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Boston mayor divests vulnerable city from fossil fuels

Wed, 11/24/2021 - 6:56am
Boston Mayor Michelle Wu signed an ordinance Monday designed to divest the city from fossil fuels.

HSBC launches indexes that screen firms for biodiversity risk

Wed, 11/24/2021 - 6:54am
Investors looking for ESG strategies have been handed a new group of indexes promising to focus on biodiversity by excluding companies that are found to pose a threat to nature.

Carney: Carbon offsets must be limited to residual emissions

Wed, 11/24/2021 - 6:53am
The use of carbon offsets should be a last resort to cover only a small fraction of emissions if the world is to achieve meaningful decarbonization, according to Mark Carney, the co-chair of the Global Financial Alliance for Net Zero.

E.U. steps up push to remove carbon from atmosphere

Wed, 11/24/2021 - 6:53am
The European Union wants to use technology to remove 5 million tons of carbon dioxide from the atmosphere annually by 2030, as part of its goal to reach carbon neutrality by midcentury, according to a document seen by Bloomberg.

Mass. solar setback may threaten climate plans

Wed, 11/24/2021 - 6:50am
The solar industry is warning that a long-delayed expansion of Massachusetts small-scale solar incentives could thwart the state’s climate goals, underscoring the regulatory bottlenecks that can block renewable energy around the country.

Businesses embraced net zero, then realized it's daunting

Wed, 11/24/2021 - 6:49am
Two large polls of over 1,000 business executives worldwide show that many of them set bullish decarbonization goals in 2020 without realizing how difficult and expensive getting to “net zero” might be.

Biden's dilemma: Releasing oil and reducing emissions

Wed, 11/24/2021 - 6:48am
President Biden has vowed to "do what needs to be done" to lower gasoline prices. But that doesn't mean "drill, baby, drill."

Biden’s EJ promises might not cover other countries

Wed, 11/24/2021 - 6:47am
When U.N. climate talks were reaching their apex earlier this month, U.S. climate envoy John Kerry met on the sidelines of the conference with American environmental justice advocates. They came away startled.

Climate pioneers flee fire, heat for famously frigid Duluth

Wed, 11/24/2021 - 6:43am
Climate change is expected to remake where Americans choose to live in the United States. Many will settle close to their old homes. But a few — the pioneers — are looking to climate havens such as Duluth, Minn.

Study: Warmer summers worsen tick infestations for U.S. moose

Tue, 11/23/2021 - 6:57am
It's a ghastly sight: ticks by tens of thousands burrowed into a moose's broad body, sucking its lifeblood as the agonized host rubs against trees so vigorously that much of its fur wears away.

E.U. targets methane leaks, steps up drive to cut emissions

Tue, 11/23/2021 - 6:56am
The European Union is set to intensify efforts to curb methane emissions within the bloc and tackle releases of the gas associated with imports, according to a draft document seen by Bloomberg.

Colombia presidential front-runner would end new oil exploration

Tue, 11/23/2021 - 6:56am
Colombian front-runner Gustavo Petro said his first decision as president would be to stop awarding oil exploration contracts, according to an interview with El Tiempo.

ECB: Most European banks still don't have climate strategies

Tue, 11/23/2021 - 6:55am
The European Central Bank has warned that most lenders it oversees have yet to produce concrete plans showing how they will change their business strategies to account for climate change.

Chamber and its members at odds over climate risk disclosure

Tue, 11/23/2021 - 6:55am
BlackRock Inc., Citigroup Inc. and other Wall Street giants support the Biden administration's effort to require companies to disclose their climate risks to investors. But many of those same firms also belong to the U.S. Chamber of Commerce, an influential trade association that opposes the Securities and Exchange Commission's push to require climate risk disclosures.

DeSantis names Hill aide as Fla.'s resilience chief

Tue, 11/23/2021 - 6:54am
Gov. Ron DeSantis has appointed a Washington veteran and aide to Florida congressional Republicans to head the state's climate change resilience efforts.

Global climate pledges could result in 3 C warming

Tue, 11/23/2021 - 6:53am
In the aftermath of the United Nations' annual climate conference earlier this month, scientists have a sobering message: The world still is not on track to meet its international climate goals.

Flood funding slashed in reconciliation package

Tue, 11/23/2021 - 6:53am
House Democrats have scaled back their ambitious plan to give communities a more accurate picture of their flood risk through improved flood maps and have trimmed a proposed new subsidy program that would help homeowners buy flood insurance. The "Build Back Better Act," passed by the House on Friday and headed to the Senate, includes far less money for the two flood programs than Democrats had proposed when they drafted the measure in September.

Biden keeps Jerome Powell. What it means for climate

Tue, 11/23/2021 - 6:51am
In nominating Jerome Powell yesterday for a second term as Federal Reserve chair, President Biden chose the conventional route — and in the process left many climate activists and advocates disappointed.

Adapting to climate is a winning issue — even in red states

Tue, 11/23/2021 - 6:49am
Bracing for global warming is the rare climate issue that appeals to both Republicans and Democrats, and 34 states have done some sort of climate-adaptation planning, according to Georgetown University's state policy tracker.

Calif. to expand emissions testing with new $419M center

Mon, 11/22/2021 - 6:36am
California last week dedicated a new $419 million research facility that will allow state air quality regulators to expand emissions testing for heavy duty vehicles like trucks, buses and bulldozers.