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Energy Development Corporation - EDC eyes to spend up to P30B to drill 40 geothermal wells through 2026

Global Renewable News

EDC) plans to invest up to P30 billion to drill 40 new wells through 2026, its president said. "Our Last year, EDC drilled 24 new wells, with six more scheduled for this year and five in 2026, he said. Our total estimate for the 40 wells is around P30 billion," EDC President and Chief Operating Officer Jerome H.

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Understanding SB 253: A Guide to California’s New Climate Accountability Standards

3BL Media

Starting in 2026, on or before a date still to be determined by the California Air Resources Board ( CARB ), covered entities are required to publicly report their previous fiscal year Scope 1 and 2 emissions (e.g., For Scope 1 and 2 emissions, this data must be calculated and reported starting in 2026 with prior fiscal year (2025) data.

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Canada Launches Regulation Requiring 35% Emissions Reduction from Oil & Gas Companies

ESG Today

According to Steven Guilbeault, Canada’s Minister of Environment and Climate Change, the new cap-and-trade system was designed to recognize top-performing companies, while incentivizing higher emitters to invest in cleaner production processes.

Net Zero 122
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EU to Develop Nature Credits Market to Fund More Sustainable Agriculture Practices

ESG Today

According to the Commission, the new initiative comes as biodiversity loss and climate change represent significant threats to agriculture and farming, yet major gaps exist in helping farmers and land managers to fund more sustainable practices, including an estimated €37 billion annual biodiversity funding gap in Europe.

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Quest Diagnostics Advances Environmental Stewardship With Renewable Energy Initiatives, Waste Reduction, and ISO 14001 Certifications in 2023

3BL Media

While we remain committed to evaluating the best path forward to progress this conversion, our goal of reaching 50% by 2026 is under review and subsequently may be updated. Due to various factors such as supply chain challenges, our ability to source alternative fuel vehicles has been slower than planned.

Waste 130
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Data Center Developer Equinix Issues $1.2 Billion of Green Bonds

ESG Today

Project categories eligible for investment under the framework include green buildings, renewable and clean energy, energy efficiency, resource conservation, decarbonization solutions, and climate change adaptation.

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EU Launches Major Simplification of Sustainability Taxonomy to Ease Compliance Burden on Companies

ESG Today

The updated rules will apply as of the beginning of 2026, covering the 2025 financial year. order to help mobilize capital flows to sustainable investments and support the financing of the sustainable transition. order to help mobilize capital flows to sustainable investments and support the financing of the sustainable transition.