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Many celebrated with their CSOs on meeting ambitious corporate targets for 2020, while setting audacious new goals for 2025, 2030 and 2050. In 2014, the electrical engineer and MBA became the first woman to lead a U.S. As electric vehicles drive toward the mainstream, General Motors has come full circle as well.
trillion opportunity by 2030. . trillion opportunity by 2030. Sourcing algae from sustainable seaweed farmers that capture carbon as they grow their crop, Loliware is working to manufacture a variety of bio-based polymers. But these materials do more than strike awe and inspiration. Producing just 2.69
Businesses who fail to act on decarbonisation risk exposing themselves to potential risks from policy-driven increased operating costs, increased energy costs or increased compliance costs. Industry leaders have paved the way, with Google having been carbon-neutral since 2007 and Microsoft since 2012. Actions on the management side.
Microsoft Pioneers Green Hydrogen Trial in Dublin Microsoft is breaking new ground in sustainable energy with its latest initiative to trial zero-emissions green hydrogen at its data center in Dublin, Ireland. The Growing Demand for Greener Data Centers Data centers are notorious for their substantial energy consumption.
European energy storage deployment is set to shrink compared to other global markets, even as the need for flexibility on the grid increases, according to new research from Wood Mackenzie. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment. By the end of 2019, the total tally (plus the U.K.)
We’re now almost halfway between 2015 (when the Paris Agreement was signed) and 2030 – a key milestone for making sure we’re on track to meet these vital net-zero targets. Enabling solutions: Shrinking your digital carbon footprint. degrees Celsius.
recently announced the successful results of a collaboration with both Microsoft and Ballard Power Systems to show how hydrogen fuel cell technology can be used on a large scale to provide data center backup power. The demonstration was successful in showing how this power supply is sustainable and reliable. Caterpillar Inc.
utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.
It’s been an honor and a privilege to track Europe’s energy transition for the sector’s most discerning audience. Thanks for reading, and keep crushing that carbon. ~ Energy transition " wasn’t a term in common usage and certainly not one that sprang to mind when thinking of the Big Five oil companies.
The Power-to-X unit being demonstrated. 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?
EY confirms it is aiming to reach net zero emissions by 2025, as KPMG unveils target to do the same by 2030. EY confirmed on Monday it aims to become 'carbonnegative' this year by significantly reducing its absolute emissions and removing and offsetting more carbon that it emits.
Greenpeace, Friends of the Earth, and Global Witness have all raised concerns about the creeping reliance on unproven carbon removal methods in companies' decarbonisation strategies, but some scientists maintain carbon capture is essential if net zero goals are to be met.
The new ‘OxAria’ study started on 1st July, extending an existing collaboration which has enabled five low-cost air pollution sensors to be installed at city centre locations, generating real-time information on key air pollutants, including nitrogen oxides (NO, NO2), carbon monoxide (CO), ozone (O3) and particulate matter (PM1, PM2.5,
Glimpse raised a $10M Series A for its battery-quality-monitoring platform. Greentown members and alumni Andros Innovations , EVident Battery , FAST Metals , Fleet Robotics , Heliotrope Photonics , Orien Energy , Reframe Systems , Respire Energy , rStream , SpadXTech , SparkCharge , and Transaera won a total of nearly $2.7M
A recent panel discussion in Glasgow brought together representives from some of the firms helping to build a carbon capture and storage (CCS) industry in the UK. An important piece of the puzzle is storage: ensuring that captured carbon can be safely and sustainably sequestered over the long term. Europe’s storehouse?
A timeline from coal to negative emissions at Drax – told by the engineers who were there. Biomass power generation would have seemed impossible to the engineers who began building Drax Power Station in 1967. But the unique nature of Drax presents a more powerful opportunity for its future: negative emissions.
The City of Seoul in South Korea has created a “Comprehensive Plan for Promotion and Activation of Geothermal Energy” that aims to grow its current installed geothermal heating and cooling capacity of 278 MWth to 1 GW by 2030. of the city’s renewable energy mix.
Microsoft has set set its sights on becoming a net replenisher of water by 2030 in a bid to help manage "chronic shortages of freshwater" expected in the decades to come, it announced yesterday. This means that by 2030 Microsoft will replenish more water than it consumes on a global basis.".
Finnish utility Vantaa Energy and Japanese energy company Sumitomo have co-developed an artificial intelligence (AI) solution the two companies claim increases the efficiency of power generation assets. In 2021, the two introduced a new capability that helps optimise soot blowing at power plants. Have you read?
A major cold snap led to record electricityusage in the Canadian province of Alberta over the weekend, culminating in demands from provincial utilities to limit consumption. The extreme cold and record-setting electrical consumption has reignited local debates about whether heat pumps are a viable option in the province.
Cleaner Electricity Grids Equal Longer Life Expectancy By Nils Frenkel, Sales Director, North America When I was working with the City of San Antonio’s Climate Action and Adaptation Plan a few years ago, I learned about a shocking statistic in the city I call home. Peaker Plants Are Located Throughout the U.S.
