Wednesday, November 6

Tag: climate action

Biden: To Reach 1.5 Degree Celsius, ‘Marathon’ To Net-Zero Is Needed
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Biden: To Reach 1.5 Degree Celsius, ‘Marathon’ To Net-Zero Is Needed

November 2, 2021--U.S. President Joe Biden addresses the COP26 in Scotland. Here is a clip of his speech from yesterday. https://youtu.be/bGPhBabHMA0 "We’re planning for a both short-term sprint to 2030 that will keep 1.5 degrees Celsius in reach and for a marathon that will take us — take us to the finish line and transform the largest economy in the world into a thriving, innovative, equitable, and just clean-energy engine of net-zero — for a net-zero world. That’s why today I’m releasing the U.S. long-term strategy, which presents a vision of achieving the United States’ goal of net-zero emissions economy-wide by no later than 2050 and reinforces an absolutely critical nature of taking bold action with the — in the decisive decade. We’re also going to try to do our part when it...
‘Climate Change Can Tear Us Apart,’ Italy’s Draghi Says
Types of News: Videos

‘Climate Change Can Tear Us Apart,’ Italy’s Draghi Says

Italian PM Says Costs Add Up To $390 Billion A Year November 2, 2021--Italian Prime Minister Mario Draghi talks about the social, security and economic costs of climate change. "Climate change can tear us apart," he said at COP26. According to Draghi, risks of a warming Earth include social tensions, migration flows, terrorism and organize crime, among others. https://youtu.be/104FDAEQMtc
Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Prince Charles Calls for ‘Vast Military-Style’ Effort on Climate

November 2, 2021--In his speech to COP26 on Monday, Prince Charles to harness trillions of dollars in private capital to finance a transition to a green economy. https://youtu.be/9voeQ32BqS8 Please visit our affiliate marketing partner and accept cookies. Plant a Tree supports animals and the planet with its work. His remarks are as follows: "Ladies and gentlemen, the COVID19 pandemic has shown us just how devastating a global cross-border threat can be. Climate change and biodiversity loss are no different.In fact, they pose and even greater existential threat to the extent that we have to put ourselves on what might be called a warlike footing. Having had myself the opportunity of consulting many of you over these past 18 months, I know you all carry a heavy burden on yo...
Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’
Climate Action, ESG, Sustainable Finance, Types of News: Videos

Boris Johnson: World Leaders ‘Must Live Up To Financing Promises’

November 1, 2021--The COP26 climate conference kicked off today with speeches from many of the world's leaders. United Kingdom Prime Minister Boris Johnson welcomed leaders to the conference, held this year in Glasgow, Scotland. "When it comes tackling climate change words, blah blah blah, without action, without deeds are absolutely pointless. And our record on deeds is not exactly stellar," Johnson said. He went on to say that world leaders failed to deliver on promises they made to raise $100 billion a year to finance climate action by 2020. "There was absolutely no wiggle room in that. That deadline has come and gone. And we've collectively flunked it." Pointing to countries most in danger of climate change effects, Johnson added, "We need to think about them and take action now ...
Biden, Automakers, UAW Unite to Promote Electric Vehicles
Climate Action, ESG, Sustainable Finance, Domestic Politics, Energy Policy, Oil & Gas, Global Economics, Types of News: Brief, Types of News: Videos, United States

Biden, Automakers, UAW Unite to Promote Electric Vehicles

President Biden held an event with U.S. and Dutch automakers August 5, 2021 at the White House. Executive Order Establishes New Rule-Making on Emissions Standards And Sets Goal 50 Percent Electric Vehicles by 2030 August 7, 2021--President Joe Biden signaled a new push for U.S. battery manufacturers and lower greenhouse gas emissions with an Executive Order calling for half of all new cars and trucks made in America to be electric by 2030. In addition to setting that goal, the president called for federal investment in building a national network of a half-million electric vehicle charging stations, customer incentives that will result in more manufacturing and union jobs, financing and retooling the domestic manufacturing supply chain, and developing more clean technologies. Fund...
U.S. and Russia Optimistic About Joint Climate Action
Climate Action, ESG, Sustainable Finance, Diplomacy, Types of News: Brief

