ESG and climate funds fall short of Paris Agreement goals
3 Sep 2021
THE scale of greenwashing in the asset management industry was laid bare in new research from think-tank, InfluenceMap, which claimed most ESG and climate strategies are not aligned with the goals of the Paris Agreement and often invested in the world’s top polluters.
Nordic countries hit by ‘truly unprecedented’ heatwave
Tue 5 Aug 2025
Scientists have recorded the longest streak of temperatures higher than 30C in the region in records going back to 1961.
BlackRock, other fund managers lose bid to dismiss Texas climate collusion lawsuit
Tue 5 Aug 2025
A U.S. judge on Friday largely rejected a request by top asset managers including BlackRock, to dismiss a lawsuit filed by Texas and 12 other Republican-led states that said the companies violated antitrust law through climate activism that reduced coal production and boosted energy prices.
OPEC+ countries to boost oil production by 547,000 barrels per day
Tue 5 Aug 2025
Some believe the boost in production could lower oil and gasoline prices.
Vatican strikes solar farm deal to become the world’s first carbon-neutral state
Tue 5 Aug 2025
Italy has agreed to a Vatican plan to turn a 430-hectare field north of Rome into a vast solar farm that the Holy See hopes will generate enough electricity to meet its needs and turn Vatican City into the world’s first carbon-neutral state.
EU climate goals at risk as ailing forests absorb less CO2, scientists say
Tue 5 Aug 2025
Damage to European forests from increased logging, wildfires, drought and pests is reducing their ability to absorb carbon dioxide, putting European Union emissions targets at risk, scientists warn.
Barclays exits net zero banking alliance
Tue 5 Aug 2025
Barclays will exit the Net-Zero Banking Alliance, marking the second UK-based bank to withdraw from the UN-backed coalition dedicated to advancing global net zero goals through their financing activities, after the departure last month of HSBC.
IEA: Renewables will be world’s top power source by 2026
Mon 4 Aug 2025
Renewable energy will overtake coal to become the world’s top source of electricity “by 2026 at the latest”, according to new forecasts from the International Energy Agency.
Trump promised a drilling boom. The new rigs haven’t showed up yet
Mon 4 Aug 2025
With clean energy more cost-competitive than it once was, the White House’s oil-first strategy is faltering in a changing energy landscape.
How oil push in Democratic Republic of Congo could affect climate change
Mon 4 Aug 2025
Home to the world's second largest tropical rainforest, Democratic Republic of Congo plans to expose half its land to oil and gas drilling in what conservationists call a major threat to endangered apes, local jobs and global climate goals.
The renewable energy revolution is a feat of technology
Mon 4 Aug 2025
By Rebecca Solnit | COMMENT: An energy revolution is underway in this century, though most people have not noticed it.
