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The marine shipping industry, responsible for about 3% of global GHG emissions, is under pressure to decarbonize following new targets from the EU and the IMO. The Clean Air Task Force (CATF) highlights that dual-fuel engines, which can run on conventional fuel as well as alternatives like methanol and ammonia, are becoming a standard design to provide flexibility over a ship's 30-plus-year lifespan. CATF's analysis indicates that ammonia-fueled ships could nearly fully decarbonize at a lower lifetime fuel cost than heavy fuel oil if carbon pricing is in place. To achieve these goals, the document recommends a clean marine fuel standard that mandates minimal upstream emissions, ensures safe bunkering, requires on-board pollution controls for gases like nitrous oxide, and uses economic incentives like a low carbon fuel standard to manage the higher costs of zero-emission fuels.

The Carlyle Group, a major private equity firm with US$382 billion in assets under management, is accused of maintaining a fossil fuel-heavy portfolio that contradicts its net-zero 2050 commitment. Research indicates Carlyle invests sixteen dollars in fossil fuels for every one dollar invested in renewable energy. A key example is Neptune Energy, a company co-founded by Carlyle that continues upstream oil and gas expansion, including in the Barents Sea. The document highlights that Carlyle's shareholders, including major asset managers like BlackRock and Amundi, overwhelmingly supported the re-election of board members at the most recent Annual General Meeting, thereby endorsing a strategy that lacks a public fossil fuel policy and fails to align with a 1.5°C pathway.

The Private Equity Stakeholder Project asserts that Global Infrastructure Partners (GIP) faces significant risks through its $3.5 billion investment and at least 46% ownership stake in the Rio Grande LNG Terminal. The document highlights financial risks stemming from volatile gas prices, rising costs, and a projected decline in global equity returns if funds fail to align with Paris Agreement goals. Environmentally, it claims the terminal could emit 163 million tons of carbon dioxide equivalent annually and may be more polluting than coal due to methane leakage. Socially, the project is opposed by the Carrizo Comecrudo Tribe of Texas, the city of Port Isabel, and other local councils in South Texas due to impacts on sacred land and local industries.

The report analyzes how the energy and transportation sectors drive air pollution in the U.S., noting that while the Clean Air Act has significantly reduced overall emissions since 1970, severe exposure disparities persist. It highlights that people of color and low-income populations are more likely to live in areas exceeding health standards, often near 'pollution hot spots' that current monitoring networks may miss. Through case studies in California, New Jersey, and Indiana, the document illustrates the specific health burdens—including asthma and cancer—borne by marginalized communities living near ports, incinerators, and coal plants.

The Electrical Utilities Criteria provide a framework for certifying entities and debt instruments based on their emissions intensity and transition pathways toward net-zero by 2040. The criteria distinguish between existing and new capacity, setting specific GHG thresholds for low-carbon technologies and phase-out dates for unabated fossil fuel plants. It also defines requirements for mitigation measures like CCS/CCUS and cofiring, as well as a comprehensive adaptation and resilience checklist to ensure infrastructure is robust against physical climate hazards.

The report outlines the development of certification criteria for electrical utilities to ensure their financing aligns with the Paris Agreement. It establishes a global emissions intensity transition pathway based on the IEA Net Zero Emissions (NZE) by 2050 scenario, targeting near-zero emissions for the power sector by 2040. The criteria distinguish between existing capacity, which must follow phase-out or retrofitting benchmarks, and new capacity, which must be low-carbon as no new fossil fuel plants are eligible. It also details specific thresholds for non-combustion emissions in hydropower, geothermal, and bioenergy, and sets requirements for decarbonization measures like Carbon Capture and Storage (CCS) and hydrogen co-firing.

The briefing reports a global pipeline of 917 mtpa in new LNG export capacity and 705 mtpa in import capacity, representing an estimated US$1 trillion investment. It warns that a wave of new projects coming online by the middle of the decade, primarily in the United States and Qatar, could lead to market saturation and unprofitable stranded assets. The report highlights that while Asia and Europe are the primary developers of import capacity, demand in these regions is uncertain due to decarbonization goals and price sensitivity. It further notes that many projects are already facing delays or cancellations, and that the buildout in the U.S. may conflict with national interests by raising domestic gas prices and increasing emissions.

The document analyzes hydrogen production methods, contrasting the high carbon intensity of fossil fuel-based routes—even those using carbon capture (CCUS)—with the lower impact of water-based electrolysis. It highlights a significant gap between current electrolyser manufacturing capacity and the targets required for the IEA's Net Zero Emissions by 2050 scenario. Reclaim Finance argues that financial support should be restricted to electrolytic hydrogen and prioritized for hard-to-abate sectors like ironmaking and shipping, rather than power storage or heating.

The document outlines how every phase of the offshore oil and gas lifecycle—exploration, production, transport, and decommissioning—adversely impacts small-scale fisheries. It highlights specific threats such as seismic noise reducing fish catches, well blowouts causing oil spills, and the creation of exclusion zones. Additionally, it links offshore fossil fuel activity to broader climate impacts like ocean acidification and sea level rise, which further jeopardize food production. The signatories urge the U.N. Special Rapporteur on the Right to Food to recommend that States conduct thorough impact assessments and suspend projects that deprive fisherfolk of their fundamental human rights.

