Saturday, December 28

Climate Action, ESG, Sustainable Finance

Climate change is driving widespread changes in industries and opening up markets in the future. It’s our goal to define not only the challenges but also the potential solutions by taking action. #climateaction

As The Economy Goes Greener, The Job Market Is Evolving Rapidly
19Aug By Steve BerlinNo Comments
Climate Action, ESG, Sustainable Finance, Energy Policy, Oil & Gas, Types of News: Analysis

As The Economy Goes Greener, The Job Market Is Evolving Rapidly

Solar jobs are growing. Photo: Science in HD, Unsplash Policymakers Deal With Both Climate Change And Economic Losses In Fossil-Fuel Communities August 19, 2021--As the long-term fight against global climate change intensifies, workers and communities reliant on the fossil fuel industry are increasingly feeling the pinch of potential job losses and revenue. That presents a challenge for policymakers in the public and private sectors. As they move toward a greener economy, they also need to think in terms of mitigating losses in traditional energy sectors. "It's important to be doing it now because the transition is beginning to accelerate," said Phil Jordan, vice president at BW Research Partnership. "We have to figure this out in the next three to five years at the latest." ...
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Earth To Warm By 1.5 Degree Celsius By 2040, UN Report Warns
9Aug By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Brief, Types of News: Videos, UN Security Council

Earth To Warm By 1.5 Degree Celsius By 2040, UN Report Warns

Consensus Now Says Human Influence on Climate Warming Is 'Established Fact' August 9, 2021--In a massive 3949-page report, a United Nations working group warns that the climate is warming and humans influence is a cause. The report covers every area of the world. It discusses both the cause and effect. Most notably, it warns that even under the best-case scenario, scientists predict the Earth will warm by 1.5 degrees Celsius by 2040. "It is unequivocal that human influence has warmed the atmosphere, ocean and land," the report said."Widespread and rapid changes in the atmosphere, ocean, cryosphere and biosphere have occurred." It is the sixth of eight reports by the UN’s Intergovernmental Panel on Climate Change. The report comes in advance of the UN Climate Change Conference i...
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Biden, Automakers, UAW Unite to Promote Electric Vehicles
7Aug By Steve BerlinNo Comments
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...
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UK’s Johnson Sees Chance for Green Investments; Will He Seize It?
22Jul By Steve BerlinNo Comments
Climate Action, ESG, Sustainable Finance, Domestic Politics, Types of News: Brief

UK’s Johnson Sees Chance for Green Investments; Will He Seize It?

July 22, 2021 -One-time climate change skeptic UK Prime Minister Boris Johnson now sees an opportunity where he once saw only a grim warning. That opportunity is the chance to attract private investment in a green economy. "We're confident that green technology and green investments are the roots to not just cutting emissions but to long-term job creation and economic growth," Johnson said during a recent meeting with a parliamentary liaison committee. Johnson said he sees "huge" investments happening in wind energy and enormous potential for investments along the British coast. Johnson rolled out a plan that includes a blueprint for private sector investments late last year. The plan targets a 78 percent reduction in greenhouse emissions by 2035 when compared to 1990 levels an...
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U.S. and Russia Optimistic About Joint Climate Action
15Jul By Steve BerlinNo Comments
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...
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G20 Finance Ministers Back Carbon Taxes To Fight Climate Change
12Jul By Steve BerlinNo Comments
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...
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Climate Change Driving a Global ‘Race to the New Technology,’ US Envoy Says
25Mar By Patti MohrNo Comments
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...
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Europe Agrees on 2030 Emissions Targets, Changes to Energy and Transport Sectors
11Dec By Patti MohrNo Comments
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...
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Spain Says Climate is National Emergency
22Jan By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, Types of News: Brief

Spain Says Climate is National Emergency

January 22, 2020-Spain's new socialist government declared that climate change is a national "emergency." The government plans to make it a cornerstone issue for all ministerial departments and government actions. That adds Spain to a list of more than two dozen countries that have declared climate change an emergency. The coalition government led by Prime Minister Pedro Sánchez, who took office on 13 January, plans to bring legislation to the parliament to reduce greehouse gas emissions to a net zero by 2050, according to reporting by Euractiv and AFP. If parliament approves the bill, it would require "all urban areas with a population of more than 50,000 to create low-emission zones," Reuters reported.
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Trade in Plastic Waste is Coming to A Halt, in Part
28May By Patti MohrNo Comments
Climate Action, ESG, Sustainable Finance, International Law, Legal Battles, Types of News: Brief

Trade in Plastic Waste is Coming to A Halt, in Part

May 28, 2019--Amid a decline in trade of plastic waste, Malaysia announced it would return 3,000 tons of plastic trash to exporting countries, including Australia, Canada, Japan, the United States and Saudi Arabia. "Malaysia won’t continue to be a dumping ground for the developed nations and those responsible for destroying our ecosystem with these illegal activities are traitors," Malaysia Environmental Minister Yeo Bee Yin, told reporters on Tuesday, according to a report in the South China Morning Post. "We will fight back. Even though we are a small country, we will not be bullied." The problem, the Malaysian ministry said, is that countries are shipping low-quality plastics that cannot be recycled -- a move that is against the country's laws. “Garbage is traded under t...
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