Policy & Regulation

               
Climate bonds standard expands certification to promote deforestation-free…
In response to the urgent need for sustainable agri-food systems amidst climate change and biodiversity loss, the Climate Bonds Standard has broadened its Certification to…
               
South Korea’s constitutional court hears climate protection case 
South Korea’s Constitutional Court commenced hearing on Tuesday in a case accusing the government of failing to protect the well-being of 200 people, including dozens…
               
Biden Administration to omit green hydrogen from power…
The Biden administration is expected to exclude green hydrogen from its pivotal plan to curb greenhouse gas emissions in the power sector, Reuters reported citing…
               
Study reveals detrimental impact of Oklahoma’s EDEA policy…
A recent study conducted by the Oklahoma Rural Association sheds light on the adverse effects of Oklahoma’s Energy Discrimination Elimination Act (EDEA) on the state’s…
               
Fed to implement Clean Electricity Investment Tax Credit
The federal government is set to advance the Clean Electricity Investment Tax Credit (Clean Electricity ITC), initially proposed last year. This initiative entails a 15%…
               
Biden-Harris administration announces first recipients of $1.93 billion…
The Biden-Harris Administration has revealed the first recipients of significant investments in clean energy manufacturing. As a component of the comprehensive Investing in America agenda,…
               
PM Sunak must do more to tackle climate…
The head of the UK government’s advisory body has stated that Prime Minister Rishi Sunak needs to ramp up efforts in addressing climate change, particularly…
               
Leaders gather in Canada to discuss global plastic…
World leaders will convene in the capital of Canada this week to discuss the advancements made in drafting the first global treaty on curbing the…
               
Holtec International sues New York State over nuclear…
Holtec International, the company responsible for decommissioning the Indian Point nuclear power plant in New York, has filed a lawsuit against the state challenging its…
               
UN’s Net-Zero Alliance releases ambitious protocol to halve…
The UN-led Net-Zero Asset Owner Alliance launches the fourth edition of its Target-Setting Protocol. Covering most major asset classes for the first time, it will…
               
Biden to announce winners of $2 billion in…
Siemens Energy Inc., a renewable energy firm, and Danish electrolyzer manufacturer Topsoe A/S are among the numerous recipients poised to benefit from approximately $2 billion…
               
Australia delays environmental law reforms, raising concerns for…
The Australian government has backtracked on its commitment to reform environmental protection laws, indefinitely deferring necessary changes to the Environment Protection and Biodiversity Conservation Act. 
               
JDE Peet’s expresses concerns over tight deadline to…
JDE Peet's, a major coffee company, raised concerns over the stringent timeline set by the new EU law banning the import of commodities and related…
               
EPA establishes national limits on ‘forever chemicals’ in…
The Environmental Protection Agency (EPA) has set nationwide restrictions on six varieties of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in drinking water, marking the first time…
               
White House renews talks on declaring climate emergency
White House officials are revisiting the possibility of declaring a national climate emergency, a groundbreaking action that could grant federal powers to limit oil development. 
               
US creates climate and trade task force to…
The U.S. will create a new trade task force to reduce carbon emissions from global commerce and manufacturing, according to a Reuters report citing White…
               
Japan sets sights on ambitious renewable energy targets…
Japan is gearing up to establish ambitious targets for renewable energy and other sources in its national electricity mix by fiscal 2040, with plans to…
               
Germany approves ambitious hydrogen pipeline network 
The German parliament, Bundestag, has given its approval for the construction of an extensive 9,700-kilometre pipeline network dedicated to transporting hydrogen across the nation and…
               
US EPA denies petition to exempt turbine from…
The U.S. Environmental Protection Agency on Monday denied a petition by energy industry groups seeking to remove stationary combustion turbines from the list of sources…
               
Mexico’s presidential candidate vows $13.6 billion to boost…
The frontrunner for Mexico's presidency, Claudia Sheinbaum, has proposed a plan to allocate approximately $13.6 billion towards expanding the country's use of renewable energy while…
               
Maldives inaugurates ESG reporting framework for private sector
The Maldives has taken a significant step towards enhancing sustainability practices in its private sector with the development of the nation's inaugural Environment, Social, Governance…
               
Middlesex Water Company prepares for new EPA regulations…
Middlesex Water Company in a recent announcement, reaffirmed its commitment to providing safe, clean, and reliable water services by proactively addressing the new national drinking…
               
