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Gevo Inc. Offers Business Update (Ind. Report)
Gevo,GEVO
Date: 2020-09-11
Englewood, Colorado-headquartered Gevo, Inc. provided the following 8th Dept. update on its business and strategic plan:

  • Gevo recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves Gevo's ability to execute on its strategic plans.

  • Gevo continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for Gevo construction capital by utilizing project-level debt and third-party equity.

  • Gevo continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's current production facility located in Luverne, Minnesota.

  • As previously announced, Gevo engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by Gevo to build up to three production facilities. Gevo expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, Gevo would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

    Additionally, Gevo noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Gevo,  


  • China Plan Bans Clean Coal from Green Bond Financing (Int'l. Report)
    Peoples Bank of China,Climate Bonds Initiative
    Date: 2020-09-11
    According to China's central bank, the People's Bank of China, a proposal to stop recognizing clean coal as projects qualified for green bonds could attract more interest from foreign investors, as the policy change brings domestic standards closer to the more stringent international definition of green projects. Clean coal projects have always been excluded in green bonds that are certified by international standards.

    In Q1 this year, China's issuance of green bonds that only met domestic definitions totaled US$7.97 billion, well above $4.37 billion for the globally aligned bonds, according to the Climate Bonds Initiative (CBI). For the second quarter through June alone, green bonds issued on the Chinese standards more than doubled to $5.92 billion from the previous quarter, while the globally aligned green bonds also nearly doubled to $2.82 billion, CBI added.

    In 2019, locally aligned green debt in China totaled US$24.5 billion, less than $31.3 billion for the bonds aligned with the global standards, according to the CBI.

    On the definition of projects, the international guidelines pay more attention to climate change mitigation and adaptation, while China's domestic rules emphasize environmental benefits such as pollution reduction, resource conservation and ecological protection in addition to the reduction of greenhouse gas emissions, according to a 2019 CBI report. (Source: CBI, People's Bank of China, Hellenic Shipping News, Sept., 2020) Contact: People's Bank of China, www.pbc.gov.cn; Climate Bonds Initiative, www.climatebonds.net

    More Low-Carbon Energy News Climate Bonds Initiative,  Clean Coal,  Carbon Emissions,  Green Bond,  


    EU Member CO2 Emissions Continue to Fall (Int'l. Report)
    European Commission Joint Research Centre
    Date: 2020-09-11
    According to a study by the European Commission Joint Research Centre, the 27 European Union member countries and the UK's fossil CO2 emissions fell by 3.8 pct between 2018 and 2019 on average. In all, annual European emissions are 25 pct below those of 1990, reaching 3,303 Mt.

    On the other hand, global emissions continue to increase of 0.9 pct to 38 Gt of CO2. China's emissions rose 3.4 pct, India's were up 1.6 pct while U.S. emissions dropped 2.6 pct. (Source: European Commission Joint Research Centre, Paperjam.lu, Sept., 2020) Contact: European Commission Joint Research Centre, www.ec.europa.eu/info/departments/joint-research-centre_en

    More Low-Carbon Energy News European Commission Joint Research Centre news,  Carbon Emissions news,  


    Ricardo Commits to Net Zero Carbon by 2030 (Ind. Report)
    Ricardo
    Date: 2020-09-09
    Global engineering, environmental and strategic consultancy Ricardo plc is reporting its commitment to achieve Net Zero carbon emissions from its operations by the end of 2030.

    To that end, the company will: maximize the use of renewable energy; make more energy- and space-efficient use of its commercial property portfolio as more flexible office working is implemented; maximize its 'digital-first' strategy and avoid unnecessary business travel; increase energy efficiency; use verified offsetting schemes to offset residual emissions.

    Ricardo's greenhouse gas (GHG) emissions, including 'scope 3' emissions from air travel, for the financial reporting year 2019/2020 have been independently verified by Lloyds Register. Ricardo plans to implement Science-Based Targets during the financial year 2020/2021 to meet the goals of the Paris Climate Agreement, according to the release. (Source: Ricardo, Website, PR, 7 Sept., 2020) Contact: Ricardo, Dave Shemmans , CEO, info@ricardo.com, www.ricardo.com

    More Low-Carbon Energy News Ricardo,  GHG,  Carbon Emissions,  NetZero Carbon,  


    Smithfield Foods Aims for Carbon Negative by 2030 (Ind. Report)
    Smithfield Foods
    Date: 2020-09-09
    Virginia-based pork producer Smithfield Foods has pledged to become the first major protein company to go carbon negative through carbon reduction infinitive s at its 40 company-owned facilities in the U.S. by 2030 without purchasing carbon credits to offset emissions.

    . In 2016, the company announced plans to reduce greenhouse gas emissions by 25 pct by 2025 across its entire supply chain and in 2017 launched Smithfield Renewables that united its carbon reduction and renewable energy efforts. The company is known for its anaerobic digestion biogas efforts to turn methane from hog manure into renewable natural gas, The company will also work to sequester more carbon in farmlands and natural ecosystems. It also intends to add more wind and solar energy; streamline distribution routes to reduce miles traveled; reduce energy consumption for refrigeration, lighting and equipment. (Smithfield Foods, PR, 8 Sept., 2020) Contact: Smithfield Foods, Kenneth M. Sullivan, Pres., CEO, Lisa Martin, (757) 365-1980, lvmartin@smithfield.com, www.smithfield.com

    More Low-Carbon Energy News Smithfield Foods,  Carbon Emissions,  Carbon Negative,  Biogas,  Methane,  Anaerobic Digestion,  


    Woodstock Equipping Fleet with dynaCERT HydraGEN Tech (Ind. Report)
    dynaCERT
    Date: 2020-09-09
    York, Ontario-based next generation Carbon Emission Reduction Technology developer dynaCERT Inc. reports it will equip diesel powered vehicles of the City of Woodstock, Ontario, with HydraGEN™ technology to reduce carbon emissions and cut fuel costs. Installation is slated to get underway this month.

    Woodstock (pop. 44,000) is the first Canadian city to equip its vehicles with dynaCERT's proprietary technology. The installations are in accord with the city's 2016 Community Energy Plan to reduce energy use and cut greenhouse gas emissions. (Source: dynaCERT, PR, Street Insider, 8 Sept., 2020) Contact: dynaCERT, Jim Payne, CEO, Pres., 416 766 9691 ext 602, jpayne@dynacert.com, www.dynacert.com

    More Low-Carbon Energy News dynaCERT,  Carbon Emissions,  NOx,  


    GEVO Inc. Provides Business Update (Ind. Report)
    GEVO,Gevo
    Date: 2020-09-09
    Englewood, Colorado-headquartered GEVO Inc. provided the update on its business and strategic plan today, 8 Sept.:

  • GEVO recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves the company's ability to execute on its strategic plans.

  • GEVO continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for GEVO construction capital by utilizing project-level debt and third-party equity.

  • GEVO continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's facility in Luverne, Minnesota.

  • As previously announced, GEVO engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by the company to build up to three production facilities. GEVO expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, GEVO would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

    Additionally, the GEVO release noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Isobutanol,  SAF,  Aviation Biofuel,  


  • ARPA-E Commits $16.5Mn for Biofuels Supply Chain Tech. (R&D)
    ARPA-E
    Date: 2020-09-04
    In Washington, the US DOE Advanced Research Projects Agency-Energy (ARPA-E) is reporting $16.5 million in funding for six projects as part of the Systems for Monitoring and Analytics for Renewable Transportation Fuels from Agricultural Resources and Management (SMARTFARM) program. These projects will develop technologies that bridge the data gap in the biofuel supply chain by quantifying feedstock-related GHG emissions and soil carbon dynamics at the field-level. These technologies will allow for improved efficiency in feedstock production and enable new ag-sector carbon removal and management opportunities.

