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ECB threatens 20 banks with fines after climate-risk warning

The European Central Bank has warned about 20 lenders that it will impose fines unless they address shortcomings in their management of climate risk, according to people familiar with the matter.
Politics
Banks promised climate action. Where is it?
www.flickr.com

Banks promised climate action. Where is it?

Twenty-nine banks pledged to go net-zero. Not one has a viable plan to achieve it, a new report finds.
Politics
JPMorgan secretly emailed the Trump administration about bailing out the oil industry
www.motherjones.com

JPMorgan secretly emailed the Trump administration about bailing out the oil industry

The bank has promised big action on climate—but it still wants to finance fossil fuels.
Solutions
Kerry to Wall Street: Put your money behind your climate PR
www.politico.com

Kerry to Wall Street: Put your money behind your climate PR

Kerry is leveraging personal relationships with Wall Street players as well as banks’ public promises to help fund climate efforts.
Impacts
The stakes of Trump’s push to sell oil drilling rights in the Arctic refuge
www.vox.com

The stakes of Trump’s push to sell oil drilling rights in the Arctic refuge

A majority of voters don’t support drilling in the Arctic refuge. Trump is doing it anyway.
Politics
Defund or defend? In the fight over fossil fuel investments, who's winning?
therevelator.org

Defund or defend? In the fight over fossil fuel investments, who's winning?

Despite divestment victories, big banks and asset managers continue driving climate change through their lending practices.
Politics
Banks are still funneling billions of dollars into fossil fuels

Banks are still funneling billions of dollars into fossil fuels

Bank financing for companies that are planning new coal, oil, and gas extraction increased 40% from 2018 to 2019, despite warnings that we need to stop burning these fuels.
ORIGINAL REPORTING
The torso of a judge in a black robe holding a gavel on a desk next to a red-covered book.

Judge's sanctions against Michael Mann revive battle over climate defamation case

A neighborhood of burned homes destroyed by a wildfire with hills in background.

Climate disasters are driving up housing costs and displacing low-income residents

Utility towers and power lines stretching into the distance at sunset.

Utilities seek legal shield from wildfire lawsuits as climate risks grow

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A controversial facility that would process plastic waste to be burned in steel mills has been cancelled

A controversial facility that would process plastic waste to be burned in steel mills has been cancelled

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NRC denies full hearing on Palisades nuclear restart challenge

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Young plaintiffs in Juliana v. United States lose Supreme Court bid but say they'll continue their pursuit of climate justice

CLIMATE
A group of white corals on a coral reef.

Record ocean heat drives catastrophic coral bleaching across 84% of reefs worldwide

A $100 dollar bill encased in an ice block.

EPA chief Lee Zeldin defends freezing $20B in climate grants, citing alleged conflicts