Is This The Only Way To Make Nuclear Energy Work?

December 9, 2019 | 126 views

The need for efficient, affordable, and scalable alternatives to traditional fossil fuels is more pressing than ever. While clean energy alternatives are already existent and abundant, however, there has been a serious lack of investment and any serious sea change towards decarbonizing the global economy. “Do we really want to be remembered as the generation that buried its head in the sand, that fiddled while the planet burned?” the Secretary General of the UN Climate Change Conference asked his audience last week. Indeed, the seriousness of the situation is such that Forbes has accepted the hyperbolic as journalistic, proclaiming that “in recent years the issue of climate change has taken a decidedly apocalyptic turn” and that with the scientific community projecting that we will be hitting a tipping point of carbon emissions with an irreversible trajectory toward catastrophic climate change this century, “the apocalypse had been scheduled.”

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Slashing Greenhouse Gas Emissions: A Business Perspective!

Article | July 27, 2022

“With Great Power Comes Great Responsibility” – Voltaire (François-Marie Arouet) We, humans, had completely buried this quote until it was brought back to life recently. Business leaders should remember this quote as it perfectly fits into the environmental-business perspective that we are presently facing. If the world has to tackle the problem of climate change or come even close to achieving that goal, businesses and industries will have to play a key role. Almost a quarter, or 23% to be precise, of greenhouse gas emissions in the United States, come directly from industries. This number rises to 29.6% if we combine indirect emissions too. When looking for causes of climate change, the private sector is often linked to. Minimizing your carbon footprint appears to be the year's buzzword, but where can businesses begin with such an ambiguous task? How do we assess progress? Peter Drucker wrote the premise of an answer back in 1954: "What gets measured, gets managed." If a business really wants to become more sustainable, the first step should be to try to understand its current situation and begin tracking its carbon emissions. Measuring carbon emissions is a difficult problem. Major businesses that do not have carbon monitoring and reduction programs have become the exception. Recognizing and measuring CO2 emissions aids in the identification of excessive energy consumption and other inefficiencies. Most of the time, lowering greenhouse gas emissions goes hand in hand with making a business's processes more efficient and cost-effective. Reducing Greenhouse Gas Emissions: What Do Businesses Gain? In addition to the long-term environmental benefits that will help us in saving our planet, organizations can also benefit from the positive impacts of greenhouse gas emission reduction. Some of the top benefits of effective emission management are as follows. Cost Saving When it comes to cost reductions, simply minimizing your energy consumption reduces both your organization's carbon footprint and its operating expenses. According to a 2016 Energy Star report, the owner of Kimberly-Clark Berkley Mill invested $350,000, which generated yearly savings of $160,000 and a rapid return on investment (ROI) of just over one and a half years when LED lighting was installed to replace the fluorescent and HID lighting that was traditionally used. Regulatory Compliance With a 20-fold rise in global climate change regulations since 1997, securing proactive regulatory compliance is much more important than ever in the minds of corporate leadership, public spheres, and stakeholders – and it's only becoming more important. Adopting an effective greenhouse gas emission reduction program, as well as tracking and reporting on progress, is essential for businesses to adopt in order to maintain operations and avoid penalties. Improved External Relations Consumer spending power has an enormous impact on the process of shaping organizational action. In the eyes of the public, the process of committing to responsibility in the domains of broader sustainability and greenhouse gas emissions reduction is a significant credibility boost. When your company takes proactive steps to reduce carbon dioxide and greenhouse gas emissions, the resulting increase in the quality and depth of relationships with potential partners and external business connections is priceless. Enhanced Stakeholder Relationships Along with a stronger relationship with the audience, the influence of transparent sustainability indicators and performance has the potential to strengthen crucial relationships with stakeholders. More investors than ever are shifting capital