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PSU $4.6Bn Endowment Aims for Net-zero Emissions (Ind. Report)
Penn State University
Date: 2021-04-09
In the Keystone State, the Penn State University Office of Investments has announced it will eliminate greenhouse gas emissions associated with underlying investments, but not necessarily divesting fossil fuels, in Penn's $4.6 billion endowment by 2050.

The goal supports efforts outlined in the 2015 Paris Agreement and the United Nations' Intergovernmental Panel on Climate Change to reduce the world's net anthropogenic emissions to zero by 2050. This announcement builds upon Penn State's annual Climate and Sustainability Action Plan 3.0 report, released on Dec. 1, 2020, which summarized the University's latest progress in environmental sustainability made from 2019 to 2024 with a commitment to achieve a 100 pct carbon-neutral campus by 2042.

Penn State has reduced its overall carbon emissions by 37.2 pct since 2009 and "greened" its physical footprint with 27 buildings achieving US Green Building Council LEED certification, 34 buildings having green roofs, and 14 acres of open space having been added through the creation of Penn Park. In 2020, the University signed a Power Purchase Agreement (PPA) for the construction of two new solar energy facilities which will offset 75 pct of both the academic campus and the University of Pennsylvania Health System's electricity consumption through renewable energy. (Source: Penn State University, PR, The Pennsylvanian, Apr., 2021) Contact: Penn State University, 814-865-6528, www.bursar.psu.edu/endowments

More Low-Carbon Energy News New-Zero Carbon Emissions,  


A4A Commits to Net-Zero Emissions, SAF (Ind. Report)
Airlines for America
Date: 2021-04-07
Airlines for America (A4A), the industry trade organization representing the leading U.S. airlines, announced the commitment of its member carriers to work across the aviation industry and with government leaders to achieve net-zero carbon emissions by 2050 and for a rapid expansion of the production and deployment of commercially viable sustainable aviation fuel (SAF) and to make 2 billion gallons of SAF available to U.S. aircraft operators in 2030.

Many A4A members have set net-zero emissions goals and are already investing in SAF, but the aviation industry requires a similar urgent commitment from policymakers, fuel producers and others in the feedstock and fuel supply chain to achieve meaningful scalability. Additionally, A4A has helped launch the nascent SAF industry and committed to CORSIA to help facilitate achieving carbon-neutral growth in international aviation beginning in 2020, according to the organization's website. (Source: Airlines for America, PR, Website, 30 Mar., 2021) Contact: Airlines for America, Nicholas E. Calio, Pres., CEO, www.airlines.org

More Low-Carbon Energy News Airlines for America news,  Aviation Emissions news,  SAF news,  


WBCSD, NBI Ink Net-Zero Buildings MOU (Ind. Report)
World Business Council for Sustainable Development,New Buildings Institute
Date: 2021-04-05
Reporting from Geneva, the World Business Council for Sustainable Development (WBCSD) and Portland, Oregon-headquartered New Buildings Institute (NBI) are reporting a new Memorandum of Understanding (MOU) defining how the two organizations will collaborate to advance and promote energy efficiency, enhance resilience and achieve carbon reductions in buildings. This is critically important as buildings account for nearly 40 pct of carbon emissions globally.

Specifically, WBCSD and NBI are seeking to develop and disseminate effective solutions for full life cycle decarbonization of new and existing buildings and districts. In addition, the collaboration will work to expand the number of businesses and building owners investing in net-zero performance as well as grow capability of the building industry to meet this demand. Other intentions include accelerated adoption of zero-energy and zero-carbon standards and tools across the entire life cycle of buildings and promotion of the Building System Carbon Framework as a tool enabling decarbonization.

Both organizations work with a variety of stakeholders including building owners, designers, operators, consultants, government officials and businesses with building portfolios. The partnership is intended to engage with the critical market actors to accelerate and scale net-zero policies and practices that will dramatically reduce the carbon footprint of the built environment in the United States and share lessons learned across the world, according to the release. (Source: WBCSD, PR, Apr., 2021) Contact: WBCSD Bill Sisson, Exec. Director, North America, www.wbcsd.org; NBI, Ralph DiNola, CEO, (503) 761-7339, Fax: (503) 968-6160, www.newbuildings.org

More Low-Carbon Energy News World Business Council for Sustainable Development ,  Energy Efficiency,  Net-Zero Emissions,  New Buildings Institute,  


A4A Commits to Net-Zero Carbon Emissions by 2050 (Ind. Report)
Airlines for America
Date: 2021-04-02
Airlines for America (A4A), the industry trade organization representing the leading U.S. airlines, announced the commitment of its member carriers to work across the aviation industry and with government leaders in a positive partnership to achieve net-zero carbon emissions by 2050. As part of that commitment, A4A carriers pledged to work with the government and other stakeholders toward a rapid expansion of the production and deployment of commercially viable sustainable aviation fuel (SAF) to make 2 billion gallons of SAF available to U.S. aircraft operators in 2030.

A4A and its member carriers are committed to working in partnership across the commercial aviation sector and beyond to help advance and deploy commercially viable technology, operations, infrastructure and SAF to meet these ambitious climate goals. At the same time, it is imperative that the U.S. federal, state and local governments implement supportive policies and programs that enable innovation, scale-up, cost-competitiveness and deployment in each of these areas, while avoiding the implementation of policies that would limit the aviation industry's ability to invest in emissions-reducing measures.

Many A4A members have set net-zero emissions goals and are already investing in SAF, but the aviation industry requires a similar urgent commitment from policymakers, fuel producers and others in the feedstock and fuel supply chain to achieve meaningful scalability.

U.S. airlines greenhouse gas (GHG) emissions currently accounts for less than two percent of the nation's GHG emissions inventory. U.S. airlines improved their fuel efficiency by more than 135 pct between 1978 and year-end 2019, saving over five billion metric tons of CO2 -- equivalent to taking more than 27 million cars off the road on average in each of those years. Additionally, A4A has helped launch the nascent SAF industry and committed to CORSIA to help facilitate achieving carbon-neutral growth in international aviation beginning in 2020, according to the organization's website. (Source: Airlines for America, PR, Website, 30 Mar., 2021) Contact: Airlines for America, Nicholas E. Calio, Pres., CEO, www.airlines.org

More Low-Carbon Energy News Airlines for America ,  Aviation Emissions,  SAF ,  


BASF Aiming for Net-Zero Emissions by 2050 (Int'l. Report)
BASF
Date: 2021-03-31
BASF reports it is aiming to reduce its production CO2 emissions by 25 pct by 2030 and to achieve net-zero emissions by 2050. To that end, the company plans to progressively switch to renewable energy sources and to invest up to €1 billion by 2025 in new technologies to reach its climate target and a further €2 billion to €3 billion by 2030.

In 2018, BASF's worldwide emissions totaled 21.9 million metric tons of CO2 equivalents. In 1990, this figure was roughly twice as high. The new 2030 emissions goal represents a reduction of approximately 60 pct compared to 1990 levels, which exceeds the European Union's target of minus 55 pct. (Source: BASF, PR, European Coatings, 30 Mar., 2021)

More Low-Carbon Energy News BASF news,  Net-Zero news,  Carbon Emissions news,  


U. Mich. Endowment Fund Refocusing on Renewables (Ind. Report)
University of Michigan
Date: 2021-03-29
The University of Michigan Board of Regents has announced plans to achieve net-zero carbon footprint status for its $12.5 billion endowment by 2050.

