By Jacob Gronholt-Pedersen Copenhagen (Reuters) – The European Commission wants all planned regulations requiring fashion companies to produce clothes in a more sustainable way to be in place by 2028, the EU environment commissioner said on Tuesday. The Commission is looking to tackle textile consumption in Europe, which has the fourth highest impact on the…
(This June 21 story has been refiled to remove the picture) LONDON (Reuters) – U.S.-based ACE Green Recycling, which has developed a lead battery recycling process with no greenhouse gas emissions, said it will deploy its technology to Israel’s Hakurnas Lead Works. The deal to set up the processing at Hakurnas’ facilities in Israel and…
TEGUCIGALPA (Reuters) – Honduras’ military began taking control of the country’s violent prisons on Monday, following a gang dispute that left 46 inmates dead at a women’s detention center last week, officials said. Leftist President Xiomara Castro announced last week she would hand the military police control of the prison system, a departure from a…
(Reuters) – Costa Rica has unlocked a total of around $519 million for its economic reform program and a climate and sustainability program, the International Monetary Fund (IMF) said on Monday. Around $274 million went to the economic reform program, which is one installment in the more than $1 billion Costa Rica has received from…
By Leah Douglas WASHINGTON (Reuters) – The U.S. Department of Agriculture will spend $450 million to expand the production and availability of transportation fuels that are blended with higher volumes of biofuels, the agency said on Monday. The Biden administration sees the expanded use of lower-emission biofuels as critical to decarbonizing the transportation sector. The…
By Huw Jones and Simon Jessop LONDON (Reuters) – Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global rules aimed at helping regulators crack down on greenwashing. The norms published on Monday have been written by the International Sustainability Standards Board (ISSB) as trillions…
By Isla Binnie (Reuters) – BlackRock boss Larry Fink, at the forefront of the business world’s adoption of environmental, social and corporate governance (ESG) standards, has stopped using the term, saying it has become too politicized. But the world’s largest asset manager hasn’t changed its stance on ESG issues, Fink told the Aspen Ideas Festival…
(Reuters) – Canada’s Northern Dynasty Minerals said on Monday the Alaska district of the U.S. Army Corps of Engineers (USACE) has extended a deadline to comment on future plans regarding the Pebble copper mine to June 29. U.S.-listed shares rose 1.6% in premarket trading, after the second extension of the deadline. The Pacific Ocean Division…
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could potentially cost Volkswagen, Mercedes-Benz and others millions of euros. Companies could owe owners between 5% and 15% of the purchase price of their vehicle, the court ruled, in…
By Kanishka Singh (Reuters) – Tornadoes and thunderstorms hit the U.S. Midwest and South on Sunday, leaving dozens of homes damaged and at least three people dead in Indiana and Arkansas, authorities said on Monday. The National Weather Service said multiple tornadoes and severe storms were reported on Sunday in central Indiana and Arkansas. Emergency…
