Green Badger's software helps construction teams meet LEED certification goals and the new jobsite sustainability portal complements those efforts by: benchmarking construction energy and water consumption; tracking carbon emissions from energy use, product transit, and employee travel/commute; and providing in-field reporting for erosion control, indoor air quality and wellness
Green Badger is a comprehensive solution for equipping project teams of all levels of experience with the tools they need to automate green construction compliance. Green Badger pairs cloud-based technology with project specific training, LEED tips and tricks, and ongoing project team support.
(Source: Green Badger, PR, 24 Mar., 2021) Contact: Green Badger, Tommy Linstroth, CEO, (912) 401-2888, www.greenbadger,com
The Auction Notice, which includes the number of emissions units for sale, minimum prices and application requirements, marks the beginning of the application period which closes on April 19, 2021.
Download auction details HERE.
(Source: MELCC, PR, 19 Mar., 2021) Contact: MELCC, www.environnement.gouv.qc.ca; Contact: CARB, Richard Perry, CEO, Melanie Turner, Information Officer, (916) 322-2990, email@example.com, www.arb.ca.gov
More Low-Carbon Energy News California Air Resources Board, Carbon Emissions, Quebec Carbon Emissions,
The SCALE act calls for the build-out of the infrastructure necessary to transport CO2 from where it is captured to where it can be utilized in manufacturing or safely and securely sequestered underground. "We urge Congress to prioritize the inclusion of this critical legislation in any broader infrastructure package, given its essential role in helping to achieve net-zero emissions economy-wide," the jointly signed governors' letter to congress read.
(Source: Wyoming News, 20 Mar., 2021) Contact: Office of Wyoming Gov. Mark Gordon, www.governor.wyo.gov/contact
More Low-Carbon Energy News CCS, Carbon Emissions, CO2, SCALE Act,
The study looked at factors at play in the Amazon -- fires, deforestation, weather and the expansion of ranching -- and concluded that greenhouse gases including methane and nitrous oxide being emitted in the Amazon basin offset and most likely exceed the region's ability to soak up carbon dioxide.
Access the full report HERE. (Source: Frontiers in Forests and Global Change, 11 Mar., 2021) Contact: Frontiers in Forests and Global Change, +41(0)21 510 17 40,
Fax +41 (0)21 510 17 01, www.frontiersin.org
More Low-Carbon Energy News Amazon Rainforest, GHGs, Carbon Emissions, Climate Change,
The new company will also advance proprietary processes to lower the cost of utilizing CCS technology; help other energy companies reduce their greenhouse gas (GHG) emissions associated with the production, transportation, and use of natural gas; and generate high-quality, verifiable carbon offsets to support companies in their efforts to achieve net-zero emissions.
NEXT Carbon Solutions' CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 pct without major design changes to the Rio Grande LNG project. As a result, Rio Grande LNG is expected to be the greenest LNG project in the world, according to the company release. (Source: NextDecade, Website, PR, 18 Mar., 2021) Contact: NextDecade, Matt Schatzman, CEO, (832) 209-8131 firstname.lastname@example.org, www.next-decade.com
More Low-Carbon Energy News Carbon Emissions news, CCS news, LNG news, Natural Gas news,
The SCALE Act would support the build-out of infrastructure to transport CO2 from capture sites to locations where it can be either utilized in manufacturing or sequestered. The bill would also build upon the U.S. DOE's existing CarbonSAFE program to provide cost sharing for deployment of commercial-scale saline geologic CO2 storage projects.
The program would give priority to larger, commercial saline geologic storage projects that could serve as hubs for storing CO2 from multiple carbon capture facilities. It would also authorize increased funding to the U.S. EPA for permitting Class VI CO2 storage wells in saline geologic formations and provide grants for states to establish Class VI permitting programs , as well as provide grant funding for CO2 utilization products and support for state and local programs that create demand for materials, fuels and other products made from captured carbon. I would also help develop standards and certifications for products that use CO2.
shows The SCALE Act provisions could create approximately 13,000 direct and indirect jobs per year through the five-year authorization, according to Decarb America Project.
(Source: Office of Sen. Chris Coons, PR, 17 Mar., 2021) Contact: Office of Sen. Chris Coons, (202) 224-5042, www.coons.senate.gov
More Low-Carbon Energy News CarbonSafe, CCS, Carbon Emissions,
In February 2016, Apple issued its first $1.5 billion Green Bond, following up with its second round of $1 billion in June 2017 after the Trump administration announcement of its intention to withdraw from the COP21 Paris Climate Agreement . In November 2019, Apple issued its third set of Green Bonds and its first in Europe, with two bonds each at €1 billion ($2.2 billion US).
Apple has invsted roughly $2.8 billion in projects that address carbon emissions. (Source: Apple, PR, Mar., 2021) Contact: Apple, www.apple com
More Low-Carbon Energy News Apple, Renewable Energy, Green Bond, Carbon Emissions,
Bioenergy is the largest renewable energy source in the EU and will be critical to increased deployment of wind and solar -- The use of bioenergy has more than doubled since 2000 as a result of its end-use as heat, transportation, and electricity. In fact, biomass is the only renewable fuel on the market that is readily available today and can replace fossil fuels for heat generation.
