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

Green Car Congress

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. Rio Tinto introduced its first climate change target in 2008 and beat its most recent target.

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

Green Car Congress

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. —Bob Dudley, group chief executive. Cobalt prices rose 30% to their highest levels since 2008, while Lithium carbonate prices increased by 21% to new highs.

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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

Green Car Congress

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

Green Car Congress

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 ”. By 2021, one million electrified vehicles of the BMW Group will be on the roads.

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Copenhagen Diagnosis Released, Detailing Accelerating Indicators of Climate Change In Last Three Years

Green Car Congress

A team of 26 climate scientists from Australia, Austria, Canada, France, Germany, Switzerland, the United Kingdom, and the United States have published the “Copenhagen Diagnosis”, an interim synthesis report on developments in climate change science from mid-2006 to the present day. surface temperatures, 1980-2008.

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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Exxon/Mobil Guilty of Climate Change Coverup. Now Ordered Out of Torrance 3 Years Sooner.

Creative Greenius

But now that I’ve found out they’re still lying and covering up their role in climate change and the size of their own carbon footprint, I’m going to have to get tougher with them. Company records show that ExxonMobil handed over hundreds of thousands of pounds to such lobby groups in 2008.