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Advancing Decarbonization Across Industries #18

  • Writer: Thorics Insights
    Thorics Insights
  • Jan 8, 2025
  • 2 min read

U.S. Manufacturing and Decarbonization: Staying Local

A CSIS analysis suggests that U.S. manufacturing is unlikely to offshore operations amid decarbonization efforts. Policies such as the Inflation Reduction Act incentivize domestic production by supporting clean energy initiatives and supply chain resilience. These measures are ensuring that U.S. manufacturing remains competitive while reducing its carbon footprint (Read more on CSIS).

 

FGS Global Represents Decarbonization Group

FGS Global, a leading communications consultancy, has been appointed to represent a coalition advocating for decarbonization. As reported by O’Dwyer PR, the group’s initiatives include promoting policy changes, engaging stakeholders, and driving public awareness of the economic and environmental benefits of transitioning to a low-carbon future (Read more on O’Dwyer PR).

 

CPUC Concludes Microgrids Proceeding

The California Public Utilities Commission (CPUC) has closed a years-long proceeding on microgrids, limiting their integration into the state’s energy grid. According to Perkins Coie, this decision highlights ongoing debates about balancing energy resilience, grid reliability, and the role of distributed energy systems in decarbonization efforts (Read more on Perkins Coie).

 

Malaysian Steel Industry Calls for Lower Energy Prices

Malaysia’s steel industry has called for lower energy prices to support decarbonization efforts. SteelOrbis reports that high electricity costs remain a significant barrier to adopting energy-efficient technologies and processes. The industry is urging policymakers to introduce reforms that align energy pricing with sustainability goals (Read more on SteelOrbis).

 

Carbon, Pollution, and Profit: A Challenging Balance

An opinion piece in the National Observer argues that decarbonization must balance environmental goals with economic realities. The article explores how industries can turn carbon reduction into a profitable venture by investing in clean technologies, circular economies, and innovative business models that address both climate change and market demands (Read more on National Observer).

 

Renewable Energy Reaches 70% in Electricity Generation

Electricity generation achieved a record 70% renewable energy milestone in 2024, as highlighted by BNamericas. Solar, wind, and hydropower led the way, reaffirming the sector’s commitment to decarbonization. These advancements reflect a broader global trend toward cleaner energy systems, reducing dependency on fossil fuels (Read more on BNamericas).

 

British Columbia’s Decarbonization Success in Ferries

British Columbia is setting an example for Norway by showcasing effective strategies to decarbonize ferry fleets. As reported by CleanTechnica, the province has transitioned to hybrid-electric ferries, leveraging its renewable energy resources. These efforts demonstrate how sustainable practices in maritime transport can be replicated globally (Read more on CleanTechnica).

 

IMO Secretary-General Welcomes New Initiatives

The International Maritime Organization (IMO) has welcomed new global initiatives aimed at reducing shipping emissions. MarineLink reports that these include adopting low-emission fuels, electrification of vessels, and expanding carbon offset programs, signaling a significant shift toward sustainable maritime operations (Read more on MarineLink).

 

Heidrick & Struggles Expands Climate Sustainability Practice

Heidrick & Struggles has announced four strategic hires to expand its climate and sustainability practice, as reported by ESG News. These additions are set to enhance the firm’s capacity to support organizations in developing leadership and strategies for achieving decarbonization goals (Read more on ESG News).

 

 

 
 
 

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