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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The new targets for 2030 are: A further 30% reduction in Rio Tinto’s emissions intensity from 2018 levels.

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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. The longer carbon emissions continue to rise, the harder and more costly will be the necessary eventual adjustment to net-zero carbon emissions.

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BMW Group pushes low-emission transport logistics; joins Getting to Zero Coalition

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Ahead of the United Nations Climate Change Conference (COP 25) in Madrid and as part of the Group’s commitment to further reduce carbon emissions along the entire value chain, the BMW Group has joined the “ Getting to Zero Coalition ”. The objective of this initiative is to use zero-emission cargo vessels from 2030.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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ABB, Hydrogène de France jointly to manufacture megawatt-scale fuel cell systems capable of powering ocean-going vessels

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With the use of renewables to produce the hydrogen, the entire energy chain can be clean. of the world’s total greenhouse gas emissions, there is an increased pressure for the maritime industry to transition to more sustainable power sources. With shipping responsible for about 2.5%

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Perspective: The Role of Offsets in Climate Change Legislation

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An offset is a measurable reduction, avoidance, or sequestration of GHG emissions from a source not covered by an emission reduction program. In this way, offsets would complement the more traditional emissions trading that can occur between two covered sources. what would have happened anyway).

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Reducing Black Carbon Emissions and Ground-Level Ozone Would Provide Immediate Benefit Against Climate Change

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Reducing emissions of black carbon soot and ground-level ozone would quickly make a considerable dent in the climate change problem and would also contribute to public health and protect crop yields, according to an essay in the September/October issue of Foreign Affairs. Ramanathan. Wallack and Ramanathan. Earlier post.)