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Only new fiscal rules will avoid a Budget carbon COP out

Business Green

The Treasury should set in stone a new fiscal rule for an annually-increasing carbon price in the UK, argues SSE chief executive Alistair Phillips-Davies. Ahead of COP26 in Glasgow I think it's imperative the Treasury installs a new fiscal rule: the need for an annually increasing carbon price.

COP 60
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Net Zero Strategy: Energy Systems Catapult calls for market incentives to be aligned with net zero agenda

Business Green

Research body argues government must fix 'uneven' decarbonisation policies that continue to drive customers towards high carbon activities. The COP presidency provides us with a unique position, an opportunity, to move the debate forward and to accelerate global progress," he said.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. Happy Monday!    And happy COPing to those on the ground in Dubai!

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'Half measures won't halve emissions': The green economy reacts to IPCC's climate solutions report

Business Green

Green business figures, politicians, environmental groups, economists and more react to leading climate experts' assessment of the solutions needed to deliver net zero. Here, BusinessGreen rounds up all the top reaction from business figures, politicians, campaigners, economists and more. Simply put, they are lying.

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🌎 The lithium jackpot in Smackover #220

Climate Tech VC

In deals, $900m for pulsed magnetic inertial fusion, $100m for energy efficiency as a service, and $70m for AI precision weed control. By 2030, it aims to produce 75,000 to 100,000 tons of Lithium Carbonate Equivalent (LCE), the refined product used in batteries, enough to power 1m EVs.    Image via USGS.

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What Is Carbon Accounting? Standards, Frameworks, Developments and Challenges

Green Business Bureau

What is carbon accounting? Carbon accounting – also known as a carbon or greenhouse gas inventory – is the process of measuring the amount of carbon dioxide, or other greenhouse gases (GHG), an organization emits. Carbon accounting is a must for any becoming business today.

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🌏 Trump 2.0 for climate tech #222

Climate Tech VC

Amid all the chaos, we almost forgot it’s COP this week.) In other news, Elon Musk's potential influence on environmental policy; clean energy stocks fell after the election news; and climate policy momentum in local and state elections. Image via Power Brief.   ⚡ Clean firm power : neutral to positive.