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Pooja Kesavan

629 Articles

Pooja Kesavan reports on sustainable finance, corporates and climate issues, among many other categories, at Sustainability Economics News. She has previously worked as a digital journalist for Reuters and Gulf News. Her interests include nature reporting, environment, and international policies.

Hot weather inflamed by carbon pollution killed nearly 50,00...

A study by Nature Medicine reveals that carbon pollution-driven heat waves resulted in nearly 50,000 deaths across Europe last year, with...

113 days ago

2 min read

Donald Trump mocks climate change, says it’ll lead to ...

Republican presidential candidate Donald Trump interviewed billionaire Elon Musk for two hours on Musk’s social media platform X on...

113 days ago

2 min read

Sweden eyes $38 billion nuclear power expansion with governm...

Sweden plans to expand nuclear power to fight climate change, which will cost about 400 billion crowns ($38 billion). A government commis...

113 days ago

2 min read

Australia’s fossil fuel exports rank second for climat...

A new study commissioned by the University of New South Wales’ Australian Human Rights Institute reveals that Australia’s coal and ga...

114 days ago

3 min read

China’s central bank to extend low-carbon loan program thr...

China’s central bank will extend its low-cost loan program for carbon reduction projects until the end of 2027, the government anno...

114 days ago

1 min read

BHP, Rio Tinto and Qantas to invest $52.7 million in Austral...

BHP (BHP.AX), Rio Tinto, and Qantas will invest a combined A$80 million ($52.7 million) as early-stage investors in an Australian carbon ...

114 days ago

2 min read

UK insurers set record with £1.4 billion payouts due to sev...

According to the Association of British Insurers, insurers in the UK paid a record £1.4 billion ($1.78 billion) in claims due to severe ...

114 days ago

1 min read

Report uncovers biomass power stations’ emissions are ...

A new report from climate thinktank Ember reveals that last year, Drax power station emitted four times more carbon than the UK’s last ...

117 days ago

2 min read

Petrobras obtains environmental licenses to expand Brazil...

Petrobras, Brazil’s state-run oil company, has secured environmental licenses to boost production in the Mero and Buzios offshore f...

117 days ago

2 min read

Misinformation campaign could slow down green transition, UN...

The UN has accused fossil fuel companies of running a “massive misinformation campaign” to slow the transition from a carbon-...

117 days ago

2 min read

US loans $1.45 billion to South Korea’s Qcells to build so...

On Thursday, the US Department of Energy announced a conditional loan guarantee of up to $1.45 billion for South Korea’s Qcells. Th...

117 days ago

2 min read

Glencore scraps plan to spin off its coal business, post pus...

Glencore has abandoned its plans to spin off its coal business after shareholders overwhelmingly urged the company to retain the highly p...

118 days ago

2 min read

India’s Reliance to become largest developer of renewable ...

According to the annual report released on Wednesday, Indian conglomerate Reliance Industries is preparing for its next phase of growth a...

118 days ago

2 min read

Repeating false, skeptical claims about climate science make...

Australian-led new research shows that repeating false or skeptical claims about climate science can make them appear more credible, even...

118 days ago

2 min read

Environmental groups sue Suncor Energy over pollution from C...

Environmental groups filed a lawsuit against Suncor Energy on Tuesday, claiming that pollution from its Commerce City refinery in Colorad...

119 days ago

2 min read

RWE sign green power supply contract with steelmaker Salzgit...

German utility RWE and steelmaker Salzgitter have agreed on a significant long-term green electricity supply contract to support Salzgitt...

119 days ago

2 min read

China nails down a three-year plan to upgrade power system a...

China’s state planner revealed a new three-year plan on Tuesday to enhance the power system as the country works to boost renewable...

119 days ago

2 min read

Analysis shows nearly 25% of US lawmakers deny climate chang...

A recent analysis found that nearly one in four members of the US Congress members deny climate change despite growing public concern ove...

120 days ago

2 min read

Removing US subsidies in climate risk zones limited disaster...

In 1982, the US Congress passed the Coastal Barrier Resources Act to safeguard undeveloped coastal areas by barring federal funding that ...

120 days ago

2 min read

Deforestation’s impact on climate is less severe than ...

A study published on Monday in Proceedings of the National Academy of Sciences shows that logging, forest burning, and other human activi...

120 days ago

2 min read

New Zealand to scrap green policies in bid to boost economyÂ...

New Zealand’s green policies are under threat as the government rolls back environmental reforms to boost the struggling economy an...

121 days ago

2 min read

China’s extreme heat sees rise in power demand 

Chinese meteorologists attribute this year’s record heat to high continental temperatures driven by global warming despite cooler-t...

121 days ago

2 min read

China expedites carbon emission controls to hit 2030 goals

According to the cabinet on Friday, China will speed up creating a carbon emissions control system to meet its 2030 peak emissions goal. ...

121 days ago

2 min read

Shell’s H1 profits climb to $14 billion, boosted by fossil...

Shell’s profits reached $14 billion (£10.9 billion) in the first half of 2024, driven by its focus on fossil fuels, which boosted earn...

124 days ago

2 min read

Barclays praises Wimbledon amid backlash for providing servi...

