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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels.

Tax 397
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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. Produce materials essential for a low-carbon future. Reduce the carbon footprint of operations.

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Sasol and Topsoe to form JV to accelerate global SAF production

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The aviation sector alone contributes 2-3% of global carbon emissions. Sustainable aviation fuels decarbonizing air transport are called for globally by industry and regulators. Together, this proven partnership intends to bring future-proof solutions to the market.

Global 150
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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.

Climate 428
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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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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. and China account for more than half of all carbon dioxide emissions globally.

Carbon 195
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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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C global warming. 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. 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.