Parsons Corporation to assist clients in meeting EPA’s…
Parsons Corporation a prominent player in Per and Polyfluoroalkyl Substances (PFAS) investigation and remediation, reaffirms its commitment to aiding clients in addressing PFAS challenges and…
               
US achieves clean energy milestone on public lands
On Thursday, the Biden administration announced that the United States had surpassed its target of permitting over 25 gigawatts of clean energy projects on public…
               
EU lawmakers pass law to limit methane emissions…
On Wednesday, European Union lawmakers approved a groundbreaking law aimed at curbing methane emissions from Europe’s oil and gas imports starting in 2030. This move…
               
Swiss government renews its contribution to the Green…
Switzerland will contribute 135 million Swiss francs over the next four years to support the Green Climate Fund (GCF), which helps developing nations take concrete…
               
European Court rules Swiss government violated human rights…
In a landmark ruling with far-reaching implications, the European Court of Human Rights (ECtHR) has declared that the Swiss government failed in its duty to…
               
EU pushes back against Chinese clean-tech investments, favors…
The European Union intensified its scrutiny of Chinese clean-tech investments, raising concerns about the potential displacement of local suppliers as part of EU initiatives to…
               
US EPA introduces rule on cutting chemical plant…
On Tuesday, the US Environmental Protection Agency officially enacted a regulation to diminish cancer-causing toxic air emissions from chemical plants. This rule mandates regular monitoring…
               
US Federal Reserve blocks push for climate risk…
According to a Bloomberg report, the U.S. Federal Reserve has intervened to prevent a proposal by the Basel Committee on Banking Supervision that would have…
               
US SEC pauses climate disclosure mandates for pending…
Amid political criticism, the US Securities and Exchange Commission (SEC) has postponed implementing new climate-related disclosure requirements, citing pending judicial review. 
               
Fed will resist political pressure to pursue green…
During his address at Stanford University on Wednesday, Fed Chairman Jerome Powell stressed that the Federal Reserve is not a climate regulator and will firmly…
               
US Treasury Chief hints at action against China’s…
On Wednesday, US Treasury Secretary Janet Yellen did not dismiss the possibility of taking further measures to safeguard American clean energy sectors against China's overinvestment…
               
Australia to invest $1 billion in solar panel…
Australian Prime Minister Anthony Albanese has unveiled the Solar Sunshot program to bolster the nation’s renewable energy sector and create job opportunities in regional areas.…
               
CARB files motion to dismiss lawsuit challenging California’s…
The litigation over California's climate disclosure rules, specifically Senate Bill 253 (Climate Corporate Data Accountability Act) and Senate Bill 261 (Greenhouse gasses: climate-related financial risk),…
               
EU sustainability reporting standards could impact over 1,300…
The Institute for Sustainable Finance (ISF) has issued a warning that corporate sustainability reporting standards introduced by the European Union (EU) could have significant implications…
               
US finalizes tighter tailpipe emissions standards for heavy-duty…
On Friday, the US government announced it was in the final stages of implementing more stringent tailpipe emissions standards for heavy-duty vehicles such as semi-trucks…
               
Shipping industry faces regulatory hurdles in the race…
Global shipping companies are feeling mounting pressure to reduce their carbon emissions. However, executives point to the complexity arising from vague regulatory frameworks, especially regarding…
               
EU countries call for urgent revision of anti-deforestation…
According to a document examined by Reuters on Monday, a coalition of EU nations, led by Austria, is urging immediate revisions to the bloc's forthcoming…
               
Biden administration to invest $6 billion in industrial…
The US Department of Energy (DOE) announced the selection of 33 projects slated to receive funding of up to $6 billion. These initiatives aim to…
               
Regulators address seabed mining challenges amidst EV battery…
A marine scientist has emerged as a potential new leader for the International Seabed Authority (ISA), signalling a possible shift in the organization's approach to…
               
Real estate investors grapple with CO2 shock, turn…
Real estate investors, already struggling with high interest rates, are now confronting the potential for substantial losses prompted by recent European regulations.
               