Barclays has faced widespread protests from climate campaigners and anti-war activists. They argue that Barclays is using sponsorship of ...

124 days ago

2 min read

Google data center in Uruguay faces backlash over toxic wast...

Google’s plan to build a data center in Uruguay has angered environmentalists, who argue it will release large amounts of carbon dioxid...

124 days ago

2 min read

Antarctic ground temperatures soar 10°C, nears record heatw...

Ground temperatures across much of Antarctica’s ice sheets have soared an average of 10°C above normal over the past month, leadin...

124 days ago

2 min read

Deutsche Bank, BASF launches sustainability-linked finance p...

Deutsche Bank launched a new sustainability-linked payables finance program for BASF in Asia. This program will specifically target BASFâ...

124 days ago

2 min read

Germany’s solar power generation hits new record

According to BloombergNEF, Germany solar generation is expected to increase by 34% this summer compared to last year due to added capacit...

125 days ago

2 min read

World’s Top Truckmakers Adapt Engines for Low-Emission Hyd...

Some of the world’s largest truck manufacturers, including Volvo and MAN, are adapting combustion engines to run on low-emission hy...

125 days ago

2 min read

US oil & gas methane emissions four times higher than es...

New comprehensive aerial measurements reveal that oil and natural gas producers in the US are emitting methane at more than four times th...

125 days ago

2 min read

US lawmakers introduce bill to block Chinese solar makers fr...

On Wednesday, a bipartisan group of US lawmakers introduced a bill to block Chinese solar panel manufacturers from receiving subsidies fo...

125 days ago

2 min read

Air New Zealand abandons 2030 carbon goal, cites aircraft de...

Air New Zealand announced on Tuesday that it is abandoning its 2030 emissions reduction target due to delays in receiving fuel-efficient ...

127 days ago

2 min read

Forests, land ecosystems failed to curb emissions in 2023, s...

According to a Laboratory for Climate and Environmental Sciences (LSCE) study presented on Monday, forests and other land ecosystems were...

127 days ago

2 min read

Spain approves construction of about 300 renewable projects ...

On Monday, Spain’s government announced it had approved nearly 300 renewable power projects with a combined capacity of over 28 gig...

127 days ago

2 min read

India declines to accept EU carbon tax proposal, says it’s...

According to a senior official speaking to Reuters, India has rejected a European Union proposal to impose higher taxes on its carbon-emi...

127 days ago

2 min read

US power producers turn to natural gas despite record renewa...

US power producers are relying more on natural gas even as renewable energy grows rapidly.  While renewables have steadily increased...

128 days ago

2 min read

Yellen says $3 trillion needed in global transition to low-c...

On Saturday, U.S. Treasury Secretary Janet Yellen stated that shifting to a low-carbon economy globally will need $3 trillion in new fund...

128 days ago

2 min read

UK’s water coasts the hottest ever recorded, scientists sa...

A report has found that water temperatures near the UK’s coasts in 2023 were the highest ever recorded. This means that children today ...

131 days ago

2 min read

Global coal demand to remain broadly unchanged through 2025

The International Energy Agency’s latest update on global coal market trends forecasts that coal demand will stabilize in 2024 and ...

132 days ago

2 min read

Kamala Harris could ‘set a new high bar’ for climate pol...

Green advocates welcome the prospect of a Kamala Harris presidency, noting her robust environmental record, which starkly contrasts with ...

134 days ago

2 min read

Environmental Agency says UK water companies do not meet bas...

Britain’s Environment Agency strongly criticized the country’s water companies for releasing sewage into rivers and seas, sta...

134 days ago

2 min read

Energy firm to invest $1.09 billion in Germany’s hydrogen ...

EnBW announced on Tuesday its plan to invest 1 billion euros ($1.09 billion) in Germany’s upcoming national hydrogen transport netw...

134 days ago

2 min read

Former UK Minister opens investment bank to fund green energ...

Chris Skidmore, the former UK Conservative energy minister who resigned over disagreements regarding oil and gas drilling, has launched a...

135 days ago

2 min read

Kamala Harris to prioritize clean energy and environmental j...

Vice President Kamala Harris has been actively involved in advancing environmental priorities within the Biden administration. Harris sha...

135 days ago

2 min read

Chrysler parent Stellantis pays $190.7 million penalty for f...

Stellantis, Chrysler’s parent company, has paid $190.7 million in civil penalties for not meeting US fuel economy standards for 201...

135 days ago

2 min read

Climate crisis prediction from America’s biggest oil refin...

Nearly 50 years ago, Marathon Petroleum‘s corporate predecessor warned in its company magazine, Marathon World, that global tempera...

138 days ago

2 min read

US public EV chargers hit 9000, set to surpass gas stations ...

In the second quarter, the US expanded its network of public fast-charging stations for electric vehicles (EV) by about 700, reaching nea...

138 days ago

2 min read

Singapore’s decarbonisation centre completes its final tri...

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) announced the completion of its final trial involving biofuels to pow...

138 days ago

2 min read

US federal court rules in favor of environmentalists overtur...

On Tuesday night, a federal court in Alaska overturned an oil and gas lease sale. The sale, which was required by the Biden administratio...

