Lawmakers in the European Parliament's environment committee have agreed by a razor-thin majority to support a 60% European Union emissions reduction target for 2030.
Climate change will be a key element in Canada's next federal budget, Canadian Finance Minister Bill Morneau said on Monday, as he kicked off public consultations on the spending bill.
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than 30% of their revenue from coal mining.