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Could green hydrogen be key to a carbon-free economy?

GreenBiz

And what energy product will be used both to power this city and sell to the world? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. This summer, a large U.S. This summer, a large U.S.

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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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Comment: Carbon net zero – we’re halfway there

Envirotec Magazine

By Faye Bowser, Head of Energy Solutions, Siemens plc. How do we find the energy and ideas now to put in place the changes needed to sustain our collective trajectory to 2050, and also identify the next set of ‘big wins’ for industry? A lot of the hard work has come from decarbonising the grid and the shift to renewable power.

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? Fueling carbon-free transport

Climate Tech VC

The Tank-up of Tomorrow Transportation accounts for ~16% of global GHG emissions , and while passenger vehicles have likely gone the way of EVs, cleaning up the remaining 55% of hard-to-decarbonize aviation, heavy ground transport, and maritime shipping is still—well, hard! Engines are optimized for fossil fuels.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.

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Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

Business Green

ShareAction explained that comparisons are difficult due to banks setting different targets for different sectors, with only 14 of the banks having set methane targets, despite being a major source of greenhouse gas emissions. world.".