American is the first airline in North America to begin the validation process with the Science Based Targets initiative (SBTi), a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). In doing so, American is committing to develop a 2035 emissions reduction target that will be reviewed by the SBTi to confirm its consistency with the latest climate science.
By committing to SBTi, the air carrier becomes a signatory to the Business Ambition for 1.5 degrees C campaign and joins the UN-backed Race To Zero to rally support for a zero-carbon economy from businesses, cities, investors and other non-state actors. (Source: American Airlines, PR, AJOT, 16 July, 2021)Contact: American Airlines, www.headquarterscontacts.com/american-airlines; Science Based Targets, www.sciencebasedtargets.org
More Low-Carbon Energy News Science Based Targets initiative , Carbon Emissions, GHG,
Pertamina's 10GW target is comprised of gas-to-power, renewable energy -- including geothermal -- and other new initiatives, such as an electric vehicle (EV) ecosystem and hydrogen pilot projects.
The gas-to-power business segment is projected to contribute 6GW to the 10GW target. Existing gas-to-power projects include the 1.8GW gas and geothermal power plant Java 1 in West Java.
The renewable energy business is expected to contribute 3GW.
Solar power, biogas-fuelled power plants, smart grids and other new and renewable energy power plants are projected to contribute 1.9GW while the EV ecosystem, as well as green and blue hydrogen, are expected to produce 1GW by 2026. (Source: Pertamina, PR, Jakarta Post, 4 July, 2021)Contact: Pertamina, email@example.com, www.petramina.com
More Low-Carbon Energy News Pertamina, Renewable Energy,
The meeting, which included representative from both agencies, discussed the findings and implications of two major recent IEA reports -- the IEA's Roadmap to Net Zero by 2050 and its special report on Financing Clean Energy Transitions in Emerging and Developing Economies. The discussions covered on a wide range of topics, including what the US can do to support international climate finance; the future of oil and gas investments on the path to a net-zero world; and how to mobilize financing to speed up the deployment of clean energy technologies.
Download the IEA Roadmap to Net Zero by 2050 HERE . (Source: IEA, PR, 5 July, 2021) Contact: IEA, Fatih Birol, Exec. Dir., www.iea.org;
US Treasury Department, home.treasury.gov
More Low-Carbon Energy News IEA, Net-Zero Carbon Emissions,
The first project of this program, conducted in partnership with the French National Forest Office and the Rhone Departmental Council, is located about 30 kilometers away from Lyon-Saint Exupery airport, and will restore, reforest, maintain and manage 3.6 hectares with locally resilient species selected for their strong capacity to adapt to water stress and absorb CO2. This reforestation project, which will sequester more than 500 tons of CO2 over the planting's growth period, aims at achieving the Low Carbon Label certification.
By developing other similar projects within a five-year framework agreement with the Rhone department, VINCI Airports will create a network of forest sinks in the Rhone region that will offset 100 pct of Lyon airports' residual emissions and enable Lyon-Saint Exupery airport to become the first French commercial airports to achieve net-zero emissionsby 2026. (Source: VINCI Airports, PR, June, 2021)
Contact: VINCI Airports, Nicolas Notebaert, CEO, www.vinvi-airports.com
More Low-Carbon Energy News Carbon Sink, Carbon Credit, Reforestation,
With their combined buying power, the two firms will help drive transformation of the aviation and corporate travel sector, support a net-zero emissions future and deliver a new solution to customers in support of their own energy transition and carbon reduction ambitions.
Both firms have committed to achieving net-zero emissions by 2050. (Source: Shell Aviation, PR, Website, May, 2021) Contact: Shell Aviation , www.shell.com/business-customers/aviation.html
More Low-Carbon Energy News Shell Aviation news, Biofuel news, SAF news,
Seven environmental groups argued that Shell is violating its international climate obligations and threatening the lives of these citizens by continuing to invest billions every year in expanding its oil and gas production. Shell's net-zero strategy allows for oil and methane gas production to expand until 2025.
