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Countries have to double their power grid renewal to meet climate targets

Corporate Knights

C target in the 2015 Paris climate agreement, the IEA warns. To support countries’ climate and energy security targets, power grids around the world will have to build or replace an estimated 80 million kilometres of power lines by 2040, the equivalent of all the transmission capacity now in place around the world. of global GDP.

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Addressing the Credibility Crisis in Carbon Credits: How New Technologies — And New Data — Are Building Trust in Carbon Markets

James Militzer

Are carbon credits a legitimate tool to fight climate change? times on average: In other words, a typical cookstove project could be claiming to produce roughly six times more carbon credits than the actual climate benefits it generated. A simple example: A Nepali woman cooks with wood, which releases one ton of CO2 per year.

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Why No Politician Is Willing to Tell Us the Real Energy Story

Gail Tverberg

The real story is that we are already running short of oil, coal and natural gas because the direct and indirect costs of extraction are reaching a point where the selling price of food and basic necessities needs to be unacceptably high to make the overall economic system work. Food prices have risen significantly.

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Net zero is transforming clean energy procurement

GreenBiz

"Net zero" is eating all other corporate climate language. . While the name may be different, fundamentally the strategy is similar to earlier climate commitments: reduce emissions as quickly as possible. . These deals are being supported by the falling cost of this technology. Now those announcements are rare.

Net Zero 474
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Wrestling with the future of mining in a net-zero world

Corporate Knights

Or they are places where bad people go – those who exploit and extract at the expense of others, human and nonhuman, and are not concerned about the cost. The mining industry is changing, driven not just by international standards and external pressures but by internal forces too. But they do so at a cost. No easy answers.

Net Zero 150
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From Wild West to Law of the Jungle

Chris Hall

Voluntary carbon markets can direct climate finance to emerging markets, but risks persist despite reforms. . VCMs facilitate the trading of carbon credits that don’t count towards mandatory decarbonisation targets or fall under regulated carbon markets, such as the EU’s Emissions Trading System. . Climate capital .

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Energy Transition Accelerator

Chris Hall

Discussions on climate finance will continue in Sharm El Sheikh, but developed countries have since launched individual initiatives to support EMDEs. . One of the most notable was announced by US Special Presidential Envoy for Climate John Kerry on COP27’s Finance Day. billion in international climate adaptation investments.