To that end, the Board of Regents plans to move away from fossil fuel holdings in favor of a $140 million investment in solar and wind developments and projects to limit carbon emissions and to hasten the transition to a low-carbon economy, according to a release. (Source: University of Michigan, PR, Mining Journal, 27 Mar., 2021) Contact: University of Michigan, Mark Schlissel, Pres, 734-764-1817, www.umich.edu

More Low-Carbon Energy News Net-Zero Emissions,  Carbon Footprint,  


UK Offshore Energy Transition, Emissions Deal Released (Int'l.)
UK BEIS
Date: 2021-03-26
In London, the UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has released the North Sea Transition Deal, a landmark climate transition agreement to support the offshore oil and gas industry work force and supply chain during the switch to renewable energy and a net-zero emissions economy.

The Deal includes an agreement for early reductions in production-site GHG emissions (not including emissions from product utilization) totaling 10 pctt by 2025, 25 pct by 2027 and 50 pct by 2030, with a goal of reaching net zero by 2050 -- a 15 million tonne reduction in CO2 emissions over the next ten years.

Additionally, the deal commits to delivery of investments of up to $22 billion in new energy technologies, including hydrogen production and carbon capture, usage and storage (CCUS). The government has pledged to spend $1.4 billion on CCUS projects by 2025, and expects to provide additional support for the development of CO2 pipelines, storage sites and wells. The deal also commits to a voluntary industry target of 50 pct local, UK-made content for all new energy technology projects by 2030, with the same set-aside for oil and gas decommissioning activity. (Source: UK BEIS, PR, 24 Mar., 2021) Contact: BEIS, +44 0 20 7215 5000, enquiries@beis.gov.uk, www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy

More Low-Carbon Energy News UK BEIS,  CCS,  Carbon Emissions,  Low-Carbon Energy,  


Bi-Partisan Governors Group Endorses SCALE Act (Reg. & Leg.)
SCALE Act
Date: 2021-03-22
Following up on our Friday, 19 March report, Wyoming Gov. Mark Gordon (R) has joined Gov. Kevin Stitt of Oklahoma (R) , Gov. John Bel Edwards of Louisiana (D), and Pennsylvania Gov. Tom Wolf (D) in support of the recently tables SCALE Act "which aims to develop an interconnected CO2 transport and storage infrastructure to help the U.S. reach net-zero emissions and meet mid-century climate goals."

The SCALE act calls for the build-out of the infrastructure necessary to transport CO2 from where it is captured to where it can be utilized in manufacturing or safely and securely sequestered underground. "We urge Congress to prioritize the inclusion of this critical legislation in any broader infrastructure package, given its essential role in helping to achieve net-zero emissions economy-wide," the jointly signed governors' letter to congress read. (Source: Wyoming News, 20 Mar., 2021) Contact: Office of Wyoming Gov. Mark Gordon, www.governor.wyo.gov/contact

More Low-Carbon Energy News CCS,  Carbon Emissions,  CO2,  SCALE Act,  


NextDecade Launches NEXT Carbon Solutions (Ind. Report)
NextDecade
Date: 2021-03-19
Houston-headquartered natural gas major NextDecade Corporation is reporting the formation of a wholly owned subsidiary NEXT Carbon Solutions, LLC to develop one of the largest carbon capture and storage (CCS) projects in North America at NextDecade's Rio Grande LNG project.

The new company will also advance proprietary processes to lower the cost of utilizing CCS technology; help other energy companies reduce their greenhouse gas (GHG) emissions associated with the production, transportation, and use of natural gas; and generate high-quality, verifiable carbon offsets to support companies in their efforts to achieve net-zero emissions.

NEXT Carbon Solutions' CCS project is expected to reduce permitted CO2 emissions at Rio Grande LNG by more than 90 pct without major design changes to the Rio Grande LNG project. As a result, Rio Grande LNG is expected to be the greenest LNG project in the world, according to the company release. (Source: NextDecade, Website, PR, 18 Mar., 2021) Contact: NextDecade, Matt Schatzman, CEO, (832) 209-8131 phughes@next-decade.com, www.next-decade.com

More Low-Carbon Energy News Carbon Emissions news,  CCS news,  LNG news,  Natural Gas news,  


Maryland Senate Passes Climate Solutions Now Act (Reg. & Leg.)
Maryland State Senate
Date: 2021-03-17
In Annapolis, the Maryland State Senate handily approved the Climate Solutions Now Act which would commit the state to curtailing climate-altering greenhouse gas emissions 60 pct below 2006 levels by 2030 and to achieve net-zero emissions by 2045. The state's current five year old goal is for a 40 pct emission reduction by 2030.

The new legislation orders the following climate change related initiatives:

  • Planting 5 million trees statewide, with 10 pct to go in underserved areas;

  • Requiring increased electric efficiency from utilities;

  • Shifting the state's fleet of transit buses and other vehicles to zero-emission electric motors;

  • Mandating carbon neutrality in most new state buildings and setting new energy conservation requirements for all buildings;

  • Making all newly constructed schools at least "solar-ready";

  • Addresses environmental justice concerns, directing state agencies to identify communities disproportionately affected by climate change and to take steps to ensure equitable investments in the mitigation efforts. (Source: Maryland State Senate, Mar., 2021) Contact: Maryland State Senate Office, (410) 260-6400; www.msa.maryland.gov/msa/mdmanual/05sen/html/sen.html

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


  • Canada Outlines GHG Credit Trading System (Ind. Report)
    Environment and Climate Change Canada
    Date: 2021-03-10
    Reporting from Ottawa, Environment and Climate Change Canada has announced draft regulations to establish the market-based Federal Greenhouse Gas Offset System to reduce carbon emissions, spur innovation and private-sector investment in economic activities that lead to further emissions reductions and create jobs.

    The offset rules will be part of the 2018 Greenhouse Gas Pollution Pricing Act, which enabled a sweeping tax on emissions on everything from industrial pollution to home-heating fuel, and will support a domestic carbon trading market under Canada's carbon price for industry -- the Output-Based Pricing System (OBPS) -- under which regulated facilities that exceed their emission limits can provide compensation by purchasing federal offset credits -- an additional lower-cost option -- generated from activities not already incentivized by carbon pollution pricing.

    Once established, the Federal Greenhouse Gas Offset System will stimulate demand for projects across Canada that reduce greenhouse gases and generate federal offset credits. The ability to generate and sell federal offset credits creates opportunities for farmers, foresters, Indigenous communities, municipalities, and other project developers to earn revenues from greenhouse-gas reductions and removals.

    Protocols for high priority project types are currently under development in parallel to the regulation to give industries additional lower-cost compliance options. For example, under the Landfill Methane Management Protocol, which is currently under development, a municipality could install technology to collect methane that would otherwise be emitted into the atmosphere. The municipality could earn federal offset credits, which it could sell to industrial facilities regulated under the Output-Based Pricing System. Canada is aiming for net-zero emissions by 2050. (Source: Environment and Climate Change Canada, Website PR, Mar., 2021) Contact: Environment and Climate Change Canada, www.canada.ca/en/environment-climate-change.html

    More Low-Carbon Energy News Environment and Climate Change Canada ,  Carbon Credit,  Carbon Tax,  GHG,  Carbon Offset,  


    Wells Fargo Pledges Net-Zero GHG Emissions by 2050 (Ind. Report)
    Wells Fargo
    Date: 2021-03-10
    San Francisco-based banking giant Wells Fargo -- the country's 6th largest bank with $1.9 trillion in assets -- reports it is setting a goal of net-zero greenhouse gas emissions -- including its financed emissions -- by 2050.

