"Other countries have initiated national ethanol policies as part of their countries' global initiatives to decarbonize transportation fuels, and US biofuel producers are ready to play a larger role in meeting these targets here and around the world." -- Brian Jennings, CEO, American Coalition for Ethanol Contact: American Coalition for Ethanol, Brian Jennings, CEO, (605) 334-3381, www.ethanol.org
More Low-Carbon Energy News American Coalition for Ethanol , Ethanol, Climate Change,
In particular, the study calculated the net economic and environmental costs of the Renewable Fuels Standard (RFS) mandates and found that maintaining the corn ethanol mandate would lead to a cumulative net cost to society of nearly $200 billion from 2016 to 2030 compared to having no RFS. The social cost of nitrogen damage from corn ethanol production substantially offsets the social benefits from GHG savings, the report notes.On the otherhand, the additional cellulosic mandate could provide substantial economic and environmental benefits with technological innovations that lower the costs of converting biomass to cellulosic ethanol and policies that place a high monetized value for GHG mitigation benefits. The study notes that maintaining the corn ethanol mandate pushes more land into corn production which increases the market price of other agricultural commodities. While producers might benefit from higher market prices.
The study notes the cellulosic ethanol mandate could provide an overall benefit with the right policies. Supporting research and development to lower the cost of converting biomass to cellulosic ethanol would substantially reduce production costs and increase social benefits, and a high monetized value for GHG mitigation could offset all other costs.
CABBI researchers hope performance-based policies -- including the low carbon fuel standard, carbon and nitrogen leakage taxes, or limits on crop-residue harvest -- can be implemented to supplement the RFS mandates after 2022.
CABBI aims to integrate recent advances in agronomics, genomics, and synthetic and computational biology to increase the value of energy crops -- using a "plants as factories" approach to grow fuels and chemicals in plant stems, an automated foundry to convert biomass into valuable chemicals, and ensuring that its products are ecologically and economically sustainable. This holistic approach will help reduce fossil fuels dependence, according to the CABBI website.
(Source: CABBI, PR, 27 Apr., 2021) Contact: CABBI, Evan DeLuc1a, (217)244-1586, firstname.lastname@example.org, www.cabbi.bio
More Low-Carbon Energy News CABBI, Biofuel, RFS, Corn Ethanol,
As part of this goal, the U.S intends to triple our adaptation finance by 2024.. The Biden Administration will work closely with Congress to meet these goals. U.S. agencies, working with development partners, will prioritize climate in public investments, enhance technical assistance and long-term capacity, align support with country needs and priorities, and boost investments in adaptation and resilience. For example, the U.S. Agency for International Development (USAID) will release a new Climate Change Strategy in November 2021. The U.S. International Development Finance Corporation (DFC) will update its development strategy to not only include climate for the first time, but also to make investments in climate mitigation and adaptation a top priority. The Millennium Challenge Corporation (MCC) will adopt a new Climate Strategy in April 2021, centered on investing in climate-smart development and sustainable infrastructure, and aims to have more than 50 pct of its program funding go to climate-related investments over the next five years. Treasury will direct U.S. executive directors in multilateral development banks (MDBs) to help ensure MDBs set and apply ambitious climate finance targets and policies, in partnership with other shareholders.
U.S. departments and agencies will enhance strategic coordination on providing and mobilizing international climate finance and technical assistance to ensure the complementarily of agency efforts, instruments, and expertise. Departments and agencies will increase collaboration and adopt best practices on incorporating climate considerations into their international work and investments, such as screening all projects for climate-related risks to ensure they are resilient.
"By announcing a bold target of cutting emissions 50-52 pct below 2005 levels by the end of the decade, President Biden has met the moment and the urgency that the climate crisis demands. The message from the White House is clear: The U.S. is ready to go all-in to beat the climate crisis. This target aligns with what the science says is necessary to put the world on the path to a safer climate, and vaults the U.S. into the top tier of world leaders on climate ambition. And it's backed up by numerous analyses demonstrating that it can be met through multiple pathways using existing technologies.
"For four years, the world wondered what's going on with the U.S. Now they're going to have to race to keep up. With this ambitious and credible target, the U.S. has joined the EU and UK at the top of the global league table, recaptured a leadership role on climate -- and positioned itself to push for greater global ambition in the lead up to COP26 in Glasgow. Now it's time for other major emitters to follow suit and commit to deeper reductions in their own emissions over this next decisive decade.
"Going bold on climate will help America create the jobs of the future. By taking swift action to invest in clean industries and technologies, the United States can supercharge its competitiveness in the global clean energy economy. Leading businesses and investors already know this: That's why over 400 of them called on the administration to cut emissions at least 50 pct by 2030.
"With this target in place, there's not a moment to lose to start achieving it with a whole-of-government approach that leverages action from the White House and Congress. The Biden administration can jump-start progress by putting in place critical clean air and climate protections under existing law and by working with Congress to enact transformative investments in the American Jobs Plan. These measures can support millions of good-paying union jobs and improve air quality for low-income communities and communities of color that have borne and continue to bear a disproportionate share of harmful pollution.