Policymakers met with fossil fuel and biomass producers nine times as often as with their renewable energy counterparts, DeSmog can reveal, raising fresh concerns over the depth of the government’s commitments to reaching net zero emissions by 2050. Our record on renewable energy speaks for itself,” they said. “In
Carbon capture, usage and storage (CCUS) will be essential to achieve net zero emissions. million tonnes of carbon dioxide (CO2) per year, and the world's largest Direct Air Capture (DAC) plant to date opened in Iceland this month.
The proportion of global power generation represented by VRE, such as wind and solar power, has been rising rapidly since 2007. Renewables will become the largest source of electricity generation in 2025. Existing hydropower plants can also help with this large ramp up power.
The tech giant announced Monday that it recently powered a row of data center servers for 48 hours using nothing but hydrogen fuel cells, which it believes to be the longest such test in the world for a data center operator at that scale. Microsoft is already experimenting with using its onsite batteries to sell services to the grid.
The falling cost of wind and solar power significantly reduces the need for carbon capture and storage technology to tackle climate change, a new paper has argued. Cheap, abundant renewable energy reduces the value of CCS in all areas.”. by the end of the century. Renewables. The Right Kind of CCS’.
The research, conducted by the non-profit Global EnergyMonitor and shared with DeSmog, found thousands of cases in which high-profile corporations engage in lobbying in state capitols, hiring the same lobbyists that do work for powerful fossil fuel companies. A future that does have humanity living in harmony with nature.”.
Not only does this produce an inordinate amount of textile waste, it has also resulted in water usage for textile and fashion manufacturers rocketing. We are increasing our personal use and depleting our useable supplies of water simultaneously, at such a rate that demand will outstrip supply by 2030**. The problem is twofold.
After several delays spanning at least a year, the government has finally unveiled vision for a future net zero energy system - here are the eight things you need to know about the long-awaited Energy White Paper. To describe autumn 2020 as a busy period for green economy policy in the UK would be an understatement.
Latest batch of carbon analysis from electronics giant reveals how clean technologies can help slash emissions from transportation and distribution. The German-headquartered company first started collecting carbon data in 2020, and as such the data unveiled yesterday provides the first year-on-year comparison of its climate impact.
In recent testimony, Nuvve CEO Gregory Poilasne told the lawmakers that bidirectional charging can reduce the total cost of EV ownership, and that it’s essential for integrating more renewable energy into the grid. Going bi adds several nifty new benefits to driving electric. What did you tell the folks in Sacramento? That’s one way.
These are likely to have major consequences – both positively and negatively – over the coming decade, says the group. They are also home to much of the world’s biodiversity, and regulate key aspects of the carbon cycle. Around the world, 1.6 The rise of the middle class.
$1bn 'Ambition Zero Carbon' aims for zero carbon emissions across global operations by 2025, and ensure entire value chain is carbonnegative by 2030. It will also switch to a 100 per cent electric vehicle fleet by the same date - five years ahead of the schedule it set just last year.
The gas, which is released by a range of anthropogenic and natural sources, is ten times more powerful than carbon dioxide at warming the atmosphere and is responsible for more than half a million deaths annually, in addition to the death of ecosystems and crops, because it creates toxic ground-level ozone.
One tangible way to measure the positive contributions of investment portfolios on the climate is via reductions in carbon emissions and this is something more and more providers are reporting today, while a growing number of investment products are aligning themselves with the Paris Agreement goals. per cent of 2018 GDP. Taking action.
DeSmog can now also reveal that Heaton’s colleague on Drax’s PR and public affairs team, Tanisha Beebee, advised on the CCC’s Sixth Carbon Budget over the course of several meetings last year. A recent study on biomass raised concerns over the energy source’s sustainability and efficacy. Sixth Carbon Budget.
The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally. The group touted the promise as the first time a mainstream bank had taken such a stance.
Energy giant to work with Econic to pioneer new uses for trapped carbon. Energy giant Drax is pushing forward with its plans to develop a new generation of carbon capture, usage and storage technologies at its power plants, yesterday announcing a partnership with Econic Technologies to develop new uses for its stored carbon.
To identify the powerful actors most actively lobbying against these key EU regulations and policies, DeSmog analysed corporate reports, lobbying records, official position papers, responses to public EU consultations, media events, and meetings held with various EU bodies over the past two years. Meet the Industry Trade Groups.
National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy. Calls for the UK to start scaling up negative emissions technology are becoming shriller.
Early this year, Microsoft rocked the sustainability world by announcing it was going not only carbon neutral but carbonnegative by 2030. What is carbonnegative and how will Microsoft achieve this goal? Microsoft says it wants to achieve net zero carbon emissions.
In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B sustainable infra fund. .
Suddenly you realise that power, beauty and money are worthless, and won't get you the oxygen you're fighting for. Despite all the negativity, one of the silver linings emerging from the pandemic is how it has hit the reset button on nature. This is the perfect moment to embrace green energy in our fight against the climate crisis.
Partnership comes as Global EnergyMonitor report warns steel industry faces $518bn of stranded assets unless measures to decarbonise are taken now. Electricity from renewable energies and green hydrogen must become the hallmark of industrial production in Germany," said Sven Utermöhlen, CEO Offshore Wind, RWE Renewables.
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