Wednesday, 7 May 2025

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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
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US House panel finds BlackRock, other asset managers leery of joining climate initiative

U.S. asset managers avoided climate initiatives fearing regulatory scrutiny, as GOP alleges a "climate cartel" collusion scheme.

FILE PHOTO: Dunes of low-grade coal are seen near a coal mine in Ruzhou, Henan province, China November 4, 2021. Picture taken November 4, 2021. REUTERS/Aly Song/File Photo
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China tightens rules to curb methane emissions from coal mines

Methane is a significantly more potent greenhouse gas than carbon dioxide.

Indonesia has pledged to phase out coal power in 15 years and reach net-zero emissions by mid-century (AFP)
AnalysisBiofuelsClimateCoalEconomyElectricityEmissionsEnvironmentGeothermalIndustryNuclear PowerPoliticsRegulationsUtilities

Indonesia’s new coal phase-out goal sets ‘daunting task’

Meeting Indonesia's pledge to phase out coal power is a daunting task that will require immediate and ambitious action, experts warn.

The island of New Guinea is home to the third-largest expanse of rainforest on the planet and has long been celebrated as one of the 'lungs of the Earth' (AFP)
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Papua New Guinea PM vows to return to UN climate talks

Papua New Guinea's prime minister promised to return to UN climate summits after boycotting this year's talks.

FILE PHOTO: A worker stacks steel pipes in the western Indian city of Ahmedabad November 4, 2014.  REUTERS/Amit Dave/File Photo
BusinessClimateCoalEconomyElectricityEmissionsEnvironmentIndustryManufacturingNewsPoliticsReports

India’s steel expansion could hinder net zero emission goal, GEM says

India's coal-driven steel expansion risks derailing its net-zero 2070 target, warns GEM, citing $187B in stranded assets.

Federal Environment Minister Steven Guilbeault announced plans Sunday to put $1 billion towards growing New Brunswick's clean electricity grid. Guilbeault speaks during a news conference, Wednesday, October 2, 2024 in Ottawa.  THE CANADIAN PRESS/Adrian Wyld
BiofuelsCoalElectricityIndigenousNewsNuclear PowerPoliticsRegulationsWind

Ottawa is set to spend more than $1 billion on growing N.B.’s clean electricity grid

Federal Environment Minister Steven Guilbeault says Ottawa will spend more than $1 billion on growing New Brunswick's clean electricity grid.

FILE PHOTO: Electric power transmission pylon miniatures and Duke Energy logo are seen in this illustration taken December 9, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
ClimateCoalElectricityEmissionsEnvironmentNatural GasNewsUtilities

North Carolina town files lawsuit against Duke Energy over climate crisis

Carrboro sues Duke Energy, alleging decades of climate deception, rising costs, and delays in the renewable energy shift.

FILE PHOTO: A view of Duke Energy’s Marshall Power Plant in Sherrills Ford, North Carolina, U.S. November 29, 2018.  REUTERS/Chris Keane/File Photo
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Duke pauses assessment of US energy loan program ahead of Trump administration

Duke Energy pauses U.S. infrastructure loan assessment, citing uncertainty over the future of IRA funding under Trump administration.

AnalysisCoalEconomyEfficiencyElectricityInfrastructureSolarStorageTransmissionUtilitiesWind

Australia’s electricity market is getting a big makeover – and these three changes will make it future-proof

Australia’s electricity market needs urgent reform to align with renewable energy and net-zero goals, doubling grid capacity for future needs.

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