If the world is to reach net zero, billions of tons of carbon dioxide need pulling from the air every year. At the moment, the global carbon removal system extracts less than 0.01 percent of that.
Companies haven’t been focused on their financial footprints, but a new report highlights how their cash and investments fund fossil fuels, adding to their total emissions.
The Securities and Exchange Commission proposed rules Monday that would force publicly traded companies to reveal the ways climate change could threaten their businesses and their own contributions to global warming.