    SMARTFARM teams will work to design and develop systems to quantify feedstock production life cycle GHG emissions at the field level reliably, accurately, and cost-effectively. Selected projects are capable of delivering a positive return on investment when field-level carbon emissions reductions are connected to associated biofuel carbon markets. The program also focuses on potential economic benefits to feedstock producers and future carbon management markets, potentially complementing yield-based revenues with incentives for input efficiency and restorative practices. This focus will also help to lay the groundwork for market structures to shift away from national averages and toward lower uncertainty field-based estimates for incentivizing efficiency and other services.

    Working to make the biofuel supply chain carbon-negative through the removal or sequestration of carbon would greatly improve biofuel's economic and environmental benefits. Achieving reductions in carbon emissions also encourages feedstock producers to adopt new technologies and practices to quantify their impact. SMARTFARM teams are working to develop robust quantification methods through these awards so that management practices can be linked to environmental and economic outcomes simultaneously.

    Download SMARTFARM projects funding recipients and details HERE (Source: ARPA-E, Website PR, Sept., 2020) Contact: ARPA-E, Lane Genatowski, Dir., www.arpa-e.energy.gov

    More Low-Carbon Energy News ARPA-E,  Biofuel,  Renewable Fuels,  


    Arctic Wildfires Set World Carbon Emissions Record (Int'l. Report)
    Copernicus
    Date: 2020-09-04
    Following up on our 22nd July, 2017 coverage, according to the Copernicus Atmosphere Monitoring Service, wildfires raging in Arctic regions throughout summer 2020 have already outstripped 2019's record levels and are the highest for the region since 2003.

    Scientists from Copernicus, which is run by the European Centre for Medium-Range Weather Forecasts (ECMWF) on behalf of the European Commission, have estimated that carbon dioxide emissions from the Arctic Circle since this January were 244 million tonnes -- 33 pct increase over the total 181 million tonnes in 2019. Most of the increase in wildfires has been in Russia's Sakha Republic, which is partly within the Arctic Circle. (Source: Copernicus Atmosphere Monitoring Service, Sept., 2020) Contact: Copernicus Atmosphere Monitoring Service , Mark Parrington, Snr. Analyst, atmosphere.copernicus.eu

    More Low-Carbon Energy News Copernicus,  Carbon Emissions,  


    Private Sector Cooperates to Scale Carbon Offsetting Markets (Int'l.)
    Carbon Markets,Institute of International Finance
    Date: 2020-09-04
    The Institute of International Finance (IIF) is reporting Unilever, Nestle, BP and Shell are among the 40 top private sector members of a new Taskforce on Scaling Voluntary Carbon Markets spearheaded by former Bank of Canada and Bank of England Governor Mark Carney.

    The Taskforce will work to take stock of existing voluntary offsetting schemes and identify key challenges to scaling them up while helping businesses meet their own commitments and to align with legally binding climate targets in the markets where they operate. It is also hoped the Taskforce will play a role in boosting carbon prices which stood at a global average of $2 per ton in Oct., 2019.

    According to Carney , the current market for offsets will need to grow by at least 15-fold by 2030 if the private sector is to align with the Paris Agreement's 1.5C trajectory by 2050. Carney noted it may need to be up to 160 times bigger than in 2020, should corporates rely on offsetting rather than emissions reductions. (Source: IIF, Taskforce on Scaling Voluntary Carbon Markets, edie, PR, Sept., 2020) Contact: Institute of International Finance, Taskforce on Scaling Voluntary Carbon Markets, info@iif.org, www.iif.com/tsvcm/Main-Page/Publications/ID/4061/Private-Sector-Voluntary-Carbon-Markets-Taskforce-Established-to-Help-Meet-Climate-Goals

    More Low-Carbon Energy News Institute of International Finance ,  Carbon Emissions,  Carbon Markets,  


    Notable Quote -- Alarm Sounded on Forest Biomass Emissions
    Science Advisory Council of the European Academies
    Date: 2020-09-02
    "We have repeatedly pointed out that the large-scale substitution of coal by forest biomass [to produce electricity] will accelerate climate warming and will increase the risks of overshooting Paris Climate Agreement targets.

    "The reason is simple: when the forest is harvested and used for bioenergy, all the carbon in the biomass enters the atmosphere very quickly, but it will not be reabsorbed by new trees for decades. This is not compatible with the need to tackle the climate crisis urgently." -- Michael Norton, Environmental Director, Science Advisory Council of the European Academies www.easac.eu

    More Low-Carbon Energy News Forest Biomass,  Climate Change,  Carbon Emissions,  Paris Climate Agreement,  


    GreenCollar's Carbon Farming Projects Find Funding (Int'l. Report)
    GreenCollar
    Date: 2020-09-02
    In the Land Down Under, Australia's leading environmental markets project developer and investor GreenCollar reports it has secured funding for a series of carbon farming projects under the Queensland Government's $500 million Land Restoration Fund (LRF). The approved projects will generate roughly $9.5 million worth of Australian Carbon Credit Units (ACCUs) boosting farm-gate returns for regional Queenslanders and deliver multiple environmental and socio-economic co-benefits over the next 15 years.

    GreenCollar has more than 200 hundred projects covering over 6 million hectares under the Australian Federal Government's Emissions Reduction Fund (ERF), accounting for approximately 50 pct of delivered abatement across the Australian carbon market to date. With its landholder partners, GreenCollar develops land-based carbon projects and facilitates the sale of the resulting credits to private and public organisations to offset their environmental footprint. (Source: GreenCollar, Mirage, 1 Sept., 2020) Contact: GreenCollar, James Schultz, Co-Founder and CEO, +61 2 9252 9828, www.greencollar.cp.au

    More Low-Carbon Energy News Carbon Farming,  Climate Change,  Carbon Emissions,  Carbon Credits,  


    Nigeria Included in TOTAL's Zero Carbon Emissions 2050 Plan (Int'l.)
    TOTAL
    Date: 2020-09-02
    Prais-headquartered multinational oil and gas giant TOTAL Group reports it has incorporated Nigeria in its plan of achieving zero carbon emissions in production activities by 2050, as part of its drive to address global climate challenge.

    To reach Net Zero on Operations by 2050 or sooner, TOTAL will invest in renewable generated low carbon electricity, low cost oil, biofuels, and nature-based carbon sinks or carbon capture and storage (CCS). The company noted it would continue to strike a balance between enabling the energy transition by investing in renewable energy while continuing to provide oil and gas to meet the needs of customers and society. (Source: TOTAL, PR, This Day, 1 Sept., 2020) Contact: Total Group, www.total.com

    More Low-Carbon Energy News Carbon Emissions,  Zero-Carbon,  Climate Change,  


    EDS Systems Touts GHG Emissions Monitoring Tool (Int'l. Report)
    EDS Systems
    Date: 2020-09-02
    Plano, Texas-based EDS Systems reports the launch of its cloud-based "EcoGauge" carbon tax analytics tool to assist organizations with the monitoring and management of their carbon emissions and to ultimately help reduce the administrative burden of compliance measurement and reporting, as well as carbon tax liabilities.

