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Green dreams: Algae biorefineries could help in the race to net zero

Green dreams: Algae biorefineries could help in the race to net zero

The world is looking for new solutions to address the challenges we’re facing in the race to net zero. Things we rely on each day, like transport, agriculture and plastics are significant contributors to greenhouse gas emissions.

Enter algae. This diverse bunch of tiny organisms are emerging as a solution to a number of our fossil fuel problems.

Algae are aquatic photosynthetic organisms, which means they use sunlight, water, and carbon dioxide to grow. Examples include seaweeds, microalgae, plankton and phytoplankton. There are thousands of distinct types of algae. And each type has specific uses and benefits that we are only just starting to discover.

 

From pond to pump: Know your algae

Algae fall into two main groups:

  • Microalgae: these are single-celled photosynthetic micro-organisms, which can live in salt or freshwater.
  • Macroalgae: these are multicellular aquatic plants that also photosynthesize. There are three types: green, red and brown. Each has different proteins, carbohydrates and fats which lend themselves to various uses.

Getting to net zero means we need to change our industrial processes. We need to increase efficiency of our traditional agricultural systems. And we also need to expand our ability to produce products like food, fuel and chemicals from new sources that are not reliant on fossil fuels. This is where algae come in.

 

Realizing the potential of algae biorefineries

Algae are promising because they don’t compete for land, freshwater or other precious resources, and produce high yields. They can also help purify the waters in which they grow by removing excess nutrients that lead to poor water quality.

Dr. Anusuya Willis is the Director of our Australian National Algae Culture Collection. She says much of the potential of algae is yet to be realized.

“The future of algae needs to be tempered because of a lack of fundamental research. None of the solutions will happen quickly but we need to make progress,” she says.

Warren Flentje is the Industrial Decarbonization Lead for our Towards Net Zero Mission. Warren believes algae biorefineries could be the solution to several of our challenges. These facilities are similar to traditional biorefineries that process biomass, but algal biorefineries specifically use algae as the raw material. However, this technology is in the early stages of research, and requires more investment before it’s ready to be rolled out.

“Algal biorefineries provide ingredients to make fuel, as well as other products like oils and plastics, and even new proteins for our diets or base products for health or cosmetic end uses,” Warren says.

“We need to do more with less—in our existing systems. And at the same time, we need to be working on the systems of the future.”

 

A sustainable source of bioenergy and biofuels

Biofuels can be a renewable and sustainable fuel for transport. Made from biomass, it can be used as an alternative to fossil fuels. Biomass is material from living things like agricultural crops and waste, animal fats and vegetable oils.

However, growing crops specifically to make biofuel takes up valuable agricultural land, which is already under increasing pressure from our food systems. So, we need new ways of producing the biomass feedstock that go into biofuels. Which is why we are looking at algal biomass and other future feedstocks.

Demand for biofuels is increasing. It’s being driven by increased oil prices and climate change policies. People are already starting to reduce emissions with biofuels by using E10 (regular unleaded petrol with 10% plant derived ethanol) or by using sustainable aviation fuel.

 

Algae as a livestock feed additive

FutureFeed is a supplement for livestock made from a type of native seaweed (Asparagopsis). It can reduce methane emissions by more than 80% in cattle, sheep and goats. This is important because each molecule of methane has 28 times the warming potential of carbon dioxide (on a 100-year scale). This makes methane a potent greenhouse gas for our warming atmosphere.

Asparagopsis seaweed contains bioactives, which are compounds that have a biological effect and can interact with the microbes in a cow’s stomach. They disrupt the normal processes that would lead to the formation of methane gas.

Dr. Michael Battaglia is a Director at FutureFeed and leads our Towards Net Zero Mission.

“FutureFeed, a great Australian innovation, looks promising. But for these solutions to create impact, we need to focus on scaling seaweed cultivation, aggregation and processing,” Michael says.

FutureFeed has been driving commercialization of Asparagopsis, with licensees growing the product. We’re continuing to research and develop the product to drive adoption. However, we need to attract more investment in sustainable seaweed farming and speed up the regulatory process.

 

Seaweed can help tackle climate change and biodiversity loss

Seaweed ecosystems could also become strong nature-based solutions to tackling climate change, biodiversity loss and help protect our coastlines. Kelp is a kind of macroalgae, which creates large underwater forests. Kelp forests cover an area more extensive than coral reefs or rainforests.

