U.S. Confronted With Deadly Billion Dollar Disasters as Carbon Emissions Soar January 12, 2022 By Seth Borenstein The United States staggered through a steady onslaught of deadly billion-dollar weather and climate disasters in an extra hot 2021,...
Global Shipping Industry Faces Growing Pressure to Cut Greenhouse Gas Emissions December 28, 2021 By Jonathan Saul Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the...
Australia’s Adani Coal Mine Nears 1st Shipment, Despite Climate Activists’ Campaign December 27, 2021 By Sonali Paul MELBOURNE – India’s Adani Group is preparing to ship the first coal cargo from Australia’s most controversial mine, after battling...
Leading Marine Re/Insurers Join Push to Decarbonize Global Shipping December 15, 2021 Leading companies in the marine insurance industry have joined an initiative linking their underwriting activities with the cutting of carbon...
Life Soon Will Get a Lot Harder for Companies That Fail ESG Tests: Top Stock Owner December 8, 2021 By Lars Erik Taraldsen The chief executive of the world’s largest stock owner says life is about to get a lot harder for companies...
Fertilizer-Maker Yara to Debut World’s 1st Autonomous Electric Container Ship November 22, 2021 By Victoria Klesty OSLO – The world’s first fully electric and self-steering container ship, owned by fertilizer maker Yara, is preparing to navigate...
India Shuts 5 Coal-Fired Power Plants to Combat Air Pollution in New Delhi November 17, 2021 By Neha Arora and Mayank Bhardwaj NEW DELHI—India has temporarily shut down five coal-fired power plants around the capital New Delhi as part of its drive...
Insurers to Hike Private Market Investments; Environmental Focus Grows: BlackRock November 15, 2021 By Simon Jessop and Ross Kerber GLASGOW / NEW YORK – Insurers plan to increase their allocations to private markets to 14% from 11% over the...
AXA’s Investment Arm to Divest Oil and Gas Climate Laggards After Three Years November 8, 2021 By Simon Jessop and Tommy Wilkes GLASGOW – The fund arm of French insurer AXA said on Monday it would take a tougher line with oil...
Business Execs Optimistic COP26 Will Bring Changes Needed to Tackle Climate Change November 8, 2021 By Ross Kerber and Simon Jessop A week into the United Nations’ high-profile climate conference in Glasgow, executives and financial analysts said they are optimistic the...