Harvard's $40.9Bn Endowment Aims for Carbon Neutrality (Ind Report)
In Cambridge, Massachusetts, Harvard University is reporting a new pledge to reduce carbon and other GHG emissions by monitoring its $40,9 billion endowment investment portfolio with a view to achieving net-zero greenhouse gas emissions by 2050. The net-zero pledge is a first among U.S. endowments. Harvard's is the world's largest educational endowment fund.
The university's governing body, the Harvard Management Company (HMC), which administers the endowment, plans to reach net-zero by 2050 through a collaboration with faculty and other experts and careful work with asset managers to examine their portfolio's transparency and emission levels. HMC expects to formulate detailed plans to achieve net-zero emissions before the year end.
Harvard's new pledge aligns with HMC's sustainable-investing framework, which was adopted in 2014 when Harvard signed on to the U.N.-sponsored Principles for Responsible Investment, a six-point outline for a global standard.
(Source: Harvard Gazette, 21 April, 2020) Contact: Harvard Management Company, www.hmc.harvard.edu
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UMass, City of Lowell Commit to Renewables Initiatives (Ind. Report)
In the Bay State, the University of Massachusetts (UMass) Lowell and the city of Lowell have announced the Green Community Partnership -- an alliance committed to driving down the city's carbon footprint. The effort, which is being funded by Lowell philanthropist Nancy Donahue and numerous community partners, already has $50,000 available for joint university-community clean energy projects.
A member of the American College & University Presidents' Climate Commitment, UMass Lowell has committed itself to net-zero greenhouse gas emissions by 2050. The city of Lowell has made substantial investments in the energy efficiency of its buildings resulting in a 31 pct reduction of greenhouse gas emissions.The city has also committed to using 100 pct renewable energy to the use of 100 pct clean and renewable energy.
For more information about the Green Community Partnership HERE.
(Source: UMass Lowell, PR, Contact: UMass Lowell, www.uml.edu, uml.edu/greencommunity
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Bay State Governor Commits to Net-Zero GHGs by 2050 (Ind. Report)
In this week's 2020 State of the Commonwealth
address, Massachusetts Governor Charlie Baker (R) committed the Bay State to transition to net-zero greenhouse gas emissions by 2050.
In his address, the Governor reported
"the state is leading the way in transitioning to clean, renewable energy" and noted a 50 pct drop in emissions from the power industry over the last decade under the Regional Greenhouse Gas Initiative (RGGI).
Baker added the state's investments in renewable energy would meet 30 pct of the state's electric power needs and at the same time eliminate 5.7 million metric tpy of greenhouse gas emissions.
(Source: Office of Massachusetts Gov. Charlie Baker, Smart Energy, 23 Jan., 2020) Contact: Office of Massachusetts Gov. Charlie Baker, (617) 725-4005, www.mass.gov/governor
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Climate Leadership and Environmental Action for the (CLEAN) Future Act Released (Reg. & Leg. Report)
In the nation's capitol, U.S. Congressman Frank Pallone, Jr. (D-N.J.) has released the legislative framework of the draft Climate Leadership and Environmental Action for the (CLEAN) Future Act -- an ambitious new climate plan to ensure the U.S. achieves net-zero greenhouse gas pollution and 100 pct clean energy no later than 2050.
The draft bill incorporates both proven and novel concepts, presenting a set of policy proposals that will put the U.S. on the path to a clean and prosperous economy.
Specific to carbon emissions and climate change, the draft legislation:
Directs all federal agencies to use all existing authorities to put the country on a path toward net-zero greenhouse gas emissions by 2050. It does not stipulate which energy sources or strategies qualify, instead taking a technology-inclusive approach to reaching net-zero emissions by mid-century. To ensure federal agencies' collective efforts remain on track, the draft legislation directs the EPA to evaluate each agency's plans, make recommendations and report on progress each year.
Empowers the states to complete the transition to a net-zero economy, based on the existing federalism model in the (Obama administration) Clean Air Act. The bill sets a national climate standard of net-zero greenhouse gas pollution in each state by 2050. States are then granted flexibility to develop plans to meet the 2050 and interim standards based on their policy preferences, priorities and circumstances. Each state must submit a climate plan to EPA, which then reviews and approves or disapproves each plan.
Establishes a National Climate Bank to mobilize public and private investments in low- and zero-emissions energy technologies, climate resiliency, building efficiency and electrification, industrial decarbonization, grid modernization, agriculture projects, and clean transportation.
The draft legislation reduces transportation emissions, the largest source of GHG emissions, by improving vehicle efficiency, accelerating the transition to low- to zero-carbon fuels and building the infrastructure needed for a clean transportation system. The bill directs EPA to set new, increasingly stringent greenhouse gas emission standards for light-, medium- and heavy-duty vehicles, including off-road modes of transportation. (Source: Office of Congressman Frank Pallone Jr., Jan., 2020)
Contact: Congressman Frank Pallone Jr , Chairman, Energy and Commerce Committee, (202) 225-4671
(202) 225-9665 - fax, https://pallone.house.gov
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Climate Leadership and Environmental Action for the (CLEAN) Future Act Includes Energy Efficiency (Reg. & Leg.)
