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Hydrogen: UN urges policymakers to beware fossil fuel 'vested' interests

Business Green

UN backs green hydrogen as it publishes seven principles designed to guide policymakers and business leaders approach to scaling the low carbon fuel. energy sector pathway". Fossil-based hydrogen must turn to credible, independent lifecycle emissions monitoring and regulation to meet a "high burden of proof" for inclusion in 1.5C

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Hydrogen to clean up energy with $10 trillion spend – study

Smart Energy International

The hydrogen market will result in one of the largest disruptions to the energy sector in history and will help decarbonise the landscape, thanks to an anticipated $10 trillion spend to be made through 2050. This is according to a new report released by Rethink Energy, Hydrogen to clean up energy with $10 trillion spend.

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What business needs to know on taking climate action in 2023

Business Green

From clean energy and nature investments to phasing down fossil fuels, We Mean Business Coalition's Maria Mendiluce offers her take on what corporate climate leadership should look like over the coming year. However, it was a missed opportunity to be bolder and propose to phase out all fossil fuels.

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Cheap Wind and Solar Should Prompt ‘Rethink’ on Role of CCS, Paper Argues

DeSmogBlog

The falling cost of wind and solar power significantly reduces the need for carbon capture and storage technology to tackle climate change, a new paper has argued. Cheap, abundant renewable energy reduces the value of CCS in all areas.”. by the end of the century. Renewables. The Right Kind of CCS’.

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Will low-carbon hydrogen will be the silver bullet in APAC?

Renewable Energy World

On Thursday the 19 th of August, the Climate Council in partnership with the law firm Shearman & Sterling, hosted an intriguing panel to discuss a major topic in the energy industry: Will low-carbon hydrogen be the silver bullet in APAC? 58% of the audience agreed, edging out the 42% that disagreed. The controversy around blue hydrogen.

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Low carbon packages: FedEx pledges to deliver 'carbon neutrality' across its operations by 2040 with $2bn investment drive

Business Green

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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Government’s Net Zero Strategy is a major step forward, says CCC

Envirotec Magazine

It is an achievable, affordable plan that will bring jobs, investment and wider benefits to the UK. Ministers have made the big decisions – to decarbonise the power sector by 2035, to phase out petrol and diesel vehicles, to back heat pumps for homes. Until now, only the Climate Change Committee had offered a path to Net Zero.