Remove 2020 Remove Carbon Offsets Remove Stranded Assets
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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas. That work was meant to conclude by 2020. billion in 2020/21 and another $1.5 Carbon Capture Backed by Carbon Offsets? Those guidelines are due to be released in 2024.

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

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” By contrast, the report makes no mention of risky and controversial attempts at solar radiation management (SRM) and leaves out any reliance on carbon offsets.

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Energy Transition Accelerator

Chris Hall

Annual clean energy investment in EMDEs needs to increase by more than seven times, from US$150 billion in 2020 to over US$1 trillion a year by 2030, according to an International Energy Agency (IEA) report. . How will the ETA work? . The deal committed US$8.5