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Saying that “ investment-grade climatechange 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 climatechange.
Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. But Total is not just content to compete in the traditional renewable energy arena of wind and solar but is also giving Tesla Inc.
The US and China will initiate a ClimateChange Working Group to determine and finalize ways in which they can advance cooperation on technology, research, conservation, and alternative and renewable energy. Such action is crucial both to contain climatechange and to set the kind of powerful example that can inspire the world.
The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climatechange. Improving coordination and support for research efforts on climatechange preparedness.
General Motors for the first time achieved perfect scores on both climatechange data disclosure and performance submitted to CDP , the world’s only global environmental disclosure system. The CDP program enables management of greenhouse gas emissions and risks and opportunities associated with climatechange.
Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climatechange targets and a company objective for net zero emissions from operations by 2050. Rio Tinto’s new 2030 climate targets are linked to executive remuneration.
Globalrenewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.
BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. This year’s edition highlights the growing divergence between demands for action on climatechange and the actual pace of progress on reducing carbon emissions.
In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels. 2020.01.002.
This clearly shows the positive role America’s existing energy infrastructure can play in creating a sustainable future and fighting climatechange. It enhances Neste’s leading position, building on the company’s more than 15-year head start in creating an end-to-end renewable product value chain.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. To fight against climatechange, the transport sector needs true decarbonization.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.
Our ultimate goal is to fight climatechange and build a sustainable future. We are running out of time to limit global warming. We believe that there is no way around hydrogen to realize the energy transition towards renewables.
General Motors and Shell, through its wholly owned subsidiary MP2 Energy, LLC, are collaborating to provide comprehensive energy solutions programs to GM’s customers and supply chain partners, including fixed-rate home energy plans backed by 100% renewable energy resources. of EV charging.
Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. Source: Worldwatch. Click to enlarge. Total subsidy.
A new report commissioned by the World Bank, and prepared by the Potsdam Institute for Climate Impact Research (PIK) and Climate Analytics, provides a snapshot of recent scientific literature and new analyses of likely impacts and risks that would be associated with a 4 °C global warming within this century.
Ford Motor Company intends to achieve carbon neutrality globally by 2050, while setting interim targets to address climatechange challenges more urgently. We don’t have all the answers yet but are determined to work with all of our global and local partners and stakeholders to get there. Ford is investing more than $11.5
trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climatechange catastrophe. A comprehensive global energy transition is urgently needed in order to avert a major planetary catastrophe.
C global warming. The paper is published in the journal Nature ClimateChange. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. Current policies will create a mitigation gap of up to 19?GtCO
It will also act as a base for defining Wärtsilä’s role in this field as part of the global transition to carbon-neutral solutions. In the future, fossil fuels will be replaced by these renewable synthetic fuels to mitigate climatechange, the company said.
The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. It is a strategy rooted in cross-cutting research and engineering to enable industry stakeholders, communities, government agencies, and early adopters to meet their climate goals.
But what should surprise you is learn that when asked what he thought about the science of climatechange and his own sense of urgency on global warming, First Bradford badmouthed California’s landmark Global Warming Solutions Act, AB 32, as “going too far.” ” So is Assemblyman Bradford.
Building on an existing collaboration announced on 27 Jun 2018 with Ballard Power Systems, the leading global provider of proton exchange membrane (PEM) fuel cell solutions, ABB and HDF intend to optimize fuel cell manufacturing capabilities to produce a megawatt-scale power plant for marine vessels. With shipping responsible for about 2.5%
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America. will deliver to the grid by the end of 2020.
The company’s electrification and emissions reduction efforts support the aims of the UN Paris Agreement on climatechange and global progress toward carbon neutrality by 2050. Nissan anticipates increased collaboration with the energy sector to support the decarbonization of power grids; and.
ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. ExxonMobil and Global Thermostat are also exploring opportunities to identify economic uses for captured carbon dioxide.
Walmart announced it is targeting zero emissions across the company’s global operations by 2040. We face a growing crisis of climatechange and nature loss and we all need to take action with urgency. —Doug McMillon, president and CEO, Walmart, Inc.
The GlobalClimate and Energy Project (GCEP) at Stanford University has awarded $10.5 million for seven research projects designed to advance a broad range of renewable energy technologies, including solar cells, batteries, renewable fuels and bioenergy. Batteries Carbon Capture and Conversion (CCC) Fuels Solar'
Simple, effective solutions that can help lessen the impact of climatechange already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climatechange.
Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.
Developing technology to address the causes of climatechange, mitigate its impact, and adapt to the crisis is one of IEEE’s top priorities. To assist with that effort, the IEEE Young Professionals group this year launched its Climate and Sustainability Task Force.
These are the people who in the face of science that says we must transition from fossil fuels to renewable energy or destroy the futures of our children and all who come after them, still want to drill for oil that should never be burned. I’m talking about heroes like climate scientist Michael E. Mann , The Monkey Wrench Gang.
Together, the US and China account for more than one third of global greenhouse gas emissions. The Administration said the United States will submit its 2025 target to the Framework Convention on ClimateChange as an “Intended Nationally Determined Contribution” no later than the first quarter of 2015.
IEEE continues to raise its visibility as a trusted voice on mitigating the effects of climatechange. ClimateChange Conference (COP29). Then in December, IEEE and the International Telecommunication Union held a symposium on achieving climate resilience.
In the study, the Ford team derived regional CO 2 targets for new LDVs while still providing an integrated view of the global LDV fleet—a perspective critical to the planning needs for global automotive firms. They refer to these emission trajectories as the global CO 2 caps. The cumulative CO 2 emissions 2000?2060
Canada’s First Ministers (The Prime Minister of Canada and the provincial and territorial premiers) issued a joint communiqué and released the Pan-Canadian Framework on Clean Growth and ClimateChange following the First Ministers’ Meeting. We will position Canada to contribute to global solutions that can be exported to the world.
To solve the climate crisis, we need to cut this in half by 2030, and get to zero by 2050. For electricity generation, this means the United States alone needs to increase renewable-energy capacities by 10 times over the next 12 years , which roughly translates to a mind-boggling 400,000 more wind turbines and 2.5 seconds per part.
Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 Renewables also played a significant, but smaller, role. Fatih Birol, the IEA’s executive director.
Oberon Fuels, a producer of ultra-low-carbon, renewable dimethyl ether (rDME) transportation fuel, and SHV Energy, the world’s largest distributor of propane fuel, are partnering to accelerate the use of renewable DME to reduce the carbon footprint of transportation fuel. DME is approved as a renewable fuel under the US.
In a paper published in the Journal of Cleaner Production , Associate Professor Lotfi Belkhir and Ahmed Elmeligi, a recent grad, assessed the global carbon footprint of the overall ICT industry, including the contribution from the main consumer devices, the data centers and communication networks, and compared it with total worldwide GHGE.
In a fairly bleak assessment of global progress towards low-carbon energy, the International Energy Agency (IEA) concluded that, despite a few bright spots such as the rapid expansion of renewable technologies and the growth of hybrid and EV sales, the progress is far below that required to achieve a 2 °C pathway—i.e.,
Bank of America has joined Stanford University’s GlobalClimate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.
Global CO 2 emissions from fossil fuel use and cement production reached a new all-time high in 2013, according to the annual report “Trends in global CO2 emissions”, released by PBL Netherlands Environmental Assessment Agency and the European Joint Research Centre (JRC). In 2013, global CO 2 emissions grew to the new record of 35.3
PwC analysis finds a need for global carbon intensity to drop an average of 5.1% Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. Because of this slow start, global carbon intensity now needs to be cut by an average of 5.1% Click to enlarge.
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