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The Road to Powering Amazon on 100% Renewable Energy by 2025

GreenBiz

Most recently the company committed to powering global operations on 100% renewable energy by 2025 as part of The Climate Pledge, a commitment to be net-zero carbon by 2040, 10 years ahead of the Paris Agreement. How will the company get there five years ahead of the initial 2030 target?

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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

The research itself is also likely to provoke renewed criticism of the OCGI's priorities, given it focuses on CCS technologies that would in effect prolong the use of fossil fuels to power ships, rather than on alternative, low or zero carbon shipping fuels that could transition the sector away from fossil fuels altogether.

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Is 'net zero' much ado about nothing?

GreenBiz

Corporate signatories to the Climate Pledge have committed to net zero by 2040. IBM said it would reach that milestone in 2030. Such commitments often are coupled with an interim goal of cutting emissions in half by, say, 2030. After a heated debate, they agreed that the goal should be to pursue net zero by midcentury.

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. Indeed, in these locations zero-carbon steel can be competitive with blast furnaces completely without subsidies.

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HSBC invests in world’s first ‘reef credit’ system

GreenBiz

The financial services firm recently completed the purchase of the first tranche of reef credits and plans to continue buying them as part of its net-zero commitment. We feel that these sorts of schemes are very clear demonstrations that nature-based solutions can support communities, and also facilitate the transition to net-zero carbon.

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Southern Company Accelerates Clean Energy Transition With Expansion of Zero-Carbon Resources and Bold Net-Zero Goals

3BL Media

Our growing portfolio of zero-carbon resources plays an integral role in helping us meet these objectives. Our greenhouse gas reduction goals are to achieve 50% reduction from 2007 levels by 2030 and to reach net zero by 2050, consistent with the commitments of the Paris Agreement.

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‘Any delay means risk’: Senator looks to speed up banks’ net-zero journey

Corporate Knights

The legislation would establish a duty for directors and officers of financial corporations to align their business with climate commitments, including the target adopted under the Paris Agreement to reduce greenhouse gas emissions by between 40 and 45% by 2030, and the net-zero 2050 target. “We

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