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Companies and cities are increasingly adopting lower-carbon fleets — including trucks and buses that run off electricity, renewable diesel and renewable natural gas — according to a new report from the research team at Gladstein, Neandross and Associates (GNA). . Sustainable fleets are at an inflection point. Katie Fehrenbacher.
That’s the message from several recent reports focusing on the role of service-sector companies in addressing — positively or negatively — climate change. The study analyzed litigation, transactional and lobbying work conducted from 2015 to 2019. supported $1.316 trillion in transactions for the fossil fuel industry.
In 2020, investments into early stage climate tech companies topped $60 billion and grew at a faster rate than all VC investments from 2013 to 2019. Textiles and the fashion industry account for about 20 percent of global wastewater pollution, 10 percent of global carbon emissions and 17 million tons of municipal solid waste.
That money — close to double the 2019 total — is making the industry increasingly visible. dairy brand that committed to going carbon-negative by 2025 ? But do regenerative methods sequester as much carbon as advocates claim? The ensuing controversy could do huge damage to efforts to pay farmers to store carbon in soils.
Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. No doubt Shell is counting on some miracle like carbon capture to preserve its adherence to a century-old business model of selling oil. And who could blame it? What happened?
Over the past few years, as companies have come under steadily increasing pressure to tackle climate change, nature-based solutions have emerged as a particularly exciting method for shrinking corporate carbon footprints. Investing in forests can be a win-win that both sequesters carbon and regenerates nature. Let’s start with costs.
Over the past few years, as companies have come under steadily increasing pressure to tackle climate change, nature-based solutions have emerged as a particularly exciting method for shrinking corporate carbon footprints. Investing in forests can be a win-win that both sequesters carbon and regenerates nature. Let’s start with costs.
Using real world data from 2019, the paper sets out the opportunity for massively improving the climate benefits of recycling food waste to produce renewable energy and green fertiliser for farmers. Using Malaby Biogas’s operational data, Bath’s paper was able to show that in 2019 Malaby Biogas saved around 2,000 tonnes of CO2.
Removing carbon dioxide from the atmosphere may be as difficult as getting to the moon. . Launched on Earth Day 2019, Project Vesta aims to enhance natural weathering processes to accelerate carbon capture and storage in the world's oceans. Shooting for the moon: 3 radical innovations to remove atmospheric CO2. Tali Zuckerman.
Achieve carbon-neutral computing to address climate change. Swan, who took the helm as Intel CEO in January 2019, was the catalyst for the creation of the shared goals — because "one company can’t solve climate change" — and a broad coalition of stakeholders across the company was responsible for developing them, according to Brady. .
The furniture giant’s commitments have the potential to move markets: IKEA has 433 stores in 53 countries, and it hit 2019 global retail sales of about $45.5 That means low-carbon deliveries for businesses that want to operate in these locations. "So IKEA climate commitments and cities.
If we're going to make sure that we're using more recycled content, if we're going to ensure that we're going to reduce carbon emissions, then we need to be tracking that. Its broader sustainability targets include getting to net-zero carbon emissions by 2050. . said Anna Marciano, head of U.S. legal sustainability at Nestlé USA. "If
It plans to add carbon capture and storage to the biomass plants, taking them to a negative-emissions status. A Drax spokesperson told GTM the decision aligns with a strategic shift to renewables, a shift that has also seen the firm acquire a portfolio of hydro and pumped hydro plants in 2019. ’s largest power plant.
Energy-from-waste operator enfinium has announced (on 11 April) it is progressing plans to invest around £200 million in carbon capture and storage (CCS) technology at the Parc Adfer energy from waste facility in Deeside, North Wales. The project could capture up to 235,000 tonnes of carbon dioxide (CO2) every year, said the group.
Negative/exclusionary screening (44.6 In 2019, Liu (who was not the chairman during the aforementioned shareholder meeting) led a Foxconn delegation that met with senior executives at Cathay to discuss the latest international ESG trends and understand how to move forward. Conclusion.
The mass climate protests of 2019 and subsequent outpouring of major corporate climate commitments from the likes of Amazon, IKEA and Kering, among others, seemed to indicate that 2020 would be the year of the E in ESG — when corporate climate action hit critical mass. That’s because social issues are tough to quantify. .
Many of those metrics have worsened since the group originally declared a climate emergency in 2019. Both methane and carbon dioxide concentrations in the atmosphere have reached new record highs, the study reveals. Not every data point was negative, however, and there were some signs of hope. trillion between 2015 and 2019.
With growing consensus on the gravity of the climate crisis, countries and companies are adopting carbon reduction targets. Pressure to make emissions visible has been around for a while: Consumers want to know how much carbon is embodied in the products they buy. Alas, to date the same isn’t true of carbon performance.
When surveyed in 2019, 42 percent of our member companies put "biodiversity risk" as important or very important to them. Such an approach focuses on maximizing positive and minimizing negative aspects of nature-based adaptation strategies and options. We cannot win the fight against climate change without addressing nature loss.?.
But as sterile as those labs may appear, they have a dirty secret: immense carbon footprints. Through certification and education programs, My Green Lab enlists scientists and facilities professionals to clean up the carbon impact of labs. That includes moving toward 100 percent renewables and a fully electric fleet. to adapt locally.
The reactor that Microsoft plans to source its energy from was retired in 2019 for economic reasons, and is located next to a unit that was shutdown in 1979 after the worst US nuclear accident in history.
Turning down a client contract to run a major PR campaign for an oil major that consistently has lobbied against climate action and has not even signaled its intention to be part of a future net-zero economy is one thing, but more clients from carbon-intensive industries do not fall quite so easily into the climate laggard category.
