Canadian fertilizer producer Nutrien to cut greenhouse gas emissions 30% by 2030 reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Canadian fertilizer producer Nutrien to cut greenhouse gas emissions 30% by 2030 09 Apr 2021 / 12:06 H. FILE PHOTO: FILE PHOTO: A general view of Nutrien s Cory potash mine is seen near Saskatoon, Saskatchewan, Canada August 12, 2019. –Reuters
APRIL 8: Canada s Nutrien Ltd, the world s largest fertilizer producer by capacity, said on Thursday it aimed to cut greenhouse gas emissions by at least 30% by 2030, in a plan costing the company up to $700 million.
Agricultural companies, including Mosaic and Corteva , have set carbon emissions targets as climate-conscious investors push firms to become more environmentally friendly.
Nutrien plans to spend $500 million to $700 million to meet the carbon emissions target, which includes cutting emissions from nitrogen production by 1 million tonnes of carbon dioxide equivalent annually by the end of 2023.
UPDATE 1-Canadian fertilizer producer Nutrien to cut greenhouse gas emissions 30% by 2030 msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
2/18/2021
By Rod Nickel
WINNIPEG, Manitoba, Feb 18 (Reuters) - Global sales of
potash fertilizer look to hit record highs this year, helped by
a spike in crop prices, but cautious North American producers
are keeping a lid on supplies.
Canada s Nutrien Ltd and U.S.-based Mosaic Co
have benefited as crop prices climbed to multi-year
highs, helped by strong Chinese demand. We believe there is a cyclical recovery in agriculture
underway, Nutrien Chief Executive Chuck Magro said on a
conference call.
As crop prices rise, farmers have greater incentive to apply
fertilizer and maximize yields.
Nutrien predicts the largest U.S. corn plantings in five
Facing green push on farm, fertilizer makers look to sea for growth
2/15/2021
Two of the world s biggest fertilizer producers, CF Industries Holdings Inc and Yara International Asa, are seeking to cash in on the green energy transition by reconfiguring ammonia plants in the United States and Norway to produce clean energy to power ships.
The consumption of oil for transportation is one of the top contributors to global greenhouse gas emissions that cause climate change, and fertilizer producers join a growing list of companies adjusting their business models to profit from a future lower-carbon economy.
By altering the production process for ammonia normally used for fertilizer, the companies told Reuters they can produce hydrogen for fuel or a form of carbon-free ammonia used either as a carrier for hydrogen or as a marine fuel to power cargo and even cruise ships.