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Dear Oil and Gas CEOs: Here’s How You Should Spend Those Record Profits

Union of Concerned Scientists

In a January 2022 report on its climate plans, ExxonMobil pledged to direct $15 billion toward emission reduction efforts over the next six years, but that $15 billion breaks down to $2.5 billion per year—less than 2 percent of ExxonMobil’s annual revenue, and far less than its profits from just the last three months.

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How to make algae fuel and feedstock less expensive

Environmental News Bits

Read the full story in Popular Science As the US tries to move toward a clean energy economy and net-zero carbon emissions by 2050, it seems that biofuels are having their moment.

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Introducing Our Blog Series on Clean Hydrogen

Law and Environment

Clean hydrogen could be one of those solutions. It could reduce net carbon emissions for many industries that use or could use hydrogen as a direct or indirect energy source: Fertilizer – Ammonium nitrate manufacturers are among the biggest hydrogen consumers today. We’ll need other solutions to fill in the gaps.

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Singapore Unveils Blueprint for Sustainable Air Hub

Clean Energy Law

iii] Low-carbon electricity imports – The majority of carbon emissions from airport operations arises from electricity consumption. Adopting low-carbon electricity imports will support the Blueprint’s goal for the aviation sector to reach net zero domestic emissions by 2050.

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Rolls-Royce Says Carbon-Reduction Programs Are Costly But Create Business Opportunities

Environment + Energy Leader

It says that all of its products will be compatible with carbon neutrality by 2050 -- an expensive goal but one that will create value. The post Rolls-Royce Says Carbon-Reduction Programs Are Costly But Create Business Opportunities appeared first on Environment + Energy Leader.

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Why Ontario needs to stop burning polluting gas for electricity

Enviromental Defense

The decision to ditch coal was the biggest single action of its time to cut carbon emissions in North America. That means carbon emissions from electricity in Ontario will be rising back up again after years of decline. Ontario Energy Output by Fuel Type: 2020 . Ontario has built a clean energy supply.

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New York State Environmental Regulator Issues Draft Plan to Achieve GHG Emissions-Reduction Goals

E2 Law Blog

Enacted in 2019, the CLCPA transformed the state’s earlier clean energy standard efforts from administrative fiat to law and sets more aggressive goals to reduce statewide greenhouse gas (GHG) emissions economy-wide to 60% from a 1990 baseline by 2030, and 15% from a 1990 baseline by 2050.