Towngas supports VTC Carbon Neutrality Forum 2024
New
2024-06-17
Climate change is the defining challenge of our time. Extreme weather, the rise of temperature, and other impacts not only cause an ecological impact, but also bring uncertainties to various industries. To combat climate change, many countries and regions are actively implementing environmental protection and carbon reduction measures to mitigate the impact of global warming on society. On 17 June 2024, the Vocational Training Council (VTC) held its first Carbon Neutrality Forum. The event invited industry experts to discuss strategies for carbon reduction, renewable energy, green transportation, low-carbon transition, and environmental education. Participants exchanged ideas and insights on the opportunities for sustainable development in Hong Kong.
Mr Don Cheng, Towngas Head of Commercial – Hong Kong Utility and Head of Sustainable Green Energy Hub, served as a keynote speaker at the forum and shared on the topic of “Zero Carbon Mobility” Mr Cheng shared the development of the company’s green energy initiatives, such as hydrogen energy, green methanol, and sustainable aviation fuel, to support the national “30-60” dual carbon goals and the HKSAR Government’s 2050 carbon neutrality strategy. “At present, transport makes up around 20% of total carbon emissions in Hong Kong. Towngas is committed to transforming into a green, low-carbon energy supplier, conducting research and providing different new energy plans for sea, land and air transportation, including collaboration with Veolia to develop Hong Kong’s first green hydrogen project, producing hydrogen from landfill biogas.”
With over 160 years of experience and a 3,700-kilometre pipeline network, Towngas has the infrastructure advantage for hydrogen transmission and supply, and therefore can provide hydrogen to land transportation. Additionally, the green methanol produced by Towngas in Inner Mongolia can be used by the shipping industry, while EcoCeres, Inc., incubated by the Company, is expanding its production capacity for sustainable aviation fuel to provide eco-friendly energy for the aviation sector.