Remove 2026 Remove Carbon Offsets Remove Net Zero
article thumbnail

SBTi Limits Carbon Credit Use in Latest Guidance

Chris Hall

The standard setter emphasises internal decarbonisation, action-based targets as part of revamped net zero standard for corporates. Wyburd said that while carbon credits and removals can support the path to net zero, they must never be a substitute for internal decarbonisation.

article thumbnail

The Iberian green industrial opportunity: Carbon capture and storage

McKinsey Sustainabilty

The Iberian Industry and Energy Transition Initiative Spain and Portugal’s decarbonization targets to achieve net zero by 2050 will require participation from all sectors and industries. 4 Direct air capture: A key technology for net zero , International Energy Agency, April 2022.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

Net Zero 100
article thumbnail

New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

SB 253 requires all businesses with revenues exceeding $1 billion operating in California to annually disclose their Scope 1 and 2 emissions, starting in 2026. Under SB 253, Scope 1 and 2 emissions will initially be subject to limited assurance from the first year of disclosure in 2026 and reasonable assurance starting in 2030.

article thumbnail

United Airlines Signs Agreement for up to 400 Electric “Air Taxi” Aircraft from Embraer-Backed Eve

ESG Today

First delivery of the new electric aircraft are expected as early as 2026. eVTOL aircraft use electric motors, rather than traditional combustion engines to provide carbon-free flights, and can be used to provide “air taxi” service in urban markets.

article thumbnail

What Companies Should Know About California’s New Climate Accountability Package

3BL Media

Companies must begin reporting Scope 1 and 2 emissions in 2026 for fiscal year 2025 and Scope 3 emissions in 2027 for fiscal year 2026. In addition, offset sellers must provide disclosures on carbon offset project details and accountability measures.

article thumbnail

Net zero transition – the latest signals of change: July 7, 2023

We Mean Business Coalition

Companies restoring Texan forests and government plans for decarbonizing shipping are among this week’s net zero Signals of Change. Net Zero Economy & Finance At the recent New Global Financing Pact Summit in Paris, governments including the UK, France and Canada committed $2.7 Two thirds of Brookfield’s 6.5