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Five Takeaways From Climate Week NYC 2024

3BL Media

Climate Week NYC is not one event, but a collision of more than 900 events at multiple venues across the New York metro area. Sustainability leaders in business, governments, civil society and the academic community all gathered to discuss the most pressing issues in the fight against climate change under the theme: “It’s Time!”

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Keysight’s Near-Term Science-Based Targets Approved by the Science Based Targets Initiative

3BL Media

Rapid emissions reductions are necessary to mitigate the worst impacts of climate change and limit global warming to 1.5°C. Keysight also commits that 73% of its customers by emissions covering use of sold products, will have science-based targets by fiscal year 2028.

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TES Launches $4 Billion Green Hydrogen Project in Canada

ESG Today

billion) green hydrogen project in Quebec, Canada, aimed at supporting the decarbonization of hard-to-abate industries and contributing to the province’s climate goals. Quebec has set climate targets including goals to reduce emissions by 37.5% by 2030 on a 1990 basis, and to achieve carbon neutrality by 2050.

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O-I Glass Completes Full Allocation for Second Round of Green Bond Offerings

3BL Media

O-I completes full allocation of €600 Million due in 2028, issued by O-I European Group B.V. Allocations mark another significant step forward in company climate-change strategy PERRYSBURG, Ohio, May 16, 2024 /3BL/ - O-I Glass, Inc. (“O-I In May of 2023, Owens-Brockway Glass Container Inc., and OI European Group B.V.

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UK Proposes Expanding Emissions Trading Scheme to New Sectors, Carbon Removals

ESG Today

Under the new energy from waste and waste incineration consultation, the Authority is proposing to include CO2 emissions from the sector beginning in 2028, following a 2-year phase-in period from 2026.

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Boeing Signs Carbon Removal Deal with Cleantech Startup Equatic

ESG Today

Equatic said that it anticipates reaching 100,000 metric tons of carbon removal per year by 2026, scaling to million of tons by 2028 at a cost of less than $100 per metric ton. According to the landmark Intergovernmental Panel on Climate Change (IPCC) climate change mitigation study released last year, scenarios that limit warming to 1.5°C

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Blackstone Backs NIPSCO’s Coal to Renewables Transition with $2.4 Billion Investment

ESG Today

NIPSCO has set a target of 0% coal-fired generation mix by 2028, compared to 75% coal generation mix in 2018, and expects to invest $3.5 Last year Blackstone stated that it sees an opportunity to invest an estimated $100 billion in energy transition and climate change solutions projects over the next decade. utilities sector.