"Businesses don't want decarbonization!" 🗣 Well, yes they do. In an open letter coordinated by Corporate Leaders Groups Europe, CEOs, leading businesses, investors, networks and SMEs across the EU, call on the EU to set a greenhouse gas emissions reduction target of at least 90% by 2040. Full letter and participating companies: https://lnkd.in/ep-xyQQe (including Salesforce) According to the signatories, the EU should: 🔹 Integrate the target into a comprehensive #industrialstrategy, guided by a ‘competitive sustainability’ approach, allowing the EU to lead the global race of development of sustainable industrial ecosystems and industries. 🔹 Place the target at the centre of the EU’s overall strategy to enhance energy security by accelerating the clean #energytransition and energy efficiency, and phasing out fossil fuels. 🔹 Build on the legacy of the #GreenDeal and effective implementation of the Fit for 55 Package. 🔹 Harness the opportunities presented by the #circulareconomy and #ecodesign to tackle emissions stemming from the production of materials. 🔹 Create a clear signal to businesses and national governments of the importance in investing in #naturebasedsolutions and the transition to a #naturepositive economy. 🔹 Set a robust target that will allow the EU to play a leading role to phase out #fossilfuels, triple the rate of deployment of #renewables and double energy efficiency rates globally.
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Do you know #decarbonising industrial processes is key to meeting global climate goals? 🏭🌱 Industrial sectors are responsible for significant global #carbonemissions, making decarbonizing industrial processes essential for achieving climate targets like those in the EU’s #2050 Carbon-Neutral Plan. Transitioning to more energy-efficient and carbon-neutral processes, as the Climate Action Plan outlines, is crucial. According to the European Commission, strategies like carbon capture, utilization, and storage (#CCUS) and electrification of industrial processes using #renewableenergy will significantly lower emissions in sectors like manufacturing, steel, and cement. In Ireland, the Pathfinder Programme by the Sustainable Energy Authority of Ireland (SEAI) has set a precedent for decarbonising #publicsector operations, which can also be applied to private industries. Businesses can take inspiration from these efforts by adopting #technologies and #grantsupport that promote energy efficiency, reducing reliance on fossil fuels. For example, using heat recovery systems in energy-intensive processes can significantly cut emissions and reduce overall energy consumption. Innovative solutions like hydrogen-based processes and smart energy management systems offer pathways to #sustainable industrial practices. Leveraging these technologies not only aligns with national and EU goals but also positions companies competitively in a world rapidly transitioning to net-zero emissions. 💬 What steps is your business taking to decarbonise? Let’s explore solutions together! 👇 Read more: https://lnkd.in/g3_bN-cV #Decarbonization #IndustrialProcesses #EnergyEfficiency #NetZero #ClimateAction #CarbonCapture #SustainableIndustry IDA Ireland International Energy Agency (IEA) Government of Ireland CINEA - European Climate, Infrastructure and Environment Executive Agency
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Exciting News for a Greener Future! 🌍 The UK government is making a bold move with a £21.7bn commitment to carbon capture and storage (CCS), taking a significant step toward its 2050 net-zero target. This investment will fund undersea storage sites and pipelines in Teesside and Merseyside, capturing 8.5 million tons of CO2 annually. CCS is essential for decarbonizing industries like hydrogen and waste-to-energy, though challenges remain. With three out of eight proposed sites already funded, the UK is positioning itself as a global climate leader ahead of its international investment summit. At Mitsubishi Heavy Industries we’re proud to be at the forefront of this movement. Through key projects like Padeswood Carbon Capture, EET Industrial Carbon Capture at Stanlow, and EET Hydrogen Production HPP2 at Stanlow, we’re driving meaningful change, reducing carbon footprints, and advancing the transition to a sustainable energy future. 💡 This transformative initiative will accelerate industrial growth while propelling the UK's green transition forward. Together, we can build a cleaner, brighter tomorrow! ✨ Read more here: https://hubs.la/Q02S814v0 #MoveTheWorldForward #Sustainability #NetZero #CCS
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We have pledged to achieve net-zero carbon emissions by 2040 – ten years ahead of the UK government's 2050 target. As a leader in supplying renewable energy and EV charging solutions, we recognise the importance of reducing our own environmental impact and helping everyone transition to a low-carbon economy. To reach this goal, we have committed to set near-term and net-zero emission reduction targets validated by the Science Based Targets initiative (SBTi). This is part of our wider Sustainability and Social Value strategy, ‘Creating Opportunities, Improving Lives’, and our commitment to become a B Corp-certified company in 2025. Find out more about our net-zero carbon roadmap and how we plan to meet and measure these goals in our latest post. 👉 https://brnw.ch/21wKsvz #NetZero #SustainableBusiness #ClimateAction #Sustainability #SocialValue #ScienceBasedTargetsinitiative Michele Andrew Connor Nathalie Paul
