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tritonmarketresearch · 6 months ago
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Carbon Capture and Storage: A Key to Achieve Net-Zero Targets
Amidst rising CO2 emissions, renewable energy sources and improving energy efficiency are critical components of climate change solutions. One of the most promising technologies to mitigate industrial carbon emissions is Carbon Capture and Storage (CCS). This innovative technology provides a pathway to capture CO2 emissions before they enter the atmosphere, significantly reducing their impact on the environment. According to the International Energy Agency’s (IEA) Sustainable Development Scenario, Carbon Capture, Utilization, and Storage (CCUS) technology could account for nearly 15% of the total emissions reduction needed to achieve global net-zero targets by 2070. This highlights CCUS as a key component in addressing climate change and meeting long-term sustainability goals.
Carbon Capture and Storage (CCS) is no longer a far-off vision of the future but a practical solution to today’s climate crisis. CCS is also recognized as an essential tool to meet the Paris Agreement’s target of limiting global temperature rise to below 2°C. According to the Global CCS Institute, to meet these goals, the world would need to increase CCS capacity from the current 40 million tons annually to around 5.6 billion tons per year by 2050.
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What is Carbon Capture and Storage?
Carbon Capture and Storage (CCS) is a carbon emissions reduction technology designed to capture and securely store CO2 produced by industries. It is utilized in industries like steel, cement, and power generation, where emissions are difficult to decarbonize. The CCS process can be broken down as follows:
Capture: CO2 is separated from other gases in industrial processes using advanced carbon capture technology.
Transport: Captured CO2 is then transported via pipelines, ships, or other means to a designated storage site.
Storage: CO2 is stored deep underground in geological formations, such as depleted oil and gas reservoirs or saline aquifers, preventing its release into the atmosphere.
The Technologies behind Carbon Capture and Storage
The most common CO2 storage methods involve geological formations. These include depleted oil and gas reservoirs, saline aquifers, and unmineable coal seams. A successful example of geological CO2 storage is Norway’s Sleipner project, which has been storing approximately 1 million tons of CO2 annually in a saline aquifer beneath the North Sea since 1996. Other carbon capture methods are generally classified into three primary approaches:
Pre-Combustion Carbon Capture: This method captures CO2 before the fuel is burned, making it particularly suitable for industries that convert coal, oil, or gas into fuel gas. Pre-combustion capture typically involves gasifying the fuel to produce a mixture of hydrogen and CO2. The CO2 is then separated and captured for storage.
Post-Combustion Carbon Capture: The method involves capturing CO2 from the flue gases emitted after fossil fuels are burned. This approach is widely applicable to power plants and various industrial facilities. A notable example is the Boundary Dam power station in Canada, which captures approximately 1 million tons of CO2 annually through post-combustion capture.
Oxyfuel Combustion Technology: This process involves burning fuels in oxygen rather than air, resulting in a concentrated stream of CO2, which makes it easier to capture. This method is still being developed and tested but holds promise for future CCS projects.
Once captured, CO2 must be transported to storage sites. Pipelines are the most common mode of CO2 transportation, particularly for large-scale carbon capture and storage systems. Currently, more than 6,500 kilometers of CO2 pipelines are in operation globally, especially in regions like the US and Canada, which have well-established infrastructure for CCS and carbon capture utilization and storage (CCUS).
Real-World Applications of Carbon Capture and Storage
Around the world, CCS projects are already in action as power generation is a major source of CO2 emissions. Implementing CCS in power plants has proven effective in reducing their environmental impact. For instance, the Petra Nova power station in Texas employed a CCS system that captured over 1.6 million tons of CO2 annually during its operation from 2017 to 2020.
The Gorgon Project in Australia is one of the largest CCS initiatives in the world, aiming to store 4 million tons of CO2 annually in an offshore gas field. Such large-scale projects demonstrate the feasibility of CCS in combating industrial emissions.
Similarly, the Drax Group in the UK, which operates the country’s largest power station, plans to capture 8 million tons of CO2 annually as part of its bioenergy with carbon capture and storage (BECCS) project. In January 2024, the UK government approved Drax’s plan to convert two of its biomass units into carbon capture and storage stations for bioenergy.
