LUT leaped to the world's top 200 business schools
LUT School of Business and Management (LBM) is among the world's top 200 business schools in the latest Times Higher Education (THE) World University Rankings 2020 for business and economics subjects. The latest ranking shows a significant leap for LBM, as it moved up from 301-400 in the previous year.
LUT places second among a total of seven Finnish universities included in the ranking.
"There are no shortcuts to excellence. I'm really happy to see that consistent hard work is paying off", says dean Sami Saarenketo.
Feasibility study for a synthetic fuels pilot production plant started
LUT University and a group of companies have started a feasibility study for a synthetic fuels pilot production plant. The intended industrial scale pilot facility is based on power-to-x technology, and it would be located in Joutseno, Eastern Finland. The target is to produce carbon neutral fuels for transportation.
"The use of fossil oil and gas as transportation fuels is coming to an end. They need to be replaced with carbon neutral fuels, and in this way set the CO2 emissions caused by transportation to zero", says Petteri Laaksonen, Research Director at LUT School of Energy Systems.
"Carbon sinks could be established on the African continent"
The founder of the energy and fuel company St1 Mika Anttonen says that getting our planet back on track requires radical approaches, systemic changes and a global carbon market.
"A global carbon market is an exemplary solution. The producer of carbon dioxide would pay to have the carbon they emit recovered from the atmosphere."
Carbon sinks could be established especially on the African continent.