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Ontario and Alberta are building natural gas plants despite lower costs of renewables

Corporate Knights

While the grid operators in Ontario and Alberta are both “investigating pathways to a net-zero power grid,” CEC points to a fatal flaw in their analysis — they rely too often on obsolete data that may go back as far as 2001, or draw from experience in other countries.

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The High Cost of Climate Inaction

3BL Media

The latest IPCC summary on climate mitigation also emphasized that carbon emissions have increased since 2010. While investment portfolios will take time to reflect a climate-aligned, resilient approach, in an ideal scenario, we would see an orderly shift to a net-zero economy. C goal will fall quickly out of reach.”.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling. Overshooting 1.5°C

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Private Equity Firms Are Paving the Way to a More Sustainable Future 

Richard Matthews

According to a report published by Ceres , the Net Zero Asset Managers initiative has grown to 128 investors who collectively manage $43 trillion. Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. More Funds Diverted to Sources of Renewable Energy.

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Turn Commitments into “Hard Numbers”, says GFANZ’s Carney

Chris Hall

Financial institutions need to segment their portfolios into transition, net zero-aligned and stranded assets and develop clear emissions reduction plans in line with recognised 2030 and 2050 targets, said Mark Carney, Founder and Co-chair of the Glasgow Financial Alliance for Net Zero (GFANZ).