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Increasing energy demands and problems associated with burning fossilfuels have heightened interest in more sustainable energy sources, such as sunlight. But there are still areas where carbon-based fuel remains the standard, such as in the aviation industry.
Pressure on creatives: PR, advertising firms targeted by fossilfuel divestment movement. As fossilfuel companies' social license to operate becomes increasingly frayed, more industries in their orbit are getting entangled in the reputational quagmire that is now part and parcel of any activity that exacerbates the climate crisis.
Despite net-zero pledges, banks used $750 billion to finance fossilfuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossilfuel firms during the pandemic year.
Almost half of people surveyed across the European Union are in favour of banning fossilfuel advertising nearly twice as many who oppose such a move, according to a new study. It compels others to implement similar measures, which ultimately lead to carbon emission reductions.” percent opposed.
Speaker: Ayesha Choudhury - Senior Vice President, Head of Capital Markets at Infinium
Electrofuels (aka eFuels) are the next generation of solutions to help the hardest-to-abate sectors pivot from their reliance on fossilfuels. Not only that, but eFuels can also replace petroleum as a key component in the creation of chemicals and plastic solvents.
Using waste carbon feedstocks to produce chemicals. Moreover, using waste carbon to make chemicals also can reduce manufacturers’ reliance on fossilfuels such as crude petroleum and natural gas, an important factor, particularly for the European Union and China, given the volatility in sourcing and pricing of fossilfuels.
FedEx pledges to be carbon neutral by 2040. Global logistics giant FedEx on Wednesday announced a goal to be carbon neutral by 2040. The plan includes a $2 billion investment across electric vehicles, clean energy for operations and a new academic center with Yale focused on capturing carbon. Carbon Capture. Supply Chain.
Lululemon, LanzaTech are reshaping carbon waste into fabric. Consider that right now, the steel industry is among the three biggest producers of carbon dioxide. tons of carbon dioxide , according to the World Steel Association. tons of carbon dioxide , according to the World Steel Association. Deonna Anderson.
Could green hydrogen be key to a carbon-free economy? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. is California’s aggressive push toward a carbon-neutral future. Jim Robbins.
UK has more than halved amount of electricity generated from fossilfuels but gas still had largest share at 28% The UKs electricity was the cleanest it has ever been in 2024, with wind and solar generation hitting all-time highs, according to a report.
This story is the sixth part of a DeSmog series on carbon capture and was developed with the support of Journalismfund Europe. Norwegian state-owned oil and gas company Equinor, the North Sea’s largest fossilfuel producer, is positioning itself to play a key role in plans to turn Britain into a world leader in capturing carbon.
The chemical and petrochemical industries account for about 40 percent of industrial carbon emissions in the United States, due to factors including fossil-fuel feedstocks, incredibly energy-intensive chemical separations, and transportation-related emissions. We envision a world where chemicals are not made from fossilfuels.
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.
Beyond emissions: The life of a carbon molecule. Carbon is everywhere. Carbon atoms flow through all living organisms, from the atmosphere to the earth to the oceans and back again. But carbon is also moving constantly through the global economy, which historically has been powered by burning fossilfuels for energy.
For that project, greenhouse gas emissions were cited as the most significant factor for refusing permission in Ellesmere Port, with the Secretary of State stating that ‘every tonne of carbon contributes to climate change’. When it came to Dunsfold, the Secretary of State reached a different decision. The decision will be reserved.
Long discussed but rarely used, carbon capture and storage projects — which bury waste CO2 underground — are on the rise globally. Some scientists see the technology as a necessary tool in reducing emissions, but others say it simply perpetuates the burning of fossilfuels.
Jo and Joy Banner, co-founders and co-directors of The Descendants Project, explain why we should "stop giving fossilfuels a lifeline." Sifang Chen, managing science and innovation advisor at Carbon 180, unpacks ocean carbon capture.
This story is the tenth part of a DeSmog series on carbon capture and was developed with the support of Journalismfund Europe. Expansion Plans Equinor is positioning itself to play a key role in the European Unions plans to massively increase carbon capture. DeSmog asked Equinor for its data on carbon capture at Sleipner in October.
This collaboration focuses on advancing a cutting-edge carbon capture and storage (CCS) technology while simultaneously generating electricity and hydrogen. The centerpiece of this innovation is called the carbonatefuel cell. Heres how it works in practice. For industrial operators, this means lower net output and added costs.
