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Boralex Supplying Wind Power to French Data Centers (Int'l.)
Boralex, IBM
Date: 2021-04-30
Montreal-based renewable energy specialist Boralex Inc. is reporting a 5-year PPA under which it will supply IBM's data centers in France with renewable electricity equivalent to 55 pct of the IBM's annual consumption.

The power will be sourced from Boralex's wind asset portfolio, specifically from assets whose contracts with EDF will have expired. Boralex is the largest independent producer of onshore wind power in France, (Source: Boralex, PR, 29 Apr., 2021)Contact: Boralex, Patrick Lemaire, Pres., CEO, (514) 985-1353, www.boralex.com

More Low-Carbon Energy News Boralex,  Wind,  


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,  


IBM Trumpets CO2 Emissions Reduction Success (Ind. Report)
IBM,Climate Leadership Council
Date: 2020-07-15
IBM, a Founding Member of the Climate Leadership Council, reports it has 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 notes 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 Sustainability Report, July, 2020) Contact: IBM, www.ibm.com/us-en; Climate Leadership Council, Greg Bertelsen, www.clcouncil.org;

More Low-Carbon Energy News IBM,  Carbon Emissions,  Renewable Energy,  Climate Leadership Council,  


ExxonMobil -- Climate Change, the Work Ahead Opinions & Asides)
ExxonMobil
Date: 2020-01-13
"As we wrap up 2019, it's useful to take stock of the past year and keep looking ahead to the future and what we need to do to accomplish our energy goals. We need to do a lot. We are at a crucial inflection point with climate change, as is all too clear from the regular stream of updates in our news feeds every day. ExxonMobil’s annual Energy Outlook, which came out recently, discusses how the world is still offtrack to meet certain climate goals without a lot of additional effort.

"That further work means continued technology innovation. We have to keep finding and inventing solutions to the myriad of individual problems posed by the dual challenge. These different efforts -- both within and outside of our own research labs -- are all essential to moving us forward. They include the important renewables work being done with wind, solar and geothermal by so many around the world; they also include research focused on carbon capture technology and biofuels -- and everything in between. On ExxonMobil’s end, we are proud of our portfolio of innovative emission-lowering projects that have led to more than 10,000 patents in the last decade. Since 2000, we've spent $16.5 billion on this kind of R&D.

"Moving into 2020, we need to stay focused on several key themes related to solving the dual challenge: scale, speed, collaboration and training the next generation of scientists, engineers and other problem solvers. Scale is everything in our efforts. Reducing carbon emissions to fight climate change as we simultaneously deliver more and more energy to a growing world is a big job. And it's not just one job. As I said earlier this year, 'Not only are the sizes we are talking about so big they are sometimes unfathomable, but we must deploy solutions globally AND across countless end uses. It's not one equation with one unknown, but multiple equations with multiple unknowns.'

"As we work to solve for these multiple unknowns, we are pursuing projects big and small. What they share in common is the strict requirement that they must lead to a scalable solution. Energy is gigantic, from the infrastructure that supports it to the markets that drive its supply and demand. Any solution we find in the lab, however brilliant, must be ready to immediately scale.

"And it needs to happen quickly. As we know, scientific discovery is an ongoing endeavor -- you can't put a deadline on invention. But we can accelerate innovation. First, we can follow the example of parallel processing from computer science. In our labs, we don't wait for the basic science to be definitively 'concluded' (if it even can be). We start the engineering while we're still doing the science and iterate between the two. That requires collaboration between different types of researchers and innovators – between our corporate lab and government and academic labs, for example -- and that's the other way we speed up scalable solutions: with partnerships. Partnerships are a force multiplier. They are absolutely key when it comes to solving the dual challenge. When I look back on the past year, I am proud of the scope and variety of partnerships we undertook as a company. To name just a few:

  • National Renewable Energy Laboratory and the National Energy Technology Laboratory (and other DOE-funded labs) -- in a 10-year, $100 million collaboration to bring advanced energy technologies to market at scale, focused on reducing carbon emissions.

  • IBM -- to collaborate on quantum computing that could help make energy exploration and extraction enormously efficient.

  • MIT Energy Initiative -- to extend our existing relationship supporting this project, which is committed to discovering new emission-reducing technology.

    Indian Institutes of Technology (IIT) locations in Madras and Bombay -- to continue our research with scientists and students working on the ground in India to address the energy needs and challenges on the subcontinent, including studying life cycle greenhouse gas emissions in India's power sector.

  • Clariant and Genomatica -- to convert residue left over from farming into biofuel that can power trucks, ships and more. Clariant has expert processes to extract sugars from agricultural leftovers like wheat straw, while Genomatica turns sugars into biofuels.

  • Global Thermostat -- to evaluate the scalability of their innovative carbon capture technology, which removes CO2 from the atmosphere and industrial sources.

  • Microsoft -- to digitally transform 1 million acres of unconventional oil and gas fields in the Permian Basin, making it the largest-ever oil and gas acreage to use cloud technology, and also making it more efficient. Energy efficiency is an often overlooked area when we think about the dual challenge.

