Climate
Four of Canada’s biggest banks leave climate alliance
The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.
Four of Canada’s biggest banks leave climate alliance
The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.
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.
LA public utility’s wildfire liability hinges on equipment’s role, Moody’s says
Moody's says LADWP's liability for the Palisades Fire hinges on equipment involvement; damage to assets deemed manageable.
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.
Alberta Energy Regulator lays nine charges against Imperial Oil for 2023 spill
Alberta charges Imperial Oil over 5.3M-litre toxic wastewater spill at Kearl site, citing environmental and reporting failures.
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.
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.
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.
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.
Global temperatures this year to rival 2024’s record-breaking heat: climate officials
Global temperatures in 2025 are forecasted to rival 2024's record-breaking heat, highlighting the urgency of climate action.
Four of Canada’s biggest banks leave climate alliance
The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.
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.
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.
Austrian far right, conservatives plan cuts to climate measures
The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.
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.
State auditor questions utility SoCal Edison’s fire risk modeling
Fire officials have not found SCE to be responsible for the fires, but the company's infrastructure is being investigated.
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
Wildfires in California affect the insurance business in Hawaii because insurance companies buy reinsurance — insurance for themselves.
Global temperatures this year to rival 2024’s record-breaking heat: climate officials
Global temperatures in 2025 are forecasted to rival 2024's record-breaking heat, highlighting the urgency of climate action.
California utility faces billions in claims for fire damage even if it did nothing wrong
California wildfire victims leverage "inverse condemnation" to hold Edison liable for fire damages, even without negligence.
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.
Nepal’s top court bars infrastructure in protected areas
After decades of rampant logging, Nepal also nearly doubled its forest cover between 1992 and 2016.
Alaska wildlife refuge drilling auction yields no bids, US says
The congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.
Alaska sues Biden administration over oil and gas leases in Arctic refuge
Alaska sues Biden administration over restrictions on Arctic refuge drilling, claiming violations of Congressional mandates.
Agency approves expanding Okefenokee wildlife refuge, setting up possible buyout of mining project
Federal agency approves 22,000-acre expansion of Okefenokee Swamp refuge, potentially blocking controversial mining project.
Hawaii lawmakers vow to stabilize property insurance market as climate change fuels higher premiums
Wildfires in California affect the insurance business in Hawaii because insurance companies buy reinsurance — insurance for themselves.
Edison utility sued over role of equipment in LA wildfires, Bloomberg News reports
Edison International faces a lawsuit over California wildfires, alleged to be sparked by its equipment, shares drop 13 per cent.
US insurers slump as Los Angeles wildfire loss estimates hit $20 billion
Insurers are expected to face catastrophe-related claims worth billions of dollars from the LA wildfires.
Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk
Southern California Edison cut power to over 110,000 customers amid wildfires threatening 30,000 homes in the Los Angeles area.
Agency approves expanding Okefenokee wildlife refuge, setting up possible buyout of mining project
Federal agency approves 22,000-acre expansion of Okefenokee Swamp refuge, potentially blocking controversial mining project.
EV startup Canoo files for bankruptcy, to cease operations
The EV startup has been facing rapid cash burn and a struggle to secure funding amid uncertain demand.
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.
US FTC finalizes consent order for $53 billion Chevron-Hess merger
The U.S. Federal Trade Commission approves a consent order to resolve antitrust issues in Chevron's $53B Hess takeover.
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.
LA public utility’s wildfire liability hinges on equipment’s role, Moody’s says
Moody's says LADWP's liability for the Palisades Fire hinges on equipment involvement; damage to assets deemed manageable.
Biden boosts loan for ioneer’s Nevada lithium mine to nearly $1 billion
The U.S. DOE finalized a $996M loan for ioneer’s Rhyolite Ridge lithium project, boosting domestic EV battery material supply.
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.
US clean energy tax subsidies to cost $825 billion over 10 years, CBO says
U.S. clean energy subsidies under Biden's Inflation Reduction Act to raise deficits by $825B over the next decade, CBO says.
Carmakers at India auto show unveil charging network plans, new EVs
India’s auto giants Maruti, Tata, and Hyundai unveiled plans at the New Delhi Auto Show to expand EV charging networks nationwide.
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.