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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. 1 growth in 2019 launches and re-entries.

Climate 428
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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.).

Porsche 243
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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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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. —Jon Moore, CEO of BNEF.

Gas 243
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IEA’s Hydrogen TCP undergoes a major revamp to support global implementation of hydrogen and international collaboration

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The International Energy Agency (IEA) created the Hydrogen Technology Collaboration Program (TCP) in October 1977. The IEA’s Hydrogen TCP is now undergoing a major renovation for international collaboration in boosting hydrogen technologies globally.

Hydrogen 170
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221
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Polestar, Rivian report concludes automotive industry tracking to overshoot IPCC emissions target by 75%

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Polestar and Rivia have collaborated on a ‘ Pathway Report ’ which concludes that the automotive industry is set to overshoot the IPCC’s 1.5-degree The report, which uses existing, open-source data to model the current trajectory for emissions stemming from the car industry, was carried out by global management consulting firm Kearney. …