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These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S.
Researchers at the University of Sheffield are exploring new exhaust aftertreatment systems for heavy-duty engines capable of running on clean, zero-carbon fuels such as ammonia. The project is led by Bill Nimmo, Professor of Energy Engineering and Sustainability, with PhD student Madhumitha Rajendran.
The Dutch horticultural sector aims to be climate-neutral by 2040. Pests and diseases are preferably tackled biologically, and the energy-efficient greenhouse reuses water and nutrients as much as possible; leading to cleaner cultivation and improved yields. Monitoring carbon dioxide. Carbon dioxide in greenhouses.
MAHLEs advancements in turbocharging technology and monitoring systems are key to addressing these challenges. Equipped with high-capacity dynamometers capable of handling 900 kilowatts and 4,000 Newton meters of torque, the facility is prepared to simulate the demanding conditions heavy-duty engines face on the road.
Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. 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.
Grid operators around the world are unusually busy these days, but few have quite as much on their minds as NYISO, the independent system operator that manages New York state's bulk power system and wholesale energy market. percent in 2018, and hitting 100 percent zero-carbon emissions by 2040. Source: NYISO.
In a bid to support Irish grid stability, Electricity Supply Board (ESB) has opened a major battery plant at its Poolbeg site in Dublin, which will add 75MW/150MWh of fast-acting energy storage. No electricity system can operate without a backup. In Ireland this has traditionally been provided by fossilfuel generation.
The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.
The BBC has produced dozens of films and articles for oil and gas companies, agricultural giants, fossilfuel states, and high-emission transport firms in recent years, DeSmog can reveal.
Package delivery giant and airline operator FedEx has announced it plans to achieve 'carbon neutrality' across its operations within the next 20 years through investments in electrification, sustainable fuels, energy efficiency, and carbon capture systems. FedEx CEO and chairman Frederick W.
Power grids globally must be upgraded by 2040 to keep the lights on. And while these upgrades will likely cost trillions, virtual power plants (VPPs), writes Autogrid’s Gisela Glandt , can curb these costs to the tune of $10B annually. Have you read?
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 powerfulfossilfuel companies. This is the decisive decade.
Prospects for carbon capture received a boost in September when the International Energy Agency (IEA) said the emerging technology is “ critical ” to a clean-energy transition. CCUS could go a step further by using sequestered carbon as a feedstock for industrial processes or synthetic fuels. The answer is unclear.
Companies planning to build new coal-fired power plants will no longer be able to get financing from BNP Paribas, following the banking giant's introduction of a string of new policies aimed at eliminating its exposure to coal-fired electricity projects. BNP Paribas granted €185m to Germany's RWE, €150m to Czechia's ?EZ,
BusinessGreen brings you an overview of the key business takeaways from the Glasgow Climate Summit. Forward-thinking businesses and financiers are set to be agents of change as governments look for ways to turn ambition into action - a role that is clearly not lost on the many business leaders represented at the SEC Centre in Glasgow.
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.
With a power grid that has been notoriously unreliable in the past, India’s goal to transform formerly passive consumers into prosumers would seem an uphill battle. The stakes are particularly high because India is the world’s third largest energy consumer.
Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossilfuel industry faster than anyone expected. The stranded asset hypothesis just got real. However, the contention that the new price projections are more realistic is contestable.
Carbon capture is becoming big business. So what is the energy sector doing to address this? Despite further investment in renewable energy, fossilfuelusage is still increasing, and it’s expected that fossilfuels will remain the dominant form of energy by the end of this century.
Online pension provider Smart Pension has announced its plan to transition its default fund to a 'net zero' position by 2040, by ramping up its investments in firms working to boost energy efficiency, accelerate the transition away from fossilfuels, and deliver a more circular economy.
All the green business news from around the world this week. The study drew on data from 123 countries that together account for 99 per cent of fossilfuel emissions. In contrast, with an economic recovery tilted towards green stimulus and reductions in fossilfuel investments, it is possible to avoid future warming of 0.3C
A technical, environmental and economical evaluation from a shipowner’s perspective by Gilles Hagen Summary - This thesis performs a technical, economical and environmental feasibility study of dense hydrogen carriers as a fuel to power the largest semi-submersible offshore crane vessel in the world – Heerema’s Sleipnir.
Managed by a team across its real assets platform, the fund aims to deliver a net annual return of approximately eight per cent over a rolling five-year period, while also targeting net zero by 2040 or sooner. This will include installation of ground source heat pumps and solar and thermal energy supplies.
This new Office should take ownership of delivering the net zero agenda with oversight from both the Cabinet Office and the Department for Business, Energy and Industrial Strategy (BEIS), working closely with devolved governments, the National Audit Office, and the Climate Change Committee (CCC), among other agencies.
