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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. Chevron New Energies launched in 2021 to focus on establishing lower carbon businesses in CCUS, hydrogen, renewable fuels and products, offsets, and other emerging areas.

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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. …

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DOE selects Arizona State University to lead new institute to drive industrial decarbonization through electrification of process heat

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The industrial sector is responsible for more than 30% of the country’s greenhouse gas (GHG) emissions. To achieve deep decarbonization, industries must work together to find solutions that span the entire industrial sector, DOE said.

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Aemetis signs $3B, 10-year supply agreement for 450M gallons of renewable diesel with industry-leading travel stop company

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Aemetis, a renewable fuels company focused on negative carbon intensity products ( earlier post ), has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue. The industrial site has 710,000 s.f.

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bp & Ørsted to produce green H2 at Lingen refinery; industrial-scale electrolyzer powered by offshore wind

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project for industrial-scale production of green hydrogen via the electrolysis of water using ?renewable renewable power, producing zero emissions. This will be powered by renewable energy generated by an Ørsted offshore ?wind When powered by renewable ?energy, Renewable hydrogen has to become cost ?competitive

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BASF and RWE proposing 2GW offshore wind farm for green electricity and hydrogen for chemical industry

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Another output of this process is high-purity solid carbon, a valuable raw material that can replace carbon in various industrial sectors, such as the steel industry. million metric tons of CO 2 emissions per year, of which 2.8 million metric tons of CO 2 emissions per year, of which 2.8

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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. This is the equivalent of the entire world’s current renewable energy production. MWh to €156.40/MWh MWh in 2050). billion in 2017 to $1.6 billion in 2019.

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