ESG 國際新聞週報 4/30-5/6

May 06,2024
Green and White Minimalist Earth Day Instagram Post-44
Resource:ESG TODAY

1.Canada to Require Plastic Producers to Track, Report on Plastics Placed on Market


The Canadian Government has introduced a new Federal Plastics Registry, aimed at supporting its zero plastic waste goals. This registry mandates plastic producers to report the types and quantities of plastics they introduce into the Canadian market, monitoring these materials from production to end-of-life. This initiative is in response to the alarming statistic that Canadians dispose of 4.4 million tonnes of plastic annually, with only 9% being recycled. Initial reporting, starting in September 2025, will focus on plastics used in packaging, electronics, and single-use products, with broader categories and details about plastic waste management to be phased in by 2027. The registry will exempt small producers handling less than one tonne of plastic.


2.EU Parliament Approves New Law to Boost Manufacturing of Key Decarbonization Technologies

The European Parliament has officially approved the Net-Zero Industry Act (NZIA) with a vote of 361 to 121. This act is a significant component of the European Commission’s Green Deal Industrial Plan introduced in March 2023, designed to enhance the competitiveness of the EU's industries in the transition to climate neutrality. The NZIA addresses Europe's dependence on imported technologies essential for achieving its climate and energy targets, especially amid global competition intensified by the U.S. Inflation Reduction Act. This Act allocated substantial funds to boost renewable energy and industrial decarbonization through various financial incentives.

The NZIA encompasses support for 19 critical technologies including solar technologies, wind energy, batteries, heat pumps, geothermal energy, electrolyzers, fuel cells, biogas/biomethane production, carbon capture and storage (CCS), nuclear power, and advanced grid technologies. It outlines measures like streamlining permitting processes, establishing sustainability criteria in public procurement, and setting ambitious targets such as achieving 50 million tonnes of annual CO2 storage by 2030. The Act aims for the EU to manufacture at least 40% of its annual deployment needs by 2030 and to secure 15% of the global market share for these technologies.

Additionally, the NZIA promotes the development of net-zero acceleration "valleys," which are clusters of companies specializing in specific technologies, to stimulate localized industrial ecosystems centered on net-zero innovations. Following the parliamentary vote, the legislation awaits the final approval from the EU Council to be enacted. This step is crucial for aligning Europe’s industrial capabilities with its climate and energy ambitions.

歐洲議會正式以361票對121票批准了《淨零產業法案》(NZIA)。這項法案是歐盟委員會於2023年3月提出的綠色交易工業計劃的重要組成部分,旨在提升歐盟產業在向氣候中立過渡中的競爭力。NZIA 解決了歐洲依賴進口技術來實現其氣候和能源目標的問題,特別是在美國通過減少通脹法案後,該法案通過各種財政激勵措施大力支持可再生能源和工業脫碳,從而加劇了全球競爭。

NZIA 涵蓋對19項關鍵技術的支持,包括太陽能技術、風能、電池、熱泵、地熱能、電解器、燃料電池、生物氣/生物甲烷生產、碳捕集與封存(CCS)、核能和先進的電網技術。它概述了諸如簡化許可流程、在公共採購中建立可持續性標準以及設定雄心勃勃的目標(如到2030年達到每年5000萬噸二氧化碳存儲)等措施。該法案的目標是到2030年,歐盟至少要自行生產其年度部署需求的40%,並獲得這些技術全球市場的15%份額。


3.Honda to Launch $11 Billion EV Value Chain in Canada

Honda has announced a significant investment of CAD$15 billion to establish a comprehensive electric vehicle (EV) value chain in Ontario, Canada. This initiative aims to enhance Honda’s EV supply system in response to anticipated growth in EV demand across North America. The value chain will encompass everything from raw material procurement for batteries to the production of finished EVs. Key components of the plan include building an innovative EV plant and a separate EV battery plant in Alliston, Ontario, with production slated to start in 2028. Additional facilities, including a cathode active material and precursor processing plant, and a separator plant, are planned through joint ventures with POSCO Future M Co., Ltd. and Asahi Kasei Corporation. This move follows Honda’s global commitment to electrification, targeting 100% of its vehicle sales from battery-electric and fuel cell electric vehicles by 2040. The project is supported by both the Canadian and Ontario governments, leveraging federal Investment Tax Credits and provincial incentives.