    To that end, Wells Fargo will: measure and disclose financed emissions for select carbon-intensive portfolios; set interim emission reduction targets; deploy more capital to finance climate innovation; and continue to work with its clients on their own emissions reductions efforts.

    The bank will also launch an Institute for Sustainable Finance to manage the deployment of $500 billion of financing to sustainable businesses and projects by 2030, as well as support science-based research on low-carbon solutions and advocate for policies that enable client transitions. (Source: Wells Fargo & Company, PR, 8 Mar., 2021) Contact: Wells Fargo, www.wellsfargo.com

    More Low-Carbon Energy News Wells Fargo,  Carbon Emissions,  Net-Zero Emissions,  


    NDP Launches Climate Plan for Ontario (Ind. Report)
    New Democratic Party
    Date: 2021-03-08
    In Toronto, the New Democratic Party of Canada (NDP) is touting its Ontario Climate. Jobs. Justice. A Green New Democratic Deal and its commitment to make Ontario net-zero by 2050 and creating as many as one million total jobs throughout the life of the deal. The NDP Plan calls for:
  • A mandate for all newly built public, residential and commercial buildings to be net-zero emissions by 2030, alongside a world-leading building energy efficiency retrofit program;

  • Ontario's first zero-emissions vehicle strategy, ramping up electric vehicle sales to hit a 100 pct target by 2035, requiring all new home construction to include electric vehicle charging capacity and giving $600 for installation of residential electric vehicle charging stations at existing homes;

  • Electrifying all municipal transit fleets and systems by 2040;

  • A new, more fair emissions cap-and-trade program;

  • Establishing Ontario's first Youth Climate Corps and planting one billion trees by 2030;

  • Restoring the powers of the provincial Environment Commissioner.

    The NDP plan stands in stark contrast to Conservative Premier Doug Ford's "anti-environment crusade that has gutted conservation authorities, paid hundreds of millions of dollars to tear down wind farm projects and cancelled Ontario's cap-and-trade program." (Source: New Democratic Party, PR, Mar., 2021) Contact: New Democratic Party of Canada, www.ndp.ca

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


  • Philippines Office Portfolio Achieves Net-Zero Emissions (Int'l.)
    AboitizPower,Philippine Green Building Council
    Date: 2021-02-22
    In Manila, Philippine Green office developer NEO reports it has achieved net-zero carbon energy by using 100-pct renewable energy from AboitizPower's Cleanergy.

    NEO holds a 5-star certification under the Advancing Net Zero Philippines (ANZ PH) program, which verifies a development's net-zero carbon energy emissions. The property manager earned the ANZ PH certifications for three of its office buildings under the ANZ PH pilot program and anticipates receiving the same 5-star certifications for the remaining four buildings of its portfolio.

    The ANZ PH program is the Philippine Green Building Council's (PhilGBC) rating scheme to assess a building's energy performance in line with the global campaign Advancing Net Zero of the World Green Building Council.

    The NEO office portfolio, which are all rated 5 stars under the Building for Ecologically Responsive Design Excellence (BERDE) certification system, also won outstanding awards from the Department of Energy during the 2020 Energy Efficiency Green Building Awards last December. (Source: NEO, Manila Times, 20 Feb., 2021) Contact: NEO, Raymond Rufino , CEO, www.facebook.com/NEOOfficePh; AboitizPower, +63 2 8-886-2800 Fax No. +63 2 8-817-3560, www.aboitizpower.com; Philippine Green Building Council, www.philgbc.org

    More Low-Carbon Energy News Net-Zero Carbon Emissions,  Renewable Energy,  ,  


    IBM Aims for Net-Zero GHG Emissions by 2030 (Ind. Report)
    IBM
    Date: 2021-02-19
    IBM is reporting it aims to reach net-zero CO2 emissions by 2030 and will have reduced its greenhouse gas emissions by 65 pct by 2025 compared to its 2010 emission levels. IBM notes its net-zero target is "based on the energy the company can actually consume, not on the purchase of unrelated, un-bundled renewable energy certificates."

    The company also notes it will procure 75 pct of its worldwide electric power from renewable energy sources by 2025, and hit 90 pct renewable consumption by 2030. The company also plans to use carbon capture by 2030 to remove emissions in "an amount which equals or exceeds the level of IBM's residual emissions" or those emissions IBM still produces after exhausting all avenues to reduce is greenhouse emissions.

    As we reported on 15 July, 2020, IBM, a Founding Member of the Climate Leadership Council, reduced its operational CO2 emissions by 39.7 pct since 2005, well ahead of its goal of a 40 pct reduction in CO2 emissions by 2025. The company also noted 47 pct of the electricity it consumed in 2019 came from renewable sources, keeping the company on track to get 55 pct of its electricity from renewables by 2025. (Source: IBM, PR, ZD Net, 17 Feb., 2021)Contact: IBM, www.ibm.com/us-en

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


    ENVIVA Targets Net-Zero Operations by 2030 (Ind. Report)
    Enviva Biomass, Finite Carbon
    Date: 2021-02-17
    Bethesda, Maryland-headquartered ENVIVA, a leading global renewable energy company specializing in sustainable wood bioenergy, has announced its goal of achieving net-zero greenhouse gas (GHG) emissions from its operations by 2030.

    This commitment to climate action reinforces ENVIVA's core purpose to displace coal, grow more trees, and fight climate change. It sets forth an ambitious plan for eliminating GHG emissions from its operations in keeping with international climate goals, including the Paris Agreement's goal to limit global temperature rise to 1.5 degree C. To that end, ENVIVA will:

  • Reduce, eliminate or offset all of its direct emissions. Enviva will immediately work to minimize the emissions from fossil fuels used directly in its operations -- its Scope 1 emissions.

  • Source 100 pct renewable energy by 2030with an interim target of at least 50 pct by 2025.

  • Drive innovative improvements in its supply chain and proactively engage with partners and other key stakeholders to adopt clean-energy solutions.

  • Transparently report progress. Enviva will track and publish its progress in reducing its emissions annually and intends to disclose climate-relevant data and risks through CDP (formerly the Carbon Disclosure Project) by the end of 2022.

    ENVIVA's sustainably sourced wood is used to manufacture wood pellets as a drop-in alternative to fossil fuels. ENVIVA exports its sustainable wood pellets primarily to the U.K., Europe, the Caribbean and Japan, enabling its customers to reduce their carbon emissions by more than 85 pct on a lifecycle basis, helping them reach their greenhouse gas emissions reduction targets with renewable energy, according to the ENVIVA release. (Source: ENVIVA, PR, 17 Feb., 2021) Contact: ENVIVA Partners, LP, (301) 657-5560, www.envivabiomass.com; Carbon Disclosure Project, CDP, Lance Pierce, Pres. North America, (212) 378 2086, info.northamerica@cdp.net, www.cdp.net

    More Low-Carbon Energy News Carbon Disclosure Project,  ENVIVA,  Enviva,  Net-Zero Emissions,  Wood Pellet,  Woody Biomass,  


  • Bank of America Pledges Net-Zero Emissions by 2050 (Ind. Report)
    Bank of America
    Date: 2021-02-15
    With assets of $2,031,940,000, the Bank of America -- the country' second largest bank by assets -- reports it is aiming to reach net-zero greenhouse gas emissions in its financing activities, operations and supply chain by 2050.

