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Australia will miss its weak 2030 emissions reduction targets, new data shows

Renew Economy

Australia set to fall short of its weak Paris Agreement target for emissions, thanks to the lack of meaningful federal policy. The post Australia will miss its weak 2030 emissions reduction targets, new data shows appeared first on RenewEconomy.

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O-I Glass Announces New Ambitious 2030 Sustainability Goals

3BL Media

Now, were taking bold steps to further support its circularity and decarbonization by elevating our 2030 sustainability goals. This year, we are going to hit many of our sustainability goals that we initially set for 2030. This aligns O-I with the target of the 2015 Paris Agreement to limit the temperature increase to 1.5

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Norway Sets Goal to Reduce GHG Emissions by 70% – 75% by 2035

ESG Today

The new decarbonization goal will form Norway’s new Nationally Determined Contribution (NDC) under the Paris Agreement. NDCs are national climate action plans presented by each country under the agreement, and are required to be updated every five years with increasingly higher ambition. of the Paris Agreement.

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Banks flout net-zero targets to cash in on the next LNG boom

Corporate Knights

Liquefied natural gas developers have expansion plans that could release 10 additional metric gigatons of climate pollution by 2030, and major banks and investors are enabling them to the tune of nearly $500 billion. Many large banks have pledged to reach net-zero emissions, yet they are still financing the LNG boom.

Net Zero 252
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New framework for CO2 offsets could create "cowboy carbon markets," critics warn

Corporate Knights

For the first time carbon credits will be recognized under the Paris Agreement, enabling countries and companies to use offsets to meet their carbon reduction targets, potentially giving a huge boost to carbon credit trading. The market in 2023 was only a fraction of this total at US$723 million, according to Ecosystem Marketplace.

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Green steel may be a climate game-changer. Which carmakers are making the shift?

Corporate Knights

Indeed, the embedded, or production, emissions of an electric car will likely account for around 60% of total life-cycle emissions by 2030, with steel making up anywhere from 16% to 27% of that, according to the EU-based advocacy group Transport and Energy. And General Motors announced a supply agreement with U.S.

Net Zero 208
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How China's 'Belt & Road' initiative could make or break the Paris Agreement

GreenBiz

China is eyeing $12 trillion investment across 126 developing countries by 2030, but will the resulting infrastructure be low carbon?