Through photosynthesis, kelp use sunlight, water and carbon dioxide to grow. This converts carbon dioxide to organic biomass for short-term storage. If kelp is not grazed, consumed or decomposed, it can be buried in seafloor sediments or transported to the deep ocean. There it acts as long-term carbon removal to help mitigate emissions.

“A lot more work needs to be done in this area to accurately measure the long-term storage of carbon captured via kelp forests,” Anusuya says.

Maintaining healthy seaweed and kelp ecosystems is part of the puzzle in protecting our oceans.

“If we want to use kelp in the ecosystem restoration economy, we need to incentivize kelp protection and restoration through carbon value,” says Anusuya. “But the value of kelp in the carbon cycle is complex and ways to monitor sequestration aren’t yet fully understood.”

 

Challenges of scaling up algal-based solutions

Each type of algae comes with unique challenges. As demand for algae grows, we need to make sure we work to manage cultivation and farming to ensure sustainability.

Microalgae can be grown on land in controlled bioreactors. But for it to be useful, we need to invest in new ways of harvesting algae on a large scale. It is all about understanding how to grow algae in the most efficient way. On the other hand, we can’t control the environments of macroalgae as much, because they grow and are farmed along our coastlines. To unlock the ability of kelp to retain carbon, while restoring balance and boosting biodiversity, we need to follow an ecosystem-based approach to sustainably manage kelp forests and protect the ecosystem.

For all these algae-based solutions, scaling up has challenges. But algae have a role to play in working towards net zero. They can increase efficiency in our traditional agricultural systems, while expanding our ability to produce products like food, fuel and chemicals from new sources. It’s why we are working with research and investment to scale and de-risk some of these solutions to increase adoption.

 

 

 

Aquifer Thermal Energy Storage for Renewables

Aquifer Thermal Energy Storage for Renewables

It’s Not All About Energy Generation

When the topic of decarbonization comes up, oftentimes, we think of transportation or energy generation. These issues are important, as vehicle emissions are a major problem, as well as emissions from fossil fuel power generation. However, while important, these issues only partially show the roadblocks to moving towards a green future.

Another component that needs to be addressed in the conversation is energy storage and efficiency in renewable energy.

Wind and solar energy are important and rapidly developing technologies but are dependent on weather conditions that vary from month to month and from year to year. In colder months, when houses need to heat, that is when significantly less sunlight is present, thus driving down the available energy to heat them.

This is why energy storage is crucial to the conversation regarding renewable energy, but other solutions might mitigate this problem if properly implemented. This is how aquifer thermal energy storage (ATES) could help assist in cooling and heating buildings, reducing the reliance on other renewable energy sources.

How About Aquifer Thermal Energy Storage?

Energy storage is a difficult topic to address, as the technologies required to implement large-scale grid energy storage require, ironically, a lot of energy. This isn’t helped by the fact that hydrogen energy storage systems right now lose a significant amount of the energy stored.

This is why reducing the grid energy demand is important to implement renewable energy systems successfully. Aquifer thermal energy storage is an interesting form of renewable energy specific to the heating and cooling of buildings because it ties in directly with the seasons that affect solar energy so much.

It works by utilizing two wells connected to the same groundwater reservoir. Cold groundwater is pumped up to cool the building during the summer, then stored. The same process happens in winter but in reverse. Warm groundwater is pumped up into the building, then stored.

Aquifer thermal energy storage systems can also store excess heat from industrial operations, similar to the geothermal systems being deployed in decommissioned oil wells. This process can help bridge the gap between the seasonal availability of renewable energy while at the same time decarbonizing the heating and cooling sector.

This system is also useful because it can make energy infrastructure more resilient by reducing the demand currently placed upon it by heating and cooling. According to a study in Science Direct, Aquifer thermal energy storage systems could reduce reliance on fossil fuels for energy by up to 40%.

New Tech can Help but not Solve Inherent Limits

The importance of renewable energy in the transition to a greener world cannot be understated. However, it is also important to recognize that there are limitations to the technology currently available.

Going forward, there are certainly ways that renewable energy, specifically solar, can become more efficient; the issue of seasonal availability will always be there. This is why alternative methods of addressing needs like heating and cooling are as important.