The Clean Air Task Force (CATF) argues that low-carbon hydrogen is essential for decarbonizing hard-to-electrify sectors like heavy industry and long-haul transport. In Pennsylvania, the MACH2 and ARCH2 hubs represent diverse production strategies—renewable/nuclear and natural gas reforming, respectively. CATF emphasizes that for hydrogen to be truly climate-beneficial, electrolytic production must follow 'three pillars' of additionality, geography-matching, and temporal-matching, while fossil-based production requires high carbon capture rates and minimized methane leaks. The document highlights Pennsylvania's significant geologic storage potential for carbon capture but notes a lack of public subsurface data. It recommends greater transparency, inter-hub coordination, and deeper community engagement to maximize the program's climate and social benefits.

The briefing identifies four critical areas for COP28 success: adopting a transformational response to the Global Stocktake, accelerating systems transformation in energy, food, and cities, responding to severe climate impacts through the Loss and Damage Fund and adaptation frameworks, and delivering scaled climate finance to vulnerable nations.

The document argues that climate change is a health emergency in Canada, citing record-breaking heat and wildfires in 2023. It calls on the Minister of Health to lead decarbonization of the healthcare system, address fossil fuel pollution as a root cause of health harms, and implement the National Adaptation Strategy to protect vulnerable populations.

The Clean Air Task Force (CATF) reports that in 2022 it helped secure over $370 billion in clean energy funding and expanded its operations to 46 countries. Key achievements included supporting the Inflation Reduction Act in the U.S., advocating for carbon capture and storage strategies in Europe, and working to reduce global methane pollution and accelerate energy transformation in Africa.

The Climate Bonds Initiative argues that Japan's GX plan requires strengthening in several key areas to be truly 1.5°C-aligned. Key recommendations include prioritizing established renewable technologies, setting a clear phase-out date for unabated coal power by 2035, strictly limiting gas investments, and tightening standards for low-carbon hydrogen and ammonia. The report emphasizes that the success of Japan's planned 20 trillion yen GX Economic Transition Bonds depends on rigorous alignment with scientific pathways to mobilize private capital and avoid stranded assets.

The Climate Bonds Initiative evaluates Japan's GX Plan, noting that while it provides a solid foundation for transition finance, certain elements—specifically the reliance on ammonia co-firing and fossil gas—risk undermining its credibility. The report recommends prioritising mature renewable technologies, setting a clear phase-out date for unabated coal by 2035, and implementing a mandatory emissions trading system with a strong carbon price to ensure alignment with global 1.5°C goals.

The Great Lakes region remains the heartland of US steelmaking, but its primary production assets face a critical transition to avoid becoming noncompetitive as global demand for low-emissions steel grows. While federal legislation like the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA) provides significant funding and tax credits (such as 45V and 45Q), the report finds a lack of coordinated state-level industrial strategies. The document argues that the region must prioritize the adoption of Direct Reduced Iron (DRI) pathways—specifically those using renewable hydrogen or carbon capture—to maintain high-quality jobs and reduce local air pollution. Key bottlenecks include grid interconnection delays for renewable energy, the need for Class VI primacy for carbon sequestration, and a lack of steel-specific workforce retraining programs.

The report outlines the development of certification criteria for hydrogen assets, focusing on carbon intensity benchmarks, life-cycle assessment methodologies, and climate resilience requirements to align investments with the Paris Agreement's 1.5°C goal.

The document argues that current US federal standards for landfill methane are insufficient and proposes a two-pronged approach: enhancing the monitoring and capture of methane from waste already in place and reducing the disposal of organic materials. It highlights that landfill methane emissions may be underestimated by a factor of two and that 54% of reporting landfills have adjacent communities exceeding national averages for low-income or people of color populations. Proposed solutions include the use of satellites, drones, and continuous sensors for leak detection, the adoption of biocovers, and the diversion of food waste to composting or anaerobic digestion. The authors call on the EPA to implement more ambitious federal standards under the Clean Air Act during its 2024 review.

The briefing contends that current oil price benchmarks, such as WTI and Brent, fail to account for the varying greenhouse gas emissions intensities of the oils they comprise. It highlights that oils with similar quality and price can have climate footprints that differ by a factor of two to five, creating perverse incentives. By integrating data from the Oil Climate Index plus Gas (OCI+), the author suggests that the market could better incentivize emissions reductions and allow buyers to accurately account for supply chain emissions.

The report finds that The Carlyle Group invested in 91 energy companies owning 972 assets from 2011 to 2021, with 90 percent of both companies and assets being fossil fuel investments. These investments emitted an estimated 277 million metric tons of CO2e, with a compound annual growth rate of 95 percent. The analysis highlights a significant disparity between Carlyle's fossil fuel capacity (peaking at nearly 10,000 MW in 2021) and its renewable capacity (just over 1,300 MW). Furthermore, the report documents that 84 percent of Carlyle's current US downstream fossil fuel assets are located in areas with higher percentages of low-income residents and/or residents of color than state averages, and 47 percent of these plants have a record of environmental violations.