Search Results

Showing 131 - 140 of 347 results for "industrial"

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... stated it plans to align its portfolio with the Paris Agreement to limit the temperature increase to 1.5°C above pre-industrial levels. FS Sustainability reached out for comment as to whether the firm has abandoned the Paris goal of 1.5°C, but did ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
... The UN warns that, if current trends persist, we are staring down the barrel of 2.5°C-2.9°C of warming above pre-industrial levels this century, necessitating a steep 42% reduction in emissions in the next six years to curb the rise to the agreed 1.5°C ...

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... Global Cooling Pledge. Australia did not join the 22 countries called for tripled nuclear energy capacity by 2050. A new Industrial Transition Accelerator (ITA) was launched to accelerate decarbonisation in heavy emitting sectors and transport globally ...

COP28 Unveiled: Assessing Global Climate Progress and the Road Ahead

VIRGINIE DERUE  |  THURSDAY, 23 NOV 2023  |  NEWS
... are alarming. It warns the direction of travel in terms of keeping global warming significantly below 2°C above pre-industrial times is off track - and that the chances of triggering climate tipping points are rising. The study also found that in regard ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
... in energy transition and security, as the open-ended fund makes its first investment to acquire a US commercial and industrial solar and battery platform. With nearly US$1 billion in commitments from European founding partners, Italy's largest bank Intesa ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... production t commence in 2025. It is estimated that the hub could produce over 14,000 tonnes of green hydrogen per year for industrial use and heavy transport. This is equivalent to fuelling around 750 vehicles a year in Australia's heavy vehicle fleet ...

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... important time for renewable energy markets in the region, in the context of increasing demand from commercial and industrial off-takers. "The energy transition in Australia requires an acceleration in the deployment of new renewable generation. Macquarie ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... as much placed on physical risk exposure, which can be a blind spot," Waterford said. "The LEAP framework brings an industrial logic to breaking down what might be a known unknown, and a director's obligation potentially stretches to known unknowns." ...

Clean tech bags big bucks

ROSE MARY PETRASS  |  WEDNESDAY, 15 NOV 2023  |  NEWS
... The unit harnesses silicon's extremely high latent heat capacity, powered by intermittent renewables, for large industrial applications without generating carbon emissions. The energy storage company has now received a total of $4.95 million in grant ...

NGFS introduces "too-little-too-late" climate scenario

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... carbon prices, in which global warming is limited to 1.5°C. According to NGFS, we are currently at 1.2°C above pre-industrial levels. The NGFS has also ditched the Divergent Net Zero scenario, which was a scenario in which the world achieved net zero ...