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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.

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Scottish Enterprise project converting train to hydrogen power

Green Car Congress

Scottish Enterprise, Transport Scotland and the Hydrogen Accelerator, based at the University of St Andrews, have appointed Arcola Energy and a consortium of industry leaders in hydrogen fuel cell integration, rail engineering and functional safety to deliver Scotland’s first hydrogen powered train.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Preparing the US for the impacts of climate change. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020.

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Alberta CCEMC providing $46M for carbon capture and storage and cleaner energy projects in oil sands region

Green Car Congress

Alberta, Canada’s Climate Change 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. Funding for CCEMC is collected from industry. MEG Energy Corp.: $10

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BP establishing $100M international research center for advanced materials for energy and industrial applications

Green Car Congress

BP will establish a $100-million international research center, the BP International center for Advanced Materials (BP-ICAM) to lead research to advancethe fundamental understanding and use of materials across a variety of energy and industrial applications.

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UCS analysis finds Hyundai-Kia with best sales-weighted new vehicle environmental performance in US in 2013

Green Car Congress

Due to strong federal and state emissions standards, the average new car has gotten 43% cleaner since 1998. Honda continues to lead the way in many vehicle classes, but it has started to lag the industry average in its midsize fleet—which includes its best-selling Accord, and accounts for a quarter of the company’s sales.

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UK government launches first Hydrogen Strategy

Green Car Congress

By 2030, hydrogen could play an important role in decarbonizing polluting, energy-intensive industries such as chemicals, oil refineries, power and heavy transport such as shipping, heavy-duty trucks and trains, by helping these sectors move away from fossil fuels. Doing so could deliver a 7% emissions reduction on natural gas.

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