Climate change
Like defense, Goldman says ESG investors should bring oil and gas stocks in from the cold
An oil pumpjack is seen in a field on April 08, 2025 in Nolan, Texas. Brandon Bell | Getty Images News | Getty Images Just as many mission-driven fund managers have reconsidered their defense policy in the wake of Russia’s full-scale invasion of Ukraine, an analyst at Goldman Sachs says it is now time for […]
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Greenpeace ordered to pay more than $660 million over Dakota Access Pipeline protests
The Greenpeace logo on the green ecological awareness stand of the association in Lyon, France, on Oct. 23, 2024. Elsa Biyick | Afp | Getty Images A jury on Wednesday ordered environmental campaign group Greenpeace to pay more than $660 million in damages to Texas-based oil company Energy Transfer, the developer of the Dakota Access […]
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California pauses home energy rebate program amid Trump funding freeze
Key Points California paused an energy rebate program for consumers who make their homes more energy efficient, due to a federal funding freeze imposed by the Trump administration. The Home Energy Rebate program was created by the Inflation Reduction Act, which President Biden signed in 2022. The law offered consumers up to $8,000 of Home […]
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Trump plan to freeze funding stymies Biden-era energy rebates for consumers
Key Points Some states like Arizona, Colorado, Georgia and Rhode Island have delayed phases of their Home energy Rebate programs for consumers who make their homes more energy efficient. They cited a White House freeze on federal funding that conflicts with President Donald Trump’s agenda. The rebate programs, created by the Inflation Reduction Act, aim […]
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From jewelry to food waste, firms are ‘shaking’ things up with circular-economy shift
Rapeepong Puttakumwong | Moment | Getty Images From jewelry and clothes to food waste, a growing number of sectors are focusing on operating as part of a “circular economy,” aiming to waste less — and reap the financial benefits in the process. The rising cost of raw materials and a move to reduce carbon emissions […]
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Wildfires force Los Angeles app developer to use his own technology to navigate crisis
The wind whips embers while firefighters battle the fire in the Angeles National Forest near Mt. Wilson as the wildfires burn in the Los Angeles area, during the Eaton Fire in Altadena, California, U.S. January 9, 2025. Ringo Chiu | Reuters For almost two years, Viktor Makarskyy has been working on an app that serves […]
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Trump may cancel U.S. Postal Service electric mail truck contract: Reuters sources
The United States Postal Service unveils two of its battery-powered vehicles at an event announcing its plan on implementing electric vehicles, at the Postal Service Headquarters on December 20, 2022 in Washington, DC. Kevin Dietsch | Getty Images Donald Trump’s transition team is considering canceling the United States Postal Service’s contracts to electrify its delivery […]
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‘We can overcome climate change’: Richard Branson says young people should not be down about the future
The billionaire Virgin founder Sir Richard Branson said younger generations should feel positive about the future — and that they can “achieve an enormous amount.” “Any of us who get ourselves into a position where we can make a difference, however small it is, just shouldn’t waste that position,” he said, speaking to CNBC’s Tania […]
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States forge ahead with Inflation Reduction Act energy rebates — so far, South Dakota is the only one to opt out
Key Points The Inflation Reduction Act created two consumer rebate programs tied to energy efficiency. They’re respectively worth up to $8,000 and $14,000 for consumers, depending on criteria like income and specific efficiency-related upgrades or purchases. Arizona, Maine, New York, New Mexico, Rhode Island and Wisconsin started rolling out their rebate programs. Many others have […]
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The world just sweltered through its hottest summer on record for the second year running
A man uses an umbrella for shade in Seoul on August 14, 2024, during a prolonged heatwave which has gripped much of the country. Anthony Wallace | Afp | Getty Images The summer of 2024 was the hottest on record, according to the European Union’s climate monitor, extending an alarming run of temperature records that […]
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