Articles by John Ainger and Frances Schwartzkopff

EU Mounts Major Retreat From ESG Agenda Amid Fierce Backlash

The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that such rules are becoming a dead weight hampering EU efforts to compete with the US and Asia. The European Commission, …

EU Plans to Walk Back Key Planks of Toughest ESG Legislation

The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate …

EU Weighs Easing Corporate Liability Under Toughest ESG Law

The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG regulatory framework. The …

UN Climate Chief Warns of Looming ‘Trainwreck’ as 1.5C Warming Limit in Doubt

The world is on course to miss a target for cutting emissions this decade by an overwhelming amount, new UN analysis shows, meaning more dangerous global warming is likely. Total emissions of CO2 into the atmosphere in 2030 will only …

Europe Is Being Scorched and Flooded by Growing Climate Extremes

The European Union endured its joint-hottest year on record in 2023, according to new scientific analysis, pointing to a more perilous future for what is already the world’s fastest-warming continent. Europe experienced its largest wildfire on record last year, as …

Europe Faces 3C of Global Warming. Here’s How It Plans to Cope.

Europe will be 3C hotter even if the world succeeds in limiting global warming to 1.5C above pre-industrial levels, bringing with it the heightened peril of extreme weather and trillions of euros of damages to the economy. Such climactic hazards …

EU Lawmakers ‘Outraged’ After States Block Landmark ESG Law

A European Union law designed to clean up corporate supply chains has been derailed by the bloc’s biggest member states, forcing negotiators back to the drawing board on one of the most consequential pieces of ESG legislation ever attempted. The …

Europe’s Toughest ESG Rule Hits Wall of German Objections

The European Union’s most stringent ESG rule to date may be scuppered due to eleventh-hour German opposition to the plan. The EU was on track to move forward with the Corporate Sustainability Due Diligence Directive after December, when lawmakers and …

EU Spat Over Nuclear Energy Escalates as Key Vote Is Delayed

A key element of the European Union’s Green Deal package has been delayed after France, the bloc’s biggest supporter of nuclear power, said it won’t back a law to scale up renewable energy. Member-state officials had been due to endorse …

North Sea Nations to Develop Critical Infrastructure Security Pact

Security advisers from the North Sea nations agreed to work out a pact to jointly protect critical sub-sea gas pipelines and power cables, telecoms connections and wind farms. Several nations attending the North Sea Summit in Belgium on Monday will …