    EcoGauge helps remove the complexity inherent in greenhouse-gas (GHG) reporting and provides a near real-time view on GHG emissions and the effect of a manufacturing process change. EcoGauge generates an instant report that classifies emissions by source and calculates liability in terms of the Carbon Tax Act and carbon tax compliance.

    According to EDS, "EcoGauge is an effective solution for companies shifting to a more carbon-conscious mindset, because the cost of ignoring climate change will be far higher than the cost of reducing emissions through legislation such as the Carbon Tax Act." (Source: EDS, PR, Creamers, 2 Sept., 2020) Contact: EDS, Eckart Zollner, Bus. Dev., www.eds.com

    More Low-Carbon Energy News EDS Systems news,  GHG Emissions news,  Emissions Monitoring news,  Carbon Tax news,  


    WGBC Launches Sustainable Building Strategy (Strategy Attached)
    World Green Building Council
    Date: 2020-09-02
    The World Green Building Council (WGBC) is reporting the launch of its Sustainable Buildings for Everyone, Everywhere strategy to tackle well-being and resource efficiency issues in the built environment. Based on climate science and the Global Goals of Sustainable Development (SDGs), the strategy tackles global warming, health and well-being and resource impacts to deliver quality infrastructure.

    Buildings are responsible for almost 40 pct of global carbon emissions and 50 pct of global material use while 91 pct of people and their families live where air pollution levels exceed World Health Organization limits. People spend 90 pct of their time indoors, so the quality of the indoor environment is of critical importance. By 2050, the global population will increase to 9.8 billion and the world's building stock will double, accelerating devastating environmental, social and economic impacts of the built environment, according to the WorldGBC.

    Download the WGBC Sustainable Buildings for Everyone, Everywhere strategy HERE. (Source: World Green Building Council, Sept., 2020) Contact: World Green Building Council, Cristina Gamboa, CEO , www.worldgbc.org

    More Low-Carbon Energy News World Green Building Council,  Energy Efficiency,  Green Building,  


    Duke Operating NC's Largest Battery Storage System (Ind. Report)
    Duke Energy
    Date: 2020-08-28
    Charlotte, North Carolina-headquartered utility Duke Energy reports it has begun operating the largest battery storage system in the Tar Heel State.

    Duke noted it plans to invest about $600 million for 375 MW of energy storage across its regulated businesses. The utility aims to reduce carbon emissions by at least 50 pct by 2030 and achieve net-zero carbon emissions by 2050, according to a company statement.

    The 9-MW lithium-ion Samsung battery system in Ashville came in at roughly $15 million and will provide energy support to the electric system including frequency regulation and other grid support services. (Source: Duke Energy, News Center PR, 27 Aug., 2020)Contact: Duke Energy Renewables, Chris Fallon, (704) 594-6200, chris.fallon@duke-energy.com, www.duke-energy.com

    More Low-Carbon Energy News Duke Energy,  Energy Storage,  Lithium-Ion Battery,  


    BHP Billiton Re-sets Emissions, Climate Change Targets (Int'l.)
    BHP
    Date: 2020-08-28
    In the Land Down Under, Melbourne-based mining giant BHP reports the revamping of its strategy to reduce the company's operational emissions and set concrete targets to be reached by 2030 and its ultimate goal to become carbon-neutral by 2050.

    The company noted that carbon capture and storage (CCS), an increased reliance on renewable energy and other initiatives will be funded through a $400 million climate investment program announced in 2019. The company also plans to update its portfolio assessment to take into account its Paris Climate Agrement agreement goals, and will sell or demerge some of its coal mines to help meet those goals. Additionally, future executive remuneration will include an element tied to climate change actions. (Source: BHP Billiton, mining.com, 27 Aug., 2020) Contact: BHP Billiton, Dr. Fiona Wild, VP Sustainability and Climate Change, +61 3 9609 3333, www.bhpbilliton.com, www.bhp.com

    More Low-Carbon Energy News BHP,  Climate Change,  Carbon Emissions,  Carbon Neutral,  CCS,  


    Dairy Farmers Set Emissions Standards (Ind. Report)
    Dairy Farmers of America
    Date: 2020-08-28
    The Kansas City, Kansas-headquartered Dairy Farmers of America (DFA), a national dairy cooperative owned by family farmers, reports it is setting a science-based target and committing to cut direct and value chain greenhouse gas (GHG) emissions by 30 pct by 2030, from a base year of 2018. (Source: DFA, PR, Aug., 2020) Contact: DFA, Richard Smith, Pres., (816) 801-6455, www.dfamilk.com

    More Low-Carbon Energy News Dairy Farmers of America,  Carbon Emissions,  


    Williams Aims for 56 pct Carbon Emissions Cut by 2030 (Ind. Report)
    Williams Companies
    Date: 2020-08-26
    Tulsa, Oklahoma-headquartered natural gas processing and transmission firm The Williams Companies Inc reports it is aiming for a 56 pct absolute reduction in greenhouse gas emissions from 2005 levels by 2030 and reach net zero carbon emissions by 2050.

    Williams currently delivers renewable natural gas (RNG) in partnership with energy companies in Idaho, Ohio, Washington and Texas to transport methane emissions captured from landfills or dairy farms. (Source: The Williams Companies, PR, Website, 26 Aug., 2020) Contact: The Williams Companies, 800-945-5467,www.williams.com

    More Low-Carbon Energy News Williams Companies,  Carbon Emissions ,  


    EASAC Calls for Biomass Emissions, EU ETS Review (Int'l. Report)
    EASAC, Biomass
    Date: 2020-08-26
    In Germany, the European Academies' Science Advisory Council (EASAC) is reportedly calling for EU legislators to introduce a new requirement that net carbon emissions from "biomass power stations be properly accounted for and declared under the Emissions Trading System (ETS)."

    The European Commission is presently reforming the rules on monitoring and reporting for the ETS the period 2021-2030. The draft regulation requires that biomass complies with the Renewable Energy Directive Sustainability criteria to be considered carbon neutral. This is a critical point to ensure that biomass comes from sustainable managed forests, that it does not lead to a decrease to the forest carbon stock, and it doesn't damage biodiversity or soil and water quality.

    The current EU ETS only accounts for smokestack emissions and rates the carbon emissions of biomass burning at zero. However, EASAC said in a statement that it "should not be possible to just assume that millions of tons of carbon coming out of a power station stack are 'zero'. The ETS should be reformed to link accounting to the real effects on CO2 levels in the atmosphere. This will require calculating the 'carbon payback period' for each biomass facility and its supply chain. Regulators need to know how long it will take until the initial perverse effects of biomass on climate are overcome and net reductions in atmospheric CO2 concentrations achieved', according to the release.

    "The European Commission, in its recent biodiversity strategy, has recognised that sustainable bioenergy is a win-win solution for energy generation and a key tool to achieve carbon neutrality in 2050. EU member states, as shown in their national energy and climate plans, rely on efficient and sustainable bioenergy to decarbonise their energy mix," the release added. (Source: EASAC, Website, PR, Aug., 2020) Contact: EASAC, Professor Michael Norton, Environment Programme Director, info@easac.eu, +32 2550 2332 www.easac.eu

    More Low-Carbon Energy News EU ETS news,  Biomass news,  Biomass Emissions news,  


    Williams Aims for 56 pct Carbon Emissions Cut by 2030 (Ind. Report)
    Williams Companies
    Date: 2020-08-26
    Tulsa, Oklahoma-headquartered Williams Companies Inc reports it is aiming for a 56 pct absolute reduction from 2005 levels in greenhouse gas emissions by 2030 and reach net zero carbon emissions by 2050.

