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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.
Canada has set national climate goals including commitments to cut GHG emissions by 40% – 45% by 2030 , and to reach netzero emissions by 2050. The oil and gas sector is the largest source of GHG pollution in Canada, accounting for more than 30% of national emissions.
Computer manufacturer Lenovo announced today a goal to reach netzero greenhouse gas (GHG) emissions by 2050. The commitment, covering the companies’ full value chain, and has been validated by the Science Based Targets initiative (SBTi) as aligned with its netzero standard.
billion project to build the world’s first netzero Scope 1 and 2 emissions ethylene plant in Alberta, Canada. The project will see Dow build a new ethylene cracker and increasing polyethylene capacity by 2 million metric tons annually (MTA), as well as retrofitting an existing cracker to netzero Scope 1 and 2 emissions.
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.” This helps asset managers strategically allocate capital and manage future transition risks.
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.
According to the companies, the new agreement will run from 2026 to 2029, and is expected to deliver more than 4,000 metric tons of CO2 emissions reductions. We are excited to partner with BCG via the Sustainable Aviation Buyers Alliance and leverage the SAFc Registry to accelerate the roadmap toward netzero emissions.”
Aerospace giant Airbus announced that easyJet has become the first airline globally to join its Airbus Carbon Capture Offer’s carbon removal initiative, utilizing Direct Air Carbon Capture and Storage (DAC) to help achieve the airline’s aviation decarbonization goals. easyJet’s credits will last from 2026 to 2029.
Over the past decade, these mandatory Building Performance Standards (BPS) policies have gained momentum, as an increasing number of local jurisdictions act to mitigate climate change impacts and support building decarbonization. The cumulative effect of such penalties will help encourage accountability and help accelerate decarbonization.
Member-Clients in attendance were engaged on two major topics, “Sustainability Strategy Leadership” and “Corporate Global Decarbonization.” The majority of Member-Clients will not need to disclose in accordance with CSRD until 2026 or 2029, but should begin understanding the key frameworks that it will employ (i.e.
With the launch of the EU’s Strategic Agenda for the 2024-2029 period , we look at the recent election results and why green economic growth and industrial competitiveness hinges upon the clean energy transition. Europe is at a pivotal moment.
Efforts to decarbonize the world’s energy systems are accelerating, pushing many industries and companies to innovate to survive. billion in 2029, up from US $ 4.58 But while this global energy transition brings profound change — and with it new challenges — it also heralds tremendous opportunity in new areas.
In addition to the decarbonization potential of nuclear energy, the surge of interest is being buoyed by Russia’s war in Ukraine and the resultant rising price of hydrocarbons. If we are to get to net-zero emission by 2050, we will need to ratchet up our use of carbon-free power.
NetZero Economy At the Petersberg Climate Dialogue in Berlin this week – considered preparation for the COP Climate Summit later in the year – German Foreign Minister Annalena Baerbock called for a global target for the expansion of renewable power , building on the recent G7 ministers’ agreement on wind and solar goals.
In fact, some specific roles within the renewable energy space will grow by 60% through 2029, and the positions will pay more than the median annual wage in the United States, according to BLS data. New employment opportunities are coming and many are already here. So new employment opportunities are coming and many are already here.
million), with proceeds aimed at supporting its plans to produce low-carbon iron to help decarbonize the steel industry. The use of green hydrogen hydrogen to fuel the production process is seen as one of the key potential solutions to help decarbonize the sector.
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