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Hyundai Motor and Kia to introduce blockchain-based carbon emission monitoring system

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Hyundai Motor Company and Kia Corporation introduced the AI-enabled, blockchain-based Supplier CO 2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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Rio Tinto and Nippon Steel Corporation to cooperate on low-carbon emission steel value chain

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Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) jointly to explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.

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Yamaha Motor invests in CO? removal biotechnology startup Andes

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This marks the first investment made through the US$100-million Yamaha Motor Sustainability Fund established in June last year specifically for investing in early stage companies working to address climate change. Andes is researching methods to use naturally occurring microorganisms to durably store atmospheric CO₂ in the soil.

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

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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.

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GM achieves perfect scores on climate change data disclosure and performance in CDP report

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General Motors for the first time achieved perfect scores on both climate change data disclosure and performance submitted to CDP , the world’s only global environmental disclosure system. The CDP program enables management of greenhouse gas emissions and risks and opportunities associated with climate change.

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Toyota AI Ventures rebrands as Toyota Ventures; additional $300M to invest in emerging technologies and carbon neutrality

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In addition, as part of Toyota’s ongoing efforts to accelerate carbon dioxide reduction, Toyota has established a new Climate Fund that the Toyota Ventures team will manage. The global fund will focus on finding and funding early-stage startups that develop innovative solutions for carbon neutrality.

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