Biogeochemical cycle

Twelve, Formerly Opus 12, Secures $57 Million in Series A Funding Led by Capricorn and Carbon Direct

Retrieved on: 
Thursday, July 8, 2021

Carbon transformation startup Twelve has raised $57 million in Series A funding from lead investors Capricorn Technology Impact Fund and Carbon Direct Capital Management .

Key Points: 
  • Carbon transformation startup Twelve has raised $57 million in Series A funding from lead investors Capricorn Technology Impact Fund and Carbon Direct Capital Management .
  • Replacing fossil feedstocks with CO2 in Twelves target applications could address nearly 10 percent of global carbon emissions.
  • Carbon is not the enemy; the problem is that using carbon from fossil fuels is causing global warming.
  • We call it carbon transformation, and it fundamentally changes how we can address climate change, reduce emissions and reverse the carbon imbalance.

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

Retrieved on: 
Friday, June 11, 2021

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.

PRI Launches "Electricity Reality Report" Website to Make Case for Increased Energy Competition to Lower Costs, Increase Innovation, Better Address Climate Change

Retrieved on: 
Wednesday, June 2, 2021

Competition will bring more affordable service and help us better address climate change."

Key Points: 
  • Competition will bring more affordable service and help us better address climate change."
  • Based on recent history, choice will bring about climate solutions and lower emissions more quickly and innovatively than power monopolies.
  • Competition will bring a stronger, more innovative power grid, facilitating smart investments in infrastructure, conservation, battery storage and demand response.
  • The Pacific Research Institute ( www.pacificresearch.org ) champions freedom, opportunity, and personal responsibility by advancing free-market policy ideas.Follow PRI on Facebook , Twitter , and LinkedIn .

DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace

Retrieved on: 
Thursday, May 20, 2021

CIX will build on collective action by global governments, corporates and individuals to achieve a net-zero economy.

Key Points: 
  • CIX will build on collective action by global governments, corporates and individuals to achieve a net-zero economy.
  • "\nCIX will offer distinct platforms and products that cater to the needs of different buyers and sellers of carbon credits.
  • These include the Exchange and the Project Marketplace, which are expected to be launched by end 2021.
  • Climate action is a key priority for us and we support internationally accepted carbon mitigation hierarchies.

DBS, SGX, Standard Chartered and Temasek to take climate action through global carbon exchange and marketplace

Retrieved on: 
Thursday, May 20, 2021

CIX will build on collective action by global governments, corporates and individuals to achieve a net-zero economy.

Key Points: 
  • CIX will build on collective action by global governments, corporates and individuals to achieve a net-zero economy.
  • "\nCIX will offer distinct platforms and products that cater to the needs of different buyers and sellers of carbon credits.
  • These include the Exchange and the Project Marketplace, which are expected to be launched by end 2021.
  • Climate action is a key priority for us and we support internationally accepted carbon mitigation hierarchies.

Star Refrigeration participate at the Cold Chain industry's first Climate Change Week event

Retrieved on: 
Saturday, May 15, 2021

b"GLASGOW, United Kingdom, May 15, 2021 /PRNewswire-PRWeb/ --Star Refrigeration has been named as a main event partner of Climate Change Week, a free online event organised by the Cold Chain Federation, the voice of the UK's temperature-controlled logistics industry.\nThe two day event entitled Cold Chain & Climate Change Finding Pragmatic Solutions, will take place online on 18th- 19th May 2021.

Key Points: 
  • b"GLASGOW, United Kingdom, May 15, 2021 /PRNewswire-PRWeb/ --Star Refrigeration has been named as a main event partner of Climate Change Week, a free online event organised by the Cold Chain Federation, the voice of the UK's temperature-controlled logistics industry.\nThe two day event entitled Cold Chain & Climate Change Finding Pragmatic Solutions, will take place online on 18th- 19th May 2021.
  • Ahead of the event, Dr Lamb, said ''It is estimated that the Cold Chain is responsible for 2.5% of global greenhouse gas output and it is crucial that we find ways to reduce this.
  • Cold Chain Week is an important step in furthering the conversation on the role the cold chain has in tackling climate change.
  • It is great to be part of this event both as a guest speaker and event partner.

Collaboration with South Pole to Generate and Sell Carbon Credits from Carbon Removal Technologies

Retrieved on: 
Wednesday, May 12, 2021

b'TOKYO, May 12, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce it has signed a collaboration agreement with one of the world\'s largest carbon credit developers, South Pole.

