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Porsche launches carbon offsetting program for US drivers

Green Car Congress

Impact has been available to customers in Germany, the UK, and Poland since late 2018. The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and habitat preservation in Zimbabwe. Users can choose from four different internationally certified projects to support.

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Porsche launches carbon offset program in US

Green Car Congress

The available programs are focused on forest protection in the US, hydropower in Vietnam, solar energy in Mexico, and species diversity in Zimbabwe. The Porsche Impact program is managed by South Pole, a Swiss-based provider of carbon offsetting and sustainability financing that has been active internationally for more than a decade.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Falling capital costs enabled record volumes of both solar (132GW) and wind (73GW) to be installed on the basis of the modest increase in dollar investment.

2020 259
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Hynfra and Amarenco MENA form strategic partnership to produce hydrogen and ammonia in MENA region

Green Car Congress

Poland-based Hynfra has signed a framework cooperation agreement with Amarenco MENA, a major developer of renewable energy projects in the Middle East and North Africa and part of Amarenco Group. The area has high solar radiation levels, making it an ideal location for large-scale solar energy production.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

A similar plant in China and Poland would cost an estimated $112 million and $65 million, respectively. Precursor material produced at plants in the DRC could be cost competitive with material produced in China and Poland but with a lower environmental footprint. Capital cost to build a 10k metric-ton battery precursor plant.

Africa 221
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. SGH2 is in negotiations to launch similar projects in France, Saudi Arabia, Ukraine, Greece, Japan, South Korea, Poland, Turkey, Russia, China, Brazil, Malaysia and Australia.

Waste 345
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Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

Some of these anti-nuclear forces have recently found a sparring ground with France in drafting the EU’s sustainable finance taxonomy , which delineates particular energy sources as “green.” This row over green finance obscures an unfortunate reality: it’s uncertain how the power once generated by fission will be made up if plants go offline.

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