away from carbon-heavy, secretive businesses and toward companies that have decided to be open, proactive, and honest regarding their greenhouse gas emissions management within the sustainability world and beyond. Emission Sources Defined in Business Operations Within a business's operation chain, emission sources are classified into three categories. These scopes are established so that businesses can trace the source of their greenhouse gas emissions and modify their operations to minimize their carbon footprint. Emission scope is defined as follows: Scope 1 Emission Scope 1 emissions are directly caused by business operations. Organizations with fossil fuel-burning vehicle fleets, for example, are directly liable for carbon emissions by burning those fossil fuels. Scope 2 Emission Scope 2 emissions are caused by an organization purchasing energy (e.g., electricity, heat, or air conditioning) produced by a process that emits greenhouse gases. A scope 2 emission is, for example, electricity generated by burning coal that a business later purchases. Because the company consumes this energy, they must record the emissions generated when it was generated. Scope 3 Emissions Scope 3 emissions are not caused by a company's direct activities. Other entities in a company's value chain are responsible for these emissions. Scope 3 emissions for one organization could be scope 1 and 2 emissions for another. A company that manufactures products, for example, would have scope 3 emissions from a company that eventually disposes of those items. Scope 3 is responsible for most of a company's emissions, accounting for 65% to 95% of a company's carbon footprint. Currently, reporting scope 3 emissions is optional for businesses. Organizations must, however, start tracking their scope 3 emissions since this is where tremendous reductions in carbon emissions can occur. How Are Large Enterprises Measuring and Reducing Their Carbon Footprints? Larger enterprises, like Apple and ExxonMobil, have begun to provide scope 3 emissions data. Other companies are collaborating with their supply chain to build collaborative initiatives among companies to report these emissions. Businesses have begun to cooperate even outside of supply chains. Competitors in the same industry have started to form partnerships to solve the issue of measuring their carbon footprints. Because these organizations often share manufacturers and suppliers, they have decided to deal with the issue together. Other businesses manage environmental sustainability in a different manner.Enterprises in the agriculture industry have pledged to reduce greenhouse gas emissions, recycle, and provide resources and information to smaller agricultural organizations wanting to go green.Many of the world’s leading auto manufacturers help by producing vehicles that are more environmentally friendly and have the better fuel economy. Others are creating alternative-fuel cars or investing in sustainable energy projects. The major retailers, manufacturers, and software companies have all made efforts to reduce their carbon footprint in different ways. Many multinational enterprises are adopting more sustainable business practices, such as using renewable energy and recycled materials in product manufacturing. How Can Small Businesses Seek Help Measuring Their Carbon Footprints? For the time being, many small businesses are finding it difficult to gather data on all these emissions that are beyond their control. According to the BBC, only 10% of more than 1,000 organizations surveyed in the United Kingdom keep track of their carbon footprint. Moreover, one in every five companies does not understand what the term "net-zero" means and a third really hasn't sought any help to make their company more sustainable. Exploring available information on measuring emissions data is the best approach for small businesses to understand more about the ways they can reduce their carbon footprint. The EPA Center for Corporate Climate Leadership includes a wealth of resources to assist small business owners in measuring and reporting their emissions. Business owners can learn how to establish a greenhouse gas inventory, measure their emissions, collaborate with sustainable suppliers, and gather data to develop sustainable solutions. Small businesses can also utilize a carbon footprint calculator to determine the quantity of emissions generated by their activities. Once company owners realize how much carbon they are emitting, they can start to tackle where it is coming from and make the necessary modifications. The most important thing that business owners can do is to always look for ways to improve their business's sustainability. Additional information will be made available to help company owners as they seek guidance on how to minimize their