ESG & Industry Updates

The UN’s Climate Change Conference, or “COP28” Summit was held from November 30 through December 13^th in Dubai, UAE. The Conference consisted of 150 heads of State and Government and 85,000 participants representing countries, organizations, etc. This year’s summit focused on where the world is in relation to the goals initially outlined in the Paris Agreement (forget what that is? Refresher here: LINK). Spoiler alert – the world is nowhere near achieving the goals outlined, and the focus became how the countries involved can speed up their action on climate change mitigation through multiple avenues.

Topics: methane, Climate Change, Carbon Emissions, renewable energy, paris accord

As we have been discussing, the US National Blueprint for Transportation Decarbonization breaks the Transportation sector into seven categories, each of which has its own targets for emission reduction/elimination, and strategies for how those declines in emissions will be achieved. The next category addressed in the Blueprint is pipelines.

Topics: methane, Carbon Emissions, Biden Administration, decarbonization, pipeline

Independent research organization Climate Central published a report recently that showed how the national capacity for solar and wind generated power shot up in 2022. The report comes just as the Biden Administration begins rolling out billions of dollars to renewable energy projects as part of its commitment to decarbonizing the grid completely by 2030 and getting the US to net zero emission by 2050.

Topics: Solar, Carbon Emissions, renewable energy, Biden Administration, offshore wind, decarbonization

 

Topics: EPA, Carbon Emissions, railcar regulations, renewable energy, Biden Administration, decarbonization

As we have been discussing, the US National Blueprint for Transportation Decarbonization breaks the Transportation sector into seven categories, each of which has its own targets for emission reduction/elimination, and strategies for how those declines in emissions will be achieved. The next category addressed in the Blueprint by emissions % is Off-Road Vehicles and Mobile Equipment.

The Off-Road Vehicles and Mobil Equipment segment includes a LOT, from heavy mine drilling equipment and excavators to dirt bikes and lawn mowers. The off-road segment is accountable for approximately 10% of emissions, but where 79% of the segment uses diesel, the changes that would be applicable to the medium and heavy duty (on road) sector would carry over fairly cleanly to the off-road sector, which is why they make sense to address in tandem. We saw a similar approach to this with the transition to ultra low sulfur diesel – the initial priority was on road vehicles, as they are more uniform in fuel technology requirements and also contribute more on emissions. Once the tech is there for on-road, its fairly simple to adopt it down into the off-road sector for diesel fueled equipment.

Topics: EPA, Carbon Emissions, Biden Administration, decarbonization

As we have been discussing, the US National Blueprint for Transportation Decarbonization breaks the Transportation sector into seven categories, each of which has its own targets for emission reduction/elimination, and strategies for how those declines in emissions will be achieved. The second segment by emission % is Medium- and Heavy-Duty Vehicles.

Topics: EPA, Carbon Emissions, Emissions, Biden Administration, paris accord, decarbonization

The US National Blueprint for Transportation Decarbonization splits the Transportation sector into seven categories of focus: Light-Duty Vehicles, Medium- and Heavy-Duty Vehicles, Off-Road, Rail, Maritime, Aviation, and Pipelines. We will discuss the major items involved in each of these, from largest % of carbon share to least, starting with Light Duty Vehicles.

Light-Duty Vehicles produce 49% of current transportation emissions (of note, for the purposes of the Blueprint “current” refers to 2019 levels due to the pandemic and related shutdowns making 2020 & 2021 data unreliable/useless).

Topics: EV Charger, EPA, Carbon Emissions, Emissions, Biden Administration, ev, DOT, decarbonization

January 10^th, 2023 the Biden Administration released the US National Blueprint for Transportation Decarbonization.

Topics: EPA, Climate Change, Carbon Emissions, DOT, decarbonization

In August of this year, Massachusetts Governor Charlie Baker signed into law House Bill 5060 “An Act Driving Clean Energy and Offshore Wind” into law

Topics: Mass DOER, Massachusetts, Climate Change, Carbon Emissions, boston

 

Topics: Carbon Emissions, Biden Administration, environmental justice, inflation, ev, Inflation Reduction Act, Carbon Capture