Climate change mitigation

Where Americans Stand On Climate Change As World Leaders Discuss A Way Forward At The G7 Summit

Monday, June 14, 2021 - 9:12pm

World leaders met at the G7 summit in Cornwall, England from June 11-13, 2021.

Key Points: 
  • World leaders met at the G7 summit in Cornwall, England from June 11-13, 2021.
  • World leaders at the G7 Summit pledged a commitment to cut carbon emissions in half by 2030 and reach net-zero carbon emissions by 2050.
  • These pledges are anticipated to impact the direction of climate change policy measures of the world's largest economies.
  • Americans were asked how much the United States is doing to combat climate change as a country.

NEC upgrades its greenhouse gas reduction target to SBT1.5degC and joins RE100, a global renewable electricity initiative

Friday, June 11, 2021 - 3:02am

In order to accelerate climate change measures, NEC upgraded its greenhouse gas reduction target from the previous 33% reduction from the baseline emission in FY2017 to a 55% reduction by FY2030.

Key Points: 
  • In order to accelerate climate change measures, NEC upgraded its greenhouse gas reduction target from the previous 33% reduction from the baseline emission in FY2017 to a 55% reduction by FY2030.
  • This revised target was validated by the Science Based Targets initiative (SBTi)(2) as being consistent with reductions required to keep global warming to 1.5degC.
  • The target is one of the "materialities," priority management themes from an ESG perspective, outlined in NEC's Mid-term Management Plan 2025.
  • A collaborative global initiative of influential businesses committed to 100% renewable electricity.

Blue Ocean Barns Closes Funding Round for Production of Methane-Cutting Seaweed

Thursday, June 10, 2021 - 3:06pm

The funding round, led by Valor Siren Ventures , will support a significant expansion of Blue Ocean Barns farming operations as it readies for commercial sale of its seaweed-based cattle supplement.

Key Points: 
  • The funding round, led by Valor Siren Ventures , will support a significant expansion of Blue Ocean Barns farming operations as it readies for commercial sale of its seaweed-based cattle supplement.
  • This week, Blue Ocean Barns signed a lease for 10 additional acres of growing space near its existing operations on the Big Island of Hawaii.
  • Blue Ocean Barns is driven by our mission to mitigate climate change by slashing cattle methane emissions by more than 80%, said Joan Salwen, co-founder and CEO of Blue Ocean Barns.
  • Blue Ocean Barns is the first U.S. licensee for FutureFeed, the global IP holder for the technology of feeding the red seaweed Asparagopsis to cattle.

Data center operator DEAC is implementing "green business" concept and switched to 100% renewable energy sources.

Thursday, June 10, 2021 - 2:00pm

Increasing demand of data center, especially cloud, solutions result in high consumption of energy in data centers that has negative impact on climate.

Key Points: 
  • Increasing demand of data center, especially cloud, solutions result in high consumption of energy in data centers that has negative impact on climate.
  • As electricity from fossil fuels is directly related to carbon emissions, DEAC switched to renewable energy to minimize negative impact on the environment.
  • Using 100% renewable energy resources, DEAC, as a socially responsible operator of data centers, contributes to environmentally friendly and sustainable development of the business", - comments Andris Gailitis, DEAC Chairman of the Board.
  • Companies can implement their "green business" concept together with the data center operator DEAC, choosing it as an ICT service provider.

Wellington Management and Woodwell Climate Research Center launch P-ROCC 2.0 Encouraging Companies to Disclose the Physical Location of Assets and Operations to Help Investors Better Assess Climate Risks

Thursday, June 10, 2021 - 1:00pm

P-ROCC 2.0 introduces the addition of disclosing the location of physical assets associated with company operations, a crucial step to better integrate climate considerations into investment decision-making processes.

