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Enough energy to power all households in the USA and Mexico; Enough nutrients to meet ~13% of world fertilizer needs; Enough water to fill Lake Victoria in seven years, Lake Ontario in four. UN University foresees 24% wastewater increase by 2030; 51% by 2050. Wastewater from agriculture: The study says about 13.4%
Researchers will develop new ways to monitor carbon emissions from vast swathes of peatland after winning almost half a million pounds to develop new sensors that can be used in remote areas. Dr Mann and his team will work across the UK to develop low-cost sensor systems that can monitor carbon dioxide and methane emissions from peatlands.
The uncertainties centre on Equinor’s backing for new “net zero” gas-fired power plants fitted with technology to capture carbon dioxide (CO2) billowing from their smokestacks, and bury the gas in disused oil and gas fields under the North Sea.
Xcel Energy, provider of electricity and natural gas services to nearly 6 million customers in eight Western and Midwestern states, has committed to achieve net-zero greenhouse gas emissions from its natural gas business by 2050. Xcel Energy’s aggressive, forward looking plans for clean energy are welcomed news.".
Electrification holds the key to cleaner, more efficient energy distribution and use. But fully realizing its promise demands balancing tech innovation with collaboration across industry, says Massimo Muzzì, head of strategy, business development and sustainability at ABB Electrification. C by 2050 remains achievable.
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. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.
By Faye Bowser, Head of Energy Solutions, Siemens plc. Kyoto Protocol agreed to use as a benchmark for their efforts to reduce greenhouse gas emissions, and 2050, the year many countries set as their target for carbon net zero. We are working across a range of engineering and commercial activities that reflect the UK in microcosm.
The milestone has been achieved four years ahead of schedule and is in line with the group’s strategy to achieve carbon-neutrality across its global facilities by 2025 and net-zero emissions by 2050. Our customers can be proud their products are made in facilities that use 100% renewable energy.
However, still some 2.3Mt of household-produced food waste goes to either landfill or sewer, where it emits harmful methane gas as it breaks down. This food waste could generate up to 2.7TWh of energy if it were taken to an AD plant.
Methane emissions reduction could significantly reduce rates of global warming at a relatively low cost, major research warns. As such, the report emphasises that methane mitigation is "one of the best ways of limiting warming in this and subsequent decades".
Titled Renewable Hydrogen - Seizing the UK Opportunity , the report calls on the government to back the development of 'green hydrogen' - produced using renewable energy - by supporting the renewable sector as it attempts to replicate the success of the UK's offshore wind industry. the RenewableUK study argues.
Note: this is the second installment of a dialogue Q&A series with private equity investors following a methane summit EDF recently hosted for portfolio companies of EIG Global Energy Partners (EIG) and Quantum Energy Partners. First, EIG is committed to being a part of the energy transition.
We know we have to change the way we live to curb harmful emissions and reach net zero by 2050. This decade alone, the industry must: Increase low carbon electricity generation by approximately 50 per cent from sources such as wind or solar power. Championing ultra-fast electric vehicle charging points. million homes.
billion tonnes of CO 2e per year by 2050 – if no improvements in this sector are made. We calculated that this represents 5% of the estimated total global emissions for 2050 (based on business-as-usual models). The question is, how can your business promote sustainable waste management, and achieve zero waste ?
Despite the tense, last-minute drama, the Glasgow Climate Pact sends a very clear investment signal to businesses and financial institutions, argues Nick Molho from the Aldersgate Group. This is understandable, but it should not detract from the very clear signals that the business and investment community have been sent at COP26.
Investigating the possibility of putting data centres into space, LG’s ThinQ UP smart home appliance global launch and ‘circular’ farming with onsite methanol production and use for powering tractors are in the week’s technology radar. Task force to innovate space applications for energy Unlocking smart meter data for research.
European Commission unveils flurry of major policy plans as it seeks to help deliver on 2050 net zero goal, but green groups warn bolder action is still required. The green recovery starts at home," he said. "We This will be a game changer for home-owners, tenants and public authorities.".
Business as usual for the oil and gas industry is over. Investor confidence is flagging just as the talent pool shrinks and competition from cleaner energy sources intensifies. Ben Ratner, Senior Director, EDF+Business. Actively supporting climate policy isn’t just the right thing to do, it’s good business.
The gas can be produced either through the electrolysis of water using renewable power to create green hydrogen or through its extraction from methane, a process that produces carbon dioxide as a by product that can then be captured and stored resulting in so-called blue hydrogen.
Fortunately, Morgan Stanley has broken the status quo this week, becoming the first major American bank to commit to net-zero financed emissions by 2050. Adopting net-zero by 2050 benchmarks will allow banks to minimize portfolio-wide climate risks and capitalize on the financial opportunities of the energy transition.
This story is part of the series Getting to Zero: Decarbonizing Cascadia , which explores the path to low-carbon energy for British Columbia, Washington, and Oregon. And, in the United States, political gridlock chopped the heart out of Congress’ most ambitious clean energy plan. . Worried about the climate crisis? If not sooner.
The energy sector in 2023 has been dominated by many advances, such as the drive for decentralisation, the increasing use of Web3 and AI technologies and the focus on the grid as the foundation or ‘backbone’ of the renewables-driven grid of the future and we expect these to continue into 2024. Have you read?