"Critical near-term actions are available in three sectors: power, transportation, and methane from oil and gas. A key step toward meeting the 2030 target is an enforceable Clean Electricity Standard for the power sector that ensures reductions of 80 pct below 2005 by the end of the decade. With transportation as the largest source of climate pollution in the U.S. as well as a significant source of air pollution, electrifying cars, trucks and buses will be essential. And as the administration takes aggressive action to cut carbon emissions, it must also double down on actions to reduce methane -- the most immediate opportunity the world has to reduce warming now. As the world's largest oil and gas producer, the U.S. has both an opportunity and responsibility to take swift action to reduce oil and gas methane pollution here at home and be a leader in catalyzing international action on this global problem.
"As the administration implements a whole-of-government approach to meet this target, it should ensure that policies expand access to economic opportunity, reduce exposure to harmful air pollution and empower American workers in every community.
"We look forward to working with the administration, Congress, state and local leaders, businesses and advocates to help turn this bold commitment into strong policy action that delivers." (Source: Environmental Defense Fund, PR, 22 Apr., 2021) Contact: EDF
Nathaniel Keohane, Senior VP for Climate, www.edf.org
More Low-Carbon Energy News Paris Climate Agreement, GHG, Greenhouse Gas, Carbon Emissions, Climate Change,
To that end, Hershey has a 15-year PPA with BayWa r.e. that will enable the financing and construction of Hershey's first utility-scale, 20-MW solar farm in Camden, NC. Hershey also has a PPA with National Grid Renewables for 50 MW, 118,000 MWh per year solar project currently under construction in Denton County, Texas.
Combined, the two solar projects are projected to cut Hershey's CO2 footprint by 115,650 tpy and support the company's science-based GHG reduction targets. (Source: Hershey, PR, Baking Business, 21 Apr., 2021) Contact: BayWa r.e. Solar Projects LLC, Jam Attari, CEO, Christine Owens, VP Marketing, www.us.baywa-re.com
More Low-Carbon Energy News BayWa r.e., Solar,
United reports it will be the airline industry's largest single purchaser of SAF. Eco-Skies Alliance inaugural participants, which represent a range of business sectors, include Siemens, Nike, Deloitte, and Takeda Pharmaceuticals.
Download Eco-Skies Alliance details HERE.
(Source: United Airlines, AINonline, 13 Apr., 2021) Contact: United Airlines, Scott Kirby, CEO, www.united.com/ual/en/us/fly/contact/headquarters.html
More Low-Carbon Energy News SAF, Aviation Biofuel, Unitded Airlines ,
"We can harness the renewable potential of millions of acres of cropland, sequester GHG emissions, boost yields and increase the production of renewable energy made from farm crops, such as corn or soybeans. With smart policy and smart science, the Biden Administration can raise the bar for nations around the world, but to do that, it is vital that biofuels are core in the U.S. strategy.
At Novozymes, we specialize in tapping into the power of nature to deliver advanced biology that does everything from boosting crop yields without added fertilizer, to improving laundry detergents to cut energy and water waste. Our (Novozymes) innovation helps biofuel producers get more energy out of every harvest. These technologies have already helped the U.S. replace about 10 pct of liquid fuels with renewable alternatives.
"The vital importance of these bio-based solutions to address the climate crisis is already recognized, but ideas must be turned into action. Incentives that would allow the entire agricultural supply chain to invest in the future and a fuel market that is open to higher-biofuels blends -- such as E15 -- that allow drivers to save money, while reducing consumption of fossil fuel, are essential. These opportunities would not only drive green economic growth in the U.S., but could also offer a roadmap for other countries." -- Brian Brazeau, North America Novozymes, Apr., 2021)Contact: Novozymes, Brian Brazeau, VP Bioenergy, 646-671-3897, www.novozymes.com
More Low-Carbon Energy News Novozymes, Biofuel, Climate Change,
An excerpt from the letter states, "To restore the standing of the U.S. as a global leader, we need to address the climate crisis at the pace and scale it demands. Specifically, the U.S. must adopt an emissions reduction target that will place the country on a credible pathway to reach net-zero emissions by 2050. We, therefore, call on you to adopt the ambitious and attainable target of cutting GHG emissions by at least 50 pct below 2005 levels by 2030."
The letter demonstrates the U.S. business and investor communities' strong support for a highly ambitious 2030 emissions reduction target, or Nationally Determined Contribution (NDC) pursuant to the Paris Agreement, in pursuit of reaching net-zero emissions by 2050. Latest climate modeling shows that at least halving emissions by 2030 is achievable, and provides strong economic benefits. The Biden administration is expected to announce its NDC prior to the Leaders Summit on Climate.
Business signatories of the letter collectively represent over $3 trillion in annual revenue and employ nearly 6 million U.S. workers across all 50 states. They range in size from small- and medium-sized enterprises (SMEs) to large multinational corporations, and represent a number of industries. Investor signatories collectively represent more than $1 trillion in assets under management and include CalSTRS, the New York State Comptroller, the New York City Comptroller and the California State Controller's Office, among others.
