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Google's EIE to Help Cut Air Pollution, CO2 Emissions (Ind. Report)
Google
Date: 2019-10-11
Tech giant Google has announced is touting Environmental Insights Explorer (EIE)⁠, a new tool that uses Google's global mapping data to help gauge and reduce carbon emissions and measure renewable energy potential across cities.

The EIE will initially be available in Europe starting with Dublin, Birmingham, Manchester, with Wolverhampton and Coventry to follow soon. Copenhagen will get what Google is calling "hyperlocal, street-level air quality data" as part of EIE Labs, which will help streamline and optimize action against climate change by piloting climate-focused datasets. Dublin has already been utilizing the new tool to help track emissions from transportation modes.

Review EIE details HERE. (Source: Google, Oct., 2019) Contact: Google EIE Lab, insights.sustainability.google/labs

More Low-Carbon Energy News Carbon Emissions,  CO2,  Transportation Emissions,  Vehicle Emissions,  

More Low-Carbon Energy News Carbon Emissions,  CO2,  Transportation Emissions,  Vehicle Emissions,  


Viesgo Commissions 24-MW Spanish Wind Farm (Int'l. Report)
Viesgo
Date: 2019-10-11
Madrid-headquartered power producer and distributor Viesgo Infraestructuras Energeticas SL is reporting the commissioning of its 24-MW El Marquesado onshore wind farm in the town of Puerto Real in the province of Cadiz, Spain.

The €23 million ($25.3 million) facility incorporate seven 3.45 MW wind turbines. The company's Spanish wind portfolio includes 23 wind farms in Spain and Portugal. (Source: Viesgo, Renewables, Oct., 2019) Contact: Viesgo, +942 24 60 00, www.viesgo.com

More Low-Carbon Energy News Viesgo ,  Wind,  


Tobacco Giant PMI Aiming for 2030 Carbon Neutrality (Int'l)
Philip Morris Int'l.
Date: 2019-10-11
Lausanne, Switzerland-based diversified international tobacco industry giant Philip Morris International Inc. (PMI) reports it aims to have all of its manufacturing facilities worldwide become carbon neutral by 2030.

At its first carbon neutral plant in Klaipeda, Lithuania, PMI implemented multiple projects to optimize its energy usage and reduce carbon emissions: upgrading utilities equipment, such as chillers and compressors, and facilitating heat recovery to optimize fuel use for heating purposes; installing a biomass boiler; procuring certified renewable electricity and offsetting natural gas carbon emissions with biogas certificates. To offset the remaining carbon emissions, PMI invested in Gold Standard certificates from climate protection initiatives.

PMI is also pursuing initiatives to address the pressing climate challenge beyond its operations. For example, it is working with farmers and suppliers across its tobacco supply chain to lower the greenhouse gas emissions in the tobacco curing process by 70 percent by 2020 (vs. 2010) and to achieve zero-net deforestation of natural forest by 2025. PMI has also set and committed to science-based targets -- greenhouse gas emissions levels that science acknowledges as tolerable for the planet -- and to go beyond these in its operations by aiming for carbon neutrality by 2030.

Among its diversified portfolio, Philip Morris purchased General Foods Corp. in 1985 for $5.7 billion and Kraft Inc. in 1989 for $13 billion. Despite its move into foods, Philip Morris' tobacco business reportedly still accounts for 65 pct of its operating profit and 40 pct of its operating revenue.(Source: Philip Morris International, PR, 10 Oct., 2019} Contact: Philip Morris Int'l., Huub Savelkouls , Chief Sustainability Officer, +41 (0)58 242 5502, www.pmi.com/sustainability, www.pmi.com, www.pmiscience.com

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


Tennet's Touts £14Mn Anaerobic Digestion Biogas Project (Int'l)
Tennant's
Date: 2019-10-11
Glasgow-based beer maker Tennent’s, Scotland's oldest brewery, is reporting a £14 million investment in green initiatives, including anaerobic digestion (AD) facilities for the production of usable biogas for power at its Wellpark Brewery.

With the goal of becoming carbon neutral by 2025, Tennent's has become the first brewer to join the UK Plastics Pact which intends to ban single-use plastic used in packaging by 2021. (Source: Tennent's, Drinks Business, Various Media, 10 Oct., 2019) Contact: Tennent's, +44 141 552 6552, www.tennents.com

More Low-Carbon Energy News Biogas,  Anaerobic Digestion,  


Velocys, Oxy Agree On Woody Biomass-to-Fuels CCS (Ind. Report)
Velocys,Bayou Fuels
Date: 2019-10-11
UK-headquartered landfill gas-to-liquid fuels and chemicals producer Velocys Plc and its subsidiary Velocys, Inc. is reporting an agreement with Occidental Petroleum subsidiary Oxy Low Carbon Ventures, LLC (Oxy) under which Oxy will capture and store CO2 from Velocys' planned Bayou Fuels waste woody biomass-to-fuels project in Natchez, Mississippi.

According to OXY, it is uniquely positioned to transport and store the CO2 by leveraging Occidental's industry leadership in CO2 storage and utilization for enhanced oil recobery (EOR). (Source: Velocys, gasworld, 19 Oct., 2019)Contact: Velocys Plc, David Pummell, CEO, +44 1235 841 700, (713) 275-5840 -- Houston Office, info@velocys.com, www.velocys.com; Oxy Low Carbon Ventures LLC, www.oxy.com

More Low-Carbon Energy News Velocys,  Biofuel,  Biorefinery,  Waste-to-Fuel,  Bayou Fuels,  


Lyonsdale Biomass Facility Demolition Behind Schedule (Ind Report)
ReEnergy
Date: 2019-10-09
Following up on our March 13th report of the closure of ReEnergy's former 22-mw woody biomass-to-electricity facility due to the loss of a contract to sell renewable energy certificates (RECs) to the New York State Energy and Research Development Authority (NYSERDA), the 46-acre site and plant are still not completely demolished in preparation for the hand-over to the area development authority.

ReEnergy was recently granted an extension until Dec. 31 for completing the demolition and site cleanup, transferring the property and paying $22,000 in lieu of taxes. Two solar companies and a company that uses the pyrolysis high temperature process to turn wood into other products, have reportedly shown interest in the property.

ReEnergy owns and operates a biomass facility in Fort Drum, New York. (Source: Watertown Daily, NNY360, 7 Oct., 2019) Contact: ReEnergy Holdings, Sarah Boggess, Communications and Governmental Affairs, (518) 810-0200, sboggess@reenergyholdings.com, www.reenergyholdings.com

More Low-Carbon Energy News ReEnergy,  Lyonsdale,  Biomass,  Woody Biomass,  


Targray Opens Antwerp Biodiesel Fuel Terminal (Int'l. Report)
Targay
Date: 2019-10-09
Kirkland, Quebec-headquartered international biodiesel marketer and distributor Targray is reporting the opening of its Antwerp Biodiesel Terminal, a 24/7 biofuel storage and blending center serving fuel producers, distributors, traders and retailers Europe-wide.

