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Only new fiscal rules will avoid a Budget carbon COP out

Business Green

The Budget on Wednesday will be the first real test of this government's commitment on climate and it needs to drive momentum in the decarbonisation of electricity, heat and transport or it will set us up for a failure on the world stage. This Budget is a real opportunity to show leadership on carbon pricing.

COP 59
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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 Meanwhile, global emissions are spiralling upwards again as the economy recovers and surging fossil fuel prices are driving fears that a new wave of high carbon infrastructure investment could yet be unleashed.

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Preparing for COP26

Envirotec Magazine

What are the big priorities for COP? But progress was still lacking on Resilience and Energy Transition. 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. Where are the main challenges? Nature and finance.

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What Is Carbon Accounting? Standards, Frameworks, Developments and Challenges

Green Business Bureau

As such, in 2022 81% of S&P 500 companies reported their own emissions (scope 1), and the emissions of the electricity they bought (scope 2). Since the convention’s establishment, the countries involved meet annually during the Conference of the Parties (COP). 30 years later came COP 26 (2021) – held in Glasgow.

Carbon 78
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End of new coal power 'within sight' worldwide, report claims

Business Green

Analysis by E3G and Global Energy Monitor calculates pipeline for pre-construction coal plants has plummeted 76 per cent since 2015. Moreover, it claims a further 16 countries only have one new coal power plant each in development, putting them just "one project away from a future without coal".

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Former COP26 President Brings Shell, BP, Equinor Reps Into Climate Conference

DeSmogBlog

Former UK energy and climate minister Claire O’Neill’s World Business Council for Sustainable Development (WBCSD) is running a series of events at the conference on private sector efforts to tackle climate change. Campaigners said the news demonstrated a “classic case of the revolving door” between “big polluters” and governments.

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'Half measures won't halve emissions': The green economy reacts to IPCC's climate solutions report

Business Green

They are choking our planet, based on their vested interests and historic investments in fossil fuels, when cheaper, renewable solutions provide green jobs, energy security, and greater price stability. But the truly dangerous radicals are the countries that are increasing the production of fossil fuels.