    To that end, Bank of America will need to eliminate greenhouse gas emissions from its own operations as well as engage with its borrowers in order to "help accelerate their own transitions to net zero." The bank notes it plans to establish interim science-based emissions targets for "high-emitting portfolios, including energy and power."

    In the announcement, Bank of America laid out initial steps to cut its operational emissions by 2030, which include purchasing 100 pct zero carbon electricity and reducing energy use and potable water use by 55 pct, among other initiatives. The bank is also set to disclose its financed emissions by 2023 through the Partnership for Carbon Accounting Financials. (Source: Bank of America, PR, Feb., 2021) Contact: Bank of America, www.bankofamerica.com; Partnership for Carbon Accounting Financials, www.carbonaccountingfinancials.com

    More Low-Carbon Energy News Greenhouse Gas,  GHGs,  Bank of America,  Carbon Emissions,  Net-Zero Emissions,  


    Nordea Bank Targets Net-Zero Emissions by 2050 (Int'l. Report)
    Nordea Bank
    Date: 2021-02-12
    Helsinki-headquartered Nordea Bank reports its has updated its plan to fully integrate sustainability into its business strategy with a long-term objective to become a net zero emissions bank by 2050 at the latest.

    To that end Nordea aims to reduce carbon emissions from its lending and investment portfolios by 40-50 pct by 2030, as well as reduce its internal carbon emissions by at least 50 pct and achieve net-positive carbon contribution by 2030. The baseline measurement for the objectives is 2019.

    Nordea , with €401.80 billion in assets, is Finland's largest bank. (Source: Source: Nordea, PR, 10 Feb. 2021) Contact: Nordea, Frank Vang-Jensen, CEO, www.nordea.com

    More Low-Carbon Energy News Net-Zero Emissions,  


    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,  


    Viridor Joins Carbon Capture and Storage Assoc. (Int'l. Report)
    Carbon Capture and Storage Association
    Date: 2021-01-27
    In the UK, Somerset-based Viridor Waste Management reports it has joined the Carbon Capture and Storage Association (CCSA), making it the first company from the waste sector to do so.

    The CCSA was established to ensure that carbon capture, utilisation and storage (CCUS) is recognised as an essential solution to deliver net-zero emissions across the economy. The CCSA works to ensure CCUS is developed and deployed at the pace and scale necessary to meet net-zero goals. CCSA members include industry, equipment manufacturing, oil and gas, distribution, academia and regional bodies, as well as the associated supply chain and service sector.

    Viridor Waste Management Ltd. has the UK's largest network of more than 300 advanced recycling, energy recovery and landfill diversion facilities. The company works in partnership with more than 150 local authority and major corporate clients with 32,000 customers across the UK. (Source: Viridor, PR, 26 Jan., 2021) Contact: Viridor, Tim Rotheray, Director of Environment, Innovation and Regulation, +44 0 1823 721400, www.viridor.co.uk; Carbon Capture and Storage Association, www.ccsassociation.org

    More Low-Carbon Energy News CCUS,  CCS,  Viridor,  Carbon Capture and Storage Association ,  


    Keystone XL Commits to 100 pct Renewable Energy (Ind. Report)
    TC Energy
    Date: 2021-01-20
    Houston-headquartered TC Energy Corporation, developer of the controversial Keystone XL pipeline project from Alberta to the Texas Gulf coast, is reporting the operation will be fully powered by renewable energy sources no later than 2030. The company will also achieve net-zero emissions across the project operations when it is placed into service in 2023.

    The implementation of this initiative is expected to eliminate more than 3 million tpy of CO2 emissions -- equivalent of removing approximately 650,000 cars from the road.

    As part of this announcement, TC Energy is expected to spur an investment of over $1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity. (Source: Keystone XL, PR, 17 Jan., 2021) Contact: KeystoneXL, Richard Prior,, Pres., CEO, 866-717-7473, keystone@tcenergy.com, www.keystonexl.com

    More Low-Carbon Energy News Keystone XL,  TC Energy,  Carbon Emissions,  Renewable Energy,  


    Keystone XL Commits Net-Zero Emissions by 2023 (Ind. Report)

    Date: 2021-01-20
    Houston-headquartered TC Energy Corporation is reporting a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company's ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today.

    Implementation of the initiative is expected to eliminate more than 3 million tpy of CO2 from the pipeline project's operations -- equivalent of removing approximately 650,000 cars from the highway. TC Energy is expected to spur an investment of over $1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 GW of renewable electric capacity, according to the release.

    By implementing this initiative, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 pct in recent years and they are expected to fall another 27 pct by 2030.

    Net zero emissions will be achieved when the pipeline is placed into service by purchasing renewable energy from electricity providers the purchase of renewable energy credits (REC) or carbon offsets.

    The pipeline would carry heavy Canadian tar-sands oil from Alberta to refineries and ports on the Texas Gulf of Mexico via connections in the U.S. Midwest. Former President Barack Obama had killed the $8 billion Keystone XL project saying that it would cause emissions linked to climate change and do little for U.S. drivers. President Donald Trump resurrected the 830,000 barrels-per-day project two months after taking office in 2017. Incoming Pres. Jor Biden has indicated he will kill the project almost immediately upon entering the White House. (Source: Keystone XL, PR, 17 Jan., 2021) Contact: KeystoneXL, Richard Prior,, Pres., CEO, 866-717-7473, keystone@tcenergy.com, www.keystonexl.com


    Vermont Gas Committed to Net-Zero by 2050 (Ind. Report)
    Vermont Gas
    Date: 2021-01-20
    In South Burlington, Vermont Gas Service (VGS) has filed its Integrated Resource Plan (IRP) reaffirming its commitment to climate change action, a decarbonized thermal energy future and an affordable pathway to net-zero emissions by 2050.

    The Filing represents a shift from prior planning models. While the Company will continue to add customers within its existing footprint, this plan considers decreasing natural gas loads and strategies under which VGS can promote such further reductions through efficiency and weatherizations, as well as meeting the needs of customers through expanded energy services.

    VGS serves over 54,000 homes, businesses, and institutions in Franklin, Chittenden and Addison counties. The company plays an important role in Vermont's clean energy future by displacing higher-emitting fuels, offering renewable natural gas service, and delivering award-winning energy efficiency programs. VGS is leading the country in the development of local renewable energy generation and has targeted a 30 pct reduction in greenhouse gas emissions by 2030 and full elimination by 2050. (Source: Vermont Gas, PR, 18 Jan., 2021) Contact: Vermont Gas, Neale Lunderville, CEO, Beth Parent, Brand Manager, (802) 865-1460 / (802) 578-2776, bparent@vermontgas.com, www.vgsvt.com

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


    PepsiCo Pledges Net-Zero Carbon Emissions by 2040 (Ind. Report)
    PepsiCo
    Date: 2021-01-15
    Beverage giant PepsiCo Inc. is pledging to achieve net-zero greenhouse gas emissions by 2040. The company's goals include curbing absolute emissions across its direct operations by 75 pct and its Scope 3 emissions -- those generated in the supply chain or by customers using the products -- by 40 pct from 2015 levels by 2030. Currently, Scope 3 emissions account for about 91 pct of PepsiCo's carbon footprint, according to Jim Andrew, chief sustainability officer.

