Tag

Emissions Targets

All articles tagged with #emissions targets

world3 months ago

China commits to historic greenhouse gas reduction targets amid global climate concerns

China's President Xi Jinping announced modest emissions reduction targets of up to 10% over the next decade, alongside plans to significantly expand wind and solar capacity, amidst international calls for more ambitious climate action. The targets are seen as pragmatic but underwhelming by environmentalists, raising questions about China's ability to meet its 2060 carbon neutrality goal, while highlighting its leadership in clean technology.

world6 months ago

Bonn Climate Talks Highlight Challenges and Urgency for COP28 Progress

The article discusses the absence of the United States at recent climate talks, which has been met with both regret and relief, and highlights France's push to delay the EU's next climate milestone, potentially weakening the bloc's green ambitions. It also covers other EU climate developments, including Denmark's urgency to reach emissions targets and debates over carbon offsetting.

automotive1 year ago

"US Aims for 500% Increase in EV Sales by 2032 with New Emissions Rules"

A new report suggests that electric vehicle sales in the U.S. need to rise significantly to meet President Joe Biden’s emissions targets, with EVs projected to make up more than two-thirds of all cars on America’s roads by 2032. Vietnamese car maker VinFast is launching its own electric charging network, while a study finds that implementing solutions such as expanding cycling infrastructure and greening public transport networks could significantly reduce carbon emissions from urban transport by the 2030s. Additionally, Amazon's Zoox self-driving taxi service has been cleared to expand in Las Vegas, allowing the vehicles to operate at higher speeds and in more areas.

business2 years ago

ExxonMobil's Lawsuit Targets ESG Investors' Climate Proposals

Exxon Mobil has filed a lawsuit in a Texas court to block a climate proposal by activist investors from being voted on at the company's shareholder meeting in May, arguing that the proposal would be detrimental to its business and share value. The investors are urging Exxon and other oil majors to adopt stricter emission targets, specifically targeting emissions produced by users of their products. Exxon is seeking to exclude this proposal from its proxy statement, while the investors argue that setting Paris-aligned medium-term targets covering these emissions is crucial for the company's long-term interests in the face of climate change.

automotive2 years ago

The Growing Concerns Surrounding Electric Vehicle Sales in the US

Despite the milestone of selling one million electric vehicles (EVs) in the U.S. this year, the growth rate has fallen significantly, posing a challenge to President Biden's goal of making half of all new cars sold in the country fully electric by 2030. The auto industry faces potential fines for not meeting emissions standards, but there are obstacles hindering EV adoption, including high prices, unaffordable monthly payments, concerns over charging infrastructure, and consumer preferences for pickups and SUVs. The popularity of Tesla and the lack of appealing electric pickups contribute to the slower growth. If EV sales don't pick up soon, it could impact the Biden administration's climate goals.

environment2 years ago

UN Climate Change Report Approved by Nations.

Governments have approved a major new UN report on climate change, which was delayed by a battle between rich and developing countries over emissions targets and financial aid to vulnerable nations. The report by hundreds of the world’s top scientists was supposed to be approved on Friday, but the closing gavel was repeatedly pushed back as officials from big nations haggled over the wording of key phrases in the text. The report caps a series that digests vast amounts of research on global warming compiled since the Paris climate accord was agreed in 2015.

climate-change2 years ago

UN Climate Report Delayed by Science Dispute

The publication of a major new U.N. report on climate change is being held up by a battle between rich and developing countries over emissions targets and financial aid to vulnerable nations. The report by hundreds of the world’s top scientists was supposed to be approved by government delegations Friday at the end of a weeklong meeting in the Swiss town of Interlaken. The deadline was repeatedly extended as officials from big nations such as China, Brazil, Saudi Arabia, as well as the United States and the European Union haggled through the weekend over the wording of key phrases in the text.

environment2 years ago

UN Climate Change Report Approved by Nations.

Governments have approved a major new UN report on climate change, which was delayed due to a battle between rich and developing countries over emissions targets and financial aid to vulnerable nations. The report by the UN Intergovernmental Panel on Climate Change caps a series that digests vast amounts of research on global warming compiled since the Paris climate accord was agreed in 2015. The report is intended to ensure that governments accept its findings as authoritative advice on which to base their actions.