Business Green

APRIL 20, 2021

The march of net zero commitments through the financial community chalked off another milestone yesterday, as leading research firm MSCI announced a goal to achieve net zero emissions before 2040. MSCI's commitment reflects our obligation to be good stewards of the capital that long-term shareholders entrust to our company.

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Fossil fuels Education Carbon Sustainability 64

DeSmogBlog

APRIL 18, 2021

Fossil fuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files. ExxonMobil – “Powering Progress”.

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Fossil fuels Carbon-neutral Carbon-negative Carbon 98

Clean Energy Canada

MARCH 14, 2023

government rules to lower emissions in the fossil fuel sector and create a new Clean Energy and Major Projects Office: “Today’s announcement signals a new direction for B.C.’s would simply not meet its climate targets with a growing fossil fuel sector. “We s emissions and its future economic competitiveness.

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Fossil fuels Sustainability Pollution Transportation 81

GreenBiz

JANUARY 27, 2021

The key solutions today are biofuels, only displacing a mere fraction of fossil fuels-based jet fuel, and offsets. Infinium, spun out of another company called Greyrock Energy , says because the biofuel (dubbed an "electrofuel") is made with clean energy and CO2, it's a "net-zero carbon" fuel.

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Aviation Logistics Fossil fuels Transportation 514

Business Green

MAY 23, 2022

Volvo Trucks has announced that its heavy electric trucks are to soon include parts made of "fossil-free" steel, as part of the automakers' plan to slash the carbon footprint of its zero-emission vehicle range.

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Fossil fuels Electricity Carbon-neutral Hydrogen 101

Charged

JANUARY 5, 2021

Several of Europe’s largest truck manufacturers have promised to stop selling ICE vehicles by 2040. The chief executives of Daimler, Scania, MAN, Volvo, DAF, IVECO and Ford have signed a pledge to phase out combustion engines and focus on hydrogen, battery technology and “clean fuels.”.

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Fossil fuels Hydrogen Technology Batteries 140

DeSmogBlog

JULY 20, 2021

Fossil fuel companies are pressing ahead with new oil and gas developments, despite a recent warning from the International Energy Agency (IEA) that this will make the Paris Agreement goals impossible to meet, an analysis has found. The company was “leading in carbon efficient production of oil an gas,” she added.

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Fossil fuels Carbon-neutral Climate change Carbon 98

Business Green

MARCH 4, 2021

Air cargo operator pledges to invest in sustainable fuels, carbon capture research, and fleet electrification in bid to meet new climate goals. The company said it was targeting a fully zero emission parcel pickup and delivery (PUD) fleet by 2040, a push that will be accomplished by gradually phasing out its existing fossil fuel fleet.

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Carbon-neutral Energy Monitor Carbon Packaging 71

Business Green

NOVEMBER 17, 2021

An Ikarus C42 aircraft piloted by Group Captain Peter "Willy" Hackett completed a 20-minute flight on the morning of 2 November using Zero Petroleum's ZERO SynAvGas 100 per cent synthetic aviation gasoline, as part of a joint mission to defossilise the RAF's fuel intake ahead of its 2040 net zero target.

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Fossil fuels Aviation Carbon-negative Innovation 101

GreenBiz

JULY 8, 2020

The companies said the jet fuel will be made from agricultural waste fats and oils (such as used cooking oil and inedible fats from beef processing). Amazon has pledged to reach net-zero carbon emissions by 2040, and says it will make sure half of Amazon shipments are net-zero by 2030. A drop in the fuel tank.

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Aviation Carbon-neutral Retail Carbon 523

DeSmogBlog

NOVEMBER 17, 2023

With the start of the 28th annual United Nations climate summit, COP28, just two weeks away, a battle is brewing over the role of fossil fuels as nations try to stem the tide of climate change. Now, a new report shows that fossil fuel production by 2030 is set to exceed the level that would be compatible with limiting warming to 1.5°C

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Carbon Technology Fossil fuels Climate change 86

Mr. Sustainability

APRIL 30, 2018

Fossil fuels, a vision of the future or something our children will see in history books? The energy markets, broadly taken to be fossil fuels and renewables, have seen significant changes over the past years. Projections range between 2020 up to 2040, but all outlooks seem certain of this event within the next years.

