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Symbolic move indicates growing resistance to Trump administration’s payments to stop such projects
Executive Summary The Environmental, Social, and Governance (“ESG”) framework, once a dominant feature across corporate governance and sustainable finance, has declined in prominence, retreating from both corporate disclosures and investor focus. This report quantifies that retreat through two lenses: (1) the elimination and re-branding of ESG terminology in S&P 500 and Fortune 1000 DEF 14A […]
Recent changes by the Science Based Targets initiative mean that companies can spread their emissions reductions over a longer horizon
The post SBTi updates rules to allow less ambitious near-term targets appeared first on Corporate Knights.
Poland’s nationalist President Karol Nawrocki said he wanted to call a referendum on European Union climate policy in a move that’s bound to create fresh tensions with the pro-EU government and with Brussels.
China and the European Union have joined forces in a bid to create a global alliance on carbon pricing, putting them at odds with the Trump administration’s push to invest more in fossil fuels.
The green technology has become more valuable as solar power goes mainstream.
Professor Emily Grubert joins the Zero podcast to discuss the difficulty of maintaining fossil-fuel supplies while clean energy is ramped up.
Oil firm seeks to reduce stake in carbon capture and storage projects in north-east of England after schemes fail to win over shareholdersBP plans to sell stakes in two flagship carbon capture and storage projects in the north-east of England as the company continues to retreat from the green agenda.The oil company hopes to reduce its share in the Net Zero Teesside (NZT) project, which aims to develop the UK’s first gas power plant to be fitted with a controversial carbon capture system to remove its emissions. Continue reading...
Windfall profits could lock in Trump-era political wins for the industry and slow clean-energy transitionThe billions in profits big oil is reaping due to the Iran war may stymie the energy transition, experts and advocates fear, incentivizing oil and gas expansion and boosting the sector’s funds for political lobbying.“Windfall profits from Trump’s war will allow big oil to build a wall of money around its Trump-era political victories,” said Lukas Shankar-Ross, a deputy director at the green group Friends of the Earth. Continue reading...
As Trump ramps up pressure by cutting off fuel to the island, Havana’s refuse is rarely collected, forcing residents to burn it in the streets despite the pollutionAs thick smoke spread through the narrow streets of Havana, seeping into homes, schools and shops, Carlos Blanco, a chef, opened his bedroom window to see what was going on. “I saw a mist. But it wasn’t mist – it was smoke,” he says, describing the toxic smog emanating from a smouldering mountain of rubbish.As the US oil blockade on Cuba enters its fourth month, choking off most of the island’s fuel supplies, growing mounds of waste lie on street corners across Havana. Amid fuel scarcity, authorities have opted to ration petrol by reducing waste collection, leaving less than half of Havana’s rubbish trucks operational. Continue reading...
There will still be a need to have gas in the wings to keep the lights on, so the financials stack up on Severn plant purchaseThe eye-catching non-Hormuz news in energy-land last month was that Great Britain is set for a record-breaking summer for wind and solar power generation. The national energy system operator even thought there could be periods – a sunny weekend or a bank holiday afternoon of low demand, for example – when more renewable power would be available than the electricity grid needed.So, on the face of it, it is an odd moment for Centrica, the owner of British Gas, to fork out £370m to buy a 16-year-old combined-cycle gas turbine plant in south Wales. After all, the government’s clean power plan imagines that, come 2030, Great Britain’s entire fleet of gas plants will be used to generate only 5% of its electricity, down from 31.5% in 2025. Continue reading...
More miles of the country’s rivers were reconnected last year thanks to dam removals than at any other time in history.
Sources like wind and solar can now deliver continuous power, according to a new report. And, they’re often a bargain compared with fossil fuels.