    Williams currently delivers renewable natural gas (RNG) in partnership with energy companies in Idaho, Ohio, Washington and Texas to transport methane emissions captured from landfills or dairy farms. (Source: Williams Companies,

    More Low-Carbon Energy News Williams Companies news,  Carbon Emissions news,  


    WVU Scores $1.5Mn for Natural Gas Emissions Reduction Tech (R&D)
    West Virginia University
    Date: 2020-08-24
    Engineers at West Virginia University (WVU) are reportin receipt of $1.5 million in U.S. DOE grant funding for the development of new technology that will reduce greenhouse gas emissions from natural gas production and improve gas consumption rates.

    According to the WVU release, natural gas production in the U.S. is over 33 trillion cubic feet per year with as much as 2.3 pct of produced gas lost to the atmosphere across the supply chain.

    The WVU research project aims to develop and demonstrate an economical methane mitigator system aimed at reducing methane and other emissions across the natural gas supply chain while improving fuel consumption for prime-mover engines. To that end, Researchers will be collaborating with Caterpillar Inc. and Southwestern Energy to complete the project. (Source: University of West Virginia, PR, 23 Aug., 2020) Contact: University of West Virginia, Assoc. Prof. Derek Johnson, Benjamin M. Statler College of Engineering and Mineral Resources, 304-293-4821, derekjohnson.faculty.wvu.edu, www.wvu.edu

    More Low-Carbon Energy News West Virginia University,  Natural Gas Emissions,  Carbon Emissions ,  Methane,  


    GEVO Announces $50Mn Registered Direct Offering (Ind. Report)
    GEVO
    Date: 2020-08-21
    Englewood, Colorado-based Gevo, Inc. reports it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 38,461,545 shares of common stock at a purchase price of $1.30 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about August 25, 2020, subject to the satisfaction of customary closing conditions.

    Offering proceeds are expected to be $50 million, before placement agent (H.C. Wainwright & Co.) fees and other offering expenses. GEVO intends to use the net proceeds for working capital and general corporate purposes, which may include the repayment of outstanding indebtedness.

    GEVO is commercializing the next generation of renewable premium gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity, according to the company. (Source: GEVO, PR, Website, 20 Aug., 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

    More Low-Carbon Energy News GEVO,  Ethanol,  Biobutanol,  Biofuel,  


    Green Climate Fund Supports Ghana Forestry Project (Int'l. Report)
    Green Climate Fund
    Date: 2020-08-21
    The Green Climate Fund (GCF) has approved a $54.5 million facility for the Ghana Shea Landscape Emission Reductions Project aimed at addressing deforestation and forest degradation in the Northern Savannah Zone of Ghana.

    The Project, which will be implemented by the Forestry Commission (FC) of Ghana with technical support from the United Nations Development Programme (UNDP), in partnership with multiple national and local institutions, civil society organizations and private sector, leveraged vertical funds with $30,100,000 grant from the GCF, about $15 million from the Government of Ghana and mobilized about $9 million impact investments from the private sector .

    The project's outcomes included the restoration of 200,000 hectares of off-reserve savanna forest and 300,000 hectares of degraded shea parklands as well as the establishment of 25,500 hectares of forest plantations in severely degraded forest reserves. The project is expected to cut 25.24 million tonnes of CO2 over 20 years.

    The GCF is a funding mechanism under the United Nations Framework Convention on Climate Change (UNFCCC) that supports climate change adaptation and mitigation in developing countries. (Source: Green Climate Fund, Ghana Business News, 21 Aug., 2020)Contact: Green Climate Fund, +82.32.458.6059, info@greenclimate.fund, www.greenclimate.fund

    More Low-Carbon Energy News Green Climate Fund,  Carbon Emissions,  Climate Change,  Global Warming,  Deforestation,  


    CERI Touts EU ETS Over Carbon Tax to Cut Emissions (Ind. Report)
    Canadian Energy Research Institute
    Date: 2020-08-19
    A recent study from the Canadian Energy Research Institute (CERI) compared the province of British Columbia's $40 per tonne carbon tax and Alberta's Technology Innovation and Emissions Reduction (TIER) program taxing heavy emitters $30 a tonne, to the European emissions trading scheme (EU ETS) and Quebec's cap-and-trade agreement with California and noted that overall, the EU ETS policy was more effective at reducing greenhouse gas (GHG) emissions than the Carbon Tax policy or a Hybrid policy.

    In keeping with the study findings, the CERI study proposed the following to lower emissions:

  • Both carbon tax and emissions trade systems have a great capacity to reduce GHG emissions; however, a level at which they are utilized is not adequate for significant change towards low carbon economies;

  • Strengthening existing and adding new carbon policies and actions, especially those that can deal with carbon leakage, is needed;

  • Current carbon prices in many jurisdictions remain insufficient to achieve the objectives of the Paris Agreement, even with extended carbon pricing policies in place to align with the specific GHG reduction targets;

  • Stronger complementary policies and actions are needed to achieve the total reductions in GHG emissions in a case of the BC carbon tax;

  • Lessons from ETS systems, especially California's cap-and-trade system, has revealed that the economy-wide approach can be more efficient than managing specific sectors differently;

  • Linkage of a cap-and-trade system with those in other jurisdictions (such as California's cap-and trade system linked with Quebec) could potentially reduce abatement costs, price volatility, and market power.

    The Calgary-based Canadian Energy Research Institute is an independent, not-for-profit research establishment created through a partnership of industry, academia, and government in 1975. CERI aims to provide relevant, independent, objective economic research in energy and environmental issues to benefit business, government, academia and the public and to build bridges between scholarship and policy,combining the insights of scientific research, economic analysis, and practical experience. (Source: Canadian Energy Research Institute, PR, Western Standard, Aug., 2020) Contact: Canadian Energy Research Institute, (403) 282-1231, info@ceri.ca, www.ceri.ca

    More Low-Carbon Energy News Canadian Energy Research Institute,  ETS,  Carbon Tax,  Carbon Emissions ,  


  • Post Brexit UK Retaining EU CO2 Emissions Regulations (Int'l.)
    UK Department for Transport
    Date: 2020-08-19
    In London, according to a new Department for Transport consultation the UK will maintain a "regulatory regime as close to business-as-usual scenario for manufacturers and remain with EU regulation on CO2 emission standards" even after leaving the European Union at the end of this year.

    The consultation document includes proposals aimed at avoiding confusion, especially as the country's vehicle fleet is heavier than the 27 country EU fleets. Moving from the EU fleet average to a UK specific value would "immediately make regulatory targets more demanding for all manufacturers," the consultation document notes.

    When made into legislation as proposed, the UK will keep the EU's 15 pct CO2 emission reduction target for cars and vans from 2025, and a 37.5 pct reduction for cars and 31 pct for vans come 2030. Carmakers will face fines of £86 instead of €95 for every gram of CO2 exceeded. The limit is 95 grams per km, and manufacturers will still base their targets on the average weight of vehicles sold.

