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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. —Ryan et al.

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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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More than 1GWh of batteries are now sailing on waters globally, reflecting 72% industry growth in 2022, according to a new report from IDTechEx. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels. The potential is huge.

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Industry & environmentalists tell EU the future of shipping fuel is green hydrogen and ammonia

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The EU should promote the use of green hydrogen and ammonia by ships as part of its upcoming maritime fuel law, major shipping industry players and environmentalists have told the European Commission. Green hydrogen and ammonia offer a clean future for the shipping and fuels industry. Globally, €1.4

Hydrogen 360
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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. In total, an amount in the low nine-figure USD range is flowing into HIF Global LLC. AME remains the majority shareholder of HIF Global LLC. Earlier post.).

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

Tax 397
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AIChE and IChemE to build global alliance on hydrogen

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The partnership will bolster the professional societies’ shared interest in supporting industry in the adoption of hydrogen as an energy carrier for industrial and commercial applications that will form a vital part of the road to net zero greenhouse gas emissions. The letter of intent was signed on 10 May 2023, by Billy B.

Hydrogen 218
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Sasol and Topsoe to form JV to accelerate global SAF production

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The aviation sector alone contributes 2-3% of global carbon emissions. Sustainable aviation fuels decarbonizing air transport are called for globally by industry and regulators. Together, this proven partnership intends to bring future-proof solutions to the market.

Global 150