World falls ‘pitifully short’ of meeting climate goals, U.N. report says
|

World falls ‘pitifully short’ of meeting climate goals, U.N. report says

Despite a high-profile promise to boost ambitions at last year’s U.N. climate summit, nations have shaved just 1 percent off their projected greenhouse gas emissions for 2030, a new United Nations report found — leaving Earth on track to blow past a safe temperature threshold by almost a full degree.

IEA: Renewables Need $1.3 Trillion Per Year by 2030 for Climate Goals

IEA: Renewables Need $1.3 Trillion Per Year by 2030 for Climate Goals

Investment in renewable energy will need to hit $1.3 trillion a year by 2030 for the world to be on track to limit global temperatures set out in the Paris climate accord.

That’s the latest assessment from the International Energy Agency, which revised up the figure from $1 trillion in a previous forecast.

America’s Climate Bill Looks Even Better Than Before

America’s Climate Bill Looks Even Better Than Before

Credit Suisse published a research note about America’s new climate law, The Inflation Reduction Act, the bank argued, is even more important than has been recognized so far: The IRA will “will have a profound effect across industries in the next decade and beyond” and could ultimately shape the direction of the American economy,