"The drop is consistent with a decade-long downward trend in greenhouse gas releases from large stationary sources, partly propelled by the power sector’s ongoing shift away from coal to renewable sources and cleaner-burning natural gas."
The State of Carbon Capture, Removal and Utilization
“It's become increasingly clear that we're unlikely to reach net-zero at any significant scale without some pretty heavy carbon management. That means carbon capture, carbon removal and carbon utilization.”
San Francisco bars natural gas in new building construction starting next year
“Any building that applies for a new construction permit after June of next year will be subject to the requirements, though an amendment to the ordinance allows restaurants to apply for a waiver through the end of 2022 to use a natural gas stove.”
Green energy: 90% growth of power capacity globally in 2020
"Renewable power is defying the difficulties caused by the pandemic, showing robust growth while other fuels struggle. The resilience and positive prospects of the sector are clearly reflected by continued strong appetite from investors — and the future looks even brighter with new capacity additions on course to set fresh records this year and next."
GM adding 3,000 tech jobs to accelerate electric vehicle push
“General Motors is pulling ahead the launch of two future electric vehicles and plans to add 3,000 new software jobs by early next year as it races to get electric vehicles on the road faster.”
How Buffett’s $10 Billion Pipeline Deal Is Doing Environmental Double Duty Helping Dominion Energy Turn Acres Of Manure Into Clean Power
“Over the next decade, Dominion aims to invest $650 million into agriculture-derived gas projects. Smithfield will contribute another $250 million. The expected result: 8 billion cubic feet per year of livestock gas—thus preventing the emissions equivalent of 3.5 million tons per year of carbon dioxide. That’s like taking 750,000 cars permanently off the road, or planting 60 million new trees every year.”
Walmart has a grand plan to help suppliers club together to buy green energy
“Walmart aims to reduce emissions from its supply chain by 1 gigaton by 2030 via its Project Gigaton initiative, and it is now extending its buying power to its suppliers, who will be able to group together to buy renewable energy via its Gigaton PPA Program that launched in September. Smaller companies can be priced out of the market for renewable energy, and there are only around 100 corporates buying renewable energy in this way, according to Walmart’s calculations and data from the Renewable Energy Buyers Alliance.”
Green-Power Giant Capitalizes on Energy Transition With $88 Billion Investment
“This year has seen the rise of clean power companies—including Iberdrola, Enel and, in the U.S., NextEra Energy Inc. —into the upper echelons of the world’s most valuable energy companies. That has come as traditional oil majors grapple with the fallout from the coronavirus pandemic, which has decimated demand for crude and tanked prices. There is also broader support from companies, investors and governments for low-carbon energy.”
Communities Surrounding Closed Nuclear Power Plants Face Terrible Challenges Moving Forward
“Upon closure, the socioeconomic ripple effects are swift, severe and widespread, with local public services suffering significant cutbacks, especially to schools and emergency responders, fire and police.”
BP Signals Imminent Hydrogen and Offshore Wind Plays
“BP is backing both blue and green hydrogen. A gas power plant in northeast England with carbon capture and storage capabilities will be the foundation of a low-carbon industrial cluster with blue hydrogen fed to industrial customers.”