The opening comes as EU fuel suppliers seek to meet sustainability targets for two key European Commission (EC) directives -- the Fuel Quality Directive (FQD) and the Renewable Energy Directive (RED). The FQD requires a reduction of the greenhouse gas intensity of transport fuels in the EU by a minimum of 6 pct while the RED sets a 20 pct target for renewable energy and a 10 pct target for renewable energy in transport by the end of 2020. (Source: Targray, PR, EIN, 8 Oct., 2019) Contact: Targray, Olivier Benny, (514) 695-8095, www.targray.com

More Low-Carbon Energy News Targay,  Biodiesel,  


Tour Operator Paying Self-Imposed $1Mn Carbon Tax (Ind.Report)
Rick Steves
Date: 2019-10-09
Popular U.S. tour and travel guide operator Rick Steves reports his company plans to donate $1 million directly to non-profits that work in the developing world countries that bear the worst effects of climate change. The donation is based on the recommended $30 carbon offset credit for every round-trip economy class ticket from the US to Europe.

He is particularly keen about organizations that attack the problem at a policy level. (Source: Rick Steves Travel, Quarts, 5 Oct., 2019) Contact: Rick Steves Travel, www.ricksteves.com

More Low-Carbon Energy News Carbon Emissions,  CO2,  Climate Change,  


MHI Vestas to Power French Floating Offshore Wind Project (Int'l)
MHI Vestas
Date: 2019-10-09
Wind turbine manufacturer MHI Vestas Offshore Wind reports it has signed a preferred supplier agreement to supply turbines for the €230 million ($252.6 million), 28.5-MW Groix & Belle-Ile pilot floating wind project off the French coast.

MHI Vestas will provide three of its V164-9.5MW machines that will be used instead of the initially planned 6-MW General Electric turbines.

Project participants include CGN Europe Energy, la Banque des Territoires and French renewables firm Eolfi. (Source: MHI Vestas, Renewables, Oct., 2019) Contact: MHI Vestas, Philippe Kavafyan, CEO, +45 97 30 00 00, vestas@vestas.com, www.vestas.com

More Low-Carbon Energy News MHI Vestas,  Floating Wind,  


Acciona Bidding on Nordex Acquisition (Int'l Report, M&A)
Acciona,Nordex
Date: 2019-10-09
Madrid-based Spanish renewable energy major Acciona Energia is reportedly biding on the acquisition of German wind turbine manufacturer Nordex which is valued at roughly €1 billion ($1.2 billion). Acciona, which presently holds a stake in Nordex, earlier this week agreed to participate in a €99 million capital increase by Nordex. The increase will increase Acciona's stake to 36.27 pct -- above the 30 pct level that triggers a mandatory takeover bid under German law.

Acciona reportedly would offer €10.32 per Nordex share, valuing the German company at €1.1 billion after the capital increase, according to Reuters. (Source: Acciona, Reuters, 8 Oct., 2019)Contact: ACCIONA Energia, www.acciona-energia.com; Nordex Group, Felix Losada, +49 40 300 30 1000, +49 40 300 30 1101, flosada@nordex-online.com, www.nordex.com

More Low-Carbon Energy News Acciona,  Wind,  Nordex,  


350-MW Foard City Texas Wind Farm Now Online (Ind. Report)
Vistra Energy, Innergex Renewable Energy
Date: 2019-10-09
Longueuil, Quebec-based Innergex Renewable Energy Inc. reports its 350.3-MW Foard City, Texas wind farm has begun commercial operation. The 139 GE wind turbine project benefits from a 12-year PPA with Vistra Energy for 300 MW of the wind farms total installed capacity, with the remainder to be sold at merchant market price. (Source: Innergex Renewable Energy, Oct., 2019) Contact: Innergex Renewable Energy, Jean Trudel, (450) 926-2550, www.innergex.com, info@innergex.com; Vistra Energy, Curtis Morgan, CEO, www.vistraenergy.com

More Low-Carbon Energy News Vistra Energy,  Wind,  Innergex Renewable Energy,  


Qatar Commissions Region's Largest CCS Facility (Int'l. Report)
Qatar
Date: 2019-10-09
In Qatar, the Ministery of State for Energy Affairs reports the commissioning of a previously unannounced carbon capture and storage (CCS) facility aimed at storing as much as 5 million tonnes of carbon from Qatar's liquefied natural gas (LNG) facilities by 2025.

According to the Ministry announcement, the 2.1 million tpy capacity facility is the region's largest such facility. (Source: Qatar Ministery of State for Energy Affairs, The Peninsula, Reuters, 8 Oct., 2019) Contact: Qatar Minister of State for Energy Affairs, www.gco.gov.qa › ministries › minister-of-state-for-energy-affairs

More Low-Carbon Energy News CCS,  Carbon Capture,  CO2,  Qatar,  


GE Renewable, Google Ink Swedish Wind Parm PPA (Int'l Report)
GE Renewable Energy,WindSpace A/S,
Date: 2019-10-07
GE Renewable Energy is reporting a PPA with Google under which it will sell the majority of the energy generated by the Bjorkvattnet Onshore wind farm 290 miles north of Stockholm, to Google beginning in late 2020. The power will supply Google's data centers in the region.

The Bjorkvattnet onshore wind farm has a generating capacity of 175 MW -- sufficient power 175,000 homes in Sweden.

The project was developed by Vindparken and WindSpace. GE Renewable Energy provided development support, offtake solutions, technical and commercial optimization and equity syndication expertise. The wind facility was acquired by InfraVia European Fund IV, managed by InfraVia Capital. (Source: GE Renewable Energy, Commercial Property Exec., 3 Oct., 2019)Contact: GE Renewable Energy, www.ge.com/renewableenergy

More Low-Carbon Energy News GE Renewable Energy,  Wind,  


Climate Change Mitigation Technologies in Europe (Ind. Report)
UNEP
Date: 2019-10-07
"In October 2014, the European Union committed to reduce greenhouse gas emissions by at least 40 pct by 2030 compared to 1990 levels. This represents a significant challenge, which can only be met through the development and deployment of new climate change mitigation technologies (CCMTs)."

The attached UNEP study analyses the position of Europe in the global race to develop new CCMTs, using data on patent applications, trade in CCMT capital goods, foreign direct investment in CCMTs, climate change policy stringency, carbon emissions and public expenditure on CCMT research and development activities, to investigate inventive and associated economic activity in CCMTs in Europe, according to the UNEP study introduction.

