“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.”

“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.”

“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 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.”

The Independent Petroleum Association of America has launched The ESG Center and is embracing an environmental, social, and governance message to win back investors skeptical that fossil fuels have a future.

"'If the world is to achieve net-zero by 2050 it will require all parts of the economy in all regions of the world to contribute,' Aditya Mittal, ArcelorMittal's president and chief financial officer said last week at the Financial Times Commodities Conference."

"Hydropower may be renewable, he says, but from an environmental perspective it isn’t sustainable. 'Unless a river’s value is zero,' he says. 'If a river has any value as an ecosystem, as a host for life, then hydropower isn’t even a consideration.'"

“China now accounts for 90% of the world’s rare earths production. China also controls the refining and processing sectors. The market for these products are mostly the EV supply chain. China has worked hard to exert control over the mining and processing of those critical minerals used in making EVs what they are today. Their lead is this segment of the supply chain, a super important segment to say the least as Polestars aren’t powered by the wind. Some 70% of global EV battery manufacturing capacity is in China, while the US has less than 10%, most of it being run by Tesla. Of the 142 lithium-ion battery megafactories under construction worldwide, China will be home to 107 of them. “

“Today, GE is setting a goal of achieving carbon neutrality for our own operations by 2030. With over 1,000 facilities across the globe including factories, test sites, warehouses and offices, the scale of GE’s industrial manufacturing footprint means that achieving our new goal will represent a significant reduction of greenhouse gas emissions.”

"This underlines RWE’s ambitions to expand its renewables business to Taiwan and the wider Asia-Pacific region. During the “Energy Taiwan 2020” event, taking place this week in Taipei, RWE will be one of the leading exhibitors."