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ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

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ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. Dual scoring system.

Standards 431
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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

Tax 397
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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

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Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate.

Carbon 435
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DHL to use biofuel to neutralize carbon emissions of all ‘less-than-container’ load shipments in ocean freight globally

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DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. To fight against climate change, the transport sector needs true decarbonization.

Carbon 321
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SCS Global Services, Electrify America and Verra announce first validation of carbon-offset project for EV chargers

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SCS Global Services (SCS), Electrify America and Verra announced the first validation of a carbon-offset project under a new methodology for electric vehicle (EV) charging systems. was pioneered by the Electric Vehicle Charging Carbon Coalition (EVCCC), of which Electrify America was a founding member.

America 221
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ExxonMobil and Global Thermostat in joint development agreement to advance atmospheric carbon capture technology

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ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. These carbon sponges efficiently adsorb CO 2 directly from the atmosphere, smokestacks, or a combination of both.

Carbon 230
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Cohort of new stakeholders joins Open Hydrogen Initiative

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In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.

Hydrogen 482