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The Climate Blockers: BASF quietly lobbies against strong climate policy while talking a big game

Corporate Knights

Historically, some 40% of the raw materials entering the site do so by freight ships. In the summer of 2018, these were scraping bottom; cargo traffic was reduced to a trickle, and ships could be only partially laden. You’d expect a company so directly affected by climate change to be jumping on the decarbonization bandwagon.

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IPCC issues final warning about ‘rapidly closing window of opportunity’

Corporate Knights

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But there’s still time to take action if countries pick the right decarbonization options and scale up fast. Overshooting 1.5°C

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

Corporate Knights

Those numbers left any Indigenous investor with the prospect of losing money on the deal and facing “the likely prospect of being saddled with a stranded asset,” independent economist Robyn Allan, a former president and CEO of the Insurance Corporation of British Columbia, told The Energy Mix at the time.

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COP26 Live Blog: All in for 1.5ºC

We Mean Business Coalition

On Cities, Regions & the Built Environment day at COP26, the Race to Zero campaign announced a breakthrough in the real estate sector, with US$1.2 trillion in real estate assets under management now committed to halving emissions by 2030, along with 20% of architects and engineers. . ANALYSIS: . Business Ambition for 1.5°C

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