"The U.S. business community is committed to doing its part to reduce emissions because it is good for the economy and helps us build back better. Companies want to work with the Biden administration toward a better future for all," said Maria Mendiluce, CEO of the We Mean Business coalition. "I applaud businesses and investors for raising their voices in support of at least halving U.S. emissions by 2030. This is what the climate crisis requires, and will strengthen the country's competitiveness and create more good jobs"
"A strong national emissions reduction target is just what we need to catalyze a net-zero emissions future and build back a more equitable and inclusive economy," said Anne Kelly, vice president of government relations at Ceres. "Businesses of all sizes recognize that reducing emissions is vital to keeping the U.S. competitive, and protecting the health and well-being of people and the planet. By setting a strong target, the Biden administration can ensure the U.S. is ready to return to its role as a global climate leader and spur further action from the private sector."
We Mean Business is a global coalition of nonprofit organizations working with the world's most influential businesses to take action on climate change. The coalition brings together seven organizations: BSR, CDP, Ceres, The B Team, The Climate Group, The Prince of Wales's Corporate Leaders Group and the World Business Council for Sustainable Development. Together we catalyze business action to drive policy ambition and accelerate the transition to a zero-carbon economy.
Business signatories to the letter include Apple; Ben & Jerry's Homemade, Inc.; BT Americas; Boston Consulting Group; Burton; Coca-Cola; Danone North America; DSM North America; Edison International; Facebook; GAP Inc.; General Electric; Google; H&M; Hewlett Packard Enterprise; HP Inc.; IKEA Retail U.S.; Johnson & Johnson; Kellogg Company; LafargeHolcim; Levi Strauss & Co.; Lyft, Inc.; MARS; Mastercard; McDonald's Corporation; Microsoft; National Grid; New Belgium Brewing; Nestle; Nike; Novozymes North America; Orsted North America; Ralph Lauren Corp.; Schneider Electric; Siemens; Solvay; Starbucks; Tiffany & Co; Unilever; Verizon; VF Corporation; and Walmart, among others.
(Source: We Mean Business Coalition, PR, Apr., 2021) Contact: We Mean Business Coalition, Maria Mendiluce, CEO, Kristen King, 904-608-1745,
More Low-Carbon Energy News Climate Change,
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 ,
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, email@example.com, 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,
The Plan estimates that by 2050, the city's average daily temperature will rise five degrees, from 52 to 57 and the city of roughly 284,000 residents will see 340 pct more days with the heat index over 100 degrees and significant increases in rain and snow.
The plan calls for: transition to low-carbon energy; a decarbonized and efficient transportation system: economic development goals aligned with climate realities; improved protections for and with Lincoln residents; building a resilient local food system; maximizing natural climate solutions; reduced waste; engaging residents in co-creating a climate smart future; incentivizing construction of energy efficient homes and buildings; investing in renewable energy and others
Download the Lincoln City Climate Action Plan HERE. (Source: City of Lincoln, Mar. 2021) Contact: City of Lincoln, Lincoln City Council, 402-441-7515 , www.lincoln.ne.gov/City/City-Council
More Low-Carbon Energy News GHG, Greenhouse Gas Emissions,
"USGC's ethanol team and consultants offered an update this week to the Council's Ethanol Advisory Team the member-driven group of grain producers and agribusiness representatives that identify opportunities, set priorities and chart the course of the Council every year, giving them background on ethanol's role in the Paris Agreement -- of which the US is again a member -- explaining what it means to have the U.S. rejoin and presenting an outlook for ethanol as it relates to the Paris Agreement as whole.
"As many countries have listed their transportation sectors and named biofuels or ethanol specifically to contribute to overall emissions reductions outlined in the Paris Agreement, the case can be made for U.S. ethanol to help meet these countries' global initiatives.
"Even with policies in place some countries are not meeting the intended goals or mandates, leaving room for further GHG emissions reductions. India for example has recently announced its national plan to blend 20 pct ethanol nationwide by 2025. In the most recent market year, it blended just above a 5 pct rate from a nationwide average standpoint. Filling in that blend gap will be critical to fully realize these benefits. Identifying these gaps and demonstrating the benefit and how to fill them is an ongoing role the Council provides with its global partners.
"For instance, new research from Environmental Health and Engineering Inc. demonstrates that U.S. corn-based ethanol cuts GHG emissions by 46 pct providing benefits nationally, but also globally, as ethanol trade expands. In terms of emissions reductions, this means the U.S. saved more than 4 million metric tons of carbon dioxide equivalent in 2020 from ethanol exports alone and could provide other countries a pathway to meeting their own Paris Agreement commitments.
“Elevating the contribution that ethanol has already made to abate emissions globally is critical, and these reductions are expected to continue as further investment in abatement technologies take place and policies expand around the globe."
