Greenhouse gas emissions

Braskem Affirms Commitment to Circular Economy and to Achieve Carbon Neutrality by 2050

Retrieved on: 
Tuesday, November 10, 2020

By 2050, achieve carbon neutrality for Braskem's global operations.

Key Points: 
  • By 2050, achieve carbon neutrality for Braskem's global operations.
  • Roberto Simoes, Braskem CEO, states, "Braskem has a long history of taking action to create a more sustainable world.
  • Braskem intends to continue its leadership as the industry transitions to a carbon neutral circular economy.
  • Braskem's strategy to achieve carbon neutrality focuses on three pillars of Reducing emissions, Offsetting emissions and Capturing emissions.

FirstEnergy Pledges to Achieve Carbon Neutrality by 2050

Retrieved on: 
Monday, November 9, 2020

AKRON, Ohio, Nov. 9, 2020 /PRNewswire/ -- Aligned with its mission to help build a brighter and more sustainable future for the communities it serves, FirstEnergy Corp (NYSE:FE) today announced a pledge to achieve carbon neutrality by 2050.

Key Points: 
  • AKRON, Ohio, Nov. 9, 2020 /PRNewswire/ -- Aligned with its mission to help build a brighter and more sustainable future for the communities it serves, FirstEnergy Corp (NYSE:FE) today announced a pledge to achieve carbon neutrality by 2050.
  • "We will help address this challenge by building a more climate-resilient energy system and supporting the transition to a carbon-neutral economy.
  • Our ambitious new carbon goal and comprehensive climate strategy are fully aligned with our regulated business strategy and support our commitments to our customers, communities and investors, as well as environmental stewardship."
  • In 2015, FirstEnergy announced plans to achieve a 90% reduction in carbon dioxide (CO2) emissions from 2005 levels by 2045.

Government of Canada working with provinces to reduce methane emissions from oil and gas operations

Retrieved on: 
Thursday, November 5, 2020

Reducing methane pollution from the oil and gas sector is an essential pillar of Canada's climate plan.

Key Points: 
  • Reducing methane pollution from the oil and gas sector is an essential pillar of Canada's climate plan.
  • Canada recently launched the $750million Emissions Reduction Fund, in part, to achieve methane reductions above and beyond those prescribed in the federal regulations.
  • The Government of Canada remains committed to reducing methane emissions from the oil and gas sector by 40 to 45percent below 2012 levels, by 2025.
  • I am pleased the federal government has reached equivalency agreements with Alberta, British Columbia, and Saskatchewan to reduce methane emissions from their oil and gas sectors.

Government of Canada working with provinces to reduce methane emissions from oil and gas operations

Retrieved on: 
Thursday, November 5, 2020

Reducing methane pollution from the oil and gas sector is an essential pillar of Canada's climate plan.

Key Points: 
  • Reducing methane pollution from the oil and gas sector is an essential pillar of Canada's climate plan.
  • Canada recently launched the $750million Emissions Reduction Fund, in part, to achieve methane reductions above and beyond those prescribed in the federal regulations.
  • The Government of Canada remains committed to reducing methane emissions from the oil and gas sector by 40 to 45percent below 2012 levels, by 2025.
  • I am pleased the federal government has reached equivalency agreements with Alberta, British Columbia, and Saskatchewan to reduce methane emissions from their oil and gas sectors.

Material Bank Announces 100% Carbon Neutral Shipping

Retrieved on: 
Tuesday, November 3, 2020

NEW YORK, Nov. 3, 2020 /PRNewswire/ -- Material Bank today announced that every Material Bank sample order ships 100% carbon neutral.

Key Points: 
  • NEW YORK, Nov. 3, 2020 /PRNewswire/ -- Material Bank today announced that every Material Bank sample order ships 100% carbon neutral.
  • Effective immediately, Material Bank will purchase carbon credits to offset the carbon emissions directly related to the shipment of samples.
  • By committing to carbon neutral shipping, Material Bank, the world's largest material marketplace, furthers its already significant sustainability contributions to the architecture, design and construction industries.
  • "Prioritizing sustainability is at the foundation of Material Bank, starting with sample aggregation and reclamation," said Adam I. Sandow, Founder & Chairman, Material Bank.