US judge issues temporary block on $649 million…
According to attorneys involved in the case, a federal judge, on Friday, temporarily blocked a land swap needed before developers can build a major clean…
               
Biden’s latest move on auto emissions expected to…
On Wednesday, the Biden administration implemented strict tailpipe emission limits to curb pollution from the country's cars and light trucks. These measures are so stringent…
               
US-China take proactive steps in methane emission reduction,…
According to the deputy US special envoy on climate change, cooperation between the United States and China regarding methane reduction is progressing. He highlighted an…
               
China opens consultation for aluminum smelters in ETS…
The Chinese Ministry of Ecology and Environment (MEE) has initiated a consultation process for the inclusion of aluminum smelters in its national compliance emission trading…
               
Malaysia’s Ministry of NRES developing National Carbon Market…
The Ministry of Natural Resources and Environmental Sustainability (NRES) in Malaysia is currently undertaking a study on the National Carbon Market Policy (DPKK), with completion…
               
Ed Miliband warns of Sunak and ministers dividing…
In a speech, Ed Miliband, Labour shadow energy minister, warned that Sunak and other ministers are fueling division over the UK's net zero target rather…
               
Germany & Canada agree to kickstart trade of…
Canada and Germany have agreed on steps to promote the trade of hydrogen, a cleaner alternative to fossil fuels. Both countries will contribute €200 million…
               
Warwickshire introduces new policy to enhance EV charging…
In a move aimed at bolstering the infrastructure for electric vehicle (EV) owners, Warwickshire County Council (WCC) has unveiled a groundbreaking EV Parking Policy. This…
               
Delhi government unveils ambitious solar policy 
The Aam Aadmi Party (AAP) government in Delhi has announced the implementation of the new Delhi Solar Policy, 2024, aimed at significantly increasing the adoption…
               
US appeals court temporarily halts SEC climate disclosure…
On Friday, a US appeals court temporarily halted the implementation of new Securities and Exchange Commission (SEC) rules mandating public companies to disclose climate-related risks. 
               
US Senate passes bipartisan legislation to boost recycling…
The US Senate has taken a significant step forward in addressing recycling and composting challenges by passing two bipartisan bills aimed at improving data collection…
               
Adani Green Energy operationalizes additional 126 MW wind…
Adani Green Energy Limited (AGEL) has achieved another milestone in its renewable energy portfolio by operationalizing an additional 126 MW capacity of a wind power…
               
US Chamber of Commerce files lawsuit against SEC…
On Thursday, the US Chamber of Commerce announced that it has initiated legal action against the US Securities and Exchange Commission's recently implemented regulations mandating…
               
Biden administration proposes significant fuel tax hike for…
In line with President Biden's State of the Union Address promise to address tax disparities, the Biden administration has unveiled a proposal to substantially increase…
               
Banking climate coalition to report on capital markets…
On Wednesday, a climate coalition supported by the United Nations and focused on banking released revised guidelines for its members. 
               
US climate envoy urges Japan to accelerate renewables,…
During his visit to Japan, John Podesta, the top US climate envoy, stressed the importance of speeding up the use of renewable energy, especially offshore…
               
Climate Change Commission urges government action to cut…
The Climate Change Commission has issued a stern call to the New Zealand government, urging swift action to reduce the surplus of carbon credits available…
               
Insurers express concerns over greenwashing amid tightening ESG…
Amidst increasing scrutiny over environmental, social, and governance (ESG) practices, insurers are grappling with concerns surrounding greenwashing, according to a recent survey conducted by Ortec…
               
37th International Cotton Conference in Bremen to address…
The Bremen Cotton Exchange and Fibre Institute Bremen are gearing up for the 37th International Cotton Conference in Bremen from March 20 to 22, expecting…
               
WWF urges central banks in Africa to integrate…
Recent research by the WWF Sustainable Financial Regulations and Central Bank Activities (SUSREG) reveals that several central banks and financial supervisors are actively incorporating "green"…
               
Blended finance key for India’s $1 trillion climate…
India requires approximately $1 trillion by 2030 to fulfill its climate change adaptation objectives. To mobilize private investments, India will need to pursue blended finance.
               
Canada & US to review cross-border dispute over…
As announced on Monday, Canada and the United States have jointly agreed to assess a longstanding cross-border conflict concerning the contamination of coal mines in…
               
Japan approves installation of offshore wind power in…
On Tuesday, Japan's government greenlit a proposed amendment to current laws, enabling the establishment of offshore wind power within exclusive economic zones (EEZ). 
               
