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Tag: Greenhouse gas emissions

SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining

The U.S. Securities and Exchange Commission (SEC) has proposed new rule changes that would require registrants to provide climate-related disclosures to the SEC. It would also require companies to disclose climate-related risks which would be “reasonably likely” to have a material impact on their business, result of operations, or financial condition. “I am pleased to […]

The post SEC Proposes Sweeping Greenhouse Gas Reporting Rules Which Would Affect Crypto Mining appeared first on Coin Bureau.

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Pertamina Prioritizes Comprehensive Energy Transition to Reduce Emissions

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JAKARTA, Mar 22, 2022 - (ACN Newswire) - State-run oil and gas corporation PT Pertamina (Persero) has set a more comprehensive energy transition as the company's priority program by increasing the energy mix to reduce greenhouse gas emissions. "Pertamina is committed to becoming an environmentally friendly and socially responsible company, which upholds good corporate governance," President Director Nicke Widyawati noted in a statement on Monday.

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President Director & CEO Nicke Widyawati delivers her remarks at the Pertamina-Dubai Expo Media Briefing on March 18, 2022. (ANTARA/HO-Pertamina/uyu)

According to the statement, the company has played an important role in leading the green transition in Indonesia's energy industry and targets a 30-percent reduction in emissions by 2030. It will prioritize the development of new and renewable energy to overcome environmental problems and support the realization of Indonesia's energy mix in 2030.

Pertamina supports the Indonesian 2022 G20 Presidency which has chosen energy transition as one of the agendas of the inter-governmental forum. As a member of the G20's Business 20 (B20) Task Force on Energy, Sustainability, and Climate, Pertamina will strive to become a catalyst for green policy in accordance with the principles of energy security, energy equity, and environmental sustainability.

Nicke remarked that Pertamina implemented 8 strategic initiatives to develop environmentally friendly and sustainable energy. The initiatives include establishing green refineries, developing bioenergy, commercializing hydrogen, increasing gasification, initiating battery and integrated energy storage ecosystems, as well as increasing the capacity of installed geothermal power plant.

"We believe that Indonesia's abundant geothermal resources can become a strong backbone in expediting the energy transition program in line with the government's goal of achieving net zero emissions in 2060," Widyawati added.

Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)
Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.com
Written by: Sugiharto Purnama, Uyu Liman; Editor: Fardah Assegaf (c) ANTARA 2022


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comState-run oil and gas corporation PT Pertamina (Persero) has set a more comprehensive energy transition as the enterprise's priority program by increasing the energy mix to reduce greenhouse gas emissions.

Three Takeaways from the SEC’s New Proposed Rules on Climate Disclosures

Today, the Securities & Exchange Commission voted 3 to 1 in favor of adopting a long-awaited set of proposed revisions to SEC regulations concerning the disclosure of climate risks and related financial impacts, as well as data on greenhouse gas emissions in certain SEC filings. The recommendation to adopt the new set of rules was not unanimous, with Commissioner Hester Peirce voting against the measure, arguing that the new set of rules is at best unnecessary,… More

The post Three Takeaways from the SEC’s New Proposed Rules on Climate Disclosures first appeared on IPO, Then What?.

MHIENG and MHIEC to Commence Demonstration Testing of Separation, Capture and Effective Use of CO2 from Waste-to-Energy Plant

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TOKYO, Mar 17, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries Engineering, Ltd. (MHIENG) and Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC) - two group companies of Mitsubishi Heavy Industries, Ltd. (MHI), both based in Yokohama - are poised to commence demonstration testing of equipment for separation, capture and effective utilization of CO2 emissions from a local waste-to-energy (WtE) plant. The test program will be conducted together with the city of Yokohama and Tokyo Gas Co., Ltd. The four parties recently signed a memorandum of collaboration, their collective goal set on realizing a carbon neutral society.

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The demonstration testing, a joint undertaking by the private and public sectors, will integrate MHIEC and Yokohama's knowhow in the operation of WtE plants, MHIENG's high-performance carbon capture technology, and Tokyo Gas' expertise in hydrogen and carbon usage. The aim is to separate, capture and effectively recycle the mainly biomass-derived CO2 in the flue gas generated during the incineration of household waste.

