Business Green

NOVEMBER 4, 2022

Is the COP27 Summit that kicks off in Sharm El Sheikh this weekend the most important COP meeting yet, and therefore one of the most critical gatherings in the entire history of humanity? It is, by the admission of the Egyptian hosts, an "implementation COP". If COPs did not exist you would need to invent them.

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COP Carbon-negative Resilience Government 101

Renewable Energy World

DECEMBER 10, 2021

India has a target ofd 500 GW of installed non-fossil fuel capacity by 2030, as announced by Prime Minister Narendra Modi at the United Nations Climate Change Conference of the Parties (COP-26) in Glasgow in November. Current nuclear and large hydropower capacity add up to around 50 GW.

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Business Green

NOVEMBER 18, 2022

But while the COP27 Presidency may insist the talks are advancing as planned, the mood among many of the delegates in the COP complex remains dour, with a growing expectation the fraught negotiations will continue deep into the weekend. "I don't think we have anything to worry about," he said. "I I hope I'm not wrong".

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Fossil fuels COP Carbon Asia 57

Business Green

NOVEMBER 20, 2022

But group of petrostates resist calls to phase down fossil fuels and accelerate decarbonisation efforts. The so-called High Ambition Coalition of nations argued the draft text should include a commitment to phase down all fossil fuels and clearer commitments to accelerate the roll out of renewables.

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Business Green

JANUARY 24, 2022

In his first major speech since the close of UN Climate Summit this afternoon, Sharma is to urge countries to meet the various climate commitments they made last autumn, as he sets out the priorities for the UK's COP Presidency year, which runs until the start of the COP27 Climate Summit in Egypt next November. temperature goal.

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COP Fossil fuels Africa Politics 53

GreenTechMedia

OCTOBER 21, 2019

also became the first country in the world to pledge to phase out coal by 2025. Statements to Parliament do send a market signal, but the sharpest call would be a statement in the marketplace: that the BoE will no longer purchase stocks connected with fossil fuels, starting with coal. That is why the U.K.

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Business Green

MARCH 24, 2021

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions. We will not leave oil and gas workers behind in the United Kingdom's irreversible shift away from fossil fuels.

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Business Green

OCTOBER 28, 2021

Businesses have a stake in the COP outcomes for three main reasons - let me explain. per cent use of electricity from renewable sources and reduced total energy consumption from fossil fuel sources by 86 per cent compared to 2017. What do businesses want to see from the governments that's being discussed at COP?

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Business Green

OCTOBER 11, 2022

"This includes extending support for Just Energy Transition Partnerships (JETPs), country-led partnerships supported by G7 nations that will help decarbonise economies and accelerate the transition from fossil fuels to clean, renewable energy.".

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COP Climate change Resilience Fossil fuels 41

Business Green

NOVEMBER 19, 2022

as the key target for the Paris Agreement and reiterates last year's promise to deliver a "phasing down" of unabated coal power and a "phasing out" of inefficient fossil fuel subsidies. in reach, global emissions must peak before 2025 at the latest. It also "requests parties that have not yet done so.

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Fossil fuels COP Methane Carbon 69

Business Green

NOVEMBER 7, 2022

We made unprecedented progress on coal, and on fossil fuel subsidies. We committed to rapidly scale up finance, and to double adaptation finance by 2025. The Secretary General has been clear: our shared long-term futures do not lie in fossil fuels and I agree with him wholeheartedly. Not 1.5C - but still, progress.

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COP Fossil fuels Climate change Europe 36

Business Green

NOVEMBER 11, 2022

EU energy emissions fall, Rwanda gets its first mini-grid, and Brazil preps a COP bid. The report confirms "demand for fossil fuels is falling due to high prices and strong wind and solar output, contrary to fears of a resurgence due to the energy crisis". Brazil to offer to host future COP.

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Business Green

NOVEMBER 4, 2022

Another COP is coming - the 27th United Nations Climate Change Conference. In addition, there is growing dismay, and anger in many quarters, that the unmet promises of past COPs, especially in providing finance to those that are suffering loss and damage from climate change, are going to make COP27 even more challenging.

