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Cutting Emissions to Lessen Climate Change Would Yield Dramatic Health Benefits, says NASA (Ind. Report)
NASA
Date: 2021-12-08
According to new research from the NASA Goddard Institute for Space Studies, Duke University and Columbia University, air quality improvements resulting from a worldwide reduction in greenhouse gas emissions would dramatically benefit human health and prevent economic losses,

The World Health Organization (WHO) projects that heat exposure from increased temperatures will be the largest health impact of climate change. Simultaneously, burning fossil fuels emit air pollutants, such as sulfur and nitrogen oxides linked to premature death and respiratory illnesses, including asthma. One of these pollutants, nitrogen dioxide, in turn produces ozone pollution harmful for human health.

The research shows reducing global emissions over the next 50 years to meet the goal of the Paris Agreement to keep global warming under 2 degrees C through the end of the century would prevent about 4.5 million premature deaths, 1.4 million hospitalizations and emergency room visits, 300 million lost workdays, 1.7 million incidences of dementia, and 440 million tons of crop losses in the United States. Roughly two-thirds of those benefits would be realized even if only the United States reduced emissions.

The research team analyzed how emissions might affect public health in different U.S. states, focusing on scenarios that limit global warming to 1.5 degrees C. Premature deaths from ground-level ozone and microscopic airborne pollutants known as PM2.5 declined in nearly all regions of the country by 2030.

The benefits of reduced heat exposure took longer to realize -- per capita premature heat exposure deaths declined most strongly from the Pacific Northwest through the upper Midwest but this happened by 2070 rather than 2030, for example. Across the US, by 2070, heat exposure is expected to cause twice as many deaths as air pollution.

The projections use updated public health datasets and rely in part on a computer model developed at the NASA Goddard Institute for Space Studies in New York City to simulate fluctuations in air pollution and heat exposure. They also rely on modelling to account for potential demographic and economic changes around the world -- including population growth and urbanization -- and the pace and effects of those changes over the next 70 years. (Source: NASA, Website, 30 Nov., 2021) Contact: NASA, Drew Shindell, www.giss.nasa.gov/staff/dshindell; WHO, www.who.int

More Low-Carbon Energy News WHO,  NASA,  Climate Change,  Carbon Emissions,  


International Paper's Carbon Targets SBTi Approved (Ind. Report)
International Paper, SBTi
Date: 2021-12-06
Memphis, Tenn.-based International Paper is reporting its greenhouse gas reduction targets have been approved by Science Based Targets initiative (SBTi) as consistent with levels required to meet the goals of the Paris Agreement. The targets covering greenhouse gas emissions from International Paper's operations (scopes 1 and 2) are consistent with reductions required to keep warming to well-below 2 degrees C. Additionally, International Paper's target for the emissions from its value chain (scope 3) meet the SBTi's criteria for ambitious value chain goals, meaning they are in line with current best practice.

The company has committed to achieving the following goals by 2030:

  • Healthy & Abundant Forests -- Lead forest stewardship efforts globally;

  • Sustainable Operations -- Improve our climate impact and advance water stewardship;

  • Renewable Solutions -- Accelerate the transition to a low-carbon economy through innovative fiber-based products;

  • Each goal includes one to three specific, measurable targets -- enabling the company to commitments to reduce greenhouse gas emissions by 35 pct from 2019 levels, to reduce water usage by 25 pct and to create innovative products that are 100 pct reusable, recyclable or compostable.

    SBTi helps companies establish science-based targets to reduce greenhouse gas emissions and transform business operations to fit the future low-carbon economy. Targets adopted by companies to reduce greenhouse gas (GHG) emissions are considered to be "science based" if they are in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement -- to limit global warming to well below 2 degrees C above pre-industrial levels and pursue efforts to limit warming to 1.5 degrees C. SBTi is a collaboration between CDP, United Nations Global Compact, World Resources Institute , World Wide Fund for Nature , and one of the We Mean Business Coalition commitments. (Source: International Paper, PR, Dec., 2021) Contact: International Paper, www.internationalpaper.com; SBTi, www.sciencebasedtargets.org

    More Low-Carbon Energy News International Paper,  SBTi,  Carbon Emissions,  Paris Climate Agreement,  


  • 2028 Energy Efficient Devices Market Valued $1.7Bn (Ind. Report)
    Emergen Research
    Date: 2021-11-29
    The global energy efficient devices market size is expected to reach $1,771.70 billion in 2028 at a CAGR of 12.5 pct during the forecast period. Increasing focus and initiatives taken to reduce carbon footprint to mitigate climate change is a key factor driving growth of market. Increasing rate of global warming, rising concerns regarding climate change, rapid depletion of natural energy resources, and increasing need to minimize energy consumption have been boosting adoption of energy efficient devices and this is expected to drive market growth over the forecast period, the report notes.

    Manufacturers are offering more green gadgets to cater to growing consumer demand for energy-saving products to protect the environment and save money. Research and development to develop more energy-efficient devices, rapid urbanization, and increasing disposable income are key factors expected to drive adoption of energy-efficient devices and solutions worldwide. In addition, increasing volatility in oil prices, fuel shortages, and rapid shift towards utilization of renewable energy sources are other key factors driving revenue growth of market. Adoption of renewable energy resources to reduce greenhouse gas emissions to mitigate climate change has been surging over the last couple of decades. Stringent government regulations regarding carbon emissions and energy consumption has been boosting demand for energy efficient device across industrial and manufacturing sectors. This is expected to further fuel market growth over the forecast period.

    However, lack of awareness about energy-efficient devices is a key factor expected to restrain market growth to an extent over the forecast period. in addition, high initial costs associated with deployment of energy efficient devices and solutions is expected to hamper adoption of such products to a significant extent over the forecast period, according to the report.

    Report details at www.emergenresearch.com/industry-report/energy-efficient-devices-market. (Source: Emergen Research, Nov., 2021) Contact: Emergen Research, www.emergenresearch.com

    More Low-Carbon Energy News Energy Efficiency news,  


    China Accounts for 31 pct of Global CO2 Emissions (Int'l.)
    Global Carbon Project
    Date: 2021-11-05
    According to a Global Carbon Project 2021 report, China, which recovered more quickly from the economic consequences of the pandemic than the rest of the world, was responsible for 31 pct of CO2 emissions in 2020. If 2021 trends continue, a further increase in global emissions in 2022 cannot be ruled out, especially if road traffic and air traffic return to their pre-pandemic levels and coal consumption remains stable. The energy sector and industry are responsible for the sharp rise in CO2 emissions in China, according to the report.

    Globally, CO2 emissions from fossil fuels fell by 5.4 pct in 2020 because of the Corona measures. However, the new report forecasts a 4.9 pct increase this year. Emissions from coal use are projected to be above 2019 levels in 2021, but still below the 2014 peak. Natural gas use emissions are also projected to rise above 2019 levels in 2021, continuing an upward trend that has persisted for at least 60 years. Only CO2 emissions from petroleum will remain well below 2019 levels in 2021.

    The Global Carbon Project forecasts a 7.6 pct increase in EU greenhouse gas emissions in 2021 compared to 2020, which would leave emissions 4.2 pct lower than in 2019. The People's Republic of China has already been responsible for 25 pct of global CO2 emissions since 2007.

    To have a 50 pct chance of stopping global warming at 1.5 degrees, humanity's remaining global CO2 budget has shrunk to 420 billion metric tons, according to the Global Carbon Project, and would be depleted in 11 years if CO2 emissions remain at 2021 levels, according to the report. (Source: Global Carbon Project, Munich Eye, 5 Nov., 2021) Contact: Global Carbon Project, +61-2-6246 5631, info@globalcarbonproject.org, www.globalcarbonproject.org

    More Low-Carbon Energy News Global Carbon Project,  Carbon Emissions,  GHGs,  CO2,  


    Vattenfall Aims for Net-Zero Emissions by 2040 (Int'l. Report)
    Vattenfall
    Date: 2021-11-05
    Stockholm-headquartered wind energy giant Vattenfall is reporting plans to further increase its emissions reduction targets for 2030 and beyond, aiming to reach net-zero by 2040. The new targets are set to help keep the global warming at a maximum of 1.5 degrees Celsius and have been approved by the Science Based Targets initiative (SBTi), providing external validation in line with the latest climate science research. To that end, Vattenfall has committed to:
  • phase out coal from all operations by switching the last two coal-fired heat assets, Moabit and Reuter West in Berlin, to a combination of biomass, heat pumps, power-to-heat, and natural gas;

  • add four times the capacity of wind and solar to the grid compared to what Vattenfall has now in operations;

  • help partners and society to electrify industrial processes, including in steel, cement, heavy transport, chemicals, and more, enabling emissions reductions beyond Vattenfall's own value chain, and;

  • have 25 times as many electric charging points in operation, compared to 2020.