(Source: U.S. Grains Council, PR, Website, Mar., 2021) Contact: US Grains Council, Brian D. Healy, Director Global Ethanol Market Dev, Bryan Jernigan, firstname.lastname@example.org, www.grains.org
More Low-Carbon Energy News U.S. Grains Council, Paris Climate Agreement, Ethanol ,
Neste Renewable Diesel (NRD), which is produced from globally sourced wastes and residues such as waste animal fat, vegetable oil and used cooking oil, has chemical properties similar to those of fossil diesel and and reduces Greenhouse gas (GHG) emissions up to 90 pct compared to fossil diesel.
(Source: NYK Line, PR, Hellenic, 20 Mar., 2021) Contact: NYK.Line www.nyk.line; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Renewable Diesel, NYK,
The three solar projects were developed, funded, and constructed by Silicon Ranch, which also owns, operates, and maintains the solar arrays. Green Power EMC is purchasing all the energy and environmental attributes generated by the facilities on behalf of its Member EMCs for the next thirty years. (Source: Silicon Ranch, Website PR, 18 Mar., 2021)
Contact: Silicon Ranch, Matt Beasley, CCO, Rob Hamilton, (629) 202-4009, email@example.com, www.siliconranch.com; Green Power EMC, Blair Romero, (770) 270-7290, firstname.lastname@example.org, www.greenpoweremc.com
More Low-Carbon Energy News Green Power EMC, Silicon Ranch , Solar,
When fully operational in 2023, the plant will: produce 6,500 bpd of renewable fuels including renewable diesel, arctic-grade renewable diesel, and sustainable aviation fuel (SAF); reduce greenhouse gas emissions (GHGs) 80 to 85 pct when compared to fossil fuel diesel; create a demand for 35 million bushels of canola seed (worth roughly $500 million) to produce 325,000-350,000 tpy of canola oil feedstock; and use recycled hydrogen in the production process.
The company has completed initial pre-FEED engineering and feedstock studies, as well as a marketing, demand, and pricing study. The plant is expected to begin production in 2023, subject to regulatory and other approvals.
(Source: Covenant Energy, Website PR, Contact: Covenant Energy, Josh Gustafson, Pres., CEO, (306) 421-7442, email@example.com; www.covenantenergy.ca
More Low-Carbon Energy News Canola Covenant Energy, Renewable Diesel,
The study looked at factors at play in the Amazon -- fires, deforestation, weather and the expansion of ranching -- and concluded that greenhouse gases including methane and nitrous oxide being emitted in the Amazon basin offset and most likely exceed the region's ability to soak up carbon dioxide.
Access the full report HERE. (Source: Frontiers in Forests and Global Change, 11 Mar., 2021) Contact: Frontiers in Forests and Global Change, +41(0)21 510 17 40,
Fax +41 (0)21 510 17 01, www.frontiersin.org
More Low-Carbon Energy News Amazon Rainforest, GHGs, Carbon Emissions, Climate Change,
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 firstname.lastname@example.org, www.next-decade.com
More Low-Carbon Energy News Carbon Emissions news, CCS news, LNG news, Natural Gas news,
The FYP targets are widely seen as indicators of China's economic and social development goals over the following five years but economic uncertainties brought about by the ongoing pandemic have overshadowed the 14th FYP and Chinese economists have reportedly suggested that no numerical GDP growth targets should be approved in the final plan. However, without GDP targets, it is difficult to assess the plan's impact on China's carbon emissions trajectory over the next five years, as its key climate targets are pegged to the performance of the Chinese economy.
Ahead of the release, climate experts had called for the inclusion of a carbon emissions cap. But the draft does not contain one. Instead, it continues with the approaches of previous FYPs in setting energy intensity and carbon intensity targets per unit of GDP. By 2025, according to the new FYP, China is to reduce energy intensity by 13.5 pct from 2020 levels, and carbon intensity by 18 pct. The country will also boost the share of non-fossil sources in its energy mix to roughly 20 pct by the end of the period, according to the plan.
On average, China's CO2 emissions rose by 1.7 pct each year during the 2016-2020 FYP. Despite low economic growth last year, emissions increased 1.5 pct year on year, approaching 10 billion tonnes in total. Assuming the country's GDP grows at an annual rate of 5.5 pct from 2021 to 2025, carbon emissions will still rise by 1.1 pct each year and the country could achieve a carbon emissions peak of around 10.5 billion tonnes shortly before 2030.
According to the China National Bureau of Statistics, coal provided 56.8 pct of China's energy in2020, the same year China pledged to achieve carbon neutrality by 2060.
(Source: Tsinghua University Institute for Climate Change and Sustainable Development, National Development and Reform Commission , China Dialogue, Mar., 2021)
Contact: National Development and Reform Commission (NDRC), en.ndrc.gov.cn; Tsinghua University Institute for Climate Change and Sustainable Development, www.tsinghau,edu.cn
More Low-Carbon Energy News China, Climate Change, Carbon Emissions,
Nutrien was hoping to have about 100,000 acres in Western Canada and the United States corn belt states of Illinois and Ohio subscribed to its "carbon farm" program in 2021.