Volkswagen quits Australian auto lobby over fuel standards…
Amidst a growing rift over new fuel standards, Volkswagen announced its withdrawal from the policymaking committee of Australia's auto lobby. The decision follows Tesla's recent…
               
Texas pushes back against EPA’s new methane rule
In a move against federal regulations, Texas, the largest energy-producing state in the nation, lodged a complaint urging a court to halt a recent rule…
               
US Treasury steps away from collecting insurer data…
The US government is shifting away from collecting data on home insurance prices and availability at the zip code level as premiums rise and climate…
               
New Jersey advances bill to divest from fossil…
In a bold move towards environmental sustainability, the New Jersey Senate Environment and Energy Committee has advanced a bill mandating the divestment of state retirement…
               
Green groups slam SEC over exclusion of Scope…
The US Securities and Exchange Commission approved new climate disclosure requirements for public companies, part of the Biden administration's climate policy. 
               
Haryana unveils draft Green Hydrogen Policy to drive…
The Haryana government has unveiled a draft, 'Haryana Green Hydrogen Policy 2024', aiming to generate 250 kilotonnes per annum (ktpa) of green hydrogen by 2030.…
               
Tesla cuts ties with Australian auto lobby over…
On Thursday, Tesla announced its decision to withdraw from Australia's major auto lobby and resign from its board, alleging that the organization had misled consumers…
               
Republicans, industry groups file lawsuit against EPA over…
On Wednesday, a coalition of Republican-led states and industry groups filed three lawsuits contesting a recent US Environmental Protection Agency regulation strengthening air quality guidelines…
               
US SEC adopts climate-related risk disclosure rules 
A West Virginia Attorney General's Office spokesperson announced on Wednesday that ten states led by Republicans have initiated legal action to contest new federal regulations…
               
US solar industry to benefit from Inflation Reduction…
In 2024, the US solar industry is projected to maintain its growth, following its significant contribution of over 50% of new electricity capacity added to…
               
EU strikes deal to ban single-use plastics
EU negotiators reached a historic agreement on Monday to ban single-use plastic packaging for items like fresh fruit and vegetables, mini hotel toiletries, and fast…
               
Brazil’s energy industry pushes for new hydroelectric plants…
Brazil's energy sector is initiating a new effort to construct additional hydroelectric plants alongside the rising number of solar and wind power initiatives. However, past…
               
France aims to curb fast fashion’s environmental impact…
French ruling-majority MPs propose a new bill suggesting penalties of up to 50% of the selling price for fast fashion brands like Shein. 
               
UN launches key panels for Paris Agreement-aligned carbon…
In a significant move towards combating climate change, the United Nations has initiated the implementation of a new carbon crediting mechanism aligned with the Paris…
               
UNEA-6 wraps up with plastic pollution in spotlight 
The Sixth United Nations Environmental Assembly (UNEA-6) wrapped up on March 1, 2024, leaving delegates divided over the final Ministerial Declaration's stance on plastic pollution…
               
EV boom will boost US lithium imports from…
Janet Yellen, the US Treasury Secretary, expects that the growing demand for lithium, a crucial element in electric vehicle batteries, will significantly increase US imports…
               
Invesco becomes the fifth major asset manager to…
On Friday, Invesco became the fifth prominent US investor to withdraw or reduce its participation in the Climate Action 100+ coalition of investors, advocating for…
               
UK ministers accused of shifting aid funds to…
Ministers face allegations of "moving the goalposts" to fulfill the UK’s global climate promises, as £1.7bn from the aid budget is redirected to environmental aid…
               
Biden EPA trims power-plant rule, eyes future gas…
The Biden administration is refining its plan to reduce greenhouse gases from electricity and will set stricter pollution limits for natural gas plants. 
               
EPA targets oil and gas industry with new…
The Environmental Protection Agency (EPA) is set to introduce a new rule aimed at curbing methane emissions from the oil and gas industry. The rule,…
               
EU nature restoration package passes amid controversy
The European Parliament voted on Tuesday to approve the nature restoration package, with 329 votes in favor, 275 against, and 24 abstentions. The legislation mandates…
               
US SEC to vote on climate disclosure rules
The US Securities and Exchange Commission (SEC) will decide whether to implement rules mandating that US-listed firms disclose climate-related risks, the agency said in a…
               
New Zealand to review forestry costs in emissions…
The New Zealand government announced it will start an independent review of the expenses related to the forestry part of the country's Emissions Trading Scheme. 
               