Challenges and Opportunities in Carbon Capture and Storage
While the potential of Carbon Capture and Storage (CCS) is promising, several challenges remain. The cost of implementing CCS technology remains high. Estimates suggest that capturing CO2 can cost between $60 to $100 per ton, depending on the technology and source. The IEA forecasts that the cost of carbon capture and storage (CCS) could decrease significantly in the coming years, primarily due to increased deployment and technological advancements. In addition to the costs, developing the infrastructure required for CCS, such as pipelines and storage facilities, demands substantial investment. Countries without established pipelines or suitable geological storage sites face logistical challenges. Most importantly, public concern about the safety of storing CO2 underground and a lack of clear government policies have slowed the widespread adoption of CCS.
However, despite these financial and regulatory hurdles, varied opportunities are paving the way for stakeholders to explore the full potential of CCS. Active R&D efforts are leading to more efficient and cost-effective CCS technologies. Innovations in materials for CO2 capture, such as advanced solvents and membranes, are expected to further drive down costs. Governments are increasingly recognizing the role of CCS in meeting climate goals. For instance, the US Infrastructure Investment and Jobs Act passed in 2021 allocated $3.5 billion for CCS projects, and similar investments are being made worldwide.
Future Prospects in Carbon Capture and Storage
Looking ahead, CCS will play a pivotal role in managing CO2 and keeping our planet’s climate in balance. As we strive toward a net-zero future, industries and governments are expected to invest heavily in CCS infrastructure. Countries like China and India, with their heavy reliance on coal, could be key players in adopting CCS to reduce their emissions while maintaining economic growth. From power generation to heavy industry, CCS is proving its ability to significantly curb CO2 emissions. However, realizing its full potential will require overcoming economic and infrastructural challenges, supported by continued innovation, government policy, and investment.
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esgjuly · 10 months ago
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What does Canada's move toward net-zero impact mean for your company?
What does Canada's move toward net-zero impact mean for your company?
According to what we interpret as Agile Advisors' Net Zero, Numbers will always be a powerful combination. When we collaborate, we perform better. Change occurs more swiftly and efficiently, whether it be locally or globally. It is the same process from coast to coast to eliminate greenhouse emissions (GHGs). Adopting net-zero policies by Canadian businesses, tiny and medium-sized ones, will be essential to achieving the country's 2050 goal. It is logical. Approximately 68% (8.2 million) of the private sector workforce comprises small enterprises, defined as those with 99 or fewer paid employees; the remaining 20% are medium-sized businesses (100–499 employees).
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As Agile Advisors with Net Zero Carbon, we difference when reducing their carbon footprint. However, the reality is that the world is transitioning, and it will impact every business and industry. “That is why groups such as Green Economy Canada are crucial. Together with SMEs, Green Economy Canada creates workable action plans that assist businesses in taking steps toward a low-carbon future. Green Economy Canada's network currently consists of 250 organizations, and thus far, they have collaborated with more than 600 businesses throughout the country to eliminate over 225,000 greenhouse gas emissions. That is the same as removing 69,000 automobiles from the road for a year.
Working with Agile Advisors as a Net Zero Consultant, Businesses that the economy is formed of, which is small- to medium-sized businesses that make up more than half of our GDP and employ nearly nine out of ten workers in the private sector," says Lloyd. It serves as the cornerstone for the country's GHG eradication. More recently, 30,000 Canadians, including business owners, Indigenous Peoples, youth, and others, provided input for the 2030 Emissions Reduction Plan (2030 ERP), a framework that identifies precise and doable measures. The ambitious 2030 ERP includes changes to infrastructure to promote renewable electricity, lower energy prices for households and buildings, promote electric vehicles, tackle carbon pollution in the oil and gas industry, and more.
To help you as Net Zero Consultancy, Lloyd concurs that keeping these promises is currently the problematic part. According to the Government of Canada's 2023 Progress Report on the 2030 ERP, published in December 2023, we're behind schedule. After an independent evaluation of the most recent progress report, the nonpartisan policy think tank Canadian Climate Institute discovered that our country's emissions would have increased by 41% by 2030 compared to today's levels if no new policies had been implemented since 2015. 2030 ERP. Services such as Grant Match guide and support leadership teams and business owners in the murky world of grants and initiatives.
