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Climate policy survives the EU election – for now

Corporate Knights

and China are the more appealing destinations for net-zero industries.” If the far-right National Rally (RN) wins the domestic elections scheduled for June 30 and July 7, it would claim the post of prime minister, while Macron would continue as president until 2027.

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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 targets of 24 of the companies were found to not be aligned with the goals of the Paris Agreement. billion in 2022, a 46.5%

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

This is Maersk’s eighth green-methanol agreement, following the company’s recently announced several deals to source at least 730,000 tones of green methanol per year by the end of 2025. The commercial start for the project is anticipated to commence in 2027.

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Bloomberg report: Urgent deployment of existing technology can get world close to net zero

Envirotec Magazine

Although prevailing wisdom holds that time is running out, BloombergNEF’s New Energy Outlook 2024 seemingly shows how the world could still achieve the major goal of the Paris Agreement – holding global warming to well below 2°C and avoiding the worst impacts of climate change – and what it would take to get there.

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Take Five: Is Your Cup Half-full or Half-empty?

Chris Hall

Rachel Reeves is not the first Chancellor of the Exchequer to commit to pursuing policies to deliver net zero. billion) in capital investment over the next five years, enabled by a change to the government’s fiscal rules, some of which will be channeled into the net zero transition via GB Energy and the National Wealth Fund.

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UK CBAM Success Hinges on EU Ties

Chris Hall

Question marks The UK’s CBAM will be applied to Scope 1, 2 and some third-party emissions produced by imports including iron, steel, aluminium, ceramics, cement from 2027. The UK government decided to implement a UK CBAM in order to reduce carbon leakage risk, and has further recognised that the mechanism is an important part of “delivering the (..)

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Is the IMO Turning the Tide on Transition?

Chris Hall

With global trade highly dependent on shipping, achieving net zero may put wind in the sails of other industries’ climate ambitions. For the first time, the IMO has also agreed on an overarching objective to achieve net zero greenhouse gas (GHG) emissions by or around 2050.