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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

Is Bitcoin the next stranded asset? 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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The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Read article. Our researchers evaluated the greenhouse gas (GHG) emissions of more than 6,500 publicly traded companies. We eventually whittled the list down to?20 Making the cut.

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AB: China's State-Owned Enterprises Hold Keys to Carbon Neutral

3BL Media

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: Stranded Assets and the Economics of a Chinese Power Plant.

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

Corporate Knights

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”.

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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.” 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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'Natural gas' can no longer be the default option for heating new buildings: Report

Corporate Knights

Canadian provinces must rein in their expanding gas systems or risk incurring staggering costs from stranded assets and failure to meet net-zero targets, the Canadian Climate Institute (CCI) warns in a new report. This article was first published by The Energy Mix. Read the original story here.

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Advancing Sustainability Innovation at VMware

3BL Media

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.