Under this project, MHI Group's carbon capture technology will be applied at Yokohama's Tsurumi Waste-to-Energy Plant, which was originally built by MHIEC. MHIENG will design and manufacture the compact CO2 capture system based on its proprietary process technologies, and MHIEC will take charge of the equipment?s installation. The high-purity CO2 separated and captured from the flue gas will be transported to Tokyo Gas?s Yokohama Techno Station, located in Tsurumi-ku, Yokohama, where it will be used for a demonstration test of methanation that synthesizes methane gas through chemical reaction with hydrogen, as well as for research on direct use to industrial gas.

The project will be MHIENG's first application of its CO2 capture technology in a WtE plant. The equipment to be designed and manufactured is a compact CO2 capture system with a capture capacity of 0.3 tonnes per day (tpd), and it is applicable to various industrial facilities. It will further strengthen MHIENG?s product lineup as the company pursues increased applications of its carbon capture technologies to diverse emission sources and scales. For MHI Group, the project is significant in terms of providing a carbon negative solution responding to Japan?s decarbonization needs going forward: implementation of integrated carbon separation and capture from social infrastructure.

MHI Group today is undertaking strategic strengthening of its energy transition business, and the development of a CO2 ecosystem is central to those initiatives. Carbon capture, utilization and storage (CCUS) is garnering attention as an effective means for realizing a carbon neutral society. With the demonstration testing to be performed in Yokohama, MHIENG and MHIEC, key players in MHI?s energy transition program, will contribute to reducing greenhouse gas emissions on a global scale, part of MHI's ongoing commitment to help protect the global environment.

About MHIENG's CO2 capture technologies

MHIENG (originally MHI) has been developing the KM CDR Process and the Advanced KM CDR Process in collaboration with Kansai Electric Power since 1990. Today the Company stands as a global leader in this field. As of February 2022, the KM CDR Process has been adopted at 13 plants worldwide, and three more are currently under construction. For further details, visit the following website. https://www.mhi.com/products/engineering/co2plants.html

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world?s leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries Engineering, Ltd. (MHIENG) and Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC) are poised to commence demonstration testing of equipment for separation, capture and effective utilization of CO2 emissions from a local waste-to-energy (WtE) plant.

Honda Investing $1B in Canadian Plants as Part of Electrification Plan

Honda Motor Co. will invest a little more than $1 billion into its facilities in Ontario, Canada as part of its electrification plans and push for zero emissions by 2040. Get details about the move at TheDetroitBureau.com.

Fintech sparking the global Net-Zero revolution

Despite feel-good assurances of a Net-Zero bid by those joining the Paris Agreement in 2015, the outlook seven years later is bleak.

The post Fintech sparking the global Net-Zero revolution appeared first on LendIt Fintech News.

FLYHT and Swoop Partner to Reduce Emissions

Receives Support from Alberta Innovates for Environmental Leading Initiative Calgary, Alberta – March 16, 2022 – FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) announced that FLYHT is partnering with Swoop Airlines to reduce emissions by…
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The huge carbon footprint of large-scale computing

Physicists working on large-scale experiments may have to consider the significant environmental impact of the computer power they require. Michael Allen investigates

The post The huge carbon footprint of large-scale computing appeared first on Physics World.

New guidance for GHG emissions published by ADEPT and FHRG

New guidance has been issued, aimed at tackling one of the most pressing issues faced by local highways authorities (LHAs) – consistent carbon measurement and reporting. The Association of Directors of Environment, Economy, Planning & Transport (ADEPT) and the Future Highways Research Group (FHRG), led by Proving Services, have launched a seemingly comprehensive guidance document […]

SCSK and NEC Strengthen Collaboration to Accelerate Customers’ DX and Business Growth

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TOKYO, Mar 10, 2022 - (JCN Newswire) - SCSK Corporation (TSE: 9719) and NEC Corporation (TSE: 6701) today announced that they will strengthen collaboration in the data center and network business to accelerate customers' DX and grow their businesses. As part of this effort, the companies will establish SCSK NEC Data Center Management, Ltd., a joint venture in data center operations on April 1, 2022.

