Listed companies on track to cause nearly 3 degree climate 'chaos' - MSCI

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Equity index compiler MSCI said on Tuesday the world's listed companies were on a course to cause global warming of 2.9 degrees Celsius, well above a target to limit the worst effects of climate change on the planet.

Fewer than half of all global listed companies align with a 2 degree temperature increase, and only just over a tenth conform to the most ambitious 1.5 degree temperature rise scenario, MSCI said in its quarterly Net-Zero Tracker.

MSCI said listed firms needed immediately to begin reining in their carbon intensity by 8-10% annually until 2050 in order to limit temperature change to 1.5 degrees compared to the pre-industrial era.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Scientific bollocks.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Climate-Friendly Cement? California Takes On A High-Carbon IndustryUnder pressure from state lawmakers, the state's cement industry is gradually taking steps to reduce its carbon footprint. But experts say the industry is one of the most difficult to decarbonize.
Source: LAist - 🏆 606. / 51 Read more »

Climate-friendly cement? California takes on a high-carbon industryCement is difficult to tackle for two main reasons: Fossil fuels are still the main fuel source for kilns and cooking limestone naturally releases carbon dioxide.
Source: CalMatters - 🏆 261. / 63 Read more »