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Business Green

NOVEMBER 15, 2021

Fossil fuels get named and shamed. For the first time in 25 years of UN climate talks, coal and fossil fuel subsidies have been singled out in an official document. Countries have also agreed to submit their post-2030 climate targets on a five yearly cycle, with 2035 plans due in 2025. on the table," he said.

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Fossil fuels Business Energy Monitoring Methane Building Energy Monitoring 66

Business Green

NOVEMBER 15, 2021

The agreement's new commitment to call on countries to strengthen their national climate action plans - NDCs in the jargon - next year, instead of in 2025, represented a remarkable diplomatic coup. A similar dynamic is at play in the row over phasing out or down of unabated coal power and inefficient fossil fuel subsidies.

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Fossil fuels Government COP Policy 97

Envirotec Magazine

OCTOBER 26, 2021

Funding support is also forthcoming for district heating, via a £338 million investment in the Heat Network Transformation Programme set to take place between 2022 and 2025. This is hardly the COP figure the Prime Minister wants to read.”. The plan also mentions a 2028 minimum target of installing 600,000 heat pumps per year.

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Hydrogen Carbon Fossil fuels Government 130

Business Green

NOVEMBER 18, 2022

But it remains significantly longer - and has been published much later - than previous COP cover texts, meaning negotiators have a major task ahead of them in whittling down options to deliver political consensus. We can only really perhaps get the highest ambition on mitigation if we also see a strong breakthrough on loss and damage.

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Business Green

AUGUST 4, 2020

The plan - which outlines how the oil giant intends to slash its oil and gas output by 40 per cent by the end of the decade, increase its annual spending on low-carbon technologies and energy 10-fold, and reimagine the fossil fuel business as an integrated energy company - has pushed BP from net zero laggard to what looks like a global leader.

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Clean Energy Canada

NOVEMBER 2, 2021

has committed to reducing emissions by 50% below 2005 levels by 2030, up from its previous commitment of 26% to 28% below 2005 levels by 2025. As part of its COP presidency, the U.K. For comparison, the U.S. Relevance for Canada: Canada is one of the countries expected to provide climate financing for developing countries.

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Sea level rise COP Fossil fuels Natural gas 52

Business Green

NOVEMBER 17, 2022

Documents released this morning strongly suggest significant dividing lines remain on a raft of key issues, including climate finance and adaptation funding, loss and damage, carbon markets, language around the phasing down of fossil fuels, and much more besides.

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Fossil fuels Packaging Global warming COP 47

Business Green

NOVEMBER 11, 2021

We have been using fossil fuels for over 200 years now, and our recent fuel crisis is a stark reminder of how reliant our transport network remains on it. The type of fuel we use to travel matters. By 2025, this could represent 1.2 To achieve all of this, we need help.

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Transportation Electric vehicle Government COP 68

Climate Tech VC

NOVEMBER 13, 2023

Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs.  The Notorious Hannah Ritchie finds that clean energy will require less mining than fossil fuels.  Aka land platypus.

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Business Green

NOVEMBER 4, 2022

UN Secretary General and COP Presidency warn progress on funding for addressing climate-related damage is critical to success of pivotal climate talks kicking off this Sunday. That is the best guarantee for this COP process to survive and achieve its objective.".

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COP Packaging Government Fossil fuels 38

Business Green

JANUARY 24, 2022

It calls on countries to phase-down unabated coal power and phase-out inefficient fossil fuel subsidies. It commits us to rapidly scale up climate finance and to double finance for adaptation by 2025. Yet every country at COP has agreed to phase-down coal power. And it contains ambitious text on loss and damage.

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Climate change COP Fossil fuels Investment 41

Business Green

NOVEMBER 9, 2021

To support its argument, the government today published new research it commissioned with Bloomberg New Energy Finance, which shows how 31 per cent of the global passenger vehicle market is now covered by vehicle manufacturer commitments to end sales of fossil fuel-powered vehicles, up from a near zero share of the market at the start of 2021.

