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Saying that “ investment-grade climatechange 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 climatechange.
To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climatechange, according to a new report from the National Academies of Sciences, Engineering, and Medicine.
Alberta, Canada’s ClimateChange and Emissions Management (CCMEC) Corporation is awarding more than C$37.5 One compliance option is to pay into the ClimateChange and Emissions Management Fund at $15/tonne. Enmax Corporation , C$14.5 million (US$36.6 million (US$1.76 ECB Enviro North America Inc. ,
General Motors for the first time achieved perfect scores on both climatechange data disclosure and performance submitted to CDP , the world’s only global environmental disclosure system. The CDP program enables management of greenhouse gas emissions and risks and opportunities associated with climatechange.
Since 2005, when major greenhouse-gas emitters among the Kyoto signatories were issued caps on their emissions and permitted to buy credits to meet those caps, there has been more than $300 billion worth of carbon transactions. The approval process for carbon offsets has two goals. THE APPROVAL PROCESS.
announced its next environmental sustainability strategy—PLANET 2050—which includes science-based goals that meet or exceed the goals in the United Nations Paris agreement on climatechange. By 2050, Cummins is targeting net-zero carbon emissions. Cummins Inc. —Eric Olson, Senior Vice President at BSR.
This marks the first investment made through the US$100-million Yamaha Motor Sustainability Fund established in June last year specifically for investing in early stage companies working to address climatechange. Andes is researching methods to use naturally occurring microorganisms to durably store atmospheric CO₂ in the soil.
Last month your Creative Greenius weighed into the issue of carbon cap and trade on the TerraPass Footprint website. I offered my take on an article entitled: “ Hacks and Handout-Seekers Hate Obama’s Climate Plan “ If you’re not familiar with TerraPass Footprint this is a great opportunity to check them out.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5 —Rausch and Reilly (2012).
Chevrolet is investing in clean energy efficiency initiatives of US colleges and universities through its voluntary carbon-reduction initiative. This marks the first time college campuses can use carbon performance methodologies to make money via greenhouse gas reductions that result from energy efficiency.
Rio Tinto, a leading global mining and metals company, and Nippon Steel Corporation, Japan’s largest steel producer, have signed a Memorandum of Understanding (MoU) jointly to explore, develop and demonstrate technologies to transition to a low-carbon emission steel value chain.
The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB ClimateChange Advisors (DBCCA). —DBCCA.
Alberta, Canada’s ClimateChange and Emissions Management (CCEMC) Corporation is providing C$46 million (US$45 million) in funding to support six new carbon capture and storage and cleaner technology projects in the Canadian oil sands region. The projects have a combined value of more than $327 million (US$321 million).
At 2:56 AM PST today, NASA’s Orbiting Carbon Observatory 2 (OCO-2) was successfully launched into orbit from Space Complex 2 West at California’s Vandenberg Air Force Base, riding on a two-stage Delta II 7320-10 launch vehicle. by Jack Rosebro. This measurement is unique like a fingerprint, and can be used for identification.
Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents. CO 2 Solutions’ process.
Chevrolet is purchasing carbon credits worth up to $5 million to help 11 colleges in the US pay for energy efficiency-based carbon reductions. The GM brand will retire the carbon credits to benefit the climate instead of using them to offset the emissions of Chevrolet vehicles or operations. Of the nearly 8.2
General Motors is the first automaker among 40 major US companies to sign a “ Climate Declaration ,” collectively asserting that responding to climatechange is good business. GM has worked with Ceres for more than two decades to refine its sustainability strategies and performance.
These begin with an investment in carbon reduction projects via a partnership with 3Degrees to offset emissions created from e-Golf production, distribution and from the estimated emissions produced from keeping the vehicle charged through the initial 36,000 miles of its life. 3Degrees and carbon offsets. Volkswagen of America, Inc.
Alberta-based ClimateChange and Emissions Management Corporation (CCEMC) ( earlier post ) has issued a $35-million open innovation international challenge to create new, carbon-based products and markets. The CCEMC is a not-for-profit corporation that operates independently of government.
With the engineering work of their first facility underway, Mote expects to produce approximately seven million kilograms of carbon-negative hydrogen and remove 150,000 metric tons of CO 2 from the air annually. Mote is joined by Fluor Corporation and SunGas Renewables, Inc. to develop its new plant.
A new study published by the Pew Center on Global ClimateChange finds that combined actions across three fronts—technology, policy, and consumer behavior—could deliver up to a 65% reduction in transportation emissions from current levels by 2050. The study was written by David L.
In an opinion piece in the journal Nature , a team from the US and Europe suggests that the transition to a low-carbon world will create new rivalries, winners and losers, and that it is therefore necessary to put geopolitics at the heart of debates about the energy transition. abating carbon will create losers. Business as usual.