    PepsiCo's climate goals were approved by the Science Based Targets initiative, a collaboration of leading nonprofits that helps companies ensure their strategies match scientific need. The company has also signed on to the Business Ambition for 1.5 degree C pledge. (Source: PepsiCo Inc., Website PR, Jan., 2021) Contact: PepsiCo, www.pepsico.com/contact; Science Based Targets Initiative

    More Low-Carbon Energy News Net-Zero Emissions news,  Carbon Emissions news,  Science Based Targets Initiative news,  


    UK Port of Tyne Fine Tunes Decarbonization Strategy (Int'l.)
    Port of Tyne
    Date: 2021-01-08
    In the UK, the deep-water Port of Tyne in the north-east of England reports completion of a detailed modelling exercise and long-term analysis of its electric power network as part of its decarbonisation and clean energy strategy.

    The analysis is intended to help port management understand both current and future energy requirements in line with Tyne's roadmap to net-zero emissions -- carbon neutrality by 2030 and an all-electric port by 2040.

    In reaching its goal, the Port of Tyne recently invested in a fleet of electric vehicles, LED lighting and smart energy monitoring meters in every building and asset, and is presently evaluating the potential for installing solar panels on warehouse buildings. Port of Tyne has also launched Tyne Clean Energy Park as a strategic base for the region's rapidly growing renewable energy sector.

    Port of Tyne is one of the UK's largest Trust Ports and is entirely self-financing with no government support. (Source: Port of Tyne, SmartCitiesWorldNews, 5 Jan., 2021) Contact: Port of Tyne Authority, Matt Beeton, CEO , +44 191 257 1373, www.portoftyne.co.uk

    More Low-Carbon Energy News Port of Tyne,  Carbon Emissions,  


    Lenovo Plans Global Product Carbon Offset Launch (Ind. Report)
    Lenovo
    Date: 2021-01-06
    As part of its ongoing CO2 Offset Services initiative, computer manufacturer Lenovo is touting its recent carbon offsetting scheme for customer purchases of its Think-branded products worldwide. The offset scheme accounts for emissions produced from the manufacture and shipping of each individual product and up to five years of consumer use. Offsets are delivered through projects overseen by the UN and ClimeCo, -- one of the largest producers of US-based carbon credits.

    The programme was initially launched as a pilot in the Nordics in February. During the first nine months, customers helped offset 26,000 tonnes of carbon emissions, the equivalent to almost 1,800 European flights.

    . Lenovo is focusing on long-term decarbonisation. Last year, the company set science-based targets to halve emissions from its operations and reduce value chain impacts by 25 pct by 2030, with a view to reaching net-zero emissions by 2050. The new targets have been approved by the Science Based Targets Initiative (SBTi) and are aligned to limiting global temperature rise to 1.5C above pre-industrial levels, as envisioned by the Paris Agreement. (Source: Lenovo, PR, edie 6 Jan., 2020) Contact: Lenovo, www.lenovo.com

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


    Scottish GHG Reduction, CCUS Project Shares Funding (Int'l.) Report)
    Neccus
    Date: 2021-01-04
    In Scotland , Aberdeen-based Neccus reports it is one of six projects across the uk that will share £8 million in government funding to develop a net-zero road map to enable a sustainable reduction in large-scale industrial CO2 emissions.

    The six projects will receive a share of the multi-million-pound funding as part of a drive to create the world's first net-zero emissions industrial zone by 2040. All six areas receiving funding have high concentrations of industrial activity. The "industrial clusters mission" aims to support the delivery of four low-carbon regional zones by 2030 and at least one net-zero "green hotspot" by 2040, kick-started by the government's £170 million industrial decarbonisation challenge.

    The six winners will produce detailed plans for reducing emissions across major areas of industrial activity, where related industries have congregated and can benefit from utilising shared clean energy infrastructure such as carbon capture utilisation and storage (CCUS).

    NECCUS is an alliance of industry, government and experts, united by their determination to drive the changes and support the programmes needed to reduce carbon emissions from industrial sources in Scotland and beyond. At the heart of the NECCUS Alliance is a project known as Acorn which is set to deliver a carbon capture and storage programme for Scotland by 2024 and which can be scaled-up to support other carbon reduction projects across the UK and Europe in the 2020s. The project will also enable hydrogen to be used more widely as a source of clean energy. Both these technologies will be crucial if Scotland is to meet its carbon net zero target by 2045 and the UK by 2050, according to the Neccus website. (Source: Neccus, The Scotsman, 2 Jan., 2021) Contact: Neccus, www.neccus.co.uk

    More Low-Carbon Energy News CCUS,  GHGs,  Carbon Emissions,  


    Buildings-Related Carbon Emissions Hit Record High (Int'l.)
    UN Environment Programme
    Date: 2020-12-21
    A new UN Environment Programme, Energy and Climate Branch report finds emissions from the operation of buildings hit a highest-ever level in 2019. Including construction, the building sector now accounts for 38 pct of total global CO2 emissions.

    The 2020 Global Status Report for Buildings and Construction, from the Global Alliance for Buildings and Construction (GlobalABC) found that while global building energy consumption remained steady year-on-year, energy-related CO2 emissions increased to 9.95 GtCO2 in 2019. This increase was due to a shift away from the direct use of coal, oil and traditional biomass towards electricity, which had a higher carbon content due to the high proportion of fossil fuels used in generation.

    When adding emissions from the building construction industry on top of operational emissions, the sector accounted for 38 pct of total global energy-related CO2 emissions., according to the report.

    To get on track to net-zero carbon building stock by 2050, the International Energy Agency (IEA) estimates that direct building CO2 emissions need to fall by 50 pct and indirect building sector emissions by 60 pct by 2030. This equates to building sector emissions falling by around 6 pct per year until 2030, close to the 7 pct decrease in 2020 global energy sector CO2 emissions due to the pandemic. (Source: UN Environment Programme, Energy and Climate Branch, UNEP, PR, Dec., 2020) Contact: UNEP, Sophie Loran , +33-601-377-917, Sophie.Loran@un.org, www.unep.org

    More Low-Carbon Energy News Net-Zero Emissions,  IEA,  UN Environment Programme,  


    Notable Quote from UK Energy Regulator (Int'l.)
    Ofgem
    Date: 2020-12-21
    "Net zero (carbon) is the goal. We must make it happen." -- Jonathan Brearley, CEO, Ofgem, Telegraph, 20 Dec., 2020. Ofgem is the UK energy regulator. Contact: Ofgem, Jonathan Brearley, CEO, +44 0207 901 7225, www.ofgem.gov.uk

    More Low-Carbon Energy News Net-Zero Emissions,  Ofgem,  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,  


    Coal Major Glencore Pledges Net-Zero Emissions by 2050 (Int'l.)
    Glencore
    Date: 2020-12-07
    Following up on our June 1st report, Swiss-headquartered and London listed coal mining giant Glencore has raised its pledge to reduce its direct and indirect greenhouse gas emissions footprint by 40 pct compared to 2019 levels by 2035, before reaching net-zero emissions by 2050.

