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The energy giant has set a target to generate billions of dollars from hydrogen, carbon capture and biofuels within the next decade
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Aside from decarbonising its refinery, the green hydrogen produced will be used by industry across Valencia
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Which technologies are considered the answer to the industry which produces 8% of the world’s emissions?
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This is a 15% increase from its previous investment plan
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Once completed in 2027, the plant will eliminate an estimated 810,000 tons of CO2 per year – equivalent to slashing nearly 40% of all Stanlow emissions
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Sweden believes the switch could see the city become carbon-negative by 2030
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It will support projects that increase the energy efficiency and environmental performance of vessels used for passenger, freight and combined transport
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It has successfully powered its freight trucks with vegetable and waste oils
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Marine and aviation require high energy densities to avoid frequent stops to refuel for long flights, international shipping routes and cross-country rail routes, making them hard to decarbonise
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The results will enable Rio Tinto to explore ways to reduce its carbon emissions from its marine fleet and inform its future biofuels strategy
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It currently produces 50 million gallons each year of fuel made from feedstocks
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Under the agreement, bp or it affiliates will buy Nuseed Carinata oil, a non-food cover crop, to process or sell into growing markets for sustainable biofuels production
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