    (Source: ExxonMobil, PR, , 31 Dec., 2019) Contact: ExxonMobil, Dr. Vijay Swarup, VP Research and Development , www.linkedin.com › dr-vijay-swarup-120a95159, (972) 444-1107, www.exxonmobil.com

    More Low-Carbon Energy News Climate Change,  ExxonMobil,  Vijay Swarup ,  


  • IBM Climate Change Policy Supports Early Climate Action and Carbon Tax (Opinions, Editorials & Asides)
    IBM
    Date: 2019-12-06
    "IBM has stated for more than a decade that climate change is a serious concern that warrants meaningful action on a global basis. Notwithstanding many important efforts, this remains the case today. The Earth's climate is warmer now than it was before the onset of the modern industrial era, and the increased temperature presents significant adverse risks which cannot be ignored. Greenhouse gases like carbon dioxide fuel this warming. According to scientists, the amount of carbon dioxide in the Earth's atmosphere is now greater than it has been for the last several hundred thousand years. Compounding this circumstance is the fact that carbon dioxide remains in the atmosphere for quite a long time after having been emitted.

    "Some may debate how this happened, but that doesn't change the need to address it. Although our collective use of fossil fuels for energy has enabled remarkable economic development, the use of fossil fuels has also resulted in substantial emissions of carbon dioxide, and the cost of these emissions has not been reflected in the price of energy. As a matter of policy, this should change.

    "IBM is no newcomer to the realm of climate change. In 2017, we reaffirmed our support for the 2015 Paris Agreement to limit global warming to below 2 degrees C above pre-industrial levels. Our commitment to the Paris Agreement builds on a long history of leadership in this space. In 1992 IBM helped the U.S. EPA launch the ENERGY STAR program. In 1994 we began to voluntarily disclose carbon dioxide emissions associated with IBM's consumption of energy and have done so annually now for 26 years. And in 2015, IBM was one of the first signatories to the American Business Act on Climate Pledge to demonstrate our support for the Paris Agreement.

    "Performance is a key measure of commitment. IBM has reduced the carbon dioxide emissions associated with our consumption of energy by 32 pct since 2005. We are on track to achieve our goal of a 40 pct reduction by 2025, a rate consistent with what scientists say is needed to limit warming to between 1.5 and 2.0 degrees C. Energy conservation has been -- and remains -- a key ingredient for this. IBM continues to rigorously conserve energy equal to at least 3 pct of its annual consumption, something we have done for decades. Reducing consumption, when possible, is preferable to purchasing offsets.

    "Responsible companies should also make transparent commitments regarding their consumption of renewable energy. Today, 38 pct of the global electricity IBM consumes comes from renewable sources, and we aim to increase this to 55 pct by 2025. Importantly, IBM does not rely upon the purchase of unbundled Renewable Energy Certificates (RECs) to offset its consumption of electricity from fossil fuels and thereby claim the company is a certain 'percent renewable.' Transparency matters in the transition away from carbon-based fuels, which is why our reporting about the use of renewables reflects our actual physical and matched consumption of renewable electricity.

    "Climate change is real, and that is why IBM supports a responsible plan to tax carbon emissions. It is also why IBM supports the Paris Agreement and is on track as a company to reduce emissions associated with our consumption of energy consistent with what scientists say is needed. And it is why we are making transparent our own use of renewable energy and aiming to increase that use substantially.

    "The enormity of the challenge requires more than business as usual. Putting a price on carbon emissions requires a plan in which economies will keep growing, but in a way that addresses the risks of a changing climate. We believe the Climate Leadership Council plan is the best way to secure agreement for action, and IBM will work to build support for it with elected officials, corporate colleagues, and our fellow citizens." (Source: IBM-The Weather Company (an IBM company), 2 Dec., 2019)

    More Low-Carbon Energy News IBM,  Carbon Tax,  Climate Change,  


    Notable Quote
    IBM
    Date: 2018-08-20
    "When it comes to climate change, if you're the atmosphere, there's only one thing you care about, and it's reducing emissions." -- Wayne Balta, IBM VP Corporate Environmental Affairs

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


    Notable Quotes and Duly Noted
    IBM
    Date: 2018-07-13
    "When it comes to climate change, if you're the atmosphere, there's only one thing you care about, and it's reducing emissions." -- Wayne Balta, IBM VP Corporate Environmental Affairs

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


    Veridium, IBM Partner on VERDE Carbon Credit Tokens (Int'l)
    Veridium
    Date: 2018-05-18
    Environmental FinTech company Veridium reports it is partnering with IBM to help transform the carbon credit market using blockchain technology.

    Veridium, a collaborative initiative of EcoSmart Labs, Brian Kelly Capital Management, IDEAcarbon, Everland and CBL Markets, will leverage IBM's blockchain technology and expertise to transform carbon credits into a new type of digital asset that can be redeemed and traded. IBM will provide the token architecture and token interface with its various industry specific Hyperledger Fabric blockchain platforms.

    According to Veridium, integrating the entire process of carbon accounting and offsetting into a digital token on a public, permissioned blockchain network can help make measuring environmental impact, transferring ownership rights, and redeeming the underlying carbon offset more efficient.

    The token, called VERDE, will represent carbon accounting and offsetting backed by environmental assets, including Triple Gold REDD+ credits from InfiniteEARTH, which authored the first REDD+ forest carbon accounting methodology, a protocol now embodied in the UN Paris Agreement. (Source: Veridium, Block Tribune, 17 May, 2018) Contact: Veridium, Todd Lemons, CEO, www.veridium.io; IBM, Bridget van Kralingen, Senior VP, Industry Platforms and Blockchain, www.ibm.com/us-en

    More Low-Carbon Energy News Veridium,  Carbon Credit,  

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