Airbus, Air France want EU green funds used for jet incentives – documents
Airbus (AIR.PA) and Air France-KLM (AIRF.PA) have urged policymakers to use EU-backed green stimulus funds to support aircraft sales, according to documents released on Thursday by InfluenceMap, an investor-led climate lobbying watchdog.
Does money grow on volcanoes? El Salvador explores bitcoin mining
El Salvador’s President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country’s volcanoes.
Bill Gates’ next generation nuclear reactor to be built in Wyoming
Billionaire Bill Gates’ advanced nuclear reactor company TerraPower LLC and PacifiCorp (PPWLO.PK) have selected Wyoming to launch the first Natrium reactor project on the site of a retiring coal plant, the state’s governor said on Wednesday.
Nasdaq and Fortum join forces to develop carbon removal market
Financial services company Nasdaq (NDAQ.O) and Finnish state-owned utility Fortum (FORTUM.HE) have joined forces to develop a trading platform for carbon removal credits, they said on Tuesday.
Analysis: Big oil may get more climate lawsuits after Shell ruling -lawyers, activists
A Dutch court’s decision to force Royal Dutch Shell (RDSa.L) to make deeper, faster cuts to its climate warming emissions on the basis of human rights could set a precedent, especially in European countries, according to lawyers and activists.
Exxon loses board seats to activist hedge fund in landmark climate vote
A tiny hedge fund dealt a major blow to Exxon Mobil Corp on Wednesday, unseating at least two board members in a bid to force the company’s leadership to reckon with the risk of failing to adjust its business strategy to match global efforts to combat climate change.
Shell ordered to deepen carbon cuts in landmark Dutch climate case
A Dutch court ordered Royal Dutch Shell to drastically deepen planned greenhouse gas emission cuts on Wednesday, in a landmark ruling that could trigger legal action against energy companies around the world.
EXCLUSIVE BMW, VW to face lowered EU fines over emissions collusion -source
BMW (BMWG.DE) and Volkswagen (VOWG_p.DE) are set to face reduced EU antitrust fines over clean air technology after regulators narrowed the scope of an investigation, a person familiar with the matter said.
Rabobank offers metal clients performance incentives on sustainability
Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets – and piloting penalties for the laggards, an executive from the Dutch lender said on Tuesday.
SPACs target more ESG companies in 2021 -Nomura Greentech
Companies with environmental, social and governance (ESG) credentials have been high on the list of merger targets for U.S. special purpose acquisition companies (SPACs) so far in 2021, data from Nomura Greentech showed.
