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Canada’s Big Five banks keep moving further away from net-zero

Corporate Knights

trillion, states the report by InfluenceMap , a global corporate research think tank based in London. The banks racked up $275 billion in loans and bond and equity underwriting to fossil fuel companies between 2020 and 2022, which represents 16.9% of their total financing activity of $1.63 of their total financing activity of $1.63

Net Zero 352
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Will meat eaters really switch to alternative proteins?

GreenBiz

New readers can sign up here. Prices of lab-grown and plant-based meat are falling just as awareness of the climate impact of livestock is growing. So either ranchers figure out how to produce low-carbon beef — and it’s far from certain they can — or we eat less red meat. That doesn’t bode well for the meat industry.

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Lessons from the ‘yellow vests’

Corporate Knights

I chuckled and asked whether he had been coming to many of the weekend protests against France’s carbon tax. Raphaël explained that he lived outside of Paris, and the spike in gas prices was too much for his family to bear. Increasing energy prices disproportionately burdens lower-income groups. I’m a bus driver.”.

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

Corporate Knights

The report lands scarcely a week after Calgary hosted the World Petroleum Congress, the self-styled “ Olympics of oil and gas ”, where fossil industry delegates took the IEA and the Canadian government to task for stressing the opportunity and the urgency in the shift to carbon-free energy.

Net Zero 308
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Duke Energy Florida Reduces Customer Bills Starting January 2024

3BL Media

“By combining Hurricane Idalia costs with the remaining balance of prior storms and previously filed bill reductions like lower fuel costs, we are able to provide some much-needed bill relief to our customers,” said Melissa Seixas, Duke Energy Florida state president. “We More information is available at duke-energy.com.

Net Zero 147
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G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion

3BL Media

Originally published on about.bnef.com Read the full factbook here NEW YORK, December 4, 2023 /3BL/ - Governments and state-owned companies in the 19 individual G-20 member states provided $1.3 However, such subsidies often benefit wealthier energy users disproportionately. The G-20 members are moving at vastly different speeds.

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Could green hydrogen be key to a carbon-free economy? The Saudis are going big on something called green hydrogen — a carbon-free fuel made from water by using renewably produced electricity to split hydrogen molecules from oxygen molecules. The price of green hydrogen is falling, however. Jim Robbins. Thu, 11/19/2020 - 01:30.