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of the human-made climate impact; two-thirds of this impact are caused by emissions other than CO 2 , according to a new study by researchers in Europe and the US. Schematic overview of the processes by which aviation emissions and increased cirrus cloudiness affect the climate system. Aviation accounts for 3.5%
A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. Rather, it is the leaking of hydrogen from production, transportation and usage that adds to global warming. A global warming potential of 11.6 Sand et al.
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. The space industry is one of the world’s fastest growing sectors.
Air Products and Cummins signed a memorandum of understanding (MOU) to work together to accelerate the integration of hydrogen fuel cell trucks in the Americas, Europe and Asia. Cummins and Air Products expect the demonstration phase to begin in 2022. —Seifi Ghasemi, Air Products’ chairman, president and CEO.
Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.
Modification of the existing EAF facility and continuous casters will also be undertaken to align productivity, quality and energy capabilities between all assets in the new footprint. The new DRI and EAF will be in production before the end of 2028. Innovative DRI. Source: ArcelorMittal.
Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the globalclimate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate. The EV6 is the first model to be launched under this new strategy.
Industrial gases leader Air Products, and its subsidiary Air Products Canada Ltd., Aligned with that vision, Air Products began work in 2018 on the core of this world-scale energy complex in Edmonton, which will begin with a transformative $1.3 The project relies on an innovative combination of well-established technologies.
New analysis has found increasing emissions of several ozone-depleting chemicals despite their production being banned for most uses under the Montreal Protocol—and a loophole in the rules is likely responsible. But because they’re potent greenhouse gases, they still affect the climate.
Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. More than 300 global companies are participating. Hyundai Wia and Hyundai Transys Inc.,
“There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well.
ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. Dual scoring system.
In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming.
Researchers at Monash University in Australia have conducted a lifecycle analysis and net energy analysis (LCA/NEA) of a hypothetical large-scale solar-electrolysis plant for the production of green hydrogen. of hydrogen is currently produced via water electrolysis and only a fraction of this production is powered by renewable energy.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
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.).
BMW’s iFACTORY production strategy defines the future orientation of plants and production technologies at the BMW Group and meets the challenges of the transformation to e-mobility. Member of the Board of Management of BMW AG, responsible for Production. The strategic vision of the globalproduction network is the BMW iFACTORY.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. To fight against climate change, the transport sector needs true decarbonization.
The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. degrees Celsius.
Two eActros as two and three-axle vehicles—in series production since the end of 2021—accompanied the eActros 300 Tractor along the entire route. In preparation for the impending start of series production for the eActros 300 Tractor in autumn, road endurance testing will take place at our Aksaray site, among other locations.
The Paris Agreement calls for global warming to be limited to 2 ?C Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. The production process is viable, but capacity is lacking. Climate neutrality. The fossil CO?
To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. Demand is expected to initially build on the decarbonization of existing industrial uses of hydrogen (95 MtH 2 eq), most notably for fertilizer production.
Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. Everyone knows about these market structures, but by considering it, we show the structure is very important in a global economy.
For this reason, lignin waste is typically used by paper mills as a low-grade boiler fuel, rather than as a high-grade fuel or as a raw material for chemical products. In this study, lignin pyrolysis oil was prepared from Kraft lignin using bench-scale fixed-bed batch pyrolysis and then hydrocracked to produce less-viscous liquid products.
IHS Markit forecasts that annual global investments in green hydrogen—hydrogen production powered by renewable sources—will exceed US$1 billion by 2023. Electrolysis production is ramping up with multiple “giga-factories” under development. —Frederick Ritter, Senior Research Analyst, Global Gas, IHS Markit.
We look forward to working with Ovako and its partners to further develop fossil-free steel production. The electrolyzer will produce oxygen and hydrogen for Ovako’s steel-heating process and is a major step towards zero-carbon emission steel production. —Jon André Løkke, CEO at Nel. Source: Ovako.
Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. The City of Lancaster will host and co-own the green hydrogen production facility, according to a recent memorandum of understanding. That’s why our partnership with SGH2 is so important. This is game-changing technology.
Over the next five years, Volvo Cars will launch a fully electric car every year, as it seeks to make all-electric cars 50% of global sales by 2025, with the rest hybrids. —Geert Bruyneel, head of globalproduction operations. I am pleased to celebrate this momentous occasion with our employees here in Ghent.
Vulcan will pump hot lithium-rich brine from production wells up to the surface, then use the co-generated geothermal energy to drive lithium extraction using its proprietary technique, with excess renewable energy as a saleable by-product that can be fed back into the grid. Batteries are a key technology of our time.
The funding is led by the venture arm of MANN+HUMMEL (a global market leader in filtration and separations), Energy Revolution Ventures from the UK, Volta.VC from the US, and New York climate investor Albert Wenger. and many other production facilities. Source: DiviGas.
The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study uses recent data on industrial-scale battery production and considers regional battery supply chains.
Neste Corporation has made the final investment decision to invest into new renewable productsproduction capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. billion will expand Neste’s overall renewable product capacity by 1.3
Toyota’s all-electric bZ4X made its US production model debut for the LA Auto Show. The bZ4X is the first of a global series of battery-electric vehicles to be introduced under the global “Toyota bZ” brand umbrella. Toyota plans to expand to around 70 electrified models globally by 2025. sales volume.
E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. We are very interested in importing climate-friendly hydrogen derivatives and fuels. Earlier post.).
Octillion Power Systems, a global provider of advanced lithium-ion batteries, is providing battery packs for all-electric motorcoaches and city transit buses offered by ABC Companies and Lightning eMotors. Electrification of bus fleets has become a priority in many regions of the world, with nearly 500,000 EV buses now running globally.
Our ultimate goal is to fight climate change and build a sustainable future. We are running out of time to limit global warming. Climate change and on-going supply chain issues will accelerate the transition to clean energy sources.
Bardin, AIChE’s 2023 President and GlobalClimate Transition Director at Dow, and Trish Kerin, Director of the IChemE Safety Center, during the 2023 World Hydrogen Summit and Exhibition, taking place May 9–11 in Rotterdam, The Netherlands. The letter of intent was signed on 10 May 2023, by Billy B.
A preliminary analysis of global data has found that carbon dioxide emissions from fossil fuel sources reached a maximum daily decline of 17% in April as a result of drastic decline in energy demand that have occurred during the COVID-19 pandemic. Percentage change in global daily fossil CO 2 emissions, Jan-May 2020. megatonnes (5.9
Enhancing global security and partnership with allies. For example, it can presently take anywhere from 5 to 25 years for a mining project to become operational, with no revenue until production starts.
The aim is to bring the company’s green fuel cell products and solutions to the global market. During the year, the company has insourced the entire production of membranes, electrodes, and separator plates. The Blue World Technologies fuel cells are based on high-temperature PEM-technology combined with methanol reforming.
It’s no secret that we are in the midst of a rampant climate crisis. Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility?
of the methane encountered during oil production. It is one of several projects funded in support of the US Methane Emissions Reduction Action Plan, announced at the 2021 United Nations Climate Change Conference (COP26). of the methane in gas flares used by the oil and gas industry. Margaret Wooldridge, an Arthur F.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products.
Toyota has the worst climate lobbying score of any automaker, and the third-worst 2030 EV production plans, according to InfluenceMap’s annual report on climate lobbying.
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