Latest news with #emissions
Tahawul Tech
3 hours ago
- Business
- Tahawul Tech
Chinese mobile operators cut operational emissions
The Chinese mobile operation industry recently reduced their operational emissions for the first time in 2024. However the volume of mobile data traffic has nearly quadrupled since 2019. As a whole the industry has begun taking actions to improve its energy efficiency and increased the use of renewables. Before the decline last year, previous analyses found regular annual increases in emissions in China, which rose 7 per cent between 2019 and 2023. Energy consumption grew 30 per cent since 2019 as data consumption soared with the nationwide rollout of 5G services, with the nation ending 2024 with just over 1 billion 5G connections. Steven Moore, head of climate action at the GSMA, stated the opportunity in China is enormous, as operators can propel the industry forward in its efforts towards net zero. 'A lot more needs to be done, and it is encouraging to see the mobile industry in Greater China making progress in this way', he noted. 'However, this first decrease is only realised if it goes further next year. We must double down and ensure we are doing everything we can as a global industry to halve emissions by 2030'. The Mobile Net Zero: Greater China report, released at the event, noted the drop in emissions comes as a growing number of mobile operators in the region are setting voluntary climate targets. Four operators in Asia Pacific have validated near-term science-based targets, while three have validated net zero targets. Several key suppliers also have committed to science-based targets and 2050 net zero targets. The annual Mobile Net Zero report found the mobile industry trimmed operational emissions by 8 per cent between 2019 and 2023 despite surging demand. Source: Reuters Image Credit: Stock Image
Bloomberg
3 hours ago
- Business
- Bloomberg
Japan Seeks Gas Past 2050 as AI, Data Centers Set to Lift Demand
Japan is encouraging energy importers to secure liquefied natural gas past 2050 — the deadline the second-biggest buyer of the fossil fuel has set itself for net zero emissions. Several of the country's largest LNG buyers are considering 20-year supply deals with projects that would start after 2030, according to people with knowledge of the discussions, who asked not to be named as the negotiations are private. They aim to deploy technology such as carbon capture and storage to mitigate the emissions from burning the super-chilled fossil fuel under Japan's national target.
CBS News
6 hours ago
- Politics
- CBS News
Mass. lawmaker says proposed bill would not restrict personal vehicle use. Why opponents are concerned.
There's been a debate brewing online about a transportation bill that's making its way through the Massachusetts State House. As written, the bill aims to align the state's transportation plans "with its mandates and goals for reducing emissions and vehicle miles traveled." It's that last part that has some opponents concerned that the state might track vehicle miles traveled. Back in 2021, the state passed a law that requires Massachusetts reach zero emissions by 2050. A steep hill to climb, admits many lawmakers on Beacon Hill, but the mandate is just that. A requirement, not a suggestion. "It's not a goal. It's not wishful thinking. It is actually a law," said executive director of Massachusetts Fiscal Alliance, Paul Craney. "They have different metrics the state needs to meet or have to comply with." Craney was one of the loudest critics of the bill currently being discussed by state lawmakers. "Ultimately what this is about is control and limiting transportation and if you do need to transport yourself, doing public transportation," Craney said. "Specifically, vehicles. Cars and trucks. What they are trying to do is put mechanisms in place to limit mobility." Senate Majority Leader Cynthia Creem is a lead sponsor of the bill and was on the receiving end of a majority of the backlash that followed a committee meeting earlier this year. "It doesn't include fines, penalties, taxes" "This bill does not do that," Senator Creem said. "This bill does not impose restrictions on how much Massachusetts residents can drive nor where they can drive. It doesn't include fines, penalties, taxes on personal vehicle use and it was never the intent of myself or any of the advocates to put any strain on a person's individual liberties." Creem said the goal of the bill is to expand walking, biking, or train options for people in areas that don't have them, and said the language referring to "reducing vehicle miles" is a metric to keep the state in line with its zero emissions mandate. "It's really about options," Creem said. "It's not about telling people what to do. This is not big brother watching you. This is the little guy and the little woman having choices so it's the opposite of that." The bill has not reached a committee and is expected to undergo several rounds of edits.
ArabGT
17 hours ago
- Automotive
- ArabGT
The Jimny Departs Europe with a Collector's Edition
The Suzuki Jimny is bowing out from Europe—again. After facing increasingly stringent emissions regulations, Suzuki gradually phased out Jimny sales in Germany and across the EU by mid-2024. Once a light commercial vehicle workaround extended its life, even that option has now come to an end. As a parting tribute, Suzuki is launching the Jimny 55th Anniversary Edition — a limited run of just 55 units exclusively in France. This model not only celebrates 55 years and over three million units sold worldwide, but also marks the final bow of the Jimny's current generation in Europe. What Makes the 55th Anniversary Edition Special Based on the French Privilège V.U. trim, this special edition draws visual inspiration from the Jimny Horizon — the edition that marked the model's farewell in Germany. The 55th Anniversary model includes several exclusive features: Numbered commemorative plaque at the center console Retro-styled grille, side decals, and rhino-branded accessories Unique color options: White, Jungle Green, Bluish Black, and Medium Gray Extras like rubber floor mats, leather keychain, and a custom leather-bound logbook A 4×4 training course offered to French customers to master its off-road potential Standard features remain generous, including air conditioning, heated seats, Bluetooth audio, lane departure warning, traffic sign recognition, and automatic high beam assist. Performance and Dimensions The Jimny 55th Anniversary is powered by a 1.5-liter petrol engine, delivering 102 horsepower through a 5-speed manual transmission. While it lacks the automatic gearbox option in this edition, the Jimny has previously offered a 4-speed automatic in global markets. Weighing in at just 1,090 kg (2,403 lbs) and measuring 11.4 ft in length, it remains both agile off-road and practical in tight urban environments. Thanks to its body-on-frame construction, AllGrip Pro 4WD system, and exceptional clearance angles (37° approach, 49° departure, 28° breakover), the Jimny continues to be a serious off-roader, not just a nostalgia piece. Availability and Global Continuation Orders for the 55th Anniversary Edition were open in France only from June 2 to June 10, with customer deliveries scheduled for later in the month. If you're not on the list, it's already too late. Still, this goodbye is not the end. The Jimny lives on outside Europe, with ongoing availability across Australia, the Middle East, Africa, Asia, India, and Latin America. It continues to evolve with new 5-door variants and is offered in both manual and automatic transmissions in select markets.
