Environment

Auto Added by WPeMatico

Landmark Greenwashing Case Against Gas Firm Santos Dismissed

By Keira Wright A judge dismissed a long-running legal challenge against Santos Ltd., which had accused the Australian oil and gas producer of misleading investors over its climate strategy. The case brought by the Australasian Centre for Corporate Responsibility, a shareholder advocacy group, was rejected Tuesday by Justice Brigitte Markovic. Details of her decision will …

Landmark Greenwashing Case Against Gas Firm Santos Dismissed Read More »

Canada’s Carbon Plan Will Help Oil Patch in Future, Energy Minister Says

By Robert Tuttle Takeaways by Bloomberg AI Canada’s energy minister said the government’s push to build carbon capture technology in the Alberta oil sands ensures the industry is adapting to change. The Canadian government signed a memorandum of understanding with the province of Alberta that pledged backing for a new oil pipeline in exchange for a higher …

Canada’s Carbon Plan Will Help Oil Patch in Future, Energy Minister Says Read More »

US Publishes Interim Tax Credit Rules Meant to Restrict China Clean Energy Influence

Feb 12 (Reuters) – The U.S. Treasury Department on Thursday unveiled interim rules for enforcing provisions in President Donald Trump’s new tax law that restrict companies from claiming federal clean energy subsidies if they are overly reliant on Chinese-made equipment. The guidance, which applies to lucrative tax credits for clean energy manufacturing and electricity generation, …

US Publishes Interim Tax Credit Rules Meant to Restrict China Clean Energy Influence Read More »

How the US Is Abandoning Joint Climate Action Under Trump

By Eric Roston and Brian Kahn A globe at the COP30 UN Climate Change Conference in Belem, Para State, Brazil. Photographer: Mauro Pimentel/AFP/Getty Images The US officially exited the Paris Agreement on Jan. 27. It’s the second time President Donald Trump has pulled out of the pact that commits almost 200 countries to keep global …

How the US Is Abandoning Joint Climate Action Under Trump Read More »

Trump Set to Limit States’ Ability to Block Energy Projects in Water Rule

(Reuters) – The Trump administration on Tuesday proposed a rule revising Biden-era pollution protections for waterways, a move the Environmental Protection Agency said would speed permitting of energy and artificial intelligence infrastructure. The proposed rule would revise a 2023 rule by former President Joe Biden’s administration on Section 401 of the Clean Water Act that …

Trump Set to Limit States’ Ability to Block Energy Projects in Water Rule Read More »

COMMENTARY: Emissions Are Still Rising. That Doesn’t Mean We’re Failing

By Lara Williams Lara Williams is a Bloomberg Opinion columnist covering climate change. Takeaways by Bloomberg AI The Paris Agreement aims to limit climate change to “well below 2C above pre-industrial levels” and pursue efforts to keep the increase close to 1.5C, but carbon emissions continue to grow. Many experts believe the 1.5C temperature target is …

COMMENTARY: Emissions Are Still Rising. That Doesn’t Mean We’re Failing Read More »

Is This Exxon’s New Climate Delay Tactic?

The oil giant is pushing for a new carbon accounting method, which worries climate advocates but shows Exxon is sticking with its emission-reduction goals despite Trump’s attacks on low-carbon energy By Akshat Rathi and Kevin Crowley When you’re one of the biggest polluters, you have a vested interest in how pollution is counted. That is …

Is This Exxon’s New Climate Delay Tactic? Read More »

Canada Signals Plans to Scrap Oil and Gas Emissions Cap

By Nojoud Al Mallees and Thomas Seal The Canadian government signaled it plans to eventually lift the controversial cap on emissions from the oil and gas sector, doubling down instead on its industrial carbon pricing system to rein in pollution. In its first federal budget on Tuesday, Prime Minister Mark Carney’s government unveiled its climate …

Canada Signals Plans to Scrap Oil and Gas Emissions Cap Read More »

US Officials to Skip UN Climate Talks Trump Derided as ‘Scam’

By Jennifer A Dlouhy Pavilions at the Parque da Cidade, the main venue for the COP30 summit, in Belem, Brazil. Photographer: Alessandro Falco/Bloomberg High-level US representatives are staying away from the UN climate negotiations in Brazil, even as President Donald Trump seeks to influence energy policy globally. The plan to forgo senior representation at the …

US Officials to Skip UN Climate Talks Trump Derided as ‘Scam’ Read More »

Australia Proposes Environment Law Overhaul to Speed Up Projects

By Keira Wright and Paul-Alain Hunt Australia plans to overhaul national environmental laws to better protect nature, while speeding up approvals for major projects in sectors including natural gas, renewable energy and mining. On Thursday, the center-left Labor government will introduce long-awaited legislation to Parliament to amend the widely criticized Environment Protection and Biodiversity Conservation …

Australia Proposes Environment Law Overhaul to Speed Up Projects Read More »