    Vattenfall has also committed to being net-zero along its full value chain in 2040, meaning that in 2040, the company's steeper decarbonisation trajectory will have continued and all CO2 emissions from the whole value chain, including emissions from suppliers and customers, will either have been eliminated or offset via negative emissions. Vattenfall's new emission reduction targets:

  • reduce emissions intensity in the company's operations (Scope 1+2) by more than 77 pct by 2030 compared to 2017 (SBTi approved);

  • reduce absolute emissions from use of sold products (Scope 3) by 33 pct by 2030 compared to 2017 (SBTi approved), and:

  • reach net-zero emissions by 2040.

    (Source: Group Vattenfall, Website PR, 2 Nov., 2021) Contact: Vattenfall, www.group.vattenfall.com

    More Low-Carbon Energy News Vattenfall,  Net-Zero Emissions,  CO2,  


  • GSA Seeks Building GHG Reduction Technologies (Ind. Report)
    GSA
    Date: 2021-10-29
    In Washington, he U.S. Department of Energy (DOE) and the General Services Administration (GSA) are calling for a request for information (RFI) to identify "evaluation ready" and adaptable technologies that help reduce greenhouse gas emissions from commercial buildings. This RFI covers three broad categories:
  • High-Performance/Low-Carbon Building Technologies and Solutions -- Technologies of interest include electrification of major building loads; larger scale and integrated heat pump systems, retrofit heat recovery systems, electrification of major loads, and building envelope retrofits.

  • Onsite Energy Generation and Storage Systems -- Technologies of interest include building-integrated photovoltaics, high-efficiency PV, solutions to better integrate PV and storage into building management systems, solar and geothermal, on-site distributed wind, and hydrogen fuel cells.

  • Carbon Reducing or Capture -- Technologies of interest include on-site carbon capture for fuel-fired processes and technologies that use next-generation, low, or no global warming potential refrigerants.

    December 7, 2021 is the deadline for response. Download the RFI details HERE . (Source: US DOE Office of Energy Efficiency & Renewable Energy , General Services Administration, 28 Oct., 2021) Contact: GSA, gpg@gsa.gov, www.gsa.gov

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


  • DOE Awards $3.7Mn to GE for Grid Decarbonization (Funding)
    General Electric,DOE Advanced Research Projects Agency-Energy
    Date: 2021-10-27
    GE reports receipt of $3.7 million in funding from the U.S. DOE Advanced Research Projects Agency-Energy (ARPA-E) for two related projects to help accelerate the decarbonization of the U.S. electrical grid.

    The first award of $2.3 million to GE's Grid Solutions business relates to the development of a sulfur hexafluoride (SF6)-free 245 kilovolt (kV) dead tank circuit-breaker. The new circuit-breaker will use GE's g3 gas insulating and switching technology, which has a global warming potential that is 99 pct less compared with SF62, to deliver the same high performance as a traditional SF6 circuit-breaker. As g3 products have the same dimensions as SF6 equipment, there is no increase in emissions during the manufacturing process from additional material.

    The second award of $1.4 million to GE Research Center is part of a $2.7 million project led by the University of Connecticut focused on the life cycle management of g3 products, mainly gas leakages and by-product detection, capture and monitoring tools. Details on GE's g3 are HERE .

    According to ARPA-E Associate Director for Technology Dr. Isik Kizilyalli, "SF6 is a significantly more potent greenhouse gas than carbon dioxide and can remain in the atmosphere for up to 3,200 years. ARPA-E anticipates any technology developed to replace SF6 could have a significant and widespread global impact as countries look to reduce, regulate, or eliminate SF6 emissions from their electrical grids." (Source: GE , Website Release, 27 Oct., 2021) Contact: GE Grid Solutions, www.gegridsolutions.com; GE, www.ge.com; ARPA.E, ARPA-E@hq.doe.gov, www.arpa-e.energy.gov

    More Low-Carbon Energy News DOE Advanced Research Projects Agency-Energy,  ARPA-E,  


    Vattenfall Quadrupling Renewables Capacity in GHG Emissions Reduction Plan (Int'l. Report))
    Vattenfall, SBTi
    Date: 2021-10-15
    In Sweden, Stockholm-based wind energy giant Vattenfall reports it is increasing its emission reduction targets for 2030 and beyond, aiming to reach net zero by 2040. The new targets are set to help keep the global warming at a maximum of 1.5 degrees C -- as per the Paris Climate Agreement -- and have been approved by the Science Based Targets initiative (SBTi). To that end, Vattenfall aims to:
  • phase out coal from all operations by switching the last two coal-fired heat assets, Moabit and Reuter West in Berlin, to a combination of biomass, heat pumps, power-to-heat, and natural gas;

  • add four times the capacity of wind and solar to the grid compared to what the company has now in operations;

  • help partners and society to electrify industrial processes, including in steel, cement, heavy transport, chemicals, and more, enabling emissions reductions beyond Vattenfall's own value chain, and have 25 times as many electric charging points in operation, compared to 2020;

  • committed to being net-zero along its full value chain in 2040.

    According to Vattenfall's Annika Ramskold, Head of Sustainability, "Phasing out coal represents the next phase of our decarbonisation journey: we've gone from more than 22 million tons of CO2 in 2017 to about 12 million tons in 2020, and these new investments will give us a flexible, future-proof portfolio of assets that will reduce emissions to under 6 million tons in 2030 and will contribute to net zero operations by 2040." (Source: Vattenfall, Website PR, Oct., 2021) Contact: Vattenfall, Anna Borg, Pres., CEO, +46 (0)76-769 56 07. www.group.vattenfall.com; SBTi, www.sciencebasedtargets.org

    More Low-Carbon Energy News SBTi,  Vattenfall,  Wind,  Carbon Emissions,  


  • Veolia Brazilian Landfill Biogas Valorisation Underway (Int'l.)
    Veolia
    Date: 2021-10-13
    In the UK, Veolia reports it is bringing three new thermoelectric power plants on stream at three Brazilian sanitary landfill sites. These three units will produce 12,400 kW of renewable electricity -- sufficient to meet the electricity and heating needs of a city of around 42,000 Brazilians, according to the release. Veolia is also focusing on the valorisation of this energy resource to increase the share of renewable energy in the electricity mix and thus reduce greenhouse gas emissions.

    More environmentally friendly than fossil fuels for electricity production, biogas contributes significantly to the mitigation of climate change by:

  • Reducing the GHG through proper destruction of the methane (gas highly contributing to global warming, 28 times CO2) generated by the waste;

  • Replacing fossil fuels for power generation with renewable electricity produced on site, thus avoiding their extraction and burning.

    By 2021, the biogas capture on Veolia's landfills in Brazil will avoid 45,000 tons of methane into the atmosphere, which is about 1.26 million tons of CO2 equivalent, traded as CERs. (Source: Veolia, Website, PR, 8 Oct., 2021) Contact: Veolia, + 33 1 85 57 84 76 / 84 80, investor-relations@veolia.com, www.Veolia.com

    More Low-Carbon Energy News Veolia,  Biogas,  Carbon Emissions,  


  • Nacero Launches NEON™ RNG Platform (Ind. Report)
    Nacero
    Date: 2021-10-06
    In the Lone Star State, Houston-headquartered Nacero Inc. is reporting the launch of its renewable natural gas (RNG) acquisition platform Nacero NEON™ -- a strategic growth engine for production of Nacero Green Gasoline™ an affordable net-zero carbon footprint gasoline for everyday drivers.

    Nacero is currently in negotiations with dairies, landfills, and food waste facilities for production of Nacero Green Gasoline™ from its flagship Penwell, West Texas facility that is scheduled to break ground in early 2022 and commence operations in 2025.

    "Methane is 80x more harmful over a 20-year period than CO2. A significant amount of global warming is caused by fugitive and flared methane from farms, landfills, and wastewater facilities but only a small amount of this resource is captured and put to beneficial use as an everyday fuel. Nacero will make a real difference by using this feedstock to make its net-zero Nacero Green GasolineTM, connecting America's RNG potential with the multi-hundred-billion-dollar per year gasoline market. The Company will prioritize a new wave of projects in key markets across Texas, the Midwest, and Southeastern United States" according to the release. (Source: Nacero, Website Release, 29 Sept., 2021) Contact: Nacero Inc., Jay McKenna, Pres., CEO, info@nacero.co, www.nacero.co

    More Low-Carbon Energy News Nacero news,  RNG news,  


    John Kerry Comments on Climate Change Progress -- Notable Quote

    Date: 2021-10-04
    “This is the decisive decade.