In our role as Net Zero Carbon, Grant Match pairs companies with suitable options and secures funding to bring about long-lasting change through its in-house software and teams of specialized grant writers. The program insight and technical know-how required to be a successful applicant are combined with knowledge of available programs, many of which are highly competitive. Together, it has helped its clientele across various industries—manufacturing, technology, food & beverage, and agriculture—secure over $300 million in government support.
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wainewintern · 1 year ago
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What do smaller businesses mean by net zero?
As a Net zero consultant, hundreds of the biggest publicly traded corporations worldwide have focused on carbon neutrality, net zero emissions, or carbon-negative strategies, according to a net zero consultant. Others, like the commercial real estate firm JLL, which has set a goal of decreasing all emissions by 95% by 2040, have embraced science-based or climate neutrality targets. Similar goals may be seen in a number of British companies, from national energy provider SSE to niche automaker Morgan Motors. They've made moves like cutting down on energy waste in their buildings and setting a lofty 2050 deadline for reaching net zero. Several nations have pledged to achieve net zero emissions in the near future following the ratification of the Paris Agreement.
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Being a Net Zero consultancy, the UK, a Net Zero consultancy, has declared that it would start enforcing net zero emissions regulations, turning it into a net zero financial hub. In a similar vein, nations like Singapore have pledged to reach net zero emissions by 2050. While Malaysia and Hong Kong have explored similar decarbonization projects, the Philippines has committed to reducing its greenhouse gas emissions by 75% by the year 2030.  Coca-Cola HBC has committed to using low-carbon and renewable energy sources throughout the whole value chain to achieve net zero emissions by 2040. They intend to create a "green fleet," apply circular economy principles, and lower emissions from agricultural ingredients.
 As one of the leading Net Zero carbon, General Motors, one of the Net Zero carbon automakers, plans to achieve carbon neutrality by 2040 by putting more of an emphasis on the manufacturing of electric vehicles, using renewable energy sources for daily operations, and cutting emissions from the supply chain. Many businesses still cannot afford full decarbonization, especially those in the oil and gas and agricultural industries. Even yet, by seeking out carbon-offsetting alternatives like afforestation and green waste management, emitters can mitigate their environmental impact. Finally, you need to inform the appropriate parties about your objectives if you want to garner enough support for net zero plans and regulations. You might demonstrate adherence to rules and specifications, or you could make public declarations about goals and guidelines to spread awareness. These kinds of actions inform and involve your stakeholders and promote their involvement. Making the commitment to implement a net zero emissions strategy for your business is one of the best things you can do to combat climate change and ensure ongoing prosperity.
We are Net Zero, so utilize Convene 2zero, a carbon calculator designed to give you a comprehensive picture of emissions across all sectors and scopes, to help you reach your objectives. Next, use Convene ESG, a feature-rich software platform for ESG reporting. When combined, these tools provide users with the fundamental information and emissions management skills they need to meet future sustainability demands. Are you prepared to find out how it can help your company? Then look through our guide to learn about net zero and the tactics you may implement into your business plan.
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aakritcreative · 1 year ago
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Terracotta+
Using #sustainable materials like #terracotta in cooling devices and rooms during summers is an excellent #idea.
Since it's an easily available and sustainable material. Terracotta, which is a type of fired clay, has natural cooling properties and has been used traditionally in various cultures for its ability to moderate temperature.
#sustainable.
There are various applications where this rustic material is used.
-Use terracotta tiles on #floors and #walls to absorb heat during the day and radiate it back into the room at #night, providing a natural #cooling effect.
-Design #passive cooling systems using terracotta elements, such as evaporative cooling walls or towers.
-Integrate terracotta #louvers or #screens to provide shade and allow for natural ventilation, promoting airflow while minimizing direct #sunlight exposure.
-Create DIY #evaporative #coolers using terracotta pots. This involves placing water-absorbing terracotta pots in front of a #fan, allowing the breeze to evaporate water from the pots and cool the air.
-Consider combining terracotta with other materials in ceiling designs to enhance both aesthetic appeal and #thermalcomfort performance.
-Incorporate #green roofs with terracotta planters to introduce #vegetation, which aids in temperature regulation through natural insulation and evapotranspiration.
Combining traditional knowledge with modern design principles can result in effective and eco-friendly cooling solutions.
