China’s leading climate think tanks are pushing for cuts to carbon emissions and coal use over the next five years, according to speeches and a major report China’s top experts on climate change and emissions issued on Monday.
Britain’s National Health Service pledged to become the world’s first health care system to cut carbon emissions to net zero, hoping to achieve that by 2040 with measures from electric ambulances to energy-efficient hospitals.
The United Nations and Britain will host an online climate summit in December, the fifth anniversary of the UN Paris Agreement, in a last-ditch bid to have countries meet a deadline to upgrade their emissions-cutting pledges.
Achieving net zero emissions by mid-century would cost an estimated $1 trillion-$2 trillion a year of additional investments, or one percent to 1.5 percent of global gross domestic product, a report by the Energy Transitions Commission (ETC) said on Wednesday.
COVID-19 has killed thousands of people around the world. And it is still spreading. In order to stop it, the entire world paused for several months. This saved so many lives, but at the same time it completely wrecked economies. Scientists say that the recovery might present us with opportunities to come out better and more eco-friendly than before.
An investor group managing more than $16 trillion on Wednesday launched the world’s first step-by-step plan to help pension funds and others align their portfolios with the Paris Agreement on climate change.
A house with a white picket fence in the verdant suburbs has long been an American dream. It could also be a major hurdle for US chances of cutting climate-warming emissions, researchers at the University of Michigan said in a study.
Australia’s conservative government on Tuesday agreed to push forward legislation that would allow carbon capture and storage projects to be backed by its Climate Solutions Fund and provide credits to big polluters that cut their emissions intensity.
The Norwegian central bank on Wednesday excluded four Canadian oil and gas companies from its $1-trillion wealth fund, the world’s largest, for producing too much greenhouse gas emissions, its first use of carbon emissions as a criterion to blacklist firms.
Japan’s greenhouse gas emissions fell 3.9 percent to a record low in the year ended March 2019, government figures showed on Tuesday, thanks to wider use of renewable energy, the gradual return of nuclear power and lower energy demand due to warmer winter.