In heavy industries such as steel, aluminum, and cement -- sustainably sourced wood-based biomass offers a carbon-neutral fuel replacement for coal and gas-fired furnaces (and combined heat and power plants). As a dependable and dispatchable renewable fuel, sustainably-sourced biomass represents a prime solution to complement the intermittency of wind and solar (among other renewables) that will reduce carbon emissions by more than 85 pct on a lifecycle basis.
Looking ahead to more future-oriented solutions, such as the development of the hydrogen economy, biomass is projected to play an important role. The most obvious is to use biomass directly to create hydrogen through gasification and thereby avoid carbon emissions that are associated with natural gas. Even further down the road, when surplus solar and wind could potentially be used to create hydrogen at scale, there will be an exciting opportunity to produce aviation and other fuels with carbon capture of biomass that could result in even fewer net greenhouse gas emissions. Likewise, as decarbonization efforts in the steel and cement industry rapidly increase.
ENVIVA is the world's largest producer of industrial wood pellets, a renewable and sustainable energy source used to generate electricity and heat. Through its subsidiaries, ENVIVA Holdings, LP owns and operates wood pellet processing plants and deep-water export terminals in the Southeastern U.S. and exports primarily to previously coal-fired power plants in the U.K., Europe and Japan. We make our pellets using sustainable practices that protect Southern forests and employ about 1,100 people and support many other businesses in the U.S. South. ENVIVA Holdings, LP conducts its activities primarily through two entities: ENVIVA Partners, LP, a publicly traded master limited partnership (NYSE: EVA), and ENVIVA Development Holdings, LLC, a wholly owned private company. (Source: ENVIVA Holdings, LP, Jan., 2021)
Contact: ENVIVA Holdings, LP. ENVIVA Biomass, Enviva Partners, LP, (301) 657-5560, www.envivabiomass.com
More Low-Carbon Energy News ENVIVA, Biomass, Wood Pellet,
This funding will help to remove 28 million tonnes of CO2 from the atmosphere, equivalent to the offsetting London's entire CO2 emissions annually over the next 15 years, through investing in eco-friendly projects like harvesting nuts, seeds, and coffee sustainably, restoring lost forests, diversifying crops to prevent soil erosion, and launching conservation activities -- restoring tropical forests as our most effective and natural carbon capture and storage sinks.
The government program is expected to attract as much as £850 million in private investment, support thousands of green jobs across multiple sectors, such as agriculture, food, and technology in these regions, and to provide 23 pct of the reduction in carbon emissions and climate impacts needed over the next decade to meet the goals set in the Paris Climate Agreement. (Source: UK Ministry of State, PR, 12 Mar., 2021)
Contact: UK International Environment Minister Lord Goldsmith , www.gov.uk/government/people/zac-goldsmith
More Low-Carbon Energy News Rainforest, Reforestation, Climate Change, Deforestation,
To that end, Ant Group will establish a carbon neutrality fund for research and development of renewable energy and other green technologies. The company will also work with industry partners to promote green finance and will explore ways to use emerging blockchain technology to track its carbon reduction process in order to reach the proposed target.
Ant Group has detailed a roadmap to neutralize direct and indirect emissions associated with the purchase of electricity from this year (Scopes 1 and 2). By 2030, Ant Group will fully cancel out carbon emissions generated from other sources it does not own or control, covering areas such as supply chain and business travel (Scope 3).
In 2016, Ant Group's Alipay, China's leading digital payment platform, introduced the Ant Forest green initiative within the app to encourage low-carbon activities such as paying utility bills online and others to earn "green energy points" that can be used to plant trees or biodiversity conservation projects.
In September 2020, Chinese President Xi Jinping pledged that China would reach peak carbon emissions by 2030 and carbon neutrality by 2060. (Source: Ant Group, PR, 12 Mar., 2021) Contact: Ant Group, www.antgroup.com
More Low-Carbon Energy News Carbon Neutral news, Carbon Emissions news,
The new legislation orders the following climate change related initiatives:
The FYP targets are widely seen as indicators of China's economic and social development goals over the following five years but economic uncertainties brought about by the ongoing pandemic have overshadowed the 14th FYP and Chinese economists have reportedly suggested that no numerical GDP growth targets should be approved in the final plan. However, without GDP targets, it is difficult to assess the plan's impact on China's carbon emissions trajectory over the next five years, as its key climate targets are pegged to the performance of the Chinese economy.
Ahead of the release, climate experts had called for the inclusion of a carbon emissions cap. But the draft does not contain one. Instead, it continues with the approaches of previous FYPs in setting energy intensity and carbon intensity targets per unit of GDP. By 2025, according to the new FYP, China is to reduce energy intensity by 13.5 pct from 2020 levels, and carbon intensity by 18 pct. The country will also boost the share of non-fossil sources in its energy mix to roughly 20 pct by the end of the period, according to the plan.
