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Newfoundland and Labrador

World Energy Launches New Partner Program to Sharpen Focus and Better Serve Emerging Markets

– QuestZero program to provide innovation, infrastructure, fuel access and volumes Corporate leaders must achieve climate goals –

SAN JOSE, California., October 26, 2022 /PRNewswire/ — VERGE22 CONFERENCE — World Energy, a provider of net-zero carbon solutions, today announced the launch of QuestZero, a program focused on long-term partnerships between the climate solutions company and the world’s largest companies serious net- zero goals. The company will work directly with companies and work with them on carbon reduction strategies to reduce their Scope 1 and Scope 3 emissions. As a QuestZero partner, World Energy will enable business leaders to achieve their corporate goals to combat climate change in 10 years from air, ground, sea and rail by driving the innovation, infrastructure, access to fuel and the Provide amounts required to make mesh. zero real.

“As first movers for over 25 years, we are best at breaking down barriers, creating new opportunities, seeing what’s missing and doing it,” he said Gene Gebolys, CEO, World Energy. “The world has never needed more first movers, so let’s position ourselves to move.”

Through the program, participating companies receive sustainable fuel environmental attributes that are delivered as certificate credits. These credits provide emission reductions that enable companies to meet climate targets set by the Science Based Targets Initiative (SBTi). QuestZero partners will drive market-wide adoption and deployment of long-term sustainable credits that will accelerate the energy transition and catalyze the expansion of Sustainable Aviation Fuel (SAF), Renewable Diesel (RD), and Green Hydrogen (GH).2).

The corporate partnerships will allow World Energy to increase its focus on the low-carbon fuels value chain, innovation and infrastructure development to accelerate the decarbonization of the transportation sector and better serve new markets as they emerge. In support of the new program, World Energy has reorganized into core business units and a new green hydrogen subsidiary to have a dedicated focus on bringing clean energy solutions to commercial scale and accelerating the energy transition.

Announced June 2022, World Energy GH2, a subsidiary of World Energy, is one of the world’s first and largest projects in the emerging global green hydrogen effort. The Newfoundland and Labrador project combines existing wind potential, energy storage and efficient electrolysis to produce a fuel product from infinitely sustainable feedstock to decarbonize the hardest-to-reduce sectors.

As a green energy pioneer, World Energy has been commercializing fuel solutions for 25 years that address the world’s toughest decarbonization challenges. As the company embarks on the next phase of its sustainability journey, World Energy has launched a new brand identity that embodies the company’s mission to achieve net zero. As the world demands climate action, World Energy will drive greater speed, scale and efficiency to provide carbon reduction solutions to drive change. The new brand reflects the desire to always find the innovative edge and to accelerate the energy transition.

About world energy

World Energy is a low-carbon solutions provider focused on helping the world’s leading companies achieve their net-zero carbon emissions commitments. The company is delivering better and better solutions on an ever-increasing scale to efficiently reduce, accurately measure and transparently report CO2 emission reductions in air, sea, rail and road operations. Founded on Earth Day in Boston in 1998, the company has been marketing, manufacturing and selling low carbon fuels for more than two decades. www.worldenergy.net.

SOURCE World Energy

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