Daimler AG aims to have a carbon-neutral new passenger car fleet by 2039, said Ola Källenius, the future Chairman of the Board of Management of Daimler AG, and currently still responsible for Group Research & Mercedes-Benz Cars Development as a member of the Board of Management. —Ola Källenius. Earlier post.)
In addition, as part of Toyota’s ongoing efforts to accelerate carbon dioxide reduction, Toyota has established a new Climate Fund that the Toyota Ventures team will manage. The global fund will focus on finding and funding early-stage startups that develop innovative solutions for carbon neutrality.
EU targets for cutting carbon dioxide emissions are being jeopardized by the absence of harmonized incentives to consumers, he suggested. EU targets for cutting carbon dioxide emissions are being jeopardized by the absence of harmonized incentives to consumers, he suggested.
KPMG developed 3 nexuses linked by climatechange to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The three nexuses are linked by climatechange. Source: KPMG.
In Japan, Aichi Prefecture, Chita City, Toyota City, Chubu Electric Power, Toho Gas, Toyota Motor Corporation, and Toyota Industries have launched the Chita City and Toyota City Renewable Energy-use Low-carbon Hydrogen Project. Hydrogen is a useful energy source for realizing a low-carbon society. Main points. The project.
“Pack Up Your Toxic, Fossil Fuel Factory With Its Climate-Changing Products & Get Out of Town By 2020!&# You think HE’s working very hard to end our nation’s sick addiction to carbon based fuels that kill people and destroy our civilization? Greenius Rules. I’m thinking not so much. Uncertainty.
Hyundai Motor Company and Kia Corporation introduced the AI-enabled, blockchain-based Supplier CO 2 Emission Monitoring System (SCEMS) to manage the carbon emissions of its cooperative business partners.
The 2013 review analyzed the corporate economic, environmental, and social sustainability performance of 31 automotive companies, seven of them from Europe, with reference to criteria such as environmental and climate protection strategy, innovation management and corporate social responsibility.
ENEOS Corporation, Suzuki Motor Corporation, Subaru Corporation, Daihatsu Motor Co. Toyota Motor Corporation , and Toyota Tsusho Corporation established the Research Association of Biomass Innovation for Next Generation Automobile Fuels (Research Association) to study ways to optimize the process of producing fuel.
NYK Line, Japan Marine United Corporation (JMU), and Nippon Kaiji Kyokai (ClassNK) signed a joint R&D agreement for the commercialization of an ammonia-fueled ammonia gas carrier (AFAGC) that would use ammonia as the main fuel, in addition to an ammonia floating storage and regasification barge (A-FSRB).
The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases. Chevron USA.
Exxon Mobil Corporation and FuelCell Energy, Inc. are pursuing novel technology in power plant carbon dioxide capture through a new application of carbonate fuel cells. Using fuel cells to capture carbon dioxide from power plants results in reduced emissions and increased power generation.
A study by an international team of researchers warns that the global transition to global low-carbon energy technology could be at risk unless new international agreements and governance mechanisms are put in place to ensure a sustainable supply of rare minerals and metals. Their paper is published in Science. Sovacool et al.
Bringing developing countries into the carbon markets in order to encourage low carbon development, provide finance and make the most of mitigation opportunities. International climate negotiations can only go so far. We would have a seamless system to address forest carbon in both industrialized and developing countries.
The Climate Disclosure Standards Board ( CDSB ) introduced for public consultation a set of proposals designed to assist directors in the inclusion of climatechange-related information in companies’ annual reports. —Paul Dickinson, Chief Executive of the Carbon Disclosure Project.
Shipping major CMA CGM Group is creating a Special Fund for Energies to accelerate its energy transition and achieve net-zero carbon by 2050. It will help to support a global innovation platform developed alongside large corporations, SMEs, start-ups, and the academic and scientific community. The subsidiary has plans to install 1.8
The GCEP collaboration expects to benefit from the bank’s expertise in financing sustainable businesses dedicated to addressing climatechange and advancing low-carbon solutions. Bank of America’s member on the GCEP management committee will be James Mahoney, the bank’s corporate communications and public policy executive.
A key outcome of the Low Carbon Technology Partnerships initiative ( LCTPi ), below50 is intended to grow a global corporate market for sustainable low-carbon transport fuels (LCTFs). These types of partnerships are a necessity to drive societal change. A 2-degree rise in temperature is closer than we think.
Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions.
The solicitation was designed as a call for early-stage clean energy innovations that fall within five defined technology areas: energy efficiency; energy storage; AI/machine learning; advanced power electronics/power conditioning; and zero- and negative-carbon emission generation. Leap Photovoltaics Inc.
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