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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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Perspective: The UN Approval Process for Carbon Offsets

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The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies. United Nations Clean Development Mechanism. In this way, more than 300 million credits—each representing the equivalent of one metric ton of carbon dioxide—have been generated.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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However, climate economists predict that if investment in clean energy technology is dramatically increased, for every dollar spent, the world will avoid eleven dollars of climate damage. Other transaction costs include the search of partners, the drafting of contracts, legal assistance, etc. in benefits. Form of Transfer.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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I will continue to work with Senators Kerry and Lieberman to produce a new bill that has a new focus that will lead to energy independence, create the jobs that we will need to become a vibrant, viable economy in the 21st century, and a green economy and clean up the air. ”. Overview of RGGI. Gases: CO 2 emissions. WCI covers seven U.S.

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