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...Experts warn countries are already falling behind on the earlier Paris Agreement to limit global warming to 1.5C above pre-industrial levels....
...Another factor was falling industrial production in Germany, which had the biggest emissions decline among the 10 biggest EU economies....
...The level of carbon dioxide in the atmosphere is already 50 per cent higher than before the industrial revolution, and has been continuing to rise at a steady clip in recent years....
...The environmental impact of all these garments, often richly laced with industrial chemicals, is severe for local ecosystems when they are dumped in their billions....
.... — Simon Mundy Carbon markets Is carbon the next big opportunity for commodity investors?...
...Simon Mundy is editor of the FT’s Moral Money newsletter and author of the book Race for Tomorrow (HarperCollins)...
...There are limits to what industrial policy can do to redress this imbalance....
...Another example is Nippon Steel, which is involved in green industrial processes and carbon removal projects....
.... — Simon Mundy COP28 in brief: Sixty-three countries joined a pledge to reduce emissions from “cooling”, including refrigeration and air conditioning....
...An hour or so after the final text was agreed, I spoke to Simon Mundy, who was still at the conference centre in Dubai....
...Boeing referred questions about the aircraft involved in Sunday’s incident to Southwest, which said its maintenance teams were reviewing the aircraft....
...Read on. — Simon Mundy Thermal battery sector starts to heat up Transport an 18th-century English factory owner into a modern manufacturing plant, and he might be bewildered by the profusion of robots...
...(Simon Mundy) Smart read Kenza Bryan digs into the push for transparency in the ESG ratings sector, in this deeply reported FT Big Read....
...(Simon Mundy) Can natural enzymes help companies improve their sustainability?...
...But officials had expressed concerns that company vehicle purchases and maintenance costs were being deducted from corporate operating profits as expenses, reducing their tax exposure....
...And that electrochemical storage arena is going to be one of the cornerstones of the global industrial and technological landscape for the next 100 years....
...Nexter, the French part of KNDS, said it had been in discussions to find a local partner since September to “bring maintenance and eventually production” closer to the front lines....
...In addition to the dozen planes, the Rafale deal will include auxiliary systems, training and maintenance....
...Defence company Babcock International has secured a £750mn UK government contract for a major infrastructure upgrade at the Devonport naval base to support the maintenance of Britain’s nuclear submarine...
.... — Simon Mundy Can EV sales sustain ‘clear exponential growth’? Tucked in Brooklyn’s edgy East Williamsburg neighbourhood there is now a Rivian service centre....
...Motor-vehicle maintenance and repair costs, which feed into insurance costs for obvious reasons, are up 6.5 per cent in a year, and 0.8 per cent for January....
...Many of Gupta’s blast furnaces have been idled, while a lack of readily available capital has led to the suspension of basic maintenance, according to the unions....
...The FAA said that following additional maintenance inspections by some 737-900ER operators of the door plugs on their aircraft after the Alaska accident, they had “noted findings with bolts”....
...The FAA ordered the model grounded until extensive inspections and maintenance took place. The halt to increased Max production will impede Boeing’s plans for the narrow-body jet....
...In the meantime, the occupier is responsible for all repairs and maintenance....
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