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Bank of America Announces Goal to Achieve Net Zero Emission Before 2050

Bank of America promises net-zero emissions by 2050

feed to stay on top of the news. To meet the ambitious goal, Bank of America will have to eliminate greenhouse gas emissions from its own operations as well as engage with the companies it lends to in order to “help accelerate their own transitions to net zero.” The bank said it plans to establish interim science-based emissions targets for “high-emitting portfolios, including energy and power.” That will be no easy task as Bank of America is heavily invested in oil, gas and coal operations.  “It is critical that we leverage all parts of our business – beyond our direct operations – in order to accelerate the transition to a net zero global economy,” Anne Finucane, Bank of America’s vice chairman, said in a statement. 

Biden administration working to address chip shortage affecting auto makers

H&M factory in India set to rehire hundreds of fired garment workers

India steps on the gas for infrastructure projects in northeast

India steps on the gas for infrastructure projects in northeast About 1,819 km of road projects was completed in India s northeast over the last two years. (File Photo: Mint)Premium 3 min read Share Via Read Full Story NEW DELHI: With an eye on China, India has been speeding up infrastructure project construction in the strategic northeastern region of the country, which include 1,819 km of roads completed over the last two years. The other important projects completed over the last two years in the region include, Pakyong Airport in Sikkim, Rupsi Airport in Assam, 300 MW Kameng and 110 MW Pare hydropower projects in Arunachal Pradesh, said Development of North Eastern Region (DoNER) minister Dr. Jitendra Singh in a written reply to Rajya Sabha on Thursday.

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