Back in 2004, when wildfires in Alaska burned an area the size of Massachusetts , Michelle Mack wondered just how much carbon had permanently moved from the landscape into the atmosphere. Mack, an ecologist at Northern Arizona University, knew that the carbon dioxide released by these burning trees could further accelerate global warming.
Carbon emissions from Great Britain's power system achieved a number of record lows over the bank holiday weekend, thanks to a drop in energy demand and high levels of solar and wind grid penetration, according to energy firm Drax. The previous all-time emissions low record of 43g CO2/kWh was also set in August 2019.
Soletair Power (Finland) has developed a seemingly unique solution for extracting carbon dioxide (CO2) from building ventilation systems to help achieve carbon net zero and even carbonnegative building projects. Are carbon-negative buildings possible? The Power-to-X unit being demonstrated.
Negative emissions technologies are critical for the earth’s climate and hitting net zero in the UK, argues Drax CEO Will Gardiner. In the first months of the crisis alone, China reported a 25 per cent reduction in carbon dioxide emissions. In 2019, the UK reported greenhouse gas emissions that were provisionally 45.2
All the more so when a greenhouse gas—carbon dioxide—is used to power the process. Municipal wastewater treatment plants in large cities are insulated from the negative effects of climate change, and treated wastewater can serve as a potential water source, provided appropriate sustainable and cost-effective technologies are available.”.
The authors of the report also showed that carbon emissions fell by 16% compared to figures from 2019. The next steps we must take towards a net zero power system will be more challenging – driving out the last sources of fossil carbon will require us to go beyond just having more wind and solar power.”. The broader picture.
Project is one of a number of key investments at the site that aim to push down low carbon energy costs, as it looks to advance deployment of 'carbonnegative' technologies. As a result the site has cut carbon emissions by more than 90 per cent since 2012, making it one of the lowest carbon energy generators in Europe.
Exelon is following through with a threat to close two of its Illinois nuclear power plants by next year unless it receives state support to boost their financial viability, a move that could undermine the state's carbon-free electricity goals. The announcement was met with strong negative reactions from Illinois state leaders.
Carbon Trust's second annual survey on corporate attitudes towards sustainability reveals surge in engagement with climate action. The findings of this research are consistent with what we are seeing in the market," said Hugh Jones, managing director for advisory at the Carbon Trust.
From carbon emissions via the shipping, manufacturing, and order fulfillment processes, to excess packaging on the consumer end. In 2019 alone, the eCommerce giant Amazon shipped more than 7 billion packages, generating some 465 million pounds of waste in the process. Here’s what you need to know. What is sustainable eCommerce?
Apple committed on Tuesday to becoming carbon-neutral by 2030, pushing its ambitions far beyond its own corporate walls — already 100 percent powered by renewables — to include its vast supply chain and the lifecycle of all its products. Apple will increasingly rely on carbon-removal programs. technology giants.
Analysis of the government’s latest transparency data shows ministers at the Department for Business, Energy & Industrial Strategy (BEIS) held 130 one-on-one meetings with energy producers between July 22 2019 and March 18 2021, of which nearly half (63) were with producers of high carbon energy. Drax Access.
Steam rises out of the nuclear plant on Three Mile Island on March 26, 2019 before it closed later that year. Photo: Getty Images Major tech firms, in search of carbon pollution-free electricity for data centers, are helping to revive nuclear energy in the US. Nuclear reactors could potentially solve both of those problems.
Sunny and breezy weather coupled with lower demand for power due to lockdown prompted negative electricity prices on Sunday. First time I've seen negative prices during the day from @octopus_energy. per cent to their lowest level since the 1800s. Going to be making bread, doing washing and cycling battery to take advantage!
“They are donating all of this electricity they paid highly for in subsidies to other countries, often with negative prices,” said Jussi Heikkinen, director of growth and development for the Americas at Wärtsilä, a Finnish company that manufactures battery storage and flexible gas power plants.
Research into carbon capture and sequestration has shown both promise and disappointment. A 2010 study indicated that "negative emission technologies…significantly enhances the possibility to meet low concentration targets" (Azar et al, 2010). Welch, 2019). The trouble with negative emissions. Science, 14 Oct 2016: Vol.
It is widely understood that human activity is having a severe negative impact on natural ecosystems all over the world, and only with greater investment in analysis and remedial action can these issues be addressed.
The renewable hydrogen would be combined with captured carbon from emission sources around Copenhagen to create hydrocarbon fuels — specifically, methanol for shipping and e-kerosene as a jet fuel replacement. A string of green hydrogen and carbon capture proposals have been announced in Northern Europe in the past year.
This could be by reducing an organization’s carbon footprint while also establishing a healthy work-life balance for employees. E.g. Delta Air Lines and Microsoft Corp pledged to drastically curb their carbon emissions, taking into account the carbon footprint of their associated law firms.
Sitting in their tiny conference room, nicknamed the “Pineapple Room” for a tropical rug that covered the floor, in the summer of 2019, he and his co-founders faced their primary investor to deliver a grim update. Strange as it may sound, demand for this service — a form of what’s called “ carbon removal ” — was just beginning to grow.
The myth of the “long tailpipe”—the notion that EVs generate just as much carbon emissions as ICE vehicles do—has been debunked by dozens of scientific studies (see below for a partial list). Contrarian studies cited by the anti-EV brigade include a non-peer-reviewed Swedish study from 2017 and a 2019 study from a German research institute.
Since no fossil fuels or other pollutant forms of energy are required, wind energy will provide your business with clean, low carbon energy. In 2019, the ‘Renewable Power Generation Costs in 2019’ report found that it cost more to keep coal plants in operation than to run onshore wind farms. The pros. •
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