    Download the Department for Transport document details HERE. (Source: UK Gov. Department for Transport, electrive.com, Aug., 2020)

    More Low-Carbon Energy News Carbon Emissions,  Transportation Emissions,  Vehicle Emissions ,  


    EPA Urged to Stop Penalizing Ethanol Blends ( Editorials & Asides)
    Urban Air Initiative,American Coalition for Ethanol
    Date: 2020-08-17
    In Washington, the Urban Air Initiative (UAI) -- a coalition of state corn grower organizations -- along with the American Coalition for Ethanol (ACE) and the Clean Fuels Development Coalition last Friday filed comments asking the EPA not to penalize ethanol's ability to reduce carbon emissions.

    The EPA is proposing to penalize the current Tier 3 test fuel that all automakers will use to meet CO2 emission standards because it contains 10 pct ethanol. This Tier 3 test fuel lowers CO2 emissions compared to the prior E0 test fuel from 1975. The EPA is creating this new penalty against ethanol by manipulating test procedures to inflate the tailpipe CO2 emissions of vehicles certified as using E10. Since the penalty would presumably increase with higher ethanol volumes, this rule would be a major disincentive for automakers to transition to higher ethanol blends.

    "Basically ethanol can't win. First EPA ignores ethanol's ability to reduce toxic aromatics, and now it wants to penalize ethanol for being a more efficient, lower-carbon fuel additive. The EPA is making this more complicated than it needs to be. It's creating rules based on older, non-representative fuels in its testing. Plus, EPA has no authority to penalize a particular fuel. Automakers can take advantage of high octane ethanol but not if they are penalized before they even start. In short, let the market work," Urban Air President Dave VanderGriend commented.

    "EPA's anti-ethanol bias is not limited to how it has badly mismanaged the Renewable Fuel Standard, it extends to the Agency's proposal to artificially inflate CO2 emissions from vehicles being tested on E10 blends for Tier 3 Test Fuel Procedures," ACE CEO Brian Jennings commented. (Source: Urban Air Initiative, PR, 17 Aug., 2020) Contact: Urban Air Initiative, Dave VanderGriend, Pres., www. fixourfuel.com; Clean Fuels Development Coalition, 301-718-0077, www.cleanfuelsdc.org; American Coalition for Ethanol, Brian Jennings, (605) 334-3381, www.ethanol.org

    More Low-Carbon Energy News RFS,  American Coalition for Ethanol,  ACE,  Urban Air Initiative,  Ethanol,  Ethanol Blend,  


    Petrofac Engineering Eyes Net Zero Emissions by 2030 (Int'l. Report)
    Petrofac
    Date: 2020-08-14
    International energy industry services provider Petrofac Engineering is reporting plans to cut its direct and indirect emissions to net zero by 2030, and work to influence its supply chain to set its own reduction targets. To that end, Petrofac will:
  • Reduce its emissions by implementing energy efficiencies and low carbon strategies on sites and operations, optimising operations and methods of construction and advancing flare and venting reduction and carbon abatement plans.

  • Adopt new technologies such as phasing in hybrid and electric vehicles on site, decarbonising HVAC systems by switching to renewable electricity where available and fitting smart building technology in offices to maximise energy efficiency.

  • Support and enable its clients, partners and suppliers in their lower carbon ambitions, enable flexible and agile working practices, continue to embed emission reductions targets in management scorecards and incentivise staff to be advocates for Net Zero. Petrofac comprises 80 nationalities and its Board . (Source: Petrofac Engineering, PR, albawaba, 13 Aug., 2020) Contact: Petrofac Engineeing, John Pearson, CEO, www.petrofac.com

    More Low-Carbon Energy News Petrofac,  Carbon Emissions,  Net Zero Emissuins,  


  • JetBlue Airline Claims Carbon Neutrality (Ind. Report)
    JetBlueNeste,CarbonFund
    Date: 2020-08-14
    Following up on our 1st Jan. coverage, U,S, air carrier JetBlue is reporting it is the first U.S. airline to achieve carbon neutrality for its domestic flights.

    As previously reported, JetBlue committed to off-setting global warming by investing in sustainable aviation fuels (SAFs) from Neste, better advancements in engineering and partnerships with CarbonFund.org Foundation, South Pole and EcoAct to help offset carbon dioxide emissions. To date, the airline has offset 2.6 billion pounds of carbon dioxide with CarbonFund.org and hopes to offset 15-17 billion pounds each year -- equivalent to removing 1.5 million cars from the road.

    JetBlue will also partner with various renewable resource companies and foundations that specialize in solar and wind energy, forestry conservation and Landfill Gas Capture projects. (Source: JetBlue, PR, Travel Pulse, 13 Aug., 2020) Contact: JetBlue, David Barger, President, CEO, (718) 286-7900, www.jetblue.com; ; Neste, +358 10 458 4128, www.neste.com; CarbonFund, www.carbonfund.org

    More Low-Carbon Energy News JetBlue,  Carbon Emissions,  Carbon Neutral,  CarbonFund ,  


    EC Reassessing 2030 Targets for 2050 Carbon Neutrality (Int'l. Report)
    European Commission
    Date: 2020-08-12
    In Brussels, the European Commission (EC) reports it is considering more ambitious 2030 targets on renewable energy and energy efficiency action with the aim of ensuring the EU delivers on its pledge to become climate neutral by 2050.

    The review will sharpen the EC's view of the renewable energy and energy efficiency's contribution to meeting the European Green Deal's goal of reducing the 28-member trading bloc's greenhouse gas emissions by 50-55 pct by 2030.

    For renewables, the EC seeks to assess if the renewables target of at least 32 pct for 2030 should be raise and that other directives and initiatives should be modified to be in line with the Energy System Integration Strategy and the Hydrogen Strategy. The outcome of the review and possible proposals are expected in June 2021. (Source: European Union News, European Commission, Balkan Green Energy News, Aug., 2020)

    More Low-Carbon Energy News European Commission,  Renewable Energy,  Carbon Emissions,  


    Klima Touting Individual Carbon Offset App (New Prod. & Tech.)
    Klima
    Date: 2020-08-12
    Berlin-headquartered Klima is touting its recently released app designed to help individuals offset their emissions by supporting credible carbon-reducing projects.

    The Klima app, designed for ease of use, quickly asks a few questions to estimate the user's carbon footprint based on factors such as the number of flights taken each year and the user's diet, then lets the user choose categories of well-vetted offsets to support through a monthly subscription. Offset options include tree-planting projects in Madagascar and Panama, solar power projects, and others. And, the monthly subscription cost drops as the user's carbon footprint falls. (Source: Lima, FastCompany, 12 August, 2020) Contact: Klioma, Markus Gilles, CEO, www.getklima.com

    More Low-Carbon Energy News Carbon Offset news,  Carbon Emissions news,  


    O2 UK Foresees CO2 5G Network Benefits (Int'l. Report)
    O2 UK
    Date: 2020-08-12
    Slough, UK-based telecommunications service provider Telefonica UK Limited, trading as O2 UK, is predicting 5G could significantly reduce the UK's carbon emissions by cutting energy consumption over 15 years, with the greatest benefits to be reaped by utility companies and the home energy sector.

    According to O2 UK, the next-generation networks to shed up to 269 megatonnes of CO2 from the country's emissions by 2035 making the technology vital to the UK achieving carbon neutral status by 2050.

    According to a company release, smart technology could cut 181 megatonnes of carbon emissions from the utility and home energy sectors over the 15 year period. In 2018, England's total emissions amounted to 280 megatonnes.