    The bottom line is, folks, as we stand here today, we believe we can make enormous progress in Glasgow, moving rapidly towards the new goals that the science is telling us we must achieve. All countries have to sprint and join together to understand that we are all in this together.” -- U.S. special climate envoy John Kerry

    Kerry believes "enormous progress" could be made at an upcoming U.N. climate summit in Scotland to reduce carbon emission levels if more governments must come up with concrete commitments, • The summit aims to limit global warming to 1.5 degrees Celsius and reduce carbon emissions 45 pct within 10 years. • Kerry said that countries representing 55% of the world's gross domestic product submitted plans that hit the 1.5 degrees target. But, but, but: The sum of all 191 pledges as they are written would increase emissions by 16% by 2030, according to Kerry. The American diplomat also noted that the 89 new submissions would only cut emissions by 12%. (Source: AP, 3 Oct., 2021)


    Ireland's Ballinagree Wind Farm Prepares Planning App.(Int'l.)
    Coillte Renewable Energy , Orsted
    Date: 2021-09-03
    Irish state-owned forestry business Coillte Renewable Energy and Danish wind energy giant Orsted report they will submit a planning application for the proposed Ballinagree Wind Farm in Co. Cork to An Bord Pleanala -- the state regulatory board -- in the coming weeks. The two firms recently acquired the projects from Brookfield's Irish operations.

    The project incorporates 20 wind turbines with a proposed overall blade tip height of up to 185 metres to be constructed on Coillte land and that of 16 local landowners.

    To help tackle global warming, the The government of Ireland is committed to generating 70 pct of the country's electricity from renewable sources by 2030, which requires an additional 4,000MW of onshore wind to be developed. (Source: Coillte Renewable Energy, PR, Website, Sept., 2021) Contact: Coillte Renewable Energy , +18 903 67378, www.coillte.ie; Orsted, www.orsted.com

    More Low-Carbon Energy News Coillte Renewable Energy,  Orsted,  Wind ,  


    Survey Finds Interest in Farm Carbon Capture Low (Ind. Report)
    Corte Agriscience
    Date: 2021-09-03
    A recent Corte Agriscience survey of 600 row-crop farmers in the U.S. notes that farmers say they need a subsidy of $40 per acre to adopt carbon-capture technology to curb global warming. Sixty-six per cent of the farmers surveyed said they have already implemented soil health practices such as using cover crops and/or reduced tillage that would qualify them to enroll in most carbon programs. Even so, participation in carbon-capture programs remains low. With 72 pct of respondents aware of carbon offerings, only 3 pct are enrolled in a carbon sequestration program.

    According to the survey, "Many farmers indicate that they would consider a carbon program if the payout per acre reached $20; however, it isn't until the payout per acre would reach an estimated $40 that the majority said they would commit to participation in a program." (Source: Corte Agriscience, Sept., 2021) Contact: Corte Agriscience, Ben Gordon, portfolio lead for Carbon Ecosystems and Services, (833) 267-8382, www.corteva.com

    More Low-Carbon Energy News Carbon Capture,  Carbon Crops,  Carbon Credit,  


    IPCC Issues Dire Climate Change Report (Editorials & Asides)
    IPCC
    Date: 2021-08-11
    The United Nations Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report addresses the most up-to-date physical understanding of the climate system and climate change.

    The assessment, after considering the latest advances in climate science and multiple lines of evidence from paleoclimate, observations, process understanding, and global and regional climate simulations, warns dangerous global warming of 1.5C to 2C will be exceeded before the end of the century unless deep cuts in CO2 and other greenhouse gas emissions are made.

    The IPCC was created to provide policymakers with regular scientific assessments on climate change, its implications and potential future risks, and to identify adaptation and mitigation options.

    The IPCC does not conduct its own research. IPCC reports are neutral, policy-relevant but not policy-prescriptive and are a key input into the international negotiations to tackle climate change.

    Download The Technical Summary (TS), the full Report Chapters, the Annexes and the Supplementary Materials which remain subject to revisions following the SPM approval HERE. (Source: IPCC, 9 Aug., 2021) Contact: IPCC, www.ipcc.ch

    More Low-Carbon Energy News IPCC,  Climate Change,  


    JinkoSolar Modules LCA Certifified by TUV Rheinland China (Int'l.)
    JinkoSolar
    Date: 2021-08-09
    Shangrao, China-headquartered global solar energy specialist JinkoSolar Holding Co., Ltd. reports it has received the first PV module LCA (Life Cycle Assessment) certificate in the Greater China region issued by TUV Rheinland (China) Ltd. The LCA certified modules are monocrystalline mainstream modules, with a total of 6 series and 43 sub-models.

    The LCA certificate issued by TUV Rheinland is an important foundation for the Italian EPD certification. Based on the requirements of ISO 14040/ISO 14044, it adopts a life cycle assessment method focusing on environmental impact such as global warming potential, from raw material mining to the production of silicon wafers, cells, modules, upstream and downstream transportation, power station construction, operation and maintenance to final dismantling and disposal, and comprehensively evaluates and demonstrates multiple environmental impacts of JinkoSolar's photovoltaic products throughout their life cycle index.

    Combining the world's carbon neutrality commitments and China's domestic 30/60 decarbonization goal, this certification can help companies fulfill their pledges on carbon emissions reduction through recognizing product low-carbon design, optimized energy management systems, and energy efficiency improvements, social responsibility for emissions and ecological impact, and achieve the ultimate goals of energy-saving and emissions reduction.

    JinkoSolar has 9 production facilities and 22 subsidiaries globally and a vertically integrated solar product value chain, with an integrated annual capacity of 22 GW for mono wafers, 11.5 GW for solar cells, and 31 GW for solar modules, as of March 31, 2021. (Source: JinkoSolar Holding Co., Ltd., PR, 9 Aug., 2021) Contact: JinkoSolar Holding Co., Ltd., Kangping Chen, CEO, Stella Wang, +86 21-5180-8777 ext.7806 pr@jinkosolar.com, www.jinkosdolar.com; TUV Rheinland, www.tuv.com

    More Low-Carbon Energy News JinkoSolar,  PV Modules,  TUV Rheinland,  


    Israel Aims to Cut GHGs by 27 pct by 2030 (Int'l. Report)
    Isreal Carbon Emissions
    Date: 2021-08-02
    In Tel Aviv, the Israel Environmental Protection Ministry has submitted updated targets for cuts to Israel's global warming gas (GHG) emissions to the United Nations Framework Convention on Climate Change (UNFCCC).

    The targets commit the state to slashing economy-wide net global warming gas (GHG) emissions by 27 pct by 2030 and 85 pct by 2050, relative to 2015. In quantitative terms, this means cutting emissions from 79 metric tons of carbon dioxide equivalent in 2015 to 58 MtCO2e by 2030 and to 12 MtCO2e by 2050.

    In terms of Israel's submission, the gases comprise carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs) and sulfur hexafluoride (SF6).

    Specifically, electric power generation GHG emissions will be cut by 30 pct by 2030, compared with 2015, and by 85 pct in 2050. Industry will be expected to cut emissions 30 pct or more by 2030, compared with 2015. In transportation, all new municipal buses will have to be electric by 2026 and total emission increases from transportation will be capped at 3.3 pct in 2030 compared with 2015. By 2050, they will be at least 96 pct less than those of 2015. Furthermore, all cars weighing up to 3.5 tons that are registered in 2030 will have to emit no more than 5 pct of the average global warming gases emitted by similar-sized vehicles registered in 2020. (Source: Israel Environmental Protection Ministry, PR, Times of Israel, 1 Aug., 2021) Contact: Israel Environmental Protection Ministry, www.gov.il/en/departments/ministry_of_environmental_protection/govil-landing-pag

    More Low-Carbon Energy News Isreal Carbon Emissions,  UNFCCC,  


    Israel Cutting GHG Emissions to Meet Global Target (Int'l. Report)
    Israel
    Date: 2021-07-26
    In Jerusalem, the Israel Environmental Protection Ministry has announced the country would reduce its greenhouse gas emissions by 85 pct from 2015 levels by 2050, as part of an international push to limit global warming. The government approved the 2050 target and set an interim target of 2030 to reduce emissions by 27 pct from levels in 2015, the year when global climate accords were agreed in Paris.

    Israel's national targets include a 96 pct cut in transportation related carbon, an 85 pct reduction from the electric power generation sector and a 92 pct cut in the municipal waste sector. (Source: Israel Environmental Protection Ministry, PR, Reuters, 25 July, 2021) Contact: Israel Environmental Protection Ministry , www.gov.il/en/departments/ministry_of_environmental_protection/govil-landing-page

    More Low-Carbon Energy News Israel,  Carbon Enissions,  


    DOE Addresses Homes, Bldgs. Energy Efficiency (Ind. Report)
    DOE Better Building Initiative
    Date: 2021-07-14
    In Washington, the Secretary of Energy has announced sweeping actions to power more American homes and buildings with cleaner, smarter, and more affordable energy services that sharply reduce the buildings sector's energy consumption and contributions to the climate crisis.

    Residential and commercial buildings account for more than one-third of the climate-altering carbon pollution America releases each year, use about 40 pct of the nation's energy and waste more than $100 billion annually due to energy inefficiency, according to the DOE. To address energy waste and inefficiency the DOE Better Building Initiative "whole-building" solution calls for the following:

  • Investing in Buildings' Workforce of the Future -- New investments of up to $30 million for the American workforce will expand DOE's support for organizations -- including unions, trade associations, and educational institutions -- that train and support career pathways for a diverse, qualified, and well-paid workforce that enables high-performance buildings.

