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.
Schneider Electric, which has been at the forefront of sustainability efforts for more than a decade, has made significant progress on its 10 Commitments for Sustainability since 2015. Schneider Electric uses 16 indicators from the Planet & Society Barometer to measure its commitment to sustainable development. In October 2017, Schneider Electric announced that it exceeded its barometer target for 2017; a quarter ahead of schedule.
Today at COP23, the World Business Council for Sustainable Development (WBCSD) announced a major expansion of its below50 project, designed to rapidly grow the market for the world’s most sustainable fuels. As part of this expansion, new hubs will begin operating across three continents: Australia, North America and South America.
As much as recent natural gas industry dynamics are influenced by price, the reality is that the global market always is truly driven by supply and demand. Where gas reserves reside, where energy demand is needed, and how supply is being transported all tell a more holistic story of the market’s dynamics. The current disparity in supply and demand is giving natural gas buyers the upper hand in negotiating contracts and is affecting how organizations throughout the value chain are planning for the future.
Tomorrow is #AmericaRecyclesDay! Cox Enterprises' Senior Director of Energy Procurement and Waste Deiversion Robert Fairey shares insights on the company's approach to waste management.
What are SBTs? Put simply, Science-based Targets specifies how much and how quickly companies need to reduce GHG emissions in order to avoid a 2°C global temperature increase. SBTs provide a clear pathway for a company to achieve future business growth while remaining below the 2°C limit. More than 300 companies have committed to setting SBTs under the Science Based Targets Initiative (SBTi) and over 70 companies have approved SBTs.
What would a repeal of the Clean Power Plan (CPP) actually mean? The announcement that the EPA is seeking to repeal the CPP raises some valid questions about the future of clean energy and carbon emissions in the U.S. To understand the impact, let’s look at some important context.
Renewable electricity purchasing in the commercial, industrial, and institutional sector (C&I) has exploded, bolstered by rapidly falling prices and improvements in technology. NGO mandates, such as the Scope 2 protocol, have further driven market development around the world.
ENGIE NA and Holyoke Gas & Electric (HG&E) today announced plans for the largest utility-scale energy storage installation in Massachusetts. Green Charge, an ENGIE NA subsidiary, will operate the three-megawatt energy storage system at Mt. Tom Solar, which began operation in January of this year adjacent to the former Mt. Tom Power Station. The system will be used to optimize intermittent solar energy and reduce utility capacity costs for HG&E, the system’s customer, while reducing stress on the HG&E distribution system. This project will contribute to rate stabilization for HG&E customers over the next 20 years.
Getting your supplier to help you use less of their product may seem counterintuitive, but that is exactly what Domtar’s procurement team did with our pulp bleaching chemical supplier. And thanks to the strategic partnership we have built with them, they agreed to help us.
By leveraging our supplier’s chemical expertise and our process knowledge, we identified opportunities to improve chemical efficiency through audits at all of our mills with bleach plants.
For growing maritime nations like Indonesia and the Philippines, integrated liquefied natural gas (LNG) receiving terminals and gas-fired gen can help balance the power mix. Although coal remains the No. 1 fuel choice, LNG and gas-to-power development could gain momentum, according to this year’s Electric Industry Report.
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