Shell as quick to respond that it "fully expects to appeal today's disappointing court decision" and that "urgent action is needed on climate change which is why we have accelerated our efforts to become a net-zero emissions energy company by 2050, in step with society, with short-term targets to track our progress." (Source: Royal Dutch Shell, Various Media Reports, 26 May, 2021)
More Low-Carbon Energy News Royal Dutch Shell news, Carbon Emissions news,
Likewise, Hong Kong-headquartered Cathay Pacific Group, one of the first air carriers in Asia to establish a timeline for achieving carbon neutrality, has announced plans to achieve net-zero carbon emissions by 2050. To that end, Cathay Pacific will investment in sustainable aviation fuel (SAF), identify efficiencies including a new fuel-efficient fleet and reducing engine use on the ground, as well as take advantage of carbon offsets. (Source: Singapore Airlines, Cathay Pacific, PR, Travel Weekly, May, 2021)
More Low-Carbon Energy News Net-Zero Emissions news, SAF news, Carbon Emissions news, Aviation Emissions news,
To that end, Viridor is partnering with the HyNet NorthWest Consortium and will initially target carbon capture operations at its EfW site at Runcorn by 2026, which Viridor describes as "the first project of its kind in the UK." This CCS initiative will then be gradually rolled out to include the rest of the company's EfW portfolio.
(Source: Viridor, PR, letserecycle.com, 20 May, 2021) Contact: Viridor, Kevin Bradshaw, CEO, +44 0 1823 721400, www.viridor.co.uk/energy/energy-recovery-facilities
More Low-Carbon Energy News Viridor, CCS, CCUS, Net-Zero Emissions,
"This report is the world's first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access and enabling robust economic growth. It sets out a cost-effective and economically productive pathway, resulting in a clean, dynamic and resilient energy economy dominated by renewables like solar and wind instead of fossil fuels. The report also examines key uncertainties, such as the roles of bioenergy, carbon capture and behavioural changes in reaching net zero."
Download the IEA Net Zero by 2050 --
A Roadmap for the Global Energy Sector report
HERE. (Source: IEA, PR, May, 2021) Contact: IEA, www.iea.org
More Low-Carbon Energy News IEA, Carbon Emissions, Climate Change,
The 2021-25 Environmental Strategy calls for the city and its suburbs to be a "driving force for emissions reductions" and commits $24 million over four years to meet the goal of net-zero emissions by 2035. To that end, the city and its metropolitan area of 5.3 million residents will promote new targeted programs to manage energy consumption, public transport, electric vehicles, walking and cycling, encourage the use of renewable energy sources, 100 pct Green Power electricity plans and other measures. (Source: City of Sydney, PR, Morning Herald, 11 May, 2021)
Contact: City of Sydney, www.cityofsydney.nsw.gov.au
More Low-Carbon Energy News Carbon Emissions, Net-Zero Emissions,
The planned Peterhead CCS Power Station could capture as much as 1.5 million tpy of CO2 -- 15 pct of the UK government's annual target of 10 million tonnes of CO2 capture by 2030, and eventually reaching net-zero emissions by 2050.
The project, which is part of Scotland's Net Zero Infrastructure programme, could come online by 2026, according to a SSE and Equinor release.
Britain is targeting net zero carbon emissions by 2050. (Source: SSE, Equinor, reuters, 10 May., 2021)
Contact: SSE, www.sse.com; : Equinor, www.equinor.com
More Low-Carbon Energy News SSE, Equinor, CCS ,
According to Oxford-based independent energy market analytics company Aurora Energy Research, reaching 40GW of offshore wind capacity by 2030 will require a clear government strategy, an investment of at least £50 billion ($69.34 billion) and a methodical approach for grid development and advanced infrastructure for integrating the electricity generated by offshore wind farms into the electricity grid. An investment of £160 million ($221.91 million) will also be need to upgrade the country's ports and factories to boost turbine production. (Source: Aurora Energy Research, Various Media, Power Technology, May, 2021) Contact: Aurora, Martin Anderson, Head of Renewables, +44 (0) 1865 952 700, firstname.lastname@example.org, www.auroraer.com
More Low-Carbon Energy News Aurora Energy Research, UK Offshore Wind, Wind, Offshore Wind,
Currently, 7 pct of Duke Energy's company-owned electrical output comes from wind, solar and hydroelectric plants. That figure is projected to grow to 23 pct by 2030. The company is also undertaking its aggressive renewable energy build-outs with wind and solar projects currently under construction in Florida, North Carolina, Oklahoma and Texas. Over the next three years, Duke will also add 280 mw of pumped storage hydro capacity at its Bad Creek facility in South Carolina.
