Use of Hydrogen Fuel Increasing in Industry, But Not Fast Enough, Says IEA Report
To accelerate the adoption of hydrogen as a clean fuel, the IEA urges government action, including...
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Nucor Launches Carbon Neutral Steel Product
Nucor is launching a net zero carbon steel product and GM will be the first to put it into use.
Cold Storage Tech Company Nostromo Raises $13.6M
A pioneering cold storage technology based on modular ice cells — and ready for air conditioning/cooling use by commercial and industrial buildings — is available from Nostromo; the company has raised $13.6 million for its clean energy storage system and will begin trading on the Tel Aviv Stock Exchange.
Major German Corporate Group Partners With EIT Climate-KIC On Carbon Removal Program
A corporate insurance group, including Munich Re and ERGO, are investing in and partnering with EIT Climate-KIC, Delft University of Technology (TU Delft) and the Swiss Federal Institute of Technology (ETH Zurich), to support solutions for carbon removal via the newly launched EIT Climate-KIC ClimAccelerator program. Carbon capture, utilization and ... Read more »
Emerging Markets Offer Big Investment Opps for ESG-Focused Investors, Report Says
Another report touting the importance of ESG factors — including biodiversity and stewardship — in the valuation and the creation of value across asset classes, and their impact on investments and investment decisions, has been released. One key finding is that better environmental stewardship can unlock significant
Canadian Pacific Railway Publishes First Climate Strategy, Establishes Science-Based GHG Emissions Targets
Canadian Pacific Railway Limited (CP) has released its first comprehensive Climate Strategy aimed at addressing GHG emissions reductions and climate resiliency as the company pivots to a low-carbon future. As part of developing the strategy, CP completed a scenario analysis at ‘well below 2 degrees Celsius’, based on IEA’s Sustainable ... Read more »
Bloom Energy, Heliogen Partner On Low-Cost Green Hydrogen
Bloom Energy and Heliogen have announced plans to produce green hydrogen using only concentrated solar power and water, further accelerating progress toward a zero-carbon future. The companies’ first integrated solution is expected to be operational by the end of 2021. Green hydrogen is one of the top ten technologies shaping ... Read more »
Zero Carbon Building Accelerator Will Help Tap Energy Savings Potential in Buildings, Says WRI
Every dollar invested in efficiency alone saves two dollars in new electricity generation and distribution costs, yet despite the extraordinary potential to drive savings and a sustainable future, 80% of economically viable energy savings in buildings remain untapped, according to the World Resources Institute (WRI). To help tap that potential, the WRI has launched the Zero Carbon Building Accelerator.
Battery Management Systems Market to Leap 15% per Year through 2030
As sales of electric vehicles soar, and as the price of automotive batteries declines, demand for battery management systems will jump. The battery management system market is projected to grow at a 15% CAGR between 2021 and 2030, according to a new report from ResearchAndMarkets.
‘Oil & Gas Execs Could Lose Their Jobs,’ and Other Dire Warnings from S&P Global Ratings
Executives in the oil and gas industry could stand to lose their jobs if they ignore climate change or don’t drive their companies to move quickly enough, according to a new report. Oil and gas companies could even be held legally responsible for their role in climate change.
The Link Between Sustainability Disclosure And Company Change Is Flawed
“The time has come to question whether institutional investors’ continued emphasis on climate disclosure is justified,” writes Thomas O’Neill in Responsible Investor. He adds, “Investors overwhelmingly view climate risk disclosure as uninformative and imprecise. ESG ratings are wildly inconsistent.” Ken Picker, former Chief Operating Officer of Timberland, agrees, stating that ... Read more »
EY: Financial Hurdles Could be the Biggest Barrier to Achieving Net Zero Goals
A new report, “EY Renewable Energy Country Attractiveness Index (RECAI),” estimates that future development to achieve net zero will require a further investment of $5.2 trillion.