Tag

Decarbonization

All articles tagged with #decarbonization

California’s Heat-Pump Gamble: High Bills Cloud the Clean-Energy Push
environment2 days ago

California’s Heat-Pump Gamble: High Bills Cloud the Clean-Energy Push

California is pushing to electrify home heating with heat pumps (aiming for six million installations by 2030), backed by rebates and easier permitting, but high electricity prices complicate the economics. A Harvard study finds regional differences: savings tend to occur in the South and Pacific Northwest, while the northern Midwest could see higher bills. In California, coastally favorable conditions are tempered by costly rates, larger or colder homes, and required electrical upgrades; solar can help, but upfront costs and rate plans largely determine whether heat pumps save money.

California's heat-pump push hits price barrier
environment2 days ago

California's heat-pump push hits price barrier

California aims to install six million heat pumps by 2030 to cut emissions, but high electricity prices and installation costs complicate adoption; a Harvard study shows potential savings in some regions and higher bills in others, with CA's coast and larger homes often facing higher costs, while policy efforts to streamline permitting and rebates continue amid concerns that steep rates could undermine the climate plan.

Global Climate Policy Gains Ground Amidst Rising Challenges
environment3 months ago

Global Climate Policy Gains Ground Amidst Rising Challenges

The article argues that the current global climate policy framework, centered around the UNFCCC and the Paris Agreement, is ineffective in achieving meaningful decarbonization. It highlights the failures of market-based solutions like carbon offsets and pricing, the broken promises of climate finance, and the influence of fossil fuel interests through investment protections. The author advocates for a shift away from the UNFCCC towards direct economic reforms, such as taxation and reducing fossil fuel subsidies, to accelerate the transition to green energy and address the climate crisis more effectively.

Toyota Unveils Versatile Compact Engines for Multi-Fuel Use
transportation1 year ago

Toyota Unveils Versatile Compact Engines for Multi-Fuel Use

Toyota, along with Subaru and Mazda, is developing new compact 1.5L and 2.0L internal combustion engines that are adaptable to various carbon-neutral fuels like e-fuel, biofuels, and liquid hydrogen. These engines are designed to be smaller, lighter, and more efficient, aiming to meet stricter emissions standards and integrate seamlessly with electric drive units. This initiative reflects Toyota's strategy to maintain a diverse range of powertrain options, including hybrids, as the automotive industry moves towards tougher emission norms and carbon neutrality.

"Biden Administration Sets New Standards for Carbon Credits"
environment1 year ago

"Biden Administration Sets New Standards for Carbon Credits"

The U.S. Department of the Treasury, alongside other federal agencies, has released a Joint Policy Statement and Principles for Responsible Participation in Voluntary Carbon Markets (VCMs). These markets, which trade carbon credits to reduce emissions, are seen as crucial for mobilizing private capital to drive decarbonization and economic opportunities. The Biden-Harris Administration aims to ensure these markets operate with high integrity to effectively combat climate change and support economic development, particularly for farmers, ranchers, and developing countries.

"$6 Billion Investment to Decarbonize Industrial Sector and Slash Emissions"
environment1 year ago

"$6 Billion Investment to Decarbonize Industrial Sector and Slash Emissions"

The Biden administration has announced a $6 billion investment to reduce emissions from the industrial sector, targeting facilities responsible for a quarter of the nation's emissions. The funding will support 33 demonstration projects in over 20 states, focusing on industries such as aluminum, steel, food and beverage, and cement. The projects aim to eliminate 14 million metric tons of pollution annually, equivalent to removing 3 million cars from the road, and will utilize technologies that are replicable and scalable. The initiative seeks to demonstrate the viability of decarbonizing heavy industries and pave the way for a global transition to cleaner manufacturing.

"$6 Billion Plan: Taming Industrial Carbon Emissions"
climate1 year ago

"$6 Billion Plan: Taming Industrial Carbon Emissions"

The Biden administration plans to allocate up to $6 billion towards 33 projects in 20 states aimed at reducing carbon emissions from heavy industries such as steel, cement, chemicals, and aluminum. These projects include initiatives to test methods for curbing emissions and implementing cleaner technologies, such as using hydrogen fuels in aluminum production and electric boilers in food manufacturing. The goal is to demonstrate novel technologies that can rapidly scale up and set a new standard for clean manufacturing in the United States and globally.

"Record-Breaking Funding Secured for World's First Green Hydrogen Steel Plant"
energy-and-environment2 years ago

"Record-Breaking Funding Secured for World's First Green Hydrogen Steel Plant"

The world's first full-scale green steel plant is being developed in Sweden, with the help of green hydrogen, marking a significant step in decarbonizing the steel industry. Green hydrogen, produced from renewable energy sources, is being used to replace fossil fuels in the steelmaking process, significantly reducing CO2 emissions. H2 Green Steel, the company behind the initiative, has secured funding and aims to start production in 2025, with plans to expand its impact on decarbonizing hard-to-decarbonize industries. The use of green hydrogen in steel production is seen as a promising solution to address the industry's significant carbon footprint.

"USPS Unveils Largest Electric Vehicle Fleet in the US with Ford E-Transit Vans and New EV Chargers"
electric-vehicles2 years ago

"USPS Unveils Largest Electric Vehicle Fleet in the US with Ford E-Transit Vans and New EV Chargers"

Ford's E-Transit electric delivery van is making strides in the US Postal Service's electrification journey, as the agency plans to deploy a fleet of 66,000 new electric vehicles, including 9,250 E-Transit vans and 45,000 electric NGDVs from Oshkosh by 2028. The Postal Service is also installing EV charging stations at its South Atlanta Sorting and Delivery Center and other facilities to support the electrification of its massive vehicle fleet. This move comes amid a broader push for decarbonization and modernization, with legacy automakers like Ford facing competition from startups like HW Electro and Canoo in the electric delivery van space.

"Record-Breaking Financing Secured for World's First Green Hydrogen Steel Plant"
energy-and-environment2 years ago

"Record-Breaking Financing Secured for World's First Green Hydrogen Steel Plant"

H2 Green Steel secures €4.5bn in additional funding for the world’s largest green-hydrogen-based steel project in northern Sweden, aiming to produce near-zero-emission steel by replacing coking coal with green hydrogen and using renewable energy. The project, with close to €6.5bn in financing, is set to take a final investment decision soon and has already begun construction, with production expected to start in 2027. The company has secured contracts with major customers and financing from a group of lenders, including the European Investment Bank, and has also raised equity and received grants from the EU’s Innovation Fund.