    To that end, Glencore noted it would: be "investing in the commodities the world needs" such as copper, cobalt, and nickel which are all essential for battery technologies and renewable energy infrastructure ; curbing coal production; supporting the deployment of low emission and carbon capture and storage (CCS) technology and "engaging with its customers and supply chain partners." (Source: Glencore, PR, Dec., 2020) Contact: Glencore, Ivan Glasenberg, CEO, www.glencore.com

    More Low-Carbon Energy News Glencore,  Coal,  Carbon Emissions,  Net-Zero Emissions,  


    UK Ten Point Plan for Green Industrial Revolution (Report Attached)

    Date: 2020-11-30
    The attached UK "Green Revolution" Ten Point Plan will mobilize £12 billion of government investment, and potentially three-times as much from the private sector, to create, train and support up to 250,000 green jobs.

    "We (the Ten Point Plan) will turn the UK into the world's number one centre for green technology and finance, laying the foundations for decades of economic growth by delivering net-zero emissions," according to PM Boris Johnson.

    Download PM Boris Jonson's Ten Point Plan HERE. (Source: Gov. UK, 18 November 2020)

    More Low-Carbon Energy News Renewable Energy,  Climate Change,  Green Revolution,  


    OPG Commits to Net-Zero Emissions by 2040 (Ind. Report)
    Ontario Power Generation
    Date: 2020-11-27
    In Toronto, Ontario Power Generation (OPG) has released its Climate Change Plan that includes an increased use of renewable energy, ambitious goals aimed at driving efficient, economy-wide decarbonization and economic renewal, while protecting the environment.

    The plan builds on the utility's decades of work to reduce its carbon footprint. In 2014, the company delivered the world's single largest climate change action to date when it stopped burning coal for electricity, and has continued to demonstrate clean power leadership with the expansion of its hydro fleet and partnerships such as the Gull Bay micro grid and Nanticoke Solar facility. OPG is currently working on refurbishing the Darlington Nuclear Generating Station, which is one of Canada's largest clean power projects. Once refurbished, the continued operation of Darlington will avoid an estimated 297 million tpy of carbon emissions.

    "Our goals will be guided by several principles including: a commitment to adapt to new technologies and changing policies, be as transparent as possible, follow scientific evidence, respect Ontario customers, and meaningfully engage with Indigenous communities," the release notes.

    Download the OPG Climate Change Plan.HERE. (Source: OPG, Website PR, 26 Nov., 2020) Contact: OPG Media Relations, 416-592-4008 , www.opg.com

    More Low-Carbon Energy News Climate Change news,  Net-Zero Emissions news,  Ontario Power Generation news,  Climate Change news,  


    UK Plan for a Green Industrial Revolution (Int'l Report Attached)

    Date: 2020-11-20
    The recently released Ten Point Plan will mobilize £12 billion of government investment, and potentially 3 times as much from the private sector, for green-- renewable energy technology and finance, laying the foundations for decades of economic growth by delivering net-zero emissions in a way that creates jobs

    The UK, the first major economy to embrace a legal obligation to achieve net-zero carbon emissions by 2050, will establish Task Force Net Zero to advance this national priority, and through next year's COP26 Summit,will urge countries and companies worldwide to join the UK in delivering net zero globally.

    Download the UK Ten Point Plan for a Green Industrial Revolution policy paper HERE. (Source: Gov. UK Dept. for Business, Energy and Industrial Strategy, Nov., 2020) Contact: UK Dept. for Business, Energy and Industrial Strategy, www.gov.uk/government/organisations/department-for-business-energy-and-industrial-strategy

    More Low-Carbon Energy News Green Energy,  Renewable Energy,  Climate Change,  


    Trudeau Tables New Cdn. Net-Zero Emissions Legislation (Reg. & Leg.)
    Canada Climate Change
    Date: 2020-11-20
    In Ottawa, the Government of Prime Minster Justin Trudeau (Lib) Ministry of Environment and Climate Change has tabled new "legally binding" legislation -- bill C-12 -- that would force current and future federal governments to set binding climate targets although the bill fails to specify penalties for non compliance. If passed into law, federal governments would be required to set five-year interim emissions reduction targets over the next 30 years to ensure progress toward reaching "net-zero" by 2050.

    The legislation calls for the creation of an outside 15-member advisory board composed of climate experts, scientists and Indigenous representatives, among others to advice the minister on setting targets and the best "sectoral strategies" that are "deemed effective" for achieving net-zero. The legislation also requires the minister to a plan in Parliament outlining how Ottawa will meet those targets as well as annual reports on the bill's progress.

    Canada's carbon reduction target, set by the former Conservative government in May 2015, is to reduce emissions by 30 pct compared to 2005 levels by 2030. Current policies -- including the carbon tax, banning coal power plants and regulating methane emissions in the oil and gas industry -- will only get Canada about two-thirds of the way to its goal.

    While the government describes this legislation as "legally binding," there would be no tangible penalty applied if the country fails to drive down emissions as promised. In short, bill C-12 appears to be little more than political window dressing.

    As previously reported in Nov, 2019, Prime Minister Trudeau committed Canada to reaching net-zero emissions by 2050 and to reduce CO2 levels by 30 pct by 2030. In December 2018, Climate Change Canada projected Canada's total emissions by 2030 are only on track to be 19 pct -- not 30 pct -- below 2005 levels. (Source: Environment Canada, Various Media, CBC News, 19 Nov., 2020) Contact: Environment and Climate Change Canada, (800) 668-6767, www.canada.ca › environment-climate-change

    More Low-Carbon Energy News Environment Canada,  Net-Zero Emissions,  Climate Change,  Trudeau,  


    Portland General Electric Sets 2040 Net-Zero GHG Goal (Ind. Report)
    Portland General Electric
    Date: 2020-11-20
    In Oregon, Portland General Electric (PGE) has announced a new climate change action plan aimed at achieving net-zero greenhouse gas emissions (GHG) across its operations by 2040. The plan initially focuses on lowering the GHG associated with power supplies to clients by 80 pct by 2030 as compared to 2010 levels.

    To that end, PGE will shut down coal-fired power capacity , more renewables, such as wind, solar and battery storage switch more than 60 pct of its vehicle fleet to electric vehicles by 2030.

    PGE noted that reaching the 2040 goal will require policy, regulatory and technology advancements that support the thorough elimination of GHG from power supply. (Source: Portland General Electric, PR, Website, 19 Nov., 2020) Contact: PGE, Maria Pope, CEO, Steve Corson, (503) 464-8444, www.portlandgeneral.com

    More Low-Carbon Energy News Portland General Electric ,  PGE,  Net-Zero Emissions,  GHG,  


    Occidental, ConocoPhillips Pledge Net-Zero Emissions (Ind. Report)
    Occidental, ConocoPhillips
    Date: 2020-11-13
    Houston,headquartered petroleum major Occidental Petroleum is reporting it will reach net-zero emissions for all the oil and gas it produces by 2040, but did not specify how it would meet its self imposed goal. The company has advocated policies that support CCS technology, including the 2018 expansion of a tax credit that provides $35 per ton of captured CO2 used for oil production, and $50 per ton for CO2 simply stored underground.

