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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The production of aluminium, copper and high-grade iron ore will play a part in the transition to a low carbon economy.

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Polestar announces goal of climate-neutral car by 2030

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Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. The Polestar 0 project will drive a ‘design towards zero’ focus by eliminating emissions rather than offsetting by planting trees. Offsetting is a cop-out. Polestar 2.

Climate 389
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California and China expand partnership on climate change

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and China’s top climate official, National Development and Reform Commission (NDRC) Vice Chairman Xie Zhenhua, signed an agreement on climate change—the first between the NDRC and a subnational entity. The NDRC oversees China’s efforts to address climate change and much of the government’s economic strategy.

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. The six key components are: 1.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Nine states and DC to design regional approach to cap greenhouse gas emissions from transportation

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All the participating jurisdictions are members of the Transportation and Climate Initiative (TCI), a regional collaboration of Northeast and Mid-Atlantic states and the District of Columbia that seeks to improve transportation, develop the clean energy economy, and reduce carbon emissions from the transportation sector.

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Scripps Oceanography selects Glosten to design new California coastal hydrogen-hybrid research vessel

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The design is scaled so the ship will be able to operate 75% of its missions entirely using hydrogen. With this selection, Glosten will provide the preliminary design, contract design, and detailed design for the research vessel to be operated by Scripps Oceanography.