On average, China's CO2 emissions rose by 1.7 pct each year during the 2016-2020 FYP. Despite low economic growth last year, emissions increased 1.5 pct year on year, approaching 10 billion tonnes in total. Assuming the country's GDP grows at an annual rate of 5.5 pct from 2021 to 2025, carbon emissions will still rise by 1.1 pct each year and the country could achieve a carbon emissions peak of around 10.5 billion tonnes shortly before 2030.
According to the China National Bureau of Statistics, coal provided 56.8 pct of China's energy in2020, the same year China pledged to achieve carbon neutrality by 2060.
(Source: Tsinghua University Institute for Climate Change and Sustainable Development, National Development and Reform Commission , China Dialogue, Mar., 2021)
Contact: National Development and Reform Commission (NDRC), en.ndrc.gov.cn; Tsinghua University Institute for Climate Change and Sustainable Development, www.tsinghau,edu.cn
More Low-Carbon Energy News China, Climate Change, Carbon Emissions,
The EU's tax is intended to prevent "carbon leakage" -- carbon emissions that go offshore in response to carbon pricing -- rather than actually being cut. The EU tax will be imposed on carbon intensive imports and will be equivalent to what EU-based industry must pay under the European Union Emissions Trading Scheme (EU ETS).(Source: EU, European Parliment, Mar. 2020) Contact: EU, www.europa.eu
More Low-Carbon Energy News European Parliament, Border Carbon Tax, EU ETS,
To that end, the PSC will review goals set by the state's five largest utilities to reduce carbon emissions 100 pct by 2050 and meet recommendations stemming from Gov. Tony Evers' executive order on clean energy, as well as the Governor's Climate Change Task Force and ideas for accelerating the clean energy transition as outlined by a Wisconsin group of utilities, consumer advocates and business groups. The investigation will also consider:
According to the most recent strategic energy assessment, 75 pct of the state's power is currently generated with fossil fuels. If nuclear were also excluded, 91 pct of the Badger State's power mix would need to be replaced with renewable energy sources.
Under Wisconsin state law, the PSC is required to prioritize energy conservation and efficiency, as well as renewable energy resources, to the extent it's "cost-effective, technically feasible, and environmentally sound."
(Source: Wisconsin Public Service Commission, PR, Wisc. NPR, Mar., 2021) Contact: Wisconsin Public Service Commission, Rebecca Valcq, Chairperson, (608) 266-5481, fax -- (608) 266-3957, www.psc.wi.gov
More Low-Carbon Energy News Wisconsin Public Service Commission, Low-Carbon Energy, Renewable Energy,
The offset rules will be part of the 2018 Greenhouse Gas Pollution Pricing Act, which enabled a sweeping tax on emissions on everything from industrial pollution to home-heating fuel, and will support a domestic carbon trading market under Canada's carbon price for industry -- the Output-Based Pricing System (OBPS) -- under which regulated facilities that exceed their emission limits can provide compensation by purchasing federal offset credits -- an additional lower-cost option -- generated from activities not already incentivized by carbon pollution pricing.
Once established, the Federal Greenhouse Gas Offset System will stimulate demand for projects across Canada that reduce greenhouse gases and generate federal offset credits. The ability to generate and sell federal offset credits creates opportunities for farmers, foresters, Indigenous communities, municipalities, and other project developers to earn revenues from greenhouse-gas reductions and removals.
Protocols for high priority project types are currently under development in parallel to the regulation to give industries additional lower-cost compliance options. For example, under the Landfill Methane Management Protocol, which is currently under development, a municipality could install technology to collect methane that would otherwise be emitted into the atmosphere. The municipality could earn federal offset credits, which it could sell to industrial facilities regulated under the Output-Based Pricing System. Canada is aiming for net-zero emissions by 2050.
(Source: Environment and Climate Change Canada, Website PR, Mar., 2021) Contact: Environment and Climate Change Canada, www.canada.ca/en/environment-climate-change.html
More Low-Carbon Energy News Environment and Climate Change Canada , Carbon Credit, Carbon Tax, GHG, Carbon Offset,
To that end, Wells Fargo will: measure and disclose financed emissions for select carbon-intensive portfolios; set interim emission reduction targets; deploy more capital to finance climate innovation; and continue to work with its clients on their own emissions reductions efforts.
The bank will also launch an Institute for Sustainable Finance to manage the deployment of $500 billion of financing to sustainable businesses and projects by 2030, as well as support science-based research on low-carbon solutions and advocate for policies that enable client transitions.
(Source: Wells Fargo & Company, PR, 8 Mar., 2021) Contact: Wells Fargo, www.wellsfargo.com
More Low-Carbon Energy News Wells Fargo, Carbon Emissions, Net-Zero Emissions,
The NDP plan stands in stark contrast to Conservative Premier Doug Ford's "anti-environment crusade that has gutted conservation authorities, paid hundreds of millions of dollars to tear down wind farm projects and cancelled Ontario's cap-and-trade program." (Source: New Democratic Party, PR, Mar., 2021) Contact: New Democratic Party of Canada, www.ndp.ca
More Low-Carbon Energy News Carbon Emissions, Ontario Climate Change,
To that end, the Council will invest in new ground and air source heat pumps, district heating networks, external wall insulation and solar panels, with the investment funded primarily through housing revenues.