    In an Oct. 19 press release, ConocoPhillips, also based in Houston, announced the adoption of a comprehensive framework to manage climate-related risk, meet energy demand and zero- out its direct greenhouse gas emissions, which are much less than the emissions that come from burning the oil and gas the company sells. Taken together, the two corporate pledges could increase pressure on ExxonMobil and Chevron, the nation's largest oil companies, which have yet to announce such far-reaching goals. (Source: Occidental Petroleum, ConocoPhillips, Inside Climate News, 12 Nov., 2020) Contact: Occidental Petroleum, www.oxy.com; ConocoPhillips, www.conocophillips.com

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


    Arizona Plan Calls for Carbon-Free Utilities by 2050 (Ind. Report)
    Arizona Corporation Commission
    Date: 2020-11-11
    In Phoenix, the Arizona Corporation Commission (ACC) is reporting tentative approval of a plan requiring the state's regulated utilities to produce all of their power from carbon-free sources by 2050.

    The plan sets interim goals of cutting carbon emissions in half by 2035, and by three-quarters by 2040. If given final approval, the changes would put Arizona's energy efficiency standards on par with California, Colorado, Nevada and other western states, according to the release. (Source: Arizona Corporation Commission, PR, Public News Serv., 10 Nov., 2020) Contact: Arizona Corporation Commission, Carolyn Buck, Sec.,602-542-3931 , cbuck@azcc.gov, www.azcc.gov

    More Low-Carbon Energy News Arizona Corporation Commission news,  Renewable Energy Net-Zero Emissions news,  


    Malaysian Oil Giant Targets Net-Zero Emissions by 2050 (Int'l.)
    Petronas
    Date: 2020-11-04
    In Kuala Lumpur, Malaysian oil and gas giant Petronas is reporting plans to be the first state-owned Asian energy company to achieve net-zero emissions by 2050.

    To that end, Petronas reports it will optimize hydrocarbon efficiency and carbon capture, employ more low-carbon and renewables-based solutions, and advance emission reduction technologies as part of its strategy to achieve its carbon neutrality goal.

    Petronas produces roughly 1.8 million bpd of oil equivalent (boe/d), is a major LNG exporter and operates about 400,000 bpd of refining capacity. (Source: Petronas, PR, 3 Nov., 2020) Contact: Petronas, www.petronas,com

    More Low-Carbon Energy News Carbon Emissions,  


    CF Ind. Commits to CCS, Net-Zero Emissions by 2050 (Ind. Report)
    CF Industries Holdings
    Date: 2020-10-30
    Deerfield, Illinois-based hydrogen and nitrogen products specialist CF Industries Holdings, Inc. has announced steps to support a global hydrogen and clean fuel economy through the carbon-free production of green and low-carbon ammonia.

    To that end, the company Board of Directors has authorized carbon capture and storage and other carbon abatement projects across its production facilities. The company is aiming for a 25 pct reduction in CO2e emissions intensity by 2030 and net-zero carbon emissions by 2050. Additionally, the company has signed low-carbon and CCS Memorandums of Understanding with ThyssenKrupp and Haldor Topsoe. (Source: CF Industries Holdings, PR, Contact: CF Industries Holdings, Tony Will, CEO, www.cfindustries.com

    More Low-Carbon Energy News Green Hydrogen,  CCS,  


    AZ Regulators Mandate 100% Carbon-Free Energy by 2050 (Reg. & Leg.)
    Arizona Corporation Commission
    Date: 2020-10-30
    In Phoenix, the Arizona Corporation Commission reports approval of new regulations requiring electric utilities to source half of their power from renewable energy by 2035 and phase out utility coal- and natural-gas-burning power plants to cut carbon emissions in half by 2032 and 75 pct by 2040, rising to net-zero emissions in 2050. The carbon reductions would be based on how much carbon a utility's power plants emitted on average in the years 2016-18.

    The new rules update the state's 2006 Renewable Energy Standard and Tariff. (Source: Arizona Corporation Commission, PR, Arizona Republic, 29 Oct., 2020) Contact: Arizona Corporation Commission, www.azcc.gov

    More Low-Carbon Energy News Arizona Corporation Commission news,  Renewable Energy Net-Zero Emissions news,  


    Notable Quote on Global Emissions
    International Energy Agency
    Date: 2020-10-14
    "Despite a record drop in global emissions this year, the world is far from doing enough to put them into decisive decline. Only faster structural changes to the way we produce and consume energy can break the emissions trend for good.

    "Governments have the capacity and the responsibility to take decisive actions to accelerate clean energy transitions and put the world on a path to reaching our climate goals, including net-zero emissions." -- Fatih Birol, Exec. Dir., International Energy Agency (IEA, Oct., 2020 www.iea.org

    More Low-Carbon Energy News International Energy Agency,  Carbon Emissions,  


    Europe's Largest Bank Aims for Net-Zero Carbon by 2050 (Intl. Report)
    HSBC Bank
    Date: 2020-10-12
    London-listed, Asia-focused HSBC Bank reports it aims to "align its financed emissions -- the carbon emissions of its portfolio of customers -- to the Paris Climate Agreement goal to achieve net zero by 2050 or sooner." The bank -- Europe's largest with €2,219 billion in assets -- also aims to be net-zero in its operations and supply chain by 2030, according to a release.

    HSBC has earmarked between $750 billion and $1.0 trillion to assist the transition. Banking major Barclays committed to zero-carbon by 2050 in March as have oil giants BP and Shell which recently confirmed their commitment to meet the Paris Climate Agreement goal of net-zero carbon emissions by 2050. (Source: HSBC, The Edition, 9 Oct., 2020) Contact: HSBC, www.hsbc.com

    More Low-Carbon Energy News HSBC Bank,  Paris Climate Agreement,  Net-Zero Emissions,  Climate Change,  BP,  Shell,  


    UK Concrete and Beyond Net-Zero Emissions (Int'l. Report)
    UK Concrete
    Date: 2020-10-07
    UK Concrete, the London-headquartered trade body representing the UK's concrete and cement industry, is reporting CCS can tackle 61 pct of the industry's annual emissions by 2050, if the Government and industry collaborate to ensure that investment in arrays and related transport and carbon capture and storage (CCS) infrastructure is scaled up. The remainder of the emissions reductions needed for the sector to reach net-zero can be achieved through decarbonising transport; switching to biomass and hydrogen for heat; using lower-carbon materials and transitioning to renewable electricity. A smaller proportion of reductions can also be achieved by rolling out automated technologies in manufacturing facilities, according to UK Concrete.

    To go beyond net-zero, the sector will need to develop innovative concrete blends which absorb CO2 from the atmosphere through a process called carbonation. Concrete produced in the UK is currently not performing in line with the global average carbonation rate -- but if it was, an amount of CO2e equivalent to 12 pct of the sector's footprint in mid-century could be captured, according to the trade group's UK Concrete and Cement Sector Roadmap for Beyond Net Zero report.

    According to the International Energy Agency , CCS is "virtually the only technology solution for deep emissions reductions from cement production."

    Download UK Concrete's UK Concrete and Cement Sector Roadmap for Beyond Net Zero report HERE. (Source: UK Concrete, PR,edie, 6 Oct., 2020) Contact: UK Concrete, +44 (0) 207 963 8000, info@thisisukconcrete.co.uk, www.thisisukconcrete.co.uk

    More Low-Carbon Energy News Concrete news,  Carbon Emissions news,  Cement news,  


    NATO Must Combat Climate Change (Opinions, Editorials & Aside)
    NATO
    Date: 2020-09-28
    "I (NATO Secretary General Jens Stoltenberg) have been passionate about climate change all of my life. Now, as NATO Secretary General, it is my responsibility to address the threat climate change poses to our shared security.

