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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

The global shipping industry's decarbonization efforts once again face stormy seas. The frontrunning proposal, sponsored by France, Germany and Japan, has come under fire due to a recommendation that stringent enforcement of operational efficiency regulations is introduced no earlier than 2029. Cecilia Keating. Tue, 10/20/2020 - 00:15.

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

Alternatively, companies will be able to contribute to a decarbonization program for up to 10% of their emissions, or use GHG offset credits to 20%, with the combined options accounting for no more than 20% of their emissions. The sector is also a major employer in Canada, supporting approximately 400,000 jobs.

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National Grid Commits to Investing $35 Billion in New York & Massachusetts To Meet Decarbonization Goals and Build a Stronger, Cleaner Grid

3BL Media

Group CEO of National Grid John Pettigrew said: “Today’s announcement is a clear illustration that National Grid is committed to playing our part in achieving the ambitious decarbonization targets that New York and Massachusetts governments have set. In New York, National Grid is investing around $21 billion* between now and 2029.

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New York Bans Fossil Fuels in New Buildings Starting 2026

ESG Today

New York will become the first state to ban the use of gas stoves and heating, according to new rules released with Governor Kathy Hochul’s 2024 Budget, which included measures to decarbonize buildings and to invest in new renewable energy projects aimed at helping the state achieve its climate goals.

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EU Proposes Rules Requiring All New Buildings to be Zero Emission by 2030

ESG Today

The European Council announced today that its member states have agreed on stricter energy performance rules aimed at decarbonizing buildings as part of “Fit for 55,” the EU initiative to cut greenhouse gas (GHG) emissions by 55% by 2030, compared to 1990 levels.

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Lamborghini Targets 40% Reduction in Emissions Across the Value Chain by 2030

ESG Today

The new commitment follows the launch in 2021 by Lamborghini of its environmental sustainability strategy, “Direzione Cor Tauri,” which focused on its roadmap to the electrification of its product line, and the decarbonization of its Sant’Agata Bolognese production site and headquarters.

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GRESB Launches Transition Risk Analytics Solution for Asset Managers

ESG Today

Our goal is to empower these institutions with the data and insights they need to protect their investments and decarbonize their portfolios from the bottom up.”

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