Technology: Page 6
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Renewable PPA prices continue to rise — and may do so through 2030, say LevelTen, Ascend analysts
Project delays, tariffs and a new round of supply shortages pushed renewable energy prices higher in the third quarter of 2024.
By Emma Penrod • Oct. 23, 2024 -
Michael M. Santiago via Getty Images
JPMorgan hires NOAA climate scientist to lead climate advisory practice
Sarah Kapnick rejoins the bank after a stint as the National Oceanic and Atmospheric Administration’s presidentially-appointed top scientist.
By Lamar Johnson • Oct. 22, 2024 -
The image by RM VM is licensed under CC BY-SA 4.0
Supreme Court rejects calls to put a hold on EPA power plant carbon rule
Utilities asking the court to stay the rule included American Electric Power, Duke Energy, MidAmerican Energy, PacifiCorp and Southern Co.
By Ethan Howland • Oct. 21, 2024 -
Courtesy of Climate Group
Climate Week NYC 2024: a retrospective on major announcements, deals
This year’s iteration of the event spanned across 600 events in the city, congregating business leaders, key decision makers and heads of government from all over the world.
By Zoya Mirza , Lamar Johnson • Oct. 21, 2024 -
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IBM acquires Prescinto to bolster renewable energy asset management capabilities
The acquisition is not just a tactical one, but plays into the company’s broader plan to expand its energy and utilities expertise, IBM’s VP of ESG and asset management product leader said.
By Lamar Johnson • Oct. 17, 2024 -
Justin Sullivan / Staff via Getty Images
Meta joins DOE initiative, pledges $35M for carbon removal projects
The tech conglomerate said the funding is a “direct response” to the Department of Energy’s carbon removal purchase program launched earlier this year.
By Zoya Mirza • Oct. 16, 2024 -
Brandon Bell via Getty Images
JPMorgan Chase, Capital One commit $260M to Arizona solar project
The tax equity financing deal for BrightNight’s Box Canyon project is structured to give the banks access to production tax credits.
By Lamar Johnson • Oct. 16, 2024 -
Romaset via Getty Images
DOE allocates $43M+ to advance industrial decarbonization technologies
The projects selected for the funding are expected to have implications for operators of industrial and commercial buildings, a U.S. Department of Energy official says.
By Nish Amarnath • Oct. 15, 2024 -
Brandon Bell via Getty Images
ExxonMobil, Texas ink deal for nation’s largest offshore CO2 storage site
The deal will allow the energy giant access to more than 270,000 acres of submerged land to store carbon dioxide under the surface of the Gulf of Mexico.
By Lamar Johnson • Oct. 14, 2024 -
Justin Sullivan / Staff via Getty Images
Amazon announces trio of climate fund investments for e-waste, low-carbon construction
The tech giant’s climate pledge fund participated in funding rounds for startups it believes will accelerate its path to net-zero by 2040.
By Lamar Johnson • Oct. 11, 2024 -
Matthew Horwood/Getty Images via Getty Images
Uber rolls out climate-focused features, updates to drive sustainability progress
The ride-share giant’s expanded green product suite will allow users to hail more electric vehicles and track the amount of emissions they avoid by choosing sustainable transport options.
By Zoya Mirza • Oct. 10, 2024 -
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Opinion4 ways tech can help CFOs navigate a tricky ESG landscape
This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.
By Emily Pierce • Oct. 10, 2024 -
Katie Pyzyk/ESG Dive
Consumers are confused by packaging sustainability claims
Between greenwashing, confusing terminology and a lack of information, a lot gets lost in translation, according to speakers from the National Retail Federation, NielsenIQ and others at recent industry events.
By Katie Pyzyk • Oct. 8, 2024 -
Permission granted by Siemens
Siemens’ free web tool aims to simplify decarbonization for commercial, industrial businesses
The Decarbonization Business Optimizer provides baseline carbon assessments supported by datasets from federal agencies such as DOE and the EPA, Siemens Financial Services says.
By Nish Amarnath • Oct. 2, 2024 -
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ESG and sustainability conferences to watch in 2025
Corporations will increasingly look for help in meeting ESG goals, while navigating the current U.S. political environment.
By Lamar Johnson , Zoya Mirza • Updated Jan. 16, 2025 -
Jeff J Mitchell via Getty Images
OpinionResults show carbon capture’s alleged promises are full of hot air
The happy-talk DOE press information says nothing about the difficulties associated with building a first-of-its kind technology and hooking it up to a large-scale electric generator.
By Dennis Wamsted • Sept. 30, 2024 -
Lisa-Blue via Getty Images
Schneider Electric’s building decarbonization tool aims to ease regulatory compliance
The new calculator allows building owners and operators to simulate energy-saving retrofits and evaluate their impact on emissions to aid compliance with laws such as New York City’s Local Law 97, the company says.
By Nish Amarnath • Sept. 30, 2024 -
Permission granted by Clifton Prescod for Dow Jones
Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say
Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.
By Zoya Mirza • Sept. 27, 2024 -
EPA warns landfill owners to meet gas monitoring and collection obligations amid noncompliance
The federal agency issued alerts that revealed its findings from over 100 inspections. It noted the climate impact of failing to control methane pollution and warned landfill owners that the agency would hold them accountable.
By Jacob Wallace • Sept. 27, 2024 -
Nic Antaya via Getty Images
White House backs $1B EV supplier fund
Monroe Capital’s managed fund is focused on helping small- and medium-sized auto manufacturers transition to electric vehicle production.
By Kate Magill • Sept. 27, 2024 -
Lamar Johnson/ESG Dive
Climate Week NYC 2024 kicks off with carbon removal deals, green banking coalition
The annual climate event launched with announced commitments to triple nuclear energy financing, decarbonization initiatives across the aviation sector and some carbon offset deals.
By Lamar Johnson • Sept. 24, 2024 -
Kwarkot via Getty Images
BlackRock, Microsoft, others form AI and energy infrastructure investment partnership
Microsoft President Brad Smith said the funding necessary to build out the data centers, AI factories and energy needed to power them “goes beyond what any single company or government can finance.”
By Lamar Johnson • Sept. 19, 2024 -
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US solar panel manufacturing jumps fourfold after Inflation Reduction Act
The sector is enjoying massive production investment thanks to the clean energy law, even as it contends with heightened tariffs.
By Joelle Anselmo • Sept. 19, 2024 -
Chet Strange via Getty Images
JBS unlocks renewable gas production at US beef and poultry plants
With help from GreenGasUSA’s on-site systems, the Brazil-based meat giant plans to transform methane from its wastewater streams into sustainable fuel.
By Nathan Owens • Sept. 18, 2024 -
Brandon Bell via Getty Images
Occidental’s 1PointFive secures up to $500M from DOE for carbon removal
The Department of Energy’s Office of Clean Energy Demonstrations will provide the funding to develop a direct air capture hub which can remove 500,000 metric tons of carbon dioxide annually.
By Zoya Mirza • Sept. 17, 2024
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