total emissions without policies targeted at greenhouse gas reduction, according to a new study by two researchers at Duke University. —Newell and Raimi.

Climate 199
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BC government unveils climate plan

Green Car Congress

The government of British Columbia recently unveiled its Climate Leadership Plan , targeting the reduction of net annual greenhouse gas emissions by up to 25 million tonnes below current forecasts by 2050 and the creation of up to 66,000 jobs over the next ten years. —Climate Leadership Plan. Carbon pricing mechanisms.

Climate 150