Europe’s largest bank HSBC said on Friday it would mostly stop funding new coal power plants, oil sands and arctic drilling, becoming the latest in a long line of investors to shun the fossil fuels.
HSBC to stop financing most new coal plants, oil sands, arctic drilling Read more
“When it comes to climate change, our plan is clear,” said Ms. Ardern, a member of the center-left Labor Party. “We are committed to the goal of becoming a net zero emissions economy by 2050.”
New Zealand bans new offshore drilling, citing climate change Read more
The economics of generating electricity from fossil fuels are deteriorating rapidly as renewable energy technology plunges in costs.
Fossil fuels squeezed by plunge in cost of renewables, BNEF says Read more
Two months after New York’s Mayor announced he was suing oil companies for their role in climate change, former California Governor Arnold Schwarzenegger has revealed he intends to do the same, stating oil companies are “knowingly killing people.”
Arnold Schwarzenegger is suing big oil for climate change Read more
Porsche has stopped production of cars with diesel engines, according to Autocar. The UK-based automotive publication reported Tuesday all models equipped with diesel engines have been dropped following an emissions compliance issue for European markets.
Porsche has stopped production of cars with diesel engines Read more
The government of British Columbia has proposed new regulations restricting the transportation of oil through the western Canadian province in what is expected to be a major setback for a planned pipeline expansion project.
Canada’s British Columbia submits new rules to restrict oil shipments Read more
Arguably the most biologically diverse spot on Earth, it remains the South American nation’s largest national park. It is within the claimed ancestral territory of the Huaorani Indigenous people and is home to two uncontacted Indigenous tribes.
Ecuador formally establishes Yasuní National Park Read more
