article thumbnail

Is the LNG industry gaslighting the path to net-zero?

Corporate Knights

All told, 24 would-be LNG developers have received natural-gas export permits from the federal energy regulator, though many of those will not proceed. Ottawa is currently developing a transition taxonomy – essentially a guideline as to which types of investments are appropriate in the transition to a net-zero economy.

Net Zero 360
article thumbnail

All Systems go for Net Zero

Chris Hall

C, and investee companies are not yet facing full scrutiny of their net zero transition strategies, posing challenges for institutional investors committed to decarbonising their portfolios in line with the Paris Agreement. Others might set a target for some or all portfolio companies to be net zero aligned by 2030.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Change is already underway within the fossil fuel industry, as developments in the Netherlands, United States and Australia indicate. Set a target The Science Based Targets initiative ( SBTi ) has developed guidelines on setting science-based targets (SBTs) for the financial sector that require the inclusion of financed emissions.

Net Zero 147
article thumbnail

‘Extraordinary growth’ in clean energy is keeping the ‘narrowed’ pathway to 1.5 ?C open: IEA

Corporate Knights

trillion by the early 2030s in the latest net-zero roadmap published this morning by the International Energy Agency. Extraordinary Growth’ in Clean Energy Tech The IEA roadmap is an update of the landmark Net Zero by 2050 scenario that the Paris-based agency first published in May, 2021. trillion in 2023 to $4.5

Net Zero 311
article thumbnail

Canadian pension funds are starting to embrace the green transition

Corporate Knights

Our new report, produced in collaboration with the Ottawa-based Smart Prosperity Institute and funded by the Trottier Family Foundation, finds that pension managers’ support for the green transition is growing but still nowhere near the pace required to meet global net-zero-carbon targets. 79000 0.14

Net Zero 294
article thumbnail

Stranded Workers a Risk in Unjust Transition

Chris Hall

Orderly path to net zero requires social and natural dimensions to be built into transition plans. . Workers, suppliers, communities and consumers should not be forgotten by institutional investors when developing net zero transition strategies. . Building blocks . Building blocks .

article thumbnail

The Largest U.S. Pension Fund Just Rolled Out a Climate Transition Plan Focused on Risk and Opportunity

3BL Media

This step, which doubles down on the pension fund’s climate investing plans for the next seven years, underpins the comprehensive strategy that CalPERS laid out for achieving its goal of cutting emissions from its portfolio investments to net zero by 2050 while assuring long-term financial results for its pensioners.

Net Zero 147