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Bank of America becomes carbon neutral one year ahead of schedule

Business Green

Bank of America has become the latest corporate to hit carbon neutrality, with the firm announcing yesterday it has met the target a year ahead of schedule. Being carbon neutral is core to our $300bn, 10-year environmental business initiative that is helping finance the transition to a low-carbon future.".

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Wood isn’t the climate-friendly material you think it is

Grist

Whether used to heat your house or build it, wood is often touted as carbon-neutral, especially by biofuel and lumber companies and even some environmentalists. The logic seems simple enough: Sure, logging unleashes planet-warming carbon into the air, but that can be replaced with new trees that suck carbon back out of the air.

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Investigation: Majority of Directors of World’s Top Insurance Companies Tied to Polluting Industries

DeSmogBlog

Just over half of all directors at 30 of the world’s largest insurance companies have affiliations to polluting companies and organisations, reveals an investigation by DeSmog, including several individuals holding senior roles at some of the world’s largest energy companies. Which raises the obvious question, why? Shrago said.

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Janet Yellen on financing a sustainable future

GreenBiz

In particular, the plan adopts a technology-neutral Clean Electricity Standard, which puts us on the path to achieving 100 percent carbon-free electricity by 2035. An important feature of this approach is that it is technology-neutral. To this end, the SEC is currently reviewing its 2010 guidance on climate-related disclosures.

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General Motors Pledges a Zero-Emissions Light-Duty Vehicle Fleet by 2035

GreenTechMedia

General Motors plans to achieve companywide carbon-neutrality by 2040 and sell only carbon-emissions-free light-duty vehicles by 2035, a major step by America’s biggest automaker to align its future with the climate-change imperatives of the international Paris Agreement and the Biden-Harris administration. and abroad.

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The largest and most spectacular wind farms in the world

The Environmental Blog

Located in the Gansu Province, this colossal wind energy project is a shining example of how a country can harness its vast natural resources to address its growing energy demands while simultaneously reducing its carbon footprint. In October 2010, the US Department of Energy provided a $1.3

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Fossil Fuel Companies Made Bold Promises to Capture Carbon. Here’s What Actually Happened.

DeSmogBlog

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.