bp Scraps Plans for Large Scale UK Low Carbon Hydrogen Project
bp has said that it has withdrawn its plans to develop H2Teesside, a large scale hydrogen production and carbon capture facility in Teesside in...
Smart permitting, phase-out of diesel generators could curb data center environmental impacts
ESGEnvironmental, social, and governance (ESG) criteria are a set of standards for a company’s operations that socially conscious investors use to screen potential investments....
Lander Urges NYC Pension Funds to Drop BlackRock, Fidelity, and PanAgora Over Weak Climate Stewardship
• New York City’s pension systems have achieved a 37% cut in financed emissions since 2019 but identify three major asset managers that fall...
Vietnam Launches National Cooling Overhaul to Anchor Its 2050 Net Zero Strategy
• Vietnam’s first National Sustainable Cooling Plan projects more than 800 TWh of electricity savings by 2050 and a 97 per cent reduction in...
EU Weighs Delay to Automotive Package as Germany Pushes to Reopen 2035 Engine Phase Out
• Brussels is considering a delay of several weeks to an automotive support package that could reshape the EU’s 2035 combustion engine phase out.•...
Vestas to Double Polish Blade Production as Europe’s Onshore Wind Buildout Accelerates
• Vestas will double output at its Goleniow, Poland blade plant to meet rising European demand, adding a second line for its V172-7.2 MW...
CVC, Low Carbon Secure $1.39 Billion to Accelerate European Clean Energy Expansion
• New financing package totals approximately £1.1 billion ($1.39 Billion), combining CVC DIF’s equity stake, MassMutual follow-on investment, project debt refinancing and a new...
NYC Comptroller Calls on City Pension Funds to Drop BlackRock, Fidelity Over Inadequate Net Zero Plans
New York City Comptroller Brad Lander announced that he has recommended that the city’s pension funds drop a $42 billion investment mandates with BlackRock,...
SBTi Issues Detailed Decarbonization Pathways for Global Chemicals Industry
• New Science Based Targets initiative pathways provide emissions cutting trajectories for ammonia, methanol, high-value chemicals and fertilizer-linked nitrous oxide.• The framework offers sector-specific...
FCA Releases New Proposed Rules to Regulate ESG Ratings Providers
The Financial Conduct Authority (FCA), the UK’s conduct regulator for financial services firms and financial markets, announced the publication of new proposed transparency, governanceGovernance deals...