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Google, Intersect Power, TPG Launch $20 Billion Data Center Clean Energy Partnership

ESG Today

The first co-located clean energy project under the new partnership is anticipated to be operational in 2026, and fully complete in 2027.

Net Zero 111
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Squaring the circle: Making sense of the UK Industrial Strategy

Envirotec Magazine

While reservations on that front were apparent from many of the expected quarters – and the document evinces a confidence in net zero as a route to cheaper energy that seems at increasing variance with much of the wider world – there were also misgivings from some in the sustainability sphere about its fairness.

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Scale Needed to Power African Renewables

Chris Hall

This needs to change if countries on the continent are to meet their 2050 net zero goals, mitigating and adapting to the impacts of climate change. in 2024, up from just under 2% in 2023, and is predicted to grow by 5% per year between 2025 and 2027. The IEA expects demand to double by 2040, and even triple in some regions.

Banking 81
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Take Five: Bigger, Better, Bolder

Chris Hall

Sensing the difficulties, a letter from the Glasgow Financial Alliance for Net Zero Secretariat, the Blended Finance Taskforce and the Global Capacity Building Coalition reiterated the ability of the private sector to deliver US$1 trillion toward the annual US$2.4 The UK, it’s worth noting, recently confirmed its CBAM plans for 2027.

Banking 81
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The Iberian green industrial opportunity: Carbon capture and storage

McKinsey Sustainabilty

2 two digit level)—1000,” Eurostat, accessed June 2024. percent reduction factor for 2024 to 2027 and 4.4 An expansion of the EU ETS that covers buildings and road transport emissions is expected to be fully operational by 2027. 4 Direct air capture: A key technology for net zero , International Energy Agency, April 2022.

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AI and ESG: Part Two: Risk and Governance

Chris Hall

In addition, there are a growing number of players offering risk management guidelines such as The Partnership on AI , AI4People , Future of Live Institute , The Green Digital Finance Alliance (GDFA) and The Responsible AI Institute (RAI). billion metres cubed of water withdrawal globally by 2027, over half the UK’s annual water use.

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As prices surge, what next for China’s green power certificates?

Eco-Business

I predict that, once the compulsory purchase of GECs is up and running, we will see supply and demand in the GEC market even out in 2027, leading to more stable pricing. Also, specific details on GEC-usage requirements and cross-provincial allocations have not yet emerged, so the market is waiting to see what happens.