The Pre-FEED work will focus on engineering design, further developing costs, economic modelling, and final site selection.
When fully operational in 2026, the first of its kind in Europe facility will permanently remove roughly 500,000 to one million tpy of carbon dioxide from the atmosphere.
According to the release, DAC technology, when combined with secure geological storage, delivers the permanent and verifiable removal of carbon dioxide from the air, reversing the emissions process. Carbon Engineering has to date raised more than $100 million from Microsoft Corp. co-founder Bill Gates, Chevron Technology Ventures and others.
(Source: Carbon Engineering, Website PR, 23 June, 2021) Contact: Carbon Engineering, Steve Oldham, CEO, www.carbonengineering.com
More Low-Carbon Energy News Carbon Engineering, Carbon Capture, CO2, Carbon Emissions ,
Backed by Fortum, puro.earth offers verifiable and tradable carbon removal credits on an open, online platform, with existing corporate clients that include Microsoft, and other majors. Puro.earth CO2 Removal Certificates (CORCs) are based on technologies for long-term carbon removal, such as storing carbon in a solid structures made from industrial waste.
Nasdaq is taking a majority stake in the puro.earth platform for an undisclosed sum. (Source: Nasdaq, Fortum, June, 2021) Contact: puro.earth, +358 40 5233880, email@example.com, www.puro.earth; Fortum Oyi, www3.fortum.com
More Low-Carbon Energy News Nasdaq, Fortum, Carbon Credit, Carbon Market,
These recommendations aim to accelerate further development in the space by mobilizing a combination of research, development and demonstration (RD&D), deployment incentives, infrastructure and regulations over the next 1-3 years.
In this policy roadmap, Carbon180 is calling on Congress to fulfill a series of actions across sectors to drive this industry forward, including:
Congressional attention and funding around carbon removal solutions has gained significant momentum over the last five years and especially in the last 12 months. The 2020 Omnibus Bill delivered historic wins for carbon removal and both the SCALE Act and the REPLANT Act, introduced in the first four months of the 117th Congress, signal a promise to accelerate land- and tech-based solutions. Alongside the continued support from the Biden administration and private sector leaders, including Stripe, Shopify, and Microsoft, carbon removal is positioned to grow into a booming industry. Congress now has the opportunity to solidify US leadership on climate and elevate carbon removal as a climate solution mainstay.
Download the Carbon180 reports and recommendations HERE.
(Source: Carbon180, PR, May, 2021) Contact: Carbon180, Erin Burns, Exec. Dir., firstname.lastname@example.org, www.carbon180.org
More Low-Carbon Energy News Carbon Emissions, CCS,
According to RMI's managing director of climate intelligence Ned Harvey, "SABA will build on the strong foundation of these global efforts, and develop a system that enables SAF to grow at the same pace and scale that renewable electricity grew over the last decade. The benefits of investing in SAF will go beyond the aviation sector, creating vast new clean energy jobs and new, sustainable revenue sources for farmers and tech innovators."
(Source: EDF, PR, 20 Apr., 2021) Contact: EDF, www.edf.org
More Low-Carbon Energy News Sustainable Aviation Fuels, SAF, RMI,
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,
Front-end engineering and design processes will begin immediately, with the hopes of securing a final investment decision in 2022.
Microsoft is notably targeting negative emissions by 2030 and the removal of all historic corporate emissions by 2050. (Source: Chevron, PR, edie news, 8 Mar., 2021)
More Low-Carbon Energy News Carbon Capture news, Syngas news, Biomass news, Bioenergy news,
"What's remarkable is not how much emissions will go down because of the pandemic, but how little. The relatively small decline in emissions this year makes one thing clear: We cannot get to zero emissions simply -- or even mostly -- by flying and driving less. That's not to say that reducing consumption of fuel that emits carbon gas emissions is not a worthy goal, just that it is not enough." -- Microsoft founder and billionaire philanthropist Bill Gates, Jan 2021
Contact: Gates Notes, www.gatesnotes.com
"And I own big houses and fly in private planes -- in fact, I took one to Paris for the climate conference, so who am I to lecture anyone on the environment? I plead guilty to all three charges. I can't deny being a rich guy with an opinion. I do believe, though, that it is an informed opinion, and I am always trying to learn more."
Gates notes that while he admires the passion of the "Extinction Rebellion", discounts Greta Thunberg's impact and sees the Green New Deal as "a fairy tale", he is convinced there isn't the time, money or political will to reconfigure the world energy sector in 10 years.
