article thumbnail

New Climate Policy Bills in California Herald Sweeping Changes for Businesses

3BL Media

The state's environmental leadership also extends to climate change mitigation policy. In 2011, enforcement began of the state's low-carbon fuel standard , the world's first. Scope 3 assurance requirements will be determined by the California Air Resources Board (CARB) in 2027.

article thumbnail

‘NOCs’ Knock Investors off Net Zero Track

Chris Hall

The NOC is planning to increase oil production capacity from 12 million barrels per day to 13 million by 2027. Following the onset of the energy crisis prompted by Russia’s invasion of Ukraine, several of the assessed companies have rowed back on their climate ambition.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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. and larger; these buildings must meet a final EUI target by 2030, with interim targets in 2024 and 2027.

article thumbnail

ESG Can Put Airports on Course for Growth

Chris Hall

Stakeholders are alive to the climate concerns and without stakeholder buy-in, airport operators and airlines could lose their social licence and their ability to grow. Consumers’ consumption patterns and attitudes have changed over the last decade. MtCO2e by 2050.

article thumbnail

Can Shell help pilot a new era of sustainable aviation?

GreenBiz

Along the way, I’ve spoken with airline consultants, fuel producers, carbon offset experts and industry critics, as well as with Shell executives, to understand the technologies and market drivers that could, over time, enable aviation to align with other industries in meeting the terms of the 2015 Paris climate agreement.

article thumbnail

Preparing Your Business for Emerging ESG Regulations

3BL Media

Watch On-Demand New ESG Regulations in the US New ESG regulations in the United States focus heavily on disclosing greenhouse gas (GHG) emissions and the financial impacts associated with climate change. The earliest compliance date for CSDDD will be in 2027. Four examples of influential regulations in the US include: 1.

article thumbnail

A Strategic Mess

Stanford Social Innovation

However, this year their Assess phase has centered on more nuanced internal and external questions: What’s going on in the carbon-offset market? Should we have a carbon-offset strategy, and if so, what should it look like? What current trends in climate change policy do we see? Hockey-stick scale?