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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

Net Zero 398
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To achieve net-zero, let’s agree on one definition of success

GreenBiz

To achieve net-zero, let’s agree on one definition of success. Mon, 09/28/2020 - 01:30. Reaching the 2015 Paris Agreement goals requires bold action from all sectors and levels of our society. But any chief sustainability officer will fall short of their responsibility if they simply cite net-zero as a strategic goal.

Net Zero 489
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Better Together: The Climate Pledge

GreenBiz

Join us for a conversation about the power of companies (big and small) coming together to tackle the climate crisis, and hear why Global Optimism and Amazon co-founded The Climate Pledge—a bold commitment to become net zero carbon by 2040—10 years ahead of the Paris Agreement. . Thu, 08/20/2020 - 08:42.

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Mon, 10/26/2020 - 00:05. percent of global greenhouse gas emissions, and has received flak over its failure to come up with a detailed, ambitious plan to decarbonize in line with the goals of the Paris Agreement. Michael Holder.

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Thu, 12/17/2020 - 00:20. Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. A new Swedish iron processing project could disrupt the global steel industry. Thomas Koch Blank.

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Southern Company Accelerates Clean Energy Transition With Expansion of Zero-Carbon Resources and Bold Net-Zero Goals

3BL Media

Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives. Our greenhouse gas reduction goals are to achieve 50% reduction from 2007 levels by 2030 and to reach net zero by 2050, consistent with the commitments of the Paris Agreement.

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HSBC invests in world’s first ‘reef credit’ system

GreenBiz

Mon, 12/07/2020 - 01:45. Traditionally, offset markets have been focused on credits for atmospheric carbon sequestration or restoration projects. The financial services firm recently completed the purchase of the first tranche of reef credits and plans to continue buying them as part of its net-zero commitment. Jesse Klein.

Net Zero 467