Download the full UNEP, EPO report HERE. (Source: UNEP, Oct., 2019) Contact: UNEP, www.unep.org, www.epo.org

More Low-Carbon Energy News UNEP,  Climate Change,  Climate Change Mitigation,  


UK Park Stresses Peatland's Role in Climate Change Fight (Int'l.)
Exmoor,Carbon Sequestration
Date: 2019-10-07
In the UK, the Exmoor National Park Authority has this week declared a climate emergency and agreed to work towards being a carbon neutral Authority by 2030. The Authority also agreed to sign on to the Devon Climate Declaration, alongside 25 other organizations, and to join forces with both Devon and Somerset County Councils to formulate carbon plans that meet or exceed Intergovernmental Panel on Climate Change (IPCC) targets.

The Exmooor National Park Authority noted it has already cut its carbon emissions by 30 pct by: improving energy efficiency within Authority-owned buildings; installing renewable energy along with a scheme to facilitate installation of 73 new renewable energy systems in local communities, farms and houses across Exmoor; the restoration of nearly 2,500 hectares of peatland in the National Park through the Exmoor Mires Partnership, with plans to extend this to at least 3,000 hectares.

Peatlands are the UK's single most important terrestrial carbon store, containing 20 times more carbon than all UK forests. A functioning bog absorbs around 0.87 tpy of carbon per hectare year while dry peatland releases CO2 -- degraded peat in England is emitting an estimated 11 million tpy of CO2. (Source: Exmoor National Park Authority, Somerset County Gazette, 6 Oct., 2019) Contact: Exmoor National Park Authority, +44 1398 323665, www.exmoor-nationalpark.gov.uk

More Low-Carbon Energy News Peatland,  CO2,  Carbon Sequestrartion,  Carbon Emissions,  Carbon Sequestration,  


Schneider Pursuing, Delivering Net-Zero CO2 Emissions (Ind. Report)
Schneider Electric
Date: 2019-10-07
Global energy management and automation specialist Schneider Electric reports 13 of its buildings globally are now "net-zero carbon" -- carbon neutral through a combination of its Energy Sustainability Services (ESS, )EcoStruxure and digital energy management solutions as enablers to operate with net- zero CO2 emissions.

Schneider Electric aims to drastically cut CO2 emissions from its operations, following a 1.5 degree C trajectory in line with Science-Based Targets. To that end, Schneider Electric reduced CO2 emissions by 130,000 tonnes, a 22 pct decrease (2018 compared to 2017) in just one year.

Schneider Electric has adopted the World Green Building Council's definition of "net-zero carbon buildings" as a building that is highly energy efficient and fully powered from on-site and/or off-site renewable energy sources, to achieve net-zero carbon emissions annually in operation.

Schneider Electric has delivered over 30 pct energy savings globally over the past 10 years since the start of its Schneider Energy Action energy efficiency program. In addition, as of October 2019, 45 pct of Schneider Electric's operations are powered with renewable electricity. (Source: Schneider Electric, PR, voltimum, 6 Oct., 2019)Contact: Schneider Electric, Kakali Ray, VP Sales, www.schneider-electric.us

More Low-Carbon Energy News Energy Efficiency,  Renewable Energy,  Schneider Electric,  Net-Zero Carbon,  Carbon Emissions ,  


Greek Infrastructure Fund to Invest in Energy Efficiency (Int'l.)
European Investment Bank
Date: 2019-10-04
The European Investment Bank (EIB) has announced a new Greek Infrastructure Fund with €450 million plus the participation of the country's four systemic banks to support high-priority sustainability and energy efficiency projects worth at least €650 million.

The Infrastructure Fund is a joint initiative by the Greek Finance Ministry and the EIB, aimed at bankrolling renewable energy projects and bolstering new investments aimed at improving the energy efficiency of public and private buildings. The Infrastructure Fund will use national resources in combination with European structural and investment funds. (Source: EIB, ekathimerini.com, 1 Oct., 2019) Contact: European Investment Bank, www.eib.org

More Low-Carbon Energy News Energy Efficiency,  European Investment Bank ,  


Equinor Offloads 25 pct Stake in German Offshore Wind Farm (Int'l)
Equinor, RWE Renewables
Date: 2019-10-04
In Oslo, Equinor is reporting it will sell a 25 pct stake in the Arkona Offshore wind farm in the German Baltic Sea to funds advised by Credit Suisse Energy Infrastructure Partners for roughly €500 million ($547.85 million). Equinor will retain a 25 pct stake.

The 385MW Arkona Offhore wind farm is operated by RWE Renewables, which holds a 50 pct stake in the wind farm. (Source: Equinor, Reuters, 3 Oct., 2019)Contact: Equinor, Pal Eitrheim, VP New Energy Solutions, www.equinor.com; RWE Renewables, ww.rwe.com

More Low-Carbon Energy News RWE Renewables,  Equinor ,  Offshore Wind,  


SkyNRG Touts Sustainable Aviation Fuel Programme (Ind. Report)
SkyNRG
Date: 2019-10-04
Amsterdam-based aviation biofuel specialist SkyNRG reports the launch of its Board Now programme that allow companies to reduce their business air travel emissions while contributing to the development of a new sustainable aviation fuel (SAF) production facility.

By signing up to Board Now, organizations will commit to the purchase of SAF for a period of five years. Investment made through the programme will be used by SkyNRG to cover the price difference between SAF and conventional jet fuel. The renewable fuel will be produced by Europe's first dedicated 100,000 tpy SAF production plant in Delfzijl, the Netherlands. (Source: SkyNRG, PR, Biofuels Int'l, 3 Oct., 2019) Contact: SkyNRG, Maarten van Dijk, Director, Merel Laroy, +31 6 3083 3505, merel@skynrg.com, www.skynrg.com

More Low-Carbon Energy News Sustainable Aviation Fuel,  SkyNRG,  Aviation Biofuel,  


OMV, AustroCel Hallein Seal Austrian Cellulosic Ethanol Deal (Int'l)
AustroCel Hallein, OMV
Date: 2019-10-04
Vienna, Austria-headquartered oil and gas company OMV and AustroCel Hallein GmbH are reporting a multi-year agreement under which AustroCel will supply cellulosic "advanced" bioethanol derived from woody biomass -- spruce sawmill waste -- to OMV.

AustroCel Hallein is committed to the cascading use of resources: High-purity cellulose is produced from spruce, which comes from the sawmill industry as scrap; this cellulose is predominantly processed in Asia to make fibres for textile applications.

