Low-carbon economy

Shipping Losses Decline, but Emerging Risks Challenge Industry

Retrieved on: 
Tuesday, May 10, 2022

The international shipping industry is responsible for the carriage of about 90% of world trade, so vessel safety is critical.

Key Points: 
  • The international shipping industry is responsible for the carriage of about 90% of world trade, so vessel safety is critical.
  • The annual AGCS study analyzes reported shipping losses and casualties (incidents) over 100 gross tons.
  • While total losses declined over the past year, the number of reported shipping casualties or incidents rose.
  • Among them are not only the worlds largest consumer brands, tech companies and the global aviation and shipping industry, but also satellite operators or Hollywood film productions.

Republic Services and Archaea Energy Launch Landmark Joint Venture to Develop 39 New Renewable Natural Gas Projects Across U.S.

Retrieved on: 
Thursday, May 5, 2022

PHOENIX and HOUSTON, May 5, 2022 /PRNewswire/ -- Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, and Archaea Energy, Inc. ("Archaea") (NYSE: LFG), the industry-leading renewable natural gas ("RNG") producer in the U.S., today announced a joint venture to develop 39 RNG projects across the country. The partnership, the country's largest RNG portfolio build-out to date, will convert landfill gas into pipeline-quality RNG that can be used for a variety of applications to displace gas from fossil fuels. The initiative is expected to generate substantial progress towards Republic's long-term sustainability goal to beneficially reuse 50% more biogas by 2030.

Key Points: 
  • PHOENIX and HOUSTON, May 5, 2022 /PRNewswire/ --Republic Services, Inc. (NYSE: RSG), a leader in the environmental services industry, and Archaea Energy, Inc. ("Archaea") (NYSE: LFG), the industry-leading renewable natural gas ("RNG") producer in the U.S., today announced a joint venture to develop 39 RNG projects across the country.
  • Archaea Energy will develop, engineer, construct and operate the RNG facilities, which will be located at Republic Services' landfills in 19 states.
  • Construction is slated to begin on projects in late 2022, with completion and commissioning of the projects planned through 2027.
  • The strategic partnership with Archaea Energy is expected to expand Republic Services' renewable energy portfolio to more than 100 projects.

$2.2‑billion expansion of the Low Carbon Economy Fund to support projects like Northern First Nations Home Retrofit Program

Retrieved on: 
Thursday, May 5, 2022

Today, the Honourable StevenGuilbeault, Minister of Environment and Climate Change, announced a $2.8-million investment for SaskPower from the Low Carbon Economy Fund to support itsNorthern First Nations Home Retrofit Program, which this week is launching itsapplication window for the year.

Key Points: 
  • Today, the Honourable StevenGuilbeault, Minister of Environment and Climate Change, announced a $2.8-million investment for SaskPower from the Low Carbon Economy Fund to support itsNorthern First Nations Home Retrofit Program, which this week is launching itsapplication window for the year.
  • SaskPower is also contributing over $1.0million to support this project, which will provide energy efficiency home retrofits in participating First Nations communities.
  • The advanced and enhanced Low Carbon Economy Fund will support climate action by Indigenous Peoples with a new $180-million Indigenous Leadership Fund.
  • This will support clean energy and energy efficiency projects led by First Nations, Inuit, and Mtis communities and organizations.

FAIRSTEAD VENTURES LAUNCHES TO DRIVE INNOVATIVE TECHNOLOGY SOLUTIONS FOR AFFORDABLE HOUSING

Retrieved on: 
Thursday, May 5, 2022

NEW YORK, May 5, 2022 /PRNewswire/ -- Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development and the creation and preservation of high-quality housing, announced the launch of Fairstead Ventures today. This $100 million initiative will focus on strategic investments and deploying leading-edge technologies across Fairstead's affordable housing portfolio, which is on track to grow to over 30,000 units over the next year.

Key Points: 
  • "The creation of Fairstead Ventures advances our dedication to fundamentally changing the standards in the housing industry, particularly at the intersection of sustainability and affordability," said Jeffrey Goldberg, CEO of Fairstead.
  • "By utilizing our capital and expertise in private equity and venture investing, we will bring innovative solutions to affordable housing nationwide."
  • Fairstead named Aki Karja the company's Director of Proptech to realize Fairstead Ventures' vision to sustainably retrofit aging affordable housing stock with the latest technology solutions while creating state-of-the-art new developments.
  • Fairstead Ventures will act as a strategic investor piloting innovative products and services and scaling new and proven technologies to enterprise level.

UK TECH COMPANY BECOMES FIRST CARBON NEUTRAL SMART LOCKER PROVIDER

Retrieved on: 
Wednesday, May 4, 2022

LONDON, May 4, 2022 /PRNewswire/ -- UK-based Velocity Smart Technology has become the world's first carbon neutral smart locker provider in what the company describes as a major milestone in the industry.

Key Points: 
  • LONDON, May 4, 2022 /PRNewswire/ --UK-based Velocity Smart Technology has become the world's first carbon neutral smart locker provider in what the company describes as a major milestone in the industry.
  • In an effort to meet net zero, Velocity Smart Technology offset all unavoidable emissions by supporting a carbon offset project, thereby making it a carbon neutral company with carbon neutral products.
  • To offset carbon emissions, Velocity Smart Technology supports a carbon offset project in Congo which is certified according to international standards.
  • Smart Collect, Velocity Smart Locker, Velocity Smart Vending, are registered trademarks of Velocity Smart Technology Ltd. in the United Kingdom and/or other countries.

