Fossil fuel

Cummins Arabia and Sullivan Palatek Form Strategic Alliance to Distribute Portable Air Compressors in the UAE

Retrieved on: 
Tuesday, December 5, 2023

DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).

Key Points: 
  • DUBAI, UAE, Dec. 5, 2023 /PRNewswire/ -- In a strategic move that promises to reshape the landscape of air compressor market in the UAE, Cummins Arabia has joined forces with Sullivan Palatek Asia (SPA).
  • This alliance introduces SPA's Diesel Driven Portable Air Compressors to the UAE market, under the exclusive distribution of Cummins Arabia.
  • Sullivan Palatek, with a rich legacy in the compressor industry, mirrors Cummins' ethos of dependability and innovation.
  • With a majority of Sullivan Palatek's range powered by Cummins engines, Cummins Arabia's well-established network and technical capabilities offer unmatched support in the field.

The Rockefeller Foundation: The World Can Limit Global Warming to 1.9 °C by 2090

Retrieved on: 
Wednesday, November 29, 2023

NEW YORK, Nov. 29, 2023 /PRNewswire/ -- Ahead of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), The Rockefeller Foundation's new report identifies the core components of global action needed to prevent global warming from breaking 2 degrees Celsius (°C) by 2090. Analyzing data from 190 countries, the best-case scenario in Vulnerable Populations in a Warming World: Four Futures Explored requires developed and emerging economies to rapidly decarbonize while also supporting widespread access to renewable energy in the world's most energy-poor countries. With input from The Climate Impact Lab at Rhodium Group and Catalyst Partners, The Rockefeller Foundation's analysis also demonstrates the tangible effects of increased heat on health and mortality, agriculture and nutrition, and energy consumption across four global temperature scenarios ranging from 1.9 °C to 4.5 °C.

Key Points: 
  • While only responsible for 8% of the emissions currently accumulated in the atmosphere, energy-poor countries are often the most vulnerable to the impacts of climate change.
  • In the "Business as Usual" scenario, the world warms by 2.8 °C by 2090 because previous emissions trends for developed, emerging, and energy-poor countries continue along their current trajectory.
  • This report follows The Rockefeller Foundation's commitment to invest over $1 billion in advancing the global climate transition and achieving a science-based Net Zero standard for its operations globally.
  • Then, The Rockefeller Foundation committed $500 million, which remains its largest single investment.

Minister Guilbeault leads the Canadian delegation to the UN Climate Change Conference (COP28) to push for ambitious climate action

Retrieved on: 
Monday, November 27, 2023

The Honourable Steven Guilbeault, Minister of Environment and Climate Change, is leading the Canadian delegation to the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, from November 30 to December 12, 2023.

Key Points: 
  • The Honourable Steven Guilbeault, Minister of Environment and Climate Change, is leading the Canadian delegation to the United Nations Climate Change Conference (COP28) in Dubai, United Arab Emirates, from November 30 to December 12, 2023.
  • We will work with partners on a new climate finance goal for 2025 and beyond and identify ways to better leverage private capital for climate solutions.
  • Led by Minister Guilbeault, Canada's delegation includes Catherine Stewart, Ambassador for Climate Change; Michael Bonser, Canada's Chief Climate Negotiator; and Jean-François Tremblay, Deputy Minister of Environment and Climate Change.
  • – The Honourable Steven Guilbeault, Minister of Environment and Climate Change
    COP28 is the 28th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), an annual conference that coordinates international efforts to address climate change.

Wastewater Treatment Services Markets: Designing and Engineering Consulting, Building and Installation Services - Global Forecast to 2028

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Friday, November 17, 2023

DUBLIN, Nov. 17, 2023 /PRNewswire/ -- The "Wastewater Treatment Services Market by Service Type (Designing and Engineering Consulting, Building and Installation Services), End-User (Municipal and Industrial), Industrial End-user (Chemical & Pharma, Oil & Gas) and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 17, 2023 /PRNewswire/ -- The "Wastewater Treatment Services Market by Service Type (Designing and Engineering Consulting, Building and Installation Services), End-User (Municipal and Industrial), Industrial End-user (Chemical & Pharma, Oil & Gas) and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific is the largest wastewater treatment services market, accounting for the largest share of the market in 2022.
  • Building & Installation Service is expected to be the second fastest-growing type of the wastewater treatment services market, in terms of value, during the forecast period.
  • After planning & design, the actual construction and installation of wastewater treatment equipment is a crucial step in the wastewater treatment process.

Internationally Renowned Climate Champion Catherine Abreu Named 2023 Recipient of Canada's Walk of Fame National Hero Honour

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Thursday, November 16, 2023

TORONTO, Nov. 16, 2023 /CNW/ - Canada's Walk of Fame is pleased to announce internationally renowned, award-winning environmental champion Catherine Abreu as the 2023 recipient of the National Hero Honour.