According to Gates, a meaningful reduction in emissions demands an all-encompassing approach -- "zero-carbon ways to produce electricity, make things, grow food, keeping our buildings cool or warm, and move people and goods around the world. People need to radically change how they produce the worst climate offenders: steel, meat and cement. In his view, the single most useful thing individuals can do is to educate themselves and better judge the impact of various solutions. (Source: Bill Gates, How to Avoid a Climate Disaster: the Solutions We Have and the Breakthroughs We Need, Feb., 2021) Contact: Bill Gates, Gates Notes, www.gatesnotes.com
More Low-Carbon Energy News Bill Gates, Climate Change,
Under the MoU, MoU stipulates the two sides would work on a model for a conventional investment. Namely, Microsoft has earmarked $1 billion for technology that prevents CO2 from escaping into the atmosphere. The two firms will also jointly explore and establish advocacy of policies that accelerate CCS's contribution to Europe's meeting its climate goals.
The Northern Lights initiative, which is equally owned by Equinor, Royal Dutch Shell and Total, is expected to begin operations in 2024 with a first-phase capacity of 1.5 billion tonnes of CO2.
(Source: Microsoft, Balkan Green Energy News, 21 Oct., 2020)
Contact: Northern Lights Project, Sverre Overaa, Director, email@example.com, Per Sandberg, Bus. Dev, firstname.lastname@example.org,
www.northernlightsccs.com; TOTAL, www.total.com; Equinor, www.equinor.com; SHELL, www.shell.com; Microsoft Corporate Offices, www.headquartersinfo.com/microsoft-headquarters-information
More Low-Carbon Energy News Microsoft, Equinor, Northern Lights, CCS,
"It's important that what we build leaves a positive legacy, that we don't build it on the back of fossil fuels, but rather, we build it on the back of the next generation of energy technology of wind and hydro and solar." -- Brian Janous, Microsoft Lead Energy Manager, 19 July, 2019, Microsoft Corporate Offices, www.headquartersinfo.com/microsoft-headquarters-information
More Low-Carbon Energy News Microsoft, Climate Change,
The bill creates a certification program at USDA so that farmers and forest landowners can better participate in voluntary carbon credit markets that can help land managers pay for conservation practices, which in turn could help to store carbon in soil, trees, and ecosystem restoration projects.
The bill's lead sponsor, Senator Mike Braun, (R-IN) serving on the Senate Agriculture Committee, is joined by Debbie Stabenow (D-MI), along with Lindsay Graham (R-SC) and Sheldon Whitehouse (D-RI.) The American Farm Bureau Federation, National Farmers Union, National Milk Producers Federation, Environmental Defense Fund, World Wildlife Fund, McDonald's, and Microsoft are among the bill's supporters. (Source: Daily Yonder, 7 July, 2020)
More Low-Carbon Energy News Carbon Credit, USDA, Carbon Credit Market,
The report was developed by: Air Liquide; American Honda Motor Co., Inc; Audi; Chevron; Cummins Inc.; Daimler AG: Mercedes-Benz FuelCell GmbH/Mercedes-Benz Research & Development North America; Engie; Exelon Corporation; Hyundai Motor Company; Microsoft; Nikola Motors; Nel Hydrogen; Plug Power; Power Innovations; Shell; Southern California Gas Company; Southern Company Services; Toyota; and Xcel Energy.
Bill Gates is an American business magnate, investor, author, philanthropist, and humanitarian best known as the principal founder of Microsoft Corporation. Gates' fortune is estimated at $100 billion. (Source: Bill Gates, Gates Notes, CIRCASA, 3 April, 2019)Contact: Gates Notes www.gatesnotes.com
More Low-Carbon Energy News Microsoft, Bill Gates, Decarbonization,
"It's important that what we build leaves a positive legacy, that we don't build it on the back of fossil fuels, but rather, we build it on the back of the next generation of energy technology of wind and hydro and solar." -- Brian Janous, Microsoft Lead Energy Manager, !9 July, 2019
More Low-Carbon Energy News Microsoft, Climate Change, Renewable Energy,
To that end, the high tech giant will: start expanding its internal carbon fee to cover scope three emissions, indirect emissions of activities like goods production and waste; invest in new and improved carbon removal and reduction technologies ; launch a $1 billion climate innovation fund; advocate for greater transparency when it comes to pollution and carbon footprints;
help suppliers and customers worldwide reduce their carbon foot print; and ultimately remove all of the carbon it emitted since its founding in 1975.
