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Germany Takes the Lead in Global Race to Net Zero With New Goal

Publishing date: May 06, 2021  •  7 hours ago  •  4 minute read  •  An open-cast lignite mine near the coal-fired power station Neurath of German energy giant RWE in Garzweiler, western Germany is shown on March 15, 2021. The German government said on May 5, 2021, it would set more ambitious targets to reduce CO2 emissions after a landmark ruling by the countrys top court declared a flagship climate protection law "insufficient". The government now expects to slash emissions by ...
France General Saudi Arabia Nordrhein Westfalen Akshat Rathi Angela Merkel Laura Millan Lombrana

It's never been this expensive to finance a new coal power plant — Quartz

April 22, 2021 For decades, infrastructure for coal, oil, and gas was seen as a relatively safe investment delivering strong returns, and renewables barely attracted the private sector’s attention. While banks put up trillions of dollars financing new fossil-fuel assets, from mines to power plants, government funds furnished about 50% of the annual investment (pdf) in America’s solar sector as recently as 2004. Today, that equation is reversing. The cost to finance new fossil-fuel infrast...
United States United Kingdom Ben Caldecott Sustainable Finance Programme At Oxford University Sustainable Finance Programme Oxford University
Source: qz.com

The UK's Democratic Deficit is Escalating the Climate Crisis

England invests far less in wind turbines than Scotland | Karsten Würth, UnSplash 5 April 2021 (openDemocracy)* —  In late 2019, an organism on the edge of life appears to have made the journey from the body of a bat into the bloodstream of a human, and shut down the global economy. Whatever else we may have learned from the pandemic caused by the SARS-CoV-2 virus, it has taught us that, before anything else, we are biological beings. Our lives and deaths are bound to the beings around us. ...
North Sea Oceans General City Of London City Of United Kingdom United States

US return to the Paris climate pact welcomed by world leaders

London The formal return of the United States to the Paris Agreement on climate change on Friday brings it in line with accelerating action nationally and internationally to ward off climate threats – and could spur more global ambition, analysts said. That may include India setting a net-zero emissions goal, to match similar mid-century targets now declared by many countries from the U.S. to China, Japan, and South Korea, Rachel Kyte, a leading climate and energy expert, told media this week...
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The benchmarks countries must hit to reach net-zero emissions

The benchmarks countries must hit to reach net-zero emissions 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP More than 100 countries have pledged to get to net-zero emissions in the next 30 years February 13, 2021 Five years after French Foreign Minister Laurent Fabius gaveled the landmark Paris climate accord into force, the year 2050 looms large. That’s the deadline many countries have set to zero out the ...
France General Laurent Fabius Inger Andersen Jennifer Morgan Michael Lamach United Nations Development Programme

64% of People Globally Say Climate Change is an Emergency: UN Report

64% of People Globally Say Climate Change is an Emergency: UN Report A survey of 1.2 million people in 50 countries delved into attitudes towards the climate crisis. By Sonia Elks LONDON, Jan 27 (Thomson Reuters Foundation) — People living in the poorest countries are less likely to see climate change as an emergency or think it requires urgent action, the biggest-ever survey of public opinion on the issue showed on Wednesday. But despite regional differences, almost two-thirds of the 1.2 mi...
United Kingdom City Of Sonia Elks Achim Steiner United Nations Development Programme University Of Oxford

New CSOs for UPS, Chanel; Los Angeles names climate crisis director

January 27, 2021 Clockwise, from top left: Laura Lane, UPS; Darnell Grisby, TransForm; Guy Grainger, JLL, Boma Brown-West, EDF; Miriam Nelson, Newmans Own Foundation; Asheen Phansey, Circular Fashion Group; Clare Shine,  University of Cambridge Institute for Sustainability Leadership; Janelle Heslop, Amgen. Middle row from left: Claire Bergkamp, Textile Exchange; Steve Quarles, AWEA; Elliott Rodgers, Ulta Beauty; Maribel Bostic, SunPower; Dana Worth, Plenty. You dared to dream that some of the...
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Alok Sharma leaves business secretary role to become full-time president of climate summit

Alok Sharma leaves business secretary role to become full-time president of climate summit Andrew Woodcock © Provided by The Independent Boris Johnson has made Alok Sharma full-time president of the Cop26 climate talks, bringing Kwasi Kwarteng into the cabinet as business secretary. The move comes after calls for greater government focus on preparations for the Glasgow summit, which environmentalists regard as a make-or-break opportunity to rein in global warming by building o...
Glasgow City United Kingdom France General Theresa May Amber Rudd Alok Sharma
Source: msn.com

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