Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Posts Tagged ‘carbon’

China going carbon neutral before 2060 would lower warming projections by around 0.2 to 0.3 degrees C

Posted by fidest press agency su sabato, 26 settembre 2020

If China were to achieve its announced goal of achieving carbon neutrality before 2060, it would lower global warming projections by around 0.2 to 0.3degC, the biggest single reduction ever estimated by the Climate Action Tracker.The announcement by President Xi Jinping at the UN General Assembly yesterday – that China will “aim to achieve carbon neutrality before 2060” – is a true milestone in international climate policy. It is the first time that China has acknowledged the need to reach zero CO2 emissions by mid-century. If China were to submit the carbon neutrality pledge as a commitment under the Paris Agreement, it would affect the CAT temperature estimate of the aggregated national “pledges and targets” by around 0.2 to 0.3degC – the biggest dip in the CAT’s warming projections since 2015 after the EU and China had submitted their first indicative targets to the Agreement.Assuming full implementation of the Paris Agreement “pledges and targets”, without the new China announcement, the CAT estimates global temperature increase will be 2.7degC by 2100. The Chinese announcement would lower the warming to around 2.4 to 2.5degC, closer to the 1.5degC warming limit of the Paris Agreement.“China’s critically important announcement comes at a time when the EU is also ramping up its climate action, aiming for a more ambitious 2030 target, and climate neutrality by 2050,” said Climate Analytics CEO Bill Hare. “If China and the EU – which together account for 33% of global GHG emissions – were both to officially submit these new steps to the Paris Agreement, this would create the much-needed positive momentum the world – and the climate – needs.” With both the EU and China’s commitments, this brings the number countries with similar carbon or climate neutrality announcements to a total of 126, together responsible for around 51% of global emissions, with China contributing 25%. The CAT noted that the goal of “before 2060” was not soon enough to keep warming to 1.5degC, where global CO2 needs to be at net-zero by 2050 (IPCC special report on 1.5degC).China’s short-term emissions trajectory towards carbon neutrality is also important. The CAT’s latest analysis of the nation’s climate action shows that it is already set to overachieve its 2030 target. China has significant room to update its 2030 target and submit it to the Paris Agreement. In a briefing being released today, the CAT has analysed the post COVID-19 economic recovery packages of five countries, including China. “It’s clear that China needs to re-examine its economic recovery and aim it at more low-carbon projects if it wants to reach the carbon neutrality goal before 2060,” said Höhne.

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A unique chance to steer the economy away from carbon

Posted by fidest press agency su lunedì, 25 Maggio 2020

The Economist this week calls for a global effort to tackle climate change. Covid-19 creates a unique chance to steer the economy away from carbon at a much lower financial, social and political cost than before. Rock-bottom energy prices make it easier to cut subsidies for fossil fuels and to introduce a tax on carbon. The revenues from that tax can help repair battered government finances. The businesses at the heart of the fossil-fuel economy—oil and gas firms, steel producers, carmakers—are already going through the agony of shrinking their long-term capacity and employment. Getting economies back on their feet calls for investment in climate-friendly infrastructure that boosts growth and creates new jobs. Low interest rates make the bill smaller than ever. The world should seize the moment. (by Zanny Minton Beddoes, Editor-In-Chief – font: The Economist)

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Pricing Carbon: The Silver Bullet for the Energy Transition?

Posted by fidest press agency su sabato, 2 novembre 2019

Brugge (Belgium) 18.11.2019 09.45 – 16.00 Verversdijk 16 the IBERDROLA Manuel Marín Chair for European Energy Policy of the Department of Political and Governance Studies (College of Europe) and the Climate Economics Chair (CEC, Université Paris Dauphine, on invitation of the European Economic Studies Department of the College of Europe) will jointly organise a conference entitled “Pricing Carbon: The Silver Bullet for the Energy Transition?”. The conference will be introduced by Prof. Dr. Béatrice DUMONT (Head of the Department of European Economic Studies at the College of Europe), Prof. Dr. Dirk BUSCHLE (Chairholder of the IBERDROLA Manuel Marín Chair for European Energy Policy) and Prof. Dr. Marc BAUDRY (Senior Research Fellow at the CEC and Head of the Economics Department at Université Paris Nanterre).

