Big business 'sniffs' the green dollar at COP26

  • 📰 abcnews
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 83%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Climate change conferences were once the domain of scientists and bureaucrats. Now, they are increasingly attended by big business delegations eyeing off the 'green dollar'.

Climate change conferences, such as today's COP26, were once the domain of scientists and bureaucrats.

"The challenge with Australia's commitments and the promises we are taking to COP26 in Glasgow is that they don't give our economy any stability," he told 7.30. "We do view ourselves as a distributor of energy. Over time, we'll be distributing different forms of energy," Mr Halliday told 7.30.Australian fossil fuel supplier Ampol is turning some of its petrol stations to battery stations.

Critically, Ampol's plan will not deal with "scope 3" emissions — the emissions from customers burning their fuels — according to Richie Merzian."Companies will try and greenwash their way into only offsetting the emissions from scope 1 and 2, their domestic emissions," Mr Merzian told 7.30. In Australia, one in five carbon credits generated here could very well be hot air, according to new research byHowever, COP26 will see new commitments from some of the industries hardest to abate.Holcim is the world's largest cement and building material producer. It's also a member of US climate envoy John Kerry's First Movers Coalition, a group of emissions intensive industries attending COP26.

 

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

Well bugger me, ABC finally gets a headline correct

And that's it All about money and nothing about environment. And all the Greenies are too stupid to see it. There are solutions that work but no one cares

Just like the ruthless cowboys pushing wind farms on communities for the past decade or so. Get rich scheme for clever spivs.

You said it...subsidies

Of course they do. It’s all about the money 💰

They better sniff hard because US / UK / France combined stance at G20 has just been rejected. 'Embarrassing failure' is what it's been called.

mattjcan The_Nationals sounds like the lap dog of ScottMorrisonMP LiberalAus defending his BS today, yet he had nothing to say about '$4B fire recovery mitigation funding, it's earnt $700M in interest, and not much has been spent' KristyMcBain, debate that fact triplejHack.

The reset news the ABC is still unaware of...😆😆😆😅

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:

 /  🏆 5. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines

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

G20 offers little new on climate, leaving unfinished business for COP26The G20 major economies committed on Sunday to the key goal of limiting global warming to 1.5 degrees Celsius, but disappointed leaders warned more was needed to make a success of UN climate talks beginning in Glasgow. Free sandwiches, wine and cheese was had by all and their staff. Hotel stays. Most flew there via polluting jets. They've agree to a 20 year plan to acknowledge climate change Words will not stop climate change, only actions will. Governments of all persuasions will need to take practical steps otherwise nature will
Source: SBSNews - 🏆 3. / 89 Read more »