Global leaders and international businesses joined hands in Paris this week to affirm their commitment to the global climate treaty and to share the wealth with developing nations. Is it enough?
Should the European Union acquiesce to the steel sector there -- to tax carbon across the board for all steel companies selling into Europe? Without that, it says it is at a disadvantage.
ArcelorMittal, the world’s biggest steel company, in partnership with carbon recycling company LanzaTech and Primetals Technologies, a technology and service provider to the iron and steel industry, plan to build Europe’s first-ever commercial scale production facility to create bioethanol from waste gases produced during the steelmaking process. The companies say ... Read more »
ArcelorMittal Galati, a steel and mining company, has invested more than $7 million to upgrade a set of turbine blowers, aimed at reducing energy consumption at one of its blast furnaces. The turbine blowers inject cold air into the blast furnaces, and are key to the technological flow of the ... Read more »
Greenhouse gas emissions from the world’s 500 largest businesses rose 3.1 percent from 2010 to 2013, according to a Thomson Reuters report written in collaboration with BSD Consulting. During this time the UN says major companies should have seen a 4.2 percent reduction to keep global temperatures within a 2 ... Read more »
Environmental regulations of air, water, waste, health and safety are evolving rapidly and so are the best practices for achieving compliance. Many companies endeavor to effectively manage their environmental programs, but few are true leaders in environmental excellence. This webinar offers a rare opportunity to learn from industry leaders at ... Read more »
Volvo will officially launch its 7900 electric hybrid bus (pictured) at the International IAA Commercial Vehicles show at the end of the month. The bus offers fuel savings of 75 percent, energy reduction of 60 percent, and CO2 reduction of 75 percent. Alcoa will roll out its lightest heavy-duty truck ... Read more »
Dow Chemical Company, Goldman Sachs, Microsoft and ExxonMobil are among the 29 major public companies in the US — and 150 globally — that are incorporating an internal carbon price into their business decisions, according to a CDP report. The prices disclosed, ranging from $6 to $80 a metric ton, ... Read more »
A diverse group of over 150 companies, including AT&T, Motorola, Siemens, Volvo and Wyndham Worldwide, have urged President Obama to approve construction of the Keystone XL pipeline. Companies signing the letter include many one would expect – fossil fuel companies such as Chevron, ConocoPhillips, Exxon Mobil and Shell; utilities such ... Read more »
The Energy Department announced the addition of five new Better Buildings, Better Plants Partners, including HARBEC, a custom injection molder and precision component parts manufacturer based in Upstate New York, which became a Better Plants Challenge Partner. HARBEC will reduce its energy intensity by 25 percent over a 10-year period, ... Read more »
Not surprisingly, the Greenhouse 100 index of the nation’s top greenhouse gas emitters – released yesterday by the Political Economy Research Institute at the University of Massachusetts, Amherst – is dominated by utilities and oil and gas companies. So who are the outliers? The highest-emitting company not hailing from the ... Read more »
RWE, Vattenfall and E.On have topped Carbon Data’s rankings of the most carbon-intensive companies in the European Union’s emissions trading scheme, same as last year. Steel manufacturers ArcelorMittal and Tata Steel and cement maker LaFarge were the three companies with the most freely allocated surplus EU carbon allowance for 2012. RWE ... Read more »