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Advancing Decarbonization Across Industries #19

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

TPCODL Honored for Energy Conservation

TPCODL (TP Central Odisha Distribution Limited) was recognized in Kolkata for its outstanding contributions to energy conservation. Biz Industry reports that the company’s initiatives, including efficient power distribution and renewable energy integration, are setting benchmarks in sustainable energy practices. This recognition underscores the role of regional utilities in advancing India’s decarbonization goals (Read more on Biz Industry).

 

Best Airlines of 2024: Consumer Rankings

According to a Visual Capitalist analysis, U.S. consumers ranked Delta Airlines, JetBlue, and Alaska Airlines as the top performers of 2024. Rankings were based on criteria such as customer service, on-time performance, and sustainability initiatives. The aviation industry’s push toward decarbonization through sustainable aviation fuels and carbon offset programs also factored into consumer perceptions (Read more on Visual Capitalist).

 

EPA Approves California CO2 Storage Plan

The U.S. Environmental Protection Agency (EPA) has approved a carbon dioxide (CO₂) storage plan in California. As reported by CompressorTech2, the project involves capturing industrial CO₂ emissions and storing them underground to mitigate climate impacts. This approval marks a significant step in scaling carbon capture and storage (CCS) technologies as part of U.S. decarbonization strategies (Read more on CompressorTech2).

 

Growth of Fuel Cells for Marine Vessels

The market for fuel cells in marine vessels is projected to grow by $234.6 million between 2025 and 2029, driven by increasing demand for alternative propulsion and AI-driven innovations. According to The Malaysian Reserve, these technologies offer a sustainable solution to reduce emissions in the maritime sector, aligning with global climate goals (Read more on The Malaysian Reserve).

 

Banks Exit the Net-Zero Banking Alliance

A growing number of major banks are exiting the Net-Zero Banking Alliance (NZBA), citing concerns over stringent climate commitments. MishTalk reports that the departures highlight tensions between meeting net-zero targets and addressing profitability pressures. This trend raises questions about the banking sector’s role in supporting sustainable finance and decarbonization (Read more on MishTalk).

 

China’s Global Hydrogen Energy Race

China is accelerating its leadership in the global hydrogen energy race, with significant investments in green hydrogen production and infrastructure. Hydrogen Fuel News notes that China’s focus on hydrogen as a clean energy source positions it as a key player in decarbonizing heavy industries and transportation. However, competition with countries like Japan and Germany remains fierce (Read more on Hydrogen Fuel News).

 

Japan’s Net-Zero Ambition by 2050

Japan has reaffirmed its goal of achieving net-zero CO₂ emissions by 2050, emphasizing renewable energy adoption and technological innovation. EcoPolitic highlights Japan’s initiatives, including hydrogen integration, offshore wind projects, and energy efficiency programs, which aim to align economic growth with sustainability goals (Read more on EcoPolitic).

 
 
 

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