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Carbon-Neutral and Secure Energy Future

Posted by fidest press agency su lunedì, 26 agosto 2019

The United Nations Climate Change Agreement and movements such as Fridays for Future are putting pressure on politicians, companies and research institutions to develop sustainable energy solutions. For the past 25 years, INNIO, a pioneer in combined heat and power, and the LEC in Graz have been researching and developing visionary technologies for sustainable power generation and the transport industry. The combustion of so-called e-fuels, i.e. regenerative fuels like hydrogen and hydrogen carrier gases such as synthetic natural gas, methanol or ammonia, is being tested or further optimized. The aims of the research are to develop technologies capable of making drastic carbon dioxide (CO2) reductions and to build gas engines that are virtually emissions free.
As part of the COMET-K1 research program, the State of Tyrol is providing €2.4 million in funding for technology development including the areas of sustainable power generation and transportation systems. “By subsidizing this research cooperation, we are further advancing our goal of freeing Tyrol from its dependence on fossil fuels by 2050. We are also better positioning ourselves as an attractive business and science location as well as an international partner for research, development and innovation,” said Patrizia Zoller-Frischauf, Tyrolean Minister of Economic Affairs, at a technology forum held today at INNIO’s corporate headquarters in Jenbach.“We are already using regenerative fuels such as hydrogen in our Jenbacher gas engines. In cooperation with the LEC, we are further developing this technology and plan to demonstrate by 2021 that a Jenbacher gas engine can run on up to 100% hydrogen or methanol,” underscored Carlos Lange, President & CEO of INNIO. “INNIO will continue to make significant investments in research and development and will further expand its technological leadership in power generation based on regenerative gases. In specific, hydrogen and hydrogen carrier gases produced from surplus energy such as wind or solar power, which are storable for a longer period of time.”

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Braidy Industries Secures Partnership for America’s First Low- Carbon, High Value Aluminum Mill

Posted by fidest press agency su mercoledì, 17 aprile 2019

Braidy Industries, Inc. (“Braidy”) and London Stock Exchange listed En+ Group plc, announced the execution of a Letter of Intent (“LOI”) specifying basic terms for a potential $200 million lead investment for its Braidy Atlas mill by En+ Group subsidiary, United Company RUSAL plc (“Rusal”).Rusal is the world’s largest producer of aluminum outside of China and historically, has been the U.S.’ number two non-domestic supplier of prime aluminum. The LOI becomes binding subject to the final approval by the respective boards of both companies. In exchange for its investment, Rusal will obtain a 40% share in the project. Rusal will serve as Braidy’s exclusive supplier of low-carbon aluminum, providing close to 2.0 million mtons over 10 years. This will be the world’s largest order for one mill of high-quality, pre-alloyed and low-carbon primary aluminum slabs. Braidy Atlas mill’s primary aluminum purchase has a market value of approximately $500 million per year.En+ Group Executive Chairman and respected climate action advocate, Lord Barker, will assume the role of co-chairman of the Braidy Atlas mill alongside Braidy Industries Chairman and CEO Craig Bouchard.This strategic partnership aims to create on an end-to-end basis, the first low-carbon impact industrial aluminum rolling mill operation in the world. Braidy Atlas mill will be the first North American company to contract Rusal’s premier ALLOW-branded (certified low-carbon) aluminum slabs and P1020 as its exclusive primary inputs. No U.S. domestic smelter currently delivers low-carbon primary aluminum slabs. Rusal is the sole primary aluminum producer globally that is capable of meeting Braidy’s quantity requirements and sustainability standards. This partnership will enable Braidy to become the first company to use 100% low-carbon inputs on a permanent ongoing basis.Chairman and CEO Craig Bouchard said, “In 2021, Braidy Atlas will make the largest order for primary aluminum rolling slab worldwide. This partnership assures that Braidy’s requirements will be met with the newest high-quality and low-carbon capacity. The bottom line is that without Rusal we could not build an environmentally-conscious mill of this scale. We enter the market with the perfect customer proposition – low cost, high quality and low carbon is the future of aluminum.” Jorge Vazquez, Founder and Managing Director of HARBOR Aluminum Intelligence, one of the world’s leading aluminum industry consultancies, said, “The 10-year supply contract between Braidy Atlas and Rusal represents the world’s largest low-carbon primary aluminum slab order for a single mill. The contract will enable Braidy Atlas to have a competitive advantage in terms of cost, quality and sustainability, while providing a market value of over $5 billion to Rusal.”

