Remove Climate Change Remove Emissions Remove Industry Remove Universal
article thumbnail

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

Green Car Congress

Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to $85 million. Full-scale prototype of Universal Hydrogen's gaseous hydrogen module, with one capsule removed.

Hydrogen 397
article thumbnail

Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

Green Car Congress

Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The new targets for 2030 are: A further 30% reduction in Rio Tinto’s emissions intensity from 2018 levels.

article thumbnail

ARPA-E selects SwRI to create more effective burner to reduce methane emissions

Green Car Congress

Southwest Research Institute (SwRI) will collaborate with the University of Michigan (UM) to use additive manufacturing and machine learning to create an advanced burner that will eliminate 99.5% of the methane in gas flares used by the oil and gas industry. of the methane in gas flares used by the oil and gas industry.

Emissions 434
article thumbnail

Study: Fossil fuel CO2 emissions reached max daily decline of 17% in April

Green Car Congress

A preliminary analysis of global data has found that carbon dioxide emissions from fossil fuel sources reached a maximum daily decline of 17% in April as a result of drastic decline in energy demand that have occurred during the COVID-19 pandemic. Percentage change in global daily fossil CO 2 emissions, Jan-May 2020.

Emissions 355
article thumbnail

UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

Green Car Congress

The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. —Ryan et al. —Ryan et al.

Climate 428
article thumbnail

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

All regions of the world do not—and will not—experience the effects of CO 2 emissions in the same way. Some will suffer greatly from climate change, while others may even benefit. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A.

Tax 397
article thumbnail

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

Green Car Congress

A new study by researchers at the University of Toronto has found that current US policies are insufficient to remain within a sectoral CO 2 emission budget for light-duty vehicles that is consistent with preventing more than 2?°C GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). C global warming.