EU’s corporate supply chain law stalls; faces backlash…
A law in the European Union aimed at improving corporate supply chains has been stopped by the largest member states, pushing negotiators to reassess the…
               
DOE and EPA to offer $1 billion in…
In a joint effort, the US Department of Energy (DOE) and the US Environmental Protection Agency (EPA) have announced plans to issue a Funding Opportunity…
               
EU eases gas consumption rules as energy crisis…
The European Commission urges EU nations to continue reducing gas usage but has made the policy voluntary, showing optimism that the worst of Europe's energy…
               
Europe’s heat pump sales fall for the first…
Heat pump sales in Europe dropped last year, marking the first decline in ten years. Falling natural gas prices, higher interest rates, and political opposition…
               
China to implement interim regulations for Carbon Emission…
China's Ministry of Ecology and Environment (MEE) announced on Monday that the Interim Regulations for the Management of Carbon Emission Trading will take effect on…
               
Germany proposes draft law to enable carbon capture…
Germany's economy and climate ministry have unveiled proposals for legal changes to facilitate the deployment of carbon capture and storage or use (CCS/CCU), along with…
               
EU import charges on carbon-intensive products expected to…
According to research by the Asian Development Bank (ADB), the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM) is projected to have only a modest…
               
Italy approves $6.8 billion package for tech and…
Prime Minister Giorgia Meloni's government has given the green light to a €6.3 billion ($6.8 billion) package to support Italian industries' technological advancement and green…
               
Regulators rush to seal Biden’s climate plans before…
US federal regulators are rushing to finalize climate initiatives proposed by the Biden administration. These initiatives cover many areas, from the types of vehicles people…
               
PM Rishi Sunak faces criticism for attending anti-climate…
As revealed by the Observer, UK Prime Minister Rishi Sunak attended a protest with a group known for spreading climate change conspiracy theories and opposing…
               
Canada’s 2030 emissions goal at risk as businesses…
A new report warns that Canada is struggling to meet its 2030 emissions target because businesses are holding off on low-carbon projects due to uncertainty…
               
UK withdraws from Energy Charter Treaty amid reform…
The UK government has announced its withdrawal from the Energy Charter Treaty (ECT), citing the failure to reform the post-Cold War treaty adequately. Initially designed…
               
World’s biggest climate investor group seeks to strengthen…
The largest climate investor group, Climate 100+ (CA100+), reassured its members that its methods comply with US antitrust and securities laws, per Reuters' letters on…
               
US regulatory body omits certain emissions disclosure mandates…
The US Securities and Exchange Commission (SEC) has decided to remove some of the ambitious greenhouse gas emission disclosure rules from its corporate climate risk…
               
Carbon footprint concerns shake real estate market, investors…
Real estate firms are seeing a significant drop in property values because European rules push investors and bankers to avoid buildings with high carbon emissions. 
               
US battery sales surge after California slashed rooftop…
Solar and battery storage firm Sunrun Inc. is experiencing a rise in battery sales in the US, notably in California, the country's largest solar market.…
               
Brazil to roll out measures to help with…
Brazil's government plans to introduce new measures next Monday to assist foreigners with foreign exchange hedges for their investments in sustainable development. The goal is…
               
China’s 2023 rise in coal approvals puts climate…
In 2023, China waved the green flag for an additional 114 gigawatts (GW) of coal power capacity, marking a 10% increase from the previous year. 
               
Britain withdraws from Energy Charter Treaty over failure…
Britain announced on Thursday its decision to join other European nations in exiting the International Energy Charter Treaty. 
               
Australia initiates consultation on climate-related financial disclosure rules
The Australian Treasury has launched a consultation to gather feedback on proposed rules regarding climate-related financial disclosure, aiming to align with recommendations from the International…
               
Malaysia considers mandatory sustainability reporting based on International…
The Securities Commission of Malaysia has announced the initiation of a consultation process regarding the potential adoption of the International Sustainability Standards Board (ISSB) standards,…
               
EU reaches provisional agreement on Carbon Removal Certification…
Negotiators representing the European Parliament and EU member states have reached a provisional agreement on establishing a certification framework for carbon removal within the EU.…
               
IEA’s reports influenced by governments’ low carbon targets,…
The International Energy Agency (IEA) in Paris releases an annual report that significantly influences government policies and billions of dollars in energy investments. An energy…
               
Campaign groups accuse UK’s climate strategy of misleading…
Three environmental groups have told London's High Court that Britain's new climate action plan is unlawful because ministers received incorrect information about meeting emissions targets. 
               
