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Making the UK’s net zero target real: Professional services firm comments on progress

Envirotec Magazine

Achieving the UK’s commitment to achieve net zero emissions by 2050 will require an annual decarbonisation rate of 9.7%. This year the UK became the first major economy to set a legally binding commitment to reach net zero emissions by 2050. required decarbonisation rate for net zero.

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The benefits of being a climate optimist

Corporate Knights

And it would soon achieve net-zero emissions. And here was a thriving net-zero community in prosperous Denmark to lead the way. . Fossil fuels hadn’t literally been eliminated, but Samsø’s energy planners added enough wind power to offset the emissions from the cars and ferries that continued to burn oil.

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Budget 2023’s clean investments don’t add up

Corporate Knights

The scale of investments that Canada requires to reach net-zero by 2050 is significant, with estimates ranging from $60 billion to $140 billion per year on average,” it said. The table below shows new budget funding to address the climate crisis and opportunity imperatives this fiscal year.

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Guest Post – From Bytes to Robot Bees: AI’s Pivotal Role in Eco-sustainability

ESG Today

In September 2023, UK Prime Minister Rishi Sunak came out with some disappointing rollbacks around net zero, pushing back the deadline for the combustion engine phaseout, slowing the uptake of heat pumps, among others. However, the PM did hit the nail on the head when it came to the UK grid infrastructure… it isn’t ready for net zero.

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Indonesia’s Climate Transition in the Balance

Chris Hall

Despite the promise of funding to support its net zero journey, the country’s dependence on coal and mixed messaging around policy hamper progress. As an archipelago, Indonesia is far more susceptible than most countries to the climate crisis. Momentum continued to build around Indonesia’s low-carbon transition last year.

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'Mostly a win' for clean energy, Budget 2023 fails to end fossil fuel subsidies

Corporate Knights

Opportunity of a lifetime’ In her speech to the House of Commons Tuesday afternoon, Freeland framed the 2023 budget as part of “the most significant economic transformation since the Industrial Revolution,” in which Canada’s major trading partners are investing heavily in the clean economy and net-zero industries.

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AB: What Might US Elections Mean for Renewable Energy?

3BL Media

And with the US, along with other countries, having pledged to meet net zero carbon emissions targets by 2050, we expect reliance on clean energy sources to increase regardless of election outcomes. US banks are a key capital source for such massive infrastructure investments.

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