Mainstream #EVs will transform the automotive industry and help decarbonize the planet.
Here's how đźš— đźš™ https://t.co/RDKefE7NKv pic.twitter.com/xeEexvx5O0
— McKinsey & Company (@McKinsey) September 15, 2021
“Hydrogen could represent a lifeline to Alberta’s oil and gas industry,” said Simon Dyer, deputy executive director of the Pembina Institute, an environmental think tank. “Alberta has a lot of the building blocks in place to be able to compete in this space and develop a thriving hydrogen economy.”
Home of the Oil Sands Eyes Cleaner Future as Hydrogen Superpower
“With the ever-increasing demand for solutions that enable sustainable, responsible shipping, we are confident that fuel cells will play an important role in helping the marine industry meet CO2 reduction targets,” said Juha Koskela, Managing Director, ABB Marine & Ports. “Signing the MOU with HDF brings us a step closer to making this technology available for powering ocean-going vessels.”
https://technologies.org/abb-brings-fuel-cell-technology-a-step-closer-to-powering-large-ships/
“U.S. Department of Energy (DOE) announced plans to provide up to $22 million for research aimed at achieving breakthroughs in the effort to capture carbon dioxide directly from ambient air. The initiative encompasses two concurrent funding announcements—one by DOE’s Office of Science (SC) and another by DOE’s Office of Fossil Energy (FE)—and will span the spectrum from fundamental research in materials and chemical sciences to field testing of prototypes.”
https://technologies.org/department-of-energy-to-provide-22-million-for-research-on-capturing-carbon-dioxide-from-air/
“Maritime shipping, which represents about 90% of international trade, accounts for 2.2% of global carbon dioxide (CO2) emissions. The U.N.’s International Maritime Organization (IMO) has a goal to cut greenhouse gas (GHG) emissions by 50% from 2008 levels by 2050.”
https://www.reuters.com/article/us-climatechange-shipping-oil/shipping-industry-must-act-to-meet-emissions-targets-path-unclear-irena-idUSKBN1XA0DR
“Speaking at the launch of the report from the Global Maritime Forum’s Annual Summit in Singapore, IRENA’s Director-General Francesco La Camera said it’s clear that the industry has recognised the urgent need to address its decarbonisation options. “Decarbonising transport is critical to a sustainable future. Shipping is a major contributor to transport emissions and it is encouraging that the industry has shown a clear willingness to engage the energy sector to exchange ideas on low-carbon pathways.”
“As the cost of renewables falls, the decarbonisation options available become increasingly competitive,” he continued. “By 2030 alternative low-carbon fuels could reach parity with heavy fuel oil, so it is vitally important that the ship industry prepares itself for a low-carbon future.”
https://www.irena.org/newsroom/articles/2019/Oct/New-Report-Identifies-Clean-Energy-Options-for-Global-Shipping-Industry
“In a recent development Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, announced a collaboration to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary fuel cells and SHI is one of the world’s largest shipbuilding companies. This landmark collaboration is a significant step that paves the road to wide adoption of fuel cell generators for marine propulsion in different segments of diverse maritime transportation market.”
Market Analysis
Decarbonisation of maritime shipping
Scania Pledges to Decarbonisation Target in Line With Limiting Global Warming to 1.5°C
SĂ–DERTĂ„LJE, Sweden, Sept. 23, 2019 — Scania responds to the call by the United Nations for business to step up and take bolder actions in tackling climate change. This includes committing to set a science-based target to reduce greenhouse gas emissions at the pace and scale that science dictates.
“Business has a vital role to play in limiting global warming and building the net-zero carbon economy of the future. Deciding to step up and signing the United Nations plea reinforces the work that we are already committed to, which is to drive the shift towards a sustainable transport sector,” says Scania’s President and CEO, Henrik Henriksson.
In the lead-up to the UN Climate Action Summit to be held 23 September in New York, business leaders have been challenged to set ambitious targets for their companies, in order to limit global temperature rise to 1.5°C above pre-industrial levels.
Scania has worked diligently over the past years to reduce emission levels generated from its own operations and transport footprint and has committed to a number of targets including cutting CO2emission both from its land transport[1] and its own operations[2] by half by 2025, as well as to switch to 100 percent fossil-free electricity by 2020[3]. However, the bulk of the CO2 emissions occurs when Scania’s products are in use. In this domain too, Scania has worked over decades to minimise emissions from its products through fuel efficiency measures. Since more than 25 years back Scania has provided the industry’s broadest range of products on the market that run on alternatives to fossil fuel. Part of what the company now commits to is to take this another big step forward and including the emissions from the use of its products in the https://www.marketanalysis.com/?p=9167“>decarbonisation target.
At the UN Climate Action Summit Scania is one of the companies tasked with highlighting the importance of the industry for the transition to a sustainable society. Henrik Henriksson will participate in both the summit and several other high-level activities in New York focusing on tackling climate change.
“In battling climate change, Scania has already taken many big steps. However, we need to continue this work and we need to make sure that others join us. We need to work in partnerships with others that share the same climate and sustainability ambitions as we do. This is what I will speak about at the UN Climate Action Summit,” Henrik Henriksson says.
To manifest its commitment Scania arranges a Climate Day on the eve of the UN Action Climate Summit, 20 September, when the 52,000 employees in more than 100 countries will stop their work for one hour and learn more about climate science and sustainability, as well as discussing how each team can contribute in their everyday operations.
[1] To cut CO2 emissions by 50 percent from its land transport per transported, using 2016 as the baseline [2] To cut CO2 emissions in its operations by 50 percent by 2025, using 2015 as the baseline [3] Where the necessary prerequisites are in place.SOURCE Scania
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