139 days ago

2 min read

SAF production capacity in the US to jump 1400% in 2024 

The US Energy Information Administration (EIA) reported that the production capacity of sustainable aviation fuel (SAF) in the United Sta...

139 days ago

2 min read

Britain needs to act fast to meet 2030 climate target, says ...

Britain’s new Labour government must swiftly act to meet its 2030 climate target. According to the country’s climate advisers, cu...

139 days ago

2 min read

Spain announces $2.5 billion plan to boost renewable energyÂ...

Spanish Prime Minister Pedro Sanchez unveiled a new 2.3 billion euro ($2.5 billion) plan on Wednesday to accelerate Spain’s shift t...

140 days ago

2 min read

US court orders federal regulators to reassess the impact of...

A US court has directed federal regulators to review the environmental impact of greenhouse gas emissions from Commonwealth LNG’s L...

140 days ago

2 min read

Australia invests about $13 million in recycling plastic fac...

The Australian federal government has allocated A$20 million ($13.48 million) to assist in establishing Recycling Plastics Australia’s ...

140 days ago

2 min read

TotalEnergies, UK power join hands to launch EV charging com...

French oil giant TotalEnergies and UK power company SSE announced plans to capture a 20% share of the electric vehicle (EV) fast-charging...

141 days ago

2 min read

More than 100 companies demand for tougher policies to stop ...

132 companies, with a total revenue of $1.1 trillion, exclusively shared a letter with Reuters demanding decisive action on nature loss. ...

141 days ago

2 min read

Renewables growth rate falls short of 2030 target, IRENA rep...

A report from the International Renewable Energy Agency (IRENA) on Thursday revealed that the world may fail to triple its renewable ener...

146 days ago

2 min read

UK’s former climate watchdog appointed to lead ‘mission ...

UK’s Labour Party has appointed Chris Stark, a leading climate expert and former head of the UK’s climate watchdog, to lead a ...

147 days ago

2 min read

Occidental seals record carbon removal deal with Microsoft 

Occidental Petroleum Corp. has secured a landmark carbon removal agreement with Microsoft Corp. as part of Microsoft’s efforts to c...

147 days ago

2 min read

Podesta highlights climate rules in anticipation of Supreme ...

John Podesta, Senior Advisor to the President for International Climate Policy, on Tuesday, said that the Biden administration had antici...

147 days ago

2 min read

US forgives $35 million Indonesian debt in exchange for cora...

The US Treasury on Monday announced that Indonesia will forgive $35 million of debt over nine years. In return, Indonesia will undertake ...

148 days ago

2 min read

China’s Ministry of Industry sets new solar PV investm...

China’s industry ministry proposed a draft rule on Tuesday that raises the minimum capital requirement to 30% for solar photovoltai...

148 days ago

2 min read

2024 on track to be the world’s hottest-recorded yearÂ...

According to the European Union’s Copernicus Climate Change Service (C3S), last month marked the hottest June ever recorded, contin...

149 days ago

2 min read

SBTi’s credibility undermined by new revelations

The Science Based Targets initiative (SBTi), the world’s largest verifier of CO2 and corporate climate goals, could suffer long-ter...

149 days ago

2 min read

Norway seeks to explore renewable energy, carbon capture opp...

According to the energy minister, Norway aims to enhance its partnership with Indonesia and explore investment opportunities in renewable...

152 days ago

2 min read

UN’s Methane Observatory flags Big Oil of site releasing p...

A gas platform in the Gulf of Thailand has received a new warning from United Nations International Methane Emissions Observatory (IMEO) ...

152 days ago

2 min read

US imposes $145.8 million fine on General Motors for excess ...

General Motors will pay a $145.8 million fine and forfeit credits valued at hundreds of millions of dollars following a US government inq...

153 days ago

2 min read

India’s solar power growth hits 6-year low amid rising...

India’s solar power growth slowed to its lowest rate in six years during the first half of 2024, according to data from the federal...

153 days ago

2 min read

Egypt’s wind megaproject of $10 billion to begin by 2026

Construction on one of the world’s largest wind farms in Egypt is set to commence by March 2026, according to a statement from a compan...

155 days ago

2 min read

Home buyers in Australia and New Zealand inching more toward...

Policymakers, researchers, and property experts caution that home buyers in Australia and New Zealand are overlooking the risks of climat...

155 days ago

2 min read

Coal dependency soars in Indonesia and Philippines, surpassi...

According to data from energy think tank Ember, the Philippines has entered the top ten list of economies most reliant on coal-fired elec...

155 days ago

2 min read

EU sets new standard with 75% CO2-free electricity in 2024, ...

Industry data revealed on Monday that 75% of the European Union’s electricity in the first half of this year came from CO2 emission...

156 days ago

1 min read

Google buys stake in BlackRock-owned solar power firm in Tai...

Google announced that it has bought a stake in Taiwan’s New Green Power and plans to purchase up to 300 megawatts of renewable ener...

156 days ago

2 min read

Invesco launches $1.6 billion US climate ETF backed by Finni...

Amid US investors withdrawing from sustainable funds, Atlanta’s Invesco has introduced a new climate-focused ETF. The fund received...

159 days ago

2 min read

Air freight’s greenhouse emissions up by 25% compared with...

