Remove Climate Change Remove Decarbonize Remove Stranded Assets
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Ten good news stories on climate and clean energy in 2024

Corporate Knights

But its true: Canada and the world made enormous strides addressing climate change and building a cleaner economy. This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. election and news that 2024 will almost certainly be the hottest on record.

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EU Insurance Regulator Calls for Higher Capital Requirements for Fossil Fuel Assets Due to Transition Risk

ESG Today

Climate change introduces transition risks related to the decarbonization of the real economy that may raise investment losses due to stranded assets, particularly in relation to economic activities unable to adapt their business models accordingly.”

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Canada is sleeping on the energy transition

Corporate Knights

A study published in the journal Nature found that Canada alone will face $100 billion in stranded assets by 2036, representing 35% of the book value of oil and gas properties for all oil and gas issuers listed on the Toronto Stock Exchange.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

A stark choice between climate stability and global devastation is the constant drumbeat from a landmark report released today by the Intergovernmental Panel on Climate Change (IPCC). Already, “widespread and rapid changes in the atmosphere, ocean, cryosphere , and biosphere have occurred,” the report says.

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

3BL Media

Understanding how SOEs fit into China’s green reform agenda can help investors identify companies that are driving change—and stand to benefit from efforts to combat climate change. Global efforts to combat climate change won’t be successful without China. The Investment Case. Engagement Goals.

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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

The shrivelled Rhine of 2018 became a harbinger of the devastating impact that climate change will have on the backbone of the German economy. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon. On the face of it, it is.

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The Largest U.S. Pension Fund Just Rolled Out a Climate Transition Plan Focused on Risk and Opportunity

3BL Media

Just as critically, transition plans are about embracing the booming new clean economy, creating new markets, and investing in the next batch of winners as this shift continues to accelerate exponentially— and avoiding being left behind with dwindling markets, outmoded business models, and stranded assets. This year, a record $1.8

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