Published by Todd Bush on December 26, 2024
The Science Based Targets initiative (SBTi) has released updated plans for its sectoral standards targeting the oil and gas, chemicals, and power industries—three of the largest global emitters. _These updates aim to create science-aligned net-zero pathways, equipping businesses in high-emitting sectors with robust criteria to reduce their environmental impact.
“By prioritizing sectors with the greatest potential to drive decarbonization, the SBTi provides businesses with the tools they need to lead the energy transition,” stated the initiative.
>> In Other News: Frontier Climate's Alkalinity Sourcing Challenge: Driving Breakthroughs in Carbon Removal
The oil and gas industry is responsible for 85% of global CO2 emissions. SBTi’s new standard will guide companies on decarbonizing their business models while attracting financing and enabling a smooth energy transition.
The Terms of Reference details milestones, with a draft expected for public consultation in early 2025._A second consultation will extend to 45 days to ensure rigorous stakeholder input.
The chemicals sector supports 95% of manufactured products and is the third-largest industrial emitter worldwide, contributing to key industries like agriculture, construction, and healthcare.
SBTi’s Chemicals Sector Criteria is open for pilot testing and public consultation until January 10, 2025._The final criteria will be released in Q3 2025, aiming to decarbonize the sector and support its vital role in the global economy.
With the power sector responsible for the largest share of global CO2 emissions, SBTi plans to tackle its environmental footprint as electricity demand rises.
The first draft of the Power Sector Standard will be released for consultation in Q2 2025._Expert advisory groups are providing ongoing guidance to ensure practical and ambitious outcomes.
SBTi is also working on sector standards for automotive and apparel and updating its Corporate Net-Zero Standard to ensure compatibility across resources. These tools will streamline the target-setting process for businesses.
Timelines remain tentative, reflecting the complexity of consensus-building and stakeholder engagement. The updates represent a significant step forward in global decarbonization efforts.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia 🥤 Skytree Validates DAC System to Generate Pure, Beverage-Grade Liquid CO₂ On-Site 💻 Su...
Inside This Issue 💰 Louisiana's $3.5B Carbon Capture Surge Sets National Decarbonization Blueprint 🌍 UN Climate Summit To Feature First-Ever Carbon Removal Pavilion At COP30 🚛 AtmosClear Selects E...
Inside This Issue 💧 Five US Green Hydrogen Projects Begin 2025 Shift to Cleaner Energy 🪨 Conestoga Energy Submits Class VI Carbon Capture & Sequestration Permit Application to EPA Region 7 ⚡ P...
Lyon-Saint Exupéry Airport (LYS) has reached net zero emissions a year early, marking a major sustainability milestone for VINCI Airports’ global decarbonisation programme. VINCI Airports has anno...
Brossard, Quebec – TheNewswire – October 6, 2025 – Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (“Charbone” or the “Company”), a company dedicated to building North America’s fi...
CF Industries, Trafigura, and Envalior Announce Shipment of Certified Low-Carbon Ammonia
NORTHBROOK, Ill., October 3, 2025 – CF Industries Holdings, Inc. (NYSE: CF), the world’s largest producer of ammonia, today announced a shipment of certified low-carbon ammonia from its Donaldsonvi...
Orlando, FL., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Sustainable Green Team, Ltd. (OTC:SGTM) (“SGTM” or the “Company”), a leader in environmentally beneficial solutions, today announced the formation of...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.