    "Climate change is one of the biggest challenges of our time. As the planet heats up, our weather becomes wilder, warmer, windier and wetter, putting communities under pressure as sources of food, fresh water and energy are threatened.

    "Climate change threatens our security. So NATO must do more to fully understand and integrate climate change into all aspects of our work, from our military planning to how we exercise and train our armed forces. Climate change also makes it harder for NATO troops to keep people safe. Our soldiers work in some of the most difficult environments on earth. For example, NATO's training mission in Iraq where, this summer, temperatures regularly exceeded 50 degrees. It is essential that we adapt to this new reality. That means better combat gear, vehicles and infrastructure. And it means explicitly including climate change in NATO's work to improve the resilience of Allies and partners, something that we have been doing for decades in areas like infrastructure.

    "NATO and its member countries also have a responsibility to help reduce climate change by producing fewer emissions without compromising our core tasks. We have long focused on fuel efficiency to improve our military effectiveness. Reducing our dependency on fossil fuels, for instance by using solar panels to power military camps, will not just help combat climate change, it can make our troops and equipment more secure, by improving our ability to operate independently and flexibly.

    "Members of the NATO Alliance are taking a lead with plans to cut emissions from our armed forces through initiatives such as using biofuels, developing hybrid vehicles and improving the energy efficiency of bases and other infrastructure.

    "As many countries increasingly plan to reach net-zero emissions by 2050, NATO can also do more to help our armed forces contribute to this goal. It is time for NATO to raise its ambition and help drive down emissions. A first step could be to help our members measure their military emissions. The next step could be to agree voluntary cuts in their carbon emissions.

    "Climate change is making the world more dangerous. NATO's task is to preserve peace and keep us safe. So to fulfill our main responsibility, NATO must help to curb climate change for our security today and for the security of future generations." (Source: NATO Secretary General Jens Stoltenberg, NATO NEWS, Die Welt, 27 Sept., 2020)

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


    Aussie PM says Zero-Emissions Achievable but Won't say When (Int'l. Report)
    Australia, Zero Emissions
    Date: 2020-09-21
    Further to our Jan 15, 2020 coverage when Australian Prime Minster Hon. Scott Morrison (Lib) claimed Australia's carbon emissions will be slashed by 42 pct within this decade -- a far greater reduction than the Australian Department of Environment's latest projection of just 4 pct by 2030 -- the PM now says Australia can achieve net-zero emissions by 2050 but won't commit to making that an explicit target.

    Morrison notes reaching the goal will require more lower emissions technologies and energy sources such as carbon capture and storage (CCS) and hydrogen and to that end his government has pledged to put $1.9 billion into the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFE) while allowing them to back CCS projects which they are presently prohibited from making. (Source: Office of Australian Prime Minster Hon. Scott Morrison, PR, Sydney Morning Herald, 20 Sept., 2020) Contact: Office of Australian Prime Minster Hon. Scott Morrison, www.pm.gov.au/contact-your-pm; Australian Renewable Energy Agency, www.arena.gov; Clean Energy Finance Corporation, www.cefc.com.au

    More Low-Carbon Energy News AREA,  Australia Climate Change,  Zero Emissions,  Scott Morrison,  


    PwC Commits to Net-Zero GHG Emissions by 2030 (Ind. Report)
    PwC
    Date: 2020-09-16
    International accountancy and consulting giant PriceWatershouse Coopers (PwC)has announced its commitment to achieving net-zero greenhouse gas (GHG) emissions by 2030.

    The PwC net-zero goal includes a science-based target aligned with a 1.5 degree C trajectory and commits the global company to reducing its total greenhouse gas emissions by 50 pct in absolute terms by 2030. This includes a switch to 100 pct renewable electricity in all territories, energy efficiency improvements and halving the emissions associated with business travel and accommodation within a decade. PwC will also invest in carbon removal projects, including natural climate solutions. For every remaining tonne (CO2 equivalent) that it emits, PwC will remove a tonne of CO2 from the atmosphere to achieve net-zero climate impact by 2030.

    The PwC commitment includes supporting its clients to reduce their emissions as well as reducing those from the PwC network's operations and suppliers. (Source: PwC, PR, IndraStra Global, 15 Sept., 2020) Contact: PwC, Emma Cox, UK Leader for Climate Change and Sustainability, +44 (0)20 7583 5000, +44 (0)20 7212 4652 - fax., www.pwc.co.uk

    More Low-Carbon Energy News PwC,  Carbon Emissions,  Net-Zero Emissions,  


    Swiss Re Increases Internal Carbon Levy (Int'l. Report)
    Swiss Re
    Date: 2020-09-16
    As part of its efforts to transition to net-zero emissions in operations by 2030, Zurich-headquartered insurance and reinsurance firm Swiss Re reports it will increase its internal carbon levy to $100 per tonne as of 2021.

    The new levy, which is higher than the current levy of $8 per tonne CO2 set to gradually increase to $200 per tonne by 2030, will fund a compensation of residual operational emissions through carbon removal projects. The reinsurer will also further curb its flight emissions with a CO2 reduction target of 30 pct in 2021, relative to the 2018 benchmark.

    As previously reported, Swiss Re, a signatory of the Paris Pledge for Action and UN-convened Net-Zero Asset Owner Alliance founding member, plans to gradually cut underwriting to the most carbon-intensive oil and gas industries by 2023. (Source: Swiss Re, Reinsurance News, 15 Sept., 2020) Contact: Swiss Re, Christian Mumenthaler, CEO, www.swissre.com

    More Low-Carbon Energy News Internal Carbon Levy,  Carbon Tax,  


    EU ETS Expected to Revamp Emission Reduction Goals (Int'l. Report)
    EU ETS
    Date: 2020-09-14
    In Brussels, the European Commission (EC) is expected to propose the EU raise its Emissions Trading Scheme (EU ETS) target to cut emissions from 1990 levels from the present target of a 40 pct cut by 2030 to "at least 55 pct" by 2030 in order to meet the 27 member trading bloc's goal of net-zero emissions by 2050.

    The new target requires individual EU member nation approval as well European Parliament approval. The commission is expected to propose legislation containing the ETS reforms by June 2021. (Source: European Commission, Arab News, 13 Sept., 2020)

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


    BP, Equinor Ink U.S. Offshore Wind Deal (Int'l. Report, M&A)
    BP, Equinor
    Date: 2020-09-11
    In the UK, London-headquartered oil industry major BP is reporting an agreement to purchase a 50 pct stake in two US projects -- Empire Wind and Beacon Wind -- from Norway's Equinor for $1.1 billion. Under the agreement, BP and Equinor will also jointly develop four assets located offshore New York and Massachusetts. The deal is expected to close in early 2021.

    BP plans to increase renewable power development from 2.5 GW in 2019 to roughly 50 GW by 2030 as part of its effort to reach net-zero emissions by 2050. (Source: BP, PR, Financial Times, Sept., 2020) Contact: Equinor, www.equinor.com; BP, www.bp.com

    More Low-Carbon Energy News BP,  Equinor ,  Offshore Wind,  Wind,  

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