“Don’t weaken CO2 standards for trucks”, European businesses urge the EU, as they signal strong demand for electric

Major businesses are urging the European Commission in a letter to maintain ambitious CO2 standards for heavy-duty vehicles (HDVs) to maintain future investment in electric fleets. Signatories including IKEA, EDF, Geopost and DFDS have joined industry and civil society organisations in calling for clear, long-term policies that will help businesses to continue investing in electric trucks. Businesses want to increase investment in electric fleets to reduce their exposure to fuel price spikes. They warn that weakening EU’s HDV CO2 standards would undermine this choice, creating investment uncertainty. The letter argues…

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Global businesses shape “next era of energy”, as new data shows hourly matching is becoming more mainstream

Leading global businesses have joined forces to shape the next era of energy through 24/7 carbon-free electricity – helping companies worldwide to strengthen resilience, gain better insight into electricity use and reduce exposure to fossil fuel price volatility. All eight companies joining the 24/7 Carbon-Free Coalition will measure and report their hourly matched electricity use in at least one market within the next 2 years. AirTrunk, AstraZeneca, Cathay Financial Holdings, Cathay Life, Google, Princeton Digital Group, Shree Cement and Unilever will share learnings and shape transition pathways, paving the way for…

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Global businesses shape “next era of energy”, as new data shows hourly matching is becoming more mainstream

Leading global businesses have joined forces to shape the next era of energy through 24/7 carbon-free electricity – helping companies worldwide to strengthen resilience, gain better insight into electricity use and reduce exposure to fossil fuel price volatility. All eight companies joining the 24/7 Carbon-Free Coalition will measure and report their hourly matched electricity use in at least one market within the next 2 years. AirTrunk, AstraZeneca, Cathay Financial Holdings, Cathay Life, Google, Princeton Digital Group, Shree Cement and Unilever will share learnings and shape transition pathways, paving the way…

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Case for EVs ‘overwhelming’ as EU leaders start negotiations, Climate Group says

With European companies and consumers facing shock fuel prices, Climate Group is calling on EU policymakers to lock in the policy certainty needed to speed up the EV transition as a pathway to more stable and lower running costs. That means maintaining clear targets and standards, while continuing the rapid roll-out of supporting infrastructure.    As policymakers start negotiations on the EU Automotive Package, which will set the pace and direction of Europe’s shift to zero-emission transport, there is a growing risk that weakened CO₂ standards and increased flexibility could slow…

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Singapore’s first market-wide carbon benchmark for concrete launches

CapitaLand Development and Climate Group’s ConcreteZero initiative recently launched the Concrete Data for Concrete Action benchmark, Singapore’s first market-wide reference for examining the carbon footprint of concrete. The benchmark establishes a credible baseline for the embodied carbon intensity of concrete supplied in Singapore, giving the construction value chain a single, shared starting point for the first time.  Developed through collection and analysis of verified environmental data from concrete suppliers, the benchmark represents a weighted average of embodied carbon performance across commonly used concrete mixes.  With the benchmark as a shared rulebook,…

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