GreenTechMedia

FEBRUARY 26, 2021

It would have been the largest gas plant in Europe and, unsurprisingly, drew the attention of environmental groups. It plans to add carbon capture and storage to the biomass plants, taking them to a negative-emissions status. ” Drax said its negative-emissions BECCs plants will be privately funded. MW of capacity.

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Business Green

SEPTEMBER 3, 2020

Tech giant Microsoft has this week formally joined the European Corporate Leaders Group (CLG Europe), building on its recent commitment to become a net negative emission company. CLG Europe brings together influential European businesses which share the aim of delivering climate neutrality through "progressive public policy".

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GreenBiz

JULY 15, 2020

Early pioneers of these hydrogen-from-waste technologies such as Ways2H, SGH2 Energy (SGH2) and Standard Hydrogen say not only are they making carbon-free, energy-rich fuel, their approaches also will divert mountains of trash from landfills and waterways, cutting greenhouse gas emissions. . There are other ways to make hydrogen.

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GreenTechMedia

NOVEMBER 9, 2020

Europe is still plotting the course towards being net-zero by 2050, but no matter the shape it takes, it will surely involve hundreds of gigawatts of new renewable power capacity. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment. In the U.S.,

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GreenTechMedia

JULY 1, 2020

Green hydrogen may get all the headlines, but the prospect of it fueling Europe's future hydrogen economy on its own looks increasingly questionable. Blue hydrogen is produced from natural gas, with carbon capture and storage (CCS) technology scooping up the resulting CO2. Meanwhile, the U.K. They know that they need it.

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Business Green

APRIL 11, 2021

Deploying carbon capture technologies at Drax's biomass power plant in North Yorkshire could save the UK energy system more than £4.5bn in decarbonisation costs over the coming decade, a new report commissioned by the energy firm today claims.

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Business Green

SEPTEMBER 21, 2020

Australian firm Worley appointed by Drax to provide the front-end engineering and design work on the first two carbon capture units at its Yorkshire biomass plant. The move comes in support of its target announced last December to become a 'carbon negative' company within 10 years.

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Smart Energy International

MARCH 28, 2024

The focus for the Horizon Europe climate, energy and mobility ‘cluster’ for its forthcoming three years is on the green and digital transitions and EU resilience. The 2025-2027 strategic plan for Horizon Europe-supported research and innovation (R&I) in the energy sector identifies four specific areas: 1.

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Business Green

AUGUST 10, 2021

The UK is committed to achieving net zero carbon emissions by 2050 and this year's edition of National Grid ESO's 'Future Energy Scenarios' shows that a 2035 clean power sector driven by a massive expansion of renewables is now the benchmark for the UK if it is to reach this goal. Zero carbon power by 2035. Credit: Ember.

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Business Green

APRIL 17, 2024

Major new analysis from the Potsdam Institute warns climate impacts through to 2050 could do significantly more economic damage than previously expected How bad could it get? Under worse case scenarios, climate damages could reach $59tr in 2050 and incomes could be 60 per cent lower than expected.

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Smart Energy International

OCTOBER 30, 2023

Moreover, designing a successful R&I pathway is also key for a competitive clean energy industry and defining clear national 2030 and 2050 targets are crucial elements to this. However, there are challenges to increase renewable energy to power these electrolysers and avoid negative impacts on freshwater availability.

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DeSmogBlog

JULY 22, 2021

InfluenceMap looked at 216 industry associations that submitted feedback to the European Commission’s public consultations on both the 2030 and 2050 climate targets. A whopping 92 percent of those groups supported a net-zero emissions target for 2050, with very little opposition. Credit: Frans Berkelaar. CC BY-ND 2.0.

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Business Green

MARCH 18, 2022

Latest batch of carbon analysis from electronics giant reveals how clean technologies can help slash emissions from transportation and distribution. The German-headquartered company first started collecting carbon data in 2020, and as such the data unveiled yesterday provides the first year-on-year comparison of its climate impact.

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Business Green

AUGUST 19, 2021

A direct air carbon capture facility currently under development in Scotland has signed up Virgin Atlantic as a prospective customer, with the airline agreeing a memorandum of understanding for the purchase of "permanent and verifiable" CO2 removal credits from the facility once operational.

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DeSmogBlog

JUNE 30, 2021

The UK was the world’s first major economy to sign-up to “net zero” by 2050, while the EU’s Green Deal is based on “net zero” by mid-century. For instance, Drax, the UK’s biggest polluter and world’s biggest tree burner , claims it wants to become carbon negative by 2030. But are their pledges backed by plans for real action?

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Business Green

JULY 5, 2022

Asset manager said it aims to deliver long-term returns, net zero carbon emissions, and improved ESG outcomes through new investment vehicle. temperature alignment by 2030 and net zero emissions by 2050, whilst driving "long-term financial gains over a broadly diversified global credit universe".

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GreenTechMedia

MAY 26, 2020

The renewable hydrogen would be combined with captured carbon from emission sources around Copenhagen to create hydrocarbon fuels — specifically, methanol for shipping and e-kerosene as a jet fuel replacement. A string of green hydrogen and carbon capture proposals have been announced in Northern Europe in the past year.

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Business Green

OCTOBER 16, 2020

The Chinese government has provided the first evidence that its recent unveiling of a net zero emissions target will trigger a new wave of low carbon infrastructure deployment. A new report from trade body WindEurope has calculated that the wind energy is delivering 300,000 jobs across Europe, contributing €37bn to EU GDP every year.