AustroCel is constructing Austria's first advanced bioethanol production facility in Hallein. The €42 million bioethanol plant is expected to begin production early in 2021. Source: AustroCel Hallein GmbH, Hydrocarbon Engineering, 3 Oct., 2019) Contact: AustroCel Hallein GmbH, Jorge Harbring, CEO, +43 6245 8900, www.austrocel.com; OMV, www.omv.com

More Low-Carbon Energy News Ethanol.Bioethanol,  


Global Bioenergies Advancing ISOPROD Project (Int'l. Report)
Global Bioenergies
Date: 2019-10-04
Further to our 8th February coverage, Evry, France-based Global Bioenergies will soon be receiving €2.6 million and IBN-One €500,000 in the form of repayable advances, following last July's achievement of a technical and financial milestone in the isobutene (ISOPROD) project funded by the French Environment and Energy Management Agency (ADEME), which involves Global Bioenergies, Cristal Union cooperative sugar group and L'Oreal around the IBN-One first plant project.

Global Bioenergies and Cristal Union created the IBN-One joint venture which was granted a license on Global Bioenergies' process and its planned construction and operation of the first commercial-scale renewable isobutene plant in France.

Global Bioenergies' conversion process is based on fermentation for renewable resources -- residual sugars, agricultural and forestry waste -- into isobutene, one of the petrochemical building blocks that can be converted into ingredients for gasoline, kerosene, LPG and plastics. (Source: Global Bioenergies, Green Car Congress, 3 Oct., 2019) Contact: Global Bioenergies, Marc Delcourt, CEO, +33 (0 )1 64 98 20 50, www.global-bioenergies.com; ADEME, www.ademe.fr; Crystal Union, www.cristal-union.fr

More Low-Carbon Energy News Global Bioenergies,  ADEME,  Bioenergy,  Isobutene ,  


YouGov Surveys UK Business Decarbonization Plans (Int'l Report)
Carbon
Date: 2019-10-02
A recent survey of climate change attitudes by the UK-based global research firm YouGov has found that roughly 46 pct of UK businesses plan to be 'carbon neutral' by 2030, while a further 8 pct have already met their neutral emissions goals

The survey of 502 senior business people found 1 in 10 said their company is already carbon neutral, and 14 pct said it will be in the next year. However, a third said they have no plans at all to become carbon neutral, despite 92 pct agreeing the climate is changing due to human activity.

The businesses surveyed included firms from the accounting, agriculture, hospitality, travel, education, and construction sectors. On average, smaller firms were more likely to have no carbon reduction plan at all. (Source: YouGov., Business Green, Oct., 2019) Contact: YouGov, www.yougov.co.uk

More Low-Carbon Energy News YouGov,  Carbon Neutral,  Carbon Neutrality,  


Glennmont Snares 211-MW Finnish Wind Project (Int'l., M&A)
Glennmont Partners ,Ilmatar Energy
Date: 2019-10-02
London-based fund manager Glennmont Partners is reporting acquisition of the shovel-ready 211.4-MW "Piiparinmaki" wind project in central Finland from Helsinki-headquartered Ilmatar Energy Ltd. Project construction is slated to get underway this month.

The 41 Vestas turbine deal was handled through Glennmont's €850-million ($926.6 million) Clean Energy Fund III. The purchase price was not revealed. (Source: Glenmont, Renewables, 1 Oct., 2019) Contact: Ilmatar Energy Ltd., info@ilmatarwind.fi www.ilmatar.fi; Glennmont Partners, www.glennmont.com

More Low-Carbon Energy News Glennmont Partners ,  Wind,  Ilmatar Energy,  


Andersons, Marathon Pet. Merge Ethanol Interests (Ind. Report, M&A)
The Andersons, Marathon Petroleum
Date: 2019-10-02
In the Buckeye State, Maumee-based The Andersons, Inc. reports it and Marathon Petroleum Corporation have merged four ethanol entities with and into the new legal entity The Andersons Marathon Holdings LLC (TAMH) -- 50.1 pct Marathon and 49.9 pct The Andersons.

The merge includes ethanol facilities in Albion, Mich.; Clymers, Ind.; and Greenville, Ohio, which were all previously jointly owned by The Andersons and Marathon Petroleum; and The Andersons' wholly-owned ethanol facility in Denison, Iowa. Under the merger, The Andersons will continue to operate the four plants. The merged entities combined debt has been refinanced under a new $200 million TAMH credit facility, according to the release (Source: The Andersons, Inc., PR, 2 Oct., 2019) Contact: The Andersons, www.andersonsinc.com

More Low-Carbon Energy News The Andersons,  Marathon Petroleum,  Ethanol ,  


Diamond Green Diesel Plans $1.1Bn Expansion (Ind. Report)
Diamond Green Diesel
Date: 2019-10-02
Honeywell is reporting the Valero Energy and Darling Ingredients joint venture Diamond Green Diesel facility in Norco, Louisiana, will invest $1.1 billion to expand its annual production capacity of renewable diesel using Honeywell UOP's Ecofining™ process technology to meet growing demand for renewable fuels in North America and Europe.

Producing 275 million gpy of Honeywell Green Diesel™, Diamond Green Diesel is the largest commercial advanced biofuel facility in the US. The expansion, which will increase the facility's annual production by nearly 150 pct to 675 million gpy, will also produce about 60 million gpy of renewable naphtha when completed and operational in late 2021.

Diamond Green Diesel's product is a qualified Advanced Biofuel under the US EPA Renewable Fuel Standard (RFS). (Source: Honeywell, Hydrocarbon Engineering, Oct., 2019) Contact: Diamond Green Diesel, sales@diamondgreendiesel.com, www.diamondgreendiesel.com; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com; Darling Ingedients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Honeywell UOP, Bryan Glover, VP Petrochemicals & Refining Technologies, www,uop.com

More Low-Carbon Energy News Honeywell UOP,  Diamond Green Diesel,  Renewable Diesel,  Valero,  Green Diesel,  Darling Ingedients,  


RWE Aiming for Climate Neutrality by 2040 (Int'l. Report)
RWE AG
Date: 2019-10-02
Bloomberg is reporting the German utility giant RWE AG is aiming to cut carbon emissions by 70 pct by 2030 compared with 2012 levels and become climate neutral by 2040.

To that end, the utility is decommissioning its last remaining coal-fired power plant in the UK next year, converting two other coal-fired power plants in the Netherlands into biomass facilities, and shuttering six remaining German coal-fired power plants by 2038. (Source: RWE AG, Carbon Brief, 1 Oct., 2019) Contact: RWE AG, Rolf Martin Schmitz, CEO, www.rwe.com

More Low-Carbon Energy News RWE AG,  Coal,  Carbon Emissions,  Carbon Neutral,  


German Carbon Tax Expected to Raise €19Bn by 2023 (Int'l.)
German Carbon Tax
Date: 2019-10-02
In Berlin, the German Finance Minister Olaf Scholz reports the government expects its €10 per ton CO2 pricing starting in 2021 in the buildings and transport sectors will bring in €18.8 billion by 2023 for its Climate Action Package, according to the German business publication Handelsblatt.

