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The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. First, it contains very little sulfur.
Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8
A strong absorber of solar radiation, black carbon exhibits significant climate warming properties. Therefore, the climate burden of the increase in BC emissions dominates over the US, especially over source regions. The researchers estimate the annual social cost of these premature deaths at $5.95 W/m 2 over urban regions.
Researchers at MIT have determined that growth in aviation causes twice as much damage to air quality as to the climate. Aviation emissions are an increasingly significant contributor to anthropogenic climate change. Aviation emissions are an increasingly significant contributor to anthropogenic climate change.
A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal GeoHealth.
Climate neutrality. Vehicles on the road, when powered by synthetic fuel, are ultimately climate-neutral. Renewable synthetic fuels will become considerably more affordable when production capacities are expanded and the cost of electricity generated from renewable sources comes down. Infrastructure and powertrain technology.
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 climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.
A team at Imperial College London has examined the relative costs of carbon mitigation from a lifecycle perspective for 12 different hydrogen production techniques using fossil fuels, nuclear energy and renewable sources. Their results show a trade-off between the cost of mitigation and the proportion of decarbonization achieved.
Some will suffer greatly from climate change, while others may even benefit. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.
We do have a climate crisis that needs to be addressed. Ultimately, to manage climate change, the world needs to stop emitting greenhouse gases from vehicles and power plants. That has a significant impact on safety for all road users. Electrifying vehicles adds yet more weight. —Shaffer et al.
Porsche, Siemens Energy and partners are developing and implementing a pilot project—the “Haru Oni” project—in Chile that is expected to yield the world’s first integrated, commercial, industrial-scale plant for making synthetic climate-neutral fuels (eFuels). Electrolyzers will use wind power to produce green hydrogen.
Our ultimate goal is to fight climate change and build a sustainable future. With the US government’s significant investment and more players entering the hydrogen market, the total cost of ownership (TCO) for fuel cell electric vehicles will drop significantly in the coming years, Hyundai says. million km as of 30 April 2022.
But if it were, the wildfires would be setting California back in meeting its climate goals, with the carbon emissions from California’s 2020 fire season alone making up 49% of the state’s 2030 emissions target. “To The researchers also examined the financial costs. Jerrett et al. million in damages to the United States and some $98.7
A combination of cost reductions in electricity and electrolyzers, combined with increased efficiency and operating lifetime, can deliver 80% reduction in green hydrogen cost. The report— Green Hydrogen Cost Reduction: scaling up electrolyzers to meet the 1.5 Source: IRENA.
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. The company recently published its second group Climate Action Report in which it set a new 2030 global carbon emissions intensity reduction target of 25%.
The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. This will come at the cost of deploying a large amount of renewable-based electricity, ‘smart’ infrastructure and behaviors.
T&E performed a total cost of ownership calculation that includes external costs on health (air quality and noise) and climate (GHG emissions), including inputs from CE Delft. When these estimated externalities are factored in, electric buses show a lower 8-year total cost of ownership than diesel, T&E said.
In a new report produced at the request of Senator Chuck Schumer (D-NY) and Senator Sherrod Brown (D-OH), the Center for Transportation and the Environment (CTE) concluded that a the entire US transit fleet could transition to zero-emission vehicles (ZEVs) by 2035 at a cost of between $56.22 billion and $88.91 billion on the low end and $60.02
Twenty homes scattered across Canada and the northern United States are keeping warm this winter using prototypes of the latest iteration in residential heating systems: cold climate heat pumps. To prove it, eight manufacturers are publicly testing their prototypes in the Cold-Climate Heat Pump Technology Challenge , hosted by the U.S.
These 53 all-electric TRUs will help us get a head start on the proposed CARB zero-emission requirements, and are expected to allow us to decrease our emissions as we make progress on our climate action commitments under Better For All. —Jeff Wismans, national director of fleet operations at UNFI.
This technology could lower the cost of low carbon hydrogen by over 20% and has become the basis for the Department for Business, Energy and Industrial Strategy (BEIS) and the Committee on Climate Change’s (CCC) analysis. The project aims to reduce the cost of electrolytic hydrogen significantly. Contract value: £2.7
Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle. Lyft said that drivers renting cars through Express Drive currently save an average of $50-70 per week on fuel costs alone.
More frequent boom-bust cycles will harm consumers and producers recovering from COVID, set back UN Climate and Sustainable Development goals and threaten global security. The unprecedented level of uncertainty increases the risk profile of hydrocarbon investments and the cost of capital, reshaping investment decisions, the report states.
“Electric cars will not save the climate. Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climate change? In fact, some 74 percent of those polled indicated they were already “proud of what [they are] currently doing” to combat climate change.
In the puzzle of climate change, the Earth’s oceans are an immense and crucial piece. But gathering accurate and sufficient data about the oceans to feed climate and weather models has been a huge technical challenge. What the Argo system has discovered about the oceans and their role in climate change. Back to top.