carbon footprint. Best Practices for Companies to Achieve Net Zero and Stay Profitable Transitioning to net zero is such a demanding task that many businesses believe it is impossible to do while retaining profit margins. As a result, many businesses concentrate on low-hanging fruit and short-term alternatives, like offloading emissions onto others by divesting from high-carbon-emitting companies. Businesses, on the other hand, can start by creating a greenhouse gas inventory to monitor their carbon emissions. Here are just a few of the many ways we found that could help your business. Cut Emissions Across the Whole Value Chain For most businesses, the majority of emissions and the possibilities for climate action lie in "scope 3 assets". These aren't owned or managed by the reporting company, but they add to the business's value chain indirectly. Businesses must take action on scope 3 emissions in order to successfully cut emissions. Use Sustainable Web Hosting Services Hosting services are the silent consumers of fossil fuels. Until you host it yourself, your website is most certainly hosted on a data server in a warehouse that runs on fossil fuels. Data servers use a lot of energy since they have to be turned on and kept cool all the time. Renewable Energy Certificates are acquired by sustainable hosting providers in order to claim their renewable energy utilization. Tackle the Root Causes The areas of major emissions are often not the most effective sites for action. It is found that businesses are measuring emissions in order to determine underlying causes, either inside their own processes or anywhere in the value chain. Big tech businesses evaluate power efficiency down to the code level in their AI and cloud implementations and collaborate with chip manufacturers to reduce energy usage in the use of their products. Don’t Automatically Defund High-Carbon Business Investors are often enticed to enhance their portfolio of low-carbon activities merely by rearranging their capital allocation. However, when it comes to really incentivize reduction, a more effective technique is to engage in activities that presently generate high carbon emissions while giving out a clear and urgent roadmap to change. Some activists have realized this idea and are shifting their demands from divestment to a managed shift of high-carbon businesses. Purchase Carbon Offsets Carbon offsets are a type of trade. When you buy an offset, you are contributing to projects that decrease greenhouse gas emissions. A carbon calculator can help you calculate your travel carbon footprint and the monetary cost of those emissions. Remember that carbon offsets do not decrease the quantity of carbon in the atmosphere; rather, they serve as a balancing agent to neutralize the carbon emitted. Carbon offsets could be tax-deductible based on the company from whom you purchase them. Closing Lines Many prominent brands, from Amazon to L'Oréal, have started to make significant investments in renewable energy and commitments to reduce emissions in their freight and logistics operations. Being mindful of how your activities contribute to greenhouse gas emissions can assist you in minimizing your carbon footprint. With the above-mentioned methods under your belt, you will be able to support the environment that we live in a while simultaneously pushing your organization to the next level of success. Don't miss the opportunity to get involved in energy-efficiency and sustainability initiatives for your company because the newest generation of consumers, millennials, have $2.45 trillion in spending power and are eager to spend more on brands that share their values of going green. Frequently Asked Questions What are scope 3 emissions? The Greenhouse Gas Protocol Corporate Standard divides a company's greenhouse gas emissions into three "scopes." Scope 1 emissions are those emitted directly from owned or controlled sources. Scope 2 emissions are those caused by the production of bought energy. Scope 3 emissions encompass all indirect emissions (not included in scope 2) that happen in the reporting company's value chain, both in upstream and downstream emissions. What are product life cycle emissions? All emissions related to the production and utilize a single product, from the cradle to the grave, are referred to as the product life cycle emissions and include emissions from raw materials, manufacturing, transportation, storage, sale, usage, and disposal. How can industries reduce global warming? By implementing passive or sustainable energy-based heating and cooling systems, increasing energy efficiency, and solving other important concerns such as methane leaks, the industry can cut its emissions by 7.3 Gt per year. New food production technologies have the capability to cut emissions by 6.7 Gt per year