The company is also overseeing the largest coal retirement in the industry and since 2010 has retired 51 coal-fired units and is aiming to cut carbon emissions 50 pct by 2030 to reach net-zero carbon emissions by 2050. To that end, the company is on track to operate or purchase 16,000 mw of renewable energy capacity by 2025 and is investing in major electric grid upgrades, expanded battery storage, and exploring zero-emitting power generation technologies such as hydrogen and advanced nuclear, according to the release.
Duke Energy also announced Duke Energy Sustainable Solutions, a new comprehensive brand for its non-regulated commercial renewables business. The brand unifies products and services offered by several Duke Energy subsidiaries, including Duke Energy Renewables, REC Solar and Duke Energy One.
(Source: Duke Energy, PR, 28 Apr., 2021) Contact: Duke Energy, Katherine Neebe, VP National engagement & Strategy, Chief Sustainability Officer,
Duke Energy Sustainable Solutions, www.duke-energy.com
More Low-Carbon Energy News Duke Energy, Renewable Energy Carbon Emissions, Net-Zero Emissions,
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,
The goal supports efforts outlined in the 2015 Paris Agreement and the United Nations' Intergovernmental Panel on Climate Change to reduce the world's net anthropogenic emissions to zero by 2050. This announcement builds upon Penn State's annual Climate and Sustainability Action Plan 3.0 report, released on Dec. 1, 2020, which summarized the University's latest progress in environmental sustainability made from 2019 to 2024 with a commitment to achieve a 100 pct carbon-neutral campus by 2042.
Penn State has reduced its overall carbon emissions by 37.2 pct since 2009 and "greened" its physical footprint with 27 buildings achieving US Green Building Council LEED certification, 34 buildings having green roofs, and 14 acres of open space having been added through the creation of Penn Park. In 2020, the University signed a Power Purchase Agreement (PPA) for the construction of two new solar energy facilities which will offset 75 pct of both the academic campus and the University of Pennsylvania Health System's electricity consumption through renewable energy. (Source: Penn State University, PR, The Pennsylvanian, Apr., 2021) Contact: Penn State University, 814-865-6528, www.bursar.psu.edu/endowments
More Low-Carbon Energy News New-Zero Carbon Emissions,
Many A4A members have set net-zero emissions goals and are already investing in SAF, but the aviation industry requires a similar urgent commitment from policymakers, fuel producers and others in the feedstock and fuel supply chain to achieve meaningful scalability.
Additionally, A4A has helped launch the nascent SAF industry and committed to CORSIA to help facilitate achieving carbon-neutral growth in international aviation beginning in 2020, according to the organization's website. (Source: Airlines for America, PR, Website, 30 Mar., 2021) Contact: Airlines for America, Nicholas E. Calio, Pres., CEO, www.airlines.org
More Low-Carbon Energy News Airlines for America news, Aviation Emissions news, SAF news,
Specifically, WBCSD and NBI are seeking to develop and disseminate effective solutions for full life cycle decarbonization of new and existing buildings and districts. In addition, the collaboration will work to expand the number of businesses and building owners investing in net-zero performance as well as grow capability of the building industry to meet this demand. Other intentions include accelerated adoption of zero-energy and zero-carbon standards and tools across the entire life cycle of buildings and promotion of the Building System Carbon Framework as a tool enabling decarbonization.
