Advancing Decarbonization Across Industries #25
- Thorics Insights
- Jan 14, 2025
- 3 min read
Lessons from Ontario and Alberta on Decarbonizing Electricity
A Fraser Institute study examines Ontario’s success in decarbonizing electricity generation and offers insights for Alberta’s transition. Ontario eliminated coal-fired power plants by adopting nuclear energy, natural gas, and renewables, achieving a significant reduction in emissions. Alberta can draw from these lessons by integrating renewable energy and leveraging its abundant natural gas reserves to achieve cleaner electricity generation (Read more on Fraser Institute).
Europe’s Path to Industrial Decarbonization
A World Economic Forum analysis outlines how Europe can decarbonize while retaining its industrial competitiveness. Key strategies include adopting green hydrogen, scaling renewable energy, and incentivizing low-carbon technologies in heavy industries like steel and cement. The article highlights the importance of aligning climate policies with economic growth to avoid offshoring emissions-intensive industries (Read more on World Economic Forum).
The Role of Nature in Carbon Sequestration
A Nature study emphasizes the importance of preserving and restoring natural ecosystems for carbon sequestration. The research highlights that forests, wetlands, and marine habitats play a critical role in absorbing atmospheric CO₂, providing a cost-effective and sustainable solution to complement technological carbon capture and storage initiatives (Read more on Nature).
DOE’s $186M Investment in National Lab Projects
The U.S. Department of Energy (DOE) has announced $186 million in funding for three projects led by national laboratories. As detailed by Energy.gov, these initiatives focus on developing advanced materials for clean energy systems, improving carbon capture technologies, and integrating renewable energy into industrial applications. This investment reinforces the role of public research institutions in driving innovation (Read more on Energy.gov).
Sustainable Aviation Fuel (SAF) Policies in the U.S.
An International Council on Clean Transportation (ICCT) event explores how U.S. state-level policies can pave the way for sustainable aviation fuel (SAF) adoption. SAF has the potential to reduce aviation emissions by up to 80%, and policies such as low-carbon fuel standards and tax incentives are crucial to scaling production and adoption (Read more on ICCT).
Volvo’s Vision for Decarbonization and Collaboration
At CES 2025, Volvo highlighted the importance of decarbonization technologies and partnerships to achieve net-zero transportation. Truck News reports that Volvo is investing heavily in electric trucks, hydrogen fuel cells, and digital logistics platforms to reduce emissions across supply chains. Collaboration with governments and industry partners is key to scaling these innovations (Read more on Truck News).
$6 Billion in U.S. Clean Manufacturing Investments
The Sierra Club celebrates $6 billion in clean manufacturing and metals investments in the U.S., signaling strong momentum toward industrial decarbonization. These investments focus on electrification, renewable energy adoption, and low-carbon material innovations, creating jobs while reducing emissions in sectors like steel and aluminum (Read more on Sierra Club).
White Summit Capital Secures €350M for Decarbonization Fund
White Summit Capital has raised over €350 million for its decarbonization fund, surpassing half of its €600 million target. According to ESG News, the fund will invest in projects focused on renewable energy, energy efficiency, and clean technology across Europe. This demonstrates the increasing role of private capital in advancing sustainability initiatives (Read more on ESG News).
Leadership in Metals Recycling and Decarbonization
Tamara Lundgren, Chairman and CEO of Schnitzer Steel, highlights the company’s leadership in metals recycling and decarbonization. As reported by Morningstar, Schnitzer’s efforts include using recycled metals in steel production and leveraging renewable energy in operations, showcasing how the circular economy can drive sustainability in heavy industries (Read more on Morningstar).
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