The study found that hydrogen leaks, though impactful, are about three times less damaging to the climate than methane leaks (the primary component of natural gas) on a per-mass basis. When hydrogen leaks, it reduces atmospheric hydroxyl radicals (OH), which act as natural detergents by breaking down methane.
Gulf Coast typically receives much of the attention for the LNG rush , the Pacific Coast of Canada is home to multiple proposed LNG export projects, as energy companies scramble to export fracked gas from northeast British Columbia. Thames is a former executive at Cheniere Energy, a prominent U.S. And that is from just one project.
It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. In the presence of the sun’s rays, nitrogen molecules set of a chain of reactions that produce ozone and destroy free-floating atmospheric methane. It’s also terrible for the climate. Others warm it.
Investors and climate experts are increasingly concerned about one of the energy transition’s biggest loopholes – the transferred emissions problem. Securing large-scale emissions reductions in the real economy – not through accounting exercises – is core to a successful energy transition. By Andrew Baxter and Gabriel Malek.
The NFU has announced a target for the industry to deliver net zero emissions by 2040 and the sector is widely regarded as critical to the UK's wider net zero emissions by 2050 target given its position as both a major source of direct emissions and a manager of land that is likely to be required to expand natural carbon sinks.
It’s not too late to take collaborative climate action for net-zero emissions by 2050. emissions by 2050 while also dramatically limiting other GHG emissions like methane. emissions by 2050 while also dramatically limiting other GHG emissions like methane. The reporting has been thoughtful and informative.
Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.
These investments represent the next chapter in our mission to tackle the $150B “Scale Gap – a significant funding shortfall entrepreneurs face during first-of-a-kind (FOAK) and early-stage commercial deployments. We bridge this gap through providing catalytic capital, deep project expertise, and meaningful community partnership.
It’s important for business owners and global citizens to understand the source of this change to be empowered to anticipate and adapt to these changes and potentially help reverse them through intentional, sustainable action. . meters , with even a partial loss of its ice being enough to change coastlines around the world dramatically. .
Integrate climate into core business. A 2050 net-zero vision may be an inspiration, but it is not a plan. To realize its ambitions, Wall Street must integrate climate into its core business, evolving its approach to capital allocation and changing its relationships with carbon-intensive industries. degrees Celsius scenario.
Last November the Glasgow Financial Alliance for Net Zero marshalled financiers worth $130 trillion to adopt a target of net zero financed emissions by 2050, but one major segment of the financial sector was conspicuously missing. This influx of carbon-intensive business gives private equity firms unique leverage in the energy transition.
California's new decarbonisation plan, Austria's windfall tax, and global methane reduction efforts. The agency said the strategy represened an unprecedented effort to drastically slash pollution and accelerate the transition to clean energy. "No California Air Resources Board publishes sweeping net zero strategy.
Only 16 per cent of banks in the Alliance, which represents around 40 per cent of the world's banking assets, have set overarching interim emissions reduction targets for 2030 or sooner, leaving many flying blind in their commitment to meet net zero by 2050, according to the campaign group. world.".
Analysis of climate claims being made by major food and drink producers concludes that greenwashing has become a 'major business risk' for the sector Greenwashing is rife across food packaging and advertising, misleading consumers, undermining companies that are genuinely embracing sustainable practices, and putting investors at risk.
Food is basically a combination of energy, water and nutrients. Some plants and micro-organisms can make food ‘out of thin air’ by simply rearranging carbon, water and oxygen molecules using energy from the Sun. Tasty Buggers For a growing number of entrepreneurs in China, cockroach-factories are a booming business. Literally.
While 70% of total expenditures are directed toward “Clean Energy & Clean Air” investments, additional claims on those funds may diminish the amount made available for direct emission reduction activities. 3 Less coverage generally lowers price signal impacts, unless the changes for those sectors require a much higher price signal.
A number of leading carbon capture and storage (CCS) and carbon capture utilisation and storage (CCUS) projects are underperforming, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA), which argues that under current circumstances the technology does not qualify as "a climate solution".
Approaches such as investing in offshore energy production, conserving coastal ecosystems and increasing consumption of sustainable ocean-based protein offer opportunities to reduce emissions. Biological approaches Biological approaches, which leverage the power of photosynthesis to capture CO 2 , offer a few approaches for carbon removal.
Approaches such as investing in offshore energy production, conserving coastal ecosystems and increasing consumption of sustainable ocean-based protein offer opportunities to reduce emissions. Biological approaches Biological approaches, which leverage the power of photosynthesis to capture CO 2 , offer a few approaches for carbon removal.
utilities such as Duke Energy , Dominion Energy , Southern Company and Xcel Energy. Each still plans to build new natural gas power plants in the near term, despite the additional emissions they will cause. electric grid relies on fossil fuels for 63 percent of its generation, and according to the U.S.
EQT’s move comes on the heels of a similar announcement from Chesapeake Energy, one of the pioneers of fracking which recently emerged from bankruptcy. These latest branding efforts arrive amid a broad ESG investment wave that emphasizes the ways businesses approach environmental, societal, and corporate governance issues.
This week, Energy Innovation launched the Oregon Energy Policy Simulator (EPS) , our newest state-specific, open-source, peer-reviewed, and nonpartisan model that estimates the environmental, economic, and public health impacts of hundreds of climate and energy policies. By Shelley Wenzel.
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