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The company aims to ditch fossil fuels for its heating systems in New York and Massachusetts by 2050
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Buildings are the largest source of greenhouse gas emissions in the state, responsible for 43% of annual emissions
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Governor Kathy Hochul announced New York has signed a multi-state agreement, including with an initial group of 40 hydrogen partners
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South Fork Wind will have a total capacity of 130MW and generate enough electricity to power 70,000 homes once completed at the end of 2023
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Firms can match their natural gas consumption with carbon offsets to support their net zero and ESG goals through Catalyst Power’s ‘Net Zero Natural Gas’ service
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The financing will enable NY Green Bank to invest in more clean energy and sustainable infrastructure projects across the state, in support of New York’s goal to reduce emissions by 40% by 2030
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It will buy voluntary carbon offsets from a portfolio of greenhouse gas reduction operations in the US and invest a portfolio of its bitcoin mining profits in renewable energy projects
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It will review its investments in energy sector companies within the next four years, with a view to divest from the ‘riskiest’ fossil fuel companies that contribute to climate change by 2025
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New York City, London and Berlin are among the cities which have committed to divesting city assets and pension funds from fossil fuel companies
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North American renewable fuel company Clean Energy has been contracted to provide RNG to power 800 transit buses in New York
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Bus engines will turn off at stops, while the accessories on board continue to operate on electric power stored on board
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The New York Energy Research and Development Authority and the Commission on Independent Colleges and Universities have joined forces for the initiative
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