U.S. and Russia Optimistic About Joint Climate Action

July 15, 2021—Top officials from the old Cold War’s top superpowers said they see an issue on which they can work together: climate change. Courtesy Needpix.com The optimistic outlook came during U.S. climate envoy John Kerry's four-day visit to Moscow to meet with Russian Foreign Minister Sergei Lavrov and other government officials. The countries they represent produce the second and fourth greatest amounts of carbon dioxide emissions, respectively. China is number one and India is third.* Kerry said, “we believe that there is space for us to cooperate on this," as reported by Radio Free Europe. Lavrov agreed that such discussions are a positive move forward. The detente on climate change is a bright spot during a time of heightened tensions between th...
G20 Finance Ministers Back Carbon Taxes To Fight Climate Change
Climate Action, ESG, Sustainable Finance, Diplomacy, Organizations, IMF, WTO, G7, Types of News: Brief

G20 Finance Ministers Back Carbon Taxes To Fight Climate Change

July 12, 2021—G20 finance ministers last week agreed carbon pricing could be an effective tool to help fight global climate change. During their meetings at the G20 High Level Tax Symposium on Tax Policy and Climate Change in Venice, Italy, the ministers also reaffirmed a 2050 target for net zero emissions of greenhouse gases, using carbon taxes as a way to get there. Photo by veeterzy on Unsplash Tools At Their Disposal While the ministers did not approve a carbon tax proposal, they acknowledged that different countries had many tools at their disposal to reduce emissions, but international cooperation is ultimately critical. Carbon Pricing, Explained Carbon pricing is a fee or tax on companies to cover the external costs of greenhouse gas emissions, such as...
Climate Change Driving a Global ‘Race to the New Technology,’ US Envoy Says
Climate Action, ESG, Sustainable Finance, Diplomacy, Types of News: Brief

Climate Change Driving a Global ‘Race to the New Technology,’ US Envoy Says

March 25, 2021--Climate change is driving a massive shift in investment and industry in the United States and around the world, Special Presidential Envoy for Climate John Kerry said today. 'Massive Transformation' "We are on the cusp of a massive transformation and ultimately the market is going to make the moves, not the government," Kerry said, during a virtural conference held by the Washington-based Institute of International Finance. In a conversation with IIE President and CEO Tim Adams, Kerry said climate change is driving widespread changes in industries and opening up markets in the future. "This is not something for people to be scared of. This is the biggest economic opportunity we have seen," Kerry said. White House Priority To emphasize the importance he p...
Europe Agrees on 2030 Emissions Targets, Changes to Energy and Transport Sectors
Climate Action, ESG, Sustainable Finance, Energy Policy, Oil & Gas, Europe, EU, Eurozone, Types of News: Brief

Europe Agrees on 2030 Emissions Targets, Changes to Energy and Transport Sectors

Dec. 11, 2020--A year after introducing the Green New Deal, the European Council agreed today to targets for reducing greenhouse gas emissions within the next decade. The plan envisions cutting emissions by 55 percent of 1990 levels by 2030. The deal requires significant changes to the energy and transportation sectors. It also calls for investment in energy-efficient buildings and infrastructure for electric cars. European Commission President Ursula von der Leyen said the agreement "future-proofs" the European Union. "Today's agreement puts us on a clear path towards climate neutrality in 2050. It gives certainty to investors, to businesses, to public authorities and to citizens," von der Leyen said in remarks given after the European Council meeting today. Leaders emerge fr...
Coal Can’t Compete With Gas & Renewable in Europe, Study Says
Energy Policy, Oil & Gas, Types of News: Brief

Coal Can’t Compete With Gas & Renewable in Europe, Study Says

October 24, 2019-In a sign that renewable energy and natural gas are increasingly gaining market power, a study released today by the Carbon Tracker Initiative finds that 79 percent of coal generators in the European Union are running at a loss. "Owing to relentless competition from ever lower-cost wind and solar, and gas, these losses could be sustained for the foreseeable future," according to the Carbon Tracker Initiative, a London-based think tank focused on climate change. The new study suggests the coal industry cannt survive, unless it is supported by heavy government subsidies, due to sustained competition from wind and solar power and temporarily cheap natural gas. "EU coal generators are haemorrhaging cash because they cannot compete with ever-cheaper renewables and...

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