Australia launches consultation on climate-related financial disclosure rules
Australia is embarking on a consultation process to gather feedback on proposed climate-related financial disclosure rules in line with recommendations from the International Sustainability Standards…
               
US to ease emission targets in climate push;…
According to Reuters sources, the Biden administration plans to ease yearly requirements until 2030 in its ambitious effort to reduce tailpipe emissions and boost electric…
               
Toyota faces scrutiny for cheating engine emissions tests
Japan's transport ministry is preparing to act against a Toyota Motor Corp affiliate for cheating engine emissions tests. This could involve withdrawing certification for specific…
               
FRA Chairman announces initiatives to fortify Egypt’s financial…
Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), revealed a series of initiatives to strengthen Egypt's non-banking financial sector while promoting sustainability. 
               
Government issues guidelines for pilot projects using green…
The government has released guidelines for initiating pilot projects to utilise Green Hydrogen as fuel in buses, trucks, and four-wheelers, marking a significant step towards…
               
Wisconsin’s climate goals clash with fossil fuel projects 
Wisconsin Governor Tony Evers recently secured federal funding to purchase 70,000 acres of the Pelican River Forest, marking the state's largest conservation effort. 
               
New York State Retirement Fund to divest from…
The New York State Common Retirement Fund, overseeing $260 billion in assets, announced plans to divest from Exxon Mobil Corp. and seven other oil and…
               
Activists barge into Canada finance minister’s office, insist…
Climate activists storm into Canadian Finance Minister Chrystia Freeland's Toronto office, urging the government to include bank climate regulations in its 2024 budget. 
               
European ethanol producers challenge EU’s Aviation Biofuel Regulation…
European renewable ethanol producers have initiated legal action against the EU's RefuelEU Aviation Regulation, arguing that it unfairly excludes crop-based biofuels from efforts to mitigate…
               
Korean financial regulator to roll out ESG investment…
South Korea’s Financial Services Commission (FSC) announced plans to introduce guidelines for public disclosures on investments aligned with environmental, social, and governance (ESG) objectives by…
               
US Treasury: Dealers reimbursed $135 million in EV…
The US government has refunded auto dealers approximately $135 million in advance electric vehicle (EV) tax credit payments from the beginning of the year until…
               
Canada rebrands carbon tax, highlights rebates
The Canadian government, aiming to protect its crucial carbon tax from opposition criticism, introduced a new branding strategy. 
               
Investors grapple with the Scope 3 emissions in…
As asset managers initially pledged to align their portfolios with net-zero emissions, they largely sidestepped the critical issue of Scope 3 emissions. 
               
EU parliament proposes stricter restrictions on carbon offsets…
The European Parliament is poised to enforce stringent limits on carbon offsetting arrangements, signalling a crackdown on greenwashing within the EU. 
               
California agency rejects Stellantis bid to void 2019…
A California agency turned down Stellantis' attempt to cancel a 2019 emissions deal with rival automakers. 
               
EU plans diplomatic push for global carbon trading
According to the European Union’s (EU) climate policy chief, the bloc plans to help non-member countries start carbon markets to promote global trading of CO2…
               
Trump could roll back anti-coal diplomacy despite continued…
At the International Energy Agency meeting, US Special Presidential Envoy for Climate John Kerry mentioned that if Donald Trump is re-elected, he may not halt…
               
California releases plan to phase out fracking, ending…
After three years of halted fracking activity, Governor Newsom's California Geologic Energy Management Division unveiled its proposal to phase out fracking in the state formally.…
               
Three COP summit hosts come together to accelerate…
The United Arab Emirates, which hosted COP28 last year, along with Azerbaijan and Brazil, hosts of the upcoming UN climate summits, announced on Tuesday their…
               
EU passes truck emissions law despite German resistance
European Union countries voted to pass a law aiming to reduce truck emissions after Germany's late demands almost derailed it. 
               
