By Tatiana Bautzer NEW YORK (Reuters) -Climate protesters spray painted graffiti on Citigroup Inc and Bank of America Corp. offices in New York’s Bryant Park on Monday, accusing the banks of being “climate criminals” a day before the lenders are scheduled to hold their annual shareholder meetings. “The largest banks in the world invest hundreds…
By Jeff Mason WASHINGTON (Reuters) – U.S. President Joe Biden will veto congressional efforts to overturn his solar tariff waiver for four Southeast Asian nations for two years, the White House said on Monday. In June, Biden waived tariffs on solar panels from Cambodia, Malaysia, Thailand and Vietnam in an effort to create a “bridge”…
By Nia Williams (Reuters) – The CEO of the Alberta Energy Regulator (AER) on Monday apologised for his organisation’s failure to fully inform local Indigenous communities about a toxic tailings leak from Imperial Oil’s Kearl oil sands mine in northern Alberta. Appearing before a parliamentary committee in Ottawa, Laurie Pushor echoed an apology made by…
By Nina Chestney and Susanna Twidale LONDON (Reuters) – After a bumper year for floating offshore wind farm tenders, the nascent industry is poised for explosive growth in the coming decade as countries strive to cut their carbon emissions. But it’s unlikely to be all plain sailing. Rising costs and supply chain bottlenecks have hit…
By Ross Kerber (Reuters) – U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse efforts face increasing pushback from businesses and pension funds looking to account for climate change and protect returns. Dozens of Republican-sponsored bills aim to free fossil fuel companies from climate-driven constraints adopted by some Wall…
By Tim McLaughlin (Reuters) – Hatfield’s Ferry Power Station, a Pennsylvania coal-fired power plant, stopped producing electricity in 2013. Its closure came in a wave of coal-plant shutdowns triggered by competition from cheaper, cleaner natural gas and incentives in the U.S. Clean Air Act. But the facility’s legacy of smog pollution continued long after it…
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules to help decarbonize the power sector in 12 years. The Environmental Protection Agency as soon as this week is expected to unveil…
By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon release defining what it means for a product to be American-made, according to industry officials. The Biden administration’s Inflation Reduction Act is offering billions of dollars in…
By Marc Jones LONDON (Reuters) – France’s central bank governor François Villeroy de Galhau has pushed back against criticism of central banks’ increasing involvement in the fight against climate change, calling the issue a “must have” focus. “Climate-related risks are clearly among the long-term risks to which financial institutions are exposed: monitoring these risks is…
By Kanishka Singh (Reuters) – A 45-foot tall Disneyland dragon burst into flames after catching fire late on Saturday during a show in Anaheim, California, causing those in attendance to flee, local media and officials said, adding no injuries or deaths were reported. “The dragon’s head started to glow, and I see fire and kind…