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Business Green

AUGUST 17, 2021

As the countdown to COP 26 continues, hydrogen is an area where the UK can lead by example on the global stage, showcasing the value of strong partnerships between government and the private sector on the road to reducing emissions.". We are working at pace.

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Hydrogen Government Carbon-neutral Fossil fuels 101

Envirotec Magazine

JULY 6, 2021

What are the big priorities for COP? Clearly it will be a major achievement for the UK government if the UK can hold a successful COP, so one can only assume the will is there to try to bring it off. This “would level the playing field,” she said, “and it would be a massive result if we got that done at COP.”. Job creation?

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Building Energy Monitoring Business Energy Monitoring Energy Monitor COP 246

Business Green

APRIL 4, 2022

And so today's report's conclusion that while the scale of the challenge is monumental - the world must peak emissions by 2025, before halving them by 2030 - it also encouragingly makes clear that the world already has all of the tools it needs to achieve these aims, in order to keep the chances of limiting global warming to 1.5C

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Business Green

NOVEMBER 21, 2021

Business and policy leaders reflect on the major wins from the Glasgow Summit, what needs to happen next, and why COPs could look and feel difficult from now on. Crucially, it signalled the fossil fuel economy is coming to a close - albeit a slower one than is needed, with its explicit targetting of fossil fuel subsidies and coal power.

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Politics Fossil fuels COP Climate change 47

Business Green

NOVEMBER 10, 2021

My question to my fellow world leaders this afternoon, as we enter the last hours of COP, is: Will you help us do that? As we move into the final stages of the summit, a lot more commitment and action is needed if this is to be a successful COP," said Kiran Sura, sustainability and climate change expert at consulting giant PwC.

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Fossil fuels COP Climate change Carbon 36

Business Green

JULY 12, 2021

• Recycle 50% of waste by 2025 - and reduce the waste produced per student by 10% by 2025. Other plans include investing in low-carbon alternatives to fossil fuel dependent infrastructure, working with suppliers that meet sustainability goals, and introducing more electrical vehicle charging points.

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Business Green

NOVEMBER 12, 2021

I heard someone call COP26 the "business COP" I couldn't find any official reference of that sort, but I'm inclined to agree. Moreover, many of these banks continue to finance the fossil-fuel industry, funding coal mines, backstopping debt issuance and lending directly to power producers, as the Financial Times reported.

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COP Agriculture Fossil fuels Climate change 36

DeSmogBlog

NOVEMBER 11, 2021

Iberdrola helps run an annual cycle ride to UN climate summits backed by the International Energy Agency, which recently called for an end to new fossil fuel developments if the Paris Agreement goals are to be met. Before lauding their green credentials and using cheap gimmicks, how about not investing in new fossil fuel plants?”.

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Business Green

JANUARY 30, 2023

The new projections pull BP's estimates more into line with those of the International Energy Agency, which has said it now expects to see global emissions peak by 2025. Despite the marked increase in government ambitions, CO2 emissions have increased in every year since the Paris COP in 2015 (bar 2020).

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Demand Investment Fossil fuels COP 38

Business Green

JANUARY 15, 2023

I think a lot of the feedback that you hear from any of the COPs is we're not doing enough and we're not doing it fast enough. And I do believe that summits like COP help to crystallize our efforts toward a more balanced relationship with the natural world. Has COP changed your perspective on what Schneider could do?

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Demand Building Energy Monitoring Energy Monitor Business Energy Monitoring 36

Business Green

FEBRUARY 4, 2021

In leading the UK, as host to the COP, you have a chance to change the course of our climate trajectory - or you can stick with business-almost-as-usual and be vilified in the streets of Glasgow, London and around the world," Hansen wrote. We don't need new mines," he added.

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Government Carbon Carbon-negative Carbon-neutral 77

Business Green

JANUARY 30, 2023

Despite the marked increase in government ambitions, CO2 emissions have increased in every year since the Paris COP in 2015 (bar 2020)," it continues. Crucially, these changes are evident in both the fossil fuel and the clean energy market. Investment in clean energy basically matched that in fossil fuels last year.

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Energy Energy Fossil fuels Demand 41