Brazil’s 2024 electric bills to reflect larger renewable…
By 2024, Brazil's renewable energy subsidies will exceed those for fossil fuel bills at thermoelectric plants, possibly raising taxpayers' electricity costs, reports Aneel, the electricity…
               
US Government to fund methane reduction projects 
On Friday, the US Environmental Protection Agency (EPA) and the Department of Energy (DOE) released a notice of intent to fund projects that aim to…
               
European Commission announces strategy to boost industrial CCS…
The European Commission announced its strategy to significantly boost industrial carbon capture, storage (CCS), and utilization capacity across the EU, marking a pivotal step in…
               
Washington state bill proposes 10% SAF blend requirement…
Legislation currently under consideration in Washington state aims to mandate airport operators to offer a minimum blend of 10% sustainable aviation fuel (SAF) for private…
               
Britain’s Labour Party to back out of its…
According to sources reported by the BBC on Wednesday, Britain's opposition Labour Party is withdrawing its £28 billion ($35.34 billion) commitment to invest in green…
               
EU truck emission goals in jeopardy as German…
Disagreements within Germany's three-way coalition may hinder EU plans to reduce truck emissions. The pro-business Free Democrats (FDP) raised unexpected objections, causing the German government…
               
Environmental Agency to review complaint on emissions from…
On Tuesday, the Commission for Environmental Cooperation (CEC), responsible for environmental matters in the US, Mexico, and Canada, announced that it would assess a complaint…
               
Industrial gases firm says US green subsidies won’t…
Linde CEO Sanjiv Lamba told Reuters, during a post-earnings call, on Tuesday that the recent changes to Inflation Reduction Act (IRA) subsidies for clean energy…
               
EU Commission set to propose major CO2 cuts…
The European Commission plans to suggest on Tuesday that the EU should reduce the amount of greenhouse gases it produces by 90% by the year…
               
China toughens rules for industrial polluters ahead of…
China has made its rules stricter for factories and other industries that cause excessive pollution, part of its national carbon market. 
               
China implements stricter rules to combat carbon trading…
On Sunday, China introduced new regulations to better oversee carbon trading and clamp down on emissions data fraud. These rules, approved by China's cabinet, take…
               
New Mexico House passes carbon credit swaps bill 
The New Mexico House of Representatives has passed a proposal to incentivize fuel companies to invest in cleaner options by allowing them to purchase carbon…
               
US House to vote on overturning Biden’s freeze…
The US House of Representatives, next week, will decide whether to cancel the Biden administration's temporary block on approving the export of liquefied natural gas…
               
EC launches probe Into Swedish tax exemption schemes…
The European Commission has initiated an in-depth investigation to assess the compliance of two Swedish tax exemption schemes for non-food-based biogas and bio-propane with European…
               
Lawsuit filed against California’s new climate laws, plaintiffs…
The State of California is facing a lawsuit against two out of three of its new climate laws, namely the ‘Climate Corporate Data Accountability Act’…
               
White House senior adviser John Podesta to replace…
On Wednesday, the White House announced that John Podesta, a senior adviser, will take over from John Kerry as the US climate change diplomat. 
               
European Central Bank announces climate and nature plan…
The European Central Bank (ECB) has introduced a new "climate and nature plan 2024-2025" to address the increasing impact of the climate crisis on the…
               
Indonesia permits 30% of overseas CO2 in new…
Indonesia's new presidential regulation on carbon capture and storage (CCS) allows operators to reserve 30% of storage for imported CO2. 
               
Top US business groups sue California over climate…
Big business groups including the US Chamber of Commerce and the American Farm Bureau Federation have filed a lawsuit against California seeking to cancel the…
               
Biden administration sets rules to make gas &…
The Biden administration has introduced new energy-saving rules for kitchen stoves to cut utility bills and enhance reliability. These rules won't prohibit gas stoves. 
               
Kenya publishes draft Carbon Market Regulations for public…
The Kenyan government released draft Carbon Market Regulations, on 29th January, inviting public scrutiny and submissions until early February 2024. 
               
