Month: March 2021

Boeing Commits to Deliver Commercial Airplanes Ready to Fly on 100% Sustainable Fuels

Stuart Mitchell

Boeing is setting an ambitious target to advance the long-term sustainability of commercial aviation, committing that its commercial airplanes are capable and certified to fly on 100% sustainable aviation fuels by 2030. Boeing has previously conducted successful test flights replacing petroleum jet fuel with 100% sustainable fuels to address the urgent challenge of climate change. According to the Air Transport Action Group, U.S. Department of Energy and several other scientific studies, sustainable aviation fuels reduce CO2 emissions by up to 80% over the fuel’s life cycle with the potential to…

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Climate Footprint Project launches toolbox to support governments with emissions tracking and monitoring

Stuart Mitchell

The Climate Footprint Project, an initative of the Under2 Coalition, has launched a new resource to support state and regional governments in improving their greenhouse gas (GHG) emissions tracking and reduction efforts. State and regional governments are at the frontline of cutting emissions to meet regional, national and international climate targets. But, to meet these targets, they must be equipped to measure and record their emissions. And this can be done through regional GHG inventories. Without a GHG inventory, governments don’t have a full picture of where emissions are coming…

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bp supplying free fuel for emergency services vehicles and free meals ‎for frontline health workers

Stuart Mitchell

bp is launching two initiatives to support essential services and frontline workers as they ‎continue to contend with the coronavirus pandemic, working closely with our partners and ‎suppliers.‎‎ ‎ First, bp is reintroducing its programme supplying fuel free of charge to UK emergency ‎services vehicles. bp ran a similar programme last year in which it supplied more than 10 ‎million litres of fuel free to emergency service vehicles across the UK. ‎ Under the programme, emergency services vehicles issued with either a bp Plus or Allstar ‎fuel card will be…

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Total Has Successfully Issued Hybrid Bonds To Finance Its Development Strategy in Renewables

Stuart Mitchell

Total SE has successfully issued perpetual subordinated bonds in the amount of €3 billion: €1.5 billion at 1.625% coupon for the tranche with a 7 year first call date €1.5 billion at 2.125% coupon for the tranche with a 12 year first call date The proceeds from the bonds will be used to finance its development strategy, mainly acquisitions, in renewables, in particular €1.7 billion for the acquisition of a 20% interest in Adani Green Energy Limited. With a weighted average coupon of 1.875%, this issuance that was very well…

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Sting in Down’s Syndrome Charity Campaign

Stuart Mitchell

To celebrate World Down Syndrome Day (Sunday 21 March 2021) CoorDown launches their global awareness campaign “The Hiring Chain”. Their message to employers all over the world is that hiring a person with Down syndrome not only changes the life of the person concerned, but can trigger a virtuous circle of new opportunities for everyone. Sting, the award-winning artist, performs the original song “The Hiring Chain”, which is the focus of the campaign video. The punchy, joyful lyrics come to life on screen and bear witness to the “virtuous” chain…

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