In the lead-up to COP26 this November, financial institutions are ramping up their climate commitments, allocating additional investment to clean energy and reducing fossil fuels investment. All 10 major North American banks have set net-zero or Paris-aligned targets within the past year. On April 13, 411 businesses and investors representing $4 trillion in annual revenue […]
MIT Unveils a New Action Plan to Tackle the Climate Crisis
The Institute commits to net-zero emissions by 2026, charts course marshaling all of MIT’s capabilities toward decarbonization. MIT has released an ambitious new plan for action to address the world’s accelerating climate crisis. The plan, titled “Fast Forward: MIT’s Climate Action Plan for the Decade,” includes a broad array of new initiatives and significant expansions […]
Climate crisis not America’s fight alone, but global one: Biden
Biden has rejoined the landmark accord soon after assuming office in January.Under the Paris agreement, each country has to set its own emission-reduction targets, known as national determined contributions and the pacts goal was to limit global warming to well below 2 degrees Celsius. I kept my commitment to convene a climate summit in America […]
How Biden’s infrastructure plan addresses the climate crisis
The plan calls for $15 billion in prototype projects for utility-scale energy storage, carbon capture, hydrogen, nuclear and floating offshore wind power. It’s no coincidence US President Joe Biden chose manufacturing hub Pittsburgh to unveil his $2 trillion green infrastructure plan, a bold pitch to Americans used to hearing that climate action will wreck industry. […]
Bill Gates’ new venture addresses climate crisis
Temperatures over 10000C can be produced using mirroring technology. Washington: A technology solution that can create low-cost, ultra-high-temperature process heat using solar power and offer an answer for climate crisis is in the offing. And the people behind it are the ones who used technology to change the way people lived in 20th century. Reports […]
NOK 300 million allocated to invest in renewable energy in poor countries
At a time when the world is facing a climate crisis, most developing countries depend on strong growth in energy production in order to reduce poverty. ncreased access to clean energy will reduce poverty, improve health and mitigate climate change. The Government is, therefore, allocating up to NOK 300 million annually to provide better guarantees […]
