Focus on Politics
New Mexico studies oil drilling restrictions that would hit output, revenue
New Mexico's proposed drilling restrictions could cut 5.4 per cent of future oil output, causing billions in lost revenue, report says.
France’s Danone cuts out Brazilian soy ahead of tough new EU rules
French food giant Danone has stopped sourcing its soy from Brazil ahead of EU regulations designed to counter deforestation.
World Bank gears up to launch debut debt-for-development swap, treasurer says
Debt swaps have grown in popularity, especially where funds saved are used for environmental projects, so-called debt-for-nature swaps.
Morgan Stanley lowers climate target, warns on sluggish transition
Morgan Stanley has adjusted its lending strategy to align with capping global warming at 1.5 to 1.7°C, moving away from its previous strict...
Trump hates Biden’s climate law. His allies are making money from it
Donald Trump promises to cut Biden's climate subsidies if elected. Yet many of his allies benefit from them through clean energy investments.
UK court dismisses challenge to Britain’s climate change plan
London's High Court ruled the UK's new climate adaptation strategy lawful, dismissing a major challenge from environmental activists.
After sundown: India must ramp up wind energy capacity to meet electricity demand
Ember: Wind energy can play a critical role in India's energy transition, particularly for its complementary role with solar power after sunset.
EU, China agree to more talks on potential alternatives to EV tariffs
The EU and China will soon hold more talks on alternatives to EV tariffs, but significant gaps remain, the EU Commission said.
Future of UN climate dialogue threatened by budget shortfall
The UN's climate body faces a €57M budget shortfall for 2024, risking climate talks as key donors delay contributions.
