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‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

Investors that have set net zero targets for their portfolios have been cautioned to carefully evaluate their positions in majority state-owned oil and gas laggards. The NOC is planning to increase oil production capacity from 12 million barrels per day to 13 million by 2027. billion in 2022, a 46.5%

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Californian Pension Funds Face Forced Divestment of Fossil Fuel Holdings

Chris Hall

Two of the largest public pension schemes in the US face a critical legislative hearing this week which could shape the pace and nature of their net zero pathways. It requires divestment by 1 July 2027, and annual reports to be submitted to the legislature and Governor from February 2024.

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EU Policy, Investments Must Drive Energy Efficiency in Buildings

Chris Hall

C of global warming, 50% of all existing buildings need to be net zero by 2040, increasing to 85% by 2050, according to the International Energy Agency. Do they divest so the poorly performing assets are no longer on their books? In order for the real estate sector to decarbonise in line with 1.5°C Hunziker said. .

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Getting Lost in the Woods?

Chris Hall

Some feedstock generates more emissions than others and can take hundreds of years to regenerate – which is hardly conducive to achieving net zero by 2050. . Despite the ongoing debate, bioenergy is expected to remain a small, but nonetheless important, part of the net zero transition alongside solar and wind. .

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Despite the Headlines, 2021 Was A Year Full of Environmental Victories

Richard Matthews

The letter also seeks a net-zero electricity grid by 2035, a 50 percent target for electric vehicle sales by 2030, and a renewed commitment to international climate finance. The fossil fuels divestment movement continues to grow and as indicated in a recent report by DivestInvest, 1,500 investment institutions, responsible for $39.2