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Fossil fuels Demand Energy Energy 104

Business Green

OCTOBER 20, 2021

Production Gap report reveals governments still plan to produce more than double the amount of fossil fuels in 2030 than is consistent with limiting global warming to 1.5C. The third edition of the report concludes that despite the impact of the coronavirus pandemic the fossil fuel 'production gap' remains largely unchanged.

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Fossil fuels Global warming Government Construction 81

Business Green

MARCH 11, 2021

Banking giant commits to ending support for coal by 2040 after reaching compromise with shareholders. The board-backed proposal commits the bank to phasing out all project finance, corporate finance, and underwriting of coal-fired power and thermal coal mining by 2030 in the EU and OECD, and by 2040 globally.

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Fossil fuels Energy Monitor Business Energy Monitoring Building Energy Monitoring 101

Business Green

MARCH 16, 2021

Reinsurance giants revs up coal phase-out as it pledges to reduce carbon intensity of equity and corporate bond portfolios by 35 per cent by 2025. Swiss Re has announced it is to phase out thermal coal from its treaty reinsurance by 2040, in a move that has been billed by campaigners as a breakthrough for the global reinsurance industry.

Fossil fuels 101

Fossil fuels Real Estate Carbon Policy 101

Charged

MARCH 29, 2023

According to Volvo, the delivery is part of Volvo Trucks’ sustainability target of achieving a 100%-fossil-fuel-free supply chain by 2040. Moreover, the deployment of the zero-emission trucks is part of DFDS’s goal to become carbon-neutral by 2050. Source: Volvo

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Carbon-neutral Electricity Fossil fuels Logistics 117

Business Green

FEBRUARY 28, 2021

Aviva has announced it intends to reach net zero emissions across its operations, supply chain, and investments by 2040, unveiling a number of new exclusion policies that will see the firm distance itself from the most carbon intensive fossil fuel companies.

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Fossil fuels Policy Real Estate Investment 70

GreenTechMedia

DECEMBER 7, 2020

Prospects for carbon capture received a boost in September when the International Energy Agency (IEA) said the emerging technology is “ critical ” to a clean-energy transition. Both technologies could mitigate climate change by removing emissions from existing fossil fuel generation or even pulling carbon out of the atmosphere.

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Carbon Business Energy Monitoring Building Energy Monitoring Energy Monitor 130

Business Green

SEPTEMBER 9, 2021

Carbon Tracker deep-dive into the risks facing oil and gas investments is corroborated by study in Nature that warns overwhelming majority of fossil fuel reserves must stay in the ground to cap global temperatures in line with global goals.

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Fossil fuels Waste Waste Carbon-negative 48

Envirotec Magazine

JULY 22, 2021

Carbon capture is becoming big business. Despite further investment in renewable energy, fossil fuel usage is still increasing, and it’s expected that fossil fuels will remain the dominant form of energy by the end of this century. We all know why. First things first, there’s CO2 levels.

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Carbon Building Energy Monitoring Fossil fuels Business Energy Monitoring 130

GreenBiz

OCTOBER 26, 2020

Thanks to converging forces — including supportive policies, dropping battery costs and aggressive climate goals — transportation leaders at large and small organizations are increasingly turning to new zero-emission and low-carbon options that decarbonize fleets and in some cases save money. Media Authorship. Anheuser-Busch. Anheuser-Busch.

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Sustainability Scooters Electric vehicle Natural gas 545

Envirotec Magazine

APRIL 27, 2023

The ranking from Cornwall Insight’s Hydrogen Index 1 shows a marked improvement from 2022, with the UK surpassing both Spain and Japan in its efforts to establish an economy where low carbon hydrogen produced from sources other than fossil fuels, plays a critical role.

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Hydrogen Carbon Fossil fuels Government 221

Envirotec Magazine

NOVEMBER 14, 2023

Industrial carbon dioxide emissions account for around one quarter of greenhouse gasses emitted annually worldwide. Providing energy storage beyond ten hours can enable remote mines, data centers, and other off-grid industrial operations to run on 24-7 carbon-free power.