Under the program, growers will have the option of adopting a variety of agronomic practices scientifically proven to reduce greenhouse gas emissions and can be used to produce offsets ranging from the adoption of minimal tilling low disturbance cropping practices to the use of specialized crop nutrient products such as slow-release fertilizers, nitrogen inhibitors, biological and micro-nutrients, and variable rate fertilizer prescriptions. The entire system will be supported by digital platforms and data collection programs that enable monitoring and quantification.
As the markets for voluntary carbon credits and GHG offsets become more established, it is expected that more farmers and land managers will recognize carbon offsets as a new revenue stream that can supplement net farm incomes, the release notes.
Nutrien estimates growers could eventually earn as much as $30 to $50 per acre under its program. Potential revenues will ultimately depend on carbon credit valuations in voluntary markets. (Source: Nutrien Ag Solutions, PR, Website, Mar., 2021)
Contact: Nutrien, Mark Thompson, Exec. VP, (306) 933-8500 www.nutrien.com
More Low-Carbon Energy News Nutrien, Carbon Farming, Carbon Offset, Carbon Market,
When integrating the FT fuel production process with corn ethanol production, the WTW GHG emissions of FT fuels are 57--65 pct lower compared to petroleum counterparts.
The report modeled the FT fuel synthesis process using Aspen Plus, which showed that 45 pct of the carbon in CO2 can be fixed in the FT fuel, with a fuel production energy efficiency of 58 pct. (Source: ANL. PR, Mar., 2021)Contact: ANL, 630-252-2000, www.anl.gov
More Low-Carbon Energy News Fischer-Tropsch, Argonne National Laboratory,
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,
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,
The HBRF study covers renewable fuels including biodiesel, hydrotreated vegetable oil and biomethane and identifies the opportunities and barriers to adoption and the GHG-saving opportunities available for sustainable, renewable fuel adoption by heavy duty vehicles.
The study notes that with a market average of 30 pct HBRF used in place of diesel and natural gas by 2030, the sector could save an additional 46 million tonnes in GHG emissions over the next decade.
The Zemo Partnership Renewable Fuels Assurance Scheme is an initiative designed and managed by Zemo Partnership that aims to give fleet operators independent assurance of purchasing sustainable, low carbon fuels approved under the RTFO, and customer supply chain specific GHG emission performance data. The scheme is open to all UK suppliers of renewable fuels including those that supply blends of renewable fuels. Companies are required to apply to Zemo Partnership to become an approved Renewable Fuel Supplier and demonstrate compliance with the scheme performance criteria and undergo an annual compliance check. This entails independent verification of company procedures, processes and renewable fuel production data by an auditor, according to the Zemo website.
Once approved renewable fuel supplier will be able to issue their customers with 'Renewable Fuel Declarations' every three months for batches of sustainable low carbon fuels sold. The declaration will identify the carbon intensity and GHG emissions savings specific to the renewable fuel supply chain as well as information on feedstocks, the Zemo website notes.
(Source: Zemo Partnership, PR, Website, 8 Mar., 2021)
Contact: Zemo Partnership, Gloria Esposito, Sustainability Head, +44 (0)20 7304 6880,
More Low-Carbon Energy News Renewable Fuel, E10, Biofuel Blend,
Low carbon fuel standards, such as the Federal Renewable Fuel Standard (RFS) and the California Low Carbon Fuel Standard (LCFS), are major US programs for reducing greenhouse gas (GHG) emissions from transportation fuels. These standards rely on life cycle assessment (LCA) as a tool to estimate fuel GHG emissions.
The National Academies aims to develop a reliable and coherent approach for applying LCA to low-carbon fuel standards via a methodological assessment to identify the general characteristics and capabilities of GHG emissions estimation methods commonly needed across various types of low-carbon fuels programs applied at a national level. The committee will include the following considerations:
The National Academies is seeking approximately 14 members with expertise in the fields of: life cycle analysis (LCA); fuel production and use (including fossil fuels, biofuels, and electricity); economics; greenhouse gas (GHG) emission modeling; uncertainty analysis; terrestrial ecosystems; and environmental policy decision-making.
In 2019, CIBC committed $150 billion in support of environmental and sustainable finance activities by 2027 and has to date achieved 28 pct of this goal. The bank also issued the climate-related disclosure report Building a Sustainable Future aligned with the Task Force on Climate-Related Financial Disclosures.
In 2020, CIBC issued a $500 million(US), five-year green bond to help finance new and existing green projects, assets, and businesses that mitigate the risks and effects of climate change. These include renewable energy, green buildings, clean transportation, natural resource conservation, biodiversity conservation, energy efficiency, and pollution prevention and control. Also in 2020, CIBC ranked among the top-tier of global banks for climate change action by the Carbon Disclosure Project (CDP).
CIBC, which recently became the first Canadian bank to join RMI's Center for Climate-Aligned Finance, has more than 10 million personal banking, business, public sector and institutional clients and $768.545 billion (Cdn) in total assets. (Source: CIBC, Website News, Feb., 2021)
Contact: CIBC, Nima Ranawana, 647-456-4556, email@example.com,
www.cibc.com; Partnership for Carbon Accounting,
More Low-Carbon Energy News CIBC, Carbon Emissions , Partnership for Carbon Accounting,
The fiscal year 2021 (FY21) CFIP awards of $1.3M will fund an array of clean fuel projects across the state, including one of the largest electric school bus deployments in the country, electric vehile charging stations and emission-reduced propane autogas vehicles.