#terracotta #earthenware #art #architecture #sustainabledesign #sustainabledevelopment #lowcost #coolingsystem #facadelighting #landscape #planters #pots #flooring #wastemanagement #wasterecycling #carbonfootprint #netzero2050 #netzerocarbon #stone #clay #g20summit2023 #g20india #hydrocarbon #energysaving #energyefficiency #energymanagement #energyefficient #renewableenergy #renewablerevolution
Tharun Sai Sameer Z Ar. June Chow Emmanuel Egbuchulam [3D Artist] Mohammad Reza Akbari Ayushi Yadav Adil Aboobakar, CFA Azhar Fatmi artnet Sustainable Smart City Sustainable Design Network Mahindra Susten Solar O/M Team Shop Sustentável Sabu Francis Rahul Tyagi Turn The Tables Architects ARCHITECT@WORK New Delhi Municipal Council (NDMC) Noida International Airport NOIDA POWER COMPANY LIMITED Tata Neu Renewable Power Vipul Organics Limited Shell University of Strathclyde Sonali Bhagwati Diamond Schmitt Zaha Hadid Architects Nitin Gupta 42mm Architecture Morphogenesis Architecture
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ffiesinger · 2 years ago
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La Compagnie des Alpes, toujours plus responsable ?
See on Scoop.it - Club euro alpin: Economie tourisme montagne sports et loisirs
Le 6 mars dernier, la Compagnie des Alpes (l’exploitant d’une dizaine de domaines skiables d’altitude dont Tignes, Val d’Isère, Les Menuires, Serre-Chevalier ou encore Flaine, ainsi que du Parc Astérix, du Futuroscope, du Musée Grévin ou de Walibi Rhône-Alpes et Belgium), intégrait sa Raison d’Etre au sein de ses statuts :…
Francis Fiesinger Pro's insight:
#CDA #NetZeroCarbone  #RSE #10engagements #5renoncements 
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brise-chemicals · 3 years ago
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Water Electrolyzer | Hydrogen Electrolyzer Manufacturers India
Indigenized Electrolyzers proving to be a showstopper to fulfill India’s Exports aspiration for Green Hydrogen Export of 95GW by 2030…?
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Water Electrolyzer
#greenhydrogen #greenenergy #electrolyzer #renewableenergy #makeinindia #manufacturing #netzero #netzerocarbon #futureenergy #hydrogenenergy #hydrogenfuel #stack
To manufacture green hydrogen, Industrial Water electrolyzers are key equipment that is right now unknown for too many concerned audiences in India even in principle water electrolysis seems to be easy. Maximum Indian PSU and private industries took export collaboration path to fulfill their desire but this approach is not very efficient and result oriented. Historically, many defense / technological-related programs got delayed or halted because western companies are skeptical to share technologies, and also during this long TT process they maximized their interest. At BRISE we strongly believe that Indian need to be technologically self-sufficient and must need to take a path similar somewhat ISRO took during its initial time and need to develop a favorable ecosystem for electrolyzers development, supply chain, and manufacturing facilities and need to promote more startups like BRISE CHEMICALS to come forward to solve this issue related water electrolyzers manufacturing. At BRISE, We are committed to 100% Indigenized electrolyzers manufacturing and doing research for a long on the development of Bi-polar alkaline electrolyzers and traveled a successful path towards the development of indigenous water electrolyzers, Hydrogen Purification & Hydrogen Liquefier Technology. BRISE electrolyzers are designed with manufactured feasibility in the existing Indian ecosystem and could able to maximize Indian content above 90% with cost-effective manufacturing with improved performance. Certainly, BRISE water electrolyzers going to offer attractive value to its END users such as Low cost with better operational efficiency, shorter downtime, and higher reliability. We strongly believe that Brise efforts are and will heavily contribute fulfill national objectives.
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roberto1rota · 4 years ago
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NET-ZERO WHY?
Had a deep conversation with a client on Net-zero by 2050 - asking why?
Well for those that don't know...
Climate Action Tracker says even new promises push temperature past well past goal of 1.5 C.
Here to help with your Net-Zero facility changes...
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esgjuly · 10 months ago
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How Do Businesses Aim for Net Zero?
Being one of Agile Advisors' top Net Zero Consultant, A corporation that strives for net zero emissions is making an effort to make sure that it does not release more greenhouse gases into the atmosphere than it takes out. A company must aim for net zero emissions, meaning that none of its operations, supply chain, goods, or services should negatively affect greenhouse gas emissions [1]. This can be achieved by lowering their emissions through increased productivity, product innovation, investments in the production and purchase of renewable energy, or using offsetting techniques to balance off the emissions they produce. Buying carbon credits or utilizing carbon capture, use, and storage (CCUS) are two examples of offset strategies.
