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3 Oil Majors That Bet Big On Renewables

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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. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
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Enviva and MOL to develop sail-powered bulk carrier to cut GHG emissions in biomass supply chain; Wind Challenger hard sail

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Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui O.S.K. This will include the “Wind Challenger”, a cargo ship design with a hard sail, which would reduce emissions by harnessing wind energy. MOL has been jointly studying the wind technology with cross-industrial partners.

Wind 221
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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. As utilities do this, the mindset of energy leaders will change.

Renewable 399
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IEEE Discusses 6 Simple Solutions to Climate Change at COP27

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Simple, effective solutions that can help lessen the impact of climate change 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 climate change.

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IEEE’s Plan To Help Combat Climate Change

Cars That Think

The IEEE Board of Directors formed an ad hoc committee on climate change in February to coordinate its response to the global threat. Why should IEEE be involved in combating climate change? We are not a power company, a government, or a business that has a target to achieve, but a neutral platform.

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Report: $12.1T must be invested in new renewable power generation over next 25 years to limit climate change

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To reach the level of investment in new renewable power generation needed to avert dangerous climate change, $12.1 Among the report’s key highlights: Achieving the Paris climate agreement’s goal to limit global temperature rise to below 2 degrees Celsius will require $12.1 This includes an additional $5.2

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Kinder Morgan and Neste partner on major renewable fuels logistics project in US

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This clearly shows the positive role America’s existing energy infrastructure can play in creating a sustainable future and fighting climate change. 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.

Renewable 320