The Council is committed to reduce the city's direct emissions to net-zero by 2030. Roughly 25 pct of the city's carbon emissions come from the energy used to heat homes, according to the Council release.
(Source: Leeds City Council, PR, Construction News, Mar., 2021) Contact: Leeds City Council, Debra Coupar, +44 0 113 868 9747, www.leeds.gov.uk
More Low-Carbon Energy News Energy Efficiency,
LanzaTech captures industrial emissions -- carbon monoxide and carbon dioxide produced in steel manufacturing -- and processes the waste gases into a new, more sustainable source of ethanol.
Ethanol is a core ingredient in fragrance products, enabling the efficient dispersion of the scent. (Source: LanzaTech, PR, Website, 3 Mar., 2021) Contact: LanzaTech, Dr. Jennifer Holmgren, CEO, (630) 439-3050, email@example.com, www.lanzatech.com
More Low-Carbon Energy News LanzaTech, Ethanol,
The initiative aims to analyze the overall efficiency and reliability of CO2-free power supply involving the large-scale production and storage of hydrogen and to analyze costs, sizing and other various aspects of integrating the system into an existing power plant and transmission grid.
The Intermountain Power Agency, which owns the Delta plant, last summer picked Black & Veatch Corp. as the chief engineering company to oversee the facility's conversion into an 840-MW combined cycle facility that will run initially on a mix of natural gas and hydrogen, and then ultimately operate on hydrogen alone. The Intermountain plant plans to integrate 30 pct hydrogen fuel at startup in 2025, switching to 100 pct hydrogen by 2045.
"By switching from coal to a mixture of natural gas and hydrogen we can reduce carbon emissions by more than 75 pct", according to Intermountain Power. (Source: Siemens Energy, Power Mag.,1 Mar., 2021) Contact:
Intermountain Power Agency, Dan Eldredge, GM. (801) 938-1333, www.ipautah.com; Siemens Energy AG, www.siemens-energy.com/global/en.html
More Low-Carbon Energy News Siemens Energy, Intermountain Power Agency, Carbon Emissions,
The initiative will focus on improving community-based forest management, improving integrated land use planning and promoting alternative energy sources. It is also expected to support
Nepal's Emission Reductions Programme aims to reduce 9 million tpy of carbon emissions,
lower rates of deforestation and forest degradation across 2.4 million hectares of resource-rich land, including 20 pct of the country’s forest cover in the Terai Arc Landscape. (Source: Gov. of Nepal, Energy Live, World Bank IFC, 1 Mar., 2021)
Contact: World Ban, International Finance Corporation, www.ifc.org
More Low-Carbon Energy News World Bank, Reforestation, Deforestation, Carbon Emissions, Climate Change,
With the first Future Energy Fund launched in 2018, CTV has invested in more than 10 companies with more than 150 other investors to support innovations in carbon capture and storage (CCS), emerging mobility and energy storage. Future Energy Fund II will focus on innovation in industrial decarbonization, emerging mobility, energy decentralization and the growing circular carbon economy.
Future Energy Fund II is the eighth venture fund launched since CTV was established in 1999. CTV also has a Core Energy Fund which invests in technologies with the potential to have a significant impact on Chevron's core business through operational enhancements, digitalization and low-carbon operations. Chevron is also an investor as a limited partner in funds such as the Oil & Gas Climate Initiative's (OGCI) Climate Investments and Emerald Technology Ventures' Industrial Innovation Fund. (Source: Chevron, PR, 28 Feb., 2021) Contact: Chevron Energy Technologies, www.chevron.com
More Low-Carbon Energy News Chevron, Carbon Emissions,
In 2019, CIBC committed $150 billion in support of environmental and sustainable finance activities by 2027 and has to date achieved 28 pct of this goal. The bank also issued the climate-related disclosure report Building a Sustainable Future aligned with the Task Force on Climate-Related Financial Disclosures.
In 2020, CIBC issued a $500 million(US), five-year green bond to help finance new and existing green projects, assets, and businesses that mitigate the risks and effects of climate change. These include renewable energy, green buildings, clean transportation, natural resource conservation, biodiversity conservation, energy efficiency, and pollution prevention and control. Also in 2020, CIBC ranked among the top-tier of global banks for climate change action by the Carbon Disclosure Project (CDP).
CIBC, which recently became the first Canadian bank to join RMI's Center for Climate-Aligned Finance, has more than 10 million personal banking, business, public sector and institutional clients and $768.545 billion (Cdn) in total assets. (Source: CIBC, Website News, Feb., 2021)
Contact: CIBC, Nima Ranawana, 647-456-4556, firstname.lastname@example.org,
www.cibc.com; Partnership for Carbon Accounting,
More Low-Carbon Energy News CIBC, Carbon Emissions , Partnership for Carbon Accounting,
CARB's existing incentive programs pay consumers in exchange for purchasing low- and zero-emission vehicles to reduce GHG emissions beyond what CARB's regulations already require.
According to the auditor's report, CARB has done little to measure the extent to which its incentive programs lead to emissions reductions by causing individuals and businesses to acquire clean vehicles that they otherwise would not have purchased.