Global emissions now down by 7%

Retrieved on: 
Tuesday, November 3, 2020

Corresponding expected drops in global emissions of around 7% are the biggest in history but, as Dr. Birol reported, this is not necessarily good news.

Key Points: 
  • Corresponding expected drops in global emissions of around 7% are the biggest in history but, as Dr. Birol reported, this is not necessarily good news.
  • "This decline (in emissions) is not happening because of the right energy policies or new technologies," stated Dr. Birol, "this is happening because of the economic meltdown around the world.
  • Low economic growth is not a low emission strategy and if governments do not take the right measures to push emissions down, as the global economy recovers, emissions will return to previous levels," added Dr. Birol.
  • LPG is an important and immediate solution to this problem, which not only improves air quality but also lowers global carbon emissions, stops increasing deforestation and improves the lives of women and children.

Global emissions now down by 7%

Retrieved on: 
Tuesday, November 3, 2020

Corresponding expected drops in global emissions of around 7% are the biggest in history but, as Dr. Birol reported, this is not necessarily good news.

Key Points: 
  • Corresponding expected drops in global emissions of around 7% are the biggest in history but, as Dr. Birol reported, this is not necessarily good news.
  • "This decline (in emissions) is not happening because of the right energy policies or new technologies," stated Dr. Birol, "this is happening because of the economic meltdown around the world.
  • Low economic growth is not a low emission strategy and if governments do not take the right measures to push emissions down, as the global economy recovers, emissions will return to previous levels," added Dr. Birol.
  • LPG is an important and immediate solution to this problem, which not only improves air quality but also lowers global carbon emissions, stops increasing deforestation and improves the lives of women and children.

Cardinal Energy Ltd. Announces Extension of Revolving Credit Facility

Retrieved on: 
Friday, October 30, 2020

CALGARY, Alberta, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) has received approval to extend the revolving period applicable to the Company's existing reserves-based credit facility to November 30, 2020.

Key Points: 
  • CALGARY, Alberta, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Cardinal Energy Ltd. ("Cardinal") (TSX: CJ) has received approval to extend the revolving period applicable to the Company's existing reserves-based credit facility to November 30, 2020.
  • The credit facility continues to be available, on a revolving basis, until that date.
  • As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint.
  • Cardinal is a Canadian oil focused company with operations focused on low decline light and medium quality oil in Western Canada.

World Fuel Services Corporation Publishes its Sustainability Report for 2019

Retrieved on: 
Wednesday, October 28, 2020

The report covers a broad range of actions and initiatives that demonstrate World Fuel Services Corporations commitment to create a more environmentally and socially sustainable world.

Key Points: 
  • The report covers a broad range of actions and initiatives that demonstrate World Fuel Services Corporations commitment to create a more environmentally and socially sustainable world.
  • The sustainability report includes World Fuel Services Corporations carbon footprint, reflecting the companys global scope 1 and scope 2 greenhouse gas (GHG) emissions for 2019, totaling approximately 60,000 metric tons of CO2 emissions.
  • World Fuel Services Corporation is focused on making additional enhancements to its processes and technologies with the aim of further improving efficiencies and decarbonizing its operations over the long-term to achieve its sustainability goals.
  • World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.

University of British Columbia's energy-efficiency initiative receives a boost through the Low Carbon Economy Fund

Retrieved on: 
Tuesday, October 27, 2020

Minister Wilkinson congratulated and recognized the University of British Columbia's shared commitment to achieving net-zero emissions by 2050 through climate-action initiatives such as its District Waste Heat Recovery Project, which received approximately $974,000 in funding from the Low Carbon Economy Fund.

Key Points: 
  • Minister Wilkinson congratulated and recognized the University of British Columbia's shared commitment to achieving net-zero emissions by 2050 through climate-action initiatives such as its District Waste Heat Recovery Project, which received approximately $974,000 in funding from the Low Carbon Economy Fund.
  • This initiative will install heat-recovery systems that will reduce the University's reliance on natural gas.
  • This funding builds on a 2019 investment of $7.6million under the Low Carbon Economy Challenge's Champions stream to support the University's biomass-expansion project, which increases its renewable-energy capacity.
  • The Low Carbon Economy Fund is supporting energy-efficiency projects in provinces and territories across Canada, which will help Canadians and businesses save money by lowering energy bills.