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STRATEGY AND BEST PRACTICES

A vision for renewable energy

Article | July 8, 2022

Right now, renewable energy makes up a very small part of the entire energy sector of Bangladesh. But as we move into the future, and concerns about the environment become too great to ignore, exploring cleaner and greener sources of energy becomes the need of the hour. Our economy is booming, and our population is growing, so it goes without saying that our energy requirements are immense. There is plenty of scientific evidence that burning fossil fuels indiscriminately is not sustainable in the long term, so we do need to up our game in looking at alternatives.

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SOLAR+STORAGE

2020: The Year of Convergence in Corporate Renewables

Article | June 8, 2022

The rapid growth of corporate renewable procurement has been nothing short of a buyer-driven revolution in the United States’ electric sector. Almost 20 gigawatts (GWs) of corporate power purchasing agreements (PPAs) were completed in 2019 across the globe, up from 13 GWs of corporate PPAs in 2018 and triple the numbers from 2017.1,2 And the majority of this growth has come from the United States. Fortunately for those of us committed to renewable energy, we expect this trend to continue. But as should be expected in such a dynamic, buyer-driven sector, we are starting to see some noticeable shifts in the marketplace as it evolves and grows. I wanted to highlight some of the trends Constellation is watching for this year.

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2020 Trends That Will Make Waves In The Energy Industry

Article | February 10, 2020

In the renewable world, energy is generated by weather and the amount of energy that can be produced depends on the current conditions. Energy storage can ensure a power supply is maintained when weather conditions are not optimal for generating energy. While energy storage products have already been introduced to all levels of the market there are several technology hurdles to overcome before energy storage will reach maximum potential. We believe there will be great advancements in 2020 on:

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AppGuard Launches Zero Trust Incident Response Initiative for Endpoints to Address Similar Threats to the SolarWinds Breach Mitigation

AppGuard | January 20, 2021

It has been reported that the highly sophisticated breach of SolarWinds and the cyberattack that was spread through its Orion platform has impacted an estimated 18,000 customers and went undetected for months. "We must come together to defend against an attack of this magnitude" says Brody Ehrlich, AppGuard Chief Operating Officer. "The damage done to governmental agencies and enterprises is not fully recoverable and this type of threat is repeatable for the next group to emulate, whether it uses SolarWinds or another widely used application. AppGuard's software is uniquely positioned to assist cyber defense solutions providers because we can implement specific protections designed to mitigate threats of this type, even in cases where it goes undetected for a period of time." AppGuard is pleased to announce a rapid response offering developed to be deployed by our trusted partners and incident response teams, to assist in mitigating this threat and others like it. We expect that governmental agencies, healthcare providers, and enterprises within the government supply chains are at highest risk and will bear the brunt of future attacks of this nature. "Traditional cyber technologies and solutions such as EDRs, Next Generation AV (NGAV), White Listing/Application controls could neither identify nor contain the compromise. This is common of tools that seek to diagnose the threat instead of defending the risk points. AppGuard's zero-trust defense prevents and contains compromises to systems and infrastructure," adds Fatih Comlekoglu, the Chief Technology Officer and inventor of the AppGuard technology. "This SolarWinds exploit and breach shows us why having a Zero Trust solution in place to protect your endpoints and servers is more critical than ever before. AppGuard's patented controls give organizations a way to adopt zero trust policies faster than any other solution" said Kristen McFadden Gandhi, Global SVP of Product at AppGuard. "With AppGuard's autonomous policy engine in place, customers can make use of SolarWinds functions while protecting themselves from the dangerous processes spawned by the malicious code. We already have some customers doing so now."

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ENERGY

Trina Solar is the first solar panel manufacturer to receive two environmental certifications

Trina Solar | January 19, 2021

Trina Solar Co., Ltd. (“Trina Solar” or “Company”), the world's largest manufacturer of solar panels and integrated solutions for smart energy, has received Environmental Product Declaration (EPD) certifications according to UL and EPD Italy, two of the leading independent certification bodies in the field of safety research ... This is the first approved certification in the field of photovoltaics, confirming the environmental friendliness of the Company's products. The ceremony took place on January 13th in Changzhou, Jiangsu Province, China. It was attended by Deputy Director of Trina Solar Bo Cao ( Bo Cao) And CEO of UL-CCIC Company Limited Shi Jun ( Jun Shi ). EPD certification to industry standards ISO 14025 and EN 15804 confirms the environmental friendliness of products. During the EPD certification, the environmental impact of products is assessed taking into account the origin of raw materials, production, transportation, processing, as well as the energy efficiency of the enterprise. EPD certification provides investors and photovoltaic system owners with reliable information on the environmental performance of solar products and services, making it easy to select. The EPD certificate is valid for five years and is recognized in Europe, North America and the world market. This demonstrates that Trina Solar products meet global sustainability standards. Trina Solar supplies photovoltaic solutions to a significant number of international utility companies in the European market. Concerns about global climate change are growing, while expectations for sustainable development are rising. In the future, EPD certification may become a prerequisite for bidding in Europe and other markets. In terms of end users, according to recent studies, over 60% of European consumers are concerned about the environment. Independent third-party EPD certification provides customers with reliable product sustainability information and underpins Trina Solar 's ongoing commitment to environmental protection.

