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#netzero

9 posts9 participants4 posts today

You may have missed (I did) that Shell & some other energy groups have left the business group Science Based Targets, that was seeking to develop an energy sector NetZero target, after it became clear that that such a target would require energy firms to stop developing new oil & gas fields...

Hilariously, the energy firms had been able to string along this attempt (no doubt used to reassure Govts that the sector was doing something) for six years before reaching this point!

#NetZero
h/t FT

The bloke who said the Black Summer Bushfires were started by 'self-combusting horse manure' is back, joining Barnaby to sabotage the coalition by opposing net zero. Both McCormack and Joyce spout a few lies in their tirades, notably the fallacy "Why should we address carbon pollution when China doesn't?". Erm, China is screaming ahead in that area, electrifying transport, clearing its air, planting billions of trees and building renewables. It is actually reducing emissions while growing its economy. We do the opposite. #auspol #netzero #LNP #China

The UK announces the final go-ahead on the £38 billion Sizewell C nuclear plant project.

The UK government, the largest shareholder in the project, said Sizewell C, in eastern England, will cost around £38 billion (€44 billion) to construct.

The UK has pivoted toward nuclear power since the start of the war in Ukraine, citing energy security, net zero and the need to modernise its ageing power stations.

mediafaro.org/article/20250722

Construction works on the site of the new Sizewell C nuclear power plant, currently being built next to the Sizewell B nuclear power plant in Suffolk, England, on 11 June 2025. | Chris Radburn
Le Monde · The UK announces the final go-ahead on the £38 billion Sizewell C nuclear plant project.By Le Monde

#Klimaschutz im fossilen Kapitalismus:

"Shell & other (fossil criminals) have abandoned a 6-year-long attempt to define a #netzero emissions strategy after being told that such a standard would require them to stop developing new oil & gas fields."

"Waaas? Keine fossilen Profite mehr? Dann nicht!"
ft.com/content/21c8dab8-567b-4

Financial Times · ‘Net zero’ emissions standard paused as Shell quitsBy Kenza Bryan
Replied in thread

@Lats

I think what is spooking the bazillionaires is the approaching human zero population growth (oh, let's call it #NetZero!!) For the 1st time since the beginning of the industrial age, it looks like sometime in the 2080s world population growth will hit zero.

I suspect we really need to use "net', because it appears to be caused by… bazillionaires, via all the reasons you mention (plus farming us plebes with our pension plans, our retail investing) and induced #ClimateChange causing war.

"I see glimmers of hope. For example, an economy-wide carbon price, long recognised by economists as the lowest cost way of achieving net zero, is appearing in many conversations."

#NickiHutley, economist, 2025

theguardian.com/commentisfree/

Many years ago, some political economists wrote about feeding the revenue from a carbon price into a pool that funds a UBI. So everyone's purchases are subsidised, but carbon-intensive stuff gets more expensive. Clever.

The Guardian · Protecting the environment has always made economic sense. Now we have proofBy Nicki Hutley

Sustainability reporting replaces taxonomy in UK’s green policy framework

In a consultation report published on Tuesday, the British government announced plans to abandon the green #taxonomy framework, first presented in 2020. Taxonomy plans have faced pushback globally for their complexity and inability to prevent #greenwashing. The consultation results showed that 55% of respondents, mainly from financial institutions, had negative or mixed feelings about the taxonomy plan. Emma Reynolds, Economic Secretary to the Treasury and City Minister, said, “The consultation responses showed that other policies were of higher priority to accelerate investment into the transition to #NetZero and limit greenwashing.” Government officials in the #UK hope to shift their focus to corporate transition plans and #sustainability reporting standards. Ensure your company meets #SustainabilityReporting standards by implementing ESG solutions.

impakter.com/esg-news-uk-aband

#ESG
#Politics
#Economy

Impakter · ESG News Recap: UK Discards Green Taxonomy PlanThe British government is abandoning its green taxonomy framework and focusing on green policies deemed more effective in the net-zero transition.

Ed Miliband is to explicitly call out politicians who reject #NetZero policies for betraying future generations in an unprecedented update to parliament about the state of the #ClimateCrisis, which he is calling “an exercise in radical truth-telling”.

theguardian.com/environment/20

The Guardian · Ed Miliband to tell MPs who reject net zero policies they are betraying future generationsBy Peter Walker