The Climate Action Package is an economic plan for the country's Energy and Climate Fund, which is expected to grow from €6.1 billion this year to €11.75 billion in 2023. Revenues from the European trade of CO2 allowances in energy and industry (EU ETS) are expected to raise an additional €14 billion. The Climate Action Package is intended to put the country on track to meet its 2030 climate targets. (Source: Handelsblatt, Clean Energy Wire, Other Media, 1 Oct., 2019) Contact: German Finance Minister, Olaf Scholz, www.bundesfinanzministerium.de

More Low-Carbon Energy News EU ETS,  German Carbon Tax,  Carbon Tax,  


Air France Touts Climate Impact Reduction Plans (Int'l. Report)
Air France
Date: 2019-10-02
In an effort to counteract its climate impact, French carrier Air France reports it will offset 100 pct of the carbon emissions of its 500-odd daily internal flights by 2020, finance projects that support tree planting, forest protection and the global shift to low-carbon energy. The airline will also ban single-use plastics such as cutlery from local flights as from January, 2020, and start separating and recycling waste from October.

The airline industry's carbon emissions, which at 285 grammes of CO2 emitted per kilometre travelled by each passenger, far exceed all other modes of transport, according to the European Environment Agency. Heavy duty transportation -- freight trucking, shipping and aviation -- represent more then 10 pct of global greenhouse gas emissions, says the World Resources Institute, a research body. (Source: Air France, AFP, The Local, 1 Oct., 2019)

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


Maine Governor Calls for Carbon Neutrality by 2045 (Ind. Report)
Maine
Date: 2019-09-30
Maine Governor Janet Mills (D) announced the signing of an executive order committing the Pine Tree State to carbon neutrality by 2045.

The Governor's executive order requires the Maine Climate Council to provide recommendations no later than Dec. 1, 2020, on ways to achieve a carbon neutral economy in Maine by 2045. Under the order, the Maine state Department of Environmental Protection will develop a framework for accounting and tracking progress on greenhouse gas reduction, and reporting on such progress every other year. he order also directs that all actions taken to achieve carbon neutrality must grow Maine's economy and protect natural resources. (Source: Office of Gov. Janet Mills, The Ellsworth American, 25 Sept., 2019)Contact: Office of Gov. Janet Mills, www.maine.gov › governor › mills

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


Infosys Lauded with UN Global Climate Action Award (Int'l. Report)
Infosys,UN Climate Change Secretariat
Date: 2019-09-30
The Indian business technology consultancy Infosys reports it has been awarded the United Nations Global Climate Action Award in the "Carbon Neutral Now", making it the only Indian corporate to be recognized for its efforts to combat climate change.

In 2011, Infosys committed to become carbon neutral through an accelerated plan focusing on energy efficiency, renewable energy, and offsetting carbon emissions.

The UN Global Climate Action Awards are organized by the Momentum for Change initiative of the UN Climate Change Secretariat. (Source: Infosys, Economic Times, 29 Sept., 2019) Contact: UN Climate Change Secretariat, www.unfccc.int; Infosys, www.infosys.com

More Low-Carbon Energy News UNFCCC,  Infosys,  Carbon Emissions,  Carbon Neutral,  Climate Change,  


EIA Annual Energy Outlook 2019 -- Projections to 2050 (Ind. Report)
US EIA
Date: 2019-09-30
According to the recently released U.S. Energy Information Administration's (EIA) Annual Energy Outlook 2019 -- Projections to 2050 report, despite renewable energy investment more than tripling globally during the current decade compared to the last 10-year period, most of the power delivered to the world's electric grids during the recent decade was from coal -- still the world's largest source of electricity, providing 38 pct of world electrical generation in 2018, about the same as 1997.

The world spent about $2.6 trillion on renewable energy projects during the decade, over three times the amount spent from 2000 to 2009. Solar PV investments totaled around $1.3 trillion, and onshore and offshore wind investment totaled around $1 trillion. Globally, solar energy capacity increased by 638 GW between 2009 and 2019, while coal-fired capacity increased by 529 GW, wind capacity increased 487 GW, and natural gas capacity increased 436 GW. In 2018, $41 billion was invested in coal worldwide.

China's spending on renewable electricity was the highest in the world at $758 billion from 2000 to the first half of 2019. The US was second with $356 billion, followed by Japan at $202 billion. The European nations spent around $698 billion on wind, solar, and other renewable energy sources, with Germany and the UK spending the most. It is expected that 330 GW of new wind power capacity will come online over the next five years, driven primarily by onshore wind power projects in the US and China. Investments in renewable power capacity in 2018, however, dropped 38 pct in China and by 6 pct in the US, while rising 45 pct in Europe.

The report predicts that electric power demand for coal will fall to 17 pct of total generation by 2050. Moody's Investors Service predicts coal will represent 11 pct of total U.S. power generation by 2030 -- down from 27 pct in 2018. The over 50 pct drop in coal demand from utilities by 2030 implies that coal demand would decline by about 7 pct per year on average over the next 10 years.

Download the US EIA Annual Energy Outlook 2019 -- Projections to 2050 report HERE. (Source: US EIA, Sept., 2019) Contact: US EIA, www.eia.gov

More Low-Carbon Energy News Coal,  Renewable Energy,  US EIA,  


Glasgow Targets Carbon Neutrality by 2030 (Int'l. Report)
Carbon Emissions
Date: 2019-09-30
In Scotland, the port city of Glasgow (pop. 600,000 +-) on the River Clyde reports it is aiming to achieve carbon neutrality by 2030 -- seven years ahead of the city's initial net-zero emissions plan. The goal of carbon neutrality follows a key recommendation made by the city's Climate Emergency Working Group as part of efforts in tackling climate change.

In May, the city of Glasgow followed the city of Edinburgh in declaring a climate emergency. (Source: City of Glasgow, Clyde 1, 26 Sept., 2019) Contact: City of Glasgow, www.nrscotland.gov.uk/files/statistics/council-area-data-sheets/glasgow-city-council-profile.html

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


Pittsburgh Launches High Performance Building Center (Ind. Report)
Green Building Alliance
Date: 2019-09-30
The Green Building Alliance (GBA)T and the UN Economic Council on Europe (UNECE) are reporting an agreement to establish the city of Pittsburgh's International Center of Excellence on High Performance Buildings.

