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Your Climate Action Diary - 37

Year 2023 • Week 16 • Anushthatri Sharma
Hello,
 
Hope you are great !

As the climate conversation picks up; so does “Greenwashing”. 

Taking a tiny moment acknowledge the much needed effort against “Greenwashing”. We are covering this story in our newsletter this week.

I am sure you have come across some element of “Greenwashing” along your own personal climate journey. At its heart, it is the exaggeration (or sometimes outright mis-representation) of a company's environmental credentials. This is again not to suggest that ALL companies do this. But as an audience, it’s good for us to be aware (and dare, I say critical !). To be able identify companies that make the honest effort; while pulling out those that tend to “fake-it”.

Happy Reading :)
 

Harish, Team OnePointFive Tribe

UK Made Major Climate & Energy Announcements

The UK has recently made a series of announcements regarding its climate and energy policies, including a commitment to a 78% emissions reduction by 2035, the phasing out of coal-fired power plants, plans for new nuclear power plants and a ban on sales of new petrol and diesel cars by 2030. The government also announced funding for various green initiatives & plans to invest in low-carbon technologies.

Record Clean Power Growth In 2023 To Spark New Era Of Fossil Fuel Decline

A new report predicts, the rapid growth of clean energy sources, such as wind & solar power will lead to a decline in fossil fuel use in 2023. The report states that renewable energy will generate more electricity than coal & gas combined for the first time in history, prompting a new era of energy transition. This shift is expected to be driven by falling costs of clean energy technologies and ambitious climate goals set by govt.s & companies around the world.

Voluntary Carbon Market Proposes Regulations To Combat Greenwashing

A voluntary carbon market governance body has proposed regulations to address greenwashing, which occurs when companies misrepresent their carbon reduction efforts. The proposed rules include requiring third-party verification of carbon credits, promoting transparency in carbon offsetting, & establishing penalties for non-compliance. These regulations aim to increase credibility & accountability in the voluntary carbon market.

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