Chris Hall
MAY 17, 2022
The California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) have “wildly exaggerated” the costs of divesting fossil fuel holdings, according to climate activist group Fossil Free California (FFC). billion in fossil fuel investments that would need to be divested under SB 1173.
Chris Hall
APRIL 5, 2022
The report acknowledged steps the EU had taken to stimulate investment in building renovation, such as the mandatory Energy Performance Certificates and minimum energy performance standards for existing buildings from 2027. . Do they divest so the poorly performing assets are no longer on their books? Hunziker said. .
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Chris Hall
SEPTEMBER 7, 2023
The NOC is planning to increase oil production capacity from 12 million barrels per day to 13 million by 2027. Aramco announced record-breaking profits of US$161.1 billion in 2022, a 46.5% increase on the year before, in the wake of the energy crisis prompted by Russia’s invasion of Ukraine.
Chris Hall
MAY 25, 2022
On 18 May, the Commission provided more details on its €300 billion REPowerEU plan, originally unveiled in March , which focuses on short-term recommendations between now and 2027, as well as medium-term targets which increase existing 2030 goals. Redrawing the blueprints .
Chris Hall
APRIL 12, 2023
Independent think tank the Resolution Foundation, which is working to improve living standards for low- and middle-income families in the UK, said that income inequality will continue to rise year-on-year, reaching highs of 40.8%
Chris Hall
JUNE 1, 2022
In March 2020, a coalition of 32 organisations spanning 17 countries wrote to the world’s biggest asset manager BlackRock, calling for the firm to divest its 5% stake in Drax, citing carbon intensity of woody biomass. . Drax first launched a BECCS pilot project in 2018 and aims to have the technology fully operational by 2027. .
Chris Hall
MARCH 27, 2024
“If gas demand is to fall – the IEA expects it to peak before 2030 – these projects could be at risk of generating low returns for investors,” she adds. Vietnam’s first LNG terminal has been delayed until 2027, while the Philippines has faced contractual issues for gas-fired plants due to costs.
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