本田公司宣布將在加拿大安大略省投資150億加元,建立一個全面的電動車(EV)價值鏈。這項舉措旨在提升本田在北美日益增長的電動車需求中的供應系統。價值鏈將涵蓋從電池原材料的採購到成品電動車的生產。計劃的重點包括在安大略的阿利斯頓建造一家創新的電動車廠和一家獨立的電動車電池廠,預計2028年開始生產。通過與POSCO Future M Co., Ltd. 和旭化成公司的合資企業,還計劃建立陰極活性物質和前驅體加工廠以及分離器廠。此舉跟隨著本田的全球電氣化承諾,目標到2040年實現其車輛銷售100%來自電池電動車和燃料電池電動車。該項目得到了加拿大和安大略政府的支持,包括利用聯邦政府的投資稅收抵免和省級的直接及間接激勵措施。

4.EU Approves 2 Year Delay to Sustainability Reporting Standards for Specific Sectors and non-EU Companies

The EU Council has approved a directive to delay the adoption of sector-specific sustainability reporting standards under the Corporate Sustainability Reporting Directive (CSRD). This decision, following the European Parliament's earlier approval, postpones the implementation for both sector-specific European Sustainability Reporting Standards (ESRS) and reporting standards for non-EU companies. Initially proposed by the EU Commission to reduce reporting burdens, this delay allows companies more time to adjust to the new requirements, focusing on implementing the first set of sector-agnostic ESRS adopted in July 2023. The deadlines for adopting sector-specific ESRS and standards for non-EU companies have been extended to the end of June 2026, although the directive encourages the earlier adoption if possible.


5.McKinsey, JPMorgan, Alphabet & Others Sign $58 Million Biomass-Based Carbon Removal Deal Through Frontier

Frontier, a coalition formed by major companies including Stripe and Alphabet, has facilitated carbon removal agreements totaling over $58 million with Vaulted Deep, a biomass carbon removal and storage provider. Vaulted Deep will remove and store over 152,000 tons of CO2 by 2027, starting with over 18,000 tons this year. This effort supports the acceleration of carbon removal technologies, which are crucial for mitigating climate change. Vaulted Deep utilizes a method that converts biomass into a carbon-rich slurry, which is then injected deep underground, ensuring the carbon is stored for over 10,000 years. The new agreements will allow Vaulted Deep to expand operations and optimize their infrastructure for future projects.

Frontier,一個由Stripe和Alphabet等主要公司組成的聯盟,已經促成了總值超過5800萬美元的碳移除協議,與Vaulted Deep(一家生物質碳移除和儲存提供商)合作。到2027年,Vaulted Deep將移除並儲存超過152,000噸的二氧化碳,從今年開始超過18,000噸。這一努力支持加速碳移除技術的發展,這對於緩解氣候變化至關重要。Vaulted Deep使用一種方法將生物質轉化為富含碳的漿料,然後深入地下注射,確保碳被儲存超過10,000年。新協議將允許Vaulted Deep擴大運營並優化其未來項目的基礎設施。

6.DOE Allocates $500 Million to Infrastructure Projects to Transport Captured Carbon

The U.S. Department of Energy (DOE) has launched a new Funding Opportunity Announcement (FOA) offering up to $500 million to enhance CO2 transport infrastructure. This funding, part of the $6.5 billion allocated by the Bipartisan Infrastructure Law for carbon management projects over five years, aims to bolster the infrastructure required for the burgeoning carbon capture and storage industry in the U.S. The initiative is crucial as the current U.S. transport systems for CO2, which include pipelines, trucks, and rail, handle about 60 million metric tons annually. However, projections indicate that between 400 to 1,800 million tonnes of CO2 need to be captured and securely stored each year by 2050 to align with the U.S.'s net zero objectives. The FOA will support projects that develop transport systems linking multiple CO2 sources to storage or conversion sites, focusing on a variety of transport modes including pipelines, rail, trucks, and potentially barges or ships. This preemptive investment in transport infrastructure is designed to accommodate future growth in the carbon capture sector, leveraging economies of scale to minimize costs and environmental impacts by avoiding the future construction of redundant transport networks.