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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.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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C global warming. SSP1, sustainability—taking the green road; SSP2, middle of the road; SSP5, fossil-fueled development—taking the highway. The paper is published in the journal Nature Climate Change. Current policies will create a mitigation gap of up to 19?GtCO Milovanoff et al. —Milovanoff et al.

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Fusion Fuel Green partners with CCC to develop green hydrogen demonstrator plants in Middle East

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Ireland-based electrolyzer company Fusion Fuel Green PLC will collaborate with Consolidated Contractors Group S.A.L. Offshore) (CCC), to develop green hydrogen plants in the Middle East. CCC is a globally diversified company specializing in Engineering and Construction. However, the cost is one very large fly in the ointment.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. Source: “Assessing the costs.” The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement.

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IRENA: doubling global share of renewable energy by 2030 could save trillions annually from avoided expenditures on pollution and climate change

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Doubling the share of renewables in the global energy mix by 2030 can save up to US$4.2 trillion annually by 2030—15 times more than the costs— according to a new report by the International Renewable Energy Agency (IRENA). Under existing national plans, the global renewables share would only reach 21% by 2030.

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Our ultimate goal is to fight climate change and build a sustainable future. We are running out of time to limit global warming. Climate change and on-going supply chain issues will accelerate the transition to clean energy sources. million km as of 30 April 2022.

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