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Canada’s net-zero opportunities might skip some provinces

Corporate Knights

Canada’s provincial governments need comprehensive net-zero climate strategies to drive growth in the green economy, but some are sending mixed policy signals to the companies that will create tomorrow’s jobs, says a new report from the Canadian Climate Institute. . However, B.C. We see this transition as inevitable,” Arnold said.

Net Zero 325
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EU Adopts Net Zero Industry Act to Scale up Decarbonization Technologies

ESG Today

The European Council announced today that it has approved the Net-Zero industry Act (NZIA), a new law introducing a framework of measures aimed at scaling up Europe’s manufacturing capacity for technologies key to achieving the EU’s climate goals. The race kicked into high gear with the passage of the U.S.’

Net Zero 131
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Urgent Deployment of Existing Technology Can Get World Close to Net Zero, BloombergNEF’s New Energy Outlook 2024 Shows

3BL Media

The new report indicates that the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial. The power, transport, industry and buildings sectors transition at different speeds based on the technologies available for them to decarbonize, but all see emissions start to fall immediately.

Net Zero 173
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Biden Administration Unveils Strategy to Decarbonize Transportation Sector

ESG Today

National Blueprint for Transportation Decarbonization on Tuesday, its multi-department set of strategies and actions aimed at eliminating nearly all emissions from the U.S. National Blueprint for Transportation Decarbonization. The Biden administration released the U.S. transportation sector by 2050. domestic GHG emissions.

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Biden Administration Invests $6 Billion in Industrial Decarbonization Projects

ESG Today

Department of Energy (DOE) announced today the selection of 33 projects to be awarded up to $6 billion in funding aimed at advancing technologies to help significantly reduce emissions across hard-to-decarbonize industries across sectors including chemicals, steel, food, refining and cement, among others.

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EU Invests €4.8 Billion in Decarbonization Projects Funded Through Carbon Pricing System

ESG Today

The European Commission announced today that it has selected 85 decarbonization technology-focused projects to receive €4.8 The fund is aimed at creating financial incentives for companies and public authorities to invest in advanced net zero and low carbon technologies.

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Trane Technologies and the U.S. Department of Energy Partner To Advance Building Decarbonization in New Heat Pump Technology Challenge

3BL Media

In line with the Challenge’s advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. “As We are thrilled to work together on this important initiative to drive greater energy efficiency and decarbonization in our nation’s buildings.”