Fumio Kishida, Japan’s Prime Minister, has announced at the COP26 conference in Glasgow, Scotland, to provide $10 billion over five years to help Asia reach zero carbon emissions.
President Moon Jae-in of South Korea pledged at the G20 summit in Rome that South Korea will complete the phaseout of coal-fired power generation by 2050.
Meeting Scope 3 obligations is not always easy, but it is essential for companies working towards becoming truly ‘net zero’.
By Harriet Assem, Technical Director, ESG and Sustainability at ITPEnergised
Going carbon neutral is a huge undertaking for any company. Pre-planning a route with regular, achievable goals and recognising the importance of accountability will make the journey easier.
By Mark Doyle, Corporate Accounts Manager at Gazprom Energy
US clean energy firm 8 Rivers Capital, acting through its UK subsidiary Zero Degrees Whitetail Development (ZDW), and Sembcorp Energy UK (SEUK), part of Singapore-based Sembcorp Industries, have signed a collaborative agreement to develop the UK’s first net zero emissions power plant.
The leaders of the G7 nations announced they would rapidly scale up technologies and policies that accelerate the transition away from coal capacity, including ending new government support for coal-fired power generation by the end of this year.
A ruling from the Washington DC circuit of the US Court of Appeals, on the day before Joe Biden is to be inaugurated as President, that Trump’s Affordable Clean Energy law was “legally flawed.”
China has launched its long-awaited national carbon emissions trading scheme. Under the scheme, China’s power operators will have to buy emissions permits if their coal plant exceeds carbon intensity benchmarks.
The International Energy Agency (IEA) has released its Electricity Market Report, which states that the COVID-19 crisis will reduce global electricity demand in 2020 by 2 per cent.
The UK has announced a new target to reduce the UK’s emissions by at least 68 per cent by 2030 compared to 1990 levels.