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The Global Challenge of Energy Transition: A Path to Reducing Carbon Footprint by 2040. Reducing the global carbon footprint and transitioning to clean energy by 2040 is an imperative goal. However, achieving this goal is riddled with challenges spanning policy, technology, finance, and societal behaviour. - Establishing robust policies and regulations incentivising the shift towards renewable energy is crucial. - Rapidly evolving technology is key to facilitating the transition. - Transitioning to a low-carbon economy requires substantial financial investment. - Equitable energy justice and access are vital. - The shift to clean energy will disrupt existing business models and market dynamics. Efforts from governments, businesses, and individuals are essential to combat climate change by significantly reducing the global carbon footprint by 2040. Encouraging signs in technology evolution show promise in mitigating challenges for a sustainable future. #EnergyTransition #ClimateChange #EnergyStorage #CleanEnergy #CarbonFootprint #Solar #Wind #RegulatoryRisk #Transitioning
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## Is the UK’s Carbon Storage Plan the Key to Net Zero? The UK government has unveiled a bold £22 billion plan to invest in carbon capture and storage (CCS) projects. This ambitious initiative aims to propel the UK towards its net zero targets by significantly reducing carbon emissions. By capturing and securely storing CO2 emissions, the government hopes to offset some of the environmental impacts of ongoing industrial activities. However, this significant financial commitment has sparked a debate: will this plan genuinely facilitate the UK's path to net zero, or is it a strategy that inadvertently sustains fossil fuel reliance? Critics argue that investment in CCS technology might divert attention and resources away from renewable energy solutions, thus prolonging the era of fossil fuels. As we stand at this crossroads, the success of this plan hinges on its implementation and the balance it strikes between reducing emissions and encouraging cleaner energy transitions. The question remains—will CCS be a bridge to a sustainable future or a detour prolonging fossil fuel dependency? What are your thoughts on carbon capture and storage? Do you see it as a strategic move towards sustainability, or could it risk delaying essential shifts towards renewables? #CarbonCapture #NetZero #Sustainability #ClimateChange #EnergyTransition #UKGovernment
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A review into Australia’s transition to net zero emissions has called for a major reorganisation of finance and production systems and workforces, in order to meet the 2050 deadline. In reviewing of the potential technology transition and emissions pathways that best supported the county’s transition to net zero, the Climate Change Authority identified six strategies across six key sectors. Its review stated the pathways involved accelerating deployment of mature zero and low emissions technologies and the rapid development and commercialisation of emerging technologies. However, it stated the transition to net zero involved “much more than each sector moving along technology- based decarbonisation pathways”. “It requires actively managing a major reorganisation of public and private finance, supply chains, production systems, industrial zones, energy sources, infrastructure and workforces within Australia.” The report added it also meant close collaboration between governments, businesses, First Nations people, landholders, communities and households and between Australia and its Pacific neighbours and international trading partners. Climate Change Authority Chair The Hon. Matt Kean said the review considered the pathways for six sectors – agriculture and land; built environment; electricity and energy; industry and waste; transport and resources – to decarbonise, identifying barriers and proposing strategies and actions to address them. Mr Kean said there were many pathways to achieving emissions reductions with existing, mature technologies, such as solar and wind for electricity generation and batteries for energy storage, getting Australia much of the way to net zero. “Opportunities also exist with the rapid development of emerging low-emissions technologies, such as hydrogen and engineered carbon removals.” He said the authority’s review identified six strategies that could be incorporated in the country’s net zero plan. “Suggested actions for the Australian Government include working with local, state and territory governments, businesses, communities and households to build on existing climate change policies, reform development approval processes and address mounting workforce shortages.” https://lnkd.in/gUHD4ivF #climatechange #netzero Sign-up to the free bi-weekly Newsreel newsletter: https://lnkd.in/gDGxznVv #newsreel