The MEA notes the transportation sector is responsible for the majority of Maryland's greenhouse gas emissions, according to the Maryland Greenhouse Gas Emissions Reduction Act Plan. The law requires the State to reduce GHG emissions 25 pct from a 2006 baseline by 2020, in a way that ensures a positive impact on Maryland's economy, protects existing manufacturing jobs and creates new jobs in the State.
(Source: Maryland Energy Administration, PR, Feb., 2021)Contact: Maryland Energy Administration, Mary Beth Tung, Exec. Dir.,
Kaymie Owen, CMP
443-694-3651, firstname.lastname@example.org, www.Energy.Maryland.gov
More Low-Carbon Energy News Alternative Fuel, Transportation Emissions, GHGs Electric Vehicle,
CARB's existing incentive programs pay consumers in exchange for purchasing low- and zero-emission vehicles to reduce GHG emissions beyond what CARB's regulations already require.
According to the auditor's report, CARB has done little to measure the extent to which its incentive programs lead to emissions reductions by causing individuals and businesses to acquire clean vehicles that they otherwise would not have purchased.
The auditor's report notes CARB has overstated the GHG emissions reductions its incentive programs have achieved, although it is unclear by how much. Additionally, CARB has not consistently collected or analyzed data to determine whether some of its programs provide the socioeconomic benefits that CARB has identified for those programs, such as maximizing participants' economic opportunities.
Because these programs may cost significantly more than other incentive programs from the perspective of reducing GHG emissions, CARB must do more to measure and demonstrate specific benefits to disadvantaged communities and low-income communities and households that the programs intend to serve, the auditor's report adds.
(Source: Office of California State Auditor, Website, 23 Feb., 2021)
Contact: California State Auditor, Elaine M. Howle, CPA, (916) 445-0255, www.auditor.ca.gov
More Low-Carbon Energy News CARB, California Air Resources Board, Transporation Emissions, CO2, Carbon Emissions,
Among the policy options being considered are an extension of the scope of the ETS to include road transport and a possible phase-out of the ESR. ePURE has provided the following suggestions on how they can be better integrated with other EU policies to become more effective at achieving Europe's climate goals.
A successful decarbonisation policy in transport must ensure a total coherence of actions between car manufacturers, fuel suppliers and retailers. But an ETS for road transport would seriously disrupt the existing growing synergy between these stakeholders, hamper efforts to reduce emissions from transport, increase fuel prices and create social discontent.
A more effective solution would better integrate existing EU policies. For example, the targets of the EU Renewable Energy Directive should be increased in line with higher Green Deal ambitions. Other policies, such as the Energy Taxation Directive and CO2 standards for cars and vans must be revised in order to integrate the CO2 content and the biogenic content of fuels, thus better reflecting the real environmental performance of biofuels. These actions, however, do not necessitate the extension of the ETS to road transport, and their revision should be carried out independently.
At first glance the ESR has so far been a success with the EU achieving and even surpassing its 9.3 pct emissions reduction objectives as a whole by 2020 as early as in 2018, due mainly to progress in sectors that were the easiest to decarbonise, such as buildings and waste. There has been little to no decarbonisation in the transportation and agriculture sectors, which account for over 50 pct of the ESR emissions, and meeting the already agreed 2030 target of 30 pct. Moreover, there have been many differing levels of progress among Member States.
ePURE suggests the EU should not abandon what works but rather should strengthen and improve the legislative tools that actually boost renewable energy and fuels and encourage carbon abatement. This includes keeping ESR targets, the sole legally binding targets for Member States to reduce emissions in sectors not currently in the ETS.
Keeping the existing legislation and increasing their ambition levels, including ESR, RED II and the Fuel Quality Directive is a safety net that the EU should not phase out without good reasons. (Source: ePURE, Website PR, 15 Feb., 2021) Contact: ePURE, Emmanuel Desplechin, Secretary-General, +32 2 657 6679, email@example.com, www.epure.org
More Low-Carbon Energy News ePURE, Ethanol, GHG, Greenhouse Gas, Carbon Emissions,
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,
According to API, over the past decade, the oil and gas industry has provided low-cost natural gas, while reducing CO2 emissions in the electric power sector and addressing methane emissions. Methane emissions have declined by nearly 70 pct between 2011 and 2019 in five of the largest US oil and gas producing regions, according to the EPA's new Greenhouse Gas Reporting Program data.