The issue of energy storage is also important because bridging the gap between availability and need is necessary for making renewable energy a viable alternative to our current fossil fuel energy generation system.

 

 

 


 

 

 

Source Happy Eco News

 

UK Government confirms £32.9m boost for walking and cycling schemes

UK Government confirms £32.9m boost for walking and cycling schemes

The Department for Transport (DfT) confirmed the £32.9m scheme on Monday (2 January), timing the announcement with the New Year in recognition of the fact that many Brits will be making resolutions to walk or cycle more.

Councils will need to apply for a share of the funding and will need to clarify their plans for ‘capability’ improvements and improving infrastructure. The former refers to training and retaining local members of staff – including engineers, planners and facilitators – to develop and deliver schemes. Staff will be supported to plan, consult, deliver and communicate schemes.

“Developing teams that lead active travel programmes will create more cost-effective and well-targeted projects,” the DfT said in a statement.

The DFT has stated that infrastructure options that could be eligible for funding include walking and cycling infrastructure on high streets, safety zones around schools and roads suitable for pedestrians, cyclists and wheelchair users.

Safety will be the main focus of all new designs and routes, given that DfT research has concluded that safety concerns are the top deterrent to cycling. These concerns impact women in particular, with eight in ten women polled by the DfT in support of more protected cycle lanes.

Aside from infrastructure, the funding will support cycle training schemes, school walking groups and subsidized bike rental schemes.

“If we want to enable hundreds of thousands more people to walk, wheel and cycle for everyday trips then we need to deliver high-quality schemes that make it feel easy, fun and safe,” said the Government’s National Active Travel Commissioner Chris Boardman.

“Of course, ensuring the right technical skills are in place at a local level is vital but so is engagement. Survey after survey has shown strong community support for making space for active travel but it’s vital that people get strong input into helping to decide what is the right solution for their area.”

Policy: Shifting gear?

The UK Government pledged £2bn to walking and cycling as part of its Covid-19 recovery plans – specifically the Ten-Point Plan for a Green Industrial Revolution. The Plan also earmarked £3bn for decarbonising and expanding public transport networks.

It has since trialled ‘cycling on prescription’.

Nonetheless, the Government has repeatedly been warned that its plans for decarbonising transport do not place enough of a focus on modal shift – the need to ensure that more journeys are taken using active transport and other zero or low-carbon options. The Climate Change Committee’s (CCC) most recent annual progress report to Parliament confirmed that the Transport Decarbonisation Plan, if enacted in full, will likely only bring about half of the emissions reductions needed through to the mid-2030s.

The current cost-of-living crisis may be a reason for the Government to rethink its approach. It is capping bus fares on thousands of routes across England at £2 until the end of March, recognising that costs and Covid-19 concerns have deterred members of the public from bus use in recent years. In launching the new walking and cycling funding, the DfT emphasised Cycling UK research concluding that motorists could save £126 per year by replacing short car journeys with bike rides.

 

 


 

 

Source edie

Maersk launches the world’s first offshore electric vessel-charging station venture

Maersk launches the world’s first offshore electric vessel-charging station venture

Maersk Supply Service, a subsidiary of Danish shipping giant Maersk, is launching Stillstrom – an offshore vessel-charging venture to support the decarbonization of the maritime industry by eliminating idle emissions.

 

Maersk’s offshore charging venture

Stillstrom will deliver offshore electric charging solutions to vessels at ports, hubs, and offshore energy operations.

Offshore charging for idle vessels is critical to facilitating the decarbonization of the maritime industry, since it allows vessel owners to replace fossil fuels with electricity while moored to a charging buoy (image above).

Stillstrom and Danish wind giant Ørsted will demonstrate the world’s first full-scale offshore charging station for vessels at an offshore wind farm in third quarter 2022. Stillstrom’s power buoy will supply overnight power to one of Ørsted’s Service Operations Vessels (SOV). Ørsted will be responsible for the grid integration of the charging buoy.

 

 

Ørsted will publicly share the intellectual property generated during the design of the buoy’s integration into the offshore wind farm in order to encourage uptake of the charging buoy in the offshore wind sector.

The charging buoy will be large enough to charge an SOV-sized battery- or hybrid-electric vessel. It will be scaled and adapted to supply power to larger vessels, enabling vessels of all sizes to turn off their engines when lying idle.

