Remove 2025 Remove Net Zero Remove Stranded Assets
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Is the LNG industry gaslighting the path to net-zero?

Corporate Knights

Ottawa is currently developing a transition taxonomy – essentially a guideline as to which types of investments are appropriate in the transition to a net-zero economy. However, natural gas still produces CO2 emissions and expanding supply and demand is inconsistent with net-zero plans. TC Energy’s $14.5-billion

Net Zero 360
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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. The second aim states that signatories should achieve net-zero emissions from electricity consumption by 2030. Is Bitcoin the next stranded asset? The CCA set two interim objectives.

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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Former chair of the Committee on Climate Change Lord Deben believes the country can get back on track to net zero and regain its status as a global leader. The new government must rectify this and produce a detailed, complete programme showing how it will reach net zero by 2050,” he advised. It’ll be a mess.”

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Advocates urge regulation of banks’ climate commitments to avoid greenwashing

Corporate Knights

In a report released the same day, the three advocacy groups recommend that Ottawa ’ s banking regulator require financial institutions to adopt a “ credible climate plan ” that would include interim targets for 2025 and 2030. . Senator Rosa Galvez is also critical of the regulator ’ s approach.

Banking 361
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Ontario and Alberta are building natural gas plants despite lower costs of renewables

Corporate Knights

While the grid operators in Ontario and Alberta are both “investigating pathways to a net-zero power grid,” CEC points to a fatal flaw in their analysis — they rely too often on obsolete data that may go back as far as 2001, or draw from experience in other countries.

Net Zero 313
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Canadian pension funds are starting to embrace the green transition

Corporate Knights

Our new report, produced in collaboration with the Ottawa-based Smart Prosperity Institute and funded by the Trottier Family Foundation, finds that pension managers’ support for the green transition is growing but still nowhere near the pace required to meet global net-zero-carbon targets. 79000 0.14

Net Zero 301
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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Those organisations that have not considered reducing these emission sources could be misunderstanding the double materiality risks they carry: the risks to their business, like stranded assets or reputational risks, and their contribution to making the Earth uninhabitable. However, greater action is required to fully realise this.

Net Zero 113