Electric and hydrogen truck OEM Tevva will unveil its 19-tonne(19t) hydrogen-electric truck and announce its strategy for mainland Europe at the IAA Transportation show in Hanover, Germany, from Monday 19 September.
As extreme weather events continue to occur with increased frequency, the necessity to transform the way we consume energy has taken on significant urgency. The approaches to decarbonizing will vary across sectors, but government policies and the investment community are driving change. The global carbon transformation is shaping up to be a multi-decade, secular phenomenon. It exists at the intersection of three powerful themes: climate commitment, energy security, and economic growth.
September 19th marked the beginning of UN Climate Week. This year, we confront the climate crisis with greater urgency than ever before, as companies race to meet their decarbonization targets, struggle to comply with new disclosure requirements, and contend with financial losses from extreme weather events.
Danish renewable energy producer Orsted is a market darling. Ranked the world’s most sustainable energy company by Corporate Knights Global 100 Index every year since 2019, in 2020 it was also ranked the most sustainable company in the world.
The Mission Possible Partnership (MPP) and the Science Based Targets initiative (SBTi) have formed a technical collaboration to enhance the compatibility of the SBTi Sector Projects and MPP Sector Transition Strategies, providing companies in high-emitting sectors with a simplified roadmap to scale climate actions and accelerate decarbonization in line with 1.5°C.
USDA to Triple Commitment with Initial $2.8 Billion Investment Piloting New Revenue Streams for America’s Climate-Smart Farmers, Ranchers and Forest Landowners, with Additional Projects to Come.
Investor groups from around the world publicly released a statement signed by 532 institutional investors with US $39 trillion in assets under management, advocating for governments to enact ambitious policies that would leverage the private capital required to effectively address the climate crisis.
The Commission is proposing an emergency intervention in Europe's energy markets to tackle recent dramatic price rises.
AXA today announced the launch of the Forests for Good program to help restore damaged forest ecosystems and make them more resilient to climate change.
Oil Supermajors Make Big Commitments to Green Hydrogen
Compass Group has successfully issued two Sustainable Bonds, raising proceeds of €500m and £250m respectively, which will be used to progress the Group’s sustainability initiatives and the delivery of its global Climate Net Zero target.
The Sustainable Development Investments Asset Owner Platform (SDI AOP) has been expanded to include information on companies’ products and services that are inconsistent with achieving the UN SDGs.
The need for renewable energy has never been stronger. Unprecedented volatility in the natural gas market and geopolitical shocks have sent world leaders rushing to diversify their nation’s energy mix and reduce their reliance on gas. With net-zero deadlines also inching closer, governments are keen to fill this supply gap with renewable energy. For that to happen, however, the renewables sector needs emerging technologies and markets to take a major leap forward.
What a time to be in the carbon markets. As we pass mid-year, the KraneShares Global Carbon Strategy ETF (Ticker: KRBN) celebrates its 2nd anniversary of opening the global carbon markets to investors. In the same week, the US Senate has just worked out an epic $369bn climate and energy deal. The Inflation Reduction Act of 2022 marks a continued acceleration towards decarbonization and tightening efforts around emissions. At this pivotal moment for carbon markets, I see a material opportunity ahead and some misunderstandings too.
Energy UK is backing a plan which could cut bills for households and non-domestic customers by reducing the costs paid to low carbon electricity generators.
Make UK say that the Government must immediately scrap the Carbon Price Support – a levy only UK businesses pay and look at introducing an Industry Price Cap to freeze energy bills at an agreed rate.