article thumbnail

Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

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.

article thumbnail

Audi of America launches Internal Carbon Price program to support goal of lowering CO2 footprint 30% by 2025

Green Car Congress

Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions.

Audi 170
article thumbnail

ArcelorMittal Tubarão, Brazil first ResponsibleSteel steelmaking site in Latin America

Green Car Congress

The company manufactures flat steel products—primarily hot-rolled plates and coils—for both domestic and international markets. They are: Corporate Leadership. Climate Change and Greenhouse Gas Emissions. ArcelorMittal Tubarão is the third-largest Brazilian producer of rolled flat steels. Labor Rights.

Brazil 259
article thumbnail

Hyundai Motor Group, Aramco and KAUST collaborate on new e-fuel for novel combustion system

Green Car Congress

Hyundai Motor Group is conducting various R&D activities to minimize greenhouse gas emissions from internal combustion engine (ICE) vehicles during its transition to battery electric vehicles (BEV) and fuel cell electric vehicles (FCEV). The tests will be conducted by researchers in the Clean Combustion Research Center (CCRC) at KAUST.

Hyundai 448
article thumbnail

CCEMC launches $35M international challenge to find useful applications for carbon

Green Car Congress

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.

Carbon 186
article thumbnail

NYK Line, JMU and ClassNK partner to commercialize ammonia-fueled ammonia gas carrier

Green Car Congress

NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).

Gas 459
article thumbnail

Mote begins engineering work on biomass-to-hydrogen plant with carbon capture

Green Car Congress

Through this biomass-to-hydrogen process, Mote contributes to reversing climate change through the functional removal of carbon from the air and putting it deep underground or permanently storing it in concrete at construction sites. Mote is joined by Fluor Corporation and SunGas Renewables, Inc. to develop its new plant.

Carbon 199