Key Points: 
  • b'TOKYO, May 12, 2021 - (JCN Newswire) - Mitsubishi Corporation (MC) is pleased to announce it has signed a collaboration agreement with one of the world\'s largest carbon credit developers, South Pole.
  • To leverage this potential, South Pole focuses on working with large companies to reduce their environmental footprint while making concrete impacts on removing CO2 from the atmosphere through direct development of climate action projects.
  • Founded in 2006, South Pole today has about 500 staff in 18 offices globally, and has developed about 1,000 projects responsible for removing, reducing or avoiding over 100 million tons of CO2e to date.
  • South Pole has worked with over 1,000 companies and organizations on their climate journeys.

dmg events Launches the Citizens Energy Congress to Accelerate Transition to a Low Carbon Energy Future

Retrieved on: 
Thursday, April 29, 2021

b'World-class congress to take place virtually from June 15-16.\nCongress will bring together a broad spectrum of stakeholders to map out a bold new approach to how energy is produced, distributed, and consumed.\nLONDON, April 29, 2021 /PRNewswire/ -- dmg events announced the launch of the Citizens Energy Congress, a unique energy industry event committed to resetting the energy agenda, post COVID-19, to drive the transition to a low carbon energy system that balances affordable energy access and climate change commitments.\nThe Citizens Energy Congress will be a virtual event taking place from June 15-16.

Key Points: 
  • b'World-class congress to take place virtually from June 15-16.\nCongress will bring together a broad spectrum of stakeholders to map out a bold new approach to how energy is produced, distributed, and consumed.\nLONDON, April 29, 2021 /PRNewswire/ -- dmg events announced the launch of the Citizens Energy Congress, a unique energy industry event committed to resetting the energy agenda, post COVID-19, to drive the transition to a low carbon energy system that balances affordable energy access and climate change commitments.\nThe Citizens Energy Congress will be a virtual event taking place from June 15-16.
  • At the two-day summit, attended by 40 world leaders, the world\'s leading economies either reaffirmed pledges, or committed to new targets, to reduce carbon emissions to address climate change.
  • The Citizens Energy Congress will look beyond these pledges and examine how these ambitions can be met.\nThe Citizens Energy Congress will address the challenging questions at the heart of the energy transition, recognising the multifaceted nature of the energy system.
  • "\nChristopher Hudson, President of Global Energy, dmg events, said: "The Citizens Energy Congress will provide a uniquely balanced and inclusive debate between a broad audience of stakeholders across the energy value chain.

Cavendish Advocacy: A Third Of The Public Think Efforts To Reduce Carbon Emissions Will Have A Negative Effect On Their Household Finances

Retrieved on: 
Thursday, April 29, 2021

However,a third of the public (33%) believe it will have a negative impact on their household finances.

Key Points: 
  • However,a third of the public (33%) believe it will have a negative impact on their household finances.
  • There is also a significant lack of awareness about keyelementsof the Government\'s sustainability push.\nThe public are open to the idea of adapting to combat climate change.
  • Intensive public engagement is the key that will unlock public hesitancy to makes changes that reduce our carbon emissions.
  • The sample base was:\n2,115 members of the public, weighted to be nationally representative of the UK population\n'

Merck Accelerates Climate Goals; Announces Carbon Neutrality in Operations by 2025

Retrieved on: 
Monday, April 26, 2021

Remaining Scope 1 emissions will be offset each year with a portfolio of high-quality carbon credits, including carbon removals.\n\xe2\x80\x9cGlobal efforts to combat climate change are essential to the health and sustainability of our planet,\xe2\x80\x9d said Robert Davis, president, Merck.

Key Points: 
  • Remaining Scope 1 emissions will be offset each year with a portfolio of high-quality carbon credits, including carbon removals.\n\xe2\x80\x9cGlobal efforts to combat climate change are essential to the health and sustainability of our planet,\xe2\x80\x9d said Robert Davis, president, Merck.
  • Merck signed three new virtual power purchase agreements (VPPAs) for utility-scale energy projects based in Texas and Spain.
  • These projects will address approximately 35% of Merck\xe2\x80\x99s Scope 2 emissions by collectively adding 145 megawatts (MW) of solar and wind energy to the grid.
  • We demonstrate our commitment to patients and population health by increasing access to health care through far-reaching policies, programs and partnerships.