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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels.

Waste 243
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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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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.

Renewable 199
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DHL to use biofuel to neutralize carbon emissions of all ‘less-than-container’ load shipments in ocean freight globally

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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 climate change, the transport sector needs true decarbonization.

Carbon 321
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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

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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.

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GM achieves perfect scores on climate change data disclosure and performance in CDP report

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General Motors for the first time achieved perfect scores on both climate change 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 climate change.

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Oberon Fuels partners with SHV Energy to accelerate use of renewable DME (rDME) for low-carbon propane blends

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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.

Renewable 221
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Walmart to electrify fleet by 2040

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Walmart announced it is targeting zero emissions across the company’s global operations by 2040. We face a growing crisis of climate change and nature loss and we all need to take action with urgency. —Doug McMillon, president and CEO, Walmart, Inc.

Fleet 378