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Trafigura Commits to Buy 50,000 Tons of Carbon Removal Credits to Help Develop Market

ESG Today

FMC was launched at the COP26 climate conference, creating a coalition of companies committed to creating early markets for clean technologies addressing hard-to-abate sectors. Trafigura is a Founding Member of the FMC and a signatory to the FMC shipping and aluminium sector commitments.

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Volvo Targets 75% Emissions Reduction per Car by 2030

ESG Today

The company also announced that it has joined the First Movers Coalition (FMC) to use its purchasing power towards clean technologies to help support the shift to near-zero emission aluminum. We’re committed to doing our part and we call on corporate and political leaders around the globe to also do theirs.”

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Trafigura Signs Advance Carbon Credit Purchase Agreement with DAC Provider 1PointFive

ESG Today

FMC was launched at the COP26 climate conference, creating a coalition of companies committed to creating early markets for clean technologies addressing hard-to-abate sectors.

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Shipping sets Sail for Greener Horizons

Chris Hall

It’s an industry you can’t put on the internet; we will need shipping in the years to come, which means we have to ensure it is sustainable in the long term,” says Stephen Fewster, Global Head of Shipping Finance at Amsterdam-headquartered ING Bank. . Hydrogen has very low density, making it difficult to store on large ships.

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How the Global South told the North to stop lecturing it on climate

Corporate Knights

The same, of course, could be said of the battle that is underway to stop catastrophic climate change. But as the world lurches toward increasingly dire environmental scenarios, vows for equitable climate action don’t materialize. In fact, the Global South’s own contribution to climate change is not uniform.

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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows

3BL Media

The new report indicates that the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial. Electrification of end-use sectors, including road transport, buildings and industry, accounts for the next quarter of emissions.

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Abrupt end to Canada’s green retrofits program leaves industry in chaos

Corporate Knights

With Canada’s home retrofit industry in chaos, consumers abandoning ship, and emissions in housing still falling far too slowly, two separate sign-on letters are urging Energy and Natural Resources Minister Jonathan Wilkinson to restore funding for the popular Canada Greener Homes grant program, The Energy Mix has learned.