The Climate Pledge calls on new signatories to be net zero carbon across their businesses by 2040 -- a decade ahead of the Paris Climate Accord's goal of 2050. It also calls for signatories to measure and report greenhouse gas emissions on a regular basis; implement decarbonization strategies in line with the Paris Agreement through real business changes and innovations, including efficiency improvements, renewable energy, materials reductions and other carbon emission elimination strategies; and neutralize any remaining emissions with additional, quantifiable, real, permanent, and socially-beneficial offsets to achieve net zero annual carbon emissions by 2040.
Infosys, which is one of the first companies to place an internal price on carbon, has an energy efficiency program that helped reduce its per-capita electricity consumption by 55 pct , and has invested in community-based emission reduction projects to help meet its net zero carbon goal. (Source: Amazon, PR, Business Wire, 16 June, 2020) Contact: Infosys, Salil Parekh, CEO, www.infosys.com; The Climate Pledge, www.theclimatepledge.com
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"Opportunities exist to make real, durable, changes and be more resilient to future crises, by implementing economic stimulus packages that also help meet climate targets, especially for mobility, which accounts for half the decrease in emissions during confinement." -- Prof. Corinne Le Quere , University of East Anglia, May, 2020) Contact: Prof. Corinne Le Quere, www.uea.ac.uk/environmental-sciences
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In a seperate study the Microbial Ecology Journal found that the ability of the North Atlantic to take up and sequester CO2 "appears to be smaller than has been assumed in climate modeling."
(Source: Climate Action Alliance of the Valley, 11 April, 2020) Contact: Climate Action Alliance of the Valley, www.climateactionallianceofthevalley.org
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The report offers a road map for dramatically reducing energy waste and identifies ambitious but cost-effective and technically possible measures that would avert emissions of nearly 2,500 million metric tons of CO2 -- equivalent to all emissions from cars, trucks, homes, and commercial buildings in 2050.
The ACEEE report identifies 11 opportunities and related policies to achieve the necessary savings. Transportation, which will see a transition to electric vehicles, would deliver nearly half (46 pct) of the emissions reductions while buildings would deliver a third and industry a fifth. For energy savings, buildings would deliver 40 pct of the total, followed by transportation at 32 pct and industry 27 pct. The report also notes that government policies and programs alone would deliver about $700 billion a year in energy savings by 2050.
The report calls for scaling up energy efficiency measures, including:
The Halfway There: Energy Efficiency Can Cut Energy Use and Greenhouse Gas Emissions in Half by 2050 report is available HERE. (Source: ACEEE, Facility Exec., Sept., 2019) Contact: ACEEE, Steven Nadel, Exec. Dir., (202) 507-4000, (202) 429-2248 - fax, www.aceee.org
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