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Intercontinental Exchange: ICE Announces Update on Global Environmental Complex as the ICE Global Carbon Futures Index Hits Record High and EUA Options Reaches Record Volume


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Global Carbon Futures Index serves as a benchmark for the global price of carbon
Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced an update on its global environmental complex, as the ICE Global Carbon Futures Index value (ICECRBN) reached a record on February 12, 2021, with a weighted average price of $39.08/tonne, and ICE EU Carbon Allowance (EUA) Options reached records in February for total volume traded of more than 412,000 contracts, and for Average Daily Volume (ADV) of more than 20,500 contracts.
ICE offers customers access to the largest and most liquid environmental markets in the world and launched the Global Carbon Futures Index in April 2020 to serve as a benchmark for the global price of carbon. The Index measures the performance of a long-only basket of ICE EUA futures, ICE California Carbon Allowance (CCA) futures, ....

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ABB calls for faster adoption of high-efficiency motors and variable speed drives


ABB calls for faster adoption of high-efficiency motors and variable speed drives
05 March 2021
ABB has released a white paper Achieving the Paris Agreement: The Vital Role of High-Efficiency Motors and Drives in Reducing Energy Consumption that reveals the potential for significant energy efficiency improvements in industry and infrastructure enabled by the latest and most high-efficiency motors and variable speed drives. ABB is calling on governments and industry to accelerate adoption of the technology to help combat climate change.
According to the International Energy Agency (IEA), industry accounts for 37 per cent of global energy use and some 30 per cent of global energy is consumed in buildings. Motor and drive technologies have seen exceptionally rapid advancement in the past decade, with today’s innovative designs delivering remarkable energy efficiencies. However, a significant number of industrial electric motor-driven systems in operati ....

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MHI Group Presents Best Innovation 2020 Awards for Activities that Contribute to Reducing Environmental Loads


- Recognition of products, technologies, and business activities that contribute to the conservation and protection of the global environment.
- Providing the world with products, technologies, and services that contribute to reducing the environmental impact, and helping to address issues on a global scale.
- Supporting the achieving of SDGs and resolution of social issues, providing better products, technologies and services, and building a sustainable society
TOKYO, Mar 5, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has determined the recipients of its 2020 Best Innovation awards, an in-house program to recognize activities that contribute to the conservation and protection of the global environment, and the lowering of environmental loads. The aim is to raise environmental awareness among corporate group employees and encourage further innovation. ....

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European 2021 Ford Mustang Drops EcoBoost Engine Over Low Sales


autoevolution
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5 Mar 2021, 17:35 UTC ·
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When the Ford Motor Company introduced the sixth generation of the Mustang, a few people were not impressed by the EcoBoost four-cylinder turbocharged engine. The 2.3-liter engine doesn’t make pleasant sounds either, which is why the Active Noise Control system is programmed to pump artificial induction and exhaust sounds inside the cabin.
33 photos
It’s obvious that Ford offers the EcoBoost as a way of bringing more customers into the showroom, but the Blue Oval missed an important detail about this motor. European buyers want a bellowing V8 because the Mustang wouldn’t be American without eight cylinders and a cross-plane crank. Also worthy of note, European cars have always had small powerplants, which defeats the purpose of the Mustang EcoBoost in the Old Continent. ....

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