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Smith College, MA embarks on $220-million geothermal project

ThinkGeoEnergy

The Smith College in Northampton, Massachusetts continues its work to build a geothermal system that will contribute to making the campus carbon-neutral by the end of the decade. The geothermal project is expected to be completed by 2028, towards achieving carbon neutrality by 2030.

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Vast Majority of Financial Institutions Have No Policies Restricting Oil and Gas Expansion

DeSmogBlog

Just 13 financial players out of hundreds assessed from around the world have restrictions in place against funding oil and gas industry expansion, according to the Oil and Gas Policy Tracker. New funding for fossil fuels is delusional,” Guterres said on June 14. New funding for fossil fuels is delusional.

Policy 96
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This NGO Won a Climate Case Against Shell. Its Next Target? Dutch Bank ING

DeSmogBlog

Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossil fuel firms and their activities. ING’s climate policy is miles away from what is necessary to achieve the 1.5°C

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Review of Climate Policy Options

Low Carbon Prosperity

Evaluating regulations, subsidies, pricing mechanisms, and hybrid policies. The latest, most urgent call to action from the IPCC has increased attention on policies to reduce CO2 emissions and enhance carbon sequestration. In its simplest form, a carbon tax or fee reduces emissions due to the elasticity effect.

Policy 72
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WoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change

GreenTechMedia

Yet just as efforts toward that goal are finally scaling up — via the EU’s amplified climate targets, China’s new carbon-neutral target for 2060, and other examples — the coronavirus pandemic has introduced a massive dose of uncertainty. “We need more policy support than is available today.

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One in Three Directors at Australia’s Major Banks Have Ties to Oil, Gas, and Mining

DeSmogBlog

Between 2016 and 2020, Australia’s “big 4” collectively provided $32.41 billion in financing to the fossil fuel industry. Between 2016 and 2020, Australia’s “big 4” collectively provided $32.41 billion in financing to the fossil fuel industry. Fossil Finance.

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'Our future lies in hydrogen': Siemens and Uniper forge green hydrogen partnership

Business Green

Collaboration will investigate uses for hydrogen at Uniper's retiring coal plants as it takes aim at becoming carbon neutral by 2035. Its low carbon power capacity, on the other hand, accounted for just 6MW, split between hydroelectricity and nuclear.