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.
Canada’s top pension funds boost investments in high-carbon oil sands
Canada’s biggest pension managers boosted their investments in the country’s major oil sands companies in the first quarter of 2021, raising questions about the funds’ recent commitments to greening their portfolios.
Exclusive: BlackRock backs 3 director nominees challenging Exxon board -sources
BlackRock, Exxon Mobil Corp’s (XOM.N) second largest shareholder, is backing several of upstart hedge fund Engine No. 1’s candidates to join the company’s board, in a blow to the energy giant, according to people familiar with the matter.
EU leaders to debate who will pay for green transition
European Union leaders meet on Tuesday to debate how to split the efforts and costs of the bloc’s shift to a low-carbon future, at a summit that will set the tone for an upcoming revamp of EU climate change policies.
Asia snubs IEA’s call to stop new fossil fuel investments
Asian energy officials on Wednesday disputed the International Energy Agency’s (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.
U.S. seeks to polish tarnished reputation with new climate change pledges ahead of Earth Day
WASHINGTON/BRUSSELS (Reuters) -The United States hopes to restore its shattered credibility when it hosts a climate change summit next week by pledging to cut its greenhouse emissions by at least half and securing agreements from allies for faster reductions, according to two sources familiar with the matter.