Half of the worlds carbon dioxide emissions in 2023 came from just three dozen companies, according to a new report released today by the Carbon Majors project, with the list dominated by coal, cement, and oil producers. percent of the worlds carbon dioxide pollution alone in 2023, the report found.
Action against plastics and fossilfuels. New tools to embed carbonization throughout businesses of any size. These developments from the climate confab in the Big Apple offer ways to move climate action forward.
Modern Hydrogen Secures $25 Million to Propel Clean Energy Efforts Woodinville-based cleantech startup Modern Hydrogen has raised $25 million in its latest funding round, further advancing its mission to revolutionize hydrogen production and reduce carbon emissions.
Waste Heat Recovery Technology Poised to Redefine Energy Efficiency As global efforts to reduce carbon emissions intensify, waste heat recovery is emerging as a critical technology with profound implications for energy efficiency and climate action. Importantly, heat capture complements renewable energy systems.
A tidal wave of new carbon emissions data soon will be upon us. A radical increase in available carbon emissions data may be just around the corner. Slow-to-change investors and greenwashers in the business community will lose their cover to continue propping up the fossilfuel economy. Carbon Removal. Ian Kearney.
It’s estimated that global carbon emissions from the fossilfuel industry could fall by 2.5 Amidst the global COVID-19 crisis, there have also been glimmers of hope. A significant one is its impact on climate change. billion tonnes in 2020.
Tanager-1 is made possible by the Carbon Mapper Coalition , a philanthropically-funded effort to develop and deploy satellites designed to detect and track methane and CO2 super-emitters at a level of granularity needed to support direct mitigation action.
Although scientists know how much carbon dioxide is emitted to make these products (a new iPhone is akin to driving more than 200 miles ), theres little research into how much gets stashed away in them. billion tons of fossilcarbon in human-made objects that were in use for at least a year between 1995 and 2019.
Catalyst-assisted combustion produces a mixture of carbon monoxide and hydrogen, from which the latter can be easily extracted. This technology will help accelerate the transition from fossilfuels to clean hydrogen power. The study was published in Fuel.
supported $1.316 trillion in transactions for the fossilfuel industry. received $37 million in compensation for fossilfuel industry lobbying. Law firms cannot maintain reputations as socially responsible actors if they continue to support the destructive fossil-fuel industry.".
Study shows that plastic production could be nearly one third of the global carbon budget and emits four times more greenhouse gases than the airline industry.
The UK government announced the disbursement of over £80 million funding on 28 June, intended to give a boost to a range of projects geared towards ditching fossilfuels in favour of cleaner energy sources. Projects include hydrogen-powered cornflake production and low-carbon Scottish whisky distillation. CCUS Innovation 2.0
Heinz will use the funding to install heat pumps, moving away from a dependence on fossilfuels to heat water at its plant in Kitt Green, near Wigan (image credit: Rosemarie Mosteller / Shutterstock.com). Heinz, which received over 2.5 Hanson Cement in North Wales will use its 5.6
Hydrogen startups are widely seen as a promising way to eliminate fossilfuels from heavy industry and long-haul transportation. But they have been stuck in limbo for the last couple years, waiting for official guidance from the U.S. Treasury on lucrative tax credits.
The key solutions today are biofuels, only displacing a mere fraction of fossilfuels-based jet fuel, and offsets. Infinium, spun out of another company called Greyrock Energy , says because the biofuel (dubbed an "electrofuel") is made with clean energy and CO2, it's a "net-zero carbon" fuel.
The bank, currently Europe's second largest financier of fossilfuels, 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.
Fintan Slye, CEO of the National Energy System Operator, said: Our 2025 ambition to enable zero carbon operation of Great Britains national electricity network is central to NESOs mission. The delivery by Zenobe of this grid forming battery is a major accomplishment and brings us a step closer to this goal.
A new study , that uses satellite data from ESA’s Climate Change Initiative, seems to reveal that recovering forests only successfully combat a quarter of the current carbon emissions. Forests play a crucial role in Earth’s carbon cycle as they absorb and store large amounts of carbon from the atmosphere.
How These Companies Are Tackling Climate Change Using Green Hydrogen Green hydrogen is paving the way for a sustainable future, offering a clean and carbon-free alternative to fossilfuels. Traditional supports, such as carbon-based materials, are prone to oxidation, hindering efficiency.
The push to quickly transition carbon-intensive activities away from fossilfuels 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.
Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. Media Authorship. Anheuser-Busch. Anheuser-Busch.
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