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Title: Introducing the Greenhouse Gas Reduction Act: A Bold Step Toward a Sustainable Future 🌍 In a significant move to combat climate change and promote environmental sustainability, the Greenhouse Gas Reduction Act has been enacted, with a substantial funding allocation of $27 billion. This legislation is a major milestone in the global effort to reduce greenhouse gas emissions and transition towards a greener economy. The funds will be directed towards a variety of initiatives, including: Supporting Clean Energy Projects: Investments in renewable energy sources such as solar, wind, and hydro power to reduce dependency on fossil fuels. Promoting Green Technology Innovation: Grants and incentives for startups and established companies developing innovative technologies that reduce carbon emissions. Enhancing Energy Efficiency: Funding for projects that aim to improve energy efficiency in buildings, transportation, and industrial processes. Community-Based Solutions: Programs focused on helping low-income and disadvantaged communities reduce their carbon footprint and transition to cleaner energy sources. As we work toward achieving our Net Zero 2050 goals, the Greenhouse Gas Reduction Act represents a critical investment in our planet's future. It is a call to action for governments, businesses, and individuals alike to innovate, collaborate, and lead the charge in building a more sustainable and equitable world. Let's make every effort count! 🌱 #GreenhouseGasReduction #ClimateAction #Sustainability #NetZero2050 #CleanEnergy #Innovation #GreenTech #SustainableFuture
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Decarbonising Your Business: Key Insights 🌍 Did you know that businesses can play a pivotal role in combating climate change? In our recent webinar, we explored key strategies for corporate decarbonisation. Key insights: - Navigate the Complex Regulatory Landscape: Stay updated on the latest regulations and standards to ensure compliance. - Understand Carbon Credits: Learn about the different types of carbon credits, how they are generated, and their role in reducing emissions. - Implement Practical Strategies: Reduce your carbon footprint through energy efficiency, renewable energy adoption, and supply chain optimisation. Want to learn more? Check out our latest blog post by Vishnu Aggarwal, CFA in the link below: https://lnkd.in/ejhbzPce #decarbonization #climatechange #sustainability #decarbonisation #carboncredits #netzero
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As the global community accelerates towards a net-zero future, the role of sustainable fuels is becoming increasingly pivotal. These innovative energy sources are not just an alternative; they are a cornerstone in the transition to a more sustainable and resilient energy system. Why Sustainable Fuels Matter: -Reduced Carbon Emissions: Sustainable fuels significantly cut down greenhouse gas emissions compared to traditional fossil fuels, playing a critical role in combating climate change. -Energy Security: By diversifying our energy mix, sustainable fuels enhance energy security and reduce dependence on finite resources. -Economic Growth: Investing in sustainable fuel technologies drives innovation, creates green jobs, and stimulates economic growth. -Environmental Stewardship: Sustainable fuels are often derived from renewable resources, promoting responsible resource management and environmental preservation. Key Contributions to the Energy Transition: -Decarbonizing Transportation: Sustainable fuels like biodiesel and renewable diesel can power vehicles, ships, and airplanes, reducing the carbon footprint of one of the most challenging sectors to decarbonize. -Supporting Renewable Energy: Sustainable fuels can store and transport energy from renewable sources like wind and solar, bridging gaps when these sources are intermittent. -Industrial Applications: From manufacturing to agriculture, sustainable fuels provide cleaner energy solutions for industrial processes, traditionally reliant on fossil fuels. The journey to net zero is complex and multifaceted, but with sustainable fuels in our selection, we are better equipped to achieve a balanced and sustainable energy ecosystem. Let's continue to innovate, invest, and advocate for these critical technologies that are shaping a greener, more sustainable world. Together, we can fuel a future where energy needs are met without compromising our planet's health. 🌍💚 https://lnkd.in/ei7spTED #SustainableFuels #NetZero #EnergyTransition #RenewableEnergy
Why the Energy Transition Matters
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Thrilled to see Heather Polinsky, PMP, F. SAME, our Global President for Resilience, sharing insights at the Reuters Global Energy Transition 2024 panel ‘From Regional Leadership to Global Stewardship.’ Takeaways are clear and we must elevate the importance of diverse perspectives and collaborative (not competitive) efforts in driving the energy transition forward. Did you know that the industrial sector accounts for around 25% of global emissions, highlighting the urgent need for strategic decarbonization? We can only achieve this with the right intent and partnerships. Let’s keep the conversation going and work together to overcome the barriers to a sustainable future. Learn more about our capabilities in this space and how Arcadis tackles these issues head-on with our deep expertise in policy-making and public-private partnerships: https://okt.to/SbHIde #GET24 #energytransition #CleanEnergy #decarbonization #energysecurity #improvingqualityoflife Arcadis Reuters Events Energy Transition
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