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Trane Technologies and the U.S. Department of Energy Partner To Advance Building Decarbonization in New Heat Pump Technology Challenge

3BL Media

In line with the Challenge’s advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. “As We are thrilled to work together on this important initiative to drive greater energy efficiency and decarbonization in our nation’s buildings.”

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Dow to Build $6.5 Billion Net Zero Chemical Plant in Canada

ESG Today

billion project to build the world’s first net zero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to net zero Scope 1 and 2 emissions.

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Diageo to Use Net Zero Glass Bottles from Hydrogen-Powered Furnace

ESG Today

Global spirits and beer company Diageo announced today a new partnership with glass manufacturer Encirc to build a hydrogen-powered furnace for the first-ever at scale net zero glass bottle production. The decarbonization of glass packaging also forms a key part of the UK government’s plan to reach net zero by 2050.

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UK to Launch a Carbon Tax on Imports by 2027

ESG Today

In a statement announcing its plans to roll out the CBAM, the UK Treasury said: “Decarbonising UK industry forms an important part of delivering the energy transformation needed to achieve net zero. But these efforts will not succeed if decarbonisation in the UK simply leads to higher emissions abroad.”

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Net zero transition – the latest signals of change: May 26, 2023

We Mean Business Coalition

The latest net zero signals of change include a record order for Volvo electric trucks. Net Zero Economy In a historic first, the IEA this week announced that investment in solar projects has overtaken oil production for the first time. Investment in renewable energy is up by nearly a quarter since 2021.

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. The commercial start for the project is anticipated to commence in 2027.

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Net zero transition – the latest signals of change: July 7, 2023

We Mean Business Coalition

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 and Europe.