Background and purpose of establishing a new company

Due to the global COVID-19 pandemic and the frequent occurrence of natural disasters, there is a need for the utilization of secure and safe data centers to further raise awareness of business continuity, and to ensure the safety of sensitive information such as personal information. Furthermore, due to the shift to remote work and the acceleration of digital transformation (DX), there is a growing need for using richly functional and highly flexible cloud services.

SCSK and NEC will jointly operate a data center in Inzai City, Chiba Prefecture, Japan, scheduled for completion in April 2022, to accelerate DX for customers, and to attract ecosystem partners, including cloud providers. This will provide customers with significant benefits in terms of convenience and confidentiality in connecting to ecosystem partners when using jointly operated data centers.

Ecosystem partners will also install network connectivity points to jointly operated data centers in the future, giving both companies' customers the opportunity to leverage the services of the ecosystem partners.

To realize these environments, both companies will jointly own and operate data centers and establish a data center joint operating company with the aim of creating and providing new services with the ecosystem partners.

Role of the new company

The new company will hold the property of a data center in Inzai City, scheduled for completion in April 2022, and will provide data center services and network services to SCSK and NEC. In addition, the new company aims to operate an environmentally friendly data center by using renewable energy, and both companies will contribute to the achievement of virtually zero greenhouse gas emissions.

Future development

SCSK and NEC will continue to attract ecosystem partners to realize a high level of convenience and confidentiality in an environment that combines customer-specific systems within data centers and various cloud services. Going forward, both companies will continue to support the acceleration of customers' DX and business growth through collaboration in the data center and network business.

Profile of the new company

1. Company name: SCSK NEC Data Center Management, Ltd.
2. Business Activities: Provision of data center services and network services for SCSK and NEC from Inzai City, Chiba Prefecture, Japan
3. Date of Establishment: April 1, 2022
4. Representative: Hiroshi Ogasawara, Representative Director
5. Head Office: Toyosu, Koto-ku, Tokyo
6. Capital: 200 million yen (including capital reserve)
7. Ownership ratio: SCSK: 62.5% NEC: 37.5%
8. Number of employees: 10

About SCSK Corporation

SCSK provides a full lineup of services to support any area of IT solution required for businesses from consulting to system integration, verification services, IT infrastructure implementation, IT management, IT hardware and software sales, and BPO (business process outsourcing).
SCSK at new windowhttps://www.scsk.jp/index_en.html

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comSCSK Corporation and NEC Corporation today announced that they will strengthen collaboration in the data center and network business to accelerate customers' DX and grow their businesses.

onsemi Included on 2022 List of Barron’s 100 Most Sustainable Companies in the U.S.

PHOENIX – Feb. 24, 2022 – onsemi
(Nasdaq: ON), a leader in intelligent power and sensing technologies, announced its fifth consecutive recognition on Barron’s 100 Most Sustainable Companies in the U.S. Since publication began in 2018, Barron’s has included onsemi on its list every time. This year, onsemi was ranked 41st.

onsemi continues to be a leader in environmental, social and governance (ESG) initiatives in the semiconductor industry by committing to aggressive climate goals. The company recently pledged to be net zero by 2040, focusing on decarbonization and investment in renewable energy to achieve this goal. Continued inclusion on Barron’s list solidifies onsemi as a leader in the ESG space and affirms onsemi’s steps to achieve these objectives.

To determine the Barron’s list, Calvert Research and Management, a sustainable-investment company that developed Barron’s list, analyzed the 1,000 largest publicly traded companies by market value, then ranked each by how it performed for five key constituencies: shareholders, employees, customers, community and the planet. Calvert looked at more than 230 ESG performance indicators such as workplace diversity, data security and greenhouse gas emissions.

onsemi’s annual sustainability report includes detailed information about the company’s ESG initiatives. For a full list of Barron’s 100 Most Sustainable Companies, visit their website.