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Carbon Yield Fund Wins 2019 Kellogg-Morgan Stanley Sustainable Investing Challenge

Posted by fidest press agency su martedì, 16 aprile 2019

Morgan Stanley’s Institute for Sustainable Investing and Northwestern University’s Kellogg School of Management in the U.S. today announced that Carbon Yield Fund was named the winner of the 2019 Kellogg-Morgan Stanley Sustainable Investing Challenge. The team was one of 12 finalists competing in the Challenge at Morgan Stanley’s Hong Kong offices on Friday. The team proposed a solution to help reduce greenhouse gas emissions by increasing organic farming practices.The Carbon Yield Fund would provide loans to Midwestern farms in the United States that begin the organic certification process, then monetize emissions reductions associated with regenerative organic agriculture through an aggregated carbon offset program, documenting and marketing credits on behalf of the farmers. This additional revenue would help offset transition costs for farms and return capital to the fund’s investors.Now in its ninth year, the Kellogg-Morgan Stanley Sustainable Investing Challenge is an annual global competition designed to inspire future leaders to develop innovative financial vehicles to help address environmental, social and governance challenges. The 12 finalist teams were selected from 365 students, hailing from 50 countries. They represent 80 graduate schools and their projects targeted impact in 31 countries.The winning team consisted of Tom Fields, David Mallett, Claire Pluard and Sam Schiller from the United States.This year’s runner-up was the Grey to Green Fund, who proposed a solution to help reduce hotels’ water consumption throughout the United States. They designed a multi-asset fund that would act as a market aggregator for hotel greywater infrastructure.
The Challenge seeks to inspire the next generation of sustainable investing practitioners, connect emerging leaders with industry professionals, and foster greater emphasis on sustainable finance at graduate schools around the world. More information on this year’s finalists and winner can be found on Morgan Stanley’s website. You can also follow the conversation on social media with #SIChallenge.

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Carbon Welcomes New Production Partners in Europe

Posted by fidest press agency su giovedì, 15 novembre 2018

Carbon (www.carbon3d.com), a Silicon Valley-based digital 3D Manufacturing company, today announced the expansion of its network of production partners with the addition of Complete Fabrications, Erpro Group, Kurz, and Rapid Product Manufacturing (RPM) in Europe. The addition of four new European service bureaus is a testament to the growth of the market and rapid adoption of production-scale digital manufacturing globally. With the new international members and the recent addition of many new U.S. production partners, the Carbon Production Network (CPN) now has more than 35 global members. Carbon’s continued international expansion is part of the company’s strategy to build out its network of partners, enabling it to deliver on its mission to drive the digital transformation of the manufacturing industry across the globe. The company’s geographic expansion is also in line with IDC’s projections of 3D printing’s global market dynamics. 2018 spending is expected to grow by 19.9% from 2017, topping nearly US$12.0 billion, with the United States and Western Europe accounting for nearly two thirds of the market.
“Digital fabrication technology has evolved from the early days of conventional 3D printing of prototyping applications to full-scale digital manufacturing systems,” said Dana McCallum, Head of Production Partnerships at Carbon. “An important part of Carbon’s strategy is to empower manufacturers around the world with the many benefits of digital fabrication. By being part of the Carbon Production Network, our partners have a truly scalable, complete digital manufacturing platform that offers a faster process and creates high-quality, end-use parts with properties similar to injection molding.”The CPN is an elite ecosystem of the industry’s leading design firms and contract manufacturers who have implemented Carbon’s technology and demonstrated advanced capabilities in additive manufacturing, design, production, urethane casting, machining, and injection molding. It offers a true partnership model that focuses on hands-on advanced training and certification, production engineering, marketing, and sales to help ensure its partners’ continued success.
Founded in 2013, Carbon pioneered a revolutionary alternative to 3D printing, fusing light and oxygen to rapidly produce products from a pool of resin. Its novel approach combines connected, data-centric hardware with over-the-air software updates and innovative materials, enabling creators to design and produce previously unmakeable products, both economically and at mass scale. Carbon’s unique subscription-based model closely aligns it to its customers’ businesses – with regular over-the-air software updates, continuous education and training programs, and one-to-one customer service – to ensure optimal customer experiences and capabilities. This results in deep partnerships with customers, opening up new business models across a variety of industries, including automotive, consumer products, dental, and medical. The unprecedented adidas Futurecraft 4D and cutting-edge work with Vitamix are proven examples of the power of true digital 3D manufacturing today, creating unlimited possibilities for designing, engineering, making, and delivering truly innovative products.

