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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? 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. RELATED: Ethereum goes green overnight.

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Ten good news stories on climate and clean energy in 2024

Corporate Knights

This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. Likewise, Vancouver avoided a reversal of its nation-leading rules that effectively banned gas for heating most buildings.

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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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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. Our researchers evaluated the greenhouse gas (GHG) emissions of more than 6,500 publicly traded companies. We eventually whittled the list down to?20 dollars) through 2030.

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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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Over Half of CEOs Say Sustainability a Higher Priority Now than 12 Months Ago: EY Survey

ESG Today

Over a 3-year horizon, however, decarbonization was the most-often cited strategic priority, at 43%. For the study, EY’s CEO Outlook Pulse Survey, EY surveyed 1,200 CEOs from large companies across 21 countries and five industries, as well as 300 institutional investors in 21 countries.