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Business Green

APRIL 22, 2021

International Airlines Group (IAG) has become the first major aviation firm in Europe to commit to powering 10 per cent of its flights with bio-based jet fuels by the end of the decade, in a move that will see the British Airways owner purchase one million tonnes of sustainable aviation fuel (SAF) a year.

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Business Green

FEBRUARY 25, 2021

Energy firm announces it will not develop new gas fired power at its site in North Yorkshire as it looks to focus on biomass and carbon capture plans. Our carbon intensity is one of the lowest of all European power generators. We aim to be carbon negative by 2030 and are continuing to make progress.

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Business Green

JANUARY 11, 2021

HSBC is Europe's second largest financier of fossil fuels, after Barclays, according to the Rainforest Action Network (RAN), which found the bank had provided $87bn to some of the world's largest fossil fuel companies since the Paris Agreement was signed in 2015.

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Business Green

DECEMBER 15, 2020

US oil and gas major offers 'respect and support' for global ambition to achieve net zero emissions by 2050, but campaigners remain less than convinced. It follows a hugely challenging year for the global oil and gas industry, which saw prices briefly move into negative territory in the wake of the coronavirus crisis.

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Sustainability Consulting

AUGUST 26, 2020

To meet the global climate goal established by the Paris Conference of net zero CO2 equivalent emissions by 2050, Gore argues we need to cut emissions in half by 2030, which is about a seven or eight percent reduction a year. In addition to cheap sources of green energy, Gore says we need to price carbon.

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Business Green

MAY 22, 2020

Plans for Europe's biggest gas-fired power station have cleared a major hurdle after the UK's High Court today rejected claims the government acted unlawfully in giving the North Yorkshire project the go-ahead, despite concerns it could undermine the UK's net zero emissions goal.

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Business Green

MAY 24, 2021

Fresh analysis warns plans for UK's largest BECCS facility in North Yorkshire could prove more expensive for billpayers than Hinkley Point C, but developer Drax rejects calculations and insists carbon capture technology is likely to prove a crucial component of the net zero transition.

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Business Green

OCTOBER 12, 2021

People are increasingly aware of the role they can play in minimising their impact on the planet and there is a growing recognition among businesses that they too have a duty to reduce carbon emissions and mitigate the very real risks posed by climate change.

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Clean Energy Canada

AUGUST 19, 2021

government’s recently released hydrogen strategy—a thoughtful plan to create and use clean hydrogen—contains an implicit acknowledgement: the world is moving away from fossil fuels and toward low-carbon alternatives. There are two ways the industry can manage through an inevitable global transition away from fossil fuels by 2050.

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Business Green

DECEMBER 15, 2021

Energy supplier touts tie-up with engineering services company Worley as evidence plan to build UK's largest carbon capture project in Yorkshire is moving ahead. It's no longer enough to reduce emissions - the world has got to start removing carbon from the atmosphere if we are to avert this climate crisis," he said.

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Business Green

NOVEMBER 13, 2020

But differing and overlapping terminology and meanings - including 'net zero', 'carbon neutral', 'climate positive', and 'zero carbon' - has led to confusion among investors and consumers, leaving the net zero movement "open to sleight of hand and greenwashing", the BNEF report warns. Credit: BNEF.

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Business Green

AUGUST 2, 2022

It said it will take action to slash its emissions and neutralise any remaining emissions with "additional, quantifiable, real, permanent, and socially beneficial offsets" in order to achieve net zero annual carbon emissions by 2040, which is 10 years ahead of the Paris Agreement targets of 2050.

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Business Green

MARCH 5, 2021

UN argues 'rapid deployment' of CCUS needed to meet carbon neutrality goals. The report from the UN Economic Commission for Europe (UNECE) argues that contrary to popular opinion the CCUS sector already comprises a "vast portfolio of existing technologies that are economically viable".

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Business Green

JANUARY 29, 2021

On the anniversary of its pledge to become a 'carbon negative' company, Microsoft has provided a snapshot of its decarbonisation progress to date, revealing it curbed its absolute emissions by six per cent last year while purchasing 1.3 million metric tonnes of carbon removal credits through its first offset tender process.

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Grist

FEBRUARY 3, 2021

As a result, the industry accounts for roughly 8 percent of annual carbon dioxide emissions, as well as a toxic soup of air pollutants. But in order to curb steel’s carbon emissions, the sector will have to transform how the material is traditionally made. The furnaces that melt iron ore to make steel consume vast amounts of coal.

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Business Green

MAY 17, 2020

If the current warming trend is not reversed, about 150 million people will be living below sea level by 2050. And the negative impact of climate change on habitat and diversity are far more profound than that caused by the wildlife trade. Opportunities from a zero carbon economy. Sea levels are rising.

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Low Impact

AUGUST 29, 2021

It proposes to make Europe the first continent to reach carbon neutrality by 2050 and the first to deliver a climate law with binding emissions targets. But in Europe, only 0.1% Once approved, the law will set legally binding targets for carbon emission reductions. It’s not just the energy lobby. Image: InterAlia.

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Business Green

JANUARY 22, 2021

The Planning Inspectorate had opposed the project, warning it could lock-in high carbon infrastructure at the expense of the UK's climate goals, marking the first time it had opposed a major project on such grounds. It also argued wind and solar power would be more cost-effective for bill payers compared to new gas power capacity.

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Business Green

JULY 22, 2020

The UK government looks set to find itself in court once again over its decision to green light plans for Europe's largest gas-fired power station in North Yorkshire, after environmental NGO ClientEarth yesterday said it has won the right to appeal the move on climate change grounds.

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