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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 1 Equinor. 2 Total SA.

Oil 418
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Nissan to be carbon-neutral by 2050; 100? of new vehicle offerings in key markets to be electrified by early 2030s

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has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. Nissan anticipates increased collaboration with the energy sector to support the decarbonization of power grids; and. Nissan Motor Co.,

Nissan 418
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Intermountain Power Agency orders MHPS JAC Gas Turbine technology for renewable-hydrogen energy hub, operated by LA DWP

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This award marks the first Advanced Class Gas Turbines in the industry specifically designed and purchased as part of a comprehensive plan to sequentially transition from coal, to natural gas and finally to renewable hydrogen fuel, and creates a roadmap for the global industry to follow. and Hitachi, Ltd.

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bp and thyssenkrupp Steel to advance the decarbonization of steel production; low-carbon hydrogen and renewable power

Green Car Congress

bp and thyssenkrupp Steel have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low-carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. This will increasingly require the use of electricity from renewable sources.

Hydrogen 170
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Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

Denmark has been a global leader in sustainability, and has pledged to reduce its carbon emissions by 70% by 2030. While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation.

Denmark 446
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Polestar, Rivian report concludes automotive industry tracking to overshoot IPCC emissions target by 75%

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The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management consulting firm Kearney. … —Pathway Report Passenger vehicles currently account for 15% of all greenhouse gas (GHG) emissions globally.

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Everfuel signs MOU for hydrogen supply to new zero-emission ship concept

Green Car Congress

Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution. Trefor Elnet as the power DSO. Energinet as the power TSO. EWII as power grid analyst.

Hydrogen 293