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Fresh advice from Competition and Markets Authority (CMA) explores how competition law could be leveraged to help meet UK's net zero and environmental goals. It has confirmed it plans to bring forward more detailed guidance in this area.
Yet, as the original purposes of these laws has been largely achieved, states can now accelerate deeper progress towards want we really what: a 100 percent clean electricity grid that is also affordable and reliable. Some of the choices include coal and natural gas, but those resources emit carbon. Puerto Rico, and the U.S.
Some of the most difficult-to-understand words were mitigation , referring to efforts to reduce emissions to slow down climate change, and carbon-neutral , when there’s no net increase in the amount of carbon dioxide in the air. Some people found the shorthand use of carbon confusing. “I
Blank scholar at UC Davis School of Law. Finance has a lot of power in advancing a clean and more just economy through providing the capital for companies in order to transition to the low-carbon economy. In regards to GreenFin, I was particularly impressed with the amount of times that carbon pricing was brought up.
Exxon’s Canadian subsidiary Imperial Oil has deleted from its website a document in which its CEO and chairman Brad Corson claims to investors that carbon capture and storage is “critical” to achieving the “climate goals outlined in the Paris Agreement.” This information does not constitute an active representation of Imperial.” “If
However, the proposals are not yet law, and big European business groups are lining up to water them down, despite adopting official positions supporting climate action, according to a new report by InfluenceMap, a corporate watchdog group. But it opposes the EU’s efforts to end a tax break for jet fuel.
Washington passed 100% clean electricity into law earlier this year, and with public input government agencies are currently drafting rules to guide utilities on how to comply with the law by phasing out fossil fuel emissions and integrating equity in their service models. 100% Clean Energy by 2045 is now the law in Washington!
He’s an ExxonMobil scientist in a company ad that also shows other scientists in a high-tech lab working to develop “low-carbon technologies.” All over the world, carbon-intensive industries and corporations are being challenged over their greenwashing strategies, and the number of relative cases in litigation is multiplying.
On Thursday the 19 th of August, the Climate Council in partnership with the law firm Shearman & Sterling, hosted an intriguing panel to discuss a major topic in the energy industry: Will low-carbon hydrogen be the silver bullet in APAC? But the question remained, “how low carbon is low-carbon hydrogen?”
It will also explore how complex or jargon-heavy language can be used to mislead costumers and whether companies that fail to provide all relevant information about the sustainability of a product of service - for example, whether it's non-recyclable or highly polluting - have breached consumer law.
Companies need shared definitions if they understand what greenwashing actually is and how it can be tackled. Now more definitions of greenwashing are cropping up, in Europe in particular. These definitions, coupled with new anti-greenwashing laws , are meant to help suss out bad actors.
The remaining 20 percent represents investments outside of fossil fuels, in areas such as renewables, carbon capture and storage, and research into new green technologies. . It also had the highest share of posts on carbon capture and storage technologies, with these making up one in five of the promos put out by the company.
This low-carbon image is out of step with the reality of fleet production figures – both current and projected – which reveal a business model out of step wedded to sales of fossil-fuel powered vehicles. These sales fall far below the 70 percent of car adverts that promoted lower-carbon electric vehicles and hybrid vehicles.
percent of their annual capital expenditures in low carbon technologies between 2010 and 2018. I’ve definitely copped a lot of criticism for it [working with Shell],” he said, yet adding that Shell offered him, “a younger person”, the opportunity to “feel represented” and “build more trust” in their so-called “nature based solutions”.
This will be a green, low carbon transition, driven by the government's commitment - enshrined in law - to achieve net zero emissions by 2050. We need to ask ourselves how this works - how these 'green', 'low carbon' and 'net zero' ideas become genuine, tangible economic opportunities available to all.
Today, the ASA said it would carry out a six-month monitoring period after updating its guidance which would be particularly focused on the "carbonneutral" and "net zero" claims abounding in company advertising. But they urged the regulator to now move faster to crack down on misleading environmental marketing across the economy.
In reality, however, the answer to the question is somewhat hazy, as there is very little in the way of an agreed definition for what counts as an ESG investment. If fully adopted, the impact of the recommended taxonomy criteria could be significant. The Taxonomy provides the finance sector with a list of green investment opportunities.
The Compass aims to address concerns about productivity and maintain Europes leading role in sustainable innovation and climate neutrality. Furthermore, the Competitiveness Compass refers to measures that simplify the Carbon Border Adjustment Mechanism (CBAM) for smaller market players, making it more accessible and less burdensome.
Liquid gas companies are casting themselves as champions of rural communities in a bid to weaken proposals to slash the carbon emissions produced by heating Europe’s buildings, according to dozens of lobbyist emails seen by DeSmog.
Several promising carbon reduction measures are combined which are technically viable and based on matured technology, although scaling of existing technologies and cooperation with key partners is required. It originates from Heerema’s ambition to become a carbonneutral offshore contractor.
Designed and executed with care, net-zero carbon goals can offer more than sustainability window dressing for commercial buildings in the decades to come. As we're moving from what was traditionally an avoidance of carbon emissions to avoid climate change, we're now moving much more into adaptation," she said. Risk and adaptation.
Google prides itself on having been carbon-neutral since 2007, with data centers that use 50% less energy than is typical. Cynthia Christensen of Namasté Solar might agree, though she got into solar almost by accident — after a bet she made as a pre-law student with a boyfriend that they couldn’t handle each other’s classes.
While there’s no official definition of NIMBYism, a traditional definition frames it as someone saying that something is fine in the abstract, but not near me or my home. Laws such as the National Environmental Policy Act and state equivalents provide for public involvement in decisions about many major projects.
In 2015, the NPPC, which claims only 3 percent of pig farmers as members, joined NCBA in lobbying to repeal a law that went into effect in 2013 allowing beef and pork producers to put “Made in the USA” labels on their product. So it’s definitely consolidating the industry or will in the future,” Meyer told DeSmog.
has this week announced an exclusive partnership with leading carbon storage developer Frontier Carbon Solutions which aims to permanently remove five million tons of atmospheric CO2 annually by 2030. Our goal is to leverage economies of scale to offer the lowest priced DAC-based carbon removal credits in the market.".
For example, New York law requires a 60 percent reduction in emissions in just eight years. Meanwhile, at the national level, the Biden administration has set a bold goal of achieving carbonneutrality by 2050. County officials worked directly with the developer to obtain information, and no neutral intermediaries were involved.
Carbon capture and storage (CCS) was high on the agenda at New York Climate Week last week, where critics of the technology raised concerns it would be used to extend the life of the fossil fuel industry. The data showed us that their carbon capture plans are not working at scale.” What CCS Projects Promise. And What They Deliver.
Stark, who took over as CEO of the government's climate advisory body in 2018, also acknowledged that while his role is politically neutral, the nature of the job had increasingly pushed the CCC into a more political arena as the debate over how to decarbonise the economy heats up.
“I embrace that high carbon lifestyle […] CO2 is showing huge, huge benefits, and so we should celebrate it,” U.S. Here, windmills are referred to as “bird choppers,” and carbon dioxide is not something to fear, but rather a “miracle molecule” that we should emit more of, not less.
The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. The US is set to get its first ever carbon equivalent tax - on methane. The US has shown it can pass climate legislation - for now, at least.
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