This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate.
Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust. —Robert Schuetzle, CEO of Infinium.
Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation.
Electrofuels provider Infinium announced an agreement with Amazon to begin using Infinium Electrofuels in the retailer’s middle mile fleet as an ultra-low carbon alternative to traditional fossil fuels. The clean burning electrofuels will be produced for Amazon at one of the first electrofuels production facilities, located in Texas.
Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. The company made the announcement in its first annual review. Today, Polestar 2 leaves the factory gates with a carbon footprint. Offsetting is a cop-out.
EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. —CEO of EIT InnoEnergy Germany, Christian Müller.
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. But our numbers show we are returning to carbon-intensive business-as-usual.
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.
has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. The company will also strive for greater energy and material efficiencies to support longer-term carbon neutrality ambitions. Nissan Motor Co.,
As part of a larger £90 million (US$117 million) package of awards to cut carbon emissions in industry and homes, the UK is awarding £28 million (US$36.5 million) to five demonstration phase projects for low-carbon hydrogen production. HyNet – low carbon hydrogen plant. Contract value: £3.12 million (US$4.1 Contract value: £7.48
signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from industrial facilities. ExxonMobil is exploring options to conduct a pilot test of next-generation fuel cell carbon capture solution at one of its operating sites.
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.
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). from the year prior.
Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.
Alcoa is supplying aluminum for Audi’s pilot project from a self-developed, innovative smelting process that emits oxygen instead of carbon dioxide. The new smelting technology uses an inert anode that replaces the carbon anodes that are traditionally used during electrolysis, which is the process used to make primary aluminum.
At its recent “Kia Sustainability Movement” virtual presentation, Kia Corporation announced a commitment to achieve carbon neutrality throughout its value chain by 2045. Achieving carbon neutrality will be based on three key pillars: Sustainable Mobility; Sustainable Planet; and Sustainable Energy. Earlier post.).
Origin Materials launched its Net Zero Automotive Program with Ford Motor Company. Origin Materials has developed technology which turns sustainable wood residues into cost-advantaged, carbon-negative materials that reduce the need for fossil resources. The process also creates levulinic acid and furfural—all carbon-negative.
A new report by the Union of Concerned Scientists (UCS) finds that the rising use of ride-hailing services is increasing carbon emissions, with ride-hailing trips producing nearly 70% greater emissions compared to the trips they are replacing. The responsibility for change lies first and foremost with the ride-hailing companies themselves.
Siemens USA has set a goal to transition to a fully carbon-neutral fleet in the US by 2030. To address these emissions, the company assembled a multi-disciplined team of experts in fleet, fleet infrastructure, facility efficiency, and climate action to implement a strategic plan.
will create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure. Carbon-negative RNG is being used today by thousands of vehicles with more and more fleets requesting it every week.
Global automotive Tier 1 manufacturer Motherson Group is collaborating with Israeli cleantech company UBQ Materials. The companies are joining efforts to implement the carbon-negative UBQ thermoplastic ( earlier post ) into auto parts manufactured by Motherson Group for the automotive industry. Polymers typically emit 1.9
BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. —Greg Smithies, Partner, BMW i Ventures.
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. To be a member, a company must have significant power footprint (i.e.
Eleven companies have formed Hydrogen Forward , a new coalition focused on advancing hydrogen development in the United States. These companies believe that accelerating investment in hydrogen will help the US deliver on its climate goals while creating a stronger economy with new, good-paying jobs.
LanzaTech UK and direct air capture technology companyCarbon Engineering have partnered on a project to create sustainable aviation fuel (SAF) using atmospheric carbon dioxide (CO 2 ). The technologies enabling project AtmosFUEL are proven climate solutions that are being deployed globally.
Smart Carbon. The company is in discussions with the Government of Ontario regarding its support. This project is part of ArcelorMittal’s new global 25% CO 2 2030 emissions reduction target which was announced yesterday in our second climate action report. Source: ArcelorMittal. —Aditya Mittal, CEO ArcelorMittal.
The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. Companies are already becoming more ambitious in their projects. of global emissions.
