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Ten good news stories on climate and clean energy in 2024

Corporate Knights

This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. announced it had already cut methane emissions in half from the sector, exceeding its mandated 2025 target, and Alberta has done the same. And let's redouble our efforts in 2025. This fall, B.C.

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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. Is Bitcoin the next stranded asset? The post The crypto industry was supposed to decarbonize by 2025 - how’s that going? The CCA set two interim objectives. RELATED: Ethereum goes green overnight.

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

Chris Hall

In September, the Labour government announced plans to set the UK’s nationally determined contributions for 2035 between November 2024 and February 2025. In addition, the government is due to agree the seventh carbon budget in 2025, which will cover the period from 2038-2042. It’ll be a mess.”

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

Corporate Knights

There is also the risk that fossil fuel infrastructure is retired before the end of its economic lifetime and becomes a stranded asset—a liability taxpayers would likely pay for.” Provincial legislation calls for a 30% renewable grid by 2030, and renewables have grown from 9% to 22% of grid capacity in five years.

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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. .

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Canadian pension funds are starting to embrace the green transition

Corporate Knights

A group of finance experts tasked with developing a definitive taxonomy of sustainability for Canadian investors has just filed a preliminary roadmap, but they likely won’t publish a detailed taxonomy until 2025. These professionals control a vast amount of capital.

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The biggest carbon losers

Corporate Knights

While some investments are neutral (deemed neither “clean” nor “dirty”), in many cases these companies are still investing most of their capital into assets that will either lock in further GHG emissions or become stranded assets as the energy transition takes shape. dollars) through 2030. Whereas just 2.7%