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Climate change requires immediate action, and our most urgent, non-negotiable priority must be to tackle the root cause, carbon emissions,” said AGU President Lisa J. It proposes that all new research plans, funding decisions and policy proposals should meet five key principles: Responsible Research. Informed Governance.
A company making ‘carbonnegative’ insulation is the latest one to receive a share of £8m funding for circular economy businesses administered by Zero Waste Scotland. The Borders firm claims that its products can reduce the average new Scottish home’s carbon footprint by 4.4
The Transform to Net Zero initiative launched Tuesday will see members of the coalition — which also include Danish shipping giant Maersk, Indian information technology company Wipro and Brazilian beauty company Natura & Co — collaborate on research, guidance and roadmaps to help businesses slash their carbon emissions in line with a 1.5
A new partnership may pave the way for more than £400 million to be invested in recycling facilities across the UK. With this investment, we have the ability to make a significant environmental and social impact across the UK.”.
That’s the message from several recent reports focusing on the role of service-sector companies in addressing — positively or negatively — climate change. Climate lobbying" in the report is defined as efforts "to delay, control or block policies to tackle climate change.". Policy & Politics. Follow the money, indeed.
That's the hope of several early movers in circular economy investing, who shared their insights at the GreenBiz 21 virtual event in early February. . 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.
Early pioneers of these hydrogen-from-waste technologies such as Ways2H, SGH2 Energy (SGH2) and Standard Hydrogen say not only are they making carbon-free, energy-rich fuel, their approaches also will divert mountains of trash from landfills and waterways, cutting greenhouse gas emissions. . There are other ways to make hydrogen.
Big name corporations Chevron and Microsoft are joining Schlumberger on a plan to develop a bioenergy project that will include carbon capture and sequestration. As a result, the energy produced would be carbonnegative. The project will be located in Mendota, California and will use an idled bioenergy plant.
The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals. Joel Makower.
The technology company promised to remove all of the carbon that it’s ever put in the atmosphere -- going back to when it was founded in an Albuquerque garage in 1975. That includes $1 billion in carbon removal technologies and methods. Microsoft is setting a new standard for corporate climate targets.
Project Termination Amid Financial and Policy Challenges South Koreas government has officially halted plans for a landmark 100MW hydrogen fuel cell power plant in Yeongam, South Jeolla Province. However, spiraling production costs and an overhauled policy landscape eroded its feasibility. KOMIPO) and Doosan Enerbility Co.,
The analysis, which looked at more than 3,500 fiscal policies across the world's 50 largest economies, finds that just 2.5 trillion invested by these 50 countries to date, only $1.9 trillion has been invested in long-term recovery measures intended to spur economic activity, it notes. Of the $14.6 Meanwhile, $86.1
These facilities promise faster deployment times and a significantly lower carbon footprint compared to conventional setups connected to strained energy grids. While these operations are not yet completely carbon-free, the benefits are clear. The company has hinted at utilizing green hydrogen in the future.
A coherent policy response that catalyses action to deliver emissions reductions across all sectors is required. To achieve this it will require an annual reduction in carbon intensity of 9.7%, according to the latest “Low Carbon Economy Index (LCEI)” produced by professional services firm PwC.
A sustainable business plan involves evaluating lunchroom or cafeteria practices and policies as well as how food is sourced and served. Combined with the negative environmental impacts of unsustainable “factory farming”, the health risks involved decline public health and wellbeing and put a strain on medical services and resources.
It plans to add carbon capture and storage to the biomass plants, taking them to a negative-emissions status. “[Thursday’s] announcement is part of Drax renewing its focus on renewables and pioneering bioenergy with carbon capture and storage technology (BECCS),” the company representative said in an email.
The nuances of all the various adjectives and descriptors that are used to describe climate action — from "science-based" to "net zero" to "carbonnegative" — are enough to make heads spin, especially for those who spend their professional lives worrying about how to communicate these concepts.
The envisaged Carbon capture and utilisation (CCU) implementation at LIPOR’s Energy Recovery Plant consists of capturing, extracting and purifying the biogenic part of CO2, present in about 60% of the carbon dioxide emissions generated as a result of the incineration process.
We have to act much, much faster and go further in reducing the carbon footprint. Our energy systems must keep improving at pace, to become cleaner and more efficient, and this requires ambitious thinking, capital investment and bold leadership. ” The threat to investment is a very real one.
This is another in the realm of the “business case” for sustainability (within a corporation for its own capital and investment decisions, not as an investment thesis for investors). Raising the price on carbon or other inputs drives different capital and investment decisions. They shouldn’t.
As understanding of the climate crisis increases and the harm to ourselves, the environment, business, industry, and the economy that will follow, so a desire to not only reduce carbon but to be seen reducing carbon increases. In both cases, carbon offsetting removes CO 2 from the environment.
government’s official climate change advisory body is calling for fast-tracking investment in early-stage hydrogen infrastructure, as well as prioritizing carbon capture and storage and EV charging infrastructure, as immediate responses to the coronavirus outbreak. The steps that the U.K. billion) a year.