According to a report from the campaign group Stand.earth, the surge in online shopping and changes in the post-pandemic economy has driv...

160 days ago

2 min read

Big Oil could face homicide charges over 2023 heatwave death...

Prosecutors in Arizona are considering the possibility of pushing homicide charges against major oil companies for deaths resulting from ...

160 days ago

2 min read

EU proposes a framework to resolve funding disputes in large...

A document seen by Reuters showed that the European Union (EU) will outline guidelines for its member states to jointly develop large-sca...

160 days ago

2 min read

Temasek and Blackrock to invest in carbon removal strategy

In a joint partnership, Singapore’s Temasek and BlackRock have initiated a $69 million capital raise to enhance global carbon remov...

161 days ago

2 min read

Europe’s biggest airline group to charge up to €72 for c...

Deutsche Lufthansa AG plans to introduce a surcharge of up to €72 ($77) per flight next year to cover the increasing costs of alternati...

161 days ago

2 min read

Investors to start talks with companies to drive policy acti...

Over 200 investors have proposed a plan to initiate discussions with 60 companies about biodiversity. The focus will be on companies oper...

161 days ago

2 min read

Global initiative RE100 calls on Japan to triple renewables ...

On Tuesday, RE100, a global corporate initiative promoting renewable energy procurement, urged the Japanese government to swiftly and dec...

162 days ago

2 min read

Germany likely to phase-out coal power plants before 2038 de...

Germany’s climate envoy stated on Monday that the country is expected to shut down its coal-fired power stations earlier than the m...

162 days ago

2 min read

Insurance broker launches world’s first carbon credit warr...

The Howden Group, an insurance broker, announced it played a role in developing the first-ever warranty and indemnity policy for carbon c...

163 days ago

2 min read

China wants EU to scrap preliminary tariffs on EVs by July 4

Beijing has urged the European Union to cancel its initial tariffs on Chinese electric vehicles before July 4, according to China’s...

163 days ago

1 min read

Indian engineers warn of prolonged power outages, amid extre...

The All India Power Engineers Federation has warned the state government that the current situation is worsening daily, emphasizing that ...

168 days ago

2 min read

Federal coalition eyes Queensland’s CFPP for potential nuc...

Queensland is poised to become a focal point in the Coalition’s push towards nuclear energy, with plans suggesting the state could ...

168 days ago

2 min read

EU regulators push for revisions in landmark ESG rulebook 

Regulators overseeing the markets, banking, and insurance sectors urged the European Commission in their joint ESA opinion document on Tu...

168 days ago

2 min read

Volkswagen and Vulcan Green Steel sign MoU to produce low-ca...

Volkswagen AG and Vulcan Green Steel have signed a Memorandum of Understanding (MoU) to establish a partnership focused on low-carbon ste...

169 days ago

1 min read

UK’s asset owner introduces Climate Transition Index in £...

Phoenix Group, a UK asset owner, has introduced a climate transition index as part of its commitment to redirect £160 billion towards de...

169 days ago

2 min read

Andrew Forrest urges coalition to reconsider 2030 emissions ...

Fortescue founder Andrew Forrest warned that if the federal coalition scraps the 2030 emissions reduction target, Australian exports coul...

169 days ago

2 min read

African, Inter-American Development bank leaders seek $20 bi...

Leaders of the African and Inter-American Development Banks are touring North America, the Middle East, Korea, and Brazil to secure $20 b...

170 days ago

2 min read

Germany’s top climate envoy says deep cuts by 2030 are “...

Germany’s climate envoy insists that achieving net zero emissions by 2050 is not enough under the Paris Agreement, emphasizing that the...

170 days ago

2 min read

Clean energy investments for emerging nations among top agen...

People in countries most vulnerable to climate change face the consequences of extreme weather conditions. Despite playing a minimal role...

172 days ago

4 min read

Swiss leaders reject landmark ruling in favour of female cli...

Swiss politicians have rejected a significant climate ruling from the European Court of Human Rights, sparking concerns that other countr...

173 days ago

2 min read

Ex-MD of Goldman Sachs teams up with law firms to develop an...

Jim Bunch, a former managing director at Goldman Sachs Group Inc., has teamed up with law firm Linklaters and London nonprofit Scope 3 Cl...

173 days ago

2 min read

Global oil demand to peak by 2029, IEA says 

According to the International Energy Agency (IEA), global oil demand is expected to reach its highest point by 2029 and then start decre...

173 days ago

2 min read

Largest US oil trade group to file a lawsuit to block Biden&...

The nation’s largest oil trade group, which includes Exxon Mobil and Chevron, will file a federal lawsuit on Thursday to block the ...

174 days ago

2 min read

Startup eyes US factory for futuristic solar panels, counter...

California-based startup Swift Solar Inc. intends to construct a factory in the United States within the next two to three years to manuf...

174 days ago

2 min read

UBS hosts first-ever biodiversity-centric ESG conference

UBS Group AG recently organized its first-ever conference centred on the ESG aspect of biodiversity, indicating its aspirations to expand...

174 days ago

2 min read

Big banks face scrutiny for ‘greenwashing’ their role in...

A recent report reveals that five major banks are accused of misleading the public about their involvement in the the destruction of the ...

