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South Korea to push for carbon neutrality by 2050

Business Green

South Korea will set its sights on becoming a carbon neutral country by 2050, President Moon Jae-in announced today, making it the latest major economy committed to ending its contribution to climate change as crucial momentum towards net zero gathers pace ahead of COP26. has today committed to #NetZero by 2050!

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Multi-million pound investment needed in carbon capture technology to mitigate CO2 emissions, report finds

Envirotec Magazine

Multi-million-pound investment is urgently needed in technologies including direct air capture (DAC) if the UK is to make ‘green’ airports a reality in the future, research by Cranfield University seems to reveal. DAC works by capturing CO2 in the air and then either sequestrating it or using it to manufacture carbon neutral fuel.

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Lidl GB unveils plan to become 'carbon neutral' by next year

Business Green

Lidl GB this morning became the latest supermarket to announce ambitious new decarbonisation goals, pledging to make its operations 'carbon neutral' by 2022 before slashing its direct emissions by 80 per cent against 2019 levels by 2030. warming trajectory. warming trajectory.

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'Carbon-neutral concrete': Industry issues Open Challenge to start-ups worldwide

Business Green

Global Cement and Concrete Association launches major new initiative to help catalyse development of low carbon technologies and techniques. Successful start-ups will receive expertise, facilities, and investment to develop their technologies and speed commercialisation through a 12-month scheme run by GCCA's innovation programme, Innovandi.

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Italian gas giant Snam targets carbon neutrality by 2040

Business Green

Europe's biggest gas pipeline company unveils multi-billion Euro investment plan to transition to hydrogen and biomethane. The plan designates €6.7bn of investment towards regulated energy infrastructure, focused on hydrogen-ready replacements for gas, as well as digitisation and decarbonisation programmes.

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On the road to carbon neutrality

Business Green

We began our sustainability journey over 25 years ago, and since then have made good progress, particularly in cutting carbon emissions. By 2030, Dow will reduce its net annual carbon emissions by five million metric tons versus its 2020 baseline. And by 2050, Dow intends to be carbon neutral. Our commitments.

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Report details China’s complex energy landscape and its enormous green energy shift

Envirotec Magazine

On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. The power sector is decarbonizing quickly by replacing coal with domestically sourced renewable energy, and domestically produced coal will largely be sufficient for the remaining coal demand segments by 2050.