As much as recent natural gas industry dynamics are influenced by price, the reality is that the global market always is truly driven by supply and demand. Where gas reserves reside, where energy demand is needed, and how supply is being transported all tell a more holistic story of the market’s dynamics. The current disparity in supply and demand is giving natural gas buyers the upper hand in negotiating contracts and is affecting how organizations throughout the value chain are planning for the future.
The newly released 2017 Strategic Directions: Natural Gas Industry Report by Black & Veatch examines how organizations are planning for long-term, sustainable operations that can accommodate rising supplies and deliver them to markets eager to use natural gas as a cheaper and cleaner power generation source.
The UPS Foundation announced that it will award more than $2.6 million in grants to nonprofit organizations focused on environmental initiatives that align with UPS's new sustainability goals. Organizations include The World Resources Institute, The Nature Conservancy, World Wildlife Fund, and others.
Marathon Petroleum Corp. (NYSE: MPC) has released its 2017 Citizenship Report, which includes expanded data on safety, greenhouse gas emissions, process safety events, waste generation and more.
While energy conservation efforts in Japan are progressing, household energy consumption continues to rise. The Japanese government has set a goal for more than half of all newly- constructed detached houses to be ZEH by 2020, and almost all newly-built houses by 2030. However, ZEH accounted for only about 4.3% of newly built detached houses in fiscal 2016, indicating a low rate of adoption.
Whirlpool Corporation is the number one major appliance manufacturer in the world. In their Ohio plant, they had more than 20 million pounds of corrugated cardboard waste, and are anticipated saving more than $1 million over the next three years. The passion around sustainability is being able to see the impact and being able to go home and tell your children what you do.
With the UN Climate Change Conference COP23 taking place in Germany early November, this month's GRI podcast features an interview with Munich Airport telling about their innovative ways to reduce greenhouse gas emissions. We also have a report from our Regional Hub China, and a round-up of the latest sustainability news.
Most of us associate Napa and Sonoma counties with delicious wine and rolling hills. But this year those hills were ablaze. Dozens lost their lives, thousands were displaced, and millions of people suffered from the fire’s noxious fumes. This week on Sea Change Radio our guests are journalist Jeremy Miller whose recent article about the fires appeared in the New Yorker magazine, and Ed Struzik who just published a book chronicling the connection between wildfires and climate change.
The water crisis and its resulting challenges have also impacted business and industry around the world, and will continue to do so. The expanding global industry in water-related products and services includes bottled water, water purification, desalination, and recovery technologies in addition to dam and pipeline construction, urban water and sewage infrastructure, irrigation technologies, and agribusiness. In addition, numerous other sectors are deemed to be particularly vulnerable to water stresses including waterintensive sectors such as clothing, automobiles, food and beverage, biotech and pharmaceutical, electronics, mining, refining, and electric utilities (Pacific Institute, 2007).
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