Technology: Page 2

  • In an aerial view, the Kayenta Solar Plant is seen on June 23, 2024 in Kayenta, Arizona.
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    Brandon Bell via Getty Images
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    JPMorgan Chase, Capital One commit $260M to Arizona solar project

    The tax equity financing deal for BrightNight’s Box Canyon project is structured to give the banks access to production tax credits.

    By • Oct. 16, 2024
  • A technician uses a digital camera to inspect a heat exchanger.
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    Romaset via Getty Images
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    DOE allocates $43M+ to advance industrial decarbonization technologies

    The projects selected for the funding are expected to have implications for operators of industrial and commercial buildings, a U.S. Department of Energy official says.

    By Nish Amarnath • Oct. 15, 2024
  • Power lines and wind turbines are seen at dawn. Explore the Trendline➔
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    Alexander Koerner via Getty Images
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    Trendline

    The state of the clean energy transition in 2024

    This year saw a large volume of initiatives and investments from corporations focused on the clean energy transition — alongside a handful of reversions on carbon reduction goals.

    By ESG Dive staff
  • The ExxonMobil logo displayed at its campus in Houston, Texas.
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    Brandon Bell via Getty Images
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    ExxonMobil, Texas ink deal for nation’s largest offshore CO2 storage site

    The deal will allow the energy giant access to more than 270,000 acres of submerged land to store carbon dioxide under the surface of the Gulf of Mexico.

    By • Oct. 14, 2024
  • The Amazon logo is displayed on the exterior of an Amazon delivery station on November 28, 2022 in Alpharetta, Georgia.
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    Justin Sullivan / Staff via Getty Images
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    Amazon announces trio of climate fund investments for e-waste, low-carbon construction

    The tech giant’s climate pledge fund participated in funding rounds for startups it believes will accelerate its path to net-zero by 2040.

    By • Oct. 11, 2024
  • A close-up of an Uber app.
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    Matthew Horwood/Getty Images via Getty Images
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    Uber rolls out climate-focused features, updates to drive sustainability progress

    The ride-share giant’s expanded green product suite will allow users to hail more electric vehicles and track the amount of emissions they avoid by choosing sustainable transport options.

    By • Oct. 10, 2024
  • Conceptual image of green server room.
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    imaginima via Getty Images
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    Opinion

    4 ways tech can help CFOs navigate a tricky ESG landscape

    This year has marked the beginning of a groundswell of enhanced, regulated reporting on sustainability and climate data, writes Persefoni’s Emily Pierce.

    By Emily Pierce • Oct. 10, 2024
  • A large screen at an event shows a bubble graph of words that consumers believe makes a brand sustainable.
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    Katie Pyzyk/ESG Dive
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    Consumers are confused by packaging sustainability claims

    Between greenwashing, confusing terminology and a lack of information, a lot gets lost in translation, according to speakers from the National Retail Federation, NielsenIQ and others at recent industry events.

    By Katie Pyzyk • Oct. 8, 2024
  • A facade of Siemens' facility in Wendell, North Carolina
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    Permission granted by Siemens
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    Siemens’ free web tool aims to simplify decarbonization for commercial, industrial businesses

    The Decarbonization Business Optimizer provides baseline carbon assessments supported by datasets from federal agencies such as DOE and the EPA, Siemens Financial Services says.

    By Nish Amarnath • Oct. 2, 2024
  • Business professionals attending business conference and networking.
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    SolStock via Getty Images
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    ESG and sustainability conferences to watch in 2025

    Early agendas for 2025 events show a growing focus on decarbonizing data centers, as well as increasing climate financing and aligning ESG standards.

    By , • Oct. 1, 2024
  • Scientists stand beside a new carbon capture test unit.
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    Jeff J Mitchell via Getty Images
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    Opinion

    Results show carbon capture’s alleged promises are full of hot air

    The happy-talk DOE press information says nothing about the difficulties associated with building a first-of-its kind technology and hooking it up to a large-scale electric generator.

    By Dennis Wamsted • Sept. 30, 2024
  • Solar panels on a building in New York City.
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    Lisa-Blue via Getty Images
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    Schneider Electric’s building decarbonization tool aims to ease regulatory compliance

    The new calculator allows building owners and operators to simulate energy-saving retrofits and evaluate their impact on emissions to aid compliance with laws such as New York City’s Local Law 97, the company says.

    By Nish Amarnath • Sept. 30, 2024
  • Speakers discuss carbon credits during a session on stage.
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    Permission granted by Clifton Prescod for Dow Jones
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    Transparency on carbon credits’ quality is ‘critical’ for reducing corporate emissions, experts say

    Verra CEO Mandy Rambharos said companies purchasing carbon credits should be able to understand where those credits come from and feel confident listing it as a decarbonization investment.