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GRID ENVIRONMENT

Keystone XL commits to become first pipeline to be fully powered by renewable energy

TC Energy | January 18, 2021

Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company’s ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today. “Since it was initially proposed more than 10 years ago, the Keystone XL project has evolved with the needs of North America, our communities and the environment,” said Richard Prior, President of Keystone XL. “We are confident that Keystone XL is not only the safest and most reliable method to transport oil to markets, but the initiatives announced today also ensures it will have the lowest environmental impact of an oil pipeline in terms of greenhouse gas emissions. Canada and the United States are among the most environmentally responsible countries in the world with some of the strictest standards for fossil fuel production.” Following the successful implementation of this initiative, TC Energy expects to be among the top 10 corporate renewable sponsors in North America. Additionally, this is expected to eliminate more than three million tonnes of CO2 equivalent emitted every year in GHG emissions – the equivalent of approximately 650,000 cars taken off the road. As part of this announcement, TC Energy is expected to spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities. As part of its continued commitment to working with union labor in the U.S. and Canada, Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects. “With our continued commitment to safety, creating family-sustaining, middle class jobs, NABTU is pleased to announce our agreement with TC Energy to ensure building trades labor constructs renewable energy projects along the entire Keystone XL route,” said NABTU President Sean McGarvey. “This will help to meet KXL’s commitment to achieving net zero emissions by 2023, create the power capacity required to operate the pipeline from renewable energy sources and create thousands of jobs between now and 2030 – jobs for the highly skilled women and men of the building trades.” By implementing this initiative, Keystone XL will eliminate the impact of GHG emissions from the project’s operations. Additionally, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 percent in recent years and they are expected to fall another 27 percent by 2030.

Read More

ENERGY

AppGuard Launches Zero Trust Incident Response Initiative for Endpoints to Address Similar Threats to the SolarWinds Breach Mitigation

AppGuard | January 20, 2021

It has been reported that the highly sophisticated breach of SolarWinds and the cyberattack that was spread through its Orion platform has impacted an estimated 18,000 customers and went undetected for months. "We must come together to defend against an attack of this magnitude" says Brody Ehrlich, AppGuard Chief Operating Officer. "The damage done to governmental agencies and enterprises is not fully recoverable and this type of threat is repeatable for the next group to emulate, whether it uses SolarWinds or another widely used application. AppGuard's software is uniquely positioned to assist cyber defense solutions providers because we can implement specific protections designed to mitigate threats of this type, even in cases where it goes undetected for a period of time." AppGuard is pleased to announce a rapid response offering developed to be deployed by our trusted partners and incident response teams, to assist in mitigating this threat and others like it. We expect that governmental agencies, healthcare providers, and enterprises within the government supply chains are at highest risk and will bear the brunt of future attacks of this nature. "Traditional cyber technologies and solutions such as EDRs, Next Generation AV (NGAV), White Listing/Application controls could neither identify nor contain the compromise. This is common of tools that seek to diagnose the threat instead of defending the risk points. AppGuard's zero-trust defense prevents and contains compromises to systems and infrastructure," adds Fatih Comlekoglu, the Chief Technology Officer and inventor of the AppGuard technology. "This SolarWinds exploit and breach shows us why having a Zero Trust solution in place to protect your endpoints and servers is more critical than ever before. AppGuard's patented controls give organizations a way to adopt zero trust policies faster than any other solution" said Kristen McFadden Gandhi, Global SVP of Product at AppGuard. "With AppGuard's autonomous policy engine in place, customers can make use of SolarWinds functions while protecting themselves from the dangerous processes spawned by the malicious code. We already have some customers doing so now."

