Lawyers for rule challengers had said the court should take the rare step of granting rehearing because of the "significance of the issues."

The administration’s abrupt effort to repurpose the funds mere days before the end of the fiscal year appears to be illegal, the judge said.

The prime minister is reportedly not planning to attend the COP30 leaders’ summit in Brazil in November.

The move responds to concerns from industry and trading partners who argue the levy is easy to dodge and penalizes domestic exporters.

The former California governor supports the conference marking the 10th anniversary of Pope Francis' 2015 environmental encyclical.

The voluntary offset market is largely unregulated, and it’s really difficult to measure offsets, which can lead to them being overcounted.