API notes its members are already investing in direct air carbon capture, carbon capture use astorage, CCS, decarbonisation infrastructure such as CO2 pipelines, sustainable and efficient fuels, and lower cost, low-carbon hydrogen. (Source: API. PR, Website, 16 Feb., 2021) Contact: API, Mike Sommers, CEO, (202) 682-8114, www.api.org
More Low-Carbon Energy News American Petroleum Institute, GHG, Climate Change, Carbon Emissions, Methane,
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:
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, firstname.lastname@example.org, www.cdp.net
More Low-Carbon Energy News Carbon Disclosure Project, ENVIVA, Enviva, Net-Zero Emissions, Wood Pellet, Woody Biomass,
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,
In the study, UC Davis applied three different estimates of energy intensity, which is the amount of energy embedded within water. The first directly assessed the LADWP service territory; the second had an expanded boundary that included LADWP's imported water infrastructure systems; and the third was a broader estimate for the entire regional hydrologic zone. Researchers also analyzed data on the costs and estimated savings of LADWP's water conservation and energy efficiency programs.
LADWP's estimated energy savings secured through water conservation programs -- high-efficiency washing machines, toilets/urinals and irrigation systems, and others -- was cost-competitive with LADWP's energy efficiency programs such as more efficient lighting, HVAC and refrigeration systems.
(Source: UC Davis, PR, India Education Diary Bureau Admin, 7 Jan., 2021)
Contact: UC Davis Civil and Environmental Engineering Department, Prof. Frank Loge, www.cee.engineering.ucdavis.edu;
LADWP, Nancy Sutley, Regulatory Affairs and Chief Sustainability Officer, (800) 342-5397, www.ladwp.com
More Low-Carbon Energy News UC Davis, LADWP, Energy Efficiency,
The program measures the total emissions per unit of energy for many different fuels, using the framework created by the Oregon GREET model. Each individual transportation fuel has a "fuel pathway" assigned to its own unique carbon intensity value.
Download Oregon Clean Fuels Program details HERE . (Source: Oregon Department of Environmental Quality, Jan., 2021) Contact: Department of Environmental Quality, Clean Fuels Program, 503-229-5388, OregonCleanFuels@deq.state.or.us, www.deq.or.us
More Low-Carbon Energy News Oregon Department of Environmental Quality , Alternative Fuel, Clean Fuel, Low-Carbon Fuel,
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, email@example.com, www.keystonexl.com
Using patented technology exclusive to Aemetis for agricultural waste wood feedstock, the Carbon Zero plants are integrated with existing Aemetis production facilities to produce energy dense renewable fuels using renewable energy and below zero carbon intensity waste feedstocks.
The first Carbon Zero production plant -- Carbon Zero 1 -- is planned for Central California on a former Army ammunition production facility. It will extract sugars from waste wood and process the sugar into renewable fuel.
Aemetis' Carbon Zero plants are designed to convert below zero carbon feedstocks (waste wood and agricultural waste) and renewable energy (biogas, RNG, solar) into energy-dense liquid renewable fuels that when used in hybrid electric vehicles or other vehicle engines, will have a "below zero carbon" greenhouse gas (GHG) footprint across the entire lifecycle of the fuel, based on the Argonna National Laboratory"s GREET model, according to the release. (Source: Aemetis, PR, Website, 18 Jan., 2021) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, firstname.lastname@example.org, www.aemetis.com
More Low-Carbon Energy News Aemetis , Ethanol, Renewable Fuel,
Continuing the planet's long-term warming trend, the year's globally averaged temperature was 1.84 degrees F (1.02 degrees C) warmer than the baseline 1951-1980 mean, according to scientists at NASA's Goddard Institute for Space Studies (GISS) in New York. (Source: NASA Goddard Institute for Space Studies, PR, 14 Jan., 2020) Contact: NASA Goddard Institute for Space Studies, www.giss.nasa.gov
More Low-Carbon Energy News NASA news, Climate Change news, Carbon Emissions news, GHGs news,
A Net-Zero Project aims to convert renewable energy such as photosynthetic, wind, renewable natural gas (RNG), biogas, from various sources into energy dense liquid hydrocarbons that achieve net-zero greenhouse gas (GHG) emissions across the fuel's whole lifecycle -- from the way carbon is captured from the atmosphere, and processed to make liquid transportation fuel products.
Net-Zero 1 to be constructed at Lake Preston, South Dakota is expected to have a capacity of 45 MMgy of hydrocarbons (for gasoline and jet fuel, based on current take-or-pay contracts) and to produce more than 350 million ppy per year of high protein feed products as well as produce sufficient renewable natural gas (RNG) to meet production process needs.
Net-Zero 1 is projected to come in at roughly $700 million including the hydrocarbon production and related renewable energy infrastructure which includes anaerobic digestion to produce biogas to run the plant and generate electricity on-site. (Source; GEVO, PR, 11 Jan., 2021.
In other GEVO news as of December 31, 2020, the company paid off the outstanding balance of $12.7 million in 12 pct convertible senior secured notes and reduced the group's general corporate secured debt balance to zero, according to a GEVO release.
