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The NetZero Industry Act (NZIA) , designed to accelerate investment in the clean energy transition, included proven renewable technologies like wind and solar, but also other innovations that have yet to deliver at scale, such as carbon capture and storage (CC S).
The announcement last week of a consultation on the sector’s role in Britain’s netzero transition only added to its challenges. Those undecided between maintaining dialogue and divesting – on financial or ethical grounds – might benefit from reading a new analysis commissioned by UK asset owner Border to Coast.
Managers also reported applying fossil fuel divestment screens across US$1.2 Globally, managers with more than US$50 trillion have made netzero commitments via the NetZero Asset Managers’ initiative. Climate change was also the most important ESG issue for asset managers, addressed across US$3.4
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