Additional Resources & Documents:

onsemi Named top 100 Best Corporate Citizens of 2021

ON Semiconductor Named to Barron’s 100 Most Sustainable Companies List for Third Consecutive Year

MHI Joins “ACT FOR SKY,” a voluntary organization working for the Commercialization, Promotion and Expansion of Domestically Produced SAF

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TOKYO, Mar 2, 2022 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) is pleased to announce that today it has joined "ACT FOR SKY," a voluntary organization established jointly by JGC Holdings Corporation Co.,Ltd., REVO International Inc. All Nippon Airways Co., Ltd. and Japan Airlines Co.,Ltd. (Headquarters: Shinagawa-ku, Tokyo, President: AKASAKA Yuji, Representative Director) that works to commercialize, promote and expand the use of domestically produced sustainable aviation fuel (SAF)(1).

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"ACT FOR SKY" with "ACT" representing the cooperation and collaboration by companies committed to take "action" for these goals-will aim to raise awareness among citizens and companies of the importance of SAF, carbon neutrality and achieving a circular economy. Applying expertise across relevant industries, the four founding companies will coordinate the activity of other member companies as well.

MHI is embarking on a project to develop a commercial-scale supply chain for sustainable aviation fuel (SAF) derived by biomass gasification integrated with FT synthesis technology(2). By achieving reduction in greenhouse gas emissions caused by jet fuels, the Company will contribute to mitigating the aviation industry's impact on the global environment.

Background

- A rapidly growing global need to reduce CO2 emissions has called for the aviation industry to accelerate the development, production, distribution, and use of SAF. This fuel is sourced from sustainable resources such as tallow (animal oils and fats), used cooking oil (UCO), biomass, municipal solid waste, exhaust gases, and CO2.
- As global SAF demand grows, a stable supply of domestically produced SAF is considered essential in Japan. However, domestically produced SAF has not been commercialized yet, and establishing stable supply chain, from procurement of feedstock to supply of SAF, remains an urgent issue.
- Compared to Europe and the U.S, where SAF is already being commercialized, and its awareness is relatively strong, it is necessary to raise the awareness of SAF in Japan as well.

Overview of activities

- Promotion of the members' activities toward decarbonization and a circular economy through the domestic production of SAF
- Discussions and analysis on the costs to achieve these goals
- Raise awareness on carbon neutrality, through local governments and education
- Exchanging information among members, for next actions
- Share information on how other countries are acting for SAF promotion
- Identify common issues for domestic SAF production, and share the information and analysis gathered with related organizations

Specific member initiatives

ACT FOR SKY consists of the following 16 members (as of March 2, 2022).

"ACT" member companies: Companies/organizations directly involved in domestic SAF business
(founding companies in bold)

Future development

Along with a variety of other stakeholders, ACT FOR SKY will promote and expand the domestic production of SAF, which will lead to the development of aviation network in Japan and the industry related to SAF production. Together, we will establish a sustainable society.

ACT FOR SKY logo
Created by: Housui Yamaguchi, calligrapher
Behind the logo design:
Blue ink: A beautiful blue sky
Calligraphic style: Dynamic, linked to action
Symbolism of calligraphy: Japan, domestic production

(1) SAF is a fuel achieving significantly lower CO2 emissions compared to the conventional jet fuel over its life cycle, from production or collection of feedstock (such as biomass, used cooking oil, or exhaust gas) to manufacturing and combustion. Existing infrastructure can be used without modification.
(2) Gasification and FT (Fischer-Tropsch) synthesis technology: a technology whereby solid materials such as wood cellulose are reacted with water vapor and a small amount of oxygen in a gasifier to produce carbon monoxide and hydrogen (gasification), which are then synthesized into liquid hydrocarbons (fuel) in an FT reactor using a catalyst (Fischer-Tropsch Process).

About MHI Group

Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMitsubishi Heavy Industries, Ltd. (MHI) is pleased to announce that today it has joined "ACT FOR SKY," a voluntary organization established jointly by JGC Holdings Corporation Co.,Ltd., REVO International Inc.

Plus+ Consulting Announces New Focus and Separation to Form New…

After 22 years of growth, Plus+ Consulting is separating into two companies to expand the value of their expert technology consulting services and launch a new firm focused on sustainability cloud...

(PRWeb March 01, 2022)

Read the full story at https://www.prweb.com/releases/2022/03/prweb18524112.htm

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