Climate Now
Updates to the GHG protocol: Scope 1, 2, 3 and more?
Feb 20, 2023
Discover how over a third of major companies are pursuing net-zero commitments, and the crucial role of cleanly sourced electricity. Delve into the booming electric vehicle market and the impact of pivotal policies, like the EU's ban on gas vehicles. Learn about carbon capture technology's importance for tough-to-decarbonize industries. Uncover the evolution of the Greenhouse Gas Protocol to enhance clean energy investment and improve carbon accounting practices.
29:53
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Quick takeaways
- The significant rise in renewable energy deployment, driven by favorable market conditions and regulatory support, is crucial for achieving net-zero commitments.
- The ongoing review of the Greenhouse Gas Protocol aims to update emission assessment methods, ensuring companies can effectively adapt to modern clean energy practices.
Deep dives
Renewable Energy Growth and Market Trends
The recent trends indicate a significant rise in the deployment of renewable energy resources, particularly solar, which is projected to increase by six to seven times over the next decade. This growth is largely stimulated by favorable market conditions and the Inflation Reduction Act (IRA), driving more investments and public interest in renewable technologies. The success of Next Tracker’s initial public offering (IPO), raising $628 million, highlights the increasing investor confidence in climate technology. However, contrasting developments, such as the struggles faced by Landsat's SPAC, reflect a cooling SPAC market and the challenges surrounding the commercialization of new clean technologies.
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