Yahoo
20 hours ago
- Business
- Yahoo
Phillips 66 releases 2025 Sustainability and People Report
HOUSTON, June 19, 2025--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) released its 2025 Sustainability and People Report today, demonstrating the company's approach to helping supply the world's growing energy needs while advancing projects to reduce emissions and foster growth. "This report showcases our achievements in 2024 and the dedication of our employees to our transformative strategy," said Phillips 66 Chairman and CEO Mark Lashier, "We are committed to delivering affordable, reliable energy and investing in high-return projects that reduce emissions intensity, strengthen asset reliability and provide growth opportunities. We will continue to pursue strategic investments that align with our vision of being the leading integrated downstream energy provider." This year's publication highlights the company's 2024 sustainability performance and its approach to building a high-performing organization including: Reporting a 15% reduction in Scope 1 and 2 greenhouse gas (GHG) emissions intensity and an 8% reduction in Scope 3 emissions intensity compared to 2019 baseline levels. Expanding methane disclosures to align with shareholder feedback. Achieving a 38% reduction in injuries from serious incidents. Fostering career development through learning resources designed to meet unique employee needs. Phillips 66 has published annual sustainability metrics and information since the company was founded in 2012. The company is committed to providing transparent and meaningful disclosures relating to its workforce practices and sustainability initiatives, including important performance data. To read Phillips 66's 2025 Sustainability and People Report, go to About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit or follow @Phillips66Co on LinkedIn. Cautionary Statement for the Purposes of the "Safe Harbor" Provisions of the Private Securities Litigation Reform Act of 1995 — This news release contains forward-looking statements within the meaning of the federal securities laws. Words such as "anticipated," "estimated," "expected," "planned," "scheduled," "targeted," "believe," "continue," "intend," "will," "would," "objective," "goal," "project," "efforts," "strategies," "priorities" and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management's expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Forward-looking statements contained in this release include, but are not limited to, statements regarding progress made on sustainability goals and GHG emissions targets and investment in employee development and team building. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: the possibility that Phillips 66 may not fully realize the expected benefits of the announced transaction; the risk of any unexpected costs or expenses resulting from the announced transaction; changes in governmental policies relating to NGL, crude oil, natural gas, refined petroleum or renewable fuels products pricing, regulation or taxation, including exports; the company's ability to timely obtain or maintain permits, including those necessary for capital projects; fluctuations in NGL, crude oil, refined petroleum products, renewable fuels, renewable feedstocks and natural gas prices, and refined product, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for the company's products; changes to government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; liability resulting from pending or future litigation or other legal proceedings; liability for remedial actions, including removal and reclamation obligations under environmental regulations; unexpected changes in costs or technical requirements for constructing, modifying or operating the company's facilities or transporting its products; the company's ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that it may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected technological or commercial difficulties in manufacturing, refining or transporting the company's products, including chemical products; the level and success of producers' drilling plans and the amount and quality of production volumes around the company's midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; changes in the cost or availability of adequate and reliable transportation for the company's NGL, crude oil, natural gas and refined petroleum or renewable fuels products; failure to complete definitive agreements and feasibility studies for, and to complete construction of, announced and future capital projects on time or within budget; the company's ability to comply with governmental regulations or make capital expenditures to maintain compliance; limited access to capital or significantly higher cost of capital related to the company's credit profile or illiquidity or uncertainty in the domestic or international financial markets; damage to the company's facilities due to accidents, weather and climate events, civil unrest, insurrections, political events, terrorism or cyberattacks; domestic and international economic and political developments including armed hostilities, such as the war in Eastern Europe, instability in the financial services and banking sector, excess inflation, expropriation of assets, and changes in fiscal policy, including interest rates; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and properties, plants and equipment and/or strategic decisions or other developments with respect to the company's asset portfolio that cause impairment charges; substantial investments required, or reduced demand for products, as a result of existing or future environmental rules and regulations, including greenhouse gas emissions reductions and reduced consumer demand for refined petroleum products; changes in tax, environmental and other laws and regulations (including alternative energy mandates) applicable to our business; political and societal concerns about climate change that could result in changes to the company's business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of joint ventures that the company does not control; the potential impact of activist shareholder actions or tactics, and other economic, business, competitive and/or regulatory factors affecting the company's businesses generally as set forth in Phillips 66's filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise. View source version on Contacts Jeff Dietert (investors) Owen Simpson (investors) Al Ortiz (media) Sign in to access your portfolio