The center will focus on making improvements to the built environment through UNECE's Framework Guidelines for Energy Efficiency Standards in Buildings. It will work with global sustainability experts to identify and employ best practices for sustainable building design, construction and policy, and will conduct training programs for architects, engineers, planners and contractors on sustainable design and construction. The center will also provide technical and innovation assistance, and advocate for changes in local and state policies such as building codes, zoning incentives and energy regulations.

Pittsburgh is the second city in the world to participate in the program, following New York's Building Energy Exchange. (Source: Green Building Alliance, Smart Cities, Pittsburgh2030 District, Contact: Pittsburgh2030 District, Jenna Cramer, Exec. Dir., pittsburgh@2030districts.org, www.2030districts.org/pittsburgh; Green Building Alliance, (412) 773-6000, www.go-gba.org

More Low-Carbon Energy News Green Building Alliance,  Energy Efficiency,  


European Energy Efficient Mortgage in Planning Stage (Ind. Report)
Energy Efficiency
Date: 2019-09-27
Meeting in Brussels, the European Mortgage Industry -- including 47 key lending institutions, 17 national, European and International authorities and relevant market stakeholders -- is reportedly preparing to launch an Energy Efficient Mortgages Initiative (EEMI) pilot and are mobilizing European and global mortgage markets with a view to channeling private financing to "green" the building stock in the EU and beyond.

The Energy Efficient Mortgages Action Plan (EeMAP) Initiative -- led by the European Mortgage Federation-European Covered Bond Council (EMF-ECBC), Ca' Foscari University of Venice, RICS, the Europe Regional Network of the World Green Building Council, E.ON and SAFE Goethe University Frankfurt -- aims to create an energy efficient mortgage through which home purchasers are incentivized to improve the energy efficiency of their building or acquire an already energy efficient property by way of favourable conditions linked to the mortgage.

The assumption is that energy efficiency has a risk mitigation effect for banks as a result of the impact on a borrower's ability to service his/her loan and on the value of the property, a correlation which the EeMAP Initiative will seek to substantiate. (Source: Energy Efficient Mortgages Initiative, 26 Sept., 2019) Contact: Energy Efficient Mortgages Initiative Luca Bertalot, Energy Efficient Mortgages Initiative Coordinator , +32 2 285 4035, lbertalot@hypo.org , www.energyefficientmortgages.eu

More Low-Carbon Energy News Energy Efficiency,  


$350Mn Support for Energy Storage Announced (Int'l. Funding)
Climate Investment Fund
Date: 2019-09-27
The World Bank is reporting several European states have committed to bankroll various World Bank clean energy initiatives in support of renewable energy-- energy storage projects in middle-income and developing countries.

The funding comes as part of the Climate Investment Funds Global Energy Storage Program's Energy Storage Partnership aimed at financing 17.5GWh of battery storage by 2025 -- over triple the 4-5GWh installed across all developing countries. The program is expected to support middle-income and developing countries as they increase their use of renewables, improve energy security, grid stability and expand electricity access.

In addition to the UK's £200 million commitment, France and the Netherlands pledged US$55 million and US$44 million respectively for the development of solar in Sub-Saharan Africa.(Source: World Bank, Energy Storage, 24 Sept., 2019)Contact: Climate Investment Fund, www.climateinvestmentfunds.org

More Low-Carbon Energy News Solar,  Energy Storage,  Climate Investment Fund,  


Arlington Updates Community Energy, Efficiency Plan (Ind. Report)
Arlington County
Date: 2019-09-27
In the Old Dominion State, Arlington County (pop. 235,000 +-) reports it has updated its Community Energy Plan to incorporate goals for carbon neutrality by 2050; increased building energy efficiency and a 38 pct drop in building energy consumption; greater building resilience; increased reliance on renewable energy; a move to efficient and low-emissions transportation; and other related initiatives.

The policy targets 50 pct renewable electricity for government operations by 2022 and 100 pct by 2025, rising to 100 pct renewable electricity by 2035.

The energy plan has specific targets for reducing the amount of per capita carbon produced each decade through 2050. The County also will produce a plan to transition away from internal combustion engines and increase the use of alternative and public transportation. (Source: Arlington Connection, 25 Sept., 2019)Contact: Arlington County, www.arlingtonva.us

More Low-Carbon Energy News Energy Management,  Energy Efficiency,  


Biomass Residues to Fischer-Tropsch Products Validated (Ind Report)
Fischer-Tropsch
Date: 2019-09-27
The EU news agency CORDIS is reporting production of biofuel by gasification of biomass residues has been successfully validated in the EU's COMSYN project in September. The process performance was verified with bark in an 80 hour-long test run by the Helsinki-headquartered VTT Technical Research Centre of Finland Ltd (VTT) -- the project coordinator.

The syngas conversion to Fischer-Tropsch (FT) products was conducted by Karlsruhe, Germany-based IneraTec GmbH. The test studied and verified the performance of the gas cleaning train and the entire synthesis process with real wood-derived gasification gas. (Source: CORDIS, EU COMSYN Project, 26 Sept., 2019) Contact: EU COMDYN Project, www.comsynproject.eu; VTT Technical Research Centre, Nils-Olof Nylund, +358 400 703 715, nils.olof.nylund@vtt.fi, www.vttresearch.com; IneraTec GmbH, +49 721 86484460, www.ineratec.de

More Low-Carbon Energy News Syngas,  COMSYN,  VTT,  Fischer-Tropsch,  Syngas,  


"No Climate Emergency" says CLINTEL (Opinions, Editorials & Asides)
CLINTEL
Date: 2019-09-27
Previously this wekk in New York, the newly launched Netherlands-based Climate Intelligence Foundation (CLINTEL), a global network of 500 prominent climate deniers, scientists and professionals, declared "there is no climate emergency" to UN Secretary General Antonio Guterres.

Professor Guus Berkhout of The Netherlands, who organized the Declaration, said: "So popular is the Declaration with scientists and researchers worldwide that signatories are flooding in not only from within Europe but also from other countries such as the United States and Canada, Australia and New Zealand."

The group warns the U.N. that "the general-circulation models of climate on which international policy is at present founded are unfit for their purpose" and that the "models which have predicted far more warming than they should are not remotely plausible as policy tools in that in that they ... exaggerate the effect of greenhouse gases such as CO2 and ignore the fact that enriching the atmosphere with CO2 is beneficial."

The CLINTEL letter invites the Secretary-General to work with the CLINTEL global network to organize a constructive, high-level meeting between world-class scientists on both sides of the climate debate in early 2020. (Source: CLINTEL, Sept., 2019) Contact: CLINTEL, Professor Guus Berkhout, +31 651214 737 guus.berkhout@clintel.org, www.clintel.org

More Low-Carbon Energy News Climate Change,  CLINTEL,  


Pittsburgh Firms Support Methane Emissions Ruductions (Ind. Report)
Equitrans Midstream Corporation
Date: 2019-09-27
In the Steel City, Equitrans Midstream Corp. (ETRN) and EQM Midstream Partners LP (EQM) have come out in support of the US oil and gas industry's ongoing efforts to reduce methane emissions and therefore oppose the US EPA's proposed rollback of methane regulations.