Read More

ENERGY

Trina Solar is the first solar panel manufacturer to receive two environmental certifications

Trina Solar | January 19, 2021

Trina Solar Co., Ltd. (“Trina Solar” or “Company”), the world's largest manufacturer of solar panels and integrated solutions for smart energy, has received Environmental Product Declaration (EPD) certifications according to UL and EPD Italy, two of the leading independent certification bodies in the field of safety research ... This is the first approved certification in the field of photovoltaics, confirming the environmental friendliness of the Company's products. The ceremony took place on January 13th in Changzhou, Jiangsu Province, China. It was attended by Deputy Director of Trina Solar Bo Cao ( Bo Cao) And CEO of UL-CCIC Company Limited Shi Jun ( Jun Shi ). EPD certification to industry standards ISO 14025 and EN 15804 confirms the environmental friendliness of products. During the EPD certification, the environmental impact of products is assessed taking into account the origin of raw materials, production, transportation, processing, as well as the energy efficiency of the enterprise. EPD certification provides investors and photovoltaic system owners with reliable information on the environmental performance of solar products and services, making it easy to select. The EPD certificate is valid for five years and is recognized in Europe, North America and the world market. This demonstrates that Trina Solar products meet global sustainability standards. Trina Solar supplies photovoltaic solutions to a significant number of international utility companies in the European market. Concerns about global climate change are growing, while expectations for sustainable development are rising. In the future, EPD certification may become a prerequisite for bidding in Europe and other markets. In terms of end users, according to recent studies, over 60% of European consumers are concerned about the environment. Independent third-party EPD certification provides customers with reliable product sustainability information and underpins Trina Solar 's ongoing commitment to environmental protection.

Read More

GRID ENVIRONMENT

Keystone XL commits to become first pipeline to be fully powered by renewable energy

TC Energy | January 18, 2021

Media Advisory - TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the company) today announced a new sustainable energy initiative for the Keystone XL Project. The company will achieve net zero emissions across the project operations when it is placed into service in 2023 and has committed the operations will be fully powered by renewable energy sources no later than 2030. This announcement comes after an extensive period of study and analysis, and as part of the company’s ongoing commitment to sustainability, thoughtfully finding innovative ways to reduce greenhouse gas (GHG) emissions, while providing communities with reliable energy needed today. “Since it was initially proposed more than 10 years ago, the Keystone XL project has evolved with the needs of North America, our communities and the environment,” said Richard Prior, President of Keystone XL. “We are confident that Keystone XL is not only the safest and most reliable method to transport oil to markets, but the initiatives announced today also ensures it will have the lowest environmental impact of an oil pipeline in terms of greenhouse gas emissions. Canada and the United States are among the most environmentally responsible countries in the world with some of the strictest standards for fossil fuel production.” Following the successful implementation of this initiative, TC Energy expects to be among the top 10 corporate renewable sponsors in North America. Additionally, this is expected to eliminate more than three million tonnes of CO2 equivalent emitted every year in GHG emissions – the equivalent of approximately 650,000 cars taken off the road. As part of this announcement, TC Energy is expected to spur an investment of over US$1.7 billion in communities along the Keystone XL footprint creating approximately 1.6 gigawatts of renewable electric capacity, and thousands of construction jobs in rural and Indigenous communities. As part of its continued commitment to working with union labor in the U.S. and Canada, Keystone XL has also signed a Memorandum of Understanding (MOU) with North America’s Building Trades Unions (NABTU) to work together on the construction of TC Energy owned or sourced renewable energy projects. “With our continued commitment to safety, creating family-sustaining, middle class jobs, NABTU is pleased to announce our agreement with TC Energy to ensure building trades labor constructs renewable energy projects along the entire Keystone XL route,” said NABTU President Sean McGarvey. “This will help to meet KXL’s commitment to achieving net zero emissions by 2023, create the power capacity required to operate the pipeline from renewable energy sources and create thousands of jobs between now and 2030 – jobs for the highly skilled women and men of the building trades.” By implementing this initiative, Keystone XL will eliminate the impact of GHG emissions from the project’s operations. Additionally, Keystone XL will allow responsibly produced Canadian oil to be safely transported into the United States from many producers who have set their own net zero emissions goals. Canadian Oil Sands producers have cut emissions intensity by 21 percent in recent years and they are expected to fall another 27 percent by 2030.

Read More

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