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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. International shipping accounted for 2% of global energy-related CO2 emissions last year, according to the International Energy Agency (IEA). What progress has the IMO made?

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The announcement also connects to an international initiative under which Canada and Argentina launched a peer review of each other’s fossil fuel subsidies in 2018. increase in 2021, the Canadian Climate Institute reported in February). That work was meant to conclude by 2020. Carbon Capture Backed by Carbon Offsets?

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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

But in the blistering summer of 2018, there was nothing celebratory about the Rhine. The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. Historically, some 40% of the raw materials entering the site do so by freight ships. It obliged.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

“The choices and actions implemented in this decade will have impacts now and for thousands of years,” the UN agency states in its Sixth Assessment Report , a final synthesis that brings together six in-depth science and policy reports dating back to October, 2018.

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

Ahead of COP26, the Mission Possible Partnership released industry-backed roadmaps for steel, shipping and aviation, demonstrating it is technically and economically feasible for hard-to-abate sectors to develop pathways to net zero across their value chains this decade.

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