The equity investment commitment will support Infinium’s Project Roadrunner, which will convert waste carbon dioxide and renewable power into low carbon eFuels, and has helped create deals with American Airlines and Citi.
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As the UN climate conference begins in Dubai, international sustainability financing and significant cuts in emissions remain key topics.
F-gasses have higher warming potential compared to carbon dioxide, and they are heavy contributors to climate change.
The United States is awash in natural gas, enabling it to meet future corporate demand — if regulators allow companies to build pipelines, according to a study.
Shipping Sector Faces ‘Significant Decarbonization Challenges’: Few Alternative Fuel Options, High Costs
According to a recent report from Sustainable Fitch, maritime shipping is struggling to decarbonize as alternative fuel options are reportedly economically unviable and remain in early stages of development.
The flight aims to prove the SAF’s viability as an option for decarbonizing air travel, but major government and private investment will reportedly be required to scale production toward meeting net-zero targets.
The strategy will work to help protect native vegetation and support sustainable agriculture in Brazil, Argentina, and Uruguay, which are responsible for about 30% of global trade flows.
The units are emissions free and can be used where power grid connections are impractical and where diesel generators are not an option, such as construction sites in remote locations or noise and pollution-sensitive cities as well as mining sites, data centers, or as emergency backup energy for hospitals and hotels.
The tool has already helped a manufacturer in India fund capital expenditures to reduce Scope 3 greenhouse gas emissions.
$80 million in government funding has been granted to the Saskatchewan Research Council to support licensing and development of the eVinci microreactor in partnership with Westinghouse.