  • Advancing Efficiency in Heating and Cooling Systems -- A new national initiative focused on clean and efficient heating and cooling systems in buildings called the Initiative for Better Energy, Emissions, and Equity (E3) will advance the research, development, and deployment of clean heating and cooling systems like heat pumps, advanced water heaters, low-to-no global warming potential refrigerants, and smarter HVAC diagnostic tools.

  • Driving Adoption of Smart Building Technologies -- A National Roadmap for Grid-Interactive Efficient Buildings will chart a path to triple the energy efficiency and demand flexibility of U.S. buildings within the decade -- worth $100 to $200 billion in energy cost savings -- by implementing 14 practical recommendations that accelerate the ability of buildings to both reduce and change the timing of energy use through smart building operations sensitive to broader grid dynamics.

  • Collaborating with Industry to Decarbonize Buildings -- The Better Buildings Low Carbon Pilot, a project of the Better Buildings Initiative, will work with commercial, industrial, and multifamily organizations to set commitments and share pathways to low and no carbon emission buildings.

  • Opening Up Windows for Collaboration -- The Partnership for Advanced Window Solutions (PAWS) will accelerate the national availability and adoption of advanced and highly efficient windows and window attachments that improve comfort and reduce building energy use.

    Started in 2011, the Better Buildings Initiative has partnered with leaders in the public and private sectors to make the nation's homes, commercial buildings, and industrial plants more energy efficient by accelerating investment upgrades and products and sharing successful best practices. Better Buildings partners represent more than 30 of the country's Fortune 100 companies, 12 of the top 25 U.S. employers, 12 pct of the U.S. manufacturing energy footprint, and 13 pct of total commercial building space, as well as 17 federal agencies, 8 national laboratories, and more than 80 states and local governments. (Source: US DOE Building Technologies Office, PR, June, 2021) Contact: US DOE Building Technologies Office, 202-586-9127, buildings@ee.doe.gov, www.energy.gov/eere/buildings

    More Low-Carbon Energy News DOE Better Building Initiative,  Energy Efficiency,  


  • Notable Quote on Carbon Emissions
    Coalition for Negative Emissions
    Date: 2021-07-02
    "Without action to deliver 1 Gigatonne (Gt) of negative emissions globally by 2025, keeping global warming within the Paris Agreement target of 1.5 degrees C cannot be achieved." -- Coalition for Negative Emissions (CNE), 29 June, 2021). Contact: Coalition for Negative Emissions, www.coalitionfornegativeemissions.org

    More Low-Carbon Energy News Coalition for Negative Emissions,  Paris Climate Agreement,  


    IMF Proposes International Carbon Price Floor (Ind. Report)
    International Monetary Fund
    Date: 2021-06-28
    According to the Washington, DC-based International Monetary Fund (IMF), CO2 and other greenhouse gases must fall by a minimum 25 - 50 pct over the next decade to achieve the goal of restricting global warming to below 2 degree C. The fastest and most practical way to achieve this is by creating an international carbon price -- carbon tax -- floor arrangement, the IMF adds.

    The IMF notes carbon pricing has a wide environmental and social aim of encouraging producers and companies to reduce their carbon footprint in a bid to combat climate change, which is linked to greenhouse gas emissions.

    According to IMF, 80 pct of global emissions are currently un-priced and the average price for global emissions is only $3 a tonne. "As a knock-on effect, some countries and regions with high or rising carbon prices are considering placing charges on the carbon content of imports from places without similar schemes," the IMF said. But the IMF notes that the "charges on carbon content are insufficient instruments (to fight climate change) as carbon embodied in trade flows is typically less than 10 pct of a countries' total emissions."

    According to the IMF, a minimum carbon price "is an efficient, concrete, and easily understood policy instrument. Simultaneous action among large emitters to scale up carbon pricing would deliver collective action against climate change while decisively addressing competitiveness concerns. The focus on a minimum carbon price parallels the current discussion on a minimum for the tax rate in international corporate taxation." (Source: IMF, Daily Maverick 168, 24 June, 2021) Contact: IMF, Kristalina Georgieva, Dir., www.imf.org

    More Low-Carbon Energy News International Monetary Fund,  Climate Change Carbon Tax,  


    JCI Commits to Environmentally Sustainable Refrigerant (Ind. Report)
    Johnson Controls
    Date: 2021-06-04
    Milwaukee, Wisconsin-headquartered Johnson Controls (JCI) is reporting The Chemours Company manufactured Opteon™ XL41™ (R-454B) will serve as the primary low Global Warming Potential (GWP) refrigerant in the company's ducted residential and commercial unitary products as well as air-cooled scroll chillers in North America and specific international markets where codes are in alignment.

    According to the JCI release, with the transition to R-454B refrigerant transition "we will exceed key regulatory requirements and also take a significant step toward reaching one of our ambitious sustainability benchmarks: helping our customers achieve a 16 percent reduction in emissions by 2030."

    R-454B has the lowest EPA SNAP approved GWP for unitary applications of all ASHRAE classified A2L (low-toxicity, mild flammability) refrigerants on the market today, coming in at 466 -- one-fifth the GWP of R-410A, far lower than the pending 750 GWP limits being proposed and offering the longest-term viability. In addition, the refrigerant can reduce the energy use of HVAC systems and improve system efficiency.

    The transition to R-454B will apply only to the sale of new air-cooled scroll chillers by the pending manufacturing cutoff date of January 1, 2024, and residential and commercial unitary products by the pending manufacturing cutoff date of January 1, 2025, for the following brands: Johnson Controls, YORK, Luxaire, Coleman, Champion, Fraser-Johnston, TempMaster,, Evcon,, Guardian and Quantech. Existing R-410A equipment manufactured prior to the manufacturing cutoff dates can be sold, installed and serviced indefinitely. (Source: Johnson Controls, PR, 27 May, 2021) Contact: Johnson Controls, Katie McGinty, VP Sustainability, Government and Regulatory Affairs, Katie.mcginty@jci.com, www.jci.com; Chemours, www.chemours.com

    More Low-Carbon Energy News Johnson Controls ,  


    GWO Touts Jet-Electro Wind Turbine Tech (New Prod & Tech)
    Global Warming Solutions
    Date: 2021-05-26
    Temecula, California-based Global Warming Solutions, (GWS) Inc., a worldwide developer of technologies that help mitigate global warming and its effects, is reporting successful laboratory test results on the initial efficacy of its exclusively licensed and patented, scalable Jet-Electro-Station Technology (Tornado Technology) wind turbine.

    According to the release, the company's Jet-Electro-Station Technology is based on the natural effect of tornados -- the convective acceleration of wind accompanied by the transformation of the heat energy of natural air into the acquired kinetic power of airflow. The implementation of the desired controllable effect becomes possible by using a multiplicity of elaborated wings.

    Jet-Electro-Station is composed of a multiplicity of relatively small modules, each of which comprises a jet-rotor and generator of electricity. The modules are identical from the point of view of mechanics but differ in the used generators of electricity having specific conditions for optimal operation. GWSO's initial goal is a full-scale demo Jet-Electro-Station, according to the release. (Source: Global Warming Solutions, Inc., PR, 26 May, 2021) Contact: Global Warming Solutions, Michael Pollastro, Pres, (951) 528-2102, mpollastro@gwsogroup.com, www.gwsogroup.com

    More Low-Carbon Energy News Wind Turbine news,  


    Biden Administration Addresses Energy Efficiency (Ind. Report)
    White House
    Date: 2021-05-24
    In Washington, the Biden administration has announced new federal initiatives and investments in building energy efficiency and electrification in a move to achieve a carbon pollution-free power sector by 2035 and put the United States on an irreversible path to a net-zero economy by 2050. The White House initiative includes:
  • Launching the low-carbon buildings pilot -- Through the Department of Energy's (DOE) Better Buildings Initiative and in coordination with Housing and Urban Development, DOE is announcing the first 55 commercial, industrial, and multifamily organizations to participate in the Low-Carbon Buildings Pilot program, which will share lessons learned for real world pathways to low and no emission buildings.

  • In partnership with the Advanced Water Heating Initiative, DOE is launching a new initiative to increase market adoption of high-efficiency, grid-connected Heat Pump Water Heaters which are two to four times more efficient than conventional water heaters in residential and commercial buildings.

  • New and expanded EPA partnership programs -- EPA is launching new residential and commercial sector partnerships to accelerate efficiency and electrification retrofits with a focus on under served residential households through the ENERGY STAR Home Upgrade program, accelerate building electrification through an advanced ENERGY STAR certification for new residential buildings, and recognize commercial buildings through a new zero-carbon commercial building certification. It will also launch a new Greenhouse Gas tool linked to its Portfolio Manager tool.

