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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

The Government of Canada’s commitment to eliminating inefficient fossil fuel subsidies signals both greater support for clean technology as well as emission reductions across the economy from traditional sectors. Canada is also committed to phasing out public financing of the fossil fuel sector.

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Zambia Proposes Removing Customs Duty on Battery-Electric Vehicles & Charging Systems

CleanTechnica EVs

Dr. Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, announced that, “… to continue promoting the usage of clean energy as well as supporting the green economy and climate change mitigation, I propose the following measures: a) Remove customs duty on […]

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

Green Car Congress

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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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. The Climatescope results come just ahead of next month’s United Nations-supported climate negotiations in Madrid. This year’s Climatescope headline results are undeniably disappointing.

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Plug Power, Chart Industries and Baker Hughes to become cornerstone investors in FiveT Hydrogen Fund; clean hydrogen at scale

Green Car Congress

These investments will enable FiveT to establish itself at the heart of the hydrogen industry and help advance a broader global mission to address climate change and accelerate the energy transition. The Fund will exclusively finance projects in the production, storage and distribution of clean hydrogen.

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RESPONSE TO CLIMATE CHANGE COMMISSION: Drive Electric’s advice on the second draft of the Emissions Reduction Plan (2026-2030)

Drive Electric

Table 1: Chapter 9 Energy and Industry Table 2: Chapter 11 Transport Table 3: Climate Change Commission Recommendations Table 4: Drive Electrics Summary Recommendations Part B: Detailed response Introduction New Zealand is on the cusp of the biggest transformation in transport in over a century.