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A trillion reasons to transition off fossil fuels

Corporate Knights

“Most of the market risk falls on private investors,” they add, overwhelmingly in Organisation for Economic Cooperation and Development (OECD) countries like Canada, with substantial exposure through investment funds, shareholdings, and pensions. Of the US$1.4

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Ten good news stories on climate and clean energy in 2024

Corporate Knights

Governments can deliver even deeper emission cuts by following through and finalizing developing and announced policies. This type of planned transition in the building sector is necessary to protect consumers from higher costs and stranded assets. But getting closer to Canadas emission targets still requires more action.

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How to Re-establish the UK’s Lead on Climate Change

Chris Hall

Therefore, as we develop our renewables ecosystem, including hydro and energy interconnectors, balancing the energy grid becomes much easier.” They can make a huge difference through investing relatively small amounts of money in developing countries.” Supporting emerging economies’ transition will work to developed nations’ advantage.

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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

The Cambridge Blockchain Network Sustainability Index puts the electricity consumption of Bitcoin networks above those of several developed countries, including Norway and Sweden. The first was the development of standards and technologies to have 100% renewably powered blockchains as soon as 2025. Is Bitcoin the next stranded asset?

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Governments should compensate investors for stranded assets, says IISD

Environmental Finance

Governments should compensate oil and gas investors for stranded assets to avoid costly tribunals, the International Institute for Sustainable Development (IISD) has said.

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Their land, their call: When economic reconciliation and climate justice conflict

Corporate Knights

There’s a lot at stake: over the next decade, Canada will see around 470 natural resource projects , both conventional and “clean economy”–related, developed at a cost of nearly $525 billion, according to the FNMPC. Now, up to $5 billion in federal, plus billions in provincial, guarantees are available for oil and gas development.

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Canadian pension funds are starting to embrace the green transition

Corporate Knights

A group of finance experts tasked with developing a definitive taxonomy of sustainability for Canadian investors has just filed a preliminary roadmap, but they likely won’t publish a detailed taxonomy until 2025. They have a big role to play in facilitating the transition to a low-carbon economy.”

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