  • New national research initiative focused on innovating clean and efficient building heating and cooling systems -- DOE will launch the Initiative for Better Energy, Emissions, and Equity (E3 Initiative), putting $10M toward accelerating the research and adoption of heat pump technologies. As part of the E3 Initiative, DOE will launch a Cold Climate Heat Pump Technology Challenge to accelerate the development of high performing cold climate heat pump technologies. Another important component will be new research efforts partnering National Laboratories and manufacturers to accelerate the development of lower to no global warming potential refrigerants that can be quickly commercialized.

  • National grid-interactive efficient buildings roadmap -- DOE is releasing the Grid-interactive Efficient Buildings (GEB) Roadmap with 14 recommendations to better integrate buildings with solar and wind power through smart operation of electricity demand and storage. Smart buildings allow consumers to have more choice over building operations and provide the ability to manage energy loads and reduce energy bills. Over the next two decades, national adoption of GEBs would create savings of $100 -- $200 billion across the electric power system and could decrease emissions in the power sector by 6 pct per year.

  • New Federal Building Performance Standards -- Council on Environmental Quality (CEQ) is launching an inter-agency Federal sustainability effort with General Serivices Administration (GSA), DOE, and EPA to develop the first-ever building performance standards (BPS) for the federal government. The BPS will establish metrics, targets, and tracking methods to reach federal carbon emissions goals. The performance standards will identify progressive performance milestones as well as the resources that agencies need to meet them.

  • Blueprint to integrate GEB Technologies into Energy Savings Contracts -- GSA is releasing a blueprint to integrate grid-interactive technologies into federal building renovation and improvement projects, particularly using energy savings, and utility energy savings contracts. The blueprint puts practical guidance and tools into the hands of building operators to help them integrate GEB technologies into current and future performance contracts.

  • New ENERGY STAR standards to advance heat pump technology and fast chargers for electric vehicles -- If all heat pumps, central air conditioners, and electric water heaters sold in the U.S. met the new ENERGY STAR standards, the energy cost savings would grow to $11 billion a year, and 255 billion ppy of GHG emissions would be avoided. These new standards will increase American households' and businesses' access to affordable heating, cooling, water heating, and transportation options.

    These actions -- involving the General Services Administration (GSA), Council on Environmental Quality (CEQ), Department of Energy (DOE) and the Environmental Protection Agency (EPA) -- focus on key levers available within the administration's existing authority now, without waiting for the anticipated infrastructure package, the release notes. (Source: The White House, PR, 17 May, 2021)

    More Low-Carbon Energy News Energy Efficiency,  ENERGY STAR,  GSA,  DOE,  


  • Vermont Greenhouse Gas Emissions Inventory and Forecast: 1990 -- 2017 (Report Attached)
    Vermong GHG
    Date: 2021-05-21
    "The concentration of greenhouse gases (GHG) in the earth's atmosphere are increasing due to human caused emissions. Understanding Vermont's contribution to this global problem and the sources and sectors which are responsible for these emissions is a critical first step in mitigating climate change. The goal of this inventory is to provide that understanding of emissions for Vermont in a way that is consistent with other jurisdictions to enable the tracking of emissions levels through time and to help inform decisions on future mitigation pathways.

    "The Forecast tracks changes in emissions through time to determine progress toward the state's GHG reductions under the Global Warming Solutions Act's mandatory reductions of 26 pct below 2005 levels by 2025, 40 pct below 1990 levels by 2030, and 80 below 1990 levels by 2050.

    Download the Vermont Greenhouse Gas Emissions Inventory and Forecast: 1990 – 2017 report HERE. (Source: Vermont Dept. of Environmental Conservation, May, 2021) Contact: Vermont Dept. of Environmental Conservation, www.dec.vermont.gov

    More Low-Carbon Energy News GHG,  Greenhouse Gas,  Carbon Emissions,  Climate Change,  


    MataSota-88 Climate Change Action Recommendations (Ind. Report)
    MataSota-88
    Date: 2021-03-24
    In the Sunshine State, the Sarasota-based not-for-profit public interest group ManaSota-88 has recommended the following in support of Manatee County's pending climate action -- climate change mitigation and coastal disaster plan:
  • Temporary moratorium on rebuilding after a storm -- The comprehensive plan should be amended to include a temporary moratorium on rebuilding not immediately needed for public health, safety, and welfare. Several coastal communities have adopted policies that authorize a moratorium of up to 60 days on the reconstruction of structures if at least 50 pct destroyed by storm, flood, wave, and wind damage. During the moratorium, the Board of County Commission can then consider purchasing damaged properties or pursuing other mitigation responses.

  • Redevelopment after a storm -- The County Commission should clearly indicate that any redevelopment after storm-damage will meet, at a minimum, the requirements of existing development codes and not negatively impact vegetation, beaches, or coastal dune systems.

  • Native vegetation -- The comprehensive plan should require any new development or redevelopment to plant or replant native vegetation.

  • Establish 50-year erosion rates -- The County should determine local beach erosion rates expected over 50 years. The comprehensive plan should also require the disclosure of specific hazardous conditions during property transfers.

  • Retreat from the Coast -- Retreat from the coast is the only viable long-term management option that will ensure the protection of the coastline.

    MataSota-88 notes that although the scientific evidence supporting climate change is overwhelming, there is a significant segment of the population that are either "ignorant of the facts or are learning disabled, unfortunately, many of the latter are some of our policymakers and business leaders." MataSota-88 calls for the Manatee County Commission to initiate a process that will address the challenges that global warming poses for Florida.

    ManaSota-88 believes it is of vital importance to focus attention on the need to develop policies to reduce greenhouse gas emissions and its associated impacts of sea-level rise on coastal resources, according to the group's website. (Source: ManaSota 88, Website, Mar., 2021) Contact: ManaSota 88, (941) 966-6256 , manasota88@comcast.net , www.manasota88.org

    More Low-Carbon Energy News Climate Change Mitigation,  


  • FedEx-Supports Yale Center for Natural Carbon Capture (Funding)
    FedEx, Yale University
    Date: 2021-03-05
    Yale University is reporting receipt of a $100 million gift from FedEx will help fund the new Center for Natural Carbon Capture.

    The Center is a key aspect of both Yale's broader Planetary Solutions Project -- a campus-wide effort to develop integrated, powerful solutions to Earth's climate and biodiversity crises -- and FedEx's goal of achieving carbon neutral operations globally by 2040.

    The Center aims to develop interventions that enhance the Earth's abilities to store carbon and other methods that model natural processes, as well as develop a portfolio of natural carbon removal strategies that combine both rapid and long-term approaches.

    Initial funding from FedEx will support four new professorships in science and engineering across the Yale School of the Environment (YSE) and the Faculty of Arts and Sciences, as well as postdoctoral fellows and graduate students. It also will provide research funding and essential instrumentation, support Yale's Environmental Leadership & Training Initiative's outreach work, and enable Yale to bring together researchers, corporations, policymakers, and others through conferences and events.

    Yale's Planetary Solutions Project encompasses three major goals: to mitigate global warming and environmental concerns, adapt to a changing planet, and engage individuals, organizations, and governments to facilitate action. Capturing and storing carbon is a key pillar of the mitigation goal, and the Center will be an essential part of that effort, as well as related work in energy efficiency and alternative energy. (Source: Yale News, 3 Mar., 2021) Contact: Yale School of the Environment, Indy Burke, Dean, Yale Center for Natural Carbon Capture, www.planetarysolutions.yale.edu/center-natural-carbon-capture

    More Low-Carbon Energy News Yale University,  FedEx,  Carbon Capture,  


    Tikehau Low-Carbon Energy Transition Fund Raises €1Bn (Funding)
    Tikehau Capital
    Date: 2021-02-24
    Paris-headquartered global alternative asset management group Tikehau Capital reports completion of fundraising for its T2 Energy Transition investment strategy outperformed its original fundraising goals with over €1 billion raised. The T2 fund is one of the leading and largest global growth private equity vehicles singularly committed to enabling the transition towards a low-carbon economy and fighting global warming to help reach the goals of the 2015 Paris Climate Agreement.

    To date, T2 Energy Transition investment strategy has invested €440 million in 6 SMEs focused on clean energy generation, low-carbon mobility and energy efficiency. T2 fund portfolio companies have provided goods and services that, over their lifetime, will avoid one million tons of CO2 from being emitted, according the Tikehau release.

    Tikehau Capital had € 28.5 billion of assets under management as of 31 December 2020. (Source: Tikeau Capital, PR, 23 Feb., 2021) Contact: Tikehau Capital, Louis Igonet , +33 1 40 06 11 11, shareholders@tikehaucapital.com, www.tikehaucapital.com

    More Low-Carbon Energy News Low Carbon Energy,  Climate Change,  Paris Climate Agreement,  


    SSEN Distribution Commits to Net-Zero Emissions (Int'l. Report)
    SSE,Scottish and Southern Electricity
    Date: 2021-02-03
    In the UK, London-headquartered utility Scottish and Southern Electricity Networks (SSEN) Distribution reports it is the first UK Distribution Network Operator to set science-based carbon emissions reduction targets.

