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Comment: Carbon net zero – we’re halfway there

Envirotec Magazine

By Faye Bowser, Head of Energy Solutions, Siemens plc. How do we find the energy and ideas now to put in place the changes needed to sustain our collective trajectory to 2050, and also identify the next set of ‘big wins’ for industry? We have already exceeded our interim global business goal of cutting CO2 emissions by half by 2020.

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Decade of delivery: How can businesses help keep 1.5C alive at COP26?

Business Green

The latest report from the Energy Transitions Commission has set out a roadmap for how the world can move on to a 1.5C It is a daunting task, but one governments and businesses have no option but to complete if they want to avert a rolling climate crisis. warming trajectory over the course of the coming decade. in the current decade?

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Carbon offsets alone won’t make flying climate-friendly

Grist

It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. In the presence of the sun’s rays, nitrogen molecules set of a chain of reactions that produce ozone and destroy free-floating atmospheric methane. It’s also terrible for the climate. Others warm it.

Carbon 98
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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.

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? Fueling carbon-free transport

Climate Tech VC

The Tank-up of Tomorrow Transportation accounts for ~16% of global GHG emissions , and while passenger vehicles have likely gone the way of EVs, cleaning up the remaining 55% of hard-to-decarbonize aviation, heavy ground transport, and maritime shipping is still—well, hard! Engines are optimized for fossil fuels.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. 💪 Climate joined the labor movement.

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Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

Business Green

ShareAction explained that comparisons are difficult due to banks setting different targets for different sectors, with only 14 of the banks having set methane targets, despite being a major source of greenhouse gas emissions. world.".