The EPA's April 2019 inventory report showed total methane emissions are down 15.8 pct since 1990 -- insufficient to achieve regulatory compliance on methane emissions in order to address the global impacts of climate change.

ETRN and EQM currently utilize various methane mitigation methods across their operations and are evaluating additional enhancement and mitigation efforts, such as: expansion of the Leak Detection and Repair (LDAR) programme; pneumatic controller upgrades; re-compression of pipeline gas prior to maintenance procedures; and upgrading existing stations with air or electric starts.

ETRN is a member of the Environmental Partnership -- a voluntary reduction programme offered through the American Petroleum Institute (API) and the ONE Future Coalition of natural gas companies working together to voluntarily reduce methane emissions across the natural gas supply chain to 1 pct pct. (Source: ETRN, PR, Sept., 2019) Contact: Equitrans Midstream Corporation, Diana Charletta , Pres., CEO, www.equitransmidstream.com; EQM Midstream Partners, www.eqm-midstreampartners.com

More Low-Carbon Energy News Methane,  EPA,  


TechnipFMC, BTG-BTL Plan Swedish Bio-oil Facility (Int'l. Report)
BTG-BTL,TechnipFMC
Date: 2019-09-27
In the Netherlands, BTG-BTL reports it has teamed up with TechnipFMC to design and construct a production facility in Sweden to convert wood residues such as sawdust into bio-oil which will then be processed into a transportation biofuel for blending with other fuels.

The facility will use pyrolysis technology to process approximately 35,000-40,000 tpy of wood residues into oil. The end fuel product will European REDII directive compliant.

TechnipFMC and BTG-BTL have already been awarded an order to construct a similar production facility in Finland, with the option to extend to four. Construction of the facility is scheduled to begin in 2019, with production slated for 2021. (Source: BTG-BTL, Biofuels Int'l, 26 Sept., 2019) Contact: BTG Bioliquids BV, +31 (0 )53 486 2287, office@btg-btl.com, www.btg-btl.com; TechnipFMC, +31 (0)79 3293 600, tpbenelux@technipfmc.com, www.technipfmc.com

More Low-Carbon Energy News BTG-BTL,  TechnipFMC,  Bio-oil,  Biofuel,  


DTE Energy Aims for Carbon Neutrality by 2050 (Ind. Report)
DTE Energy
Date: 2019-09-27
In the Motor City, DTE Energy reports it is committing to achieve net carbon neutrality by the year 2050. To that end, the Detroit utility plans to work on carbon capture and sequestration CCS), energy storage storage technologies, and even "advanced modular nuclear" technology, according to DTE COO Trevor Lauer. (Source: DTE, Michigan NPR, 26 Sept., 2019)Contact: DTE Energy, Trevor Lauer, Pres., COO, Irene Dimitry, VP Business Planning & Development, (313) 235-9994, dimitryi@dteenergy.com, www2.dteenergy.com

More Low-Carbon Energy News DTE Energy,  Carbon Neutral ,  


Global Carbon Credits Index Launched in UK (Int'l Report)
IHS Markit, Climate Finance Partners
Date: 2019-09-27
London, UK-headquartered information and analytics provider IHS Markit reports the launch of its Global Carbon Index, the first benchmark for the global price of carbon credits.

The Index tracks the performance of the largest, most liquid and most accessible tradable carbon markets -- the European Union Emission Trading System (EU ETS), the California Cap-and-Trade Program, and the Regional Greenhouse Gas Initiative (RGGI). The index is calculated using OPIS data and carbon credit futures pricing in those markets.

The IHS Markit Global Carbon Index was developed in consultation with Climate Finance Partners, a specialist in climate finance. IHS Markit is also well known for its daily OPIS Carbon Market Report, national carbon policies database and for developing industry standard methodologies for greenhouse gas accounting and disclosures. Its research and expertise on carbon policy impact, low-carbon and cleantech technologies and carbon risk management guide companies in energy, petrochemical, automotive, shipping, agriculture and other sectors critical to the global economy. (Source: IHS Markit , 25 Sept., 2019) Contact: IHS Markit, www.ihsmarkit.com

More Low-Carbon Energy News RGGI,  EU ETS,  IHS Markit Carbon Market,  Carbon Credit,  


Alberta Univ. Reports Renewable Jet Biofuel R&D (Ind. Report, R&D)
University of Alberta, Forge Hydrocarbon
Date: 2019-09-27
Prof. Dr. David Bressler, researcher at the University of Alberta reports development of a hydrocarbon fuel from lipid wastes that could allow renewable biofuels to be used as jet fuel.

Unlike ethanol and other biofuels, this technology can use lower quality oils in its production, allowing it to not only release an estimated 85 pct less carbon emissions than petroleum-based fuels, according to Bressler.

Bressler's lab is considering two options for producing jet biofuel -- a low-risk approach which requires giving their hydrocarbon biofuel another treatment and adding in hydrogen or to continue work on already partially developed chemistry which would keep the fuel stable, even at lower temperatures.

The University of Alberta spin-off company Forge Hydrocarbons is working on commercializing the product as airlines and both the Canadian and American militaries are increasingly investing in the renewable option. Currently, Forge runs a pilot plant near Edmonton's Waste Management Centre that is expected to produce around 19 million lpy of biofuel. (Source: University of Alberta, 26 Sept., 2019) Contact: University of Alberta in the Faculty of Agricultural, Life & Environmental Sciences, Prof. Dr. David Bressler, 780-492-4986, dbressle@ualberta.ca, www.ualberta.ca; Forge Hydrocarbons, 905-815-7786, thaig@forgehc.com, www.forgehc.com

More Low-Carbon Energy News Jet Biofuel,  Forge Hydrocarbons,  


Stora Enso Addresses Construction CO2 Emissions (Int'l. Report)
Stora Enso
Date: 2019-09-25
In Stockholm, Stora Enso reports it is participating in the World Green Building Week, the largest annual and global communication campaign on sustainable buildings organized by the World Green Building Council (WorldGBC).

Stora Enso develops and produces solutions based on wood and biomass for a range of industries and applications worldwide, leading in the bioeconomy and supporting our customers in meeting demand for renewable eco-friendly products.