    Responsible for developing the electricity distribution networks vital to achieve net-zero carbon emissions, SSEN Distribution has signed a commitment letter to set science-based reduction targets for its own operations, which will see the network operator strive to cut emissions further and faster.

    A science-based target is a target for greenhouse gas emissions reductions that is set based on the level of reduction that science says is required to prevent the worst impacts of climate change in line with the Paris Agreement -- to limit global warming to well-below 2 degree C above pre-industrial levels and pursue efforts to limit warming to 1.5 degree C. The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wild Fund for Nature. (Source: SSE plc, Website, Jan., 2021) Contact: SSE, Shirley Robertson, ED2 Sustainability Strategy Lead, www.sse.com; Science Based Targets, www.sciencebasedtargets.org

    More Low-Carbon Energy News Science Based Targets,  Scottish and Southern Electricity ,  SSE,  Net-Zero,  Carbon Emissions,  


    Guilty as Charged! -- €1 Fine for Climate Inaction (Int'l.)
    Paris Climate Accord
    Date: 2021-02-03
    A court in Paris has ruled that France's government is guilty of climate inaction in a ground-breaking legal case launched in March, 2019, by a group of NGOs with the support of two million French citizens, for failing to meet the country's commitments to limit greenhouse gas emissions.

    The ruling makes it possible for direct victims of climate change in France to seek compensation from the French government. This puts increased pressure on lawmakers to focus on limiting global warming and mitigating environmental damage. Though the ruling is largely symbolic, it sets a precedent. The French state was ordered to pay compensation of €1 to show "moral prejudice" -- a common occurrence in France.

    France's commitment to curb global warming comes from the Paris Agreement, which was signed at COP21 in 2015. This international accord holds countries responsible for limiting global warming to less than 2 degrees more than pre-industrial levels. (Source: euronews, Feb., 2021)

    More Low-Carbon Energy News Paris Climate Accord,  Climate Change,  


    Green Pandemic Recovery Essential to Close Climate Action Gap (Report Attached)
    UNEP
    Date: 2020-12-18
    Each year, the UN Emissions Gap Report assesses the gap between anticipated emissions and levels consistent with the Paris Agreement goals of limiting global warming this century to well below 2 degrees C and pursuing 1.5 degrees C. The report finds that in 2019 total greenhouse gas emissions, including land-use change, reached a new high of 59.1 gigatonnes of CO2 equivalent (GtCO2e). Global greenhouse gas emissions have grown 1.4 pct per year since 2010 on average, with a more rapid increase of 2.6 pct in 2019 due to a large increase in forest fires.

    A green pandemic recovery, however, can cut up to 25 pct off the emissions we would expect to see in 2030 based on policies in place before COVID-19. A green recovery would put emissions in 2030 at 44 GtCO2e, instead of the predicted 59 GtCO2e -- far outstripping emission reductions foreseen in unconditional NDCs, which leave the world on track for a 3.2 degrees C temperature rise. Such a green recovery would put emissions within the range that gives a 66 pct chance of holding temperatures to below 2 degrees C, but would still be insufficient to achieve the 1.5 degrees C goal.

    The report also notes that the growing number of countries committing to net-zero emissions goals by mid-century is a "significant and encouraging development" with 126 countries covering 51 pct of global greenhouse gas emissions adopting, announcing or were considering net-zero goals.

    Download the Green Pandemic Recovery Essential to Close Climate Action Gap report HERE. (Source: UNEP, Dec., 2020) Contact: UNEP, www.unep.org

    More Low-Carbon Energy News UNEP,  GHGs,  Greenhouse Gas,  Carbon Emissions,  Climate Change,  


    Notes on Climate Change from the Washington Post
    Washington Post, Climate Change
    Date: 2020-11-02
    "Global methane emissions are up this year. Methane is several times more damaging to the climate than carbon dioxide. Emissions have risen 32 percent.

    "(Global) Warming has killed half of the coral on Australia’s Great Barrier Reef. Recovery might not happen.

    "Let's move to Phoenix! So far this year the temperature has reached 100 degrees on half of the days.

    "September was the warmest month on record for Earth. That just might push us into the hottest year ever." (Source: The Washington Post, WingNut Blog, 30 Oct., 2020)

    More Low-Carbon Energy News Climate Change,  Global Warming,  


    Renewables on the Rise 2020 Tracks Renewable Energy Dev. (Ind. Report Attached)
    PennEnvironment Research & Policy Center
    Date: 2020-10-30
    In the Keystone State, the not-for-profit Philadelphia-based PennEnvironment Research & Policy Center has released its Renewables on the Rise 2020 study that documents and compares the growth of solar power, wind power, battery storage, energy efficiency and electric vehicle technologies in each state, as well as nationally, over the past decade.

    According to the study, in 2019, the U.S. produced 30 times more solar power and more than triple the amount of wind energy than in 2010. Utility-scale battery energy storage increased 20-fold since 2010 and energy consumption per person declined thanks to improvements in energy efficiency, and more than one million electric vehicles were sold in the U.S.

    Download the Renewables on the Rise 2020 study HERE. (Source: PennEnvironment Policy & Research Center, Website PR, Oct., 2020) Contact: PennEnvironment Policy & Research Center, David Masur, Exec. Dir, Kelly Flanigan, Global Warming Solutions Associate, (215) 732-5897, (215) 732-4599 -- fax, www.pennenvironmentcenter.org

    More Low-Carbon Energy News Renewable Energy,  


    "Reject Industry Efforts to Derail Clean-Fuel Standard", Suzuki Says (Opinions, Editorials & Asides)
    Canada Clean Fuels Standard,Suzuki Foundation
    Date: 2020-10-23
    "The UN's annual Emissions Gap Report 2019 found Earth is headed toward 3.2 degrees C warming based on current and estimated emissions trends and called on governments to increase efforts to limit global warming immediately. But Canada isn't even on track to meet its original 2030 emissions-reduction targets.

    "Greenpeace recently obtained leaked strategy documents advising industry to push back against measures such as the federal clean fuel standard that prompts a switch to low-carbon fuels by setting limits on greenhouse-gas emissions from fossil fuels. To meet it, fossil-fuel suppliers can buy or generate credits by offering low-carbon alternatives, like biofuels from waste organics or electric-vehicle charging stations. The clean-fuel-credit market is expected to attract investment in low-carbon fuel production and distribution in Canada.

    "It's a smart move as the government looks to support economic recovery. Clean-fuels investments generate employment. Clean Energy Canada estimates the regulation could spur the need for up to 31,000 skilled workers to build, operate, and supply new facilities.

    Navigator, the PR firm engaged to develop an action plan to counter the clean-fuel standard, advises its unnamed clients to use a "counter-punch strategy" -- to pay lip service to government's climate agenda, wait for the clean-fuel-standard announcement, then orchestrate a hard push-back. Part of the scheme is to convince Canadians that "fighting climate change is a losing battle" by arguing action is too costly. It's dishonest. Energy companies -- and the politicians they're seeking to influence -- know Canada must decarbonize the fuel supply to reduce GHG emissions.

    "All the major federal political parties have pledged to meet or exceed Canada's 2030 targets. The clean-fuel standard is projected to reduce annual GHG emissions by 30 million tonnes by 2030 -- equivalent to taking 7 million cars off the road and accounts for 15 pct of Canada's current emissions-reduction target -- more than can be achieved with any other single climate-policy instrument.

    "B.C.'s (British Columbia) low-carbon fuel requirement has been in place since 2010 and is credited with delivering one-quarter of B.C.'s emissions reductions between 2007 and 2012 with limited impacts to consumers' pocketbooks. As part of its CleanBC plan, the province recently announced further reductions to the carbon intensity of transportation fuels over the next decade using this instrument. California, Oregon, and the EU have parallel policies. Their experience shows that a clean-fuel standard can reduce emissions, drive innovation, and increase renewable alternatives availability.

    "Too often, industry opposition to environmental policies isn't driven by facts but by vested interests. Climate action is in everyone's interest. Government must stand firm on the policies needed to achieve timely emissions reductions. The sooner Canada adopts its clean fuel standard, the better."

    Download the UN Emissions Gap Report 2019 HERE. (Source: David Suzuki, Suzuki Foundation, The Straight, 20 Oct, 2020) Contact: Suzuki Foundation, David Suzuki, 604-732-4228, www.davidsuzuki.org

    More Low-Carbon Energy News Clean Fuel Standard,  Renewable Fuels,  Suzuki Foundation,  Environment and Climate Change Canada,  


    US, Japan Ink CO2 Recycling Cooperation Memorandum (Int'l. Report)
    CO2
    Date: 2020-10-14
    At this week's Tokyo International Conference on Carbon Recycling, Japan and the United States inked a memorandum of cooperation to accelerate the research and development of technology to recycle carbon dioxide and turn it into fuel and chemical materials and share the results as part of their efforts to fight global warming.

