"We have a situation where renewable electricity and total energy consumption are growing quite rapidly alongside one another. So, renewables are chasing a retreating target that keeps getting further away," said Diesendorf. The findings add new kindling to the growing "degrowth" movement which bel...
MSCI has reaffirmed its commitment to reach net-zero GHG emissions across the value chain by 2040 and has enhanced its science-based near-term, long-term and net-zero GHG emissions reduction targets, which have been approved by the SBTi. MSCI has enhanced its science-based targets in the fo...
Over 100 countries have set or are considering net-zero emissions or neutrality targets. However, most of the information on emissions neutrality (such as timing) is provided for the global level. Here, we look at national-level neutrality-years based on
Read the Net-Zero targets update in the 2023 ESG ReportOpens the 2023 ESG Report in a new tab Net-zero target released for the auto sectorNet-zero target released for the auto sector Becoming a Net-Zero Bank Climate change is one of the most pressing issues of our time, and urgent acti...
Whether the UK, or anyone else, reaches net zero remains to be seen. And there’s some doubt about how this can be accurately measured anyway. But it’s generally recognised that aglobal effortis needed to tackle climate change. Therefore, net zerotargetsonly make sense if every other count...
Charles Mwangi, the acting executive director of the Nairobi-based Pan African Climate Justice Alliance (PACJA), said that by mobilizing resources internally, the continent was in a better position to sustain financing for climate mitigation and adaptation. ...
Jurisdictions worldwide increasingly affirm their contributions to the Paris Agreement by pledging net-zero targets. We argue that delivering on net-zero targets compels a backward induction approach to climate policy, which stipulates that maximizing cr
The energy market conditions, particu-larly for oil and gas, have always been a moving target. The move to net zero and the UN's Sustainable Development Goals have had an enormous impact, motivating the industry to expand faster into more carbon capture and sequestration (CCS) projects, ...
To achieve its2030 reduction targets, ENB is focused on modernizing equipment and using low-carbon and renewable energy. This includes upgraded and more efficient compressor stations and recompression units to reduce methane venting. Enbridge has also built solar power projects to self-power some Midwe...
These targets, approved by each company’s board of directors, follow the publication in the 2022-2025 business plan of the 2030 targets for cutting financed emissions in the main emission-intensive sectors and come in the wake of the group’s participation in the Net-Zero Banking Alliance. ...