The insider memo for sustainability leaders in the commodities sector.
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Four misconceptions about the Ukraine crisis’ impact on energy supply chains; The SEC’s proposed climate rules highlight the Scope 3 emissions debate; Biden wants record $11 billion in Climate Aid to poor nations; and much more…
Welcome to the 82nd Edition of the Climate Memo by CarbonChain!
The new SEC climate disclosure proposal has illuminated the growing debate over Scope 3 emissions accountability. “The most important thing we can say about it is a majority of investors have asked for this information and asked for it on the record at the SEC,” said Munilla at Ceres.
President Joe Biden is asking Congress to dedicate $11 billion in taxpayer dollars to help other nations deploy clean energy and withstand the growing consequences of climate change – more than 10 times the amount lawmakers doled out to the effort in fiscal 2022.
TotalEnergies has unveiled an accelerated strategy to deal with its carbon emissions, with a more ambitious Scope 3 target. This Scope 3 emissions goal signals ambition as non-fossil fuel spending increases.
Climate activists still giddy from high-profile wins at US oil and gas producers such as ExxonMobil in the past year may be challenged to overcome the recent drumbeat for more production to counter sky-high fuel costs.