Tag: carbon free

Carbon Capture gets $35 million in a fundraising round

Carbon Capture has announced a $35 million Series A fundraising round. The company is a climate-tech firm that creates machines to capture carbon dioxide from the environment. With this new round of fundraising, the company now has over $43 million in total equity funding.

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Southern California Gas Company sets bold net zero emissions pledge

The Southern California Gas Company (SoCalGas), the largest gas utility in the US, has announced the company’s bold commitment to achieve net zero greenhouse gas (GHG) emissions in its operations and delivery of energy by 2045. This commitment makes SoCalGas the largest gas distribution utility in North America to set a net zero target including scopes 1, 2, and 3 GHG emissions, which would eliminate not only its own direct emissions, but also those generated by customers’ energy delivered by SoCalGas’ energy infrastructure.

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Trane Technologies plans to half its product carbon emissions by 2030

Trane Technologies plans to cut its product carbon emissions by nearly 50 per cent by 2030. The company’s emissions reduction targets have been validated by the Science Based Targets Initiative (SBTi). The targets support Trane Technologies’ 2030 Sustainability Commitments, including its Gigaton Challenge to reduce customer emissions by one billion metric tons. It also supports the Paris Agreement goal to limit global warming to 1.5 degrees Celsius, which will require net-zero global carbon emissions by 2050.

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Schlumberger New Energy, Chevron and Microsoft collaborate on carbon negative bioenergy

Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems have announced plans to develop a bioenergy with carbon capture and sequestration (BECCS) project designed to produce carbon negative power in Mendota, California. The companies involved expect to begin front end engineering and design immediately, leading to a final investment decision in 2022, and will then evaluate other opportunities to scale this carbon capture and sequestration solution.

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Ontario’s first carbon-negative bus launched

Ontario has launched a renewable natural gas (RNG) public transit bus. The RNG is supplied by Enbridge Gas Inc. and is produced in London at the StormFisher biogas facility that processes organic waste. The RNG is considered carbon negative because it diverts organic waste from a landfill and prevents release of methane into the atmosphere.

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The Top 11 Clean Energy Developments of 2020

2020 will be a year to remember. Fortunately, we don’t only have to remember it for a global pandemic, wildfires, an economic recession, racial justice protests, and locust swarms. Plenty of exciting and positive things happened in the energy space throughout the year. Coal is on its way out, bans on gas vehicles are growing and green hydrogen is off to the races.

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