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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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Government of Canada releases framework for ending fossil fuel subsidies

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Putting the Assessment Framework and Guidelines into force will ensure any government supports for the sector will not delay the transition to renewables, are in compliance with the goals of the Paris Agreement to limit warming to 1.5 °C, Support clean energy, clean technology, or renewable energy.

Canada 150
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European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

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The measure will contribute to reaching EU energy and climate change goals while limiting distortions of competition. As part of the EU 2020 strategy, the Renewable Energy Directive requires all Member States to ensure that at least 10% of all energy consumed in transport come from renewable sources by 2020.

Italy 296
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Study: air pollution causes 800,000 extra deaths a year in Europe and 8.8 million worldwide

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As a result of these findings, the researchers say that national governments and international agencies must take urgent action to reduce air pollution, including re-evaluating legislation on air quality and lowering the EU’s current limits on the annual average levels of air pollution to match the WHO guidelines. in the EU is 25 ?g/m

Pollution 320
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US Climate Action Report to UN Projects 4% Growth in Total US GHG Emissions to 2020

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while the US GDP is projected to grow by 40%, according to the fifth National Communication on US climate change actions submitted by the US Department of State to the United Nations Framework Convention on Climate Change. The United States released previous Climate Action Reports in 1994, 1997, 2002, and 2006.

Climate 199
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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Although most countries have already revealed their opening emissions reduction proposals, UNFCCC Executive Secretary Yvo de Boer pointed out Thursday that “ we still await clarity from industrialized nations on the provision of large-scale finance to developing countries for immediate and long-term climate action. by Jack Rosebro.

Climate 236
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Galp and Northvolt establish JV for lithium conversion plant in Portugal; initial annual capacity of 35,000 tons of lithium hydroxide

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The projects should fit within Galp’s decarbonization path as well on its capital allocation guidelines, as per announcements at the company’s latest Capital Markets Day. Galp offers various types of energy from electricity produced from renewable sources to natural gas and liquid fuels.

Portugal 170