Oliver Warren, Investment Banking Associate at DAI Magister, says falling costs of space tech deployment will positively impact climate tech. The post Climate tech boosted by $7.5bn investments in space tech appeared first on Innovation News Network.
Last month, the Committee on Climate Change published a report— Net Zero: The UK’s Contribution to Stopping Global Warming —which concluded that “net zero is necessary, feasible and cost effective.” Energy cost of metal production: This choice of vehicle comes with an energy cost too.
A new study by a team from San Jose State University and Stanford University has found that—even under heightened damage estimates—the additional mitigation costs of limiting global warming to 1.5 °C C (relative to 2.0 °C) C) are higher than the additional avoided damages this century under most parameter combinations considered.
The European Commission’s Joint Research Center (JRC) published a policy brief showing that delivery of large amounts of renewable hydrogen over long distances could be cost-effective. This finding is important because access to sufficient amounts of renewable hydrogen at low cost is essential for achieving a climate neutral Europe by 2050.
To solve the climate crisis, we need to cut this in half by 2030, and get to zero by 2050. However, there’s a shortage of roboticists tackling climate change, due to a lack of awareness of necessary and urgent applications. Surprisingly, many founders I talked with echoed the shortage of roboticists in climate tech.
He calculated the net CO 2 reduction and total cost of the carbon capture process in each case, accounting for the electricity needed to run the carbon capture equipment, the combustion and upstream emissions resulting from that electricity, and, in the case of the coal plant, its upstream emissions. It delays action. —Mark Jacobson.
The research will optimize energy consumption and driver/passenger comfort, with the aim of increasing electric vehicle range by 5% while reducing overall cost by 10%. The project, with a total cost of £595,195 (US$804,187) has been awarded £297,597 (US$402,093) by the Office for Zero Emissions Vehicles (OZEV) in partnership with Innovate UK.
The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. coal and gas), significantly reducing the overall levelised cost of electricity.
Starting from trials, Hyzon aims to eventually be able to supply customers with a hydrogen fuel cell truck at total cost of ownership (TCO) parity with diesel-powered commercial vehicles in Europe. To achieve our climate ambition of net zero emissions by 2050, together with society, hydrogen fuel cell-powered trucks must come to market.
By switching from diesel fueled to electric propulsion, an important step can be taken towards realizing the Paris Climate Agreement targets. A pay-per-use model has been set-up whereby ZES charges only for the cost of consumed renewable energy. This allows the vessel’s operating costs to remain competitive.
The new “Green Hydrogen Catapult” initiative will see green hydrogen industry leaders target the deployment of 25 gigawatts through 2026 of renewables-based hydrogen production, with a view to halve the current cost of hydrogen to below US$2 per kilogram. degrees Celsius.
By switching from diesel-fueled propulsion to fully electrically powered transport, an important step can be taken towards realizing the Paris Climate Agreement goals. In this way, ZES charges only for the cost of consumed renewable energy plus a rental fee for the battery container, so the skipper’s operating costs remain competitive.
However, as time progresses, pumped-storage hydroelectricity costs do not decrease, whereas lithium-ion battery costs come down, making them the cheapest option for most applications from 2030. 2018.12.008.
Not only is this a massive increase in absolute terms, but as the costs of technologies fall, mineral inputs will account for an increasingly important part of the value of key components, making their overall costs more vulnerable to potential mineral price swings. Wind takes the lead, bolstered by material-intensive offshore wind.
We want more climate protection, more clean electric cars on our roads and more use of green electricity. If the total costs of the project fall below the grant amount, no funding will be granted. Purchase and installation of the wallboxes are supported with a grant of €900. The grant is a flat rate of €900 per charging point.
A nationwide and user-friendly charging infrastructure is a prerequisite for more people to switch to climate-friendly e-cars. If the total costs of the project fall below the grant amount, no funding will be granted. Charging must be possible anywhere and anytime. —Federal Minister of Transport Andreas Scheuer.
Union Pacific published its first comprehensive Climate Action Plan in December 2021, outlining its efforts to significantly reduce greenhouse gas (GHG) emissions within its operations. As part of that commitment, Union Pacific will reduce absolute Scope 1 and 2 GHG emissions 26% by 2030 and achieve net zero greenhouse gas emissions by 2050.
In a study published in Nature Climate Change , an international research team reports finding limited evidence that individual or household rebates have increased public support for carbon taxes in Canada and Switzerland. Background. Mildenberger, M., Lachapelle, E., Harrison, K.
The FCgen-LCS features important design and performance enhancements, while also offering a reduction in total-cost-of-ownership. The total-cost-of-ownership comparison is based on life cycle cost of a 50-kilowatt fuel cell stack operating for 50,000 hours with a single refurbishment.).
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