UK TECH COMPANY BECOMES FIRST CARBON NEUTRAL SMART LOCKER PROVIDER

Retrieved on: 
Wednesday, May 4, 2022

LONDON, May 4, 2022 /PRNewswire/ -- UK-based Velocity Smart Technology has become the world's first carbon neutral smart locker provider in what the company describes as a major milestone in the industry.

Key Points: 
  • LONDON, May 4, 2022 /PRNewswire/ --UK-based Velocity Smart Technology has become the world's first carbon neutral smart locker provider in what the company describes as a major milestone in the industry.
  • In an effort to meet net zero, Velocity Smart Technology offset all unavoidable emissions by supporting a carbon offset project, thereby making it a carbon neutral company with carbon neutral products.
  • To offset carbon emissions, Velocity Smart Technology supports a carbon offset project in Congo which is certified according to international standards.
  • Smart Collect, Velocity Smart Locker, Velocity Smart Vending, are registered trademarks of Velocity Smart Technology Ltd. in the United Kingdom and/or other countries.

Johnson Controls to Share How Companies Can Solve for Zero and Win the Decarbonization Race in May Webinar

Retrieved on: 
Thursday, April 28, 2022

"Business leaders see sustainability as top-tier business priority. We're excited for this conversation in which we will share how leaders can increase investment in sustainability initiatives to improve business efficiency, drive resilience and security in their operations -- all while addressing urgent climate challenges," said McGinty. "We see a clear trend of customer demand for unique service and partnership models like our innovative OpenBlue technologies and comprehensive solution suites such as Net Zero Buildings as a Service partnership offerings. These solutions allow them to focus on their core business while we drive customized, scalable steps for planning, execution, financing and reporting for their sustainability journeys."

Key Points: 
  • Register for practical advice that will help you learn how to solve for zero.
  • During the webinar, our expert panel will discuss key insights from Forrester Consulting's study, ' The Race to Decarbonization' , commissioned by and developed in collaboration with Johnson Controls.
  • The panel includes guest speaker Michele Pelino, principal analyst, from Forrester and Katie McGinty, vice president and chief sustainability and external relations officer, Johnson Controls.
  • The session will be moderated by Phil Clement, chief marketing officer, Johnson Controls.

Modern Electron, the Tulalip Tribes, and Qualco Energy Are Awarded Funding to Generate Hydrogen From Renewable Biogas for Clean Power with Negative Emissions

Retrieved on: 
Tuesday, April 26, 2022

The Qualco Energy renewable biogas project in Snohomish County leverages Modern Electrons cost-efficient and environmentally friendly method for producing clean hydrogen with no CO2 emissions.

Key Points: 
  • The Qualco Energy renewable biogas project in Snohomish County leverages Modern Electrons cost-efficient and environmentally friendly method for producing clean hydrogen with no CO2 emissions.
  • The clean hydrogen produced by Modern Electron will be utilized for power generation that delivers electricity to a local community of 300 homes.
  • Qualco Energy, a partnership of the Tulalip Tribes, Northwest Chinook Recovery and the Werkhoven Dairy, will deploy Modern Electrons novel natural gas pyrolysis technology to produce clean hydrogen.
  • Using renewable biogas as the methane feedstock, Modern Electrons technology delivers hydrogen and high value carbon credits from verifiable carbon sequestration.

Sylvera: US corporations are ahead of the UK in creating net zero strategies

Retrieved on: 
Thursday, April 21, 2022

LONDON, April 21, 2022  /PRNewswire/ -- A new survey of Environmental, Social, and Governance (ESG) decision makers in the US and UK, commissioned by carbon credits ratings provider, Sylvera, has found that large US corporations are ahead of large UK corporations when it comes to creating their net zero strategies.

Key Points: 
  • Over three quarters (78%) of US ESG decision makers surveyed said their company has a net zero transition strategy already in place, whereas only just over half (55%) of UK ESG decision makers said the same.
  • The survey also discovered that US ESG decision makers are more clued up on Voluntary Carbon Markets (VCMs) - which can be a vital part of net zero strategies to offset emissions that can't be reduced - than UK ESG decision makers.
  • 50% of those surveyed in the US claim to have expert level knowledge as opposed to only 26% of those surveyed in the UK.
  • The general perception is that European markets are further ahead, however, the survey data indicates that US counterparts are more advanced in building their strategies than UK corporations.

Sylvera: US corporations are ahead of the UK in creating net zero strategies

Retrieved on: 
Thursday, April 21, 2022

LONDON , April 21, 2022  /PRNewswire/ -- A new survey of Environmental, Social, and Governance (ESG) decision makers in the US and UK, commissioned by carbon credits ratings provider, Sylvera, has found that large US corporations are ahead of large UK corporations when it comes to creating their net zero strategies.

Key Points: 
  • Over three quarters (78%) of US ESG decision makers surveyed said their company has a net zero transition strategy already in place, whereas only just over half (55%) of UK ESG decision makers said the same.
  • The survey also discovered that US ESG decision makers are more clued up on Voluntary Carbon Markets (VCMs) - which can be a vital part of net zero strategies to offset emissions that can't be reduced - than UK ESG decision makers.
  • 50% of those surveyed in the US claim to have expert level knowledge as opposed to only 26% of those surveyed in the UK.
  • The general perception is that European markets are further ahead, however, the survey data indicates that US counterparts are more advanced in building their strategies than UK corporations.