By substituting fossil fuels with clean electricity, virtually all emissions and noise pollution are eliminated while the buoy is in use.

 

Sebastian Klasterer Toft, venture program manager at Maersk Supply Service, said:

The mission is to remove 5.5 million tons of CO2 within five years of commercial rollout, additionally eliminating particulate matter, [nitrogen oxides] and [sulfur oxides].

 

Dirty shipping

This announcement is welcome news, as climate pollution from the booming international shipping sector rose by nearly 5% last year, according to a new report from shipbroker Simpson Spence & Young.

Bloomberg reported that ocean-freight carriers pulled in estimated profits of $150 billion in 2021 — a nine-fold annual jump after a decade.

International shipping currently accounts for around 3% of global climate pollution. To put that in perspective, it’s more than all coal-fired power plants in the United States combined, and more than the emissions of Germany.

 

Dawny’all Heydari, campaign lead of the Ship It Zero Campaign at Pacific Environment, said:

Now is the perfect time for international ocean shipping companies to invest their record profits into a horizon of hope for our shared future on this planet.

Carriers CMA-CGM, MSc, Cosco, Evergreen, and Yang Ming must commit to a 100% zero-emissions supply chain this decade, following initial leadership by Maersk. Their top big retail customers, Walmart and Target, must urge this speedy transition.

Black and brown frontline communities are bearing the brunt of fossil-fuel spewing ocean cargo ships and the problem is only getting more severe with each passing day. It’s about time that the shipping sector takes its responsibility seriously and stops hurting our port cities and oceans in the name of profits.

 


 

Source Electrek

A new carbon capture method turns CO2 into solid carbon ‘In an instant’

A new carbon capture method turns CO2 into solid carbon ‘In an instant’

A new decarbonization technology developed by RMIT University researchers in Australia instantaneously turns CO2 into solid carbon, a press statement reveals.

The team claims their method is commercially viable and that it could soon be deployed in aid of global efforts to reduce the ongoing effects of the climate crisis.

 

A ‘radically more efficient’ method

The new method is based on an existing experimental carbon capture technique that utilizes liquid metals as a catalyst. “Our new method still harnesses the power of liquid metals but the design has been modified for smoother integration into standard industrial processes,” explains Associate Professor Torben Daeneke, a co-lead researcher of the project. “As well as being simpler to scale up, the new tech is radically more efficient and can break down CO2 to carbon in an instant,” he continues.

 

 

The RMIT team’s technique uses liquid metal heated to between 212-248°F (100-120°C). This heated metal is then injected with CO2 to kickstart the required chemical reaction. The CO2 gas bubbles up to the surface of the liquid metal, leaving flakes of solid carbon behind in a reaction that only takes a second. “We hope this could be a significant new tool in the push towards decarbonization, to help industries and governments deliver on their climate commitments and bring us radically closer to net zero,” Daeneke continues.

“It’s the extraordinary speed of the chemical reaction we have achieved that makes our technology commercially viable, where so many alternative approaches have struggled,” Dr. Ken Chiang, a co-lead researcher, adds.

 

 

Is the rise of commercial carbon capture a good thing?

The team of researchers has filed a provisional patent application and RMIT has signed a 2.6 million dollar agreement with environmental tech startup ABR, aimed at commercializing the technology. It is one of many carbon capture methods in the process of being commercialized globally.

Another team of researchers from the University of California, Los Angeles, recently announced that it had developed a technique that mimics the seashell forming process to suck carbon out of the oceans. This would have a positive knock-on effect, as the less carbon there is in the ocean, the more it can absorb from the atmosphere. In Scotland, meanwhile, a new carbon capture facility will remove up to 1 million tons of CO2 from the atmosphere per year.

While carbon capture technology does have the potential to help in efforts towards carbon neutrality, scientists do caution that it must not be viewed as a replacement for widespread initiatives aimed at curbing the emissions of the fossil fuel industry. In July last year, for example, the U.S. Center for International Environmental Law wrote that carbon capture could act as a “dangerous distraction” that could delay the transition away from fossil fuel consumption.

 


 

Source Interesting Engineering

‘Cool’ roofs, cooler designs as the building industry embraces energy sustainability

‘Cool’ roofs, cooler designs as the building industry embraces energy sustainability

The southwestern New Mexico town of Columbus, site of a 1916 raid by Pancho Villa, is now home to a border entry center that is powered by the sun and landscaped with recycled concrete “sponges” that harvest rainwater.