Both organizations work with a variety of stakeholders including building owners, designers, operators, consultants, government officials and businesses with building portfolios. The partnership is intended to engage with the critical market actors to accelerate and scale net-zero policies and practices that will dramatically reduce the carbon footprint of the built environment in the United States and share lessons learned across the world, according to the release. (Source: WBCSD, PR, Apr., 2021) Contact: WBCSD
Bill Sisson, Exec. Director, North America, www.wbcsd.org; NBI, Ralph DiNola, CEO, (503) 761-7339,
Fax: (503) 968-6160, www.newbuildings.org
More Low-Carbon Energy News World Business Council for Sustainable Development , Energy Efficiency, Net-Zero Emissions, New Buildings Institute,
A4A 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 ,
In 2018, BASF's worldwide emissions totaled 21.9 million metric tons of CO2 equivalents. In 1990, this figure was roughly twice as high. The new 2030 emissions goal represents a reduction of approximately 60 pct compared to 1990 levels, which exceeds the European Union's target of minus 55 pct. (Source: BASF, PR, European Coatings, 30 Mar., 2021)
More Low-Carbon Energy News BASF news, Net-Zero news, Carbon Emissions news,
To that end,
the Board of Regents plans to move away from fossil fuel holdings in favor of a $140 million investment in solar and wind developments and projects to limit carbon emissions and to hasten
the transition to a low-carbon economy, according to a release. (Source: University of Michigan, PR, Mining Journal, 27 Mar., 2021) Contact: University of Michigan,
Mark Schlissel, Pres, 734-764-1817, www.umich.edu
More Low-Carbon Energy News Net-Zero Emissions, Carbon Footprint,
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 SCALE act calls for the build-out of the infrastructure necessary to transport CO2 from where it is captured to where it can be utilized in manufacturing or safely and securely sequestered underground. "We urge Congress to prioritize the inclusion of this critical legislation in any broader infrastructure package, given its essential role in helping to achieve net-zero emissions economy-wide," the jointly signed governors' letter to congress read.
(Source: Wyoming News, 20 Mar., 2021) Contact: Office of Wyoming Gov. Mark Gordon, www.governor.wyo.gov/contact
More Low-Carbon Energy News CCS, Carbon Emissions, CO2, SCALE Act,
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 new legislation orders the following climate change related initiatives:
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 NDP plan stands in stark contrast to Conservative Premier Doug Ford's "anti-environment crusade that has gutted conservation authorities, paid hundreds of millions of dollars to tear down wind farm projects and cancelled Ontario's cap-and-trade program." (Source: New Democratic Party, PR, Mar., 2021) Contact: New Democratic Party of Canada, www.ndp.ca
More Low-Carbon Energy News Carbon Emissions, Ontario Climate Change,
NEO holds a 5-star certification under the Advancing Net Zero Philippines (ANZ PH) program, which verifies a development's net-zero carbon energy emissions. The property manager earned the ANZ PH certifications for three of its office buildings under the ANZ PH pilot program and anticipates receiving the same 5-star certifications for the remaining four buildings of its portfolio.
The ANZ PH program is the Philippine Green Building Council's (PhilGBC) rating scheme to assess a building's energy performance in line with the global campaign Advancing Net Zero of the World Green Building Council.
The NEO office portfolio, which are all rated 5 stars under the Building for Ecologically Responsive Design Excellence (BERDE) certification system, also won outstanding awards from the Department of Energy during the 2020 Energy Efficiency Green Building Awards last December. (Source: NEO, Manila Times, 20 Feb., 2021) Contact: NEO, Raymond Rufino , CEO, www.facebook.com/NEOOfficePh; AboitizPower, +63 2 8-886-2800
Fax No. +63 2 8-817-3560, www.aboitizpower.com; Philippine Green Building Council, www.philgbc.org
More Low-Carbon Energy News Net-Zero Carbon Emissions, Renewable Energy, ,
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,
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, email@example.com, 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,
To that end Nordea aims to reduce carbon emissions from its lending and investment portfolios by 40-50 pct by 2030, as well as reduce its internal carbon emissions by at least 50 pct and achieve net-positive carbon contribution by 2030. The baseline measurement for the objectives is 2019.
