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EPA and DOE to provide more than $1B to reduce methane emissions from oil and gas sector

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The US Environmental Protection Agency (EPA) and US Department of Energy (DOE) are partnering to provide more than $1 billion in funding to help reduce methane emissions from the oil and gas sector through the creation of the Methane Emissions Reduction Program. Includes flexibilities and exemptions.

EPA 303
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Volkswagen Group continues switch to low-emission logistics with order for four more LNG ships

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Volkswagen is the first automaker to transport most of its new vehicles overseas using low-emission LNG ships. The further decarbonization of shipping will result in substantial CO 2 reductions, with the use of liquid natural gas enabling Volkswagen to cut the ships’ CO 2 emissions by up to 25% percent (tank-to-wake).

Emissions 476
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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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Volvo Cars Torslanda becomes company’s first climate-neutral car plant, second in overall network

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Volvo Cars announced that its Torslanda site in Sweden is its first car manufacturing plant to reach fully climate-neutral status. This makes Torslanda the second plant in its overall manufacturing network to reach this status, after the Skövde engine plant in Sweden became climate-neutral in 2018. Torslanda plant.

Climate 221
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Waste gasification company Sierra Energy closes $33M Series A funding; FastOx

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The funding will help Sierra Energy further develop and commercialize its FastOx gasification technology, which converts virtually any waste into clean, renewable energy and fuels without burning. Waste is fed into the top of the gasifier vessel through an airlock. Purified oxygen and steam are injected into the base.

Sierra 316
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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

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To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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Tenneco exploring synthetic fuels for climate-neutral mobility; NAMOSYN project

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Tenneco is putting its 100-plus years of powertrain expertise in improving vehicle fuel efficiency and reducing emissions to work to explore synthetic fuels (e-fuels) as a viable near-term solution to further maximize the efficiency and minimize the carbon footprint of internal combustion engines (ICE).

Climate 243