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Long-Term Carbon Offsets Outlook 2023

3BL Media

Originally published on bloomberg.com A turbulent year hasn’t thrown off the long-term prospects for the carbon offset market, which could be valued at half a trillion dollars annually by 2050. Demand will rise into the billions of tons of carbon dioxide equivalent within the next decade as companies work toward net-zero goals.

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U.S. Building Performance Standards in 2023 and Beyond

3BL Media

Over the past decade, these mandatory Building Performance Standards (BPS) policies have gained momentum, as an increasing number of local jurisdictions act to mitigate climate change impacts and support building decarbonization. In 2023, 10 more local jurisdictions across the country joined the growing list of BPS implementation.

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Commitment to Customers, Transparency, and Decarbonization

3BL Media

Third, we recognize that recent acquisitions – including Direct Energy in 2021 and Vivint Smart Home in 2023 – have broadened NRG’s business activities beyond electricity generation. We actively monitor various options to reduce the carbon intensity of our operations and the electricity we provide to our customers.

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Google, Embraer Join United Airlines’ $200 Million Sustainable Aviation Venture Fund

ESG Today

Sustainable aviation fuel is seen as one of the key tools to help decarbonize the aviation industry, which currently accounts for 2-3% of global greenhouse gas (GHG) emissions. Launched in 2023 , the fund invests in and supports startups focused on SAF research, technology and production.

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Universities Step Up to Offer Practical Solutions to Achieving Net Zero on their Campuses and Beyond

Sustainable Development Network

The University Action to Achieve Net Zero panel at ICSD 2023 was moderated by John Thwaites, and included Tim Carter, Dano Weisbord, and Kendra Wasiluk. They discussed steps on the path to university decarbonization, as well as key barriers and enablers. Decarbonizing campus is mission-adjacent, but it is not the mission,” he said.

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Pathways to Net Zero

3BL Media

As a result, our slate of emissions reduction projects are now prioritized from 2023 through 2026. The pathways shown remain the most current forecast of our route to net zero; carbon offsets and credits are still estimated to represent about one-quarter of our net-zero strategy.

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New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

In 2011, enforcement began of the state's low-carbon fuel standard , the world's first. SB 253: Climate Corporate Data Accountability Act The common phrase in the GHG accounting world “you can't measure what you can't track" underlines the fact that decarbonization action starts with GHG emissions accounting.