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Will UN Climate Talks in Azerbaijan Deliver on Finance and Emission Reductions? 

Union of Concerned Scientists

That’s because countries previously agreed under the Paris Agreement that, by the end of 2024, they would decide on the new quantum of climate finance for lower-income countries, building on the previous target of $100 billion/year. Here’s what’s on the agenda at COP29 in Baku, Azerbaijan, and why it matters.

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Reevaluating the Role of Fossil Gas in a Decarbonizing Grid

Union of Concerned Scientists

It’s worth delving into because it has some important implications for our clean energy future. Source: UCS Accelerating Clean Energy Ambition. But after the IRA incentives expire in the early 2030s, we see gas and coal generation rebounding and US heat-trapping emissions flattening out.

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Making Sense of the US-China Joint Glasgow Declaration

Legal Planet

China did not sign onto the global methane pledge to reduce methane emissions 30% by 2030 from 2020 levels, but in the joint declaration announced an intention to “develop a comprehensive and ambitious National Action Plan on methane, aiming to achieve a significant effect on methane emissions control and reductions in the 2020s.”

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Latest UN, IEA, WMO Climate Reports Show Global Emissions Dangerously High, Emergency Action Required

Union of Concerned Scientists

The 2022 UN NDC Synthesis report assesses the collective impact of emissions reduction pledges, known as nationally determined contributions (NDCs), that countries have submitted under the Paris Agreement. Energy investments, which accounted for just over 2% of global GDP annually between 2017 and 2021, rise to nearly 4% by 2030.

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The EIA Just Released a 30 Year Energy Outlook. It’s… Not Great

Union of Concerned Scientists

According to the forecast, while economy-wide CO 2 emissions decrease from 2022 to 2037 due primarily to the growth in renewable energy replacing retiring coal plants, emissions do increase after 2037 from increased usage of natural gas. Transformative change to our energy system is needed if we are to achieve net-zero emissions by 2050.

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Pittsburgh 2030 District Announces Significant Progress In Reducing Carbon Emissions - 44.8% From Baseline; Savings Of $59.7 Million In Utility Costs

PA Environment Daily

The Pittsburgh 2030 District , a project of the Green Building Alliance , has released its 2022 Progress Report , revealing District property partners have reduced carbon emissions by 44.8% This achievement moves the District within range of reaching its target goal of 50-65% reduction in carbon emissions before the 2030 deadline.

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Singapore Publishes Eligibility List Under the International Carbon Credit Framework

Clean Energy Law

The Eligibility List followed the signing of an inaugural Article 6 implementation agreement with Papua New Guinea on carbon credits cooperation. The Eligibility List for a given host country will be established under the corresponding implementation agreement.