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JPMorganChase and 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy) announced a new agreement, with the bank purchasing 50,000 metric tons of carbon dioxide removal (CDR) credits over 10 years from a new DAC plant in Texas.
This week in ESG news: Australia passes mandatory climate reporting law; Google signs carbon removal deal at landmark $100/ton price; Bain survey finds CEOs losing focus on sustainability as it becomes more important to consumers and corporate buyers; SEC fines Keurig over coffee pod recycling claims; Oracle launches sustainability data and reporting (..)
These findings may prove to be particularly important as EPA works to revise federal methane regulations this year. The report is a collaborative effort between Ceres and the Clean Air Task Force, with support from the Bank of America Charitable Foundation.
Signals of change in the netzero transition this week include a call for G7 countries to phase out fossil fuels, and multinationals’ investing in nature. NetZero Economy G7 Energy and Environment ministers meet in Sapporo, Japan this weekend ahead of next month’s Leaders’ Summit.
Whether working with fellow SR Inc Member-Clients in the NetZero Consortium for Buyers (NZCB) or with independent buyer advisory services, all sophisticated SR Inc Member-Clients are interested in the VPPA market as they chart paths to NetZero Emissions globally. hubs using common analytics.
Whether working with fellow SR Inc Member-Clients in the NetZero Consortium for Buyers (NZCB) or with independent buyer advisory services, all sophisticated SR Inc Member-Clients are interested in the VPPA market as they chart paths to NetZero Emissions globally. hubs using common analytics.
Every quarter since 2019, SR Inc’s NetZero Consortium for Buyers (NZCB) has been pleased to offer the NZCB VPPA Opportunity Index that enables a comparison of potential wind and solar VPPA performance across US hubs using common analytics. The Index reflects both prior (backcast) performance and forward pricing.
These principles align to the commitment by Principal Real Estate Investors to achieve net-zero carbon emissions by 2050. Environmental Protection Agency (EPA) to deliver cost-saving energy efficiency solutions. The recognition aligns with Principal’s commitment to achieve net-zero carbon emissions by 2050.
Every quarter since 2019, SR Inc’s NetZero Consortium for Buyers (NZCB) has been pleased to offer the NZCB VPPA Opportunity Index that enables a comparison of potential wind and solar VPPA performance across US hubs using common analytics. The Index reflects both prior (backcast) performance and forward pricing.
Firms around the world have drafted and shared strategies to address investor pressure and align with net-zero policies, but only a few have defined an approach that can truly deliver on their stated goals. Net-Zero Strategy Development and Program Implementation.
Environmental Protection Agency (EPA) and totaling $20 billion, aimed at financing climate and clean energy projects at the community and small business level. According to the EPA, at least 40% of the funds from the program will be dedicated to low-income and disadvantaged communities.
Basically, nature positive is biodiversity’s netzero with a critical difference: While netzero is a destination, nature positive is a journey. Governments, companies, banks and NGOs are all at the starting line ready to take the nature-positive journey. No entity can ever claim to be “nature positive.”
The Pledge recognises the “essential roles” that private sector, development banks, financial institutions and philanthropy play to support implementation and welcomes their efforts and engagement. The proposal also requires Member States to establish mitigation plans for abandoned coal mines and inactive oil and fossil gas wells.
Climate Envoy John Kerry, investors, and banks to highlight growing net-zero momentum in U.S. TOP STORIES. US reentry to Paris agreement adds momentum to cities’ sustainability efforts (Source: The Hill ). finance (Source: Ceres ). 310 Businesses and Investors Support U.S.
The letter also seeks a net-zero electricity grid by 2035, a 50 percent target for electric vehicle sales by 2030, and a renewed commitment to international climate finance. The Environmental Protection Agency (EPA) committed to establishing new limits on discharges into rivers and streams. Businesses, banks, and investors.
Anti-ESG proposals generally took conservative positions on issues like diversity, equity and inclusion (DEI), free speech and net-zero targets, said Lindsey Stewart, Director of Stewardship Research and Policy at Morningstar Sustainalytics. Pro-ESG resolutions were flat at 558. Climate, though, is not the concern.
The head of the EPA has asked the White House to repeal the endangerment finding, which says that greenhouse gases pose a threat to public health and welfare, contradicting climate science. JP Morgan and Citigroup have left the Net-ZeroBanking Alliance, but have stated that they plan to work independently on the path to net-zero.
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