While it has been a tumultuous past year with the COVID-19 pandemic, the transformation of the marine fuels market continued at pace. The International Maritime Organisation’s (IMO) decarbonisation targets of a 50% reduction in emissions from 2008 levels by 2050, and a minimum reduction in carbon intensity per transport usage of 40% by 2030, compared […]
Earth Week has come and gone, leaving behind an ankle-deep and green-tinted drift of reports, press releases, and earnest promises from C.E.O.s and premiers alike that they are planning to become part of the solution. There were contingent signs of real possibility—if some of the heads of state whom John Kerry called on to make […]
The Clean Power Quarterly Market Report, released last week by the American Clean Power Association (ACP), shows that U.S. project developers installed nearly 40 percent more wind power in the first three months of 2021 than in the first three months of 2020, the strongest year ever for clean power. This amount of development also […]
Pension funds invest our savings over decades, so it is not surprising that they have a long history of investing in forestry assets. Swedish investors can trace the ‘roots’ of forestry investment back to the 13th century. In the modern era, pension funds began investing in forestry about 50 years ago, in the Southern United […]
Vivergo Fuels site in Hull will be re-opening following an announcement by the Department for Transport that E10 petrol will be introduced at pumps across the UK from September. Established in 2012, the site was the only dedicated bioethanol plant in the UK and represented the second largest infrastructure project after the Olympics. However, in […]
Airbus is extending the use of sustainable aviation fuel (SAF) for its Beluga cargo flights to the Broughton in the UK. The airframer said that the north Wales line station, which uses the Beluga fleet to transport aircraft wings to Toulouse, Hamburg and Bremen, becomes the second Airbus European site to use SAF, after Hamburg […]
United Airlines announced the launch of a first-of-its-kind Eco-Skies Alliance program focused on moving the aviation industry toward a more sustainable future. The carrier has teamed with more than a dozen leading global corporations to collectively contribute toward the purchase of approximately 3.4 million gallons of sustainable aviation fuel (SAF) this year. With a nearly […]
Renewable energy’s rapid growth is accelerating a national shift to a carbon-free electric power system. So far 17 states plus Washington, D.C., and Puerto Rico have adopted laws or executive orders setting goals for reaching 100% clean electricity by 2050 or sooner. And 46 U.S. utilities have pledged to go carbon-free. Now the Biden administration and some members […]
The U.S. Congress on Monday passed a massive spending bill that includes $35 billion in energy research and development programs, a two-year extension of the Investment Tax Credit for solar power, a one-year extension of the Production Tax Credit for wind power projects, and an extension through 2025 for offshore wind tax credits — a significant last-minute boost […]
A decade ago, 100,000 volunteers from the Senegalese villages of Casamance and Siné Saloum joined together to replant 80 million mangrove trees, the world’s largest mangrove restoration program. Ten years later, the mangroves have sequestered more than 160,000 tons of carbon, the equivalent of taking more than 100,000 cars off the road every year. The […]