September 8, 2023 - WorldOra Carbon News

North America's First Hydrogen Train | Happy Eco News This past June, North America’s first hydrogen train for passengers was launched in Quebec. The train is designed to show how electricity is stored as hydrogen and how it can replace diesel fuel on railways, especially where installing electrified rails or overhead wires would be challenging.

The hydrogen train uses about 50 kilograms of hydrogen per day which would replace 500 litres of diesel from the same journey. A train typically emits around 2.67 tonnes of CO2 for every 500 litres of diesel burned. The hydrogen train only emits water vapour that is generated when it takes hydrogen gas from its tank. The gas is combined with oxygen in the air, which is then combined into a fuel cell to generate electricity. The hydrogen gas is produced using an electrolyzer which uses electricity generated from Hydro-Quebec, which is 94% hydrogenated and 5% wind.

U.S. to Fund a $1.2 Billion Effort to Vacuum Greenhouse Gases From the Sky Nestled in this critical article on CDR, there are these paragraphs:

To achieve Mr. Biden’s goals, analysts say that the federal government and the states must use other tools, like tougher regulations, to cut emissions. That’s why some experts say that new technologies like direct air capture could be helpful.

“This summer’s horrible climate-related events, including today’s destruction of Maui, show the levels of greenhouse gas emissions are already too high,” said Michael Gerrard, an environmental law expert at Columbia University. “There is no scenario for meeting our climate goals that does not involve both the phaseout of fossil fuels and carbon dioxide removal on a massive scale. The technologies are still in their relatively early stage, but we’re going to need a lot of them, and we have to get going,”

To help new technologies get off the ground, the government is offering tax credits worth $180 for every ton of carbon pollution that is captured and stored by pumping it underground or into rocks, for example. Occidental and Battelle, in addition to being funded by the government, would be eligible for the tax credits.

On the California Bills requiring corporations to report their carbon emissions and also financial risk caused by global climate change, as of this morning they are both on their third reading. They have already passed the Senate and are being voted on this week or so.

Watershed blog post for businesses to understand how CA SB261, SB253 will effect compliance around the world. (Guide for companies)

Climate action in California has repercussions around the globe; the state has the fifth-largest economy in the world, and is forecast to become the fourth sometime this year. That’s why all eyes are on the Climate Accountability Package that was introduced in the California Senate in January and is now under consideration in the State Assembly.

Three separate bills are bundled into the Climate Accountability Package, though they share common goals: improving corporate transparency and standardizing corporate disclosures regarding carbon emissions; aligning public investments with climate goals; and raising the bar on corporate action to address the climate crisis. If these bills pass, they would compel thousands of companies doing business in California to disclose their scope 1, 2, and 3 greenhouse gas emissions and/or climate-related financial risk information. Some of these reports would be due as soon as December 2024.

Though these bills focus on companies that do business in the state, they are part of a global movement towards legislation that requires robust climate reporting from companies, including the SEC’s proposed climate disclosure rule in the US, and the Corporate Sustainability Reporting Directive in Europe.

The first California bill, SB 252, applies only to two California state pension funds, so for the purposes of this article, we will focus on the Climate Corporate Data Accountability Act (SB 253) and the Climate-Related Financial Risk Act (SB 261).