175 days ago

2 min read

Europe will need to invest more in sustainable aviation fuel...

European leaders are urged to increase investment in synthetic aviation fuels alongside biofuels to achieve Net-Zero targets and decarbon...

175 days ago

2 min read

World’s largest carmakers to face $7.6 billion lawsuits fo...

The world’s largest carmakers are currently facing 1.5 million lawsuits in Britain, accusing them of manipulating emissions tests. The ...

175 days ago

2 min read

Japan’s Nippon Life Insurance announces new transition fin...

Japan’s Nippon Life Insurance announced guidelines for offering transition finance loans to steelmakers and utilities, aiming to se...

175 days ago

2 min read

Citigroup faces pressure after climate activists gather outs...

On Monday, a large group of climate activists assembled outside Citigroup Inc.’s headquarters in downtown Manhattan, launching what...

176 days ago

2 min read

Analysts predict an uphill battle for EU climate policies am...

The shift towards right-leaning parties in the European Parliament is expected to hinder the passage of ambitious EU climate policies. Ho...

176 days ago

2 min read

Insurance sector faces ‘tremendous volatility’ amid clim...

On Thursday, CEO Evan Greenberg told CNBC’s Jim Cramer that climate change is a significant contributing factor influencing insurance p...

180 days ago

2 min read

US solar industry races to deploy stockpiled panels as tarif...

As the two-year US tariff break on solar panels from Southeast Asia ends, American project developers must now swiftly deploy the large s...

180 days ago

2 min read

Global clean energy investment to hit $2 trillion in 2024, I...

The International Energy Agency (IEA) forecasts that global investment in clean energy technology and infrastructure will reach $2 trilli...

181 days ago

2 min read

Carbon removal technology could cost much more than estimate...

Climeworks AG claims to have achieved a breakthrough that could halve the cost of removing a ton of carbon from the air. While this could...

181 days ago

2 min read

European asset managers prepare for ESG fund purge, post new...

According to a recent analysis, new regulations in Europe will lead to a widespread industry purge as asset managers face limits on attac...

181 days ago

2 min read

Carbon removal must quadruple to hit climate targets, resear...

According to a report by researchers released on Wednesday, to achieve global climate goals, governments must expand afforestation and us...

182 days ago

2 min read

EU approves Germany’s $1.90 billion payout for coal ph...

Germany’s economy ministry announced it received preliminary approval from the European Commission to compensate power company LEAG...

182 days ago

1 min read

Climate advisory firm optimistic about venture capital inves...

Pollination Group, a climate change advisory and investment firm, observes better opportunities for venture capital investments in Austra...

182 days ago

2 min read

New analysis shows COP28’s promised global goals to triple...

According to the International Energy Agency’s analysis released on Tuesday, the combined efforts of countries would expand renewab...

182 days ago

1 min read

Waste Management nears $7 billion deal to buy Stericycle

Waste Management is close to finalizing a purchase agreement with Stericycle, a medical waste disposal company, for approximately $7 bill...

183 days ago

1 min read

Climate crisis must be top priority in UK election, says gre...

Green groups are urging that the climate crisis be made a central focus in the upcoming TV debates between Rishi Sunak and Keir Starmer.&...

184 days ago

2 min read

One of world’s biggest carbon-offset projects withdraws fr...

Carbon Green Investments, a company managing offset projects, has announced that it will immediately remove the Kariba forestry project, ...

184 days ago

2 min read

South Korea to generate 70% of its power from carbon-free en...

South Korea aims to get 70% of its electricity from clean energy, such as renewables and nuclear power, by 2038, a significant increase f...

187 days ago

1 min read

No new oil, gas, or coal licenses needed as existing project...

In a recent study, researchers at University College London and the International Institute for Sustainable Development (IISD) said that ...

187 days ago

2 min read

Architect behind the world’s tallest skyscraper to design ...

Skidmore, Owings & Merrill LLP (SOM), the architecture firm responsible for the world’s tallest building, is exploring methods ...

187 days ago

2 min read

World Bank approves $1.2 billion budget support for Kenya to...

The World Bank has approved a $1.2 billion budget support package for Kenya to help the country manage immediate fiscal challenges and ac...

187 days ago

1 min read

White House announces new measures to support upcoming nucle...

On Wednesday, the White House announced new measures to support the advancement of new nuclear power plants in the United States.  N...

188 days ago

2 min read

$1 billion funded waste-to-fuel company could collapse

Fulcrum BioEnergy, a clean fuel technology company, secured over $1 billion in funding to convert household waste into eco-friendly fuels...

188 days ago

2 min read

European Central Bank to impose fines on climate failures in...

In its first-ever move, The European Central Bank is planning to fine several banks for failing to address the impact of climate change. ...

188 days ago

2 min read

Temperatures cross 50°C in parts of north and central India...

In northern and central India, temperatures soar above 50°C amidst a severe heatwave. Over 37 cities across the nation experienced tempe...

189 days ago

1 min read

EU, Australia partner to secure supply of critical mineralsÂ...

On Tuesday, the European Union and Australia signed a memorandum of understanding (MoU) to collaborate on crucial minerals. The deal aims...

189 days ago

2 min read

Corporate climate watchdog tightens rules for asset managers...

