Business Green

OCTOBER 13, 2021

But agency calls on policymakers to ramp up green policies and investments, noting that existing decarbonisation pledges still leave the world on track for dangerously escalating climate impacts. by 2050 and would lead to worsening climate impacts over the coming decades. of temperature rise by the end of the century.

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GreenTechMedia

FEBRUARY 3, 2021

The only climate trend more powerful for global financial institutions than the drive to achieve net-zero emissions by 2050 is the momentum to exit oil and gas. The problem is that despite this momentum, even sophisticated investors lack the breadth and depth of commitment to avoid the vast majority of speculative oil and gas investments.

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Building Energy Monitoring Solar Energy Monitor Energy Monitor Fossil fuels 223

GreenTechMedia

NOVEMBER 15, 2019

The European Investment Bank (EIB) will stop backing fossil fuel energy projects in 2021, except those using carbon capture and storage (CCS) technology or offsets to cancel out their emissions. It's targeting €1 trillion of climate action and sustainability investments between 2021 and 2030.

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Renewable Energy World

OCTOBER 13, 2021

The world’s hugely encouraging clean energy-momentum is running up against the stubborn incumbency of fossil fuels in our energy systems,” said Fatih Birol, the IEA Executive Director. The world is not investing enough, the authors wrote, to meet future energy needs, which could lead to prolonged volatility in energy markets.

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Clean Energy Canada

DECEMBER 13, 2023

The tone wasn’t exactly improved when the conference president proclaimed that a fossil fuel phaseout would “take us back into caves.” Canada was publicly called out at the UN’s September Climate Ambition Summit for being “one of the largest expanders of fossil fuels last year.” .”

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COP Fossil fuels Methane Investment 105

Business Green

MARCH 28, 2021

Fossil fuel firms are increasingly eyeing up plans for blue hydrogen production, but think tank E3G fears the nascent sector risks locking in a new generation of high carbon infrastructure and jobs.

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Fossil fuels Hydrogen Carbon Government 41

Business Green

MAY 6, 2021

Methane emissions reduction could significantly reduce rates of global warming at a relatively low cost, major research warns. As such, the report emphasises that methane mitigation is "one of the best ways of limiting warming in this and subsequent decades".

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Methane Energy Monitor Building Energy Monitoring Carbon-negative 67

Clean Energy Canada

MARCH 25, 2024

If the federal and provincial governments live up to their climate commitments (namely on methane reduction, industrial carbon pricing, an emissions cap and ensuring that new LNG projects reach net zero on scope 1 and 2 emissions), over eight Site C’s worth of additional electricity would be required to electrify the six LNG projects in B.C.

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Clean Energy Canada

DECEMBER 20, 2023

The final wording of the COP28 agreement – which required consensus among all nations and the chair – codified a commitment to transition away from fossil fuels in energy systems. Adding to the problem is that the fossil-fuel sector is Canada’s fastest-growing source of emissions. But all was not lost.

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Fossil fuels COP Investment Demand 52

R-Squared Energy

SEPTEMBER 2, 2021

After all, a substantial fraction of global carbon emissions arise from the production, transportation, and consumption of fossil fuels. zero carbon emissions (NZE) by 2050. The report is Net Zero by 2050: A Roadmap for the Global Energy Sector. based fuels.”. The Role of Hydrogen. According to the U.S.

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Business Green

OCTOBER 15, 2020

European Commission unveils flurry of major policy plans as it seeks to help deliver on 2050 net zero goal, but green groups warn bolder action is still required. However, green groups were today quick to warn that the Strategy did not go far enough, pointing to the omission of any plan to phase out fossil fuels for heating and cooling. "A

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Methane Building Energy Monitoring Home Energy Monitoring Energy Monitor 48

Business Green

FEBRUARY 12, 2020

New CEO at global oil giant will step up its investment in non-oil and gas activities, but campaigners argue much more detail is required on how the company will pivot towards net zero emissions. To deliver that, trillions of dollars will need to be invested in replumbing and rewiring the world's energy system. It must also be cleaner.

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Fossil fuels Investment Carbon Methane 74

Business Green

MAY 27, 2020

Britain's gas networks have today unveiled proposals to invest over £900m in developing net zero infrastructure over the coming five years as part of the UK's coronavirus recovery efforts, with a major focus on ramping up the use of biomethane and hydrogen for heating, cooking, industry, and transport. We have a plan that's ready to go.