An apartment complex in Los Angeles created expressly for formerly homeless men and women has features that maximize natural light and airflow, a roof designed to minimize heat inside the units during summer, and a rooftop garden that attracts migratory birds.

And across the country in Brooklyn, e-commerce giant Etsy established its headquarters in a 200,000-square-foot building that previously housed a printing press for Jehovah’s Witnesses, then renovated and retrofitted so it is powered by renewable energy.

All three sites, spotlighted last year by the American Institute of Architects in its top-10 list of sustainable projects, reflect the expansive reach of “low-energy” design strategies and the building industry’s embrace of sustainability as a de facto imperative. They’re part of a remarkable evolution, one that could prove crucial since the building sector globally accounts for at least 40 percent of the world’s emissions of carbon dioxide — far more than transportation sources.

Formerly homeless people live at the Six, an apartment complex in the MacArthur Park neighborhood of Los Angeles designed for optimal energy efficiency. (Brooks + Scarpa)

 

Some advocates think the U.S. sector can achieve net-zero emissions within 20 years, a decade ahead of President Biden’s net-zero goal for the country. The administration’s initiative includes new codes and efficiency standards for homes, appliances and commercial buildings — and a clean electric grid. Dozens of cities and states are moving forward with their own measures.

“Decarbonization of the sector is inevitable,” according to Edward Mazria, founder of Architecture 2030, a nonprofit organization based in Santa Fe, N.M., that aims to reconfigure the built environment as part of the solution to global warming.

The past several years served as an “urgent call to action,” he thinks, with devastating storms and wildfires on several continents, profoundly diminished Arctic sea ice, and the highest global temperatures in recorded history. “It’s not a matter of if we transition to renewables, but whether it will be fast and well-orchestrated enough to avert irreversible climate chaos.”

In Santa Fe, N.M., architect Edward Mazria leads a nonprofit organization focused on making the built environment part of the solution to global warming. (Ramsay de Give for The Washington Post)

 

Since the nation’s building stock started its rapid expansion more than two centuries ago, the energy all that construction consumed and the greenhouse gases it then emitted have only increased — dramatically so.

But the numbers began changing in 2005 as building efficiency gained traction. Despite the building sector producing an additional 50 billion square feet in the past 15 years — housing, office parks, skyscrapers, hospitals, factories, schools, shopping centers and other commercial projects — its energy consumption actually dropped 5 percent and emissions fell 30 percent, data from the U.S. Energy Information Administration show.

In Mazria’s view, building “green” is not a hard sell, especially given cost-effective design approaches that can produce high-performance buildings with little to no energy consumption or emissions. Strategies include considering a structure’s shape and orientation on a site, adding “cool” roofs that reflect more sunlight and absorb less heat, and more.

“In 50 years, I’ve never heard a client say they want an inefficient building that costs more to operate and damages the environment,” Mazria said.

Sierra Atilano echoes his sentiment in Los Angeles. She is chief real estate and investment officer for Skid Row Housing Trust, which commissioned the apartment complex in the city’s MacArthur Park neighborhood where formerly homeless people, some of them veterans, now live. Passive design approaches such as the building’s exposure to prevailing winds make it 50 percent more energy efficient than conventionally designed counterparts, according to the architectural firm Brooks + Scarpa.

“Adding sustainability is a no-brainer in developing equitable housing,” Atilano said. “Affordable housing should be designed on par with market rate housing; it’s important not just for the residents but for the community at large — and the environment.”

While new construction is the obvious target for low-energy design, the American Institute of Architects also emphasizes the need to adapt and retrofit existing buildings — an especially salient point given how the pandemic has depressed demand for commercial and office space. The curriculums at the country’s leading architecture schools reflect this reality and the opportunities it offers.

“The median age of commercial buildings in the U.S. is 36, with almost a third of commercial buildings over 50 years old,” noted Erica Cochran Hameen, co-director for the Center for Building Performance and Diagnostics at Carnegie Mellon University’s School of Architecture. “Knowing most of our students after graduation will work on projects that involve an existing building, it is critical to educate them on advanced retrofit and building upgrade design strategies and technologies.”