A top authority on corporate climate goals announced it would enforce stricter criteria for financial institutions seeking its endorsemen...

189 days ago

2 min read

Egypt partners with China’s second-biggest automaker to pr...

An Egyptian firm has teamed up with the second-largest state-owned car manufacturer in China to produce affordable electric vehicles (EV)...

190 days ago

2 min read

EU passes new law which mandates 40% domestic green tech pro...

The European Union has approved a new law to ensure that 40% of its clean technology, including solar panels and wind turbines, is produc...

190 days ago

2 min read

Climate protestors target TotalEnergies over new oilfield de...

The CEO of TotalEnergies informed shareholders that new oilfields must be developed to meet global demand. Climate activists protested ou...

191 days ago

1 min read

Biden administration set to lay out first-ever broad guideli...

Biden administration, led by Treasury Secretary Janet Yellen, will introduce the first US guidelines for carbon markets this week. This m...

191 days ago

2 min read

German climate activists charged with ‘forming criminal or...

Five members of Letzte Generation, a climate activist group similar to Just Stop Oil in Germany, face charges of “forming a criminal or...

194 days ago

2 min read

Japan’s Itochu signs renewable energy agreement with Googl...

On Friday, Itochu announced signing a long-term power supply agreement with Google to support the tech giant’s renewable energy obj...

194 days ago

2 min read

IEA chief stresses the need to speed up talks on climate aid...

Ahead of this year’s COP29 summit, the chief of the International Energy Agency emphasized that global climate talks must focus on ...

194 days ago

2 min read

Berlin court orders German govt to strategize sector-specifi...

A Berlin court has instructed the German government to revise its 2023 climate plan to align with sector-specific 2030 goals. The ruling,...

195 days ago

2 min read

US lawmakers probe investigation into climate deception by B...

US lawmakers lead an inquiry into big oil companies and urge the Justice Department to investigate potential climate deception. &nbs...

195 days ago

2 min read

First all-electric school bus fleet in the US to power 300 h...

Battery-operated school buses in Oakland, California, are anticipated to reduce emissions and provide sufficient electricity to power at ...

195 days ago

2 min read

Additional $34 trillion needed to meet net zero goals by 205...

BloombergNEF’s extensive New Energy Outlook report, which spans 250 pages and analyzes 18 million data points, reveals that governm...

196 days ago

2 min read

‘Be a part of the plan’ echoes as International Day of B...

Biodiversity, encompassing the variety of all life forms on Earth, is fundamental to sustaining the ecosystems that provide us with food,...

196 days ago

2 min read

Pressure mounts on Biden administration to halt deepwater oi...

The Biden administration faces increased calls to strengthen its restrictions on America’s growing fossil fuel trade. This includes...

196 days ago

2 min read

Over a third of Amazon rainforest struggle to recover from d...

A recent study published in the Proceedings of the National Academy of Sciences reveals that more than a third of the Amazon rainforest s...

197 days ago

2 min read

Banks anxious of growing energy-related risks in mortgage po...

Lenders across Europe are struggling with a rising concern about energy consumption in residential mortgage portfolios  In Germany, ...

197 days ago

2 min read

Environmental activists demand transparency in Russia’...

Activists are pressing Russia’s constitutional court to review the nation’s climate policies, specifically its significant me...

198 days ago

2 min read

New South Wales implements stricter regulations for polluter...

New coal mines, gas fields, and other major sources of greenhouse gases in New South Wales will now face stricter regulations to minimise...

198 days ago

2 min read

Methane emissions by US landfills exceed federal limits, ins...

An analysis of inspection reports found that nearly two dozen US landfills frequently exceeded federal methane emission limits, often rep...

198 days ago

2 min read

Deutsche Bank secures $652 million capital-relief deal with ...

Deutsche Bank has entered a deal with the European Investment Bank that enables it to offer discounts on over €600 million ($652 millio...

198 days ago

2 min read

Norway’s $1.6 trillion sovereign wealth fund asks Shel...

Norway’s $1.6 trillion sovereign wealth fund has asked Shell to provide more information about its updated climate targets. However...

201 days ago

1 min read

Japan’s Mizuho to invest $13 billion to develop hydrogen t...

Tokyo-based banking and financial services company Mizuho Financial Group announced a new objective. The company intends to provide JPY 2...

201 days ago

2 min read

China to build first ‘green’ aviation fuel with $1 billi...

Biofuel companies are investing over $1 billion to construct China’s first plants converting waste cooking oil into aviation fuel.&...

201 days ago

2 min read

India’s largest climate impact fund to raise $1 billion

Eversource Capital, which managed India’s largest climate impact fund in 2022, aims to raise at least $1 billion to support companies i...

201 days ago

1 min read

Trump’s presidency could jeopardize $1 trillion in cle...

According to a new analysis by Wood Mackenzie published on Thursday, Donald Trump’s victory in the November 5 presidential election...

201 days ago

1 min read

UK under danger of losing its spot on Global Green Finance I...

The UK Sustainable Investment and Finance Association (UKSIF) has released a report indicating potential challenges facing the UK’s...

202 days ago

2 min read

Logistics company tests first-ever electric transport for lo...

