June 17, 2021 /3BL Media/ - U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting, as detailed in a new report from the sustainability nonprofit Ceres.
June 3, 2021 /3BL Media/ - Sixty percent of Fortune 500 companies have set a climate or energy-related goal, yet they vary dramatically in terms of ambition and are not happening at the speed or scale needed to align with what the science requires, according to a new World Wildlife Fund (WWF) report. “More and more companies are setting voluntary climate goals and increasing their climate ambition, however it’s still not enough to stave off the worst impacts of climate change,” said Marcene Mitchell, WWF’s senior vice president for climate change.
June 3, 2021 /3BL Media/ - A first-of-its-kind analysis from Ceres and the Clean Air Task Force provides investors, operators, natural gas purchasers, policymakers and regulators with the data needed to directly compare relative emissions intensity and total reported methane, carbon dioxide, and nitrous oxide emissions for nearly 300 U.S. oil and gas producers. The results reveal dramatic variability between companies and basins.
Chevron shareholders reach majority vote for a proposal calling for Scope 3 emissions reduction targets
In a dramatic shake up signaling an accelerating transition away from a fossil fuel economy, a majority of ExxonMobil shareholders voted to replace two of the oil major’s board of directors with an alternative slate of candidates experienced in clean energy and energy transitions.
Two directors were elected from the slate nominated by climate activist shareholder Engine No. 1: Gregory Goff, former CEO of Andeavor oil refining company and Kaisa Hietala, former executive vice president of renewable products at Neste.
Leader in decarbonization planning assessed a range of zero-carbon generation projects for SMUD in detailed utility analysis
OVERLAND PARK, Kan., May 26, 2021 /3BL Media/ – Zero-carbon technologies, including carbon capture, energy storage, hydrogen, solar and wind, will allow the Sacramento Municipal Utility District (SMUD) to achieve its goals of zero-carbon emissions in its electricity supply by 2030, finds a recent analysis by decarbonization solutions leader Black & Veatch.
The World Energy Council publishes an annual World Energy Issues Monitor which provides a useful snapshot of critical uncertainties and action priorities identified by more than 2,500 energy policymakers, experts, and corporate executives from 108 countries.
Global power business expanding U.S. decarbonization expertise through appointment of advisor to Department of Commerce’s Renewable Energy and Energy Efficiency Advisory Committee
OVERLAND PARK, Kan., May 13, 2021 /3BL Media/ – Black & Veatch has further expanded its contribution to global decarbonization, and the export of U.S. renewable energy expertise, through the appointment of Sean Tilley to the Renewable Energy and Energy Efficiency Advisory Committee (REEEAC).
Goal Setting and Measurement report finds decarbonization strategies are increasingly complex and current solutions may not be enough to achieve aggressive targets
May 11, 2021 /3BL Media/ - Companies of all sizes across business sectors are elevating sustainability as a core tenet of their practices, yet a new Black & Veatch report discovers that many companies continue to establish targets without a clear understanding of how to achieve them.
Global power leader Cummins is working on three projects that use hydrogen production as a means to store renewable energy, a key issue for proponents of wind, solar and other low-carbon renewable energy sources.
Using renewable sources such as wind to produce hydrogen emits no greenhouse gases. Wind energy can be converted into hydrogen using an electrolyzer and utilized in several ways – from fuel-cell hydrogen trucks, buses and trains, to ships powered by liquid ammonia made from hydrogen, to a substitute for natural gas for heating homes.