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Greenpeace reacts to China’s climate plan to the UN

Posted by fidest press agency su mercoledì, 1 luglio 2015

BeijingParis/Beijing. China submitted a carbon intensity reduction targets of 60-65% by 2030, based on 2005 levels, to the UN as part of its climate plan (INDC). The announcement came as Chinese premier Li Keqiang was in Paris for an official visit to France – the presidency of this year’s climate summit.“China has only ever been in defence when it comes to climate change, but today’s announcement is the first step for its more active role. For success in Paris, however, all players – including China and the EU – need to up their game,” said Li Shuo, climate analyst for Greenpeace China.With China’s announcement, the world’s top polluters – China, the US and the EU – have now all tabled their climate plans ahead of the global climate conference taking place in Paris at the end of the year.
“Today’s pledge must be seen as only the starting point for much more ambitious action. It does not fully reflect the significant energy transition that is already taking place in China. Given the dramatic fall in coal consumption, robust renewable energy uptake, and the urgent need to address air pollution, we believe the country can go well beyond what it has proposed today,” added Li Shuo. China’s current carbon intensity target requires a reduction of CO2 emissions per unit of GDP by 40-45% by 2020, based on 2005 levels. Assuming China delivers 45% by 2020, a 65% and 60% carbon intensity reduction will mean 4.4% and 3.1% annual carbon intensity decrease respectively between 2020 and 2030. Achieving 45% carbon intensity reduction by 2020 would mean annual carbon intensity reduction of 3.9%.

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Stopping black carbon will not buy time for global warming action, new study shows

Posted by fidest press agency su mercoledì, 5 novembre 2014

black carbonClimate action efforts that focus on so-called “short-lived climate forcers” (SLCF) such as black carbon will do little to keep global warming below 2˚C in the long term, says a new study published today in the Proceedings of the National Academy of Sciences.The study, authored, amongst others, by three Climate Analytics scientists – Joeri Rogelj (lead author), Michiel Schaeffer and Bill Hare – shows that efforts to focus on cutting black carbon must go hand in hand with wider efforts to cut carbon dioxide emissions, or they’ll have little effect on global warming.Some governments have seized upon reducing black carbon as a way to fight climate change in the short term. The new study now puts important question marks next to the effectiveness of such action for limiting climate change in the long term.The new study has done what previous studies haven’t: it focused on the link between short-lived climate forcers like black carbon and long-lived forcer CO2. They are often released from common sources and are therefore intricately linked, for example black carbon is emitted alongside CO2 from a coal-fired power station, just as it is emitted from a diesel vehicle. For reasons of simplification, this linkage was often ignored by studies that carried out long-term projections of the climate effects of SLCF’s. But this turns out to be the crucial missing link in the understanding of what black carbon can contribute in the long term.“Reducing black carbon will clean up our air and reduce our impact on the climate in the next couple of decades, but we find that it cannot be a substitute for action to stop carbon dioxide emissions,” said Dr Joeri Rogelj, lead author of the paper.“It turns out that reducing black carbon cannot buy us time for putting in place stringent carbon dioxide emission reductions.” The authors found that while deep cuts in methane in the short term do hedge against exceeding important temperature thresholds, they only do this if linked with deep cuts in carbon dioxide emissions. The effects of methane and hydrofluorocarbons (HFC’s) are fairly robust across all scenarios, but in the long term, black carbon’s effects become vanishingly small. Consequently lumping these together would obscure many of these important differences.
From a climate perspective, Governments would be better to focus on comprehensive C02 mitigation policies that will lead to reductions in co-emitted pollutants like black carbon along the way. At the same time, the local health benefits of black carbon can still be a valid, yet entirely different, motivation for reducing black carbon in the near term. “A rapid phase out of carbon dioxide emissions, including eliminating unmitigated coal from our energy mix, remains the single biggest measure for early action on global warming, which would also reduce a large of air pollutants including black carbon”. This confirms – from a very different perspective – the key finding of a limited carbon budget in the just-published Synthesis Report by the Intergovernmental Panel on Climate Change,” said Dr Michiel Schaeffer.Reducing black carbon and sulfur dioxide from the atmosphere can be done in ways that don’t address carbon dioxide, such as cleaning up car exhausts, diesel engines, and changing fuel in cookstoves, but this would contribute little to the fight against global warming in the long term.“Efforts to clean up black carbon and other pollutants are all very well and good for their human health benefits, but if we don’t tackle the key gas, carbon dioxide, then we’re not going to solve the problem,” said another of the authors, Dr Bill Hare.

