Remove Climate Change Remove CO2 Remove Companies Remove Green
article thumbnail

Snam and Saipem sign MoU to work together on green hydrogen development and CO2 capture

Green Car Congress

Italy-based Snam, a leading energy infrastructure operator, and Saipem, an Italian multinational oilfield services company, have signed a Memorandum of Understanding to start working together to define and to develop initiatives for green hydrogen production and transport, and for carbon dioxide capture, transport and reuse or storage (CCS and CCU).

Hydrogen 323
article thumbnail

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. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

article thumbnail

United and Oxy collaborate with syn-bio company Cemvita to produce SAF from CO2 using microbes

Green Car Congress

United and OLCV have previously worked together on new approaches to combat climate change. Cemvita Factory uses synthetic biology to produce microbes that turn carbon dioxide into chemicals and alternative fuels, including sustainable aviation fuel.

CO2 259
article thumbnail

Six Japan-based companies establish Research Association of Biomass Innovation for Next Generation Automobile Fuels

Green Car Congress

It is crucial to provide diverse energy options to meet the needs of many different regions and customers in order to achieve carbon neutrality, the companies said. Research on Byproduct Oxygen, CO 2 Capture, and Utilization. Research on the Efficient Operation of the Overall System, Including Fuel Utilization.

article thumbnail

Maersk sets net zero CO2 emission target by 2050

Green Car Congress

Maersk, the world’s largest container shipping company, has set a goal to reach carbon neutrality by 2050. of global CO2 emissions. In 2019, Maersk is planning to initiate open and collaborative dialogue with all possible parties to tackle climate change.

CO2 286
article thumbnail

DHL, Shell and Grundfos Bio-LNG pilot for road freight delivers 85% CO2 savings over conventional diesel

Green Car Congress

This corresponds to the emissions of more than 89,900 km driven by a diesel truck and represents 85% of CO2 savings compared to a traditional diesel engine. To fight against climate change, the transport sector needs true decarbonization. The logistics industry is currently responsible for 11 percent of global carbon emissions.

CO2 170
article thumbnail

AP Ventures makes follow-on investment in small-scale GTL company Greyrock Energy

Green Car Congress

The Global Gas Flaring Reduction Partnership, a World Bank initiative, notes that billions of cubic meters of natural gas are flared annually at oil production sites, wasting valuable energy resources and contributing to climate change by releasing millions of tons of CO2 into the atmosphere.

Companies 186