Japanese Prime Minister Yoshihide Suga announced that Japan will become country carbon neutral by 2050, Bloomberg reported. As the world’s third-largest economy, this will require a “fundamental shift” away from coal, The Washington Post reported.
Topic: Climate crisis
Prince William launches £50 million prize to find innovative solutions to the world’s greatest problems
The Earthshot Prize is centered around five “Earthshots,” simple but ambitious goals for our planet: 1) Protect and restore nature, 2) Clean our air, 3) Revive our oceans, 4) Build a waste-free world, and 5) Fix our climate.
Investors worth $5 trillion set major emissions reduction targets
Thirty of the world’s largest investors – including Allianz, the Church of England, and the California Public Employees’ Retirement System – have now set a goal to reduce emissions by 16 to 29% of 2019 levels by 2025.
JPMorgan Chase, world’s biggest funder of fossil fuels, commits to “Paris-aligned” financing
JPMorgan Chase has reportedly committed to push its clients to align with the goals of the Paris Agreement and work towards global net-zero emissions by 2050.
Australian scientists create seaweed supplement for cows that reduces methane emissions by 80%
If only 10% of global cattle herds consumed the supplement, created by FutureFeed Ltd, it would be the same as taking 50 million cars off the roadways.
Overwhelming number of U.S. voters support climate action
According to The Guardian, “Seven in 10 voters support government action to address climate change, with three-quarters wanting the US to generate all of its electricity from renewable sources such as solar and wind within 15 years.
Young Republicans push GOP on climate change
A recent Pew Research Center survey shows Republicans 18 to 39 years old are more concerned about the climate than their elders. By a nearly two-to-one margin they are more likely to agree that “the federal government is doing too little to reduce the effects of climate change.”
Norway kickstarts one of the world’s largest carbon storage projects
The project — named Longship after the vessels built by the Vikings — will store CO2 captured from a cement plant in southern Norway and an incineration plant operating in Oslo. The greenhouse gas will be pumped down in a reservoir built undersea on the west coast of Norway specifically for this purpose.
Walmart aims for zero emissions by 2040 without buying offsets
To reach zero emissions without carbon offsets, Walmart says it will power its facilities with 100 percent renewable energy by 2035 while introducing zero-emission vehicles for all of its fleet, including long haul trucks by 2040.
China, top global emitter, aims to go carbon-neutral by 2060
Citing the Paris Agreement that he and former U.S. President Barack Obama helped forge in 2015, Chinese President Xi Jinping said his country would raise its emissions reduction targets. “We aim to have CO2 emissions peak before 2030 and achieve carbon neutrality before 2060,” he said.