    O2 UK is aiming to become the UK's first net-zero mobil network by 2025. (Source: O2 UK, PR, MobilWorld, 12 AUG., 2020) Contact: O2 UK, Mark Evans, CEO, www.o2.co.uk

    More Low-Carbon Energy News Carbon Emissions,  O2 UK,  


    Apple Aims for Carbon-Neutrality by 2030 (Ind. Report)
    Apple
    Date: 2020-08-10
    In its 2020 Environmental Progress Report, multinational technology giant Apple announced a 10-year roadmap to reduce emissions by 75 pct by 2030 while developing innovative carbon removal solutions for the remaining 25 pct of its comprehensive footprint.

    The company notes it is already carbon neutral for corporate emissions worldwide. By achieving the 2030 goal, the company would have brought its entire carbon footprint to net zero 20 years sooner than IPCC targets.

    Apple will implement the following and other measures to meet its carbon-neutral goal:

  • Invest in renewable energy -- Apple will remain at 100 pct renewable energy for its operations -- focusing on creating new projects and moving its entire supply chain to clean power. Apple has commitments from over 70 suppliers to use 100 pct renewable energy for Apple production -- equivalent to nearly 8GW in commitments to power the manufacturing of its products. Once completed, these commitments will avoid over 14.3 million metric tpy of carbon emissions . New and completed projects in Arizona, Oregon, and Illinois bring Apple's renewable capacity for its corporate operations to over 1GW -- equivalent to powering over 150,000 homes a year. Over 80 pct of the renewable energy that Apple sources for its facilities are now from Apple-created projects, benefiting communities and other businesses.

  • Expand investments in energy efficiency -- Apple will identify new ways to lower energy use at its corporate facilities and help its supply chain make the same transition. Through a new partnership with Apple, the US-China Green Fund will invest $100 million in accelerated energy efficiency projects for Apple's suppliers. In 2019, Apple invested in energy efficiency upgrades to over 6.4 million square feet of new and existing buildings, lowering electricity needs by nearly one-fifth and saving the company $27 million.

  • Carbon removal -- Apple is investing in forests and other nature-based solutions around the world to remove carbon from the atmosphere. The company has announced a first-of-its-kind carbon solutions fund to invest in the restoration and protection of forests and natural ecosystems globally.

    In partnership with Conservation International, the company will invest in new projects, building on learnings from existing work like restoring degraded savannas in Kenya and a vital mangrove ecosystem in Colombia. Through its work with The Conservation Fund, the World Wildlife Fund, and Conservation International, the company has protected and improved the management of over 1 million acres of forests and natural climate solutions in China, the US, Colombia, and Kenya.

    Download Apple's 2020 Environmental Progress Report HERE. (Source: Apple, July, 2020) Contact: Apple, www.apple.com

    More Low-Carbon Energy News Apple,  Carbon Neutral,  Carbon Emissions,  Carbon Footprint,  


  • Maritime Shipping's Global Carbon Emissions Increase (Int'l.)
    IMO,International Council on Clean Transportation
    Date: 2020-08-10
    In a recently released report, the London-headquartered International Maritime Organization (IMO) notes that carbon emissions from shipping -- which handles roughly 90 pct of world trade -- rose in the six-year period to 2018 and accounted for 2.89 pct of the world's CO2.

    According to the study, CO2 emissions grew to 1,056 million tonnes in 2018 versus 962 million tonnes in 2012.

    The report also noted emissions in 2020 and 2021 would be significantly lower due to the impact of COVID-19 and that emissions over the next decades may be a few percent lower than projected depending on the recovery trajectory.

    The non-profit International Council on Clean Transportation (ICCT) said the growth of shipping was outpacing efficiency improvements and by 2050 emissions from the industry were projected to be up to 130 pct higher than 2008 levels. (Source: IMO, Brinkwire, Aug., 2020) Contact: International Maritime Organization (IMO), Stefan Micallef, Director of Marine Environment Division, +44 (0) 20 7735 7611, www.imo.org; International Council on Clean Transportation, www.theicct.org

    More Low-Carbon Energy News Maritime Emissions,  IMO,  International Council on Clean Transportation ,  


    Foundation for Climate Restoration Comments on Bipartisan CCS Legislation (Opinions, Editorials & Asides)
    Foundation for Climate Restoration
    Date: 2020-08-10
    "This is a momentous occasion for the climate restoration movement. I commend the U.S. Senators Lisa Murkowski (R-AK), Kyrsten Sinema (D-AZ), Sheldon Whitehouse (D-RI), and Shelley Moore Capito (R-WV) on their bipartisan legislation to research and develop carbon capture and sequestration technologies. This is a necessary step that the Foundation for Climate Restoration (FCR) has been advocating for, and we are pleased to see a commitment to robust research and development of these technologies from both sides of the aisle.

    "The trillion tons of excess carbon in our atmosphere are the main driver of climate change. Therefore, even with net-zero emissions, which is critically important, we are not addressing 95 pct of the problem. Carbon capture technologies that remove this excess CO2, paired with uses for the captured carbon that are permanent, scalable, and financeable, must be our foremost commitment. This is critical to restoring a healthy, pre-industrial level of atmospheric carbon.

    The CREATE Act of 2020 recognizes the importance of research and development of carbon capture and sequestration through direct air capture, enhanced carbon mineralization, bioenergy with carbon capture and sequestration, forest restoration, soil carbon management, and direct ocean capture. These avenues of capture and sequestration have enormous potential to remove the excess carbon dioxide from our atmosphere and restore a safe and healthy climate. We are thus thrilled at the bipartisan effort to mobilize and scale these restorative technologies. Removal of atmospheric carbon, in concert with net-zero emissions, will safeguard the planet and ensure its survival for future generations."

    (signed) Rick Parnell, CEO, Foundation for Climate Restoration (Source: Foundation for Climate Restoration, PR, Aug., 2020) Contact: Foundation for Climate Restoration, Rick Parnell, CEO, (650) 906-3016, www.f4cr.org

    More Low-Carbon Energy News Foundation for Climate Restoration,  Carbon Emissions,  CCS,  Climate Change,  


    Two Months of Arctic Wildfires, Emissions Surpass 2019 Total (Int'l.)
    Copernicus Atmosphere Monitoring Service
    Date: 2020-08-10
    The European Union's Copernicus Atmosphere Monitoring Service is reporting out-of-control wildfires north of the Arctic Circle in the Siberian Arctic covered an area larger than one-third of Canada and released more greenhouse gases in two months than all of the fires last year combined.

    "In terms of CO2, we estimate that 205 megatons of CO2 was emitted from wildfires within the Arctic Circle between June 1 and July 31 -- the annual total wildfire emissions for the Arctic Circle in 2019 were 182 megatons of CO2 -- more CO2 emissions than the annual output of Denmark, Sweden, Norway, and Finland combined. (Source: EU Copernicus Atmosphere Monitoring Service, Dhaka Monitor, 6 Aug., 2020) Contact: Copernicus Atmosphere Monitoring Service, atmosphere.copernicus.eu

    More Low-Carbon Energy News Carbon Emissions,  


    Fonterra's first wood pellet-fuelled plant will fire up in September
    Fonterra
    Date: 2020-08-10
    Fonterra is one step away from pushing the go button on its first factory to convert from coal to wood pellet energy. The dairy company’s Te Awamutu plant in the Waikato is putting the finishing touches on the $11 million power source conversion which could be used as a blueprint for its other factories around the country. It was part of the company’s move to renewable energy and to reduce emissions as it worked towards net zero carbon emissions by 2050. When fully operational the new wood pellet burner will eliminate 84,000tpy of carbon emissions and reduce Fonterra’s coal energy consumption in New Zealand by 10 per cent. (Source: Fonterra Stuff NZ, 9 Aug., 2020) Contact: Fonterra, www.fonterra.com.nz

    More Low-Carbon Energy News Fonterra news,  Wood Pellet news,  


    Husky Energy Releases 2020 Carbon Goals (Ind. Report)
    Husky Energy
    Date: 2020-08-05
    Calgary, Alberta-based Husky Energy today released its 2020 ESG Report that includs a GHG emissions intensity reduction target of 25 pct by 2025 and the company's aim to be net zero by 2050 under the Paris Climate Agreement.