The auditor's report notes CARB has overstated the GHG emissions reductions its incentive programs have achieved, although it is unclear by how much. Additionally, CARB has not consistently collected or analyzed data to determine whether some of its programs provide the socioeconomic benefits that CARB has identified for those programs, such as maximizing participants' economic opportunities.
Because these programs may cost significantly more than other incentive programs from the perspective of reducing GHG emissions, CARB must do more to measure and demonstrate specific benefits to disadvantaged communities and low-income communities and households that the programs intend to serve, the auditor's report adds.
(Source: Office of California State Auditor, Website, 23 Feb., 2021)
Contact: California State Auditor, Elaine M. Howle, CPA, (916) 445-0255, www.auditor.ca.gov
More Low-Carbon Energy News CARB, California Air Resources Board, Transporation Emissions, CO2, Carbon Emissions,
Among the policy options being considered are an extension of the scope of the ETS to include road transport and a possible phase-out of the ESR. ePURE has provided the following suggestions on how they can be better integrated with other EU policies to become more effective at achieving Europe's climate goals.
A successful decarbonisation policy in transport must ensure a total coherence of actions between car manufacturers, fuel suppliers and retailers. But an ETS for road transport would seriously disrupt the existing growing synergy between these stakeholders, hamper efforts to reduce emissions from transport, increase fuel prices and create social discontent.
A more effective solution would better integrate existing EU policies. For example, the targets of the EU Renewable Energy Directive should be increased in line with higher Green Deal ambitions. Other policies, such as the Energy Taxation Directive and CO2 standards for cars and vans must be revised in order to integrate the CO2 content and the biogenic content of fuels, thus better reflecting the real environmental performance of biofuels. These actions, however, do not necessitate the extension of the ETS to road transport, and their revision should be carried out independently.
At first glance the ESR has so far been a success with the EU achieving and even surpassing its 9.3 pct emissions reduction objectives as a whole by 2020 as early as in 2018, due mainly to progress in sectors that were the easiest to decarbonise, such as buildings and waste. There has been little to no decarbonisation in the transportation and agriculture sectors, which account for over 50 pct of the ESR emissions, and meeting the already agreed 2030 target of 30 pct. Moreover, there have been many differing levels of progress among Member States.
ePURE suggests the EU should not abandon what works but rather should strengthen and improve the legislative tools that actually boost renewable energy and fuels and encourage carbon abatement. This includes keeping ESR targets, the sole legally binding targets for Member States to reduce emissions in sectors not currently in the ETS.
Keeping the existing legislation and increasing their ambition levels, including ESR, RED II and the Fuel Quality Directive is a safety net that the EU should not phase out without good reasons. (Source: ePURE, Website PR, 15 Feb., 2021) Contact: ePURE, Emmanuel Desplechin, Secretary-General, +32 2 657 6679, email@example.com, www.epure.org
More Low-Carbon Energy News ePURE, Ethanol, GHG, Greenhouse Gas, Carbon Emissions,
"What's remarkable is not how much emissions will go down because of the pandemic, but how little. The relatively small decline in emissions this year makes one thing clear: We cannot get to zero emissions simply -- or even mostly -- by flying and driving less. That's not to say that reducing consumption of fuel that emits carbon gas emissions is not a worthy goal, just that it is not enough." -- Microsoft founder and billionaire philanthropist Bill Gates, Jan 2021
Contact: Gates Notes, www.gatesnotes.com
In steel production, the quantity of CO2 emissions from blast furnaces is determined by reducing the amount coke -- carbon fuel made from coal -- and the amount of pulverized coal injected into the blast furnace.
(Source: Kobe Steel, Ltd, PR, 23 Feb., 2021) Contact: Kobe Steel Ltd., www.kobelco.co.jp/english; Midrex, www.midrex.com/technology/midrex-process
More Low-Carbon Energy News Carbon Emissions, Kobe Steel,
When compared directly with the value chain of a conventional steel tower, Modvion laminated wood constructed towers are lighter in weight and are expected to reduce carbon emissions by 80 pct.
Vestas is aiming to integrate LVL towers into its design and manufacturing processes. (Source: Modvion, Website PR, 18 Feb., 2021)
Contact: Modvion , Otto Lundman, CEO, +46 (0) 702720624, firstname.lastname@example.org,www.modvion.com; Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, email@example.com, www.vestas.com
More Low-Carbon Energy News Vestas, Modvion, Wind Tower,
NEO holds a 5-star certification under the Advancing Net Zero Philippines (ANZ PH) program, which verifies a development's net-zero carbon energy emissions. The property manager earned the ANZ PH certifications for three of its office buildings under the ANZ PH pilot program and anticipates receiving the same 5-star certifications for the remaining four buildings of its portfolio.
The ANZ PH program is the Philippine Green Building Council's (PhilGBC) rating scheme to assess a building's energy performance in line with the global campaign Advancing Net Zero of the World Green Building Council.
