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EU draft plan targets free carbon credit cut for most industries
Most industries covered by the European Union's carbon market would see free credits cut by the highest possible rate over the next five years under draft plans, potentially costing some of the biggest polluters millions of euros.
India's top court rejects power companies' bid to extend emissions deadline
India's Supreme Court rejected a request by power producers to extend a deadline to install equipment to cut emissions by two years to 2024.
As Europe fights coronavirus and climate, is 'green stimulus' the way?
Normally thrifty countries, such as Germany, accept they will have to spend heavily to weather the economic shock of the coronavirus. Many also face the challenge of ploughing billions of euros into climate schemes to keep carbon reduction pledges. Could "green stimulus" be the answer?
Fires and climate fears rattle Australia's giant coal lobby
As bushfires and floods fuel public concerns in Australia about global warming, the country's powerful mining lobby is facing increasing pressure from investors to drop support for new coal mines, according to a dozen interviews with shareholders in global mining companies.
Climate change pushes investors to take their temperature
Policymakers are pushing investors to do more to ensure their portfolio choices help to meet the 2015 Paris Agreement to combat climate change by limiting planetary warming to well below 2 degrees Celsius, and preferably to 1.5C.
Wall Street increasingly weighs risk from climate change
In the wake of two years of devastating wildfires in California, Wall Street is incorporating a new risk metric when evaluating companies: climate resiliency.
Exclusive: Germany eyes fiscal U-turn with new debt to finance climate plan
Germany is considering ditching its long-cherished balanced budget policy to help finance a costly climate protection program with new debt, a senior government official said.