(Source: Microsoft, PR, ITPro, Various Others, 17 Jan., 2020)Contact: Microsoft Corporate Offices, www.headquartersinfo.com/microsoft-headquarters-information
More Low-Carbon Energy News Mocrosoft, Carbon Footprint, Carbon Emissions, Climate Change,
"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:
(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 ,
(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
The company's technology works by using cutting-edge computer vision technology to align a large array of mirrors to reflect sunlight to a precise target. The process creates heat exceeding 1,000 degrees Celsius (1,832 Fahrenheit), that can replace traditional fuels such as coal, gas and oil in the production of materials such as cement, steel and petrochemicals.
The company was founded by entrepreneur and inventor Bill Gross with the backing of Microsoft co-founder Bill Gates'
Breakthrough Energy Ventures Fund , AOL founder Steve Case, Los Angeles-based investor and entrepreneur Dr. Patrick Soon-Shiong and others.
(Source: Heliogen, Geek Wire, 19 Nov., 2019)
Contact: Heliogen, Bill Gross, CEO, Fatimah Bello, VP, Business Development
626.585.6900, email@example.com, www.heliogen.com
More Low-Carbon Energy News Concentrated Solar, Heliogen, Edisun, Solar,
The Borssele III & IV wind farm is being developed by the Blauwwind consortium -- Partners Group, Shell, Eneco,Van Oord -- and will incorporate 77 MHI Vestas 9.5MW wind turbines installed 22km offshore Zeeland. The project is slated for commissioning and operation in 2021.
(Source: Microsoft, Offshore Wind, 23 May, 2019) Contact: Microsoft Netherland, Ernst-Jan Stigter, General Manager, +31 20 500 1500, www.microsoft.com/nl-nl/overnederland;Blauwwind ConsortiumBlauwwind , LinkedIn
More Low-Carbon Energy News Blauwwind, Microsoft, Offshore Wind,
Under the program, King County acquires high-value forests that are at risk of development and then offers buyers the opportunity to purchase carbon credits generated by keeping carbon in the forests. The county will then invest the revenue generated by the program to protect additional forests and offer credits to additional buyers.
In the first five years of the program, the urban and rural components of King County's Forest Carbon Program will store at least 100,000 metric tons of CO2 that otherwise would have been released into the atmosphere.
The project will meet standards developed by the internationally recognized Verified Carbon Standard, while the county's urban forest carbon projects meet the standards developed by City Forest Credits, a Seattle-based nonprofit that developed an innovative verification protocol for urban forest canopy preservation.
Microsoft has committed to purchasing all of the credits from the rural program in its first year to offset carbon emissions from its operations.
Download program details HERE. (Source: King County Washington, PR, 9 May, 2019) Contact: King County, https://kingcounty.gov
More Low-Carbon Energy News Carbon Credits, Microsoft, Forest Carbon, Verified Carbon Standard,
According to the organization's website, The founding Members of the Climate Leadership Council believe that America needs a consensus climate solution that bridges partisan divides, strengthens our economy and protects our shared environment."
The Council's carbon dividends solution embodies the conservative principles of free markets and limited government. It also offers an equitable, popular and politically-viable way forward, paving the way for a much-needed bipartisan climate breakthrough. The Council's carbon dividends program is based on four interdependent pillars:
Alongside a growing carbon tax, the Climate Leadership Council wants to rollback carbon regulations that are no longer necessary and pay these carbon taxes back to citizens in the form of dividends. The group also plans to push for rising carbon taxes in replacement of other climate legislation while protecting its members from historic climate damage payments, according to its website.
Microsoft recently committed to a $15 per ton internal carbon tax and announced that its campus will soon be run with 100 pct carbon-free electricity. It also ramped up its data center plans to run on 70 pct renewable by 2023. (Source: Microsoft, Climate Leadership Council, WinBuzzer, 2 May, 2019) Contact: Climate Leadership Council, www.clcouncil.org
More Low-Carbon Energy News Climate Leadership Council, Carbon Emissions, Carbon Tax,
Additionally, Microsoft plans to nearly double its 2012 "internal carbon tax" to $15 per metric ton as part of the effort. The "internal carbon tax" is based on projected carbon emissions from each part of the company -- everything from carbon use in buildings to transportation.
The tax produces about $30 million annually for a fund Microsoft uses to invest in energy improvements.