The NEO office portfolio, which are all rated 5 stars under the Building for Ecologically Responsive Design Excellence (BERDE) certification system, also won outstanding awards from the Department of Energy during the 2020 Energy Efficiency Green Building Awards last December. (Source: NEO, Manila Times, 20 Feb., 2021) Contact: NEO, Raymond Rufino , CEO, www.facebook.com/NEOOfficePh; AboitizPower, +63 2 8-886-2800
Fax No. +63 2 8-817-3560, www.aboitizpower.com; Philippine Green Building Council, www.philgbc.org
More Low-Carbon Energy News Net-Zero Carbon Emissions, Renewable Energy, ,
The that end, the company
will seek acquisitions to speed the green transformation and will increase its renewable energy capacity from today's 300 megawatts to 60 gigawatts in 2050. The company also plans
more than €2 billion ($2.43 billion) of asset sales to help develop clean businesses -- including two possible new biorefineries in Italy and the U.S. and carbon capture and storage (CCS) units in the UAE and Libya.
(Source: Eni, Website PR, 19 Feb., 2021) Contact: Eni, +39 06 598 21, Fax: +39 06 598 22141, www.eni.com/en-IT/home.htmlwww.eni.com/en-IT/home.html
More Low-Carbon Energy News Eni, CCS, Renewable Energy, Carbon Emissions,
When fully developed, Summit Carbon Solutions will have an infrastructure network capable of capturing and permanently storing more than 10 million tpy of CO2 -- equivalent to taking 2 million cars off the road per year. In addition to the project’s positive environmental impact, it will enhance the economic sustainability of the biofuels and agriculture industries.
To that end, Summit has partnered with a select group of leading biorefiners in Iowa, Minnesota, South Dakota, and North Dakota to execute the first phase of the project, which will put them on the path of ultimately delivering a net-zero-carbon fuel. In addition to biorefiners, Summit Carbon Solutions will partner with other industries throughout the Midwest that have carbon reduction goals to help them capture and store their carbon emissions.
"This is a giant leap forward for the biofuels industry. Carbon capture and storage (CCS) is a future-focused solution that allows the biorefiners to lower their already attractive carbon footprint by up to 50 pct.Simply put, this will be the most impactful development for the biofuels industry and Midwestern agriculture in decades," according to the Summit Ag release.
(Source: Summit Ag Group, Website PR, 18 Feb., 2020) Contact: Summit Ag, Jon Probst, (515) 854-9812, firstname.lastname@example.org
More Low-Carbon Energy News Summit Agricultural Group news, Biorefinery news, CCS news,
Since coming online in October 2014, the facility has captures 3,859,920 tonnes of CO2.
The Boundry Dam facility was designed to cut CO2 emissions by 1 million tpy but, due to construction and start-up delays, removed only 400,000 tonnes in 2015. The delays cost SaskPower approximately $80 million in "construction deficiencies" and non-performance penalties. At the time of opening , Saskatchewan committed to a 40 pct carbon emissions reduction in electrical power generation. ( Source: SaskPower, Estevan Mercury, 20 Feb., 2021)Contact: SaskPower, Mike Marsh, (306) 566-2121, www.saskpower.com
More Low-Carbon Energy News Boundary Dam , CCS, SaskPower,
The company also notes it will procure 75 pct of its worldwide electric power from renewable energy sources by 2025, and hit 90 pct renewable consumption by 2030. The company also plans to use carbon capture by 2030 to remove emissions in "an amount which equals or exceeds the level of IBM's residual emissions" or those emissions IBM still produces after exhausting all avenues to reduce is greenhouse emissions.
As we reported on 15 July, 2020, IBM, a Founding Member of the Climate Leadership Council, reduced its operational CO2 emissions by 39.7 pct since 2005, well ahead of its goal of a 40 pct reduction in CO2 emissions by 2025. The company also noted 47 pct of the electricity it consumed in 2019 came from renewable sources, keeping the company on track to get 55 pct of its electricity from renewables by 2025. (Source: IBM, PR, ZD Net, 17 Feb., 2021)Contact: IBM, www.ibm.com/us-en
More Low-Carbon Energy News IBM, CO2, Carbon Emissions, Net-Zero Emissions,
When fully developed, Summit Carbon Solutions will dramatically lower the carbon footprint of biorefineries and other carbon dioxide emission sources throughout the U.S. Midwest and have an infrastructure network capable of capturing and permanently storing more than 10 million tpy of CO2.
Summit Carbon Solutions has partnered with leading biorefiners in Iowa, Minnesota, South Dakota and North Dakota to execute the first phase of the project, which will put them on the path of delivering net-zero carbon fuel. (Source: Summit Agricultural Group, PR, 17 Feb., 2021)
Contact: Summit Agricultural Group, Justin Kirchhoff, Pres., (515) 854-9820, www.summitag.com
More Low-Carbon Energy News Biorefining, Carbon Emissions, CCS, Carbon Footprint,
To that end, the Finnair--Fintraffic partnership will share and analyze fuel types and fuel consumption data, flight route optimization, continuous descent approach and related strategies and information as well as cooperate with other air carriers and nations to further minimize aviation industry emissions. (Source: Finnair, PR,
18 Feb., 2021) Contact: Fintraffic ANS, www.fintraffic.fi/en; Finnair, Topi Manner, CEO, Arja Suominen, SVP, Communications, Kati Ihamaki, Director Corporate Sustainability, www.finnair.com
More Low-Carbon Energy News Finnair, Carbon Emissions, Aviation Emissions,
The project is a collaboration with Carbon Clean, Oak Ridge National Laboratory, and RTI international which will lead the initiative. The project aims to develop and scaling-up specific CO2 capture process components and incorporate next-generation non-aqueous solvents. The collaboration will assess the integration of modular carbon capture technology with the cement plant as well as evaluate the cost and technical considerations of using the captured CO2 as a feedstock for new products.