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In terms of Agile Advisors, we are a Net Zero, the net-zero initiative aims to prevent climate change's effects and maintain a habitable planet. To achieve this, the rise in global temperature must be kept below 1.5°Cover pre-industrial levels. To limit global warming to 1.5°C, reducing emissions by 45% by 2030 and achieving net zero emissions by 2050 [2]. Beyond the environmental benefits, businesses can benefit from joining the net zero movement. Many companies utilize their green energy initiatives as a marketing tool to draw in environmentally conscientious clients [3]. Investor interest is expected to rise with the growing popularity of the net zero project and a reputation for environmental sustainability.
In our capacity as Agile Advisors with Net Zero Carbon, in addition to saving money on energy and water, waste reduction can help prevent future carbon and waste taxes [4]. Sky is a media and entertainment corporation based in Europe. With 23 million subscribers, Sky operates in six countries and offers apps, sports, entertainment, news, art, and original content [5]. In 2006[6], it became the first media company to achieve carbon neutrality. Sky has said in the open that it wants to achieve net zero carbon emissions by 2030 through significant changes to several firm operations, including suppliers and products [7]. Currently, Sky's internal operations are entirely run on renewable energy.
To assist you as an Agile Advisor Net Zero Consultancy, every engineer's car is electric, and no single-use plastic is in the product packaging. It is also a member of "Albert," the sustainability consortium for the television industry [8]. Sky was one of the official sponsors of the global climate change meeting COP26 in 2021[9]. Sky has also engaged in global reduction or removal efforts to compensate. These include water infrastructure projects in Kenya, reforestation in Mexico, and renewable energy initiatives in China and India. Additionally, Sky funds a 200,000-native-tree reforestation effort in Scotland that will benefit the local people, environment, and biodiversity.
In our opinion as Net Zero, Sky has declared additional modifications it plans to implement by 2030 to attain net zero throughout its value chain. Sky now uses electric vehicles for its engineers, but by 2030, it wants all of its fleet to have net zero emissions. Sky wants to reduce the energy content of its tech products, create the world's most sustainable film and TV studios, and help all of the businesses that partner with it reach their own net zero carbon production targets. In addition, Sky wants to educate and empower its millions of users to lessen their carbon footprint. The Science-Based Targets Initiative confirmed these measurements.
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stefanxhunga · 5 years ago
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The only way we'll achieve net-zero carbon emissions is if we innovate, deploy, and invest across all sectors. http://bit.ly/2T5wt9K #billgates #way #netzerocarbon #emissions #innovate #invest #influencer https://www.instagram.com/p/B89Em8aJJD8/?igshid=crtqtlnpgodt
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stevesaunders-blog1 · 5 years ago
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The journey towards net zero carbon infrastructure
With poverty and disadvantage expected to grow as global temperatures continue to rise, limiting global warming to 1.5°C, compared with 2°C, could reduce the number of people both exposed to climate-related risks and susceptible to poverty by up to several hundred million by 2050 (IPPC, 2018). This demonstrates the impact of UN Sustainable Development Goal 13: Climate Action has on other SDG’s, such as No Poverty, Zero Hunger, Affordable Clean Energy, Life Below Water and Life on Land.  
In May 2019, in response to the UN Intergovernmental Panel on Climate Change’s (IPCC) warning that we have just twelve years to limit climate change catastrophe, UK Parliament declared a national climate emergency. By the end of 2019, 245 local authorities across England, Scotland, Wales and Northern Ireland have followed suit (Climate Emergency Declaration, 2019).  
As one of the 245 local authorities to declare a climate emergency, Devon County Council have formed the Devon Climate Emergency Response Group with responsibility for developing a Carbon Plan and guiding the county to net zero carbon by 2030. In January 2020, Griffiths, the company I work for, became the first private sector company to sign up to the Devon Climate Declaration (T Dixon, 2020).
