Energy Efficiency | Page 117

The Biden-Harris Administration, through the U.S. Department of Energy (DOE), announced approximately $6 billion in funding to accelerate decarbonization projects in energy-intensive industries.

Delta outlined the airlines’ strategy for achieving net zero emissions and more sustainable travel by 2050, including scaling the sustainable fuel market, innovating on the fleet, and encouraging net-zero supply chains.

Bank Australia is the first financial institution in Australia to announce a validated interim emissions reduction target for 2030 to meet its 2035 net zero goal. The 2030 target was validated by the Science Based Target initiative (SBTi).

Purolator, an integrated freight, package and logistics solutions provider, announced it expects to invest approximately $1 billion to electrify its Canadian network over the next seven years.

Kimball Electronics, Inc., announced a 36% reduction in GHG emissions since 2014, a 26% reduction in air emissions since 2014.

Budderfly, an Energy Efficiency as a Service (EEaaS) company, announced a high-volume contract that will help fast food restaurants lower their emissions sooner.

This column from the Department of Energy explores the Justice40 initiative from the Biden-Harris Administration, designed to dismantle unjust systems that disproportionately harm Black, Brown, and Indigenous communities by delivering historic clean energy investments to underserved and overburdened communities.

Occidental’s first large-scale Direct Air Capture (DAC) plant in Texas’ Permian Basin — developed by 1PointFive, a subsidiary of Occidental — will utilize two compressor packages to enable the plant to capture up to metric tons of CO2 per year once fully operational.

Kingspan Group, a global company in high-performance insulation and building envelope solutions, announced a 26% reduction in absolute scope 1 and 2 GHG emissions relative to its 2020 base year as part of its 10-year sustainability program, Planet Passionate.