DB Schenker in Sweden introduces a fully electric Scania R 450e lorry for long-distance deliveries. This e-truck will operate between Jö...

202 days ago

2 min read

Climate change could worsen neurological conditions, study d...

A study by University College London researchers reveals that extreme heat and climate change-related disasters worsen neurological disea...

202 days ago

2 min read

Microsoft’s AI ambitions threaten to derail carbon neu...

Microsoft Corp.’s ambitious pledge to remove more carbon than it emits by 2030 is now at risk due to its aggressive push to lead in...

202 days ago

2 min read

Exxon under fire again for falling short on climate commitme...

Exxon Mobil Corp is again under scrutiny from environmentally focused investors who argue that the company is not meeting its climate-rel...

203 days ago

2 min read

China orders for energy-efficiency plans to meet targets

China’s state planner, the National Development and Reform Commission (NDRC), has directed provinces to create energy-efficiency pl...

203 days ago

2 min read

Indonesia’s state energy firm, Exxon, KNOC sign agreement ...

Indonesia’s Pertamina, ExxonMobil, and South Korea’s KNOC agreed to develop a carbon capture and storage (CCS) hub in Indones...

203 days ago

1 min read

US appeals court upholds Biden administration’s biofue...

A US appeals court has confirmed a rule from President Biden’s administration on biofuel blending requirements for oil refiners fro...

203 days ago

2 min read

Biden to quadruple tariffs on Chinese EVs with solar exclusi...

President Joe Biden plans to increase tariffs significantly on Chinese electric vehicles (EV) and other key industries this week, emphasi...

203 days ago

2 min read

UK faces funding risk as sustainable finance framework lags

Britain’s delay in finalizing its sustainable finance framework is jeopardizing billions of pounds in funding, as per a UK investor...

203 days ago

2 min read

Australia to invest $15 billion in renewable energy, domesti...

On Tuesday, the Australian government announced an A$22.7 billion ($15.0 billion) package to strengthen domestic manufacturing and renewa...

204 days ago

2 min read

Schneider Electric to automate India’s largest single-stag...

Schneider Electric supports India’s Namami Gange initiative by implementing sustainable automation at Delhi’s largest single-...

204 days ago

2 min read

World’s 60 biggest banks financed fossil fuels by $6.9 tri...

According to the 15th annual Banking On Climate Chaos (BOCC) report released Monday, banks such as Barclays and HSBC committed $705 billi...

204 days ago

2 min read

Investment manager steps into nature-based carbon credit mar...

Octopus Investments has introduced a new Natural Capital Strategy to acquire UK land-based assets to generate carbon removal credits and ...

204 days ago

2 min read

Startup develops vaccine that can reduce methane emissions f...

A Boston-based startup is in the process of developing a vaccine that can curb methane emissions that are emitted by livestock.  Ark...

204 days ago

2 min read

JPMorgan CEO meets Texas AG amid threats to bar banks over E...

Jamie Dimon, CEO of JPMorgan Chase & Co., met with Texas Attorney General Ken Paxton because Paxton threatened to prevent more banks ...

204 days ago

2 min read

Japan to map out a decarbonizing strategy by 2040

The Japanese government plans to develop a new national strategy by the end of March next year, focusing on decarbonization and industria...

204 days ago

2 min read

EU approves law to cut CO2 from heavy-duty vehicles 

European Union countries officially approved a law on Monday to reduce truck carbon dioxide emissions. This law mandates that most new he...

205 days ago

2 min read

Private equity firm offer to buy Swedish renewable energy gr...

On Monday, private equity firm EQT announced a cash offer to acquire Swedish renewable energy group OX2 for 16.4 billion crowns ($1.51 bi...

205 days ago

2 min read

Decision looms for Glencore’s carbon capture approval ...

This month, Queensland state in Australia will decide whether to approve Glencore’s request to bury liquefied carbon dioxide in the...

205 days ago

2 min read

Court rejects Republican-led states’ attempt to halt S...

On Friday, a federal appeals court rejected a lawsuit by four Republican-led states trying to stop a US Securities and Exchange Commissio...

205 days ago

2 min read

First US-built boat for maintaining offshore wind farms is a...

A new boat Eco Edison, designed to support operations in US offshore wind farms, will be launched in New Orleans on Saturday in the prese...

205 days ago

2 min read

US and China aim to work together on phase-out of coal despi...

A two-day climate discussion between the largest emitters of greenhouse gases concluded this week, with plans for the US and China to col...

205 days ago

2 min read

Green hydrogen startup Hysata raise $111 million in Series B...

Australia-based Hysata, a startup focused on green hydrogen, announced it has raised $111 million in a Series B funding round. The fundin...

207 days ago

2 min read

Singapore Airlines signs agreement with Neste to purchase Su...

Singapore Airlines (SIA) Group has partnered with Neste to acquire 1,000 tonnes of neat Neste MY Sustainable Aviation Fuel in an effort t...

208 days ago

2 min read

South Africa to secure $2.6 billion deal for shut down of CF...

South Africa is preparing for a transition in its energy sector, seeking $2.6 billion in climate finance by proposing a revised timetable...

208 days ago

2 min read

Republican attorneys sue EPA over carbon rule 

Republican attorneys general from 27 US states, and industry trade groups filed lawsuits to block a new Environmental Protection Agency r...

