"The world’s richest governments are under mounting pressure to help poor countries fight climate change. At the Group of Seven summit in the U.K., they’ll get a fresh chance to do something about it."
Economy & Business
"One of the nation’s biggest solar-energy companies said on Wednesday that it would double production in the United States by opening a third plant in Ohio by the middle of 2023."
"The surprising value of the country’s dive tourism industry gives another reason to protect its marine ecosystems."
"The Oregon House on Tuesday passed a bill to redirect funding from a tax-funded institute created 30 years ago to inform residents about forestry, after an investigation found that the organization sought to discredit scientists and acted as a lobbying and public relations arm for the timber industry."
"The Biden administration is planning to restore wetlands protections lost under a Trump-era rule that promotes development, the EPA announced Wednesday."
"The firm behind the Keystone XL pipeline officially scrapped the project on Wednesday, months after President Biden revoked a cross-border permit for the controversial pipeline and more than a decade after political wrangling over its fate began."
"From his home in Bhutan’s capital of Thimphu, high in the Himalayas, Sonam P. Wangdi has witnessed climate change speed the retreat of glaciers and fuel flash floods in his country. He has watched other developing nations confront rising seas encroaching on Pacific islands and drought plaguing farms in Africa."
Corporate boardrooms are increasingly arenas in the fight over the future of energy and the environment, making it vital for journalists to understand the players, their motivations and the potential impacts on business planning. The new Issue Backgrounder explores the implications of recent news around investment policy, explaining some of its origins and deciphering the shifting scrimmage ahead.
"Group of Seven (G7) rich countries backed moves to force banks and companies to disclose their exposure to climate-related risks on Saturday, a measure seen as vital to efforts to safeguard the financial system from climate change shocks.
G7 finance ministers meeting in London also called for more coordination to measure what impact companies are having on the climate and environment, warning of the risk of fragmentation as local jurisdictions adopt different approaches.