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Energy Energy Fossil fuels Technology 162

Mr. Sustainability

APRIL 30, 2018

Population growth will plateau after 2030-2040, causing energy demand to stabilize and decline afterwards. The current overcapacity in the oil markets will ensure a lasting shift in fossil markets. Renewables are already ridiculously cheap, with the cheapest forms of solar energy already at less than half the price of fossil fuels.

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Fossil fuels Demand Energy Energy 60

Business Green

FEBRUARY 5, 2020

The Danish company unveiled the new plans this week, as part of its programme to decarbonise its supply chain by 2040. It'll be challenging to reach a carbon neutral footprint by 2040, and it'll require significant innovation in all parts of our supply chain," he said.

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Carbon-neutral Fossil fuels Carbon Innovation 50

R-Squared Energy

FEBRUARY 6, 2021

Mr. Rockall highlighted a major global problem in which the fossil fuel solution is clearly better than the status quo. If we spend 10 percent of that every year, two and a half billion dollars between now and 2040, we could provide universal access to clean cooking in the world. James – What is it that makes a fuel clean?

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Fossil fuels Carbon-negative Pollution Natural gas 60

Business Green

JULY 5, 2022

European fossil fuel giant pledges to ramp up investment in hydrogen and end sale of carbon-based products by 2040. It will also reorient VARO into the higher growth low-carbon sector and generate significant EBITDA growth.".

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Hydrogen Energy Energy Fossil fuels 36

GreenBiz

MAY 11, 2021

Corporate signatories to the Climate Pledge have committed to net zero by 2040. Is net zero the same as carbon neutral? You can become carbon neutral simply by buying offsets — for a year’s worth of driving or air travel, for example. However, Germany just committed to reaching this goal by 2045. The bar continues to move.

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Carbon-neutral Fossil fuels Carbon Technology 506

GreenTechMedia

AUGUST 25, 2020

Green hydrogen is considered by many to be a vital component of any credible net-zero carbon plan, and it can be used to decarbonize a number of industrial processes and heavy transport. And Wood Mackenzie's research indicates that the cost of green hydrogen will fall by 64 percent by 2040 as the market scales up.

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Hydrogen Fossil fuels Policy Transportation 130

Charged

DECEMBER 14, 2022

However, the war has provided the most powerful reminder imaginable of the importance of phasing out fossil fuels. The signatory countries (26 at last count, including the US) aim to phase out sales of fossil-fueled medium- and heavy-duty vehicles by 2040, and to eliminate carbon emissions from these vehicle classes by 2050.

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Fossil fuels Logistics Europe Transportation 115

DeSmogBlog

JANUARY 26, 2024

Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossil fuel firms and their activities. billion Euros in bonds to the fossil fuel industry, Milieudefensie says. “We

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Fossil fuels Pollution Climate change Carbon-neutral 112

Business Green

OCTOBER 20, 2021

Nine global corporates back new ambition statement that sees them commit to transitioning their freight vessels to zero carbon fuels by 2040. In the statement, zero carbon fuels are defined as fuels that release no or very little greenhouse gases over their lifecycle, including no emissions at production stage.

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Carbon Climate change Fossil fuels Logistics 71

Grist

SEPTEMBER 8, 2021

To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossil fuels in addition to supporting the deployment of clean energy. The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5

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Fossil fuels Carbon-negative Carbon Natural gas 142

Business Green

JANUARY 14, 2021

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals.

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Fossil fuels Demand Hydrogen Carbon-negative 50

Business Green

SEPTEMBER 30, 2019

German energy giant promises phase out of fossil fuel generation and 'huge investments' in renewables, storage and green gas.

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Carbon-neutral Fossil fuels Carbon Investment 67

AGreenLiving

DECEMBER 10, 2020

The retirement contributions of New York state workers will no longer be invested in fossil fuels. The state announced Wednesday that it is removing oil and gas stocks from its portfolio, making it the world’s largest pension fund to divest from the fossil fuel industry. Via Huffington Post Image via Artem Sapegin.

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Fossil fuels Climate change Investment Government 28

GreenTechMedia

MAY 21, 2020

The new solar projects serve as a “critical part” of Amazon’s overall plan to reach net-zero carbon emissions by 2040 and meet the goals of the Paris climate agreement a decade early, the company said. Amazon contracts with oil and gas companies for some computing services that help transport and sell fossil fuels.

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Fossil fuels Packaging Law Carbon 246