    By • Sept. 27, 2024
  • A brown cylindrical stack rises behind some decorated fencing on a grassy hill. A body of water is visible in the background.
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    The image by Tdorante10 is licensed under CC BY-SA 4.0
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    EPA warns landfill owners to meet gas monitoring and collection obligations amid noncompliance

    The federal agency issued alerts that revealed its findings from over 100 inspections. It noted the climate impact of failing to control methane pollution and warned landfill owners that the agency would hold them accountable. 

    By Jacob Wallace • Sept. 27, 2024
  • A general view of GMC Hummer EVs on November 17, 2021 at General Motors' Factory ZERO electric vehicle assembly plant in Detroit, Michigan
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    Nic Antaya via Getty Images
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    White House backs $1B EV supplier fund

    Monroe Capital’s managed fund is focused on helping small- and medium-sized auto manufacturers transition to electric vehicle production.

    By Kate Magill • Sept. 27, 2024
  • Six executives from green banks in localities across the country announce the creation of the Green Bank 50 coalition.
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    Lamar Johnson/ESG Dive
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    Climate Week NYC 2024 kicks off with carbon removal deals, green banking coalition

    The annual climate event launched with announced commitments to triple nuclear energy financing, decarbonization initiatives across the aviation sector and some carbon offset deals.

    By • Sept. 24, 2024
  • Servers racks in server room cloud data center.
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    Kwarkot via Getty Images
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    BlackRock, Microsoft, others form AI and energy infrastructure investment partnership

    Microsoft President Brad Smith said the funding necessary to build out the data centers, AI factories and energy needed to power them “goes beyond what any single company or government can finance.”

    By • Sept. 19, 2024
  • Solar panels in a desert with storm clouds in the background.
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    trekandshoot via Getty Images
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    US solar panel manufacturing jumps fourfold after Inflation Reduction Act

    The sector is enjoying massive production investment thanks to the clean energy law, even as it contends with heightened tariffs.

    By Joelle Anselmo • Sept. 19, 2024
  • The outside of a factory is seen. A sign with "JBS" in red letters is plastered on the front.
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    Chet Strange via Getty Images
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    JBS unlocks renewable gas production at US beef and poultry plants

    With help from GreenGasUSA’s on-site systems, the Brazil-based meat giant plans to transform methane from its wastewater streams into sustainable fuel.

    By Nathan Owens • Sept. 18, 2024
  • A close-up of the Occidental Petroleum logo outside its headquarters.
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    Brandon Bell via Getty Images
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    Occidental’s 1PointFive secures up to $500M from DOE for carbon removal

    The Department of Energy’s Office of Clean Energy Demonstrations will provide the funding to develop a direct air capture hub which can remove 500,000 metric tons of carbon dioxide annually.

    By • Sept. 17, 2024
  • Actor Matt Damon speaks onstage at a Clinton Global Initiative event.
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    Spencer Platt via Getty Images
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    Matt Damon-backed WaterEquity pulls $100M+ from Microsoft, Starbucks, others for new climate fund

    The Water & Climate Resilience Fund aims to make safe water or sanitation accessible to 15 million people based across Africa, Asia and Latin America.

    By • Sept. 16, 2024
  • Heavy smoke clouds of carbon emissions spew from three cylindrical columns rising from a factory in the background, partly obscured by trees, with the roof of a house barely visible in the foreground.
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    Mark Wilson via Getty Images
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    EPA issues violation notice to ADM over carbon sequestration permit

    The violation relates to corrosion in a monitoring well at the agricultural supply chain company’s second injection site that has since been plugged and did not affect surface or groundwater, ADM said in a statement.

    By • Sept. 16, 2024
  • GM CEO Mary Barra and Hyundai Motor Group Executive Chair Euisun Chung signing the collaboration agreement while seated at a table covered in a black table cloth.
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    Courtesy of Hyundai Motor Group
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    GM, Hyundai plan global alliance on EVs, clean-energy tech

    The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.

    By Eric Walz • Sept. 13, 2024
  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google taps direct air capture startup for latest carbon removal deal

    The tech giant will purchase carbon removal credits from Holocene for $100 per ton of carbon dioxide, a price tag considered to be the lowest on record for direct air capture technologies.

    By • Sept. 11, 2024
  • The Bank of America logo is displayed on the side of a Bank of America branch office January 20, 2010 in San Francisco, California.
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    Justin Sullivan / Staff via Getty Images
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    BofA closes $205M tax equity deal for carbon capture, clean fuel credits

    Bank of America will purchase carbon capture and clean fuel production tax credits in a novel financing deal with biofuels producer Harvestone Low Carbon Partners.

    By • Sept. 11, 2024
  • Larry Fink, CEO of BlackRock, speaks at a roundtable discussion.
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    Sean Gallup via Getty Images
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    FERC greenlights BlackRock’s $12.5B purchase of Global Infrastructure Partners

    The Federal Energy Regulatory Commission approved the transaction on the back of a blanket authorization it first granted the asset management firm in 2010.

    By • Sept. 10, 2024