As reported on 8 Jan., GEVO Inc. has contracted with Koch Industries' Houston-headquartered subsidiary Koch Project Solutions, LLC to provide front-end engineering, design and project execution management services for the expansion projects that GEVO is in the process of financing with Citigroup Global Markets, Inc. (Source: GEVO Inc., Jan, 2021)
Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, email@example.com, www.gevo.com
More Low-Carbon Energy News GEVO, Gevo, Net Zero Emissions, RNG, Alternative Fuel,
As previously noted, Norway -- western Europe's largest oil and gas producer -- aims to cut its greenhouse gas emissions by 50 pct or more by 2030 compared with 1990 levels. (Source: Gov. of Norway, Ministry of Climate and Environment, Jan., 2020)
Contact: Norwegian Ministry of Climate and Environment,
Sveinung Rotevatn, Minister, +47 22 24 57 11, firstname.lastname@example.org, www.regjeringen.no/en/dep/kld/id668
More Low-Carbon Energy News Norway Carbon Tax, Carbon Tax, GHGs,
The Southern California Edison (SCE) administered program payments are funded through SCE's cap-and-trade auction revenues and is based on actual metered results. Success is measured on greenhouse emissions avoided, rather than the standard method of measuring reduced energy use.
In qualifying for the payment, CSUDH upgraded its natural gas absorption chillers with electric chillers, and one large natural gas boiler with eight small condensing staged boilers for a 57 pct reduction in natural gas usage, a 2.8 million gallons drop in water usage in one year, and significantly cut to CSUDH's greenhouse gas emissions. Other energy savings initiatives included installation of new LED lighting and smart sensors in several campus buildings.
(Source: California State University Dominguez Hills, PR, Daily Breeze, 6 Jan., 2020) Contact: California State University Dominguez Hills, 310-243-3696, www.csudh.edu
More Low-Carbon Energy News Southern California Edison, GHGs, Greenhouse Gas 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,
The standards meet the EPA's obligation under the Clean Air Act to adopt GHG standards for certain classes of airplanes as a result of the 2016 Finding That Greenhouse Gas Emissions From Aircraft Cause or Contribute to Air Pollution That May Reasonably Be Anticipated To Endanger Public Health and Welfare for six well-mixed GHGs emitted by certain classes of airplane engines. Airplane engines emit only two of the six well-mixed GHGs, CO2 and nitrous oxide (N2O).
Download the program HERE. (Source: Pronceton University, Dec., 2020)
The study -- which began in January -- takes a holistic look at CO2 and methane emissions in the broader Ketchum, Sun Valley and Blaine County Idaho community. Using the most recent available data from utility companies, the study found residential and commercial emissions from natural gas and electricity made up 33 and 29 pct, respectively, of the total community greenhouse gas emissions. Transportation emissions from fossil fuels represented 30 pct, solid waste emissions, 5 pct and industrial emissions and natural gas leaks finished at 3 pct. The audit does not include data from Friedman Memorial Airport, which accounts for over 40 pct of the city's ground-level emissions.
Additionally, the city of Hailey is considering a standalone agreement with Idaho Power that would see the utility regularly update the city on renewable energy projects and provide the city with aggregated data on energy use starting in 2022.
The study is considered a starting point for the community's plan to transition to 100 pct renewable electricity by 2035. (Source: City of Hailey, Idaho Mountain Express, 16 Dec., 2020)
Contact: City of Hailey, Rebecca Bundy, 208-788-4221, www.haileycityhall.org;
Idaho Power, Megan Ronk, Director of Business Innovation and Dev.,
Local Governments for Sustainability, www.iclei.org
More Low-Carbon Energy News GHG, Greenhouse Gas Emissions,
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,
Toronto-headquartered CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients and $768.545 billion (Cdn) in total assets.
(Source: CIBC, PR, 14 Dec., 2020) Contact: CIBC, www.cibc.com/en/about-cibc/corporate-responsibility/environment.html; CDP, Lance Pierce, Pres. North America, (212) 378 2086, email@example.com, www.cdp.net
More Low-Carbon Energy News Carbon Disclosure Project, CIBC, CDP, Climate Change,
The €30 billion scheme, which will run until 2025, will support cost effective renewable energy, use of waste heat, hydrogen production, carbon capture and storage(CCS) and other environmentally-friendly projects in line with EU rules.
Scheme beneficiaries will receive support via a variable premium contract of up to 15 years, according to the EC release. (Source: European Commission, EU Reporter, 15 Dec., 2020)Contact: EU Green Deal, ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal_en
More Low-Carbon Energy News European Commission , European Green Deal, Carbon Emissions, GHGs,
The Chinese President added China, the world's largest GHG emitter, would cut CO2 per unit of GDP by 65 pct by 2030, from a 2005 baseline, and increase its forest stock by six billion cubic meters over the same time-frame. The cuts in carbon intensity are expected to be be achieved through an increased reliance on renewable energy.
The virtual summit -- hosted by the UN alongside the UK, France, Italy and Chile -- was a "launch-pad" event for nations and businesses to announce enhanced climate pledges as part of the Paris Agreement, and marks five years since the landmark treaty was brokered at COP21. (Source: Various Media, 12 Dec., 2020)
More Low-Carbon Energy News COP21, Paris Climate Agreement, China Climate Change,