Kerry urges “First Movers Coalition” to buy low-carbon products
Before November’s COP26 climate summit in Glasgow, major global enterprises are committing to buy low-carbon products in hard-to-abate sectors like cement, steel, aviation and shipping.
Before November’s COP26 climate summit in Glasgow, major global enterprises are committing to buy low-carbon products in hard-to-abate sectors like cement, steel, aviation and shipping.
Of the approximately 480,000 school busses in the US, 1,164 are electric. The Infrastructure bill (aka The American Jobs Plan) has $20b to convert the first 100,000 busses to EVs.
The new technologies we need will come from R&D and venture-capital funding to create prototypes and “proof of concept” demonstrations. This proposed federal program will support the next stage of financing.
Remember the recent shareholder meeting, where 2 “environmentalist investor candidates” were elected to the Board? Well, it’s having an impact.
Things happen fast once you “fix the economics,” Imagine what happens to these curves if carbon pricing were imposed on natural gas!
As the EU announces “Fit for 55,) a plan to cut GHGs by 55% by 2030, Bloomberg analysts map next steps, including regs, market incentives, border carbon adjustments … and enforcement.
Note: CCL supported this legislation as a “secondary ask” in March Lobby meetings. Creating certified carbon markets, is it a model for bi-partisan, market-based solutions?
“We think of carbon as the new calorie,”
Summary: The green vortex describes how policy, technology, business, and politics can all work together, lowering the cost of zero-carbon energy, building pro-climate coalitions, and speeding up humanity’s ability to decarbonize. It has also already gotten results.