Net zero - CSO Futures (Page 3)

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Global temperatures breach 1.5C for a year straight

Global temperatures breach 1.5C for a year straight

“This is more than a statistical oddity and it highlights a continuing shift in our climate,” Copernicus Director Carlo Buontempo said.

08 July 2024

German 2025 budget includes 'record investment' in renewables, says Scholz

Policy & Standards

German 2025 budget includes 'record investment' in renewables, says Scholz

After intense negotiations and mounting pressure for spending cuts, Germany clinched a 2025 budget deal including “record investments” in renewable power and industrial decarbonisation.

05 July 2024

Columbia appoints Zarrilli as first sustainability officer

People & Culture

Columbia appoints Zarrilli as first sustainability officer

With experience spearheading climate initiatives in NYC mayoral administrations, Zarrilli will be tasked with helping Columbia act on its climate goals.

05 July 2024

GM fined $145.8 million after US finds excess emissions

Operations & Finance

GM fined $145.8 million after US finds excess emissions

GM is the latest carmaker to get slapped with hefty fuel economy penalties.

03 July 2024

Google blames 48% increase in emissions on AI

Google blames 48% increase in emissions on AI

AI services and programs require considerably more power than standard online activity, sparking concern that the tech industry’s environmental impact is increasingly worsening.

03 July 2024

EU approves 3bn euro carbon capture scheme

Decarbonisation

EU approves 3bn euro carbon capture scheme

The European Commission approved a 3 billion euro scheme to support carbon capture and storage in Sweden, though business leaders say lack of regulatory guidance has slowed progress in the sector.

02 July 2024

EU energy generation greenest yet, data show

Energy Transition

EU energy generation greenest yet, data show

Europe's energy generation is the greenest it's ever been, though demand remains low, skewing prices.

02 July 2024

Heavy fuel oil ban takes effect in Arctic

Policy & Standards

Heavy fuel oil ban takes effect in Arctic

Ships sailing through Arctic waters can no longer use or carry heavy bunker fuel, though some say a long list of exemptions has undermined the ban's effectiveness.

01 July 2024

Google buys stake in Taiwan solar firm to offset regional emissions

Operations & Finance

Google buys stake in Taiwan solar firm to offset regional emissions

Google has purchased a stake in a BlackRock-backed solar firm amid cries that the AI boom is worsening Big Tech's carbon footprint.

01 July 2024

Report: Global carbon removal credit industry could reach $100bn

Decarbonisation

Report: Global carbon removal credit industry could reach $100bn

The global market for carbon dioxide removal credits could reach up to $100 billion a year between 2030 and 2035 if barriers to the industry’s growth are addressed.

28 June 2024