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On track for net zero? Observers respond to the UK government’s ten-point green plan

Envirotec Magazine

Announced as “the beginning of the UK’s path to net zero” the plan sets out a number of initiatives in areas such as energy, transport, carbon capture and flood defences. The firm said these were the figures needed to deliver the 19 million heat pumps the net zero target necessitates, according to the Committee on Climate Change.

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1.5°C “Goalposts” Must Not Be Moved Post-COP28

Chris Hall

Cost of inaction The International Energy Agency (IEA) recently published an updated Net Zero Roadmap, which called for ambitious action to limit global warming to 1.5°C. In the net zero pathway, global clean energy spending must increase from US$1.8 trillion in 2023 to US$4.5 C pathway. At COP27 it was 1.5°C

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Three New Business Models to Achieve Carbon-Reduction Goals

3BL Media

Looking at Cooperative Approaches as a Market-Based Path Toward Net Zero. DESCRIPTION: Tetra Tech’s Rodrigo Chaparro, senior climate advisor, looks at three Cooperative Approaches as a market-based path toward net zero in advance of the 2022 United Nations Climate Change Conference (COP27). SOURCE: Tetra Tech.

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Breathing Room

Chris Hall

Capturing the invisible There is a lot of work to be done if oil and gas firms are to be aligned with the IEA’s Net Zero 2050 pathway. The Institutional Investors Group on Climate Change’s (IIGCC) recently published net zero standard for oil and gas refers to the OGMP 2.0 including Shell and BP.

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Ottawa vows to bring in methane emissions regs. Alberta promises to never implement them.

Corporate Knights

After signing on to the Global Methane Pledge two years ago during the COP26 meeting in Glasgow, Canada released a methane reduction strategy in September, 2022 that affirmed the 75% reduction from 2012 levels by decade’s end, Guilbeault’s department recalled in a backgrounder published earlier today.