The world is choking from emissions more than ever, but that trend is set to reverse starting next year as the cost of solar panels and batteries crowd out coal and stunt the growth of oil, a new report says. …
Shell, Equinor and TotalEnergies said on Thursday their carbon dioxide (CO2) storage project on Norway’s west coast is now completed and ready to receive CO2, with its first deliveries expected next year. Carbon capture and storage (CCS) has long been …
Institutional investors holding a combined $9.5 trillion of assets say they’ve slashed portfolio emissions at a rate that aligns them with the goal of limiting global warming to the critical threshold of 1.5C. The Net-Zero Asset Owner Alliance, whose signatories …
Methane releases from some of the world’s major fossil fuel hubs are continuing to rise, as key polluters make little progress on pledges to curb the potent greenhouse gas. Emissions of the gas across 13 large fossil fuel basins in …
An environmental group is suing Tyson Foods for allegedly misleading consumers by saying it will reach net-zero emissions by 2050 and marketing climate-friendly beef without meaningful plans to achieve those goals. The suit was filed on Wednesday by the Washington-based …
Norway’s government will ask an appeals court on Wednesday to lift injunctions against developing three oil and gas fields, part of a wider effort by Oslo to overturn an earlier verdict invalidating their permits on environmental grounds. A lower court …
Environmental campaigners have taken the European Commission to court, seeking to force Brussels to upgrade its emissions rules for 2030 and, in a second case, scrap rules that label some planes as climate-friendly investments. In a case before the Court …
Jargon often gets in the way of clearly understanding the climate challenge. While some technical terms such as “net zero” are useful and continue to gain wider acceptance, others aren’t so helpful. Take the phrase “hard to abate.” The simplest …
Nearly a third of existing carbon credits have failed to meet criteria for a new standard that aims to serve as the global benchmark for the voluntary carbon market, its board said on Tuesday. In the voluntary market, companies can …
A global accounting body on Wednesday proposed guidance on how companies can do more to show the impact of climate change on their financial performance, saying standalone disclosures do not give investors the clarity they need. Norms written by the …
