Focus on Business
Lloyd’s of London must stop supporting fossil fuel expansion, says NGO
The Lloyd's of London market is undermining climate action and should impose binding rules to prevent insurers supporting fossil fuel expansion, NGO Reclaim...
‘Carbon contracts for difference’ are not a silver bullet for climate action
Canadian climate policies appear fragile — could carbon contracts for difference secure long-term climate action and investments?
Geopolitical conflict could cost global economy $14.5T over 5 years
Geopolitical conflict is one of the greatest threats to the resources needed for a resilient economy, say Lloyds of London.
Daimler Truck Q3 sales drop 11%, dragged down by Mercedes brand, Asia
The world's biggest truckmaker delivered 114,917 units in July through September, versus 128,861 in the same period last year.
Rio Tinto to join lithium big leagues with $6.7 billion Arcadium buy
Rio Tinto, the world's largest producer of iron ore, is shifting to process high-end, low-carbon materials for the energy transition.
Can carbon credits help close coal plants?
A Philippine coal plant could close early by converting to renewables, funded through carbon credits to cut emissions.
Woodside completes $1.2 billion Tellurian acquisition
Woodside Energy said on Wednesday it has completed the acquisition of U.S. liquefied natural gas developer Tellurian, including its U.S. Gulf Coast LNG...
North East of Scotland must become ‘powerhouse of renewables revolution’: John Swinney
The First Minister will tell a renewables conference how the North East of Scotland must be “the powerhouse of the renewables revolution”.
Papua New Guinea, IMF reach staff-level deal to release $265 million for climate change
Papua New Guinea and IMF reach a $265M staff-level deal to boost climate resilience, pending executive board approval.