Ethics code proposed to combat greenwashing in ESG…
Companies responsible for verifying environmental, social, and governance (ESG) claims may be required to adhere to a new ethics code to address greenwashing, according to…
               
India launches framework for voluntary carbon markets in…
The Indian central government has introduced a ‘Framework for Voluntary Carbon Market in Agriculture Sector and Accreditation Protocol of Agroforestry Nurseries’ to encourage voluntary carbon…
               
EU adopts legislation to phase down 500 million…
The European Council on Monday announced the adoption of new legislation aimed at phasing down highly potent greenhouse gases, including fluorinated gases (F-gases) and ozone-depleting…
               
Exxon’s lawsuit concerns shareholders advocating environmental and social…
Shareholders who use resolutions to push companies on environmental and social matters are concerned that a lawsuit by Exxon Mobil, skipping the US securities regulator,…
               
Democrats want Biden’s Power, EV climate plan to…
Democrats in swing states are expressing concerns about President Biden's environmental policies. They worry that these policies, which focus on areas like pollution reduction from…
               
Bipartisan legislation aims to boost sustainable aviation fuel…
Senators Grassley, Moran, Ernst, Klobuchar, Duckworth introduce Farm to Fly Act, leveraging USDA programs to advance sustainable aviation fuel development.
               
Upcoming Biden policy to impact natural gas exports,…
The Biden administration is expected to announce plans in the coming days to increase environmental scrutiny on applications for natural gas exports. 
               
Opinion polls suggest 2024 EU elections could make…
The upcoming European Parliament election might complicate the approval of ambitious climate change policies if, as recent polls indicate, takes a "sharp right turn." 
               
German farmers block Berlin as protests erupt against…
Berlin's city center faced a standstill as thousands of German farmers, supported by workers from various industries, protested against rising costs and the government's plan…
               
EU to cut 90% emissions by 2040
In an ambitious move, the European Union’s executive arm is set to recommend a 90% net reduction of greenhouse gases by 2040 from 1990 levels. 
               
Indonesia to triple its biomass consumption in 2024 
Indonesia plans to increase its use of biomass in power generation to 2.83 million metric tons in 2024, three times the 991,000 tons consumed last…
               
EU bans ‘misleading’ sustainability claims relying on offsets
The EU parliament on Wednesday voted to ban the use of terms such as “climate neutral” or “climate positive” for products and services. This decision…
               
Climate advisors tell EU to revamp its existing…
Official advisors have told the European Union to revise its climate policies to promptly move towards the phase-out of fossil fuels and achieve climate targets…
               
UK government grants Drax approval for carbon capture…
The UK government has granted approval to Drax for its planning application to convert two biomass units at the Drax power station to utilize bioenergy…
               
US, China chart new climate plans post veteran…
US and China, the world’s biggest two greenhouse gas emitters are charting a new climate plan as John Kerry and Xie Zhenhua, stepped down from…
               
Methane drama: Republicans smash EPA; big oil’s involvement…
The US Environmental Protection Agency (EPA) has come under fire from House Republicans for its Methane Emissions Reduction Program. 
               
EU to develop new law after plastic pellets…
European Union (EU) lawmakers are looking into developing a stronger law against microplastic pollution, after millions of tiny pellets of microplastic washed up on the…
               
New ‘farming toolkit’: A comprehensive guide for UK…
The Green Finance Institute (GFI) on January 11 has launched a new digital platform to help farmers understand and be a part of the fast-growing…
Woodside’s shareholder rejects climate plan

Woodside’s shareholders on Wednesday voted against the company’s climate plan, halting its plan for new fossil fuel projects and dealing a significant blow to Australia’s […]

Calls mount for accelerated action on sustainable finance taxonomy in Canada

In two separate open letters released recently, advocates have urged the Canadian federal government to expedite the development of a sustainable finance taxonomy aimed at […]

Australian securities regulator urges firms to prepare for mandatory climate disclosure rules

Joe Longo, Chair of the Australian Securities and Investments Commission (ASIC), has underscored the necessity for Australian businesses to ready themselves for forthcoming mandatory climate […]

Scotiabank’s 2024 Net Zero Research Fund calls out for grant submissions

Scotiabank, one of Canada’s largest multinational banking firms in Toronto, revealed its call for grant submissions. The Net-Zero Research Fund is open to organizations within […]

Biden administration announces $7 billion grants for residential solar projects on Earth Day

In a landmark move coinciding with Earth Day, the Joe Biden administration unveiled a $7 billion initiative aimed at facilitating the installation of residential solar […]

Climate bonds standard expands certification to promote deforestation-free agri-food chains

In response to the urgent need for sustainable agri-food systems amidst climate change and biodiversity loss, the Climate Bonds Standard has broadened its Certification to […]