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Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020

GreenBiz

Despite net-zero pledges, banks used $750 billion to finance fossil fuels in 2020. Net-zero commitments may have ricocheted across banking sector over the last 18 months, but big banks' attestations of climate concern did not stop many from expanding financing for the world's top fossil fuel firms during the pandemic year.

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Harvard's decision to ditch fossil fuel investments reflects changing realities

GreenBiz

Students had demanded for years that the university divest from fossil fuels. What happens next?

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Could trash-to-energy technology feed hydrogen demand?

GreenBiz

Could trash-to-energy technology feed hydrogen demand? One novel spin on emerging hydrogen fuel options is "clean hydrogen" made from trash. . Clean hydrogen could cut greenhouse gas emissions from fossil fuel by up to 34 percent, reported Bloomberg New Energy Finance. . Arlene Karidis. Wed, 07/15/2020 - 01:00.

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Carbon 'rainbow': Unilever pledges $1.2B to scrub fossil fuels from cleaning products

GreenBiz

to scrub fossil fuels from cleaning products. billion over the next 10 years into initiatives that will allow it to replace chemicals in its cleaning products made from fossil fuel feedstocks with greener alternatives — an investment it described as critical to meeting its aim of achieving net-zero emissions from its products by 2039.

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Analysts warn of capacity concerns as EVs set to total 5% of UK power demand by 2030

Envirotec Magazine

The UKs ambitious target to increase electric vehicle (EV) sales to 80% of all new car purchases by 2030 could result in them accounting for up to 5% of total power demand, according to energy analysts at Montel, though there are concerns whether capacity buildout will be adequate. The total increase in demand from EVs could add 17.12

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Morgan Stanley will measure CO2 impact of loans and investments

GreenBiz

Morgan Stanley will measure CO2 impact of loans and investments. bank to commit to measuring and disclosing the climate impact of its loans and investments, announcing last week that it has joined a multi-trillion dollar group of global financial institutions developing a standardized method for carbon accounting. Finance & Investing.

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Stop Greenwashing Skiing: Norway Must Drop Equinor Sponsorship and Lead on Climate

DeSmogBlog

This event is more than a celebration of sport it is a global stage where the country can either reinforce its role as Europe’s biggest fossil fuel producer or rise to the occasion and lead a just transition away from oil, gas and goal production. This is not climate leadership. It is greenwashing. And it must stop.