Tokio Marine Launches Green Unit, Eyes $1 Billion Revenues by 2030 May 28, 2025 By Simon Jessop Japanese insurer Tokio Marine has set up a unit to insure activities linked to the low-carbon transition such as green...
Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal May 22, 2025 By Akshat Rathi and Coco Liu Climeworks AG is laying off 106 people, as startups that aim to reverse global warming face a reckoning with the...
Climate Goals Still Make Business Sense, Rio Tinto CEO Says February 21, 2025 By David Stringer Rio Tinto Group, the world’s second-largest mining company and a major polluter, came out in support of corporate efforts to...
New UK-Based Climate Group Emerges as Banks Retreat February 20, 2025 By Natasha White It was a dank, drizzly February evening when about 120 people gathered in the brightly lit art gallery of London’s...
Shell, Equinor, TotalEnergies Open CO2 Storage Facility in Norway September 26, 2024 By Nora Buli Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed...
Time to Retire ‘Hard to Abate’ as Climate Solutions Become More Affordable August 7, 2024 By Akshat Rathi Jargon often gets in the way of clearly understanding the climate challenge. While some technical terms such as “net zero”...
Nearly a Third of Carbon Credits Fail New Benchmark Test August 6, 2024 By Susanna Twidale Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve...
Right-Wing Political Tilt in Countries Across Globe Will Not Derail Climate Action July 2, 2024 By Simon Jessop, Susanna Twidale and Virginia Furness A political tilt to the right in Europe and a potential Trump presidency in the U.S. will not derail climate...
White House to Support New US Nuclear Power Plants May 30, 2024 By Nichola Groom and Trevor Hunnicutt The White House on Wednesday planned to announce new measures to support the development of new U.S. nuclear power plants,...
Markets/Coverages: Aon Offers Carbon Capture, Storage Insurance for Energy Transition May 17, 2024 Insurance broker Aon plc has developed a new insurance product designed for international transport and storage companies that are engaged...