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Mote begins engineering work on biomass-to-hydrogen plant with carbon capture

Green Car Congress

With the engineering work of their first facility underway, Mote expects to produce approximately seven million kilograms of carbon-negative hydrogen and remove 150,000 metric tons of CO 2 from the air annually. Mote is joined by Fluor Corporation and SunGas Renewables, Inc. to develop its new plant.

Carbon 199
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Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

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Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.

Hyundai 448
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Daimler targeting carbon-neutral new passenger car fleet by 2039; PHEVs and EVs > 50% of sales by 2030

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Daimler AG aims to have a carbon-neutral new passenger car fleet by 2039, said Ola Källenius, the future Chairman of the Board of Management of Daimler AG, and currently still responsible for Group Research & Mercedes-Benz Cars Development as a member of the Board of Management. —Ola Källenius. Earlier post.)

Carbon 230
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Indian Oil signs MOU with LanzaJet on sustainable aviation fuel production in India

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Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. IndianOil is adopting mitigation efforts such as sustainable fuel alternatives to advance the country’s clean energy goals.

India 170
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Alberta Climate Change and Emissions Management (CCEMC) Corporation Awarding C$37.5 Million in Funding for Renewable Energy Projects from Biofuels to Home Generation

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Alberta, Canada’s Climate Change and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 One compliance option is to pay into the Climate Change and Emissions Management Fund at $15/tonne. Enmax Corporation , C$14.5 million (US$36.6 million (US$1.76 ECB Enviro North America Inc. ,

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Among other expected benefits, initiatives outlined in Ford’s sustainable financing framework are intended to help the company become carbon-neutral no later than 2050, in line with its commitment to the Paris Agreement. The framework will also govern how the proceeds will be managed and how Ford and Ford Credit will report results.

Financing 170