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Fossil fuels Hydrogen Methane Transportation 100

GreenTechMedia

FEBRUARY 9, 2021

The promise of a hydrogen economy to replace fossil fuels is commonly centered on the potential for ‘green hydrogen,’ generated via electrolysis of water with carbon-free electricity. The new investment is meant to fund its first pilot-scale production facility, CEO Zach Jones said in an interview.

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Hydrogen Technology Natural gas Methane 130

GreenTechMedia

JANUARY 27, 2020

But while a transition to natural gas is already underway, it’s unclear what the future of that fossil fuel will look like as policies shift and other, cleaner resources become more competitive. ” Yet despite the growing scruitiny of natural gas investments, Marco Alverà, CEO of Italian gas company Snam S.p.A.,

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Natural gas Fossil fuels Methane Investment 172

DeSmogBlog

JANUARY 8, 2024

A climate compatibility checkpoint to assess potential new licences, drawn up with the government in 2021, is now set to be replaced by further weakened measures, experts say, based on cherry-picked data that greenwashes new fossil fuel development. UK oil and gas consumption needs to fall by over 80 percent to meet UK targets.”

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Carbon Fossil fuels Natural gas Government 97

Clean Energy Canada

MARCH 25, 2024

Abroad, LNG will not necessarily reduce global emissions when accounting for factors such as methane leakage and the risk that it could compete with renewables and nuclear. KEY FACTS The International Energy Agency holds that there is no need for investment in new fossil fuel supply in a world that reaches net zero by 2050.

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Electricity Nuclear Power Fossil fuels Natural gas 94

Clean Energy Canada

SEPTEMBER 21, 2021

“The Liberals announced key additional policies to help them achieve an increased climate target and build a sustainable economy, such as a 2035 clean electricity standard, a requirement for 50% of new cars to be zero-emission by 2030 (en route to 100% by 2035), capping oil and gas emissions, and eliminating fossil fuel subsidies.

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Fossil fuels Climate change Methane Carbon 98

GreenBiz

JULY 15, 2020

Clean hydrogen could cut greenhouse gas emissions from fossil fuel by up to 34 percent, reported Bloomberg New Energy Finance. . Deployed at scale, hydrogen from all sources could account for almost 20 percent of energy consumed by 2050, projects the Hydrogen Council.

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Demand Hydrogen Technology Energy 529

Renewable Energy World

NOVEMBER 19, 2021

Global annual hydrogen supply in 2020 accounted for 90 Mt, with the bulk (59%) coming from fossil fuel-based steam methane reformation from natural gas, with 19% coming from coal-to-hydrogen gasification – while less than 1% currently is sourced from electrolysis. of total global emissions.

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Hydrogen Fossil fuels Natural gas Methane 111

Elemental Excelerator

NOVEMBER 17, 2021

This Conference of Parties (COP) was highly anticipated as a critical inflection point where our economies and societies set forth on an ambitious and clearly defined path to decarbonize by 2050 and keep warming below 1.5 There are a variety of different sources of methane emissions and many solutions will be needed to curb those emissions.

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Innovation Technology Methane Fossil fuels 105

DeSmogBlog

FEBRUARY 20, 2024

But the newly adopted measures, which were announced last week, leave the London-based multinational with plenty of flexibility to continue financing fossil fuel extraction — and some critics say they don’t go far enough. Publicly, Barclays has signaled an intent to pivot away from fossil fuels and help power the rise of green energy.

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Fossil fuels Natural gas Methane Policy 92

Renewable Energy World

DECEMBER 29, 2021

Many climate activists and clean energy enthusiasts warn against the continued use of, and investment in, natural gas infrastructure, insisting it isn’t a substitute for clean energy. should not plan to maintain its current fossil-based natural gas systems indefinitely. By Jonathan Cristiani, Black & Veatch. They are correct. .

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Natural gas Carbon-negative Methane Fossil fuels 93

Energy Innovation

MARCH 9, 2022

Nevertheless, state policymakers must take additional action to achieve Oregon’s greenhouse gas (GHG) emissions targets of at least 45 percent below 1990 emissions by 2035 and at least 80 percent below by 2050. MMT of assumed Community Climate Investments (explained in the CPP footnote). *The Business As Usual Scenario.

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Clean Energy Canada

OCTOBER 26, 2021

A recent report from the Canadian Institute for Climate Choices found that over 70% of Canada’s goods exports and over 60% of foreign direct investment in sectors are vulnerable to market disruption from climate change and the energy transition. s new target and en route to 100% zero-emission vehicle sales by 2035.

