The U.S. Securities and Exchange Commission (SEC) plans to propose its landmark climate risk rule as early as Wednesday, March 16, said two people familiar with the agency’s planning. One of the people, who spoke anonymously about private agency plans, …
A federal judge on Friday blocked for now the Biden administration from restoring Obama-era values for calculating the cost of climate change in the government’s permitting, investment and regulatory decisions. The preliminary ruling by a U.S. District Court judge in …
Some of the world’s biggest companies have made climate targets that will have only a limited impact on their actual greenhouse gas emissions, a report has found. A study of 25 of the world’s largest companies, the Corporate Climate Responsibility …
A group of the world’s biggest insurers and reinsurers jointly pledging to eliminate greenhouse gas emissions from their underwriting activities have run into an unexpected opponent of their planet-friendly mission: competition law. The Net-Zero Insurance Alliance, which counts AXA SA, …
COPENHAGEN – Container shipping giant A.P. Moller-Maersk now plans to achieve net zero emissions in its business by 2040, a decade earlier than previously announced, on the back of rising customer demand for green transportation and technical leaps. With about …
The Dutch wing of environmental group Friends of the Earth, which won a landmark court case against Royal Dutch Shell last year, demanded 30 corporations publish plans for big cuts in greenhouse gas emissions in a campaign launched on Thursday. …
The United States staggered through a steady onslaught of deadly billion-dollar weather and climate disasters in an extra hot 2021, while the nation’s greenhouse gas emissions last year jumped 6% because of surges in coal and long-haul trucking, putting America …
Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say. Shipping, which transports about 90% of world trade and accounts …
MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels. The Carmichael mine in outback …
Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon emissions from global shipping as pressure builds on the sector to go fully green. Last month countries including the United …