    The two countries recognize "carbon recycling as one of the future's most promising options to achieve carbon neutral or net-negative carbon emissions and promote economic growth," the memorandum notes.

    Japan sees the technology involving the capture, storage, utilization and recycling of carbon dioxide as a promising solution for reducing greenhouse gas emissions and securing a stable energy source, according to the memorandum. (Source: Mainichi Japan, 13 Oct., 2020)

    More Low-Carbon Energy News CO2,  CCS,  CCU,  GHGs,  Carbon Emissions,  


    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,  


    Development Banks Commit $61Bn to Climate Finance in 2019 (Int'l.)
    Climate Change
    Date: 2020-08-24
    According to the 2019 Joint Report on Multilateral Development Banks' Climate Finance , in 2019 seven of the world's largest multilateral development banks (MDBs) provided $61.6 billion in climate financing, out of which $41.5 billion was offered to low-income and medium-income economies.

    Of the total, $46.6 billion was used for climate mitigation and the remaining $14.9 billion was used to help countries build resilience in tackling the impact of global warming.

    The seven banks include: African Development Bank (AfDB), Asian Development Bank (ADB), European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB), Inter-American Development Bank Group (IDB Group), World Bank Group (WBG) and the Islamic Development Bank (IsDB).

    Download the 2019 Joint Report on Multilateral Development Banks' Climate Finance report HERE. (Source: African Development Bank, Mercom India, Aug., 2020) Contact: African Development Bank, www.afdb.org

    More Low-Carbon Energy News Climate Change,  


    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,  


    Duke Energy Invests in SustainRNG Dairy Biogas Projects (Ind. Report)
    Duke Energy,SustainRNG
    Date: 2020-08-19
    North Carolina utility Duke Energy is reporting partnering with Charlotte-based SustainRNG, a North Carolina start-up firm, to work with southeastern US dairy farmers to develop biogas as an alternate fuel.

    SustainRNG will engineer, finance, construct and operate RNG sites in collaboration with dairy farmers. Duke Energy has a minority share in SustainRNG and the option to invest in future operating projects.

    Methane (biogas) is more than 80 times more potent as a global warming agent in its first 20 years in the atmosphere compared with CO2. (Source: Duke Energy, PR, 17 Aug., 2020) Contact: Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, rob.caldwell@duke-energy.com, www.duke-energy.com; SustainRNG, Michael Shore, CEO, michael@SustainRNG.com, www.sustainrng.com

    More Low-Carbon Energy News RNG,  Biogas,  SustainRNG,  Duke Energy,  


    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 ,  


    Tel Aviv Outlines Climate Crisis Plan (Int'l. Report)
    C40 Cities
    Date: 2020-08-07
    In Israel, the Tel Aviv-Yafo municipality is reporting a detailed, 3-phase climate action plan making it the first Israeli municipality program designed to cope with the threat of climate change. The plan is within the framework of the C40 Cities Climate Leadership Group, a global network of cities fighting global warming.

    Under the tree-part plan: experts identified the specific climate threats Tel Aviv is currently facing; listed the city's two key objectives -- temperature reduction and water management; determined how the city will meet its climate change related objectives.

    Over the next three years, the plan calls for an immediate response (for this year and the next), a gradual response (by 2030) and then the fostering of urban innovation in a more global approach.

    The immediate response includes steps like reducing the removal of trees, strict implementation of permeation requirements in construction plans and permits and enabling solar energy independence for public buildings during times of crisis. (Source: City of Tel Aviv, Al-Monitor, 6 Aug., 2020) Contact: C40 Cities, www.c40.org

    More Low-Carbon Energy News C40 Cities,  Climate Change,  


    Citigroup Targets $250Bn for Low-Carbon Activities (Ind. Report)
    Citigroup
    Date: 2020-07-31
    NYC-headquartered banking giant Citigroup Inc., the 4th largest US bank by assets, reports it aims to lend $250 billion for low-carbon renewable energy, clean technology, water quality and conservation, sustainable transportation, green buildings, energy efficiency, circular economy and sustainable agriculture and land use over the next five years.

    The bank noted it is working to measure, manage and reduce the climate risk and impact of its portfolio of clients and to that end is is participating in the development and rollout of the Partnership for Carbon Accounting Financials, a framework that will help it measure the carbon footprint of its lending portfolios. Additionally, Citi is testing the methodology for the 2016 Paris Agreement Capital Transition Assessment, a tool that will enable it to look at its most carbon-intensive sectors and clients and measure their progress toward reducing global warming.

    Citigroup is also aiming for a 45 pct CO2 emission reduction reduction in its operations by 2025 from a 2010 baseline and, to that end, aims to only use renewable electricity to power its facilities globally by the end of 2020.

    In 2019, Citigroup assets totaled $1.951 trillion, equity totaled $193 billion and net income came in at $19.471 billion. (Source: Citigroup, PR, MarketScreener, 29 July, 2020) Contact: Citigroup, www.citigroup.com

    More Low-Carbon Energy News Citigroup,  Low Carbon Energy,  


    Duke Energy Invests in SustainRNG (Ind. Report)
    Duke Energy, SustainRNG
    Date: 2020-07-31
    Charlotte, North Carolina-based utility giant Duke Energy reports it has taken a minority stake in SustainRNG, a company that plans to capture bovine emissions of methane on dairy farms in the Southwest with the potential scale up nationwide. SustainRNG's first farm-based project is slated to start in late 2021.

    Methane is more than 80 times more potent as a global warming agent in its first 20 years in the atmosphere compared with CO2. (Source: Duke Energy PR, BNN, 30 July, 2020) Contact: Duke Energy Renewables, Rob Caldwell, Pres, (704) 594-6200, rob.caldwell@duke-energy.com, www.duke-energy.com; SustainRNG, www.sustainrng.com

    More Low-Carbon Energy News RNG,  Duke Energy,  SustainRNG,  Methane,  Biogas,  


    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,  


    Austria Supports EU Carbon Border Tax (Int'l. Report)
    European Union,European Commission
    Date: 2020-07-13
    In a recent interview with Frankfurter Allgemeine Sonntagszeitung , Austrian Chancellor Sebastian Kurz called for the introduction of a European Union carbon border tax on imports as a source of income to finance the 28-member trading bloc's coronavirus recovery programmes, and to address the larger issue of climate change and the fight against global warming. Kurz described an EU-wide carbon tax as a "fair and equitable" common support programme to assist EU member countries in coping with the economic fallout of the coronavirus pandemic.

    The German and French governments urged the introduction of a carbon border tax in the EU in June and agreed to jointly explore ways to implement it. The tax has also been proposed by the EU Commission's (EC) Green Deal. Germany noted advancing climate action in Europe will be one of its priorities in its EU presidency during the second half of 2020. (Source: Frankfurter Allgemeine Sonntagszeitung, Clean Energy Wire, 13 July, 2020)

    More Low-Carbon Energy News Carbon Tax,  EU carbon Tax,  Climate Change,  


    TEP Touts Clean Energy Expansion Plan (Ind. Report)
    Tucson Electric Power
    Date: 2020-06-29
    Tucson Electric Power (TEP) is reporting plans to provide more than 70 pct of its power from wind and solar resources as part of a cleaner energy portfolio that will reduce carbon emissions 80 pct by 2035.

    The 15-year 2020 Integrated Resource Plan (IRP) calls for a dramatic expansion of wind and solar power resources, supported by efficient natural gas fired generators and energy storage systems the retirement of TEP's remaining coal-fired power plants over the next 12 years. Key IRP elements include:

  • 2,457 MW of new wind and solar power systems, including 457 MW that will be coming online over the next year.

  • 1,400 MW of new energy storage systems.

  • A proposal to ramp down and ultimately retire two units at the coal fired Springerville Generating Station in 2027 and 2032.

  • Eliminating the use of surface water for power generation and a 70 pc treduction in groundwater use.

  • Continued support for energy efficiency programs to reduce usage and peak power demands.

    TEP's CO2 emission reduction goal was developed in partnership with the University of Arizona's Institute of the Environment with input from a diverse group of customers, community leaders, local government representatives and environmental advocates. The target represents TEP's fair share of worldwide efforts to limit global warming to well below 2 degrees Celsius under the 2015 Paris Agreement. TEP's plan would reduce its CO2 emissions by 80 pct, according to the release.

