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The crypto industry was supposed to decarbonize by 2025 - how’s that going?

Corporate Knights

Agencies and organisations like the International Energy Agency and the United Nations have raised concerns about the effects of crypto mining – particularly Bitcoin, the best-known crypto asset. Is Bitcoin the next stranded asset? The post The crypto industry was supposed to decarbonize by 2025 - how’s that going?

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The biggest carbon losers

Corporate Knights

This year, Corporate Knights set out to identify global companies that have decarbonized faster than their peers while simultaneously increasing revenue. Our researchers evaluated the greenhouse gas (GHG) emissions of more than 6,500 publicly traded companies. We eventually whittled the list down to?20 dollars) through 2030. BY Naomi Buck.

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AB: China's State-Owned Enterprises Hold Keys to Carbon Neutral

3BL Media

President Xi Jinping announced in 2020 plans to target peak CO 2 emissions by 2030 and to transition toward carbon neutrality by 2060. For China, decarbonization considerations are tightly tethered to economic development and continued growth. Case Study: Stranded Assets and the Economics of a Chinese Power Plant.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

In 2020, a blistering analysis showed Canada leading the G20 countries in per capita public financing to oil and gas. That work was meant to conclude by 2020. billion in 2020/21 and another $1.5 Those guidelines are due to be released in 2024. billion for the first nine months of 2021/22. Carbon Capture Backed by Carbon Offsets?

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'Natural gas' can no longer be the default option for heating new buildings: Report

Corporate Knights

Canadian provinces must rein in their expanding gas systems or risk incurring staggering costs from stranded assets and failure to meet net-zero targets, the Canadian Climate Institute (CCI) warns in a new report. Heat pumps rise from 7 to 73% of purely electric heating, while inefficient baseboard heating falls from 27 to 12%.

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Advancing Sustainability Innovation at VMware

3BL Media

In the first installment of this blog series, “ Accelerating Decarbonization of the World’s Digital Infrastructure ,” I defined and explained why the next frontier for innovation is sustainable computing. We have an enormous opportunity to accelerate the decarbonization of digital infrastructure through our public-cloud partner ecosystem.

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

Richard Matthews

Fossil fuels are at high risk of becoming stranded assets and PEs have a significant stake in the energy sector. In 2020, U.S. Renewable energy funds raised $258 billion in the decade through 2020 and renewable energy-focused private equity firms raised a record $52 billion in 2020 according to Bloomberg.