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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. Manufacturing is going electric, too, as companies ratchet up their net-zero-carbon goals. Joel Makower.

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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. utility has yet fully fleshed out how it intends to eliminate natural gas power plants from its generation portfolio. To be sure, no U.S.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024. Existing hydropower plants can also help with this large ramp up power.

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How steel might finally kick its coal habit

Grist

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.

Hydrogen 145
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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy. Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B

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'Economic injury': How the UK's electricity and transport networks could be racking up £264bn in hidden societal costs

Business Green

Yet while the failure to price in the costs of greenhouse gas emissions was famously described by economist Lord Nicholas Stern as the biggest market failure in history, attempts to bring in carbon pricing measures worldwide such as taxes and emissions trading schemes have had only limited success to date.

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Available figures compiled from various public corporate reports suggest that on average 80 percent of the businesses’ operations remain in oil and gas and, in one case, coal. It also had the highest share of posts on carbon capture and storage technologies, with these making up one in five of the promos put out by the company.