Focus on Climate
Federal Reserve withdraws from global regulatory climate change group
The Federal Reserve exits global climate risk group NGFS, citing its scope as beyond the Fed's statutory mandate.
Tennessee Attorney General settles ESG dispute with BlackRock
Tennessee and BlackRock settle ESG dispute; BlackRock agrees to increased proxy voting disclosures and third-party audits.
Procter & Gamble accused of ‘greenwashing’ in Charmin toilet paper, lawsuit says
Procter & Gamble faces lawsuit over alleged greenwashing in Charmin toilet paper sourcing from Canada's boreal forest.
Indonesia plans to offer carbon credit certificates to foreign buyers next week
Indonesia to launch carbon credits for global buyers on Jan. 20, aiming to boost funds for 2050 net-zero targets.
2024 saw fastest-ever annual rise in CO2 levels: UK weather service
Atmospheric CO2 surged at record rates in 2024, driven by fossil fuels, wildfires, and weakening carbon sinks, says Met Office.
At aviation meeting, ESG takes backseat to jet shortages
Dublin's air finance summit sidestepped sustainability amid parts shortages, stoking fears of “ESG fatigue” in aviation.
Biden administration moves to protect more of Alaska refuge from drilling
Biden moves to protect more of Alaska's ANWR from drilling, complicating Trump's pro-oil development plans.
Insurance access for US homeowners with higher climate risks declines
Homeowners in areas with the highest climate-related risks saw declining access to insurance, a Treasury Department report said.
Bessent: Carbon tariffs could be part of an overall tariff program
"It’s a very interesting idea that could be part of an entire tariff program," Bessent told the Senate Finance Commmittee,
Trump’s pick to lead EPA says agency authorized, not required to regulate CO2
Zeldin, Trump’s EPA pick, calls climate change real but says agency is authorized, not required, to regulate CO2.