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Guidelines for Carbon Dioxide Capture

Posted by fidest press agency su venerdì, 19 novembre 2010

Building constructive relationships with host communities is crucial for the successful deployment of Carbon Capture and Storage (CCS), a clean energy technology that can help reduce carbon pollution, according to a new report by the World Resources Institute (WRI).
The report, CCS and Community Engagement: Guidelines for Community Engagement in Carbon Dioxide Capture, Transport and Storage Projects, outlines how project developers and operators can effectively engage local communities near a potential CCS site. The guidelines, which had input from over 90 contributors, are meant to strengthen the decision-making process so that community members, developers, and regulators are all represented during project planning and development and throughout a plant’s lifecycle. There are currently a few small-scale industrial operations capturing and storing carbon dioxide emissions around the world, but the technology has not yet been scaled to cut emissions in larger coal-fired power plants. Further testing of demonstration projects will be necessary to determine whether or not CCS is a viable solution to the climate change problem. The report presents a series of case studies, including examples of successful and unsuccessful community engagement strategies including four places in the United States—Wallula, Washington; Matoon, Illinois; Jamestown, New York; and Carson, California. There are also international cases in Barendrecht, Netherlands; and Nirranda, Victoria Australia. The case studies confirm that the decisions on individual demonstration projects ultimately hinge on site-specific factors, including the needs of the local community.
In Matoon, Illinois, for example, trust diminished when the U.S. Department of Energy made changes to the original FutureGen project seven years after the initial announcement. According to the case study, the revised project, renamed FutureGen 2.0, would retrofit an existing power plant with CCS technology across the state in Merodisia rather than building a state-of-the-art plant and research facility in Matoon. Recommendations in the report will be road-tested in real-life CCS demonstration projects, and the outcomes integrated into a more robust set of globally-applicable best practices for CCS projects. The report follows WRI’s Guidelines for Carbon Dioxide Capture, Transport and Storage, a set of technical guidelines published in 2008 for how to responsibly proceed with safe CCS projects.

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Electric Vehicles

Posted by fidest press agency su martedì, 6 ottobre 2009

London 13 October 2009, at 3:00 pm BST The global electric vehicles (EV) market is expected to revolutionise the automotive industry, ushering in a plethora of new technologies, innovative business models, and new entrants. Business fleets may well become a strong potential market for EVs as companies strive to reduce their carbon footprint and lower their operations costs.  By interviewing fleet managers and fleet drivers, this briefing will analyse the driving habits of fleets operating in six key business segments, including the Business Delivery and Postal & Courier markets, in France, Germany and the UK.To examine the potential uptake in these markets and understand what each would require from Electric Vehicles, the Automotive & Transportation Group at Frost & Sullivan (http://www.transportation.frost.com) is pleased to announce that it will be hosting an online analyst briefing presentation on Tuesday, 13 October, 2009 at 3:00pm BST. This briefing will benefit vehicle manufacturers, suppliers, governments, utility and infrastructure companies and anyone interested in understanding the business fleet potential for EVs in Europe.
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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