173 countries agree to slash shipping industry emissions in historic deal

April 13, 2018 by  
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Shipping was the sole industry excluded from the 2015 Paris Agreement , even though the sector’s annual carbon emissions are higher than those of Germany  — and countries now plan to address that. 173 nations just agreed to a historic, mandatory deal to slash shipping industry emissions . Related: World’s first autonomous shipping company launched in Norway One week of negotiations at an International Maritime Organization (IMO) meeting in London yielded this landmark deal. Envoys of 173 countries agreed to reduce emissions at least 50 percent from 2008 levels by 2050. Russia, Saudi Arabia, and the United States objected. Shipping vessels tend to burn fuel oil, which is cheap but also one of the dirtiest fossil fuels . According to Bloomberg , the industry didn’t factor into the Paris agreement because each participating country presented its own plans to curb emissions, excluding the seas. University College London Energy Institute reader Tristan Smith told Bloomberg, “It is likely this target will tighten further, but even with the lowest level of ambition, the shipping industry will require rapid technological changes.” BREAKING: Commitment to decarbonise shipping is welcome – governments can no longer shirk decisions on how to cut ship GHG emissions https://t.co/7Bh4pWIO04 pic.twitter.com/mEp3t36zSM — Transport & Environment (@transenv) April 13, 2018 “Making new ships emit less CO2 is the most obvious way to decarbonize the sector because ships have long lifetimes, usually around 25 to 30 years,” shipping officer Faig Abbasov of European NGO Transport & Environment told Bloomberg. “If you don’t build ships more efficiently, those ships will still be sailing around in the middle of the century.” As with the Paris Agreement , some people are saying this new deal doesn’t go far enough. A statement from the Clean Shipping Coalition (of which Transport & Environment is a member) said the target set “falls short of the 70 to 100 percent cut by 2050 that is needed to align shipping with the goals of the Paris Agreement.” Transport & Environment shipping director Bill Hemmings said, “The IMO should and could have gone a lot further but for the dogmatic opposition of some countries led by Brazil, Panama, Saudi Arabia. Scant attention was paid to US opposition.” + Clean Shipping Coalition Statement Via Bloomberg Images via Depositphotos ( 1 , 2 )

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173 countries agree to slash shipping industry emissions in historic deal

New 3 in 1 Roof solar tiles power your house for half the price of a Tesla roof

April 13, 2018 by  
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Tesla is getting all the attention when it comes to solar roofs , but some competitors out there are innovating in ways that even Elon Musk hasn’t thought of. 3 in 1 Roof , for instance, offers insulation, extreme wind protection and solar power, all in one. The solar roof system comes in a huge range of finishes, has a lighter load than traditional slate tiles, and is the first to claim zero heat transference into the attic – so it reduces your heating and cooling costs while providing you with clean, green energy. All at about half of the price of a Tesla solar roof. The Ft. Lauderdale-based company calculates that its offering will be about $11 less than Tesla’s solar roof per square foot. It’s also lighter than traditional slate roofing at just 110 pounds per 10 square feet, which means that architects can engineer homes with structures designed to support lighter loads. The roofs are designed to eliminate condensation between the attic deck and insulation, preventing mold and rot. The roofs are also hurricane resistant, standing up to winds at 200 mph. Related: Tesla’s new Solar Roof is actually cheaper than a normal roof Because of the highly UV-resistant surface and durable foam insulation, 3 in 1 Roofs should last 300% longer than traditional products and can save you up to 38% on your HVAC costs. If you want to nab one, the company is accepting $500 deposits and guarantees it will be ready for installation in 2019 – or you get your deposit, plus $500 back. You can also get a free car station charger if you are one of the first 1,000 to place an order. + 3 in 1 Roof

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New 3 in 1 Roof solar tiles power your house for half the price of a Tesla roof

IKEA, Marks & Spencer sign up to ambitious new sustainability goals

March 14, 2018 by  
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Supermarkets are committing to a raft of joint targets based on the United Nations Sustainable Development Goals.

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IKEA, Marks & Spencer sign up to ambitious new sustainability goals

Interface and Levi’s on what the fabric of sustainability feels like in 2030

March 14, 2018 by  
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Two corporate innovators share an ambition to solve plastic waste and other vexing problems.

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Interface and Levi’s on what the fabric of sustainability feels like in 2030

What do the SDGs mean for business now?

February 7, 2018 by  
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International Paper, JPMorgan Chase, Novozymes and Tata may not have a lot in common on the surface, but each company is determined to tackle key U.N. Global Goals.

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What do the SDGs mean for business now?

The World Bank will stop funding oil and gas projects after 2019

December 12, 2017 by  
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One of the world’s leading financial institutions just announced plans to stop financing oil and gas projects. Today at the One Planet Summit , the World Bank officially announced that it will quit financing upstream oil and gas after 2019. The announcement is part of their efforts to assist developing countries in meeting the goals of the Paris Accord . World Bank president Jim Yong Kim, together with French president Emmanuel Macron and United Nations Secretary-General Antonio Guterres, gathered world leaders at the One Planet Summit to work towards action on climate change . On the occasion, the World Bank Group made several announcements, the first of which was their decision to quit financing upstream oil and gas after 2019. Related: World’s largest sovereign wealth fund could ditch oil and gas stocks The move is meant to help developing nations move closer to Paris deal goals. There may be exceptions for some countries; the World Bank said, “In exceptional circumstances, consideration will be given to financing upstream gas in the poorest countries where there is a clear benefit in terms of energy access for the poor and the project fits within the countries’ Paris Agreement commitments.” In opening remarks , Kim called for incentives for change, such as “removing fossil fuel subsidies, introducing carbon pricing, increasing energy efficiency standards, and implementing auctions for lowest cost renewable energy .” He said, “Every day, climate change becomes a more urgent economic, social, and existential threat to all countries and all people. We need investments in the trillions – not billions – to have any hope of keeping the commitments we made here two years ago. That’s what this summit is all about.” The World Bank also said they’re on track to reach their goal of directing 28 percent of their lending towards climate action by 2020. They also think they’ll meet the targets of their Climate Change Action Plan, which seeks to assist developing countries in adding enough renewable energy to power 150 million houses , or 30 gigawatts. Via the World Bank Images via World Bank on Twitter and Jim Yong Kim on Twitter

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The World Bank will stop funding oil and gas projects after 2019

After the Paris exit, a call for citizen investors

June 5, 2017 by  
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We have the means to meet or exceed the goals of the Paris Agreement, and we don’t need Washington’s permission to do it.

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After the Paris exit, a call for citizen investors

The 2017 GreenBiz 30 Under 30

June 5, 2017 by  
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This year’s crop of young professionals from around the world are tackling the biggest sustainability challenges — inside companies, academe, media and the nonprofit sector.

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The 2017 GreenBiz 30 Under 30

30 Under 30, one year later: Acclaim, aspirations and advice for Trump

June 5, 2017 by  
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Despite a radical shift in the U.S. worldview, last year’s honorees are more determined than ever to uphold the cause of sustainable business.

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30 Under 30, one year later: Acclaim, aspirations and advice for Trump

Beyond beanbags: How to truly engage young sustainability professionals

June 5, 2017 by  
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Advice on nurturing next-gen leadership from a 2016 “30 Under 30” honoree.

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Beyond beanbags: How to truly engage young sustainability professionals

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