Remove 2050 Remove Carbon Remove Fossil fuels
article thumbnail

2020: Fossil fuels are dead, long live the sun

GreenBiz

2020: Fossil fuels are dead, long live the sun. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Hunter Lovins. Thu, 08/13/2020 - 00:15. Is that possible? What happened?

article thumbnail

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Carbon capture will play an important role in reducing overall greenhouse gas emissions, but there's no reason it needs to be limited to stationary applications," said Michael Traver, head of OGCI's transport workstream. Michael Holder.

Carbon 392
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In stopping climate change, time is as important as tech

GreenBiz

A useful way to think about the effort and timescales required is to consider the " Carbon Law ," which was coined by my friend Johan Rockström. So, what does the Carbon Law say? To keep within the remaining carbon budget for 2 degrees C, we have to cut our emissions drastically, reaching net-zero emissions as soon as possible.

article thumbnail

HSBC is latest bank to pledge net-zero financed emissions by mid-century

GreenBiz

The bank, currently Europe's second largest financier of fossil fuels, has committed to reaching net-zero across its supply chain and operations by 2030, before reaching net-zero across its customer portfolio 20 years later. That's just science, not finance.".

article thumbnail

Global warming is projected to exceed 1.8°C, according to McKinsey report

Envirotec Magazine

Nonetheless, the long-term transition to low-carbon energy systems continues to see strong momentum and, in several respects, acceleration. Hydrogen demand is expected to grow 4-6x by 2050, driven primarily by road transport, maritime, and aviation. C by 2100, and reaching a 1.5°C C pathway is increasingly challenging.

article thumbnail

Net zero by 2050 is “too little too late”: Scientists make a case for net negative strategies

Envirotec Magazine

A report published on 26 August by an independent group of experts warns that reaching net zero greenhouse gas emissions by 2050 is now “too little too late”, and will not achieve the long-term temperature goals identified in the Paris Agreement to limit global warming to 1.5°C license ). C by the end of the century.

article thumbnail

Reusing captured carbon: ripe for a reappraisal?

Envirotec Magazine

Carbon capture and utilization (CCU) has been touted as part of the solution to the climate crisis. CCU typically works by capturing carbon dioxide emissions from power plants or industry. This carbon dioxide is then converted using electricity, heat, or catalysts into a new product, like the fuel methanol. “It

Carbon 235