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Tuesday 24 December 2024
Christmas Eve Edition: UK revisits 2030 petrol car phase-out, China sets ESG disclosure standards, EU launches flight emissions labels, and the U.S. invests $1.8B in carbon capture—while major deals and funding drive net-zero progress globally.
Susan Gonzales
December 24, 2024
24 Hours In Sustainability
Worldwide Highlights
China unveils its first set of (voluntary) basic standards for corporate sustainability (ESG) disclosure
Australia’s new targets for carbon emission cuts by 2035 are expected to be delayed by several months as a result of Donald Trump’s return to the White House
EU launches flight emissions labels for sustainable air travel - launching July 2025
The U.S. Department of Energy announces up to $1.8 billion for mid to large-scale Direct Air Capture (DAC) projects.
Net zero ‘crisis’ prompts £42bn merger talks between Honda and Nissan
Agrochemicals giant Syngenta signs a $4.5 billion sustainability-linked loan, Asia’s largest this year.
Houston's Fervo Energy secures $255 million in new funding to expand geothermal innovation
UK Highlights
Government has launched a consultation with industry on how to restore the 2030 phase out date for new purely petrol and diesel cars
The Daily Climate Sceptic
2025 was filled with AI-oriented sustainability news. For example:
But perhaps more scrutiny is required on the outrageous energy demands AI has
Long-Read of the Week
Looking for something to read over the break? Ever wondered the difference in carbon emissions between adding milk or not to your morning coffee?
It is eye opening how small daily choices make large cumulative impact.
 | “If you take your tea with milk, and you boil only the water you need, then the milk accounts for three quarters of the total footprint. The obvious way to slash the footprint of your tea is reduce the amount of milk, switch to soya or oat milk or drink black or herbal tea.” |
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Have a great Christmas break, see you on Friday 27th!
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Susan