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WHAT'S NEXT?: Dealing with climate change over the next 15 years will require $6 trillion USD in annual investment. Organizations, large and small, will increasingly be pressured to deal with the effects of global climate change or face increased costs through not fully adopting sustainable policies. Instantly explore what’s changing and likely to impact your organization and how to mitigate the threat for the benefit of all mankind.

  • [New] The provisions in the IRA drive meaningful reductions in US greenhouse gas emissions, and at the same time, the IRA alone will not get the US on track to meeting its 2030 climate target of cutting emissions in half. Rhodium Group
  • [New] Jersey has committed to produce no more carbon dioxide - the most common greenhouse gas - than it can capture and store by 2050, in line with the 2015 Paris Agreement on Climate Change. Bailiwick Express
  • [New] The new government following the 'climate change election' and to 'save the Great Barrier Reef' is committed to reducing greenhouse gas emissions by 43% below 2005 levels by 2030, which is a 15 percentage point increase on Australia's previous 2030 target. Jennifer Marohasy
  • [New] The climate package as a whole could help put the U.S. on track to reduce greenhouse gas emissions by about 40% by 2030 compared to 2005 levels - still short of the Biden administration's goal of a 50% reduction, but closer. The Conversation
  • [New] The Inflation Reduction Act of 2022 will invest approximately $300 billion in deficit reduction and $369 billion in energy and climate change programs over the next ten years. PBS NewsHour
  • [New] Senate Democrats see the Inflation Reduction Act as a key method for advancing initiatives to fight climate change and reduce carbon emissions roughly 40% by 2030. Waste Dive
  • [New] Carbon neutrality by 2050 While eliminating fossil fuel burning is essential to halting climate change, a major interim strategy is to capture emissions of carbon dioxide - the main greenhouse gas - and store the gas underground or turn CO 2 into usable products. Berkeley News
  • [New] If passed, the Inflation Reduction Act will allocate $369 billion to fight climate change through investing in clean power, the future of transportation, sustainable & affordable housing, and more. EARTHDAY.ORG
  • [New] The climate provisions could produce by 2030 a 40% reduction in U.S. carbon emissions, a major contributor to climate change, and spur global action. The Spectrum
  • [New] The Inflation Reduction Act could reduce America's greenhouse gas emissions by approximately 40%, which would improve public health for millions of Americans and help America avoid the worst impacts of climate change. Data For Progress
  • [New] When told, for instance, that Democrats in the U.S. Senate just put forward a surprise $369 billion climate and energy package that promises to cut greenhouse gas emissions to 40% below 2005 levels by 2030, nearly half of Americans say they favor it, while less than a third say they are opposed. Yahoo News
  • [New] Carbon capture, utilization, and storage (CCUS) technologies will be critical to fighting climate change - but reaching targets will require CCUS to grow by a factor of 20 as soon as 2030. McKinsey & Company
  • [New] Ireland has committed to a 25% cut in greenhouse gas emissions from agriculture by 2030 after a bitter political battle between farmers, business groups and environmentalists. The Guardian
  • [New] The continent of 1.2 billion people, which represents 17% of the world's population, contributes less than 4% of global greenhouse gas emissions but suffers mightily from extreme weather events, which scientists have warned will become more frequent due to climate change. AP News
  • The United States' goal for reducing the greenhouse gas emissions that cause climate change is a 50% to 52% reduction from 2005 levels by 2030. phys.org
  • Humanity will likely need to cut greenhouse gas emissions by an additional 15 to 30 billion tons by 2030, compared with its current trajectory, to avert the worst impacts of climate change. The New York Times
  • Climate scientists overwhelmingly agree that carbon emissions from humans burning fossil fuels are heating the planet, raising the risk and severity of droughts, heatwaves, and other extreme weather events. Digital Journal
  • The IPCC is clear that avoiding the worst impacts of combating climate change will require both drastic emissions cuts and billion-tonne-per-year-scale removal of atmospheric carbon dioxide. Net Zero Atlantic
  • The Glasgow Climate Pact has reaffirmed efforts to limit global warming to 1.5 °C above pre-industrial levels, acknowledging the commitment of countries to reduce global carbon dioxide emissions by 45% by 2030 relative to 2010 levels. Brookings
  • Without Congressional climate change legislation to back up Biden's words, the United States will continue to be one of the world's largest emitters of greenhouse gases that cause global warming. thewhig
  • Banning fossil fuel exports and new coal and gas mines to try and reduce climate emissions will not stop global warming but would devastate the Australian economy. Change.org
  • The Inflation Reduction Act of 2022, which includes a raft of spending on climate and energy projects, deficit reduction, prescription drugs and health-care premiums, will help the U.S. slash carbon emissions by 40% by 2030. CTVNews

Last updated: 14 August 2022


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