The European Imperative Against a backdrop of geopolitical uncertainty, the imperative for both private and public organizations in Europe is clear: establish a reliable, affordable, and sustainable energy supply chain. DER Initiatives Across Europe Across Europe, individual countries are strategically advancing their energy objectives.
The Budget on Wednesday will be the first real test of this government's commitment on climate and it needs to drive momentum in the decarbonisation of electricity, heat and transport or it will set us up for a failure on the world stage. This Budget is a real opportunity to show leadership on carbon pricing.
Critics, meanwhile, have been quick to point out that the plan is thin on details around how the government intends to scale up energy efficiency improvements, boost green skills, decarbonise heavy industry, and encourage people to embrace lower carbon diets. work with business to deliver cost reductions for clean technologies.
Iceland's start-up community is looking to go global with its efforts to bolster the clean energy transition. The island nation has adopted an incredible goal of being fossilfuel-free by 2040 , which would be a global first. Icewind: Energy for extreme conditions. Greetings from Iceland!
The Broads Authority currently has a decarbonisation plan in place to reduce the emissions of the region to carbon neutral status by 2030, and net carbon zero by 2040. Electrification is the process of reducing carbon-based energy sources across a region through the increased use of electricity over fossilfuels.
However, while on the surface it may appear to be a positive shift towards lowering the greenhouse gas impact of their projects, the rhetoric about carbon-neutral LNG is mostly hollow, in another attempt to greenwash new fossilfuel projects into existence. Thames is a former executive at Cheniere Energy, a prominent U.S.
million people die as a result of air pollution every year, but governments are still spending more supporting fossilfuel projects than they are tackling dirty air. OECD countries must phase out existing coal by 2030, with all others following suit by 2040. There must be no new coal plants built after 2021," he said.
Remember how the nation mobilized seemingly overnight for the Allied Powers 80 years ago? homes have a gas meter, feeding water heaters, cooking appliances and so on. "So Electrified technologies are already well understood and many are widely available to consumers, such as electric stovetops and heat pumps, Griffith noted.
Powers, vice president for global cleantech and renewables at Schneider Electric, who explores how public-private sector collaboration can help unshackle the surging demand for renewable energy. If a company has a lot of activity in Asia Pacific markets, for instance, they won't have a choice of where their power is coming from.
KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition. Demand The most critical of energy transition minerals. Demand is on the rise.
The dramatic decline in demand for oil products as lockdown measures kicked in around the world has brutally exposed the dangers of making fossilfuels the global economy's most influential commodity. Some supply chains have been stretched to breaking point , having been severely hit in some quarters by labour and ingredient shortages.
His report, commonly known as the Draghi Report, identified that the EU could no longer rely on many of the essential elements to the EUs prior economic growth (such as strong external demand from an open global trade system, access to cheap and abundant fossilfuelenergy, and a peace dividend).
The UK's export credit agency announced yesterday that it had underwritten the loan to Johnson Matthey to boost research and development in a range of sustainable technologies, claiming the loan is the biggest single investment to date in a UK company researching "hydrogen-based energy and reusable technology of its kind".
1] Looking ahead, SCAG estimates that total demand for warehouse space in its region in 2040 will be between 1.514 billion square feet and 1.809 billion square feet. [2]. For example, the majority of natural gas-powered trucks operating in California today are running on renewable natural gas that can have a negative carbon intensity.
1] Looking ahead, SCAG estimates that total demand for warehouse space in its region in 2040 will be between 1.514 billion square feet and 1.809 billion square feet. [2]. For example, the majority of natural gas-powered trucks operating in California today are running on renewable natural gas that can have a negative carbon intensity.
“The math doesn’t yet add up,” the report finds, citing “significant gaps” between the decarbonization targets of major utilities and their current plans for retiring fossil-fuel plants. utilities such as Duke Energy , Dominion Energy , Southern Company and Xcel Energy.
Despite the (slow) migration to electric-powered cars, consumer trends are making driving even more wasteful and unequal. A recent analysis found the emissions saved from electric cars have been more than cancelled out by the increase in gas-guzzling Sport Utility Vehicles (SUVs). Reducing car use in cities.
These 20 C-suite executives have steered their companies forward through much disruption, providing inspiration for the possibilities of advancing sustainability, social responsibility and circular business models — sometimes all at once. In 2014, the electrical engineer and MBA became the first woman to lead a U.S.
The push to sell “blue hydrogen” as a clean energyfuel — which experts have called a misleading rebrand of fossilfuels — hit another setback this month. Climate provisions in the Inflation Reduction Act of 2022 are bringing new economic headwinds to the gas-derived hydrogen fuel’s prospects.
And just last month, Matthew Chamberlain, the LME's chief executive, said the organisation wanted to work with stakeholders to "build a better, more sustainable market" as he unveiled the LME's intention to achieve net zero emissions by 2040. At the same time, recent geopolitical turmoil has tested the LME's reticence to intervene in markets.
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