The results increasingly are quantified. There are benchmarking policies and performance metrics. The 2021 International Energy Conservation Code set new minimum efficiency standards for myriad construction elements, part of “lifecycle accountability” for a building. Jurisdictions that adopt the code’s zero-carbon approach “have an avenue to ask for annual performance data and measure on-site energy generation and off-site energy procurement,” explained Anica Landreneau, sustainable design director for the global firm HOK.

In fact, cities from Portland, Ore., to Portland, Maine, now require such data, and Landreneau sees that as a positive. “Both benchmarking and performance standards trigger retrofits, which create domestic jobs while reducing carbon emissions, increasing energy security and improving quality of life for building occupants,” she said.

The Los Angeles-based architectural firm Brooks + Scarpa designed the Six complex to minimize summer heat inside its 52 apartments. (Brooks + Scarpa)

 

Yet home builders have a different take on regulatory mandates, instead supporting “voluntary, above-code programs,” Jaclyn Toole of the National Home Builders Association said. “Maintaining housing affordability must be the cornerstone to any efforts to create greener and more efficient homes.”

And fossil-fuel interests continue to oppose proposals to eliminate natural gas equipment in buildings, successfully pushing legislation in at least 12 states to bar any exclusion. “Policies that would force people to replace natural gas appliances with electric ones could be burdensome to consumers and the economy, have profound impacts and costs on the electric sector and be a very costly approach for a relatively small reduction in emissions,” said Jake Rubin, a spokesman for the American Gas Association.

Environmentalists counter Rubin’s argument by emphasizing the magnitude of what energy improvements achieve in cost savings and decreased emissions — billions of metric tons in this country alone.

“Efforts by gas utilities to fight [building] electrification represent one of the biggest threats facing the planet now,” said Rachel Golden of the Sierra Club, citing a major U.N. report on methane. “Every time a new home or building is connected to the gas system … we’re expanding the use of gas.”

A clear shift seems underway, however. In California, advocates are working to get gas out of new construction through the state energy code. More than 40 cities and counties have already passed measures requiring or encouraging that fossil fuel energy be phased out in favor of building electrification, and the Sierra Club counts more than 50 other jurisdictions in the state that are weighing such policies.

Elsewhere are similar signs of transformation. Burlington, Vt., which became the nation’s first city to go all-renewable after opening a hydroelectric facility in 2014, intends to levy a carbon fee on new buildings that connect “to fossil fuel infrastructure.” In New York City, where a recent, top-to-bottom retrofit of the iconic Empire State Building nearly cut its operational carbon emissions in half, officials are considering a gas phaseout for all new construction.

Legislation is pending in Colorado to support building electrification, establish standards for energy performance and limit emissions from gas utilities. Laws to require or encourage gas-free construction are already on the books in Massachusetts and Washington, the state that is considered the vanguard of the movement.

Kjell Anderson, the director of sustainable design at LMN Architects in Seattle, helped craft that city’s new building code. The regulations, which will phase out gas in new commercial buildings, were a direct response to Seattle’s increased greenhouse emissions between 2016 and 2018.

He predicts emissions will drop each year as buildings go all-electric and the local grid adds more renewable energy. The biggest unknown is the balance required between on-site renewables, the grid and energy storage, which he says calls for region-specific approaches.

“Nearly all ‘net-zero’ buildings generate excess energy on many days, while they draw grid power at other times,” Anderson said. “With the rapid expansion of clean-energy development and the significantly reduced cost of renewables, energy flows both ways, so utilities are becoming energy managers instead of just energy generators.”

Like so many of his colleagues and contemporaries, he thinks the transition to a carbon-neutral economy must be expeditious: “The task at hand is scaling the solution — efficiency, electrification and renewable energy — to the scope and urgency of the climate crisis.”


By Ben Ikenson

Source The Washington Post

Unilever, Google and Amazon among new Business Alliance to Scale Climate Solutions

Unilever, Google and Amazon among new Business Alliance to Scale Climate Solutions

Humanity is falling short of its climate goals. More investment is urgently needed—especially in the next decade—to transition to a low-carbon economy. The IPCC estimates that achieving a low-carbon transition will require US$1.6-$3.8 trillion annually between 2016 and 2050 for the supply-side energy system alone. Alongside ambitious emissions reductions from their own carbon footprints, funding from businesses—including carbon credit purchases, philanthropy, and impact capital—can be catalytic in scaling investment in the climate solutions necessary to achieve a just and sustainable 1.5°C future. The impact in play is enormous. For example, natural climate solutions have the potential for capital flows greater than $100 billion annually, with opportunity across the world and especially in the Global South.

