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Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

Green Car Congress

The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. By 2040, Volvo Cars aims to be a climate-neutral company. The new contract addresses the last 30%.

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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. BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

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The Paris Agreement calls for global warming to be limited to 2 ?C C above pre-industrial levels, and preferably 1.5 °C. One path to achieving this is with renewable synthetic fuels (e-fuels). Bosch outlines seven reasons why renewable synthetic fuels should be part of tomorrow’s mobility mix: Time. Climate neutrality.

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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

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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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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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Estimated consumption subsidies, industrial and developing countries, fossil fuels and renewables. Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. Source: Worldwatch. Click to enlarge. trillion (US$27.7

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