July 23, 2024

Paris Agreement

EPA: US GHG Emissions Rose 1.3% in 2022
The topline figures from EPA’s new inventory of U.S. greenhouse gas emissions from 1990 to 2022 show the country’s slow and uneven progress toward President Joe Biden’s goal of cutting emissions by 50 to 52% below 2005 levels by 2030.
United Nations
COP28 Leaders Divided on Role of Fossil Fuels in Energy Transition
Earth is living through its hottest year on record, and global efforts to curb human-generated greenhouse gas emissions driving those high temperatures are not keeping up with commitments to cut emissions.
S&P Global
As COP28 Begins, Experts Say Paris Agreement Targets Are Out of Reach
Hydrocarbons are not going away anytime soon despite growing climate financing and escalating renewables deployment, industry analysts said.
DOE Offers $3.5B for Domestic Battery Manufacturing, $444M for Carbon Storage
DOE announced a pair of funding opportunities for battery manufacturing and carbon storage designed to spur grid storage, electrification and emission reductions.
United Nations
UN Report Calls for Quicker Global Emissions Reductions
The United Nations' global stocktake report showed that while some steps have been taken on climate change, more work is needed and soon to avoid its worst impacts.
Rhodium Group
IRA Gets US Emissions Close to Pledged Levels, Report Finds
The IRA is pushing carbon cuts like no other enacted policy in the U.S.,  but more needs to be done to meet the international pledges from the Paris Agreement, Rhodium Group said in a report.
Gov. Joe Lombardo
Nevada Exits US Climate Alliance
Nevada Gov. Joe Lombardo withdrew the state from the U.S. Climate Alliance, citing a conflict between their goals and his regarding Nevada's energy portfolio.
Report Faults Top Firms on Emission Incentives for CEOs
Many large greenhouse gas emitters incentivize their executives insufficiently or not at all to reduce those emissions, a corporate watchdog group reported.
United Nations
UN Climate Conference Presidency Preps Guide on Just Financing
The Sharm El-Sheikh Guidebook for Just Financing will map out the role of different stakeholders in global climate financing.
Climate Bonds Initiative Issues Draft Steel Certification Criteria
The Climate Bonds Initiative is seeking comments on draft requirements for allowing steel-sector bonds to obtain certification under its Climate Bonds Standard.

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