U.S. lawmakers to propose tax credit for sustainable aviation fuel
U.S. lawmakers plan to introduce a bill on Thursday that would create a tax credit for lower-carbon sustainable aviation fuel, which they hope will slash emissions of greenhouse gases from the aviation industry.
Analysis: To tackle climate change, China must overhaul its vast power grid
One of the most pressing challenges for China to meet its pledge to cap carbon emissions this decade and pivot toward renewables is overhauling its electricity grid, the world’s largest, officials and analysts say.
Ditch new fossil fuel spending to reach net zero emissions – IEA
Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, in the top global watchdog’s starkest warning yet to curb fossil fuels.
In energy-reliant Canada, banks and investors face dilemma in meeting emissions target
Canadian banks’ commitments to “net-zero financed emissions” by 2050 have drawn doubts from many investors, given the lack of a defined goal, details and their continued support for oil and gas companies, even if partially aimed at helping them transition to alternatives. But their growing funding for green projects also presents a dilemma for shareholders […]
German prosecutors charge more VW managers in emissions scandal
German prosecutors have charged 15 executives from Volkswagen AG (VOWG_p.DE) and a car supplier in connection with the diesel emissions scandal that emerged in 2015, a spokesman for the prosecutor’s office said on Saturday.
BHP lays down goals to cut own emissions by 30% by FY2030
MELBOURNE (Reuters) – BHP Group BHP.AX will focus on cutting its operational emissions by 30% by the 2030 financial year from 2020 levels, and will link executive bonuses to its progress, its chief executive said in a climate strategy update on Thursday. The world’s biggest listed miner will focus on using cleaner forms of power supply as […]
