Remove 2030 Remove Carbon Offsets Remove Stranded Assets
article thumbnail

At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

Those numbers left any Indigenous investor with the prospect of losing money on the deal and facing “the likely prospect of being saddled with a stranded asset,” independent economist Robyn Allan, a former president and CEO of the Insurance Corporation of British Columbia, told The Energy Mix at the time.

article thumbnail

All Systems go for Net Zero

Chris Hall

Rasmussen expects the scheme to meet its target – self-imposed, but in line with the protocol set by the Net Zero Asset Owner Alliance (NZAOA) – to reduce greenhouse gas (GHG) emissions from its listed equities and corporate bonds by 45% by the end of 2024, from a 2018 base. Lee suggests not. “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

Energy Transition Accelerator

Chris Hall

Annual clean energy investment in EMDEs needs to increase by more than seven times, from US$150 billion in 2020 to over US$1 trillion a year by 2030, according to an International Energy Agency (IEA) report. . It has been launched in partnership with philanthropies the Bezos Earth Fund and Rockefeller Foundation. . How will the ETA work?

article thumbnail

IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” In energy supply, solar and wind deliver by far the highest net emission reductions through 2030 at the lowest cost. The dangers of overshooting 1.5°C

article thumbnail

Keeping on the Straight and Narrow

Chris Hall

There are other areas in which the TPT will have to set their own expectations, spanning from reliance on carbon offsetting and carbon capture and storage (CCS) technologies to transparency on climate lobbying. . Throwing down the gauntlet . The UK isn’t the only part of the world considering mandatory transition plans. .

article thumbnail

Mitigating social impact in a low-carbon Singapore

Eco-Business

While companies such as Amazon, Nestlé, and Unilever have set targets for carbon neutrality, Microsoft just announced that it will become carbon negative by around 2030, and remove all the carbon the company has emitted since its founding in 1975.