Key Points: 
  • P-ROCC 2.0 introduces the addition of disclosing the location of physical assets associated with company operations, a crucial step to better integrate climate considerations into investment decision-making processes.
  • This relatively simple, yet all-too-often absent or incomplete information, will provide investors and other stakeholders with greater understanding of a companys climate risks.
  • Progress on this front will also help address existing and pending regulatory expectations, and, ultimately, assist with resilience planning associated with climate change.
  • About Woodwell Climate Research Center:
    Woodwell Climate Research Center is an organization of renowned researchers who work with a worldwide network of partners to understand and combat climate change.

Data center operator DEAC is implementing "green business" concept and switched to 100% renewable energy sources.

Thursday, June 10, 2021 - 9:00am

Increasing demand of data center, especially cloud, solutions result in high consumption of energy in data centers that has negative impact on climate.

Key Points: 
  • Increasing demand of data center, especially cloud, solutions result in high consumption of energy in data centers that has negative impact on climate.
  • As electricity from fossil fuels is directly related to carbon emissions, DEAC switched to renewable energy to minimize negative impact on the environment.
  • Using 100% renewable energy resources, DEAC, as a socially responsible operator of data centers, contributes to environmentally friendly and sustainable development of the business", - comments Andris Gailitis, DEAC Chairman of the Board.
  • Companies can implement their "green business" concept together with the data center operator DEAC, choosing it as an ICT service provider.

No major G7 stock index aligned with Paris climate goals

Thursday, June 10, 2021 - 12:01am

No major G7 stock indexes are currently on a 2C pathway, much less the 1.5C that is so urgently needed.

Key Points: 
  • No major G7 stock indexes are currently on a 2C pathway, much less the 1.5C that is so urgently needed.
  • SBTi identifies four key levers that governments, investors and businesses can use to unlock breakthrough climate action through science-based targets.
  • G7 ministers responsible for climate and environment recently urged businesses and investors to align their portfolios with the Paris Agreement goals and set science-based net zero targets by 2050 at the latest.
  • 1 - The temperature alignment of G7 stock indexes and percentage of Index company emissions covered by science-based targets.

Westinghouse And IAEA Partner On Climate Change

Wednesday, June 9, 2021 - 9:34pm

"I am grateful to Westinghouse Electric Company for becoming the first partner of Nuclear Saves.

Key Points: 
  • "I am grateful to Westinghouse Electric Company for becoming the first partner of Nuclear Saves.
  • Funding from Westinghouse will bolster our efforts in the area of climate change mitigation and clean energy.
  • "This partnership is another demonstration of our commitment to the fight against climate change, and an important step in deepening the relationship between Westinghouse and the IAEA," said Westinghouse President and Chief Executive Officer Patrick Fragman.
  • Nuclear power is the world's largest source of carbon-free energy and is critical to help reverse climate change trends and meet decarbonization deadlines established by the world's leading climate scientists.

Westinghouse And IAEA Partner On Climate Change

Wednesday, June 9, 2021 - 9:09pm

"I am grateful to Westinghouse Electric Company for becoming the first partner of Nuclear Saves.

Key Points: 
  • "I am grateful to Westinghouse Electric Company for becoming the first partner of Nuclear Saves.
  • Funding from Westinghouse will bolster our efforts in the area of climate change mitigation and clean energy.
  • "This partnership is another demonstration of our commitment to the fight against climate change, and an important step in deepening the relationship between Westinghouse and the IAEA," said Westinghouse President and Chief Executive Officer Patrick Fragman.
  • Nuclear power is the world's largest source of carbon-free energy and is critical to help reverse climate change trends and meet decarbonization deadlines established by the world's leading climate scientists.

Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

Wednesday, June 9, 2021 - 11:45am

The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.

Key Points: 
  • The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.
  • Collaboration between industry and government will be critical to progressing the Oil Sands Pathways to Net Zero vision and achieving Canadas climate goals.
  • We are pleased to be part of this collaborative effort committed to the critical measures needed to achieve net zero greenhouse gas emissions in the oil sands, said Derek Evans, President and Chief Executive Officer of MEG Energy.
  • All net-zero references in this announcement apply to emissions from oil sands operations (defined as scope 1 and scope 2 emissions).