Resource economics

Brambles Becomes a Carbon Neutral Operations Company

Retrieved on: 
Wednesday, June 23, 2021
Environment, Transport, Utilities, Alternative energy, Energy, Logistics, Supply chain management, Supply chain management, Retail, Science, Other Science, Articles, Resource economics, Energy, Greenhouse gas emissions, Renewable energy, Energy economics, Climate change policy, Carbon dioxide, Carbon neutrality, Low-carbon economy, Supply chain

As part of this objective, Brambles is pleased to announce it has become carbon neutral in all operations.

Key Points: 
  • As part of this objective, Brambles is pleased to announce it has become carbon neutral in all operations.
  • Becoming carbon neutral in scopes 1 and 2 is the first step toward the ambitious and more challenging decarbonization of Brambles entire supply chain, which would involve also the emissions generated by subcontractors operations (scope 3).
  • To do so, the company will set a science-based Target1 for emissions in its direct control and supply chain.
  • The real challenge lies ahead of us in advocating for our customers and suppliers to become carbon neutral in their operations, too.

Polystyvert announces new round of financing to facilitate the development of a polystyrene recycling full-scale plant

Retrieved on: 
Wednesday, June 23, 2021
Articles, Energy, Resource economics, Insulators, Polystyrene, Thermoplastics, Recycling, Low-carbon economy

MONTREAL, June 23, 2021 /PRNewswire/ -- Polystyvert, an innovative company leading the way in polystyrene (PS) recycling with a novel dissolution-based technology, announces the closing of a funding round to facilitate the development of a full-scale polystyrene recycling plant.

Key Points: 
  • MONTREAL, June 23, 2021 /PRNewswire/ -- Polystyvert, an innovative company leading the way in polystyrene (PS) recycling with a novel dissolution-based technology, announces the closing of a funding round to facilitate the development of a full-scale polystyrene recycling plant.
  • Existing investors Anges Quebec, Anges Quebec Capital, Cycle Capital and Quadriam also participated in the round.
  • Founded in 2011, Polystyvert is a Montreal-based clean technology startup that has developed an innovative, low-carbon-footprint process to recycle polystyrene based on a dissolution technology.
  • Polystyvert's technology offers a great opportunity to reduce the consumption of fossil fuels used in the production of new polystyrene and reduce GHG emissions.

Vicinity Energy Moves Closer Toward Net Zero Carbon Goal in Baltimore with Shift to 100% Carbon-Free Electricity

Retrieved on: 
Tuesday, June 22, 2021
Energy, Articles, Energy economics, Resource economics, Emissions reduction, Environmental impact of the energy industry, Climate change policy, Greenhouse gas emissions, Sustainable energy, Carbon neutrality, Low-carbon economy

Vicinity has entered into an agreement with Constellation , a leading competitive energy provider, to purchase Emission-Free Energy Certificates (EFECs) to match 100% of its annual Baltimore electricity use starting this year.

Key Points: 
  • Vicinity has entered into an agreement with Constellation , a leading competitive energy provider, to purchase Emission-Free Energy Certificates (EFECs) to match 100% of its annual Baltimore electricity use starting this year.
  • Vicinity Energy centrally produces and distributes steam, hot water, and chilled water to over 30 million square feet of building space in Baltimore.
  • Simply put, we can now purchase electricity generated without fossil fuels to run our Baltimore operations, said Bill DiCroce, president and CEO of Vicinity Energy.
  • With the recent launch of the companys Clean Energy Future roadmap, Vicinity has committed to reaching net zero carbon emissions across all operations by 2050.

Unitil Commits to Net-Zero Emissions Goal by 2050

Retrieved on: 
Monday, June 21, 2021
Energy, Articles, Resource economics, Energy economics, Carbon dioxide, Carbon neutrality, Renewable energy, Low-carbon economy, Mandatory renewable energy target, Climate Change Committee

HAMPTON, N.H., June 21, 2021 (GLOBE NEWSWIRE) -- Unitil Corporation (the Company) (NYSE: UTL) ( unitil.com ) today announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050.

Key Points: 
  • HAMPTON, N.H., June 21, 2021 (GLOBE NEWSWIRE) -- Unitil Corporation (the Company) (NYSE: UTL) ( unitil.com ) today announced its commitment to reduce company-wide direct greenhouse gas emissions from 2019 levels by at least 50 percent by 2030, and to net-zero emissions by 2050.
  • With these ambitious goals established for 2030 and 2050, the Company will reduce greenhouse gas emissions from its buildings, vehicles and pipelines, while continuing to provide safe and reliable service for its customers.
  • In addition, Unitil will continue to work with customers, policymakers and industry leaders to reduce emissions from the energy supply delivered to customers.
  • Through our commitment and pathway to net-zero emissions by 2050, we will support the transition to a net-zero carbon economy.

Schlumberger Announces Commitment to Net Zero by 2050

Retrieved on: 
Tuesday, June 22, 2021
Data management, Environment, Technology, Oil, Gas, Alternative energy, Energy, Software, Energy, Resource economics, Articles, Schlumberger, Olivier Le Peuch, Low-carbon economy, Climate change policy, Emissions reduction

Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050.

Key Points: 
  • Schlumberger announced today its commitment to achieve net-zero greenhouse gas (GHG) emissions by 2050.
  • Guided by climate science, Schlumberger has spent 18 months conducting extensive analysis and working with experts to produce a decarbonization plan.
  • In this context, Schlumberger is working with the Science-Based Target initiative for formal external validation of its 2030 target.
  • This reinforces our commitment to unlocking access to energy, for the benefit of all, said Olivier Le Peuch, chief executive officer, Schlumberger.