However, to achieve net zero by 2030, decarbonisation of the South West’s infrastructure must be a priority. The way we heat our houses, feed our families, travel, access healthcare and education will all need to be decarbonised – no easy task as a study by Exeter University shows 83% of all emissions in Devon, Plymouth and Torbay is a result of homes and buildings, road transport, and farming (Exeter Daily, 2019). Numerous sectors within the construction industry will need to come together and take a systems approach to solving problems on a scale never seen before.
Having achieved a 20% carbon intensity reduction on 2010 levels by 2019 – one year ahead of schedule, Griffiths now need to accelerate efforts to support Devon achieve their 2030 targets. Reducing operational carbon, such as emissions from plant and machinery, will help but we must look at the bigger picture. New infrastructure must encourage Devon residents to choose walking, cycling and public transport as the preferred mode of transport. Dedicated, safer cycle paths linked to bus stations and electrified rail networks. In the 1900’s towns and cities across the UK operated their own electrified tram systems, yet today just eight networks are in operation.Griffiths played a major role in building the infrastructure for Bristol MetroBus. Despite initial criticism, operators now report over 2.8 million passengers travelled on the network in its first year. A recent survey by one of the operators, found 80% of customers would recommend the service to a relative or friend and 19% of respondents now choosing to leave their cars at home and making the switch to public transport (K Wilson, 2019)
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To discuss the decarbonisation of the south west’s infrastructure and the route to net zero carbon, for Devon County Council and other local authorities, I met with Peter Kydd, Member of the South West Infrastructure Partnership. We discussed roles and responsibility, funding and what the future infrastructure across the region might look like.
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 Podcast:  
https://youtu.be/v_SAyUk1eJY
References
Climate Emergency Declaration, 2019 https://climateemergencydeclaration.org/united-kingdom-60-per-cent-of-councils-have-declared-a-climate-emergency/
IPCC, 2018 https://www.ipcc.ch/site/assets/uploads/sites/2/2019/06/SR15_Full_Report_High_Res.pdf
T Dixon, 2020 https://www.devonclimateemergency.org.uk/griffiths-becomes-the-first-private-sector-company-to-sign-up-to-the-devon-climate-declaration/
Exeter Daily, 2019 https://www.theexeterdaily.co.uk/news/business-daily-local-news/devon-carbon-plan-process-launches
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factech007 · 2 years ago
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Hon'ble Dr. Ashwath Narayan C N (Minister of IT, BT, Higher Education, Karnataka) greeted by Deepak Dabas 🇮🇳 दीपक डबास (CEO, Factech Solutions) at #bengalurutechsummit2022 (Asia's largest Tech summit.
Briefed him about Factech's class-leading Digital Facility Management solutions that are contributing greatly to the #smartbuilding #netzerocarbon #sustainability targets of the country and boosting the quality of facility services.
Delighted to see the gamut of aspiring techno preneurs committed to excelling and succeeding under the visionary initiatives from state and center government. Great to have such leaders like Dr. Ashwath and Hon'ble PM Narendra Modi, who are inspiring and supporting the young talent in taking giant leaps and leading the country to an inclusive and exponential growth path.
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surveycircle · 3 years ago
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Tweeted
Participants needed for online survey! Topic: "How social housing providers are engaging residents" https://t.co/MpssyZODP7 via @SurveyCircle #sustainability #SocialHousing #tenants #retrofit #NetZeroCarbon #social #survey #surveycircle https://t.co/U2IcmbejuN
— Daily Research @SurveyCircle (@daily_research) Aug 19, 2022
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roberto1rota · 4 years ago
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Net-Zero Emissions challenge by 2050!
Today my client started taking action to Net-Zero.
What are your strategic plans for Net-Zero Emissions to be achieved by 2050?
What is the Net-Zero Challenge?
A voluntary initiative to encourage Canadian companies, particularly large industrial emitters, to develop and implement plans to transition their operations to net-zero emissions by 2050.
Here to help add value to your Net-Zero initiatives!
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vedantaaluminium · 3 years ago
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Our #engineers have converted old petrol-fueled motorcycles to zero-emission #lithiumionbattery #electricbikes inhouse, which will be used for patrolling our #Aluminium #Smelter at Jharsuguda, in Odisha. What a brilliant testimony to our vibrant #innovationculture, the talent of our employees and our commitment to #NetZeroCarbon operations by 2050!
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ashishbhalla · 7 years ago
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via Twitter https://twitter.com/_AshishBhalla_
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