    To that end, the company notes it will continue to invest in new technologies and carbon offsets and will continue its technology partnerships with Svante on carbon capture. Additionally, all Husky business units will maintain a carbon management plan, including requirements to meet or exceed our 2025 25 pct emissions intensity reduction target, and all company senior executive contracts link compensation to meeting or exceeding carbon performance requirements. (Source: Husky Energy, PR, Aug., 2020) Contact: Husky Energy; Rob Peabody, CEO, Leo Villegas, Senior Manager, Investor Relations 403-513-7817, www.huskyenergy.com

    More Low-Carbon Energy News Husky Energy,  Climate Change,  Carbon Emissions,  


    ME2C, Vistra Announce License and Supply Agreement (Ind. Report)
    Midwest Energy Emissions ,Vistra
    Date: 2020-08-05
    Corsicana, Texas-headquartered Midwest Energy Emissions Corp. (ME2C) and Irving, Texas-based electric power generator and provider Vistra Energy Corp. report the signing of a multi-year, fleet-wide license and supply agreement to provide Vistra a non-exclusive license to certain ME2C patents for use in connection with Vistra's coal-fired power plants.

    Patents licensed to Vistra relate to ME2C's two-part Sorbent Enhancement Additive (SEA®) process for mercury removal from coal-fired power plants. (Source: Midwest Energy Emissions Corp, PR, 4 Aug., 2020) Contact: ME2C, Richard MacPherson, CEO, 614-505-6115 rmacpherson@midwestemissions.com, www.midwestemissions.com; Vistra Energy Corp., Barry Boswell, www.vistracorp.com/sustainability

    More Low-Carbon Energy News Carbon Emissions,  Vistra,  Midwest Energy Emissions,  


    Boeing Releases 2020 Global Environment Report (Ind. Report)
    Boeing
    Date: 2020-08-03
    U.S. aircraft manufacturing giant Boeing has released its 2020 Global Environment Report highlighting how the company is sustainably designing and building products while conserving resources and reducing waste across its global operations. Among the reports highlights:
  • Boeing is developing new products with 15 pct to 25 pct greater efficiency, in support of the aerospace industry's goal to achieve carbon-neutral growth in 2020 and drive a 50 pct reduction in carbon emissions by 2050;

  • The company is securing more renewable energy to power operations by joining the Renewable Energy Buyers Alliance, a community of large energy buyers accelerating a zero-carbon energy future;

  • Reducing solid waste sent to landfills by 1 pct and water consumption by 7 pct since 2017, against a goal to drive a 20 pct reduction in both metrics by 2025;
  • Launching the 777 ecoDemonstrator flying test bed to assess renewable sustainable fuels and technologies;

  • The company is collaborating with external partners and local nonprofits to support environmental sustainability;

  • Boeing's fuel efficient product offerings are enabling the industry to achieve a global approach to carbon-neutral growth starting in 2020 and a 50 pct reduction in carbon emissions by 2050.

    Boeing is the world's largest aerospace company and leading provider of commercial airplanes, defense, space and security systems, and global services. (Source: Boeing, PR, CAPA, 30 July, 2020) Contact: Boeing, Greg Smith, Exec. VP of Enterprise Operations, Interim leader of Communications

    More Low-Carbon Energy News Boeing news,  Carbon Emissions news,  


  • Shell Australia Acquiring Select Carbon (Int'l. Report, M&A)
    Shell Australia
    Date: 2020-08-03
    In the Land Down Under, Perth-headquartered Shell Australia is reporting it will acquire carbon emissions offsetting specialist Select Carbon. The move is Shell's first acquisition for its nature-focused business division which invests in forests, grasslands, wetlands and other natural ecosystems around the world. The acquisition will contribute to Shell's ambition to be a net-zero emissions energy business by 2050 or sooner.

    Select Carbon partners with farmers and other landowners to develop carbon farming projects throughout Australia which aim to reduce emissions and capture CO2 while benefiting biodiversity and local communities. Carbon credits generated through Select Carbon's projects are offered through the Australian government's Emissions Reduction Fund and other markets, creating an additional revenue stream for farmers and landowners, according to the Shell release.

    Select Carbon has to date developed and manages a portfolio of over 70 projects covering 9 million hectares across various ecosystems and agricultural uses in Australia, according to the Shell release. The acquisition of Select Carbon is subject to Australian regulatory approvals and expected to close before the year end. (Source: Shell Australia, S&P, 3 Aug., 2020) Contact: Shell Australia, +61 8 9338 6600, www.shell.com.au; Select Carbon, +61 414 334 170, www.selectcarbon.com

    More Low-Carbon Energy News Carbon Farming,  Carbon Credit,  Shell Australia,  Select Carbon,  Carbon Credits,  


    World's Largest "Green" Hydrogen Project Underway (Int'l. Report)
    Green Hydrogen
    Date: 2020-07-31
    The world's largest green hydrogen project has formally kicked off in Denmark. The project is being led by Copenhagen Airport; shipping giant A.P.Moller-Maersk; transport and logistics company DSV Panalpina; shipping and logistics firm DFDS; airline SAS and Danish energy company Orsted, the City of Copenhagen with technical and management support from Boston Consulting Group (BCG) and Denmark-based international engineering, environmental science and economics consultants COWI.

    The project will establish a 1.3 GW electrolysis facility in the Greater Copenhagen area capable of generating hydrogen from water in a process that will be powered entirely with offshore wind power. The 'green' hydrogen generated by the project can be used as fuel for heavy road vehicles and/or converted into e-methanol for maritime shipping and e-kerosene for aviation fuel.

    At full capacity, the new Danish facility could reportedly reduce carbon emissions from transport by 850,000 tonnes, charting the course for green agenda leading European countries to meet the 2050 net zero emissions target. The facility is expected to open in 2023 with a 10-MW electrolysis capacity. (Source: EU, Consultancy.eu , 30 July, 2020)

    More Low-Carbon Energy News Green Hydrogen,  


    BASF Calculates CO2 Footprint of 45,000 Products (Int'l. Report)
    BASF
    Date: 2020-07-29
    German global chemicals giant BASF will provide its customers with total values of CO2 emissions -- carbon footprints -- for all of its products. The Product Carbon Footprint (PCF) comprises all product-related greenhouse gas emissions that occur until the BASF product leaves the factory gate for the customer: from the purchased raw material to the use of energy in production processes.

    BASF will start with selected product and customer segments in the coming months and plans to make PCF data available for the entire portfolio by the end of 2021.