As previously reported, in 2020 CEMEX announced its target of reducing CO2 emissions by 35 pct of cementitious products by 2030 as part of a longer-term goal of producing net-zero CO2 concrete by 2050.
(Source: CEMEX, The Chemical Engineer, 18 Feb., 2021)
Contact: CEMEX USA, Jaime Muguiro, Pres., 713-650-6200, www.cemexusa.com
More Low-Carbon Energy News CEMEX, Cement, Carbon Emissions, CCS,
According to API, over the past decade, the oil and gas industry has provided low-cost natural gas, while reducing CO2 emissions in the electric power sector and addressing methane emissions. Methane emissions have declined by nearly 70 pct between 2011 and 2019 in five of the largest US oil and gas producing regions, according to the EPA's new Greenhouse Gas Reporting Program data.
API notes its members are already investing in direct air carbon capture, carbon capture use astorage, CCS, decarbonisation infrastructure such as CO2 pipelines, sustainable and efficient fuels, and lower cost, low-carbon hydrogen. (Source: API. PR, Website, 16 Feb., 2021) Contact: API, Mike Sommers, CEO, (202) 682-8114, www.api.org
More Low-Carbon Energy News American Petroleum Institute, GHG, Climate Change, Carbon Emissions, Methane,
This commitment to climate action reinforces ENVIVA's core purpose to displace coal, grow more trees, and fight climate change. It sets forth an ambitious plan for eliminating GHG emissions from its operations in keeping with international climate goals, including the Paris Agreement's goal to limit global temperature rise to 1.5 degree C. To that end, ENVIVA will:
ENVIVA's sustainably sourced wood is used to manufacture wood pellets as a drop-in alternative to fossil fuels. ENVIVA exports its sustainable wood pellets primarily to the U.K., Europe, the Caribbean and Japan, enabling its customers to reduce their carbon emissions by more than 85 pct on a lifecycle basis, helping them reach their greenhouse gas emissions reduction targets with renewable energy, according to the ENVIVA release.
(Source: ENVIVA, PR, 17 Feb., 2021) Contact: ENVIVA Partners, LP, (301) 657-5560, www.envivabiomass.com; Carbon Disclosure Project, CDP, Lance Pierce, Pres. North America, (212) 378 2086, email@example.com, www.cdp.net
More Low-Carbon Energy News Carbon Disclosure Project, ENVIVA, Enviva, Net-Zero Emissions, Wood Pellet, Woody Biomass,
To that end, Bank of America will need to eliminate greenhouse gas emissions from its own operations as well as engage with its borrowers in order to "help accelerate their own transitions to net zero." The bank notes it plans to establish interim science-based emissions targets for "high-emitting portfolios, including energy and power."
In the announcement, Bank of America laid out initial steps to cut its operational emissions by 2030, which include purchasing 100 pct zero carbon electricity and reducing energy use and potable water use by 55 pct, among other initiatives.
The bank is also set to disclose its financed emissions by 2023 through the Partnership for Carbon Accounting Financials. (Source: Bank of America, PR, Feb., 2021)
Contact: Bank of America, www.bankofamerica.com; Partnership for Carbon Accounting Financials, www.carbonaccountingfinancials.com
More Low-Carbon Energy News Greenhouse Gas, GHGs, Bank of America, Carbon Emissions, Net-Zero Emissions,
"I talked to the Biden administration, and they were like 'Well, this seems too politically difficult' and I was like, 'Well, this is obviously a thing that should happen', and by the way, SpaceX would be paying a carbon tax too. So I'm like, you know, I'm like, I think we should pay it too. It's not like we shouldn't have carbon generating things. It's just that there's got to be a price on this stuff," Musk said.
"If we just put a price on carbon emissions, the market will react in a sensible way. But because we don`t have a price on it, it is behaving badly," Musk noted.
"It's either we have sustainable energy or civilization collapses. And so if civilization doesn't collapse we will have sustainable energy, it's just a question of how soon does that happen. Sooner is better," Musk elaborated. (Source: Elon Musk, DNA, 13 Feb., 2021)
Contact: Elon Musk (@elonmusk)
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XPRIZE aims to help scale efficient solutions to achieve the 10-gigaton-per-year carbon removal target by 2050.
The nonprofit organization announced the launch for Earth Day, April 22, and added the winner would be picked four years after that. In the first stage of the XPRIZE Carbon Removal, top 15 teams will be selected within 18 months and receive $1 million each. An additional 25 student scholarships of $200,000 each will also be awarded.