The company also plans to join the Climate Leadership Council and advocate for carbon pricing nationwide as part of the new sustainability push.
(Source: Microsoft, GeekWire, 16 April, 2019)
More Low-Carbon Energy News Microsoft, Renewable Energy,
The funds from this higher fee will both maintain Microsoft's carbon neutrality and help the company take a tech-first approach that will put sustainability at the core of every part of the company's business and technology to work for sustainable outcomes and to cut
the company's operational carbon footprint.
(Source: Microsoft Blog, Brad Smith, Pres., 15 April, 2019)Contact: Microsoft Corporate Offices, www.headquartersinfo.com/microsoft-headquarters-information
More Low-Carbon Energy News Carbon Fee, Carbon Tax, Microsoft,
"De-carbonizing the way we generate electricity would be a huge step, but it won't be enough if we don't reach zero net emissions from every sector of the economy [...] That includes the agriculture, forestry, and land use sector, which is responsible for 24 percent of all greenhouse gas emissions." -- Bill Gates
Bill Gates is an American business magnate, investor, author, philanthropist, and humanitarian. He is best known as the principal founder of Microsoft Corporation. Gates' fortune is estimated at $100 billion. (Source: Bill Gates, Gates Notes, CIRCASA, 3 April, 2019)Contact: Gates Notes www.gatesnotes.com
More Low-Carbon Energy News Bill Gates, GHGs, Greenhouse Gas Emissions,
Microsoft entered into a 15-year deal, by which it will be the single off-taker of the renewable energy produced by the estimated $20 million Wilkinson Solar Energy Center. (Source: Microsoft,
Zacks Equity Research March 07, 2019) Contact: Invenergy, Nick Matchin, Manager for Renewable Development, (312) 224-1400, www.invenergyllc.com; Microsoft Corporate Offices, www.headquartersinfo.com/microsoft-headquarters-information
More Low-Carbon Energy News Microsoft, Invenergy, Renewable Energy,
Malta Inc. is looking to commercialize the heat pump energy storage system that uses electricity to drive a heat pump which converts the electrical energy into molten salt thermal energy by creating a temperature differential.
Malta Inc. will work with industry partners including Sweden-based heat exchange manufacturer Alfa Laval, Hong Kong-based Concord New Energy Group and US-based Breakthrough Energy Ventures LLC (led by Microsoft founder Bill Gates), to make this technology cost-effective.
(Source: Malta Inc., Hudrocarbons 21, 3 Dec., 2019)
Contact: Malta Inc., https://x.company/projects/malta
More Low-Carbon Energy News Energy STorage, Malta Inc.,
I 1631 aimed to charge oil companies and other significant emitters $15 per ton of carbon released -- increasing by $2 per year until 2035. The approximately $1 billion per year it was expected to raise was earmarked for clean energy projects, public transportation, environmental conservation, and green jobs programs.
In 2016, another initiative, 732, proposed a tax on carbon in exchange for reduced sales and manufacturing taxes and creating a fund for low-income families–an approach intended to appeal to conservatives. The strategy missed the marked with only 40.7 pct of the vote. Earlier this year, too, the state legislature attempted to pass a carbon tax measure, but that died when it failed to collect enough votes in the Senate to advance.
Organized opposition to I 1631 campaign was sponsored by the Western States Petroleum Association -- an umbrella organization for BP, Chevron, Shell,Exxon) and others. In Washington, 54.5 pct of Washington State's carbon emissions reportedly come from gas and diesel used in transportation. In most states, the power generation sector is credited with the bulk of the state's carbon emissions. (Source: Various Media, 9 Nov., 2018) Contact: Office of Washington Sate Gov. Jay Inslee, Communications Office, Tara Lee, (360) 902-4136, www.governor.wa.gov; Western States Petroleum Association, www.wspa.org
More Low-Carbon Energy News I 1631, Carbon Tax, Washington Carbon Tax, Jay Inslee,
The Wynn announcement follows on the heels of the Wynn Solar Facility, a new 160-acre solar complex dedicated to generating renewable energy to power the Las Vegas resort. Combined with 103,000 square feet of on-site rooftop solar panels, Wynn Las Vegas is creating and using more than 45 million kilowatt-hours (kWh) of green power annually, which is enough green power to meet 25 percent of the resort's electric load.
Wynn Las Vegas becomes the largest Green Power Partner in the hotel industry in the nation and remains dedicated to increasing sustainable design practices, creating and sourcing renewable energy, energy efficiency and exceeding US Green Building Council LEED Gold Building Certification standards.
