Page 16 - Future Act News Today

To print this article, all you need is to be registered or login on Mondaq.com. The Securities and Exchange Commission (SEC) announced in recent weeks multiple efforts to highlight climate change in corporate disclosures and to increase scrutiny and, potentially, enforcement focus on company disclosure efforts on climate and other environmental, social, and  governance (ESG) matters. While the topic of ESG disclosures is not new, the increased attention to the topic, an...

Tuesday, March 16, 2021 In early March, the House Democrats on the Energy and Commerce Committee released their legislative blueprint for tacking climate change, entitled the  Climate Leadership and Environmental Action for our Nation’s Future Act, or the CLEAN Future Act . This bill is nearly 1,000 pages in length and touches almost every segment of the economy. While Congress is still a long way off from any bipartisan climate legislation being enacted, the CLEAN Future Act  is...

Major investors apply net-zero alignment framework to $8trn of assets A coalition of 35 big-name investors has become the first to apply a new net-zero investment framework to their portfolios, with $8trn of assets covered. The framework is designed to help investors deliver long-term net-zero financed emissions goals Among the first adopters of the Institutional Investors Group on Climate Change’s (IIGCC) framework are Scottish Widows, Aberdeen Standard, Brunel, Nest, Legal & General Asset M...

To embed, copy and paste the code into your website or blog: On March 2, House Energy and Commerce Committee Chairman Frank Pallone (D-NJ), Environment and Climate Change Subcommittee Chairman Paul Tonko (D-NY) and Energy Subcommittee Chairman Bobby Rush (D-IL) re-introduced the Climate Leadership and Environmental Action for our Nation’s Future Act (CLEAN Future Act), a comprehensive proposal aimed at transitioning the US to net-zero greenhouse gas (GHG) emissions by mid-century. The revised...

3 Min Read WASHINGTON (Reuters) - Three Democratic lawmakers in the U.S. House of Representatives unveiled a wide-ranging climate bill on Tuesday that embraces President Joe Biden’s goals to curb climate change including decarbonizing the electric grid by 2035. FILE PHOTO: A wind farm is shown in Movave, California, U.S., November 8, 2019. REUTERS/Mike Blake/ Introduced by Representatives Frank Pallone, Paul Tonko and Bobby Rush, and incorporating input from the Biden administration, the bil...

The CLEAN Future Act would achieve net zero greenhouse gas pollution no later than 2050, with an interim target of reducing pollution by 50 percent from 2005 levels no later than 2030. The targets come from the United Nations Intergovernmental Panel on Climate Change, which has said we must cut carbon pollution to net zero by 2050 to avoid the most catastrophic consequences of climate change. The bill presents both sector-specific and economy-wide solutions to meet those targets, offering a s...

US takes step towards 2050 net-zero target with sweeping climate bill A wide-ranging climate bill has been introduced to the US House of Representatives this week that, if passed, will commit the nation to net-zero by 2050. The IPCC has stated that achieving the Paris Agreements 1.5C pathway will require net global emissions to reach zero by 2050 The Climate Leadership and Environmental Action for our Nation’s Future Act, also known as the CLEAN Act, is headlined by the long-term climate targ...

A sweeping climate proposal introduced by U.S. House Democrats on March 2 sets a stringent clean energy electricity mandate for power retailers

Powerful N.J. congressman reveals sweeping new plan to tackle climate change Updated Mar 03, 2021; Posted Mar 02, 2021 Rep. Frank Pallone acknowledges the other lawmakers while during the press conference. Gov. Murphy, Senate President Sweeney, and Congressional and legislative leaders hold a press conference inside the Frank R. Lautenberg Rail Station about the urgency to approve federal funding for the Portal Bridge replacement. Wednesday August 28, 2019. (Aristide Economopoulos | NJ Advan...

ADVERTISEMENT House Committee on Energy and Commerce democrats on March 2 introduced the Climate Leadership and Environmental Action for our Nation’s (CLEAN) Future Act, which sets a goal to achieve net-zero greenhouse gas (GHG) emissions by 2050. The bill also sets an interim target of reducing GHG pollution by 50 percent from 2005 levels by 2030. A statement released by the committee explains the targets come from the United Nations Intergovernmental Panel on Climate Change, which has said ...