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Fossil fuels Climate change Government Methane 101

DeSmogBlog

AUGUST 10, 2022

But climate campaigners warn the impact of methane leaks could negate any benefits from the as-yet unproven technology. Toogood’s appointment was criticised by campaigners who argue that fossil fuel companies are lobbying governments to embrace blue hydrogen to guarantee future demand for natural gas. Dirty Hydrogen’.

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Hydrogen Fossil fuels Natural gas Carbon-negative 91

GreenTechMedia

DECEMBER 8, 2020

Green hydrogen could supply up to 25 percent of global energy needs by 2050, it added. The coalition also cited Goldman Sachs research indicating that the addressable market for green hydrogen could be worth 10 trillion euros ($12 trillion at current exchange rates) by 2050. degrees Celsius.

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Hydrogen Fossil fuels Natural gas Methane 130

Energy Innovation

FEBRUARY 5, 2023

While new Inflation Reduction Act investments will spur ample opportunities for transitioning to clean energy, additional state and federal policy action is needed to achieve U.S. In Wisconsin, this policy contributes 20 percent of total emissions reductions in the five-policy scenario in 2050. climate goals.

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Policy Innovation Technology Methane 52

Green Business Bureau

APRIL 12, 2022

Before investing in a given carbon offset program, you need to ensure the scheme is robust and verified to the highest international standards. Energy Information Administration (EIA) predicts that there will be a sharp increase in the amount of renewable energy generated between 2010 and 2050.

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Carbon Carbon-negative Carbon-neutral Methane 148

GreenBiz

SEPTEMBER 25, 2020

This week, in fact, some of the biggest names in food announced a major regenerative initiative: Walmart, McDonald’s, Cargill and the World Wildlife Fund said they will invest $6 million in scaling up sustainable grazing practices on 1 million acres of grassland across the Northern Great Plains.

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DeSmogBlog

SEPTEMBER 24, 2021

This is much sooner than what the blue hydrogen industry is estimating when advocating for the natural gas-based fuel to be widely adopted — essentially eliminating the only viable argument to invest in blue hydrogen. . “ By 2050, the paper sees the costs dropping to $0.35 A Fossil Fuel Narrative. kgH2 by 2030.

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Hydrogen Natural gas Fossil fuels Methane 98

Business Green

APRIL 4, 2022

Thereafter, as previous IPCC reports have indicated, global emissions must fall by 43 per cent by 2030, in addition to a reduction in methane emissions of around a third, from 2019 levels. Even if emissions are halved by 2030 and methane is cut by a third in the same timeframe, it is "almost inevitable" warming will rise above that 1.5C

Fossil fuels 69

Fossil fuels Global warming Policy Technology 69

Clean Energy Canada

NOVEMBER 16, 2021

On the plus side, the pact reaffirmed the central importance of 1.5C (our best chance to avoid the worst impacts of climate change), mentions coal and fossil fuels for the first time, and calls for countries to “revisit and strengthen” 2030 climate pledges by the end of 2022 instead of waiting another five years. of warming.

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Policy Fossil fuels Carbon-neutral Climate change 92

GreenTechMedia

FEBRUARY 17, 2020

Fossil fuels, primarily gas, are a fixture in millions of American homes and businesses, but the building sector’s climate impact hasn’t received the same scrutiny as coal and gas in the power sector or oil in the transportation sector. Fortunately, that’s changing. billion per year, even as the overall U.S.

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Fossil fuels Climate change Electricity Policy 130

DeSmogBlog

NOVEMBER 2, 2023

Food systems are responsible for at least 15 percent of all global fossil fuel consumption, according to a major report launched ahead of the COP28 climate summit. Its authors found that even if governments delivered on their 2030 climate pledges, by 2037 food-related fossil fuel use alone would blow the remaining portion of the 1.5C

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Envirotec Magazine

NOVEMBER 18, 2021

Progress did seem to be forthcoming on cutting methane emissions, with more than 100 countries (although not China) – committing to a 30% reduction by 2030 compared to the 2030 baseline. One of the most significant sign-ups, Poland, later confirmed it intended to carry on burning coal for at least another 25 years.

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Business Green

AUGUST 12, 2021

Campaigners are urging the UK government to prioritise and support the production of 'green' hydrogen made using renewable energy, after a major US academic study today found that 'blue' hydrogen produced using fossil fuels could be worse for the climate than burning natural gas.

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