Good News Notes: “Long duration energy storage has yet to make a significant dent in the global energy profile. To date, the only widespread form of storage technology that can last longer than a few hours is the century-old “water battery,” in the form of hydropower reservoirs and their cousins, pumped hydro reservoirs. On the plus side, hydropower dams and…
Tag: low-carbon economy
University of Toronto endowment to eliminate fossil-fuel investments
Good News Notes: “The University of Toronto will eliminate fossil-fuel companies from its endowment fund, beginning immediately, according to a news release issued Wednesday. The University of Toronto Asset Management Corp., the investment manager of the C$4 billion ($3.2 billion) endowment fund, said in the release it will divest all direct investments in fossil-fuel firms…
The LEGO Group commits to reducing carbon emissions by 37 per cent by 2032
Good News Notes: “The LEGO Group has committed to reducing its absolute carbon emissions by 37 per cent by 2032 – a target that has been approved by the Science Based Target initiative. The goal is consistent with levels required to keep global warming below 1.5 degrees, and is recognised as the most ambitious goal…