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Less conversation, more action: How many countries have made pledges to get to net zero emissions?

Less conversation, more action: How many countries have made pledges to get to net zero emissions?

This week the International Energy Agency put out a comprehensive report on the steps and actions needed for the world to get to net-zero emissions by 2050.

Among the many charts and hopeful projections about solar installations, electric vehicles, bio-energy and coal shutdowns one piece of data struck us as particularly important - which we've reproduced in the chart above. That is, for all of the countries that have been talking a big game on climate change, how many have actually already passed legislation to go for net-zero? The answer is only 10.

That was surprisingly low, but the good news is that more countries look set to follow. In fact, another 34 countries have pledged to shoot for net zero, even if it's not yet been enshrined legally. Overall the countries that have made some kind of pledge account for more than 70% of global CO2 emissions.

For more information on the specifics of how we get to net zero by 2050 we highly recommend checking out the full report from the International Energy Agency.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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