Key Points: 
  • TORONTO, Nov. 16, 2023 /CNW/ - Canada's Walk of Fame is pleased to announce internationally renowned, award-winning environmental champion Catherine Abreu as the 2023 recipient of the National Hero Honour.
  • Catherine's work will be recognized during Canada's Walk of Fame's 2023 Inductee & Honouree Broadcast, airing on Saturday, December 16 at 7 p.m.
  • "The National Hero Honour was launched in 2021 to acknowledge a special Canadian whose impact in that particular year is remarkable.
  • "The essential work that Catherine does to preserve and protect our climate will have a lasting impact on future generations.

Energy Transitions Commission (ETC) calls for a rapid phase-down of fossil fuel demand and supply

Retrieved on: 
Thursday, November 16, 2023

COP28 must therefore gain global agreement to the rapid phase-down in the demand for and supply of all fossil fuels.

Key Points: 
  • COP28 must therefore gain global agreement to the rapid phase-down in the demand for and supply of all fossil fuels.
  • It is therefore also essential to rapidly phase down the demand for and supply of all fossil fuels.
  • "Any serious strategy to address the challenge of climate change must include commitments to run down the use and supply of fossil fuels.
  • They must be deployed as well as, not instead of, rapid reduction in fossil fuels use," said Ita Kettleborough, Director, Energy Transitions Commission.

Energy Transitions Commission (ETC) calls for a rapid phase-down of fossil fuel demand and supply

Retrieved on: 
Thursday, November 16, 2023

COP28 must therefore gain global agreement to the rapid phase-down in the demand for and supply of all fossil fuels.

Key Points: 
  • COP28 must therefore gain global agreement to the rapid phase-down in the demand for and supply of all fossil fuels.
  • It is therefore also essential to rapidly phase down the demand for and supply of all fossil fuels.
  • "Any serious strategy to address the challenge of climate change must include commitments to run down the use and supply of fossil fuels.
  • They must be deployed as well as, not instead of, rapid reduction in fossil fuels use," said Ita Kettleborough, Director, Energy Transitions Commission.

SOUTHWEST AIRLINES ANNOUNCES NEW ENVIRONMENTAL SUSTAINABILITY GOALS ON ITS PATH TOWARD NET ZERO CARBON EMISSIONS BY 2050

Retrieved on: 
Wednesday, November 15, 2023

DALLAS, Nov. 15, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced an updated sustainability strategy, Nonstop to Net Zero, which outlines the carrier's path toward its goal of achieving net zero carbon emissions by 2050 and supporting a more sustainable future for air travel. As part of the carrier's more holistic approach toward sustainability, it has established carbon, circularity1, and collaboration as strategic pillars to guide its ongoing strategy.  

Key Points: 
  • Carrier updates sustainability strategy to focus on carbon, circularity, and collaboration
    DALLAS, Nov. 15, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced an updated sustainability strategy, Nonstop to Net Zero, which outlines the carrier's path toward its goal of achieving net zero carbon emissions by 2050 and supporting a more sustainable future for air travel.
  • As part of the carrier's more holistic approach toward sustainability, it has established carbon, circularity1, and collaboration as strategic pillars to guide its ongoing strategy.
  • Southwest's new goals complement the carrier's existing sustainability plans of:
    Achieving net zero carbon emissions by 2050.
  • 7 Net zero is determined by a fuel with a carbon intensity of zero (0) gCO2e/MJ or lower on a lifecycle basis.

Daseke Reports Results for Third-Quarter 2023 and Updates 2023 Outlook

Retrieved on: 
Thursday, November 9, 2023

ADDISON, Texas, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (Daseke or the Company), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end markets, today reported financial results for the quarter ended September 30, 2023 and provided an update to its 2023 outlook.

Key Points: 
  • Jonathan Shepko, Chief Executive Officer of Daseke commented, "Our team remains focused on improving operational performance and deploying the technology components necessary to further our One Daseke transformation.
  • Daseke responded to these trends by providing increased capacity to strategically prioritize loads on the company-owned fleet for improved margin capture.
  • Operating expenses were $382.3 million in the third quarter of 2023, reflecting a $48.3 million reduction over the prior-year quarter.
  • Daseke will hold a conference call today at 11:00 a.m. Eastern time to discuss its third-quarter 2023 results and provide an update to its 2023 outlook.

Profire Energy Reports Financial Results for Third Quarter 2023

Retrieved on: 
Wednesday, November 8, 2023

LINDON, Utah, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2023.

Key Points: 
  • LINDON, Utah, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Profire Energy, Inc. (NASDAQ: PFIE), a technology company (the "Company") that provides solutions which enhance the efficiency, safety, and reliability of industrial combustion appliances, today reported financial results for its third quarter ending September 30, 2023.
  • Gross profit was $7.5 million, compared to $7.4 million in the second quarter and $6.1 million in the third quarter of 2022.
  • Gross margin was 50.4% of revenues, compared to 51.3% of revenues in the prior quarter and 47.7% of revenues in the prior-year quarter.
  • Total operating expenses were $4.9 million, compared to $4.2 million in the second quarter of 2023 and $4.0 million in the year-ago quarter.