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As the financial system gears up for the COP26 UN climate summit in November, leaders of financial institutions will need to know the answer to two questions: what is your temperature score and how will you bring it down to 1.5°C as soon as possible? Nick Robins looks at the progress being made. Read more

Analysis by researcher Lutz Sager puts a ‘carbon dioxide cost’ on household consumption by adding up the emissions that can be attributed to the goods, services and energy that households in the United States buy in a year and compares households with different incomes. Sager’s results show that the 10% of households with the highest income had an average annual carbon footprint of 59.4 metric tons of carbon dioxide per household in 2009 – more than three times as much as the 10% of households with the lowest income. Read more

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