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Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

European energy firms Centrica and Galp, food group Nestle and watchmaker Swatch are among 50 companies worldwide that are highly exposed to physical climate risks, investors with $10 trillion in assets say.

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Photo by Wil Stewart on Unsplash

Power drinkers - Aussie brewer offers beer for excess solar energy

How about a cool beer in exchange for your excess solar power? That's the offer from Asahi Group's Carlton and United Breweries in Australia, serving up Victorian Bitter to households who have rooftop solar power to spare, in what the companies involved believe to be a world first.

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Shift to renewable energy eases key environmental burdens, EU says

Europe's shift from fossil fuel-based electricity to renewable sources has reduced environmental problems while also cutting the greenhouse gas emissions causing climate change.

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

Biden may cancel Keystone XL pipeline permit as soon as his first day in office

U.S. President-elect Joe Biden is planning to cancel the permit for the $9 billion Keystone XL pipeline project as one of his first acts in office, and perhaps as soon as his first day, according to a source familiar with his thinking.
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Photo by Saj Shafique on Unsplash

Saudi Crown Prince launches zero-carbon city in NEOM business zone

Saudi Arabia's crown prince on Sunday unveiled plans to build a zero carbon city at NEOM, the first major construction project for the $500 billion flagship business zone aimed at diversifying the economy of the world's largest oil exporter.
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EU price on pollution hits record high in early 2021

The price of permits on the European Union carbon market has soared to record levels in the first trading days of the year, hiking costs for polluters as the EU prepares measures to enforce deeper emissions cuts.
Explainer: How does Canada's Clean Fuel Standard policy work?

Explainer: How does Canada's Clean Fuel Standard policy work?

Canada published the draft Clean Fuel Standard this month, which is central to the ruling Liberal Party's commitment to cut greenhouse gas emissions 30% below 2005 levels by 2030.

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