GHG Emissions | Page 292

Danone announced on Jan. 21 that it has signed a long-term PPA to obtain power from Europe's biggest photovoltaic plant. The move will allow the global food company to power its plants and factories in Spain with 100% renewable electricity.

Tesla’s Elon Musk announced on Twitter on Jan. 21 that he is offering $100 million prize to whoever develops the “best” technology to capture carbon dioxide emissions.

New York State announced on Jan. 20 that it added three new community choice aggregation programs (CCA) in 2020 to more than 100,000 utility account holders in twelve communities. CCA programs help residents save money in addition to supporting local economic growth and helping to meet state climate goals. 

Frost & Sullivan announced on Jan. 19 that its recent analysis forecasts that global green hydrogen production will skyrocket at a compound annual growth rate of 57% between 2019 and 2030, rising from 40,000 tons to 5.7 million tons.

Kansas City Southern, a transportation holding company, announced on Jan. 19 that it has submitted a commitment letter to the science-based targets initiative (SBTi) pledging to establish greenhouse gas emissions reduction.

New Jersey is launching a pilot program to incentivize businesses and institutional organizations to divert from diesel trucks and instead purchase medium and heavy-duty electric vehicles.

Massachusetts Governor Charlie Baker (R) vetoed a bill on Jan 14 that would update the state’s carbon emissions goals to make the state “net neutral” by 2050, citing that the bill didn’t do enough to help cities and towns adapt to the effects of climate change. 

Fifth Third Bank announced on Jan. 19 that it reached carbon neutrality for its operations in 2020, including greenhouse gas emissions from its facilities and business travel.

Marsh & McLennan, a global professional risk services firm, announced two important commitments on Jan. 14 in the effort to combat climate change.

Kia announced new branding on Jan. 15 to create sustainable mobility solutions for customers. Signaling the brand breaking away from its traditional manufacturing-driven business model, Kia will form a new corporate name, removing ‘Motors’ from its name (previously ‘Kia Motors Corporation’).