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Understanding the price of decarbonization

McKinsey Sustainabilty

Skip to main content McKinsey Quarterly Understanding the price of decarbonization June 16, 2025 | Article Stefan Helmcke   Tomas Nauclér Scott Pendrey   Tim Vroman Cutting emissions is more important than ever. A major technological development for decarbonization is the rise of AI and advanced analytics.

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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

"Despite this significant drop from 2019 to 2020, the overall trend of the last five years is one heading definitively in the wrong direction," the report states. trillion to coal, oil and gas companies in the five years since the Paris Agreement was signed, it calculates. Decarbonization. Finance & Investing.

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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness. Technology disruption is by definition challenging to forecast. Graphic: Auke Hoekstra, TU Eindhoven.

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Public Policy Forum urges government to help finance oil and gas emission reductions

Corporate Knights

The Public Policy Forum report contrasts its proposed “aggressive decarbonization” approach with the calls from many environmental organizations for the government to force the oil and gas sector to cut production if companies can’t or won’t reduce emissions consistent with Canada’s international commitments.

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Expectations Going Into COP28

3BL Media

Serving as a negotiator to the series of Climate Change COP events since COP21 (2015), where the Paris Agreement was adopted, Dr Abdel-Aziz provided the Alliance with exclusive insight into landmark developments and prospects this year. I've been participating since COP 21 when the adoption of the Paris Agreement took place.

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At long last, Canada restricts oil and gas subsidies (except for all the loopholes)

Corporate Knights

The new guidelines detail the process and definitions behind the oil and gas subsidy phaseout. The definition covers initiatives that support fossil fuel consumption or activities, and funding that disproportionately benefits the fossil fuel sector. those are the pieces that we still need to find.”

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T-Mobile Commits to Net Zero Emissions Across the Value Chain

ESG Today

T-Mobile also announced that it has joined The Climate Pledge, an initiative co-founded by Amazon and Global Optimism in 2019 to create a cross-sector community of companies and organizations committed to achieving net-zero 10 years ahead of The Paris Agreement.