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.
Professor Peter Taylor and Alice Garvey from the University of Leeds set out the challenges and policy requirements for decarbonising heavy industry which they included in a recent report commissioned by the CCC. Here, lead authors of the report Professor Peter Taylor and Alice Garvey set out the main findings.
UK energy utility Drax has unveiled plans to build the world’s largest carbon capture facility with the goal of removing more CO2 from the atmosphere than it produces, and thereby securing “carbonnegative” status. But campaign groups continue to insist that the maths behind biomass doesn’t add up.
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.
However, it is crucial that as we move from internal combustion engines to electric vehicles, we do not not risk disturbing our planet’s largest carbon sinks by giving the destructive deep-sea mining industry the green light and opening up a new frontier of industrial extraction, writes campaign organisation the Deep Sea Conservation Coalition.
Net Zero Asset Owner Alliance also urges policymakers to standardise carbon credits to allow carbon markets to act as a market proxy in the absence of a global carbon price. gigatonnes in 2025, the group said. gigatonnes in 2025, the group said.
A new 'confidence survey' from the NFU has found British farmers are increasing investments in soil health, tree planting, renewable energy generation, and energy efficiency. It finds that 30 per cent of farmers are planning to invest in energy efficiency measures, up six percentage points from 24 per cent last year.
Blue hydrogen is produced from natural gas, with carbon capture and storage (CCS) technology scooping up the resulting CO2. The EU is aiming to be net-zero carbon across all sectors by 2050. Hydrogen is likely to play a substantial role in getting carbon out of those hard-to-reach sectors like heavy industry and freight.
We see customers demanding action on carbon emissions, investment firms structuring new green products and governments developing regulations to support the transition to a sustainable future. Richard Mattison. Mon, 03/08/2021 - 00:15. ESG issues continue to gain prominence, with climate change getting the most attention today.
After doing some research in Prague on carbonnegative building materials, I have relocated to Portland and am currently working as a project manager/sustainability lead on the PDX Airport Terminal Core Redevelopment (TCORE) Project. Boredom turned into negative thoughts, and negative thoughts turned into depressing thoughts.
As with previous years, 2022’s conference has focused on implementing climate policies – with decarbonisation a key theme. This includes the emissions produced from within businesses’ own supply chains; by customers, investments, and even by employees commuting to their workplace. degrees Celsius. What’s next?
Detailed and joined-up policies, behaviour change, 'whole system' infrastructure investment, and holistic energy market reform are all critical to achieving net zero emissions, report warns. Both of these scenarios would meet the UK's Sixth Carbon Budget.
And it calls for as much investment into tyre wear research as there is for reducing fuel emissions – and for understanding their interactions. That’s why we need to look beyond just carbon and to consider human-made pollution in all its forms.
Advocates of BECCS argue that by sourcing sustainable biomass feedstocks for power plants and then capturing the resulting emissions, the technology can deliver both reliable renewable power and negative emissions.
Campaigners have long argued that while major fossil fuel companies are spending big sums on publicly pushing messages that suggest they are committed to decarbonizing by investing in greener forms of energy, in reality, the overwhelming majority of their capital expenditure still goes towards oil and gas. For example, last year 20 U.K.
Tech giant Microsoft has this week formally joined the European Corporate Leaders Group (CLG Europe), building on its recent commitment to become a net negative emission company. CLG Europe brings together influential European businesses which share the aim of delivering climate neutrality through "progressive public policy".
energy white paper , the first step in the development of overarching new energy policy, claimed that the country’s power sector would be “overwhelmingly decarbonized” by the 2030s. In preparation for that, National Grid ESO is aiming to be able to run a zero-carbon grid by 2025. The recent U.K.
They will hash out their commitments under the Paris Agreement, raising their carbon-cutting ambitions or making announcements about climate-related investments. The same can’t be said of climate policies’ effect on biodiversity. That can have negative impacts on plants and animals, too. On Thursday, the U.N.’s
I think there’s an increasing recognition that policy measures and action targeted at production itself is going to be needed to get the kind of decline rates that we’re thinking about here,” said Steve Pye, one of the study’s authors, during a press call on Tuesday. degrees C above preindustrial temperatures. “If
Corporate demand for carbon removal and offsetting will establish forests as a major new asset class that could generate $800bn annually for investors by mid-century, according to the UN's Principles for Responsible Investment (PRI). million hectares of US forest, according to the report.
The authors of the report also showed that carbon emissions fell by 16% compared to figures from 2019. Back in 2011, the UK was hovering at just 12% renewable generation, but energy policy and an appetite for change is rapidly accelerating our developments. Covid19 created a fall in generation demand. The greatest successes.
I've been writing about the UK climate policy landscape for 15 years and I genuinely can't recall a reaction like it. Where does this rank in the halls of climate policy infamy? Those are just a tiny fraction of the furious responses to the government's decision to approve plans for the UK's first new deep coal mine in 30 years.
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