208 days ago

2 min read

Dutch pension fund to focus its sustainable investments on b...

The Dutch multi-sector pension scheme PGB has chosen three ‘focus themes’ for its sustainable investments based on member pre...

208 days ago

1 min read

Institutional investors with assets worth $1.2 trillion urge...

A group of 24 institutional investors, collectively managing $1.2 trillion in assets, are urging Barclays Plc to cease financing fracking...

208 days ago

2 min read

Confidential documents reveal carbon offsets are largely ine...

Staff at a prominent corporate climate action group, whose board proposed a plan allowing companies to offset supply chain greenhouse gas...

208 days ago

2 min read

Hunger, diseases on the rise post record heat, floods and dr...

According to a report from the World Meteorological Organization (WMO), hunger and disease are increasing in Latin America due to a year ...

209 days ago

2 min read

Spain’s Official Credit Institute to invest €15 million ...

Spain’s Official Credit Institute (ICO) has committed to invest €15 million in Spanish insurance group Mapfre’s green biofuel fund....

209 days ago

2 min read

Climeworks opens world’s largest plant to capture CO2 from...

Climeworks has unveiled the world’s largest operational direct air capture (DAC) plant, the Mammoth plant in Iceland. This plant is nea...

209 days ago

2 min read

Asset manager to invest $35 million in renewable energy firm...

On Tuesday, AMPIN Energy Transition announced that Switzerland-based asset manager responsAbility, will invest up to $35 million on behal...

210 days ago

2 min read

Siemens Energy to restructure management of its troubled win...

Siemens Energy announced that Jochen Eickholt, who became CEO of Siemens Gamesa in March 2022, will step down at the end of July and will...

210 days ago

1 min read

April marks 11th consecutive month of record temperatures

According to the European Union’s climate change monitoring service, the world just had its hottest April on record, continuing an ...

210 days ago

2 min read

Solar, wind power pushed renewable energy to a record 30% of...

According to a report by think tank Ember, in 2023, due to the increased adoption of solar and wind power, renewable energy made up 30% [...

210 days ago

2 min read

India’s Bengaluru sees spells of rain after months of swel...

Recent showers in Bengaluru have provided relief to residents from the persistent heat experienced over the last few months. According to...

211 days ago

1 min read

Asheville-based renewable energy firm secures $650 million f...

Pine Gate Renewables, headquartered in Asheville, has secured a $650 million investment from three partners. Generate Capital, the Health...

211 days ago

2 min read

Exxon, Chevron CEOs demand clear rules on US clean energy su...

On Monday, top executives of US oil giants Exxon Mobil and Chevron Corp emphasised the necessity for the US to provide clear guidelines o...

211 days ago

2 min read

Investment in clean energy manufacturing soared to $200 bill...

In a first-of-its-kind analysis, Advancing Clean Technology Manufacturing reports that global investment in manufacturing five key clean ...

211 days ago

2 min read

US to host China’s climate envoy this week in Washington

The State Department announced that China’s Special Envoy for Climate Change, Liu Zhenmin, will visit Washington on Wednesday and T...

211 days ago

1 min read

Leading health funders team up in $300 million initiative to...

Three major global health funders have partnered for the first time in a $300 million initiative to address the interconnected challenges...

212 days ago

2 min read

Brussels Airport to achieve net zero target by 2030

Brussels Airport Company is significantly ramping up efforts to reach net zero carbon emissions by 2030, aiming to eliminate all carbon d...

212 days ago

1 min read

Deutsche Bank appoints Trisha Taneja as global head of ESG 

Deutsche Bank announced the appointment of Trisha Taneja as the global head of environmental, social, and governance (ESG) for the origin...

212 days ago

1 min read

Britain’s new climate action plan unlawful due to delivery...

London High Court has ruled that Britain’s latest climate action plan is unlawful because ministers were not adequately informed of...

212 days ago

2 min read

Berkshire Hathaway shareholders reject six environment, soci...

During their Saturday meeting, shareholders of Berkshire Hathaway Inc. decisively rejected six proposals related to environmental and soc...

212 days ago

2 min read

Delay in energy transition could impact investments, says ne...

According to a report by consultancy Wood Mackenzie, a five-year delay in decarbonization efforts could raise global average temperatures...

214 days ago

2 min read

Air France, Lufthansa Group among 20 other airlines part of ...

Air France, its Dutch arm KLM, Norwegian, SAS, and multiple Lufthansa Group airlines are among 20 carriers under investigation by the Eur...

214 days ago

2 min read

PG&E nears deal to sell power assets to investment firm ...

California utility Pacific Gas & Electric (PG&E) announced that it is close to finalizing an agreement to sell its power generati...

215 days ago

2 min read

Canada’s 2022 greenhouse gas emissions rose less than expe...

Environment Minister Stephen Guilbeault announced on Thursday that Canada’s greenhouse gas emissions in 2022 increased by a smaller...

215 days ago

1 min read

US appeals court clears path for $655 million clean energy t...

On Thursday, a US appeals court overturned a lower court’s decision that halted a land exchange crucial for developers to proceed w...

215 days ago

2 min read