 

Led by founding businesses AmazonDisneyGoogleMicrosoft Corp.NetflixSalesforceUnilever, and Workday, and partners Environmental Defense FundUnited Nations Environment Programme, and World Wildlife Fund (WWF-US), with global sustainable business organization BSR serving as Secretariat, BASCS aims to gather and disseminate information and opportunities for and from peers, practitioners, and experts, including sharing best practices, funding opportunities, and research and insights to scale and improve climate solutions.

Significant momentum exists: Many organizations and initiatives are already working with funding from businesses to deploy climate solutions. The BASCS offers an opportunity to help connect and support these initiatives and the surrounding community of practice by providing a central, neutral platform for businesses and experts to meet, learn, discuss, and act together.

 

 

 

 

The work will be grounded in core principles:

Emissions Reduction: BASCS members prioritize work to reduce their own emissions in line with a science-based target (e.g., through the SBTi) and pursue high impact climate investments that go even further to curb climate change. Members will seek scalable solutions to help make hard-to-achieve reductions feasible in the future. Climate solutions funding is a complement rather than a substitute for science-based emissions reductions.

 

Ambition to Action: BASCS members work to catalyze and deepen investments in global emissions reductions, avoided emissions and removals across and beyond value chains (e.g., mobilizing others in the corporate sector to invest alongside us).

 

Measurable Impacts: BASCS members support applying sound and verified methodologies to ensure high social and environmental integrity of investments. Carbon credits claimed by companies must represent additional, real, quantifiable, and verifiable emissions reductions or removals, and must not be double counted.

 

Co-Benefits: BASCS members support investments that deliver environmental and social integrity and co-benefits and have strong safeguards, in addition to driving real greenhouse gas emissions reductions. Members will seek investments that quantify these co-benefits when possible.

BASCS seeks to serve and engage all organizations working to scale and improve climate solutions opportunities for business investment. To learn more and engage with the Business Alliance to Scale Climate Solutions, please visit scalingclimatesolutions.org

 

Founder Commentary

Amazon “As part of our commitment to The Climate Pledge, Amazon is on our way to achieving net-zero carbon emissions by 2040, which is good for the planet, people and our business. We remain focused on driving decarbonization strategies throughout our business, as well as investing in additional and quantifiable natural climate solutions to remove carbon and tackle climate change. We look forward to continuing to work across sectors with BASCS to accelerate the transition to a low-carbon economy.” – Kara Hurst, Vice President, Worldwide Sustainability

 

BSR “In this Decisive Decade, we need urgent climate action to meet the goals of the Paris Agreement and achieve an inclusive net zero economy. BSR is proud to serve as the secretariat for the Business Alliance to Scale Climate Solutions, advising the initiative in its effort to unlock finance for much needed climate solutions. We believe collaborations such as BASCS are key to transforming climate ambition into meaningful action and scaling impact.” – Aron Cramer, President and CEO

 

Disney “The Walt Disney Company is committed to protecting the planet and delivering a positive environmental legacy for future generations as we operate and grow our business. Transitioning to a low carbon economy demands fundamental changes in the way society, including the private sector, operates and innovates. Collaborating with other members of BASCS will create opportunity to scale high quality climate solutions necessary to drive a more sustainable future.” – Vijay Sudan, Executive Director, Enterprise Social Responsibility, The Walt Disney Company

 

EDF “The time is now for companies to take bold action on climate change. We have 10 years to dramatically reduce emissions and there is no way we can achieve a stable climate without stopping deforestation. The Business Alliance to Scale Climate Solutions can help close the climate funding gap and speed resources to protect what is most valuable. It is the kind of visionary leadership and action we need from the world’s biggest and most influential companies.” – Elizabeth Sturcken, Managing Director, EDF+Business

 

Google “At Google, we were the first major company to become carbon neutral in 2007 and we’ve met this commitment for over a decade. We look forward to working with the BASCS to share our learnings and accelerate our collective work to decarbonize.” – Kate Brandt, Google Sustainability Officer

 

Microsoft “The climate crisis is the defining challenge of our lifetimes. If we are to achieve a 1.5-degree Celsius future, we will all need to work together. Today, we are joining the Business Alliance to Scale Climate Solutions, working with other members to accelerate the maturation and scale of a range of climate solutions.” – Elizabeth Willmott, Carbon Program Manager, Microsoft.

