Remove 2027 Remove Net Zero Remove Stranded Assets
article thumbnail

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.

article thumbnail

Growing Market for Properties with a Purpose

Chris Hall

Bfinance, which produced a report on impact investing in real estate this month, noted: “Plenty of governments are pursuing ‘net zero’ targets or facing socio-economic problems after years of soaring inequality. Intersection of investment and politics. Both of these challenges are sharpened by today’s economic climate. “In

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 317
article thumbnail

Priorities for Financing Early Coal Retirement in Developing Countries

Chris Hall

According to the International Energy Agency , the world needs to cut 90% of coal use by 2050 and phase out all unabated coal power plants by 2040 to achieve net-zero emissions and avoid the worst impacts of climate change. These plants are expected to operate for decades and risk becoming “stranded assets” if they retire early.