Tag: climate action

Can voluntary carbon markets change the game for climate change?

Can voluntary carbon markets change the game for climate change?

March 22, 2021 |

Carbon credits are created in projects where actors implement activities resulting in lower or negative emissions. These credits can be sold by the actor who implemented the carbon reduction and can be traded and purchased by other actors, e.g. companies, to ‘compensate’ for their emissions. The motivations of the actors purchasing these offsets might be to comply with emission standards or regulations, to voluntarily improve their carbon footprint, or to support decarbonization projects.

Read More
Fusion Fuel Green announces MoU with Magnesitas De Rubian, S.A. to develop green hydrogen solutions for mining sector

Fusion Fuel Green announces MoU with Magnesitas De Rubian, S.A. to develop green hydrogen solutions for mining sector

March 11, 2021 |

Fusion Fuel Green PLC, a green hydrogen technology company, has signed an MoU with Magnesitas De Rubian, S.A. (Magnesitas), a Spanish mining company, to jointly explore the feasibility of combining green hydrogen and carbon capture technology to reduce the carbon intensity of mining operations and processing. The longer-term ambition of the partnership is to accelerate the timeline to climate neutrality of mining activity and develop new mining solutions based on zero-emissions hydrogen.

Read More
Amorepacific becomes the first Korean beauty company to join RE100

Amorepacific becomes the first Korean beauty company to join RE100

March 11, 2021 |

Amorepacific has become the first Korean beauty company to join the global RE100 initiative with a goal to source 100 per cent renewable energy to power all of its production sites and offices by the year 2030. To achieve this goal Amorepacific will also utilize third party PPAs and green contracts operated by the Korean government.

Read More
Resolute Forest Products sets target to reduce GHG emissions by 30 per cent

Resolute Forest Products sets target to reduce GHG emissions by 30 per cent

March 11, 2021 |

Resolute Forest Products Inc. has announced its commitment to reduce absolute greenhouse gas (GHG) emissions (scope 1 and 2) by 30 per cent against 2015 levels by 2025. This new target builds on the company’s 83 per cent reduction in absolute GHG emissions from year-2000 levels, two-thirds of which reflect reductions in emission intensity.

Read More
Hydrogen is expected to play a central role in Japan’s clean energy transition: IEA

Hydrogen is expected to play a central role in Japan’s clean energy transition: IEA

March 9, 2021 |

It has been almost a decade since the Fukushima nuclear accident which resulted in significant disruption to Japan’s energy supply and the country has been making significant efforts to diversify its energy mix. It has been gradually expanding its renewable energy capacity and improving its energy efficiency in order to lower its carbon emissions as well as reduce the dependence on imported fuels. However, the country’s energy supply still remains highly carbon intensive and Japan will need to redouble its efforts to achieve its goal of reaching carbon neutrality by 2050.

Read More
What’s Next for State Climate Action in the US? 7 Areas to Watch

What’s Next for State Climate Action in the US? 7 Areas to Watch

February 11, 2021 |

Rather than taking a backseat, state leadership must now continue alongside a more supportive federal government, allowing the US to achieve deeper emissions reductions through a new climate federalism framework that leverages comparative strengths at different levels of governance. Here are seven high-impact policies to watch in 2021, as well as federal programs and policies that can encourage and reinforce state-level climate action plans.

Read More
Corporate renewable electricity sourcing in Europe shows continuous growth

Corporate renewable electricity sourcing in Europe shows continuous growth

December 7, 2020 |

Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone.

Read More
Mainstreaming Green Hydrogen in Europe

Mainstreaming Green Hydrogen in Europe

November 27, 2020 |

Europe could mainstream green hydrogen faster than traditional assessments suggest by creating joint investment projects along the value chain, which would allow the initial green premium, or extra cost, of green hydrogen to be measured against the sustainability value-add of a final product, and not only against the cost of competing fossil fuels. Presented below are select extracts and highlights from the white paper titled, “Mainstreaming Green Hydrogen in Europe“. The white paper summarises an independent research project conducted by Material Economics and commissioned by Breakthrough Energy, exploring what Europe can do to accelerate the growth of hydrogen, and in particular renewable energy-based (or so-called green) hydrogen.

Read More
Trends that show the economic benefits of US climate action

Trends that show the economic benefits of US climate action

July 28, 2020 |

The US has made substantial progress towards a low-carbon economy over the past several years. According to research, the benefits of US climate action in today’s economic reality are evident. Strong climate action and investments in low-carbon infrastructure can be effective ways to recover from Covid-19 and secure the economy’s long-term success.

Read More