L&C Utility’s Post

Learn how significant investment in clean-energy technologies and reduced fossil-fuel usage can help achieve global net-zero emissions by 2050 https://lnkd.in/gfxYhZHh

What are Scope-1,2,3 & 4 Carbon Emissions : Many industrial sectors are aligning their efforts towards achieving net-zero emissions by 2050. Amidst significant investments, these sectors are also establishing emission targets across various scopes within their operational models. Let’s demystify the differences between Scope 1, 2, 3, and 4 emissions: ⚫ Scope 1 Emissions: These are “direct” emissions from sources that a company owns or controls. This includes emissions from manufacturing processes, company vehicles, and the energy used to heat and power facilities. ⚫ Scope 2 Emissions: These “indirect” emissions stem from the generation of purchased energy. For example, a company can reduce its Scope 2 footprint by installing solar panels or procuring energy from renewable sources instead of relying on fossil fuels. ⚫ Scope 3 Emissions: These are also indirect emissions, but unlike Scope 2, they encompass emissions from both upstream and downstream activities. This includes emissions from the production of purchased goods and services, as well as the use of sold products by customers. ⚫ Scope 4 Emissions: Often referred to as “avoided emissions,” Scope 4 is a voluntary category that accounts for emissions savings due to the creation of energy-efficient or environmentally friendly products. Understanding these categories is crucial for businesses aiming to transparently report and effectively reduce their environmental impact. Refer-1: https://lnkd.in/gnUQJi4B Refer-2: https://lnkd.in/gTsZsM68 #NetZero #LowCarbon #Emissions #Sustainability #CarbonCapture #Renewable #EnergyTransition #GHG #GreenHouseGas #Solar #Wind #BECCS #Transportation #Industries

Given the UK government’s net zero goal by 2050, businesses must navigate the path to carbon neutrality and tackle associated risks. We prioritise credible transition plans across scope 1, 2, and 3 emissions, guiding you through site appraisals, energy waste elimination, and asset upgrades to meet net zero targets.📈 We've partnered with businesses across sectors to conduct energy audits, delivering tangible cost savings. Our comprehensive energy and decarbonisation solutions include renewable energy procurement, engineering solutions, energy efficiency opportunities, and sustainable procurement strategies. Prepare your business for a net zero future. Book your consultation via our website today! 🌱 #NetZero #Sustainability #Decarbonisation #GreenFuture #Carbonfootprint

Our vision is to bring volume manufacturing back to the UK by supporting a green industrialisation of our national economy. Sourcing 100% of our electricity from renewables alone, verifiable through the worldwide Carbon Trust is a great start. We’re making the switch this month. It’s part of our commitment to achieving net zero and playing our part in minimising our impact and protecting the planet. ✅ Including us in your supply chain is a great commercial decision. It’s a great environmental decision now too. Find out more here: https://lnkd.in/eHPWaCYw #contractsengineeringltd #renewableenergy #supplychain #green #carbontrust #britishengineering #britishmanufacturing

The first 100 days of the new government are going to be critical. Elections, by their necessity and importance, do mean that important bits of policy and regulation get delayed. This is unavoidable and it will be a rush to pick up the sticks, no matter who is next in power. The REA's first 100-day plan would enable the next government to deliver the energy transition from the get-go and help deliver the UK a secure, affordable and decarbonised energy system.

Our latest I-REC Report reveals pivotal trends and data that are shaping the renewable energy landscape. Here are some key takeaways: 🔹 Rapid Growth: Since 2015, I-REC redemption has surged impressively, with rates more than doubling annually. From just 19 redemptions in 2015 to over 5 million in 2023! 🔹 Seasonal Trends: Redemption activities have spiked significantly in the first and fourth quarters over the past two years, showcasing distinct seasonal patterns. 🔹 Policy Impacts: In Malaysia, government policy temporarily halted I-REC redemptions in 2022, leading to an unprecedented surge in 2023. 🔹 Fuel Type Trends: Hydroelectric sources led the redemption volumes in 2023, with wind and solar following closely. 🔹 Broadening Participation: The decreasing average redemption volume per frequency indicates that companies are purchasing I-RECs more frequently throughout the year and smaller businesses are increasingly participating, diversifying the clean energy initiative. These insights are just the beginning! We invite you to dive deeper into the renewable energy revolution with us. 💡 📄 Want the full report? Comment 'sustainability' below or submit a Contact Us Request and we’ll send you the PDF of our comprehensive 2023 I-REC Market Report. https://lnkd.in/gnTQp49j #CleanEnergy #Sustainability #RenewableEnergy #MarketTrends #IREC #InternationalREC #RE100 #NetZero

The European Commission has recently adopted a revised version of the #SETPlan to reinforce manufacturing capacities and foster investment in clean energy technologies. Read more about the revision and how it connects to #MeBattery: https://lnkd.in/eqjQuxaz #EuropeanGreenDeal #decarbonisation #CO2 #renewableenergy

Global spending on the clean-energy transition surged 17% last year to $1.8 trillion. Add in investments in building out clean-energy supply chains and $900 billion in financing, and the total in 2023 reached $2.8 trillion. However, the world needs to be investing more than twice as much in clean technology to reach net-zero emissions by mid-century. Read more here: https://lnkd.in/e8-WjHWh. #cleanenergy #mottcorp

Some good insights into how the transportation of captured CO2 is opening up new opportunities for the shipping industry. This will particularly be the case in Asia, where numerous countries will have the capability of capturing their emissions but not the capacity to store them - and will instead have to send the CO2 to other destinations in cross border transactions. ------------------------------------------------------ 💡 We are the voice of the gas industry in Asia 📖 Follow us for insights, data and policy on the pathway to a reliable, low-carbon energy future

The buzz from recent Energy Dialogues events is loud and clear - the energy industry must tackle CO2 emissions immediately. Discover four reasons why the industry needs to make bold moves in decarbonization: 📈 Fueling transformation: $6 billion DOE boost: Earlier this year, the Department of Energy (DOE) committed to a groundbreaking $6 billion in funding to propel decarbonization projects in energy-intensive industries, signaling a transformative shift in the energy landscape. ♻ Strategic moves, competitive edge: Industry leaders like Oxy, which acquired DAC company Carbon Engineering for $1.1 billion, are already at the forefront of decarbonization. Businesses that make strategic leaps now are poised to outshine competitors in a market where sustainability is the new gold standard, appealing to key stakeholders and consumers. 🌱 More low carbon fuels, new opportunities: While global CO2 emissions from natural gas dipped by 1.6% in 2022, oil emissions surged by 2.5%. Notably, half of this increase originated from aviation as air travel rebounded post-pandemic. This underscores the industry's pivotal role in reducing CO2 emissions and pioneering the production of low-carbon fuels. 📄 Compliance requirements: States like California, New York and Washington lead the charge in combating climate change through regulatory measures, clean energy initiatives and sustainability programs. Simultaneously, buyers of U.S. energy in Europe and Asia enforce increasingly stringent carbon taxes, urging industry players to stay ahead of evolving compliance requirements. If you are ready for change, join us in steering the course toward a cleaner, more sustainable energy landscape at the upcoming Carbon Solutions Forum. ➡ Register today to attend: https://lnkd.in/gmkXvhdd