"Stora Enso has helped us lead the change towards a building sector that meets the decarbonization goals of the Paris Agreement, addressing both operational and embodied emissions. As a campaign ambassador and advocate for new policies such as the EU's 'Level(s)' framework that seek to mainstream life-cycle assessment, they are evidence to politicians that the sector is ready to deliver net zero carbon," according to James Drinkwater, Director of WorldGBC's Europe Regional Network.

Carbon dioxide emissions from construction materials -- mostly cement and steel -- account for approximately 11 pct of all global emissions. Stora Enso has also supported the creation of the WorldGBC's Bringing embodied carbon upfront report that highlights the importance of emissions from materials.

The World Green Building Council (WGBC) is the world's largest international organisation promoting the practice of sustainable building. Stora Enso Wood Products joined WGBC in 2017. (Source: Stora Enso, PR, 24 Sept., 2019) Contact: Stora Enso Wood Products Div., Jari Suominen, Div. Head, +43-664-6183907, jari.suominen@stroaenso.com, www.storaenso.com; World Green Building Council, James Drinkwater, www.worldgbc.org

More Low-Carbon Energy News Woody Biomass,  Building Sustainability,  ,  Stora Enso,  World Green Building Council,  


Kuehne + Nagel Aiming for CO2 Neutral Transport from 2020 (Int'l)
Kuehne + Nagel
Date: 2019-09-25
Schindellegi, Switzerland-based global transport and logistics specialist Kuehne + Nagel reports it is proactively addressing the CO2 footprint of the transportation services performed by its suppliers -- airlines, shipping lines and haulage companies -- and will make all less-than-container-load (LCL) shipments CO2 neutral from 2020 onwards. The firm is aiming for comprehensive CO2 neutralisation (Scope 3 of the Greenhouse Gas Protocol) by 2030.

To that end, Kuehne + Nagel's Net Zero Carbon programme leverages three fields of action: detection, reduction and compensation of CO2. The company has started its own nature projects in Myanmar and New Zealand and has invested in various nature-based CO2 compensation projects, where carbon is being taken from the atmosphere. The emission credits obtained are in accordance with the highest international standards.

Over the past years, Kuehne + Nagel has considerably reduced its own CO2 footprint and will continue to pursue its efforts. (Source: Kuehne + Nagel, Logistics & Materials Handling, 24 Sept., 2019) Contact: Kuehne + Nagel, Dr. Detlef Trefzger, CEO, www.home.kuehne-nagel.com

More Low-Carbon Energy News Kuehne + Nagel ,  Carbon Emissions,  CO2,  Transportation Emissions,  


OGCI Invests in Norsepower's Rotor Sail Wind Power (Ind. Report)
Norsepower Oy Ltd
Date: 2019-09-25
Helsinki-headquartered Norsepower Oy Ltd is reporting OGCI Climate Investments has led an €8 million investment round in Norsepower. The new dunds will be used to scale up production and commercialization of low maintenance, software operated, data verified auxiliary Rotor Sail wind energy propulsion systems for ships.

Norsepower's Rotor Sail technology, which can be installed on new vessels or retrofitted on existing ships, is a modernized version of the Flettner rotor -- a spinning cylinder that uses the Magnus effect to harness wind to propel a ship. The solution is fully automated and senses whenever the wind is strong enough to deliver fuel savings, at which point the rotors start automatically. Since its establishment in November 2012, Norsepower has raised more than $24 million of funding since its founding in 2012. (Source: OGCI Climate Investments, 23 Sept., 2019) Contact: OGCI Climate Investments, Pratima Rangarajan, CEO, www.oilandgasclimateinitiative.com; Norsepower Oy Ltd., Tuomas Riski, CEO, +358 50 3305732, www.norsepower.com

More Low-Carbon Energy News Norsepower Oy ,  Wind,  


AIB Announces Plans To Finance "Green" Commercial Buildings.
AIB
Date: 2019-09-25
In Dublin, the Allied Irish Bank (AIB) reports it plans to place €5 billion in "green" commercial building loans over the next five years.

The AIB "green" loans were previously available only to residential homeowners wishing to finance energy efficiency upgrades and similar improvements. However, AIB CEO Colin Hunt says they're now extending the green fund to businesses: (Source: AIB, KFM, 24 Sept., 2019) Contact: AIB, Colin Hunt, CEO, +44 011 353 1 771 2424, www.aib.ie

More Low-Carbon Energy News AIB,  Green Building,  


Senvion Negotiating Asset Sale to Siemens Gamesa (Int'l Report)
Senvion , Siemens Gamesa
Date: 2019-09-25
Hamburg, Germany-based bankrupt wind turbine manufacturer Senvion reports it is in talks with Siemens Gamesa over the sale of a substantial part of its business.

Senvion, which is in self-administration after declaring insolvent in April, plans to reach a final agreement on certain services and onshore assets in Europe by the end of the month. The agreement on exclusive talks is consistent with insolvency plans adopted by the creditors' assembly on Sept. 11 and was also approved unanimously by Senvion's creditors' committee, the company added. (Source: Senvion, 16 Sept., 2019) Contact: Senvion, Jurgen Geissinger, CEO, +49 40 5 55 50 90 0, www.senvion.com

More Low-Carbon Energy News Senvion,  Wind Turbine,  Wind,  Siemens Gamesa,  


EU Fossil Fuels Subsidy Growth Worth Noting (Int'l., Funding)
European Union
Date: 2019-09-25
"European governments often appear to champion low-carbon policies. Yet, In 2017, European Union countries collectively spent $87 billion subsidizing the cost of fossil fuels -- at a time when the world needs to act to stop climate change. The 2017 amount is nearly 2.5 times more than they spent in 2010." (Source: pressenza, Radek Stefanski, Senior Lecturer in Economics, University of St Andrews, 24 Sept., 2019)

More Low-Carbon Energy News European Union,  Fossil Fuel Subsidies,  


Banks Use PCAF to Track Investment Carbon Footprints (Ind. Report)
Partnership for Carbon Accounting Financials
Date: 2019-09-25
In the EU, more than 50 banks and other financial institutions representing nearly $3 trillion in assets are reporting they will assess and disclose the impact their loans and investments will have on climate change through the Partnership for Carbon Accounting Financials (PCAF), an industry-wide effort to standardize how companies measure the carbon footprints of their investments.

PCAF is a global partnership of financial institutions that work together to develop and implement a harmonized approach to assess and disclose the GHG emissions associated with their loans and investments. PCAF enables transparency and accountability and will develop an open-source global carbon accounting standard for financial institutions, according to a Reuters report. (Source: PCAF, euronews, Reuters, 23 Sept., 2019) Contact: Partnership for Carbon Accounting Financials, Giel Linthorst, Executive Director, +31 6 1136 6935, info@carbonaccountingfinancials.com, www.carbonaccountingfinancials.com

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

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