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Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

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In addition, MEPs say that market-based emissions reduction policies are not enough, so they also introduced binding requirements for shipping companies to reduce their annual average CO2 emissions per transport work, for all their ships, by at least 40% by 2030.

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United and Oxy collaborate with syn-bio company Cemvita to produce SAF from CO2 using microbes

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United and OLCV have previously worked together on new approaches to combat climate change. This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. If performance targets are achieved, UAV and OLCV plan to form a joint venture to commercialize the technology.

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German High Court Rules Delaying Climate Action Harms Youth

EV Obssesion

Germany’s highest court ruled Thursday that the country’s 2019 climate law unconstitutionally saddles young people with the burden of fighting climate change by “irreversibly offload[ing] major emission reductions burdens onto periods after 2030.” The case was brought by […].

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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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in addition to Opus 12, they are: WILDCOAST (Imperial Beach, California) is working to secure a resilient coastline to help protect communities, economies and ecosystems from climate change impacts in the Gulf of California. is using pay-as-you-save financing to help transportation companies switch to electric buses. Energy Access.

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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If the law were to establish negative bids in offshore wind tenders, financing wind farms would be more challenging and send the wrong pricing signals to the market by making wind power unnecessarily expensive, the companies said. Industry needs both in large quantities as soon as possible in order to achieve its climate targets.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector.