Nelson Spitz’s Post

Can decarbonization boost the bottom line? Survey indicates yes—climate initiatives can be a cost savings for many companies! How much $? “many of the climate leaders in [this] survey have realized significant value from their decarbonization efforts, including financial benefits equal to more than 7% of their revenues—for an average net benefit of $200 million a year.” “More than half of the companies surveyed reported that they believe their emissions can be reduced by 10% to 40% at a net cost savings.” Where do the savings come from? “One of the leading sources of these benefits was a reduction in operating costs, often resulting from initiatives focused on efficiency, waste reduction, the rationalization of materials or footprints, or the use of renewable energy.” https://lnkd.in/gRS2snCM #sustainability #climateaction #decarbonization

Conventional carbon offsets are under examination due to worries about factors like additionality, permanence, and scalability. In response, businesses are seeking more reliable alternatives. Direct Air Capture (DAC) emerges as a groundbreaking technology set to revolutionize the carbon offset scenario. The demand for DAC offsets is anticipated to surpass the available supply in the near future. Stay informed with the latest findings from the report by @Boston Consulting Group (BCG) and @Climeworks. Discover how to ensure your access to this transformative technology today, establishing your company as a front-runner in the battle against climate change.

Our commitment to decarbonization means reaching net zero by 2045. The urgency of climate action is undeniable, and our impact on the environment is something we take seriously. In recognition of #earthday (April 22), throughout April we’re highlighting our work to reduce our impacts on the environment, improve our performance and cultivate a decarbonized energy future. The science is clear, and the impacts are becoming increasingly visible. Decarbonization – the process of reducing carbon dioxide (CO2) and other greenhouse gas emissions – is essential to secure a sustainable future. While the environmental necessity is apparent, there is a strong business case for decarbonization. At Capital Power, we see this transition as both a responsibility and a strategic opportunity that positions us to drive innovation, secure long-term competitiveness, and future-proof our business. Read our recent blog to learn about how we're embracing the decarbonization challenge and seeing it as both an environmental imperative and a positive driver of innovation and impact. https://bit.ly/3TK54cz #decarbonization #sustainability #cleanenergy #energytransition

NEWS from March, 25th: “Today’s industrial decarbonization announcement is an exciting moment in the clean energy transition,” said Laura Brannen, senior policy advisor and federal climate policy lead at The Nature Conservancy. “The industrial sector is responsible for roughly one-third of U.S. emissions. But because of how much energy a lot of industries require, it’s hard to make a quick switch to clean energy sources. By investing in these demonstration projects and emerging technologies, the Department of Energy is helping set the industrial sector up for a sustainable future that will strengthen U.S. manufacturing while also benefitting the climate and our communities." #industrialdecarbonization #cleanenergy #climatetech

The Clean Energy and Climate Plan for 2050 lays out a roadmap to achieve Net Zero greenhouse gas emissions by 2050. It outlines specific actions tailored to sectors like transportation, buildings, and industry, with the goal of reducing emissions. This plan underscores the importance of collaboration, workforce development, clean energy innovation, and ensuring an equitable economic transition. It represents a significant commitment to addressing the challenges posed by climate change. For Massachusetts, a state known for its environmental leadership, this plan is a crucial guide towards a more sustainable future. By aligning policies and actions with its objectives, Massachusetts can continue to lead in environmental stewardship, inspiring positive change worldwide. Let's unite in support of this initiative, paving the way for a cleaner and brighter tomorrow. 🌱🌟 #CleanEnergy #ClimateAction #Sustainability #Massachusetts #NetZero2050 Resource:

📚 Be in the Know: Today’s hot topic is “Decarbonization”, one of the primary solutions to reversing the effects of climate change, and Bloom Energy is at the forefront of this effort. Head of Sustainability, Stephen Lamm, breaks down: ✔ The importance of decarbonization ✔ Bloom’s technology driving change ✔ Real-world impacts of clean energy Read the full blog here: https://lnkd.in/gQ_xQuFF #Decarbonization #GreenElectricity #CleanEnergy #BloomEnergy #BeintheKnow #GreenFuture #GreenTech

We couldn't agree more with Nick Osborne on the role of the voluntary carbon market in being a key part of company's decarbonisation strategies. “There is a risk that carbon markets are dismissed in the hope of finding a decarbonisation silver bullet, when in fact they can support strategies to avoid and reduce emissions. Solving the wider challenge means increasing the pace and scale at which cleaner energy solutions are deployed, while embracing carbon markets and making them as robust, transparent, and additive as possible. To reach net zero, we must use all the measures available to us today.” - Nick Osborne Read the interview by Nadira Tudor, Reuters below: https://lnkd.in/exV6Zkh4 #CarbonMarkets #Decarbonisation #VCM #CarbonCredits

Conventional carbon offsets are under examination due to worries about factors like additionality, permanence, and scalability. In response, businesses are seeking more reliable alternatives. Direct Air Capture (DAC) emerges as a groundbreaking technology set to revolutionize the carbon offset scenario. The demand for DAC offsets is anticipated to surpass the available supply in the near future. Stay informed with the latest findings from the report by Boston Consulting Group (BCG) and @Climeworks Discover how to ensure your access to this transformative technology today, establishing your company as a front-runner in the battle against climate change.

"The #climate movement must recognize that its primary target is no longer just Big #Oil; it’s the #regulatory barriers that keep #cleanenergy from getting built and delivered efficiently to American homes. The movement also needs to pressure Big Tech companies, whose AI offerings are driving up #energy demands, to follow through on their lofty climate talk by supporting reform in the #utility system as well." #energypolicy #publicutilitycommissions #publicservicecomissions #utilities #climatechange #electricity #decarbonization https://lnkd.in/eQdvmsCr

💡 Earlier today the European Commission published the “Industrial Carbon Management Strategy” and the “2040 Climate Goals” to achieve the EU’s objective of carbon neutrality by 2050. 💡   🌱 Industrial Carbon Management Strategy: - Seeks to facilitate the deployment of CO2 storage capacity of at least 50 million tonnes of CO2 per year by 2030. - Priority areas include: fostering cross-border and cross-sector collaboration among Member States, promoting research and innovation, raising public awareness and international collaboration to achieve the minimum carbon storage capacity. 🌍 2040 Climate Goals: - Sets an ambitious 2040 climate target for the EU of 90% net GHG emissions reduction compared to 1990 levels. - To deliver the 2040 target it will be necessary to undertake key actions, including the implementation of the 2030 policy framework, reshaping the EU’s energy system, continuing with the decarbonisation of the industry and transport and improving mobility. Both, the Industrial Carbon Management Strategy and the 2040 Climate Goals are likely to have significant industry implications. These implications are not only limited to the energy sector and other large industrial emitters of CO2 but to other industries, including those involved in enabling the transition. Get in touch with the #EMEASustainabilityRegulationHub to find out more: Simon Brennan, Ramon Bravo, Maroussia Loots , and Aymeric Bricout. Further information: 2040 emissions reduction target: https://lnkd.in/eGQMFT5d Industrial Carbon management communication: https://lnkd.in/ep2_3gai #IndustrialCarbonManagementStrategy #2040ClimateGoals #EuropeanCommission