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ABB, Hydrogène de France jointly to manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels

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ABB has signed a Memorandum of Understanding (MOU) with Hydrogène de France to manufacture jointly megawatt-scale fuel cell systems capable of powering ocean-going vessels (OGVs). of the world’s total greenhouse gas emissions, there is an increased pressure for the maritime industry to transition to more sustainable power sources.

France 397
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Universal Hydrogen secures additional $62M in financing to accelerate first test flight of hydrogen-powered regional aircraft to 2022

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While regional aviation represents a sizable market opportunity and an important early proof point in the fight against climate change, it is a small fraction of total aviation emissions. The gravity of climate change is forcing a tipping point in the green hydrogen ecosystem of producers, distributors, and consumers.

Hydrogen 397
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Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

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Plug Power, Chart Industries, Inc. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker Hughes each intend to commit €50 million respectively ($60 million). FiveT will communicate more broadly about the project in the coming days.

Hydrogen 170
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Airbus and major airlines partner to explore direct air carbon capture technology

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Airbus and a number of major airlines—Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic—have signed Letters of Intent (LoI) to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology.

Carbon 259
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Copenhagen Diagnosis Released, Detailing Accelerating Indicators of Climate Change In Last Three Years

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A team of 26 climate scientists from Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States have published the “Copenhagen Diagnosis”, an interim synthesis report on developments in climate change science from mid-2006 to the present day.

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EEA: increase in EU GHG emissions, mostly due to transport, hampers progress towards 2030 targets

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Greenhouse gas (GHG) emissions across the European Union rose slightly in 2017, mostly because of the transport sector. emissions increase in 2017 from 2016. This limited increase means that the EU is still expected to achieve its 2020 emissions reduction target, albeit by a narrower margin. from the year before.

Emissions 257
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3 Oil Majors That Bet Big On Renewables

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Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor. Eni has announced plans to cut down its greenhouse gas emissions by 80% over the next three decades.

Oil 418