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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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UGA study finds black carbon aerosols from GDI engines will worsen public health, climate; need for GPFs

Green Car Congress

The gasoline direct injection (GDI) engine is one of the most prominent technologies car manufacturers adopted to achieve the fuel economy and carbon dioxide emission goals established in 2012 by the US Environmental Protection Agency. A strong absorber of solar radiation, black carbon exhibits significant climate warming properties.

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Kia EV6 achieves product carbon footprint certification from the Carbon Trust

Green Car Congress

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.

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Infinium to provide ultra-low carbon electrofuels to Amazon trucking fleet starting in 2023

Green Car Congress

Electrofuels provider Infinium announced an agreement with Amazon to begin using Infinium Electrofuels in the retailer’s middle mile fleet as an ultra-low carbon alternative to traditional fossil fuels. The clean burning electrofuels will be produced for Amazon at one of the first electrofuels production facilities, located in Texas.

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STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The STEAG power station in Duisburg-Walsum, the site for the construction of a large-scale green hydrogen generation system. ©euroluftbild.de/Hans In the coming years, thyssenkrupp Steel’s climate strategy will entail a continuously increasing and constant demand for green hydrogen. ©euroluftbild.de/Hans Hans Blossey.

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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Carbon credits can help in achieving net zero goals and inculcate better business practices as well. Upon success, they receive carbon credits.

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SMUD Board of Directors adopts climate emergency declaration; carbon neutrality by 2030

Green Car Congress

The SMUD (2020 Sacramento Municipal Utility District) Board of Directors adopted a climate emergency declaration that commits to working toward an ambitious goal of delivering carbon-neutral electricity by 2030. Furthermore, SMUD has reduced the carbon intensity of its power mix, which is now 50% carbon-free on average.

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