Milestone Awards will kick-start team fundraising for their operating budgets to achieve full-scale demonstrations. The grand prize winner gets $50 million, leaving $20 million and $10 million for the two runnerups. (Source: Elon Musk, Balkan Green Energy News, 15 Feb., 2021)
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The company estimates 31 pct or more of its nameplate energy capacity will come from wind by the end of this year.
Xcel Energy is the first major U.S. power provider to commit to reducing carbon emissions by 80 pct from 2005 levels by 2030, rising to 100 pct carbon-free electricity by 2050. (Source: Xcel Energy, PR, Website, 10 Feb., 2021) Contact:
Xcel Energy Media Relations, (612) 215-5300, www.xcelenergy.com
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To that end Nordea aims to reduce carbon emissions from its lending and investment portfolios by 40-50 pct by 2030, as well as reduce its internal carbon emissions by at least 50 pct and achieve net-positive carbon contribution by 2030. The baseline measurement for the objectives is 2019.
Nordea , with €401.80 billion in assets, is Finland's largest bank. (Source: Source: Nordea, PR, 10 Feb. 2021) Contact: Nordea, Frank Vang-Jensen, CEO, www.nordea.com
More Low-Carbon Energy News Net-Zero Emissions,
"ICE was founded in 2000 to digitize the energy markets and provide greater price transparency. We've been transforming markets, products and processes ever since. By combining our world class technology with our leading data services and operating expertise, we add transparency and enable customer efficiency gains that advance both our networks and solutions for our customers. It is this consistent and strategic approach that has propelled our expansion from a small technology network serving the U.S. power industry just over two decades ago, into a global enterprise that operates networks across the major asset classes", according to the ICE website. (Source: Intercontinental Exchange, PR, Feb., 2021) Contact: Intercontinental Exchange, +44 20 7825 8000, www.intercontinentalexchange.com
More Low-Carbon Energy News Carbon Emisions, Carbon Credit,
Suncor reported a fourth-quarter net loss of $168 million on revenue of $6.6 billion, compared with a net loss of $2.34 billion on revenue of $9.6 billion in the same period of 2019, with both sets of numbers heavily influenced by asset writedowns.
The company says the current loss includes a $142-million after tax transportation provision related to the recently cancelled Keystone XL oil export pipeline project, offset by a $539-million unrealized after-tax foreign exchange gain on U.S. dollar denominated debt. (Source: Suncor Energy, Canada Press, Feb., 2021) Contact: Suncor Energy, www.suncor.com
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The court ruled "Federal agencies cannot ignore more accurate scientific information when it is available and The agencies) failed to fully consider the social cost of carbon on every ton of greenhouse gasses emitted." In 2017, then President Trump ordered agencies not to use social cost of carbon estimates developed at the end of the Obama administration.
On his first day in office, Biden ordered government agencies to account for damages caused by increased greenhouse gas emissions. "An accurate social cost is essential for agencies to accurately determine the social benefits of reducing greenhouse gas emissions when conducting cost-benefit analyses," President Biden's order noted. (Source: Rocket Miner, Various Media, AP 6 Jan., 2021)
More Low-Carbon Energy News Coal, Carbon Emissions, Social Cost of Coal,
According to the Net Zero Economy Index, South Africa recorded a 1.3 pct increase in carbon intensity for the second consecutive year compared to a 2.4 pct fall globally in 2019.
The index compares the amount of CO related emissions from a country to the gross domestic product (GDP) of the country for the year.
South Africa saw the lowest economic output in terms of GDP per ton of CO that it emits, across the economy.
Currently, over 90 pct of South Africa's energy is generated by relatively low quality coal. The country's Integrated Resource Plan 2019 commits to cutting coal fired power generation by 43 pct of the total energy supply by 2030.
(Source: PWC, IOL, 7 Feb., 2021) Contact: PWC South Africa, www.pwc.co.za
More Low-Carbon Energy News Pricewaterhousecoopers, Carbon Emissions, Carbon Intensity,
"In 2019, France kept its climate commitments and that's excellent news," the Ministry said announcing that emissions fell by 1.7 pct that year, exceeding the target of 1.5 pct.
In June 2020, the national emissions inventory agency CITEPA estimated that France produced 437 million tonnes of CO2 equivalent in 2019, which represented a drop of only 1 pct from the previous year. But the environment ministry noted CITEPA has since revised its estimate to 441 million tonnes, a fall of 1.7 pct.
Under the 2015 Paris Climate Agreement, France pledged to cut emissions by 40 pct by 2030 compared with 1990 levels, and aims to become carbon neutral by 2050. (Source: French Environment Ministry, AFP, Space Daily, 7 Jan., 2021) Contact: French Environment Ministry, +33 140812122,
More Low-Carbon Energy News Paris Climate Agreement, Carbon Emissions,
A 6.8 pct rise on Wednesday, February 4th followed a 6.5 pct jump in the previous session. The price of carbon has risen by 66 pct since early November, 2020. (Source: Various Media, FT, 3 Feb., 2021)
More Low-Carbon Energy News EU ETS, Carbon Emissions, arbon Price,