Elkem, a company developing silicones, silicon products and carbon solutions, officially inaugurated the world’s first carbon capture pilot for smelters. The Mobile Test Unit (MTU), delivered by Aker Carbon Capture, is now connected to Elkem’s plant in Rana, Norway, which produces high-purity ferrosilicon and microsilica.
The Swiss company Climeworks is building the world’s largest direct air capture (DAC) and storage facility for converting atmospheric CO 2 to rock in Iceland. The facility will filter 4,000 metric tons of carbon dioxide from the air and mineralize it underground. The carbon dioxide is thus permanently removed from the atmosphere.
World’s biggest green hydrogen project developers and partners come together to launch Green Hydrogen Catapult initiative New initiative aims to drive down costs to below $2 per kilogram, to transform energy across most carbon intensive industries, accelerating race to zero emissions Founding partners include. ºC campaign. degrees Celsius.
Solid-state batteries could reduce the carbon footprint of electric vehicle batteries by up to 39%, according to a study commissioned by European environmental NGO Transport & Environment (T&E) from Minviro , a company specializing in raw material life-cycle analysis, which compared emerging solid-state technology to current battery chemistries.
It is the latest concrete step towards Volvo Cars’ ambition to have climate-neutral manufacturing by 2025, part of a wider climate plan that aims to reduce the overall carbon footprint per car by 40% between 2018 and 2025. By 2040, Volvo Cars aims to be a climate-neutral company.
Canada Nickel Company announced that its latest test work results support the incorporation of carbon capture and storage into the Crawford Project.The company’s In-Process Tailings (IPT) Carbonation process is a novel method for accelerated carbon capture and storage. IPT Carbonation – Crawford Nickel Project.
Airbus and a number of major airlines—Air Canada, Air France-KLM, easyJet, International Airlines Group, LATAM Airlines Group, Lufthansa Group and Virgin Atlantic—have signed Letters of Intent (LoI) to explore opportunities for a future supply of carbon removal credits from direct air carbon capture technology.
Canada Nickel Company Inc. has created a wholly-owned subsidiary, NetZero Metals, to begin the research and development of a processing facility that would be located in the Timmins, Ontario region with the goal of utilizing existing technologies to produce zero-carbon nickel, cobalt and iron products.
They are the product of Amazon’s partnership with Rivian, which the companies announced in 2019 when Amazon co-founded, and became the first signatory of The Climate Pledge—a commitment to reach net-zero carbon across its operations by 2040.
Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. It is part of the diversified USM holding company.
At an event held at its steel plant in Ghent, Belgium, ArcelorMittal inaugurated its flagship carbon capture and utilization (CCU) project. It will reduce annual carbon emissions from the Ghent plant by 125,000 tonnes. This project will reduce annual carbon emissions in Ghent by 112,500 tonnes. Earlier post.)
In late 2021, the company insourced all the production of the core fuel cell components and is currently in pre-series production. Later this year, Blue World Technologies will launch series production and with further scaling, the company expects to reach a production capacity of 500 MW within a couple of years.
Tenneco is putting its 100-plus years of powertrain expertise in improving vehicle fuel efficiency and reducing emissions to work to explore synthetic fuels (e-fuels) as a viable near-term solution to further maximize the efficiency and minimize the carbon footprint of internal combustion engines (ICE).
The project is being carried out by the Swedish chemical group Perstorp in cooperation with partners Uniper (Germany) and Fortum (Finland), and the aim is to reduce carbon emissions by up to half million tons annually.
Audi manufactures the Q4 e-tron and the Q4 Sportback e-tron with net-zero carbon emissions; this has now been officially confirmed through their successful certification as “carbon-neutral products” by the independent auditing company TÜV. seconds and a top speed of 180 km/h, which is electronically limited. —TÜV Nord.
Vitesco Technologies, a leading international supplier of modern powertrain technologies and electric mobility solutions, has joined the Polestar 0 project , an initiative to create the world’s first completely climate-neutral vehicle. This means, not least, making all products climate-neutral step by step. Earlier post.)
At the lowest point of the gasifier, the waste is reduced to carbon char, inorganic materials, and metals. Injected oxygen and steam react with the carbon char to produce a synthesis gas (syngas), comprised predominately of carbon monoxide and hydrogen. In each zone, different materials are driven off.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content