European Union countries have agreed that the bloc's flagship fund to wean regions off fossil fuels should not finance nuclear or natural gas projects, despite calls from some Eastern countries for gas to be eligible for EU funding.
More investors are publicly backing a resolution to curb coal project lending that shareholders of Mizuho Financial Group are expected to consider this week, the first time such a step is to figure at the annual meeting of a Japanese listed company.
Vanguard Group, the world's largest mutual fund manager, backed shareholder resolutions for shippers United Parcel Service Inc and J.B. Hunt Transport Services Inc and oil driller Ovintiv Inc to limit their climate-warming emissions.
The European Union looks set to slightly beat its goal to get a third of its energy from renewable sources by 2030, but public support will be needed to offset a drop in clean power investment due to COVID-19, the bloc's top energy official said.
For all the commentary around a transition to a clean energy system, the amount of carbon dioxide (CO2) in the atmosphere is still continuing to rise rapidly and shows no sign of slowing down.
Israel said on Monday it would stop the use of coal by 2030, joining a host of other countries in an alliance that aims to transition to cleaner sources of energy.
Six Democratic U.S. senators have asked billionaire investor Carl Icahn and Environmental Protection Agency Administrator Scott Pruitt to explain how an Icahn-owned refinery secured a valuable EPA exemption from the nation's biofuels law.
Climate change targets are slipping out of reach
For all the commentary around a transition to a clean energy system, the amount of carbon dioxide (CO2) in the atmosphere is still continuing to rise rapidly and shows no sign of slowing down.