Con Edison Sustainability Report: Clean Energy, Climate Resiliency Key to Building Lasting Value

Retrieved on: 
Friday, June 18, 2021
Energy economics, Consolidated Edison, Thomas Edison, Energy, Sustainable energy, Articles, Resource economics

Over the past year, Con Edison made progress toward fulfilling its Clean Energy Commitment , and detailed its plans for ensuring its energy-delivery systems remain resilient in the face of climate change.

Key Points: 
  • Over the past year, Con Edison made progress toward fulfilling its Clean Energy Commitment , and detailed its plans for ensuring its energy-delivery systems remain resilient in the face of climate change.
  • "Con Edison's future will be built around clean energy, a diverse and inclusive workforce, and sustainable communities that will thrive in the decades ahead."
  • The transition toward clean energy is unfolding against a backdrop of intensifying climate change that poses new risks for energy-system operators.
  • The Sustainability Report underscores the huge opportunities for Con Edison and its customers as the country moves to decarbonize its energy sector.

Rapid job growth in Canada’s clean energy sector set to outpace losses in fossil fuels: report

Retrieved on: 
Thursday, June 17, 2021
Articles, Energy, Energy economics, Resource economics, Emissions reduction, Climate change policy, Energy policy, Environmental impact of the energy industry, Sustainable energy, Fossil fuel, Low-carbon economy, Fossil fuel phase-out

In terms of raw numbers, the 208,700 new clean energy jobs added by 2030 far exceed the 125,800 lost in fossil fuels.

Key Points: 
  • In terms of raw numbers, the 208,700 new clean energy jobs added by 2030 far exceed the 125,800 lost in fossil fuels.
  • Canadas clean energy sector is made up of companies and jobs that help reduce carbon pollution, whether by generating clean energy, helping move it, reducing energy consumption, or making low-carbon technologies.
  • As the report concludes, oil and gas may have dominated Canadas energy past, but its Canadas clean energy sector that will define its new reality.
  • Clean energy jobs are set to grow almost 50%, while jobs in fossil fuels are on track to drop 9%, representing 208,700 additional jobs in clean energy and 125,800 fewer jobs in fossil fuels.

Certarus Is Leading the Energy Transition in Northern Ontario With Multiple Long-Term Contracts as Customers Seek to Reduce Carbon Emissions

Retrieved on: 
Tuesday, June 15, 2021
Energy, Articles, Resource economics, Energy policy, Energy economics, Renewable energy commercialization, Emissions reduction, Low-carbon economy, Energy transition, Energy policy of the United Kingdom, Energiewende

"Our ability to safely and reliably deliver low carbon energy wherever our customers need it places us in a unique position to accelerate the energy transition.

Key Points: 
  • "Our ability to safely and reliably deliver low carbon energy wherever our customers need it places us in a unique position to accelerate the energy transition.
  • Lack of pipeline access has historically left remote operators with few options that resulted in higher energy costs and emissions.
  • Our mobile energy distribution capability offers our customers a clean and cost-effective solution that can scale up with demand to provide energy security and price predictability," said Curtis Philippon, CEO & President, Certarus.
  • By displacing more carbon intensive fuels, Certarus is leading the energy transition and helping customers lower operating costs and improve environmental performance.

Origin Materials and Palantir Technologies Form Alliance to Accelerate the World’s Transition to Net Zero Carbon

Retrieved on: 
Tuesday, June 15, 2021
Data management, Chemicals, Plastics, Technology, Manufacturing, Alternative energy, Energy, Software, Articles, Information technology, Resource economics, Criminal investigation, Palantir Technologies, Palantir, Low-carbon economy, Origin Materials, Palantir Technologies, ORIGIN MATERIALS, PALANTIR TECHNOLOGIES

Origin Materials (Origin Materials or Origin), the worlds leading carbon negative materials company, and Palantir Technologies Inc. (Palantir) (NYSE: PLTR) today announced the formation of a strategic alliance to accelerate the worlds transition to net zero carbon.

Key Points: 
  • Origin Materials (Origin Materials or Origin), the worlds leading carbon negative materials company, and Palantir Technologies Inc. (Palantir) (NYSE: PLTR) today announced the formation of a strategic alliance to accelerate the worlds transition to net zero carbon.
  • We are deeply energized by Origins meaningful progress against the worlds net zero ambition, said Shyam Sankar, Chief Operating Officer of Palantir Technologies.
  • As part of this new strategic alliance to decarbonize the worlds global supply chain, Origin Materials will also become a new Palantir customer.
  • Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company.

Highlights - ENVI delegation to the IMO MEPC 76 session - Committee on the Environment, Public Health and Food Safety

Retrieved on: 
Thursday, June 10, 2021
Resource economics, Articles, Envi, Low-carbon economy, International Maritime Organization, Middle East Policy Council, Natural Resources

An official ENVI delegation will actively participate in the 76th session of the International Maritime Organization - Marine Environment Protection Committee (MEPC), from 10 to 17 June 2021.

Key Points: 

An official ENVI delegation will actively participate in the 76th session of the International Maritime Organization - Marine Environment Protection Committee (MEPC), from 10 to 17 June 2021.
The main focus of this session will be the decarbonisation of the maritime sector; more ambitious global measures are needed to achieve that objective.