 

Netflix “Netflix has committed to achieve Net Zero emissions by 2022. We will get there by reducing our internal emissions in line with climate science and by investing in the power of nature to retain and reduce emissions from the atmosphere, starting with natural ecosystems like forests above-and-below water. Scaling up the highest quality projects to “retain” and “reduce” emissions is best done collaboratively, which is why we look forward to this timely collective effort taking flight.” – Emma Stewart, Netflix Sustainability Officer

 

Salesforce “The time for climate action is now. Every business, government and individual must step up to the urgent challenge of climate change and to create an inclusive and sustainable future for all. At Salesforce we believe that business can be one of the greatest platforms for change. That is why we are proud to be a founding member of BASCS, an initiative to rapidly scale and improve climate solutions funding from businesses.” – Patrick Flynn, Head of Sustainability at Salesforce

 

UNEP “Drastically reducing deforestation and simultaneously restoring forests is the single largest nature-based opportunity for climate mitigation. UNEP is therefore proud to be a co-founder of the Business Alliance to Scale Climate Solutions, supporting the private sector’s climate ambitions for deep cuts in their own emissions – working towards high-integrity outcomes for carbon neutrality by 2050 or sooner.” – Susan Gardner, Director of the Ecosystems Division

 

Workday “We are committed to a 1.5 degrees Celsius science-based target, but we know there is still much more work to be done, and one of the most powerful ways we can accelerate climate action is by coming together with other organizations. This alliance is an opportunity to collaborate with others who share our vision to increase the scale and impact of climate solutions funding, so we can achieve a zero-carbon future.” – Erik Hansen, Senior Director, Environmental Sustainability, Workday

 

WWF “To tackle the climate crisis, we need to act immediately to drive climate emissions down. BASCS highlights that business must set science-based targets for their own emissions while bringing the investment in solutions to scale. WWF is excited to help found this clearing house for collaborative learning and support companies to make impactful investments to tackle the climate crisis.” – Marcene Mitchell, Senior Vice President for Climate Change

 

SOURCE The Business Alliance for Scaling Climate Solutions (BASCS)

 


 

Source PR Newswire

Shell Singapore unveils decarbonization strategy. What does it mean for the nation’s energy industry and workforce?

Shell Singapore unveils decarbonization strategy. What does it mean for the nation’s energy industry and workforce?

Shell Singapore is aiming to cut its CO2 emissions by around a third over the next 10 days – but the strategy will also reportedly come at the expense of 500 jobs.

Shell Singapore has outlined a 10-year plan which builds on the company’s overarching ambition to be a net-zero emissions energy business by 2050 or sooner.

Commenting, Aw Kah Peng, Chairman of Shell Companies in Singapore, said: ‘Today, our extensive presence in Singapore’s energy sector carries with it a carbon footprint. Our businesses in Singapore must evolve and transform, and we must act now if we are to achieve our ambition to thrive through the energy transition. Our decisive action today will help Shell in Singapore stay resilient and build a cleaner, more sustainable future for all of us.’

The company plans to accelerate the transition through three pillars, one of which involves providing low-carbon solutions for customers in sectors which are also important pillars of Singapore’s economy – including shipping.

Shell Singapore said that its Pulau Bukom Manufacturing Site ‘will pivot from a crude-oil, fuels-based product slate towards new, low-carbon value chains.’

Shell Singapore said: ‘We will reduce our crude processing capacity by about half and aim to deliver a significant reduction in CO2 emissions. Repurposing Bukom will not only involve significant changes in our refinery configuration, but also increased investments in our assets, and critically, in our people.’

However, these changes, said Shell Singapore, ‘will have a corresponding effect on our staff numbers.’

The company noted that as the Pulau Bukom Manufacturing Site transforms and becomes smaller and smarter, the resizing of operations ‘will result in fewer jobs but more highly skilled jobs as digitalisation and automation progress’.

Shell Singapore currently employs 1,300 staff, however, according to media reports, this number looks set to fall to around 800 after a spokesperson for the company confirmed that the company would be cutting 500 jobs by 2023.

 


 

Source Bunker Spot