ISS backs Toyota shareholder proposal on climate disclosure

By Daniel Leussink and Makiko Yamazaki TOKYO (Reuters) -Proxy adviser Institutional Shareholder Services (ISS) has recommended that shareholders of Toyota Motor Corp vote in favour of a resolution urging the automaker to improve disclosure of its lobbying related to climate change. ISS in a report also regarded three of Toyota’s four outside director nominees as…

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Pacific islands, in spotlight, to push climate change in South Korea summit

By Kirsty Needham SYDNEY (Reuters) – Pacific island leaders will meet South Korea’s President Yoon Suk Yeol in Seoul on Monday, their third summit in a week with a large economy as the region seeks stronger action on climate change as it becomes a focus of geopolitical power attention. The Pacific islands span 40 million…

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Exclusive-IMF, others should give $100 billion climate FX guarantee – document

By Simon Jessop and Marc Jones LONDON (Reuters) -A top-level meeting in Paris next month will lay out a $100 billion plan to drive more money into climate and development finance in poorer countries by providing currency guarantees to investors, according to a document seen by Reuters. The plan, which has not previously been reported,…

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APEC trade chiefs agree on more inclusive trade, but no joint statement

By David Lawder DETROIT (Reuters) – Trade ministers from the Asia Pacific Economic Cooperation (APEC) countries agreed on Friday to promote more inclusive and sustainable trade, but failed to produce a joint statement due to Russia and China’s objections to language on Ukraine. Closing out two days of talks in Detroit, the APEC host, U.S….

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US court questions another Equitrans Mountain Valley natgas pipe permit

(Reuters) – U.S. energy company Equitrans Midstream Corp’s long-delayed $6.6 billion Mountain Valley natural gas pipeline from West Virginia to Virginia received another negative court ruling on Friday. The U.S. Court of Appeals for the District of Columbia Circuit ruled the U.S. Federal Energy Regulatory Commission (FERC) “inadequately explained its decision not to prepare a…

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Power transmission deal being mulled in US debt limit talks -sources

By Timothy Gardner and Jarrett Renshaw WASHINGTON (Reuters) -A bill to boost power transmission between U.S. regions is being considered as part of talks between White House and congressional Republicans to raise the debt ceiling, two sources with knowledge of the talks said. The measure from Senator John Hickenlooper and Representative Scott Peters, both Democrats,…

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Tear gas taints the air as TotalEnergies AGM rejects climate activist resolution

By Benjamin Mallet and America Hernandez PARIS (Reuters) – TotalEnergies shareholders rejected an activist resolution on Friday urging faster cuts to the oil major’s greenhouse gas emissions programme after police intervened to stop climate protesters disrupting its annual general meeting. The resolution, filed by climate group Follow This and 17 institutional investors with a total…

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Norway targets U.S. oil majors as climate activist resolution boosted at TotalEnergies

By Victoria Klesty, Benjamin Mallet and America Hernandez (Reuters) -Pressure mounted on oil majors on Friday as Norway’s giant sovereign wealth fund said it would vote against CEOs at Chevron and Exxon and support for a climate activist resolution at TotalEnergies’ AGM surged to over 30%. Together with peers BP and Shell, the companies face…

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Erdogan defies predictions of political demise ahead of Turkey election runoff

By Can Sezer and Jonathan Spicer ISTANBUL (Reuters) – President Tayyip Erdogan has defied forecasts of his political demise in Turkey’s elections, rallying voters with a potent mix of religious conservatism and nationalism that looks set to propel his rule into a third decade on Sunday. Though he has yet to clinch victory – Erdogan…

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