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To achieve net-zero, let’s agree on one definition of success

GreenBiz

To achieve net-zero, let’s agree on one definition of success. Reaching the 2015 Paris Agreement goals requires bold action from all sectors and levels of our society. But any chief sustainability officer will fall short of their responsibility if they simply cite net-zero as a strategic goal. Peter Boyd.

Net Zero 489
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Amazon aims to clean up aviation

GreenBiz

Infinium makes biofuel by taking hydrogen made with clean power and electrolysis, combining it with carbon dioxide and running it through two thermochemical processes — turning it into a replacement fuel for airplanes, ships and large trucks. Air shipping, a growing sector, is the most carbon-intensive way to ship a product.

Shipping 492
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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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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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Is 'net zero' much ado about nothing?

GreenBiz

According to one telling , a group of female climate leaders met at a Scottish estate in 2013 to discuss bold climate goals that could be enacted two years later in Paris. After a heated debate, they agreed that the goal should be to pursue net zero by midcentury. Sponsored Article. Energy & Climate. Emissions Reduction.

Net Zero 491
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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.

Net Zero 467
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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. We believe that Barclays can make a real contribution to tackling climate change and help accelerate the transition to a low-carbon economy.". Sponsored Article. Finance & Investing. Decarbonization.

Net Zero 398