Friday, 21 February 2025

Focus on Climate

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. THE CANADIAN PRESS/AP-Evan Vucci
ElectionsEmissionsEnvironmentFuelNatural GasNewsOilTrade

Tariffs, deportations and ‘drill, baby, drill’: What to watch for as Trump returns

The looming threat of devastating tariffs slapped against Canada hangs over Trump's return to the White House on Monday.

Sheep graze on a solar farm owned by SB Energy on Tuesday, Dec. 17, 2024, in Buckholts, Texas. (AP Photo/Ashley Landis)
ElectricityEnvironmentNatural GasNewsSolarWind

Solar farms are booming in the US and putting thousands of hungry sheep to work

The booming solar industry has found an unlikely mascot in sheep as large-scale solar farms crop up across the U.S.

A Canadian flag gracefully blowing in the wind against a clear blue sky, showcasing its red maple leaf and white background.
BusinessClimate FinanceElectionsEmissionsEnvironmentNewsUnited Nations

Four of Canada’s biggest banks leave climate alliance

The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.

The sun sets behind an oil drilling rig in Prudhoe Bay, Alaska on March 17, 2011.  REUTERS/Lucas Jackson/File Photo
CourtsEnvironmentMiningNatural GasNewsOilPolitics

Republican-led states sue Biden administration over offshore drilling ban

Republican-led states sue over Biden's ban on new offshore oil and gas projects along most U.S. coastlines.

Flames and smoke from a fire fill the sky at the Moss Landing Power Plant Thursday Jan. 16, 2025 in Moss Landing, Calif. (Shmuel Thaler /The Santa Cruz Sentinel via AP)
Electric Vehicles (EVs)ElectricityEnvironmentNewsSolarWind

A battery plant fire in California started during a boom for energy storage

A major California battery plant fire burned thousands of lithium batteries, a growing renewable energy source.

FILE PHOTO: A coat of arms is seen on one of the original Bank of Montreal (BMO) buildings in Toronto, Ontario, Canada June 1, 2021.  REUTERS/Chris Helgren/File Photo
ClimateFinanceNewsPolitics

BMO becomes first Canadian bank to withdraw from Net-Zero Banking Alliance

BMO becomes the first Canadian bank to exit the NZBA, following similar moves by major U.S. lenders under political pressure.

FILE PHOTO: The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo
ClimateFinanceNewsPolitics

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.

FILE PHOTO: A specialist trader works at the post where BlackRock is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022.  REUTERS/Brendan McDermid/File Photo
ClimateCourtsNews

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.

FILE PHOTO: Charmin toilet paper, a brand owned by Procter & Gamble, is seen for sale in a store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew Kelly/File Photo
ClimateCourtsEmissions MarketsNews

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.

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