    BASF SE is the largest chemical producer in the world. The BASF Group comprises subsidiaries and joint ventures in more than 80 countries and operates six integrated production sites and 390 other production sites in Europe, Asia, Australia, the Americas and Africa. (Source: BASF, PR, 28 July, 2020) Contact: BASF, Andreas Bode, Program Leader for Carbon Management R&D, +49 (0)621 60-0, www.basf.com

    More Low-Carbon Energy News BASF,  Carbon Emissions,  Carbon Footprint,  


    LafargeHolcim Intros ECOPact Low-Carbon Concrete (Ind. Report)
    LafargeHolcim
    Date: 2020-07-29
    Chicago-based Aggregate Industries, a member of the LafargeHolcim family of companies in the US, is reporting the introduction of the ECOPact low-carbon concrete brand in the US Mid-Atlantic and Northeast Regions.

    ECOPact is sold at a range of low-carbon levels, from 30 pct to 100 pct less carbon emissions compared to ordinary (CEM1) concrete. Up to 80 pct less carbon is achieved primarily through the use of lower CO2-intensive materials. For a fully carbon-neutral solution, the last 20 pct is reached through offsets with certified carbon projects.

    In the United States, LafargeHolcim's low-carbon products and solutions portfolio includes low-carbon concrete, low-clinker cements, recycled aggregates and services that promote sustainability. LafargeHolcim companies include close to 350 sites in 43 U.S. states. (Source: LafargeHolcim, PR, July, 2020) Contact: LafargeHolcim, Jay Moreau, CEO, US Aggregates and Construction Materials, Stephanie Sulcer, Communications, 847 716 0368, stephanie.sulcer@lafargeholcim.com, www.lafargeholcim.com

    More Low-Carbon Energy News LafargeHolcim,  Low-Carbon Cement,  Cement,  Carbon Emissions ,  


    Landsec Touting Net Zero Carbon Commercial Development (Int'l.)
    Landsec
    Date: 2020-07-29
    In the UK, London-based property developer Landsec is reporting progress in its plans for what aims to be the UK's first net zero carbon commercial building --The Forge -- a 139,000 sq ft office development in Southwark, London. The project aimes to be the first UK commercial building to meet UK Green Building Council's (UKGBC) net zero carbon buildings framework and associated energy performance targets. Landsec notes all future developments will be built to, and operate in line with, UKGBC's net zero carbon buildings framework.

    In November, Landsec became the first UK REIT to align its carbon reduction target to a 1.5 degree C pathway of global warming. The externally approved science-based target will see Landsec reduce absolute carbon emissions by 70 pct from a 2014 baseline over the next ten years aimed at becoming a net zero carbon business by 2030. Landsec is one of the largest real estate companies in Europe with a £12.8 billion portfolio spanning 24 million sq ft of retail, leisure, workspace and residential hubs, with a growing focus on London. (Source: Landsec, Pr, July, 2020) Contact: Landsec, Mark Allen, CEO, +44 (0) 20 7413 9000, enquiries@landsec.com, www.landsec.com; UKGBC, Julie Hirigoyen, info@ukgbc.org, www.ukgbc.org

    More Low-Carbon Energy News Energy Efficiency news,  UK Green Building Council news,  


    UK Carbon Emissions Negative by 2033, says National Grid (Int'l.)
    National Grid ESO
    Date: 2020-07-29
    According to a new research report from London-headquartered National Grid ESO, carbon emission from the UK's electricity systems could turn negative as early as 2033 and reach zero carbon emissions by 2050 or earlier with "immediate action across all key policy areas and technologies" -- fundamental changes for energy consumers, particularly in heating, transportation, and energy efficiency.

    National Grid expects a significant boom in renewable energy projects, an extensive rollout of electric vehicles, significant transformation and reductions in consumer energy consumption, and better energy efficiency. The report also notes the on-going Covid-19 pandemic will have an impact on the energy landscape in the future. (Source: National Grid ESO, PR, July, 2020) Contact: National Grid ESO, Mark Herring, Head of Strategy, +44 (0) 1926 65 3000, www.nationalgrideso.com

    More Low-Carbon Energy News National Grid ESO,  Carbon Emissions,  UK Carbon Emissions,  


    Notable Carbon Quote from BASF
    BASF
    Date: 2020-07-29
    "We (BASF) think activities have to focus on avoiding CO2 emissions from the start. You might wonder why we call it carbon management, rather than decarbonization, a term many people are using. The chemical industry cannot be decarbonized because chemistry means chemical transformation and this is the lifeblood of the chemical industry. Most of the important substances that we use every day consist of a high degree of carbon. We can not and should not do without carbon, but we can manage it." -- Dr. Martin Brudermuller, BASF, Chief Technology Officer. Contact: BASF, Dr. Martin Brudermuller, www.basf.com/global/en/investors/basf-at-a-glance/corporate-governance/board-of-executive-directors/dr-martin-brudermueller.html

    More Low-Carbon Energy News BASF,  Carbon Emissions,  CO2,  


    Climate Change Notable Quote from Former ExxonMobil CEO
    ExxonMobil
    Date: 2020-07-27
    "Whether or not anything we do will ultimately influence it (climate change) remains to be seen. One day we'll know the answer to that, but our ability to predict the answer to that is quite complicated." -- Rex Tillerson, Former ExxonMobil CEO, former Trump administration U.S. Sec. of State

    More Low-Carbon Energy News Carbon Emissions news,  Climate Change news,  ExxonMobil news,  


    ExxonMobil Touts Carbon Capture Material (New Prod. & Tech.)
    ExxonMobil
    Date: 2020-07-27
    Scientists from ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory have discovered a new material that could capture more than 90 pct of CO2 emissions from natural gas-fired power plants, using low-temperature steam, requiring less energy for the overall carbon capture process.

    Laboratory tests indicate the patent-pending materials -- tetraamine-functionalised metal organic frameworks -- capture CO2 emissions up to six times more effectively than conventional amine-based carbon capture technology.

    By manipulating the structure of the metal organic framework material, the team of scientists and students demonstrated the ability to condense a surface area the size of a football field, into just one gram of mass -- about the same as a paperclip -- that acts as a sponge for carbon emissions, according to the release.

    "Through collaborations with strong academic institutions and national labs like UC Berkeley and the Lawrence Berkeley National Laboratory, we are developing a portfolio of lower-emissions energy solutions. This provides yet another example of one of the many new materials ExxonMobil is researching to reduce CO2 in the production of energy," according to the release. (Source: ExxonMobil, Smart Energy, 26 July, 2020)Contact: ExxonMobil www.exxonmobil.com

    More Low-Carbon Energy News ExxonMobil,  Carbon Capture,  CCS,  


    New Zealand Emissions Projected to Rise Through 2025 (Int'l.)
    New Zealand
    Date: 2020-07-27
    In Wellington, the New Zealand Ministry for the Environment (MfE) is projecting the country's net greenhouse gas emissions will peak at 72.04 million tonnes of CO2 equivalent (Mt CO2e) in 2025 -- more than double 1990 levels.

    Although these figures do not take into account the impact of the recently-strengthened Emissions Trading Scheme, the impact of that policy is expected to be limited over the next decade -- in 2030, net emissions will be 64.01 Mt CO2e with the stronger ETS as opposed to the 66.07 Mt CO2e projected in the MfE figures. They will also be well above where they need to be for New Zealand to meet its commitment under the Paris Agreement. (Source: New Zealand Ministry for the Environment, newsroompro, 27 July, 2020) Contact: New Zealand Ministry for the Environment, www.mfe.govt.nz

    More Low-Carbon Energy News New Zealand Carbon Emissions,  Carbom Emissions,  

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