“Top central bank leaders said Thursday climate-change risks are an increasingly important consideration in their thinking about their respective economies and financial systems, and that environmental concerns also are increasingly a factor in their monetary policy considerations.”
Diesel Engine Giant Cummins Plans Hydrogen Future–With Trains Coming Before Trucks
“The Columbus, Indiana-based manufacturer, which supplies diesel engines for boats, heavy-duty pickups, delivery vehicles, buses and semis, laid out a comprehensive strategy in its ‘Hydrogen Day’ presentation, covering its production of fuel cells, stationary power systems, fuel tanks and electrolyzers to help companies make their own hydrogen."
Banks Bet They Can Go Zero-Carbon And Still Boost The Bottom Line
“Banks want to make loans to creditworthy customers. But if those projects are burdened by unreasonable climate risks, they may get rejected. That gives the edge going forward to clean energy investments.”
Emissions from U.S. Industrial Facilities Fell Nearly 5% in 2019
"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.”