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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

Green Car Congress

Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. Under these targets, Rio Tinto’s overall growth between now and 2030 will be carbon neutral.

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Rio Tinto validates BioIron process for low-carbon iron-making; biomass and microwave energy

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Rio Tinto has shown the effectiveness of a low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany, and is now planning the development of a larger-scale pilot plant to further assess its potential to help decarbonize the steel value chain. Earlier post.) Earlier post.)

Carbon 199
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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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BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. 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.

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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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CMA CGM creates US$1.5B fund to accelerate energy transition in shipping and logistics

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Shipping major CMA CGM Group is creating a Special Fund for Energies to accelerate its energy transition and achieve net-zero carbon by 2050. The CMA CGM Group has already begun to respond to climate change by using liquefied natural gas (LNG) as a transitional maritime fuel.

Energy 315
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IEEE’s Plan To Help Combat Climate Change

Cars That Think

The IEEE Board of Directors formed an ad hoc committee on climate change in February to coordinate its response to the global threat. that provides buildings with energy-efficiency solutions. Why should IEEE be involved in combating climate change? His answers have been edited for clarity.

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Teijin begins life-cycle analysis of its carbon fibers

Green Car Congress

Teijin Limited has started to carry out a life-cycle assessment (LCA) of its carbon fibers to calculate their total carbon emissions—an industry first. Teijin’s LCA is useful in identifying carbon hotspots in manufacturing processes and evaluating options for emissions reduction.