    Download the TEP 2020 Integrated Resource Plan, HERE. (Source: TEP, PR, 26 June, 2020) Contact: TEP, Joseph Barrios , (520) 884-3725, jbarrios@tep.com, www.tep.com

    More Low-Carbon Energy News Tucson Electric Power,  Renewable Energ,  Carbon Emissions,  Climate Change,  


  • TEP Plans 80 pct Carbon Emissions Cut by 2035 (Ind. Report)
    Tucson Electric Power
    Date: 2020-06-29
    In Arizona, Tucson Electric Power (TEP) is reporting plans to provide more than 70 pct of its power from wind and solar resources as part of a cleaner energy portfolio that will reduce carbon emissions 80 pct by 2035. The utility's 15-year 2020 Integrated Resource Plan (IRP) calls for a dramatic expansion of wind and solar power resources, increased energy storage systems and energy efficiency and the retirement of TEP's remaining two coal-fired power plants in 2027 and 2032. The changes are expected to avoid more than 50 million tons of CO2 emissions over the next 15 years.

    TEP's CO2 emission reduction goal was developed in partnership with the University of Arizona's Institute of the Environment with input from a diverse group of customers, community leaders, local government representatives and environmental advocates. The target represents TEP's fair share of worldwide efforts to limit global warming to well below 2 degrees Celsius under the 2015 Paris Agreement. TEP's plan would reduce its CO2 emissions by 80 pct, according to the release. (Source: TEP, PR, 26 June, 2020) Contact: TEP, Joseph Barrios , (520) 884-3725, jbarrios@tep.com, www.tep.com

    More Low-Carbon Energy News Tucson Electric Power,  Paris Climate Agreement,  Climate Change,  Carbon Emissions,  


    UAF researchers use space-based radar to measure methane emissions in Arctic lakes
    University of Alaska Fairbanks
    Date: 2020-05-27
    One of the many greenhouse gases that is contributing to global warming is methane. Methane is emitted a lot of ways, including from lakes across Alaska. However, studies on how much methane flows up from those lakes into the atmosphere haven’t always been very accurate. New research from the University of Alaska Fairbanks utilizing radar instruments positioned on satellites has led to a breakthrough in lake methane emission research. That research could help climate scientists better see how Alaska’s lakes contribute to the world’s methane emissions. As permafrost under lakes begins to break down, it releases carbon, which is broken down by tiny microorganisms, which in turn, release methane. “Sometimes you’ll sit on the edge of the lake and you can see a little pop,” said “And you might think ‘oh hey, it’s a fish.’ But it could also be a little methane bubble that’s coming out.” Since methane is an odorless, colorless gas, it can be difficult to monitor how much is released by lakes. But not when they’re frozen. “The ice forms around the bubbles; more bubbles are released and [ice] forms around the bubbles,” Engram said. “And the ice creates a time-lapse freeze frame, pardon the pun. It’s a freeze-frame historical record of the methane bubbling.” To study these methane bubbles, Engram and other researchers use small bubble traps to make micro-measurements of methane and then scale them up to the full area. However, she says, those aren’t super accurate. Now, UAF researchers have begun to use what’s called a synthetic aperture radar, or SAR, to better map methane being released from lakes. Basically, a satellite sends a pulse down to a lake. A portion of that pulse bounces back to the satellite in what’s called a backscatter. Backscatters range in luminosity from kind of dim to very bright. Engram and other researchers used SAR to map methane emissions from 48 lakes across five regions of Alaska, including the northern Seward Peninsula near Kotzebue, lakes near Atqasuk — south of Utqiagvik — and the Fairbanks area. Of course, researchers still had to go out to the lakes that SAR was mapping to make sure it actually worked. To Engram’s delight, it did. Engram says the success of using SAR to map out methane emissions in Arctic lakes means the system can monitor thousands of lakes across the state. And that’s not just exciting from a research perspective. Engram says that there isn’t a lot of global data on methane release from lakes, and use of the SAR can help create a baseline to track in the future. That will be useful to climate scientists tracking changes in the atmosphere. Studies show that methane is about 30 times stronger than carbon dioxide as a heat-trapping gas. And while methane is naturally emitted from these lakes, Engram says the amount is drastically dwarfed by the amount produced from those anthropogenic sources. (Source: University of Alaska Fairbanks Water and Environmental Research Center, KOTZ, 17 May, 2020) Contact: University of Alaska Fairbanks Water and Environmental Research Center, Melanie Engram, (907) 474-7789, (907) 474-7041 – fax, nmisarti@alaska.edu R, www.ine.uaf.edu/werc

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

    More Low-Carbon Energy News Methane,  Methane Emissions,  

    More Low-Carbon Energy News Methane,  Methane Emissions,  

    More Low-Carbon Energy News Methane,  Methane Emissions,  


    Nat Gas Futures Launches Emissions Mitigation Project (ind Report)
    Natural Gas Futures
    Date: 2020-05-15
    Natural Gas Futures (NGF) is reporting a collaboration with FortisBC Inc., Seaspan Ferries Corporation, and Solaris Management Consultants Inc. to provide technologies for low-emissions engine systems, and quantitative emission characterization for inventory and policy development purposes.

    To reduce the climate impacts of transportation systems, several approaches have been identified through which greenhouse gas (GHG) emission can be reduced, primarily through CO2 emission reduction. These approaches include electrification of powertrains, bio-derived fuels, and fuels with lower carbon content. For large engine applications (e.g., marine, stationary power generation, remote applications), electrification is not yet realizable, and bio-fuels carry energetic penalties and may require significant engine modifications. For such applications, natural gas (NG) and natural gas from renewable sources (RNG) are attractive alternatives because of their lower CO2 and NOx emissions, and the significant North American NG reserves.

    While natural gas is an attractive engine fuel to reduce these pollutants, it can also result in exhaust-stream CH4 emissions, which have a global warming potential (GWP) 28 times that of CO2 (on a 100 year timescale). Thus, all GHG emissions must be considered to ensure that the benefits of NG and RNG are realized, without also incurring unintentional increases in GHG or other emissions. The key objectives of this project are to:

  • Characterize in-use emissions and engine operation from NG engines, with a particular focus on CH4, CO2, PM, and NOX, under real-world operating conditions.

  • Develop strategies for GHG and other emission reductions, under the partner's operational constraints.

    Provide data and guidance for policy development to support effective implementation of natural gas engines and ensure GHG reductions.

    The project has received $356,566 in research grant funding. (Source: Natural Gas Futures, 13 May, 2020) Contact: Natural Gas Futures, University of British Columbia, 604 827 0790 ngf@cerc.ubc.ca, www.naturalgas.apsc.ubc.ca

    More Low-Carbon Energy News Natural Gas Futures,  Carbon Emissions,  


  • Reykjavik Announces Climate Change Related Funding (Int'l Report)
    Iceland
    Date: 2020-05-08
    In Reykjavik, the Icelandic government has announced several new environmental policies and proposals including grants totaling 550 million ISK ($3,750,000 US) to projects addressing climate change.

    Of the total 550 million ISK, roughly 200 million ISK will be invested in projects aiming to naturally store carbon dioxide long-term in order to reduce levels of greenhouse gases in the earth's atmosphere. Carbon sequestration is a key part of the government's plan to achieve the Paris Climate Agreement's terms.

    Additional grants totaling 75 million ISK will support the creation of new birch forests; 25 million ISK will address land reclamation projects; 60 million ISK for land quality recovery schemes; and 20 million ISK will be dedicated to wetland recovery.

    A further 300 million ISK will be used to reduce Iceland's energy consumption and 50 million ISK has been earmarked for the government's recently launched climate fund to support climate change research and projects raising awareness of the impacts of global warming.

    The release notes the government aims to reduce carbon emissions by 40 pct by 2030. (Source: : Iceland Minister for the Environment, Reykjavik Grapevine, 1 May, 2020) Contact: Iceland Minister for the Environment, Gudmundur Ingi Guobrandsson, www.government.is/ministries/ministry-for-the-environment-and-natural-resources

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


    IMF Calls for Harmonized COVID-19, Climate Change Fight (Int'l.)
    IMF
    Date: 2020-05-01
    Earlier this week, the International Monetary Fund (IMF) called for fiscal measures implemented by governments against the COVID-19 pandemic to be harmonized to combat climate change and ensure an environmentally sustainable recovery from the pandemic.

    The IMF noted that if this recovery is to be sustainable the fight against the climate crisis must be part ov the effort. To that end, "when governments provide financial lifelines to carbon-intensive companies, they should mandate commitments to reduce carbon emissions" should be part of the agreement. Additionally, financial firms should be required to better disclose climate risks in their lending and investment portfolios, the IMF notes/

    The IMF also noted better ways of pricing in climate risk should be found and a substantially higher carbon price is needed to encourage climate-smart investment and to accelerate the shift to cleaner fuels and more energy efficiency. IMF also notes the current global carbon price is only $2 per ton, way below the levels needed to keep global warming under 2 degrees Celsius, which the IMF estimated to be $75 per ton. (Source: IMF, The Nation, 30 April, 2020) Contact: IMF, Kristalina Georgieva, Dir., www.imf.org

    More Low-Carbon Energy News IMF,  Carbon Emissions,  Carbon Tax,  

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