23-Oct-2023
Holcim plans emissions-reducing cement production
Materials manufacturer Holcim U.S. has invested USD 100 million to cut over 400,000 tons of emissions each year at its Ste. Genevieve, Missouri, cement plant.
23-Oct-2023
Toyota lobbies India to cut hybrid-car taxes
Japan's Toyota Motor is lobbying the Indian government to cut taxes on hybrid vehicles by as much as one-fifth.
23-Oct-2023
General Mills and Walmart push regenerative agriculture
General Mills, Walmart and Sam’s Club announced a collaboration to accelerate the adoption of regenerative agriculture on 600,000 acres in the U.S. by 2030.
23-Oct-2023
Sodexo gives suppliers a net zero progress deadline
From January 2030, Sodexo UK & Ireland has stated it will only work with those suppliers demonstrating tangible net zero progress through published reporting.
23-Oct-2023
China trials tougher carbon offset rules to revive market
China will impose tighter standards on voluntary carbon credits as it revives its long-stalled offsets market.
23-Oct-2023
Australia revokes BAT carbon neutral certification
The government of Australia has been forced to revoke carbon neutral certification given to British American Tobacco (BAT) after the endorsement was found to be in breach of a World Health Organization treaty.
23-Oct-2023
ExxonMobil in talks to join UN-led methane reporting pact
Oil and gas giant ExxonMobil is in talks to join the UN-led Oil & Gas Methane Partnership (OGMP), which would require disclosing its global methane pollution.
23-Oct-2023
Global talks on climate loss and damage fund end in failure
A crucial meeting aimed at developed a new climate ‘loss and damages’ fund ahead of COP28 ended in failure. Countries from the global north and south couldn't agree on whether the fund should be managed by the World Bank, which gives higher voting power to Western countries, or by a new independent structure, as called for by many developing nations.
23-Oct-2023
Large businesses call on govts for fossil fuels phase-out
More than 130 of the world's largest businesses have called on world leaders to commit to phasing out unabated fossil fuels at the COP28 Climate Summit.
23-Oct-2023
CDP secures disclosures from a record 23,000 companies
The number of companies publicly disclosing environmental data through the CDP platform has soared 24 percent in the last year.
23-Oct-2023
PetroChina wins first Japanese carbon credits
PetroChina International won the first Japanese carbon credits, or J-credits, physically traded on the Tokyo Stock Exchange’s new carbon trading platform.
23-Oct-2023
Net-Zero Asset Owner Alliance demonstrates progress
The UN-Convened Net-Zero Asset Owner Alliance released its third annual Progress Report, claiming increased climate action.
16-Oct-2023
Biden unveils 'hydrogen hubs' in push for 2024 election
U.S. President Joe Biden announced new “hydrogen hubs” across the United States as part of efforts to boost the economy with green energy.
16-Oct-2023
Macquarie seeks USD 11b for Asia-Pacific infrastructure
Macquarie Asset Management is in talks with investors to raise as much as USD 11.5 billion for a trio of funds dedicated to Asia-Pacific infrastructure, global renewables and energy transition.
16-Oct-2023
German coal plants to be shut down in 2024
The coal-fired power plants that Germany has reactivated to deal with the energy crisis will be shut down in 2024.
16-Oct-2023
EU Renewables Energy Directive gets final greenlight
The European Council has adopted a new Renewables Energy Directive aimed at increasing the share of green sources in the EU's overall energy consumption.
16-Oct-2023
CIP banks EUR 1b for renewables spending spree
Copenhagen Infrastructure Partners (CIP) has reached final close for a renewables infrastructure fund with commitments of EUR 1 billion, plus co-investments.
16-Oct-2023
Malaysia to regulate large power users for energy savings
Malaysia’s Parliament passed a law that will require the country’s biggest energy consumers to implement power-saving measures.
16-Oct-2023
NSW introduces landmark Climate Change Bill
The Australian state of New South Wales committed to cut greenhouse gas emissions by at least 50% by 2030 and to reach net zero by 2050.
16-Oct-2023
Ireland lays out plans for EUR 100b sovereign wealth fund
Ireland laid out plans to use some of the healthiest public finances in Europe to build a EUR 100 billion sovereign wealth fund, with some focus on climate.