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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. The South Korean government recently announced plans to provide 27.9

Renewable 199
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Deloitte: interest in hybrid vehicles still significantly outpacing full battery-electrics

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As global auto manufacturers continue to invest in electrified vehicle (EV) production, internal combustion engine (ICE) powertrains dominate future US intentions, with 69% of US consumers looking to retain the technology for their next vehicle, according to Deloitte’s 2022 Global Automotive Consumer Study report. Source: Deloitte.

Hybrid 273
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 Renewables also played a significant, but smaller, role.

Economy 199
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Perspective: The Role of Offsets in Climate Change Legislation

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This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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Carbon Disclosure Project Report Finds Global Transportation Sector Lags Behind Global 500 in Reducing GHG Emissions and Setting Targets

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The global transportation industry firms lag behind ‘Global 500 Companies’ in reducing greenhouse gas emissions and setting reduction targets, according to a new report from the Carbon Disclosure Project (CDP). Source: CDP. Click to enlarge. CDP drew on two datasets for the analysis. trillion to US GDP (9.5%).

Global 218
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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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A new report commissioned by the World Bank, and prepared by the Potsdam Institute for Climate Impact Research (PIK) and Climate Analytics, provides a snapshot of recent scientific literature and new analyses of likely impacts and risks that would be associated with a 4 °C global warming within this century.

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IEEE President’s Note: Making IEEE a Force for Change

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As 2023 IEEE president, it is my goal to work with all members—particularly our students, young professionals, and affinity committee members—to make IEEE a more successful and resilient global technical organization and for there to be global recognition of IEEE as a force for change.