article thumbnail

Could Bloom fuel cells be a solution for maritime emissions issues?

GreenBiz

Under the partnership, announced in June, the companies will collaborate on creating fuel cell powertrains for commercial ships, potentially providing one critical path to a clean technology future for marine shipping. The goal is to replace oil-based power generation. . And the goalposts are high.

Shipping 385
article thumbnail

Global Investment in Solar Outpacing Oil for First Time Ever: IEA

ESG Today

Oil and gas capital expenditure as a share of the distribution of cash spending by the industry, for example, fell to less than half in 2022, compared to more than 80% in each year from 2008 – 2017, while dividends, net share buybacks and net debt repayments reached a 52% share. dollars are now going into clean energy.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GREEN house effect: Calculate the savings from electrifying your home

Corporate Knights

Corporate Knights partnered with the Toronto Star to analyze the co-benefits of these clean technologies, quantifying just how much households can save by adopting them, and what their impact will be on emissions. And the faster these technologies are adopted, the fewer emissions Canada will produce.

article thumbnail

A Principled Stance

Chris Hall

Unlike many other countries, the UK has targets that are legally binding under the Climate Change Act 2008 (2050 Target Amendment) Order 2019 – which Skidmore, in his former capacity of interim minister of state for energy and clean growth, signed into law in June 2019.

article thumbnail

Shipping sets Sail for Greener Horizons

Chris Hall

“Regulating emissions from international shipping has been slow progress as any IMO rules need to be agreed upon by its 175 member states, and sector participants have conflicting motives to invest in clean technologies,” notes Louis Bromfield, Lead Sustainability Associate at UK-based Foresight Capital Management. .

article thumbnail

What the collapse of Silicon Valley Bank means for climate tech

Corporate Knights

bank failure since the 2008 financial crash. clean technology boom. “The administration’s moves, which include backing all of SVB’s cash deposits, also have failed so far to quell broader concerns about midsize regional banks, which often are more willing to support new companies and up-and-coming industries,” E&E adds.

Banking 246
article thumbnail

Meet the 50 fastest-growing green companies in Canada

Corporate Knights

Founded in 2008 by veterans of Stuart Energy, a Toronto-based pioneer of hydrogen power, Next Hydrogen is now scaling up to deliver commercial solutions to the transportation and industrial sectors. Vicinity Motor was formed in 2008 to meet B.C. Earth Alive Clean Technologies. Vicinity Motor. Growth rate: 113%.

Waste 363