The Climate Group and C40 Cities partner to launch the Zero Emission Vehicle Challenge
The Climate Group has partnered with C40 to launch a new initiative for promote the adoption of electric vehicles.
The Zero Emissions Vehicle Challenge has received report from London, New York, and Paris, as well as Unilever and EDF Energy.
The initiative seeks for states, regions, cities, and businesses to utilise their influence in order to encourage the expansion of the EV industry and increase demand.
The challenge aims to increases efforts towards decarbonising the road transportation market.
Specifically, the supporters of the imitative are targeting automakers to increase EV manufacturing and expand their EV portfolios.
Another aim is to promote the EV100 initiative launched by the Climate Group, focusing on business participation.
“It is time to talk about the endgame for the combustion engine and speed up the move from vehicles whose emissions pose health risks and a growing contribution to climate change,” stated Helen Clarkson, CEO of the Climate Group.
“We are calling on more global cities, states and businesses with the biggest fleets of cars and trucks to join this effort to put tens of millions of zero-emission vehicles on the roads and highways of every nation.”
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.