Nordea , with €401.80 billion in assets, is Finland's largest bank. (Source: Source: Nordea, PR, 10 Feb. 2021) Contact: Nordea, Frank Vang-Jensen, CEO, www.nordea.com
More Low-Carbon Energy News Net-Zero Emissions,
Responsible for developing the electricity distribution networks vital to achieve net-zero carbon emissions, SSEN Distribution has signed a commitment letter to set science-based reduction targets for its own operations, which will see the network operator strive to cut emissions further and faster.
A science-based target is a target for greenhouse gas emissions reductions that is set based on the level of reduction that science says is required to prevent the worst impacts of climate change in line with the Paris Agreement -- to limit global warming to well-below 2 degree C above pre-industrial levels and pursue efforts to limit warming to 1.5 degree C. The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute and the World Wild Fund for Nature. (Source: SSE plc, Website, Jan., 2021) Contact: SSE, Shirley Robertson, ED2 Sustainability Strategy Lead, www.sse.com; Science Based Targets,
More Low-Carbon Energy News Science Based Targets, Scottish and Southern Electricity , SSE, Net-Zero, Carbon Emissions,
The CCSA was established to ensure that carbon capture, utilisation and storage (CCUS) is recognised as an essential solution to deliver net-zero emissions across the economy. The CCSA works to ensure CCUS is developed and deployed at the pace and scale necessary to meet net-zero goals. CCSA members include industry, equipment manufacturing, oil and gas, distribution, academia and regional bodies, as well as the associated supply chain and service sector.
Viridor Waste Management Ltd. has the UK's largest network of more than 300 advanced recycling, energy recovery and landfill diversion facilities. The company works in partnership with more than 150 local authority and major corporate clients with 32,000 customers across the UK.
(Source: Viridor, PR, 26 Jan., 2021) Contact: Viridor, Tim Rotheray, Director of Environment, Innovation and Regulation, +44 0 1823 721400, www.viridor.co.uk;
Carbon Capture and Storage Association, www.ccsassociation.org
More Low-Carbon Energy News CCUS, CCS, Viridor, Carbon Capture and Storage Association ,
The implementation of this initiative is expected to eliminate more than 3 million tpy of CO2 emissions -- equivalent of removing approximately 650,000 cars from the road.
As part of this announcement, TC Energy is expected to spur an investment of over $1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity. (Source: Keystone XL, PR, 17 Jan., 2021) Contact: KeystoneXL, Richard Prior,, Pres., CEO, 866-717-7473, firstname.lastname@example.org, www.keystonexl.com
More Low-Carbon Energy News Keystone XL, TC Energy, Carbon Emissions, Renewable Energy,
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
The Filing represents a shift from prior planning models. While the Company will continue to add customers within its existing footprint, this plan considers decreasing natural gas loads and strategies under which VGS can promote such further reductions through efficiency and weatherizations, as well as meeting the needs of customers through expanded energy services.
VGS serves over 54,000 homes, businesses, and institutions in Franklin, Chittenden and Addison counties. The company plays an important role in Vermont's clean energy future by displacing higher-emitting fuels, offering renewable natural gas service, and delivering award-winning energy efficiency programs. VGS is leading the country in the development of local renewable energy generation and has targeted a 30 pct reduction in greenhouse gas emissions by 2030 and full elimination by 2050. (Source: Vermont Gas, PR, 18 Jan., 2021) Contact: Vermont Gas, Neale Lunderville, CEO, Beth Parent, Brand Manager, (802) 865-1460 / (802) 578-2776, firstname.lastname@example.org, www.vgsvt.com
More Low-Carbon Energy News Net-Zero Emissions, Carbon Emissions,
PepsiCo's climate goals were approved by the Science Based Targets initiative, a collaboration of leading nonprofits that helps companies ensure their strategies match scientific need. The company has also signed on to the Business Ambition for 1.5 degree C pledge. (Source: PepsiCo Inc., Website PR, Jan., 2021) Contact: PepsiCo, www.pepsico.com/contact; Science Based Targets Initiative
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The analysis is intended to help port management understand both current and future energy requirements in line with Tyne's roadmap to net-zero emissions -- carbon neutrality by 2030 and an all-electric port by 2040.