The Green Power Partnership aims to increase the use of green energy and advance the green power market. The 1,500-strog partnership -- which counts Microsoft, Intel, Bank of America, Apple, Johnson & Johnson and Starbucks among its members --
voluntarily uses nearly 53 billion kWh of green power annually.
(Source: Wynn Las Vegas, PR, 29 Oct., 2018) Contact: Wynn Las Vegas,
www.wynnlasvegas.com; EPA Green Power Partnership, www.epa.gov/greenpower
More Low-Carbon Energy News EPA Green Power Partnership,
The distinction comes less than five months after the debut of the Wynn Solar Facility, a new 160-acre solar complex solely dedicated to generating renewable energy to power the Las Vegas resort. Combined with 103,000 square feet of on-site rooftop solar panels, Wynn Las Vegas is creating and using more than 45 million kWh of green power annually, which is enough green power to meet 25 pct of the resort's electric load.
Other Green Power Partners,
The Green Power Partnership is a voluntary program that helps increase green power use among U.S. organizations to advance the American market for green power and development of those sources as a way to reduce air pollution and other environmental impacts associated with electricity use. The Partnership has over 1,500 partners -- including Microsoft, Intel, Bank of America, Apple, Johnson & Johnson and Starbucks --
voluntarily using nearly 53 billion kWh of green power per year..
(Source: Wynn Las Vegas, PR, 29 Oct., 2018) Contact: Wynn Las Vegas, Erik Hansen, Chief Sustainability Officer, www.wynnlasvegas.com; EPA Green Power Partnership, www.epa.gov/greenpower
More Low-Carbon Energy News Renewable Energy news, Green Energy news, EPA Green Power Partnership news,
Energy is a key theme in the research with 97 pct of Dow 30 companies already implementing energy efficiency technologies and 87 pct using renewable energy, whether it is purchased from verified sources or generated on-site. Moreover, 13 pct of DOW 30 organizations are actively divesting from fossil fuels and a further 47 pct of DOW 30 companies have adopted green finance policies or consider sustainability in their investment decisions.
EcoAct also scored companies in three other international indices -- the FTSE 100 (London,) CAC40 (Paris), and IBEX 35 (Madrid). EcoAct's annual research report aims to acknowledge and highlight those businesses that are taking real action towards meeting ambitious sustainability plans and environmental targets, while sharing best practice when it comes to managing the risks and maximizing the opportunities of climate change.
Down load the UN Sustainable Development Goals Report HERE
Details on The Sustainability Reporting Performance of the DOW 30 HERE. (Source: UN, DOW, Yahoo, 30 Sept., 2018) Contact: EcoAct, www.eco-act.com
More Low-Carbon Energy News Carbon Emissions, Climate Change,
The EDF facilitated the development and sale of the credits with the help of a Conservation Innovation Grant from the USDA. Natural Capital Partners purchased the credits on behalf of its client Microsoft, which began a carbon neutrality program in 2012.
Grassland carbon credits reward landowners for retaining soil carbon and avoiding the emissions associated with converting grasslands into croplands. Grassland projects also provide ecosystem benefits such as habitat for threatened species.
The Climate Action Reserve's Grassland Project Protocol uses biogeochemical modeling and emissions factors to quantify carbon that would be released from the soil if the land were tilled. (Source: EDF, Aug., 2018) Contact: Environmental Defense Fund, www.edf.org;
Southern Plains Land Trust, https://southernplains.org
More Low-Carbon Energy News Environmental Defense Fund news, Carbon Credit news, Carbon Sink news,
The Accelerator aims to make the Caribbean the world's first climate-smart zone that will include the implementation of solutions for resilience, renewable energy, development of sustainable cities, oceans, and transportation.
The InterAmerican Development Bank (IDB) has committed $3 million in start-up funding plus $1 billion to support innovative solutions focused on low-carbon emissions, sustainable infrastructure, and energy efficiency projects.
The World Bank Group has committed $1 million annually for 3 years in in-kind services, in addition to its existing support for the region which adds up to almost $2 billion in projects aimed at strengthening resilience and financial protection against climate disasters.
(Source: Caribbean Climate-Smart Accelerator, CleanTechnica, 14 Aug., 2018) Contact: Caribbean Climate-Smart Accelerator,
More Low-Carbon Energy News Caribbean Climate-Smart Accelerator ,