In the nation's capitol, U.S. Congressman Frank Pallone, Jr. (D-N.J.) has released the legislative framework of the draft Climate Leadership and Environmental Action for the (CLEAN) Future Act -- an ambitious new plan to ensure the U.S. achieves net-zero greenhouse gas pollution and 100 pct clean energy no later than 2050. The draft bill incorporates both proven and novel concepts, presenting a set of policy proposals that will put the U.S. on the path to a clean and prosperous economy.
Specific to energy efficiency, the draft legislation aims to improve the efficiency of new and existing buildings, equipment and appliances as well as establishes national energy savings targets for continued improvement of model building energy codes, leading to a requirement of zero-energy-ready buildings by 2030. (Source: Office of Congressman Frank Pallone Jr., Jan., 2020) Contact: Congressman Frank Pallone Jr , Chairman, Energy and Commerce Committee, (202) 225-4671 (202) 225-9665 - fax, https://pallone.house.gov
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Tata Chemicals Touts UK Carbon Capture Utilization Plans (Int'l)
Tata Chemicals Europe (TCE) plans to construct Britain's first industrial-scale carbon capture and utilization (CCU) demonstration plant to trap emissions for use in sodium carbonate manufacturing.
The £16.7 million ($21.2 million) project will be located at Tata's Northwich industrial site in Cheshire, England and should start operations in 2021, according to a Reuters report.
Tata's CCU plant will capture, purify and liquefy as much as 40,000 tpy of CO2 from the flue gases of its 96-mw gas-fired combined heat and power plant. The gas will be used in sodium bicarbonate manufacturing. The operation is expected to cut Tata's carbon emissions by 11 pct.
The UK aims to reach net-zero greenhouse gas emissions by 2050.
(Source: Tata Chemicals Europe, Reuters, 26 June., 2019) Contact: Tata Chemicals Europe, +44 0 1606 724000, www.tatachemicalseurope.com
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U.N. Sec Gen. Wants EU Emissions Target Raised (Int'l Report)
Reuters is reporting U.N. Secretary-General Antonio Guterres has called on the European Union to aim for a 55 pct cut in greenhouse gas emissions by 2030 -- in excess of the 28 member trading bloc's present 40 pct reduction target. The Secretary General also asked EU leaders to phase out burning coal and approval of new coal-fired power plants beyond 2020.
The European Parliament and the EU's climate chief Miguel Arias Canete have called for the bloc to aim for net-zero greenhouse gas emissions by 2050, saying legislation passed since the Paris Climate Agreement puts the EU on track to surpass its current emissions reduction target.
Poland and other EU member states that rely on coal for power production , along with Germany and its its powerful automotive sector, balk at deeper emission cuts.
(Source: Various Media, Reuters, CNBC, June, 2019)
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UK Labour Commits to Net-Zero GHG Emissions by 2050 (Int'l Report)
Climate Change UK
In the UK, the Labour Party under the leadership of MP Jeremy Corbyn has committed to a target of net-zero greenhouse gas emissions by the middle of this century. Labour has also committed to generate 60 pct of the country's energy from renewable and low carbon sources by 2030.
Other Labour recommendations include:
Making every house in the UK energy efficient to reduce heat demand from buildings by almost 25 pct;
Providing 85 pct of electricity demand from renewable and low carbon sources;
Providing 44 pct of heating demand from renewable sources;
A seven-fold increase in offshore wind and a doubling in onshore wind; and
Almost tripling solar power.
Taken together, these measures are expected to provide enough wind and solar power to power 19.5 million homes.
According to the Labour shadow business secretary Rebecca Long Bailey, man-made climate change represents an "existential threat" and the
the UK must do better than the present Conservative government's target of cutting emissions by 80 pct by 2050.
(Source: UK Labour Party, Press Association, Westmoreland Gazette, 24 Sep, 2018) Contact: UK Labour Party, https://labour.org.uk
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Scottish Ag Groups Call for Carbon-Neutral Farming (Int'l)
In Scotland, the Anaerobic Digestion & Bioresources Association (ADBA) reports it has joined forces with the National Farmers' Union of Scotland, Scottish Land and Estates, Scottish Crofting Federation and others in calling on the Scottish Government to do more to help agriculture turn a corner and substantially reduce its greenhouse gas emissions.
In a joint letter, the groups urge the appropriate Cabinet Secretaries to support climate friendly farming practices and put the country's agricultural industry on a path to net-zero greenhouse gas emissions by 2050.
(Source: The Anaerobic Digestion & Bioresources Association, 27 Mar., 2018)
Contact: Anaerobic Digestion & Bioresources Association,t, +44 (0) 20 3176 0503, firstname.lastname@example.org, www.adbioresources.org
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The Rise in Global Atmospheric CO2,
and Sea Level from Emissions Traced to Major
Carbon Producers -- Report Attached (Ind. Report)
"The question of responsibility for climate change is central to public and policy discourse over actions to curb greenhouse gas emissions and limit adverse impacts. The United Nations Framework Convention on Climate Change (UNFCCC) established the principle of 'common but differentiated responsibilities' among nations, signaling the recognition that nations that had produced the larger share of historical emissions bore a greater responsibility for avoiding 'dangerous anthropogenic interference with the climate.'
"Reflecting this principle, the Paris Agreement establishes common commitments, for example to global net-zero greenhouse gas emissions in the second half of this century, while allowing flexibility in mitigation efforts to accommodate different national capacities and circumstances."
Access the report HERE. (Source: Springer Link, DOI, Climatic Change, 7 Sept., 2017)
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