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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. —Ryan et al. —Ryan et al.

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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. Many Rio Tinto operations are highly energy-intensive and some of the industrial processes also result in GHG emissions.

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EPA: US GHG emissions up 6% in 2021 from 2020

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million metric tons of carbon dioxide equivalents after accounting for sequestration from the land sector—representing a 6% increase from 2020. from 2020 to 2021. increase in vehicle miles traveled (VMT) from 2020 to 2021 due to the gradual recovery from the COVID-19 pandemic, which limited travel in 2020.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. Tackling climate change is not a one-country, one-sector or one-technology job. —Milovanoff et al. Milovanoff, A.,

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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. C change by the end of the century. degree Celsius in 2020.

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130 banks holding US$47 trillion in assets commit to climate action and sustainability; 1/3 of global banking sector

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In the Principles, launched one day ahead of the UN Climate Action Summit in New York, banks commit to align their business strategically with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals, and scale up their contribution to the achievement of both.

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Latest GHG Inventory shows California remains below 2020 emissions target; much steeper rate of GHG reductions required

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California’s latest greenhouse gas data shows that while the state continues to stay below its 2020 target for emissions, there is much more work to do to achieve carbon neutrality by 2045. California statewide GHG emissions dropped below the 2020 GHG Limit in 2016 and have remained below the 2020 GHG Limit since then.

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