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Is Bitcoin the next strandedasset? Read the original article here. The post The crypto industry was supposed to decarbonize by 2025 - how’s that going? Recent developments in technology suggest the industry has started putting plans into action, with the appearance of sustainable tools and infrastructures.
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To gain insight into China’s decarbonization efforts, AllianceBernstein (AB) has partnered with the Columbia Climate School at Columbia University in a workshop program entitled The Making of a Green Giant: Decarbonization with Chinese Characteristics. Case Study: StrandedAssets and the Economics of a Chinese Power Plant.
The document also holds out the possibility of subsidies for carbon trading deals under Article 6 of the Paris agreement, and for Indigenous participation in fossil fuel projects. Speaking on background Monday, an official said the odds of any oil or gas project taking advantage of the Article 6 provision were “relatively remote”.
Delaying those actions “would lock in high-emissions infrastructure, raise risks of strandedassets and cost escalation, reduce feasibility, and increase losses and damages.” But there’s still time to take action if countries pick the right decarbonization options and scale up fast. Read the original article.
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In the first installment of this blog series, “ Accelerating Decarbonization of the World’s Digital Infrastructure ,” I defined and explained why the next frontier for innovation is sustainable computing. We have an enormous opportunity to accelerate the decarbonization of digital infrastructure through our public-cloud partner ecosystem.
Fossil fuels are at high risk of becoming strandedassets and PEs have a significant stake in the energy sector. According to an article posted by BLG (Borden Ladner Gervais LLP), a leading, full-service Canadian law firm, interest in ESG factors by PE firms has increased substantially of late.
trillion in real estate assets under management now committed to halving emissions by 2030, along with 20% of architects and engineers. . And over additional 40 businesses have signed the World Green Building Council’s commitment to decarbonize the built environment across their portfolios and business activities.
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