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He is the quintessential modern explorer, for whom every big mission has a purpose, which generally boils down to environmental and climate-change awareness. IEEE Spectrum interviewed Bertrand Piccard at a pivotal moment in the hydrogen-powered aircraft project, with the plane, called Climate Impulse , about 40 percent built.
The EU-India Clean Energy and Climate Partnership included a plan to develop a waste-to-hydrogen facility in Pune, led by the Pune Municipal Corporation (PMC) and The Green Billions Limited (TGBL). The 450 crore ($54M) project was intended to process 3.8 million metric tons of waste using Refuse-Derived Fuel (RDF) and.
While fossil fuels still play a significant role in the province’s electricity generation, research shows that EVs produce fewer greenhouse gas emissions than gasoline cars — even on grids with higher carbon intensity. As the grid continues to evolve, the climate benefits of EVs will continue to grow. and sign up for our newsletter.
Increased Consumer Awareness and Demand Growing concerns about climate change and rising fuel costs have led consumers to opt for greener transportation alternatives. Corporate fleet electrification initiatives from companies like Amazon, UPS, and Uber have further driven demand. Volkswagen ID.4,
This isnt a fringe experiment or a corporate PR stunt. Wizz Air made headlines recently by signing a major deal to purchase sustainable aviation fuel derived from treated human poop. The optics are amusing, but the implications are profound. Its a signal that the aviation industry is moving toward a.
That was the pitch when Pune Municipal Corporation and The Green Billions Limited announced Indias first waste-to-hydrogen project. The idea was seductive: turn Punes mountains of garbage into clean hydrogen fuel. The citys waste problem would be solved, and India would get a head start in the global hydrogen economy.
Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior.
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.
General Motors is the first automaker among 40 major US companies to sign a “ Climate Declaration ,” collectively asserting that responding to climate change is good business. The campaign is organized by sustainable business advocacy group Ceres and its Business for Innovative Climate & Energy Policy, or BICEP, coalition.
Siemens USA has set a goal to transition to a fully carbon-neutral fleet in the US by 2030. To address these emissions, the company assembled a multi-disciplined team of experts in fleet, fleet infrastructure, facility efficiency, and climate action to implement a strategic plan.
There is a high degree of variability in the carbon intensity of hydrogen production, even using the same technologies or pathways. The creation and adoption of these technical protocols will help build and harmonize the hydrogen market, contextualize climate solutions, advance transparency and support global trade in low-carbon hydrogen.
At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value chain by 2045. Achieving carbon neutrality will be based on three key pillars: Sustainable Mobility; Sustainable Planet; and Sustainable Energy. Earlier post.).
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. is a privately owned Alberta corporation formed in 2001 to design, build and operate biogas cogeneration facilities.
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.
The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Adding as little as 10% UBQ GHG to a part can immediately transform it into a carbon-neutral product. Polymers typically emit 1.9
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.
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,
announced its next environmental sustainability strategy—PLANET 2050—which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climate change. By 2050, Cummins is targeting net-zero carbon emissions. Cummins Inc. —Eric Olson, Senior Vice President at BSR.
They are the product of Amazon’s partnership with Rivian, which the companies announced in 2019 when Amazon co-founded, and became the first signatory of The Climate Pledge—a commitment to reach net-zero carbon across its operations by 2040.
Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.
Last month your Creative Greenius weighed into the issue of carbon cap and trade on the TerraPass Footprint website. I offered my take on an article entitled: “ Hacks and Handout-Seekers Hate Obama’s Climate Plan “ If you’re not familiar with TerraPass Footprint this is a great opportunity to check them out.
A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. In the report— Carbon Tax Revenue and the Budget Deficit: A Win-Win-Win Solution?
Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone. All of humankind needs energy that is reliable, cleaner and more affordable.
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. —GM CEO Mary Barra.
Chevrolet is investing in clean energy efficiency initiatives of US colleges and universities through its voluntary carbon-reduction initiative. This marks the first time college campuses can use carbon performance methodologies to make money via greenhouse gas reductions that result from energy efficiency.
Joe Galliani Selected As Climate Leader Just As Global Warming Reaches Tipping Points. I have no excuse for my ugly and excessive flying carbon footprint and only the carbon offsets I purchase ease any of my guilt. But I’m not going to stop. First staff job I’ve had since 1982.
At 2:56 AM PST today, NASA’s Orbiting Carbon Observatory 2 (OCO-2) was successfully launched into orbit from Space Complex 2 West at California’s Vandenberg Air Force Base, riding on a two-stage Delta II 7320-10 launch vehicle. by Jack Rosebro. This measurement is unique like a fingerprint, and can be used for identification.
These begin with an investment in carbon reduction projects via a partnership with 3Degrees to offset emissions created from e-Golf production, distribution and from the estimated emissions produced from keeping the vehicle charged through the initial 36,000 miles of its life. 3Degrees and carbon offsets. Volkswagen of America, Inc.
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.
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.
The purchase of the EVs represents a continued effort by Artemis DNA to reduce the carbon footprint of its operations. Artemis DNA has been aggressively pursuing a commitment to a robust environmental, social and governance (ESG) initiative which includes a number of climate-oriented goals.
Chevrolet is purchasing carbon credits worth up to $5 million to help 11 colleges in the US pay for energy efficiency-based carbon reductions. The GM brand will retire the carbon credits to benefit the climate instead of using them to offset the emissions of Chevrolet vehicles or operations. Of the nearly 8.2
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. CO 2 Solutions’ process.
The electrolyzer will produce oxygen and hydrogen for Ovako’s steel-heating process and is a major step towards zero-carbon emission steel production. To support its climate initiatives and new technology investments, Ovako will add a climate surcharge on its steel from January 2022. Source: Ovako.
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.) —Ola Källenius.
Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.
Alberta, Canada’s Climate Change and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. The projects have a combined value of more than $327 million (US$321 million).
The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). —DBCCA. Source: DBCCA.
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.
liter, heavy-duty opposed-piston, three-cylinder diesel engine it developed in a project funded by the California Air Resources Board (CARB) and several partners ( earlier post ) has entered fleet service with WALMART Corporation in a Peterbilt 579 tractor. The project team also demonstrated that the engine reduces carbon dioxide by 10%.
Toyota’s first standalone, early-stage venture capital firm, Toyota AI Ventures, will change its name to Toyota Ventures and grow its total assets under management to more than $500 million with the addition of two $150 million early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund.
Alberta-based Climate Change and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The CCEMC is a not-for-profit corporation that operates independently of government. million cars off the road.
In an opinion piece in the journal Nature , a team from the US and Europe suggests that the transition to a low-carbon world will create new rivalries, winners and losers, and that it is therefore necessary to put geopolitics at the heart of debates about the energy transition. abating carbon will create losers. Business as usual.
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