article thumbnail

Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, Support clean energy, clean technology, or renewable energy.

Canada 150
article thumbnail

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

Green Car Congress

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.

article thumbnail

Polestar reduced greenhouse-gas emissions by 6% per car in 2021

Green Car Congress

Polestar has released its second Annual Review and Sustainability report , highlighting progress towards its ambitious climate goals. In 2021, Polestar reduced greenhouse gas-emissions per car sold by 6% through its focus on increased efficiency and use of renewable energy. In addition, Polestar is committed to the UN’s Race to Zero.

Emissions 199
article thumbnail

Germany launches call for funding for construction and operation of a development platform for power-to-liquid fuels

Green Car Congress

To do this, however, we need a large amount of climate-neutral fuel by 2030—especially for aircraft and ships. billion euros in renewable fuels in the coming years. The funding of the PtL development platform is part of the BMVI’s overall funding concept for renewable fuels, which provides a total of €1.54

Fuel 186
article thumbnail

European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

Green Car Congress

The measure will contribute to reaching EU energy and climate change goals while limiting distortions of competition. As part of the EU 2020 strategy, the Renewable Energy Directive requires all Member States to ensure that at least 10% of all energy consumed in transport come from renewable sources by 2020.

Italy 296
article thumbnail

European aviation sector and NGOs agree on sustainability of future fuels

Green Car Congress

The Fueling Flight initiative was convened by the European Climate Foundation (ECF) and ClimateWorks Foundation (CWF) to provide recommendations on the sustainability aspects of the EU’s policy design to support Sustainable Aviation Fuels (SAF). —Pete Harrison, Executive Director for EU Policy at the European Climate Foundation.

Future 240
article thumbnail

Sunfire partners with Total on highly efficient hydrogen technology; E-CO2MET

Green Car Congress

The company will also be responsible for the integration at the site as well as the operation and maintenance of the electrolyzer, which will be the first step for the industrial-scale production of synthetic methanol from renewables and industrial concentrated CO 2 from the Total Raffinerie Mitteldeutschland GmbH.

Hydrogen 199