Pilita Clark: Get ready for a net zero business backlash

Catherine McKenna, Canada’s former environment minister, told Cop27 that too many pledges were “little more than empty slogans and hype”. She chairs a group of experts the UN appointed to assess the mushrooming net zero promises from companies, cities and regions.And a bracing report the group released at Cop27 concluded “dishonest climate accounting” had to stop. That meant companies could not claim to be net zero while continuing to build or finance new supplies of fossil fuels.

This advice is in line with the need to nearly halve global emissions by 2030 to meet the Paris agreement’s goal to keep temperatures at safer levels. So it was widely applauded at Cop27, with one vivid exception. A lot of business executives were incensed. Some, especially those from the US, were used to hearing their net zero plans branded too weak or too harsh and “woke” or too legally fraught .

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

New rules will force 12,000 homes out of short lets market, Minister saysAbout 12,000 homes will be forced from the short-term lettings market under new rules that will introduce sanctions for those who fail to comply, Minister for Tourism Catherine Martin has said When will they learn that short term letting has key advantages for owners! i.e Regular use & access to their property! It is not an alternative to renting, it is an alternative to the properties under use!! Renting in many cases, is not an acceptable option for such owners! For the price of EamonRyan €1.5 million house in Clonskeagh, you could sure build a lot of social affordable houses! greenparty_ie There won’t a single bed left in the country for a tourist.
Source: IrishTimes - 🏆 3. / 98 Read more »

ECJ ruling on company ownership branded a ‘setback’ in fight against crimeEuropean court rules disclosure of beneficial owners’ identities is a ‘serious interference’ in privacy rights
Source: IrishTimes - 🏆 3. / 98 Read more »