Major UK Asset Manager Divests from Insurer AIG over Climate Policies June 15, 2021 By Alastair Marsh Legal & General Investment Management will sell holdings in four companies including U.S insurer American International Group Inc. after deeming...
Keystone XL Oil Pipeline Is Terminated After Years of Climate Activism June 11, 2021 By Jennifer A. Dlouhy TC Energy Corp. has ended its 16-year quest to build the Keystone XL oil pipeline, a controversial cross-border project that...
Climate Change Protesters Set Off Stink Bomb at Lloyd’s of London in Ongoing Activism June 2, 2021 By L.S. Howard Climate change protesters continued their focus on Lloyd’s as a major insurer of the fossil fuel industry by setting off...
Bank of England Plans to Nudge Companies to Cut Greenhouse Gas Emissions May 24, 2021 By David Milliken LONDON – The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of...
Warming Arctic Permafrost Will Make It Harder to Curb Climate Change: Study May 18, 2021 By Timothy Gardner The warming Arctic tundra will make it harder for the world to curb climate change, as thawing permafrost and wildfires...
Pennsylvania Takes Next Step to Start Carbon Emissions Caps in 2022 May 7, 2021 By Marc Levy Pennsylvania Governor Tom Wolf’s administration on Tuesday solidified its intention to begin imposing a price on greenhouse gas emissions from...
Insurers, Other Financial Firms Lag in Climate Disclosure for Investors April 28, 2021 By Simon Jessop and Ross Kerber The world’s banks, asset managers and insurers should provide more information to investors about the greenhouse gas emissions from the...
Climate Change Activists Protest at Lloyd’s of London, Dumping a Load of ‘Coal’ April 23, 2021 By L.S. Howard Lloyd’s of London was the focus of climate change activists on Friday, when a group called “Insurance Rebellion” used a...
‘Insure Our Future’ Pressures Lloyd’s to ‘Immediately Stop’ Insuring Fossil Fuel Projects April 15, 2021 By L.S. Howard Insure our Future, the anti-fossil-fuel campaign group, is pressuring Lloyd’s to immediately stop insuring coal and new oil and gas...
Russia Vulnerable to Climate Change, Causing Expensive Natural Disasters April 14, 2021 By Olga Tanas and Dina Khrennikova The residents of Irkutsk, one of Russia’s coldest regions, are used to harsh winters. But when the temperature dropped to...