Saturday, January 28, 2023
  • Home
  • Markets & Companies
  • Business & Economy
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • Home
  • Markets & Companies
  • Business & Economy
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • Features
  • AE Magazine
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result

GE releases position paper on climate change

Jimoh Peters by Jimoh Peters
December 22, 2020
in INNOVATION
0
GE secures power equipment contract in Senegal
0
SHARES
14
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Building on its commitment to carbon neutrality in its operations by 2030 and announced intention to exit the new-build coal power market, General Electric has revealed its position that the accelerated and strategic deployment of both renewable energy and gas power can make substantial progress in combatting climate change in the near-term while securing a path to a lower-carbon emitting world in the future.

In a newly published paper expanding on its decades-long commitment to decarbonisation titled, ‘Accelerated Growth of Renewables and Gas Power Can Rapidly Change the Trajectory on Climate Change,’ GE said neither power source will be sufficient alone.

READ ALSO

Uber Eats celebrates fourth anniversary with 5.2% growth in Kenya

NFTs: Goldmine in Nigeria’s art space

According to the energy company, if deployed in tandem, they can provide decarbonisation at the pace and scale needed to help achieve substantial climate goals.

Read Also:

  • Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands
    Afrinvest, Interswitch, Obiano, UBA lead top 10 performing…
  • Absence of sacrifice hurting our polity, elections – Enechionyia
    Absence of sacrifice hurting our polity, elections –…
  • Scholarly opportunities in W’Africa and youth development
    Scholarly opportunities in W’Africa and youth development

In addition, the paper outlined multiple technical pathways for gas power to achieve a lower-carbon generating footprint through the use of low and zero-carbon fuels—including hydrogen—as well as carbon capture utilisation and sequestration technologies.

“Addressing climate change is an urgent global priority and one that we think we can do a better job of accelerating progress on—starting now—not decades from now,” said Chief Executive Officer of GE Gas Power, Scott Strazik.

“We believe there are critical and meaningful roles for both gas power and renewable sources of energy to play, advancing global progress faster today with coal-to-gas switching while continuing to develop multiple pathways for low-to-zero carbon gas technologies in the future.”

Tags: climate changeGeneral ElectricLower-carbon emissionrenewable energy

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Jimoh Peters

Jimoh Peters

Related Posts

Uber Eats celebrates fourth anniversary with 5.2% growth in Kenya
INNOVATION

Uber Eats celebrates fourth anniversary with 5.2% growth in Kenya

June 28, 2022
NFTs: Goldmine in Nigeria’s art space
INNOVATION

NFTs: Goldmine in Nigeria’s art space

May 30, 2022
Nigeria: Behind broadband penetration target
Telecoms

Nigeria: Behind broadband penetration target

May 30, 2022
Taking the 'Russophobic' threat seriously
Front Page

Taking the ‘Russophobic’ threat seriously

April 4, 2022
Gaining financial freedom via tech
Front Page

Fintech listings on NGX: The underlying issues

March 8, 2022
Data security concerns amid cloud adoption
Front Page

Data security concerns amid cloud adoption

February 21, 2022
Next Post
FG extends deadline for blocking SIM cards without NIN 

FG extends deadline for blocking SIM cards without NIN 


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Zelenskyy

Zelenskyy names Ezekwesili, others ‘Grain from Ukraine’ envoys

January 27, 2023
Absence of sacrifice hurting our polity, elections – Enechionyia

Absence of sacrifice hurting our polity, elections – Enechionyia

January 26, 2023
Brands in Nigeria

Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands

January 25, 2023
Rhodes Scholarships

Scholarly opportunities in W’Africa and youth development

January 24, 2023
Christmas and New Year holidays

Frustration of bank customers during public holidays

January 17, 2023

OAA agency celebrates as founder joins tourism experts

January 14, 2023
Ehizua Hub

Ehizua Hub, Igbinedion launch IUO Okada Hub

January 14, 2023

TRENDING

  • Brands in Nigeria

    Afrinvest, Interswitch, Obiano, UBA lead top 10 performing brands

    0 shares
    Share 0 Tweet 0
  • Scholarly opportunities in W’Africa and youth development

    0 shares
    Share 0 Tweet 0
  • Ehizua Hub, Igbinedion launch IUO Okada Hub

    0 shares
    Share 0 Tweet 0
  • Oke Layipo: A wasting goldmine

    2 shares
    Share 0 Tweet 0
  • Absence of sacrifice hurting our polity, elections – Enechionyia

    0 shares
    Share 0 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • CONSUMER PERSPECTIVE
  • PERSONAL FINANCE
  • MARKETS & COMPANIES
    • APPOINTMENTS
    • COMMODITIES
    • COMPANIES
  • BUSINESS & ECONOMY
    • AGRICULTURAL ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • STARTUPS
  • CULTURAL CURRENTS
  • EMPIRE
  • CORPORATE RENDEZVOUS