In reaching its goal, the Port of Tyne recently invested in a fleet of electric vehicles, LED lighting and smart energy monitoring meters in every building and asset, and is presently evaluating the potential for installing solar panels on warehouse buildings. Port of Tyne has also launched Tyne Clean Energy Park as a strategic base for the region's rapidly growing renewable energy sector.
Port of Tyne is one of the UK's largest Trust Ports and is entirely self-financing with no government support. (Source: Port of Tyne, SmartCitiesWorldNews, 5 Jan., 2021) Contact: Port of Tyne Authority, Matt Beeton, CEO , +44 191 257 1373, www.portoftyne.co.uk
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The programme was initially launched as a pilot in the Nordics in February. During the first nine months, customers helped offset 26,000 tonnes of carbon emissions, the equivalent to almost 1,800 European flights.
Lenovo is focusing on long-term decarbonisation. Last year, the company set science-based targets to halve emissions from its operations and reduce value chain impacts by 25 pct by 2030, with a view to reaching net-zero emissions by 2050. The new targets have been approved by the Science Based Targets Initiative (SBTi) and are aligned to limiting global temperature rise to 1.5C above pre-industrial levels, as envisioned by the Paris Agreement.
(Source: Lenovo, PR, edie 6 Jan., 2020) Contact: Lenovo, www.lenovo.com
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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
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The 2020 Global Status Report for Buildings and Construction, from the Global Alliance for Buildings and Construction (GlobalABC) found that while global building energy consumption remained steady year-on-year, energy-related CO2 emissions increased to 9.95 GtCO2 in 2019. This increase was due to a shift away from the direct use of coal, oil and traditional biomass towards electricity, which had a higher carbon content due to the high proportion of fossil fuels used in generation.
When adding emissions from the building construction industry on top of operational emissions, the sector accounted for 38 pct of total global energy-related CO2 emissions., according to the report.
To get on track to net-zero carbon building stock by 2050, the International Energy Agency (IEA) estimates that direct building CO2 emissions need to fall by 50 pct and indirect building sector emissions by 60 pct by 2030. This equates to building sector emissions falling by around 6 pct per year until 2030, close to the 7 pct decrease in 2020 global energy sector CO2 emissions due to the pandemic. (Source: UN Environment Programme, Energy and Climate Branch,
UNEP, PR, Dec., 2020) Contact: UNEP, Sophie Loran , +33-601-377-917, Sophie.Loran@un.org, www.unep.org
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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
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To that end,
Glencore noted it would: be "investing in the commodities the world needs" such as copper, cobalt, and nickel which are all essential for battery technologies and renewable energy infrastructure ; curbing coal production; supporting the deployment of low emission and carbon capture and storage (CCS) technology and "engaging with its customers and supply chain partners." (Source: Glencore, PR, Dec., 2020) Contact: Glencore,
Ivan Glasenberg, CEO, www.glencore.com
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"We (the Ten Point Plan) will turn the UK into the world's number one centre for green technology and finance, laying the foundations for decades of economic growth by delivering net-zero emissions," according to PM Boris Johnson.
The plan builds on the utility's decades of work to reduce its carbon footprint. In 2014, the company delivered the world's single largest climate change action to date when it stopped burning coal for electricity, and has continued to demonstrate clean power leadership with the expansion of its hydro fleet and partnerships such as the Gull Bay micro grid and Nanticoke Solar facility. OPG is currently working on refurbishing the Darlington Nuclear Generating Station, which is one of Canada's largest clean power projects. Once refurbished, the continued operation of Darlington will avoid an estimated 297 million tpy of carbon emissions.
"Our goals will be guided by several principles including: a commitment to adapt to new technologies and changing policies, be as transparent as possible, follow scientific evidence, respect Ontario customers, and meaningfully engage with Indigenous communities," the release notes.
Download the OPG Climate Change Plan.HERE. (Source: OPG, Website PR, 26 Nov., 2020)
Contact: OPG Media Relations,
416-592-4008 , www.opg.com
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