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Environmental

A collection of 1032 articles

Oil And Gas Concessions Could End 'Net-Zero Banking Alliance'

Tensions are reportedly brewing within the Net-Zero Banking Alliance’s (NZBA) climate-conscious lenders after the group decided against imposing binding restrictions on fossil-fuel financing.

Australia Should Ban New Coal, Oil, and Gas Projects

Australian lawmakers are engaged in fierce debate over changes to the “Safeguard Mechanism,” which would require top polluting facilities to reduce emissions by 4.9 percent each year to 2030, or face penalties. The policy covers 215 sites that emit more than 100,000 tons of carbon dioxide a year

FL's Patronis: We Want 'Best Return on Investment,' Not a Political Agenda

Florida’s CFO Jimmy Patronis told Breitbart News he’s looking to give the best “return on investment” for Floridians and the Sunshine State instead of focusing on pushing a political agenda in investing such as environmental, social, and governance (ESG) policies. “My main goal is just getting the maximum

Norwegian Shipping Company bans electric vehicles on its vessels

Norway’s Havila Krystruten is one of two shipping companies that sails between the coastal cities of Bergen and Kierkenes and in January said that it will no longer carry electric or electrified vehicles on its ships. Havila Krystruten cited fire safety as the main reason for its decision. The

49 Senate Republicans Move to Scrap Biden ESG Retirement Rule

Forty-nine Senate Republicans and Sen.Joe Manchin (D-WV) unveiled a resolution that would eliminate President Joe Biden’s ESG investing rule, which may politicize 401(k)s.

Oklahoma Demands Answers from Financial Institutions over ESG Policies

Oklahoma state Treasurer Todd Russ sent a letter, first seen by Breitbart News, to numerous national financial institutions, including fund managers and banks, demanding answers to a questionnaire asking who is “boycott[ing] energy companies” in Oklahoma and should be placed on a blacklist. The companies will have 60 days

Electricity and Gas Prices will Likely Double, not Come Down - Supplier

The price of electricity and gas is likely to remain high in Europe for the foreseeable future, with one German supplier warning that prices are likely to double in the coming months rather than go down. Ingbert Liebing, the head of the Association of Municipal Enterprises in Germany, has warned

California's Last Nuclear Plant Could be Forced to Close, Despite Newsom's Extension

Diablo Canyon, the last operational nuclear power plant in California, could be forced to shut down by 2025 despite a five-year extension signed by Gov.

Cathy McMorris Rodgers: Biden Abused Strategic Petroleum Reserve as 'Election-Year Gimmick'

House Energy and Commerce Committee Chair Cathy McMorris Rodgers (R-WA) said in a statement on Tuesday that Democrats have continued to abuse the Strategic Petroleum Reserve (SPR), while Republicans want to lower gas prices by “unleashing American energy.” “At a time when gas prices are on the rise, Secretary Granholm

Florida CFO Prohibits More State Pension Funds from Investing in ESG

Florida Chief Financial Officer (CFO) Jimmy Patronis on Monday blocked asset managers from investing $5.1 billion of state pension pool from being invested in financial products associated with Environmental, Societal and Governance (ESG) standards in the latest push against the policy movement. Patronis signed a directive that bars the

Poll: Americans Don't Want Retirement Money Spent on Climate Change

Americans do not want investment firms to spend their hard-earned retirement money spent on climate change and would prefer investment firms to focus on maximizing profits for retirement, a poll exclusive to Breitbart News conducted by CRC Research for the 85 fund shows. The poll conducted earlier this month with

AGs Pressure Advisory Firms to Dump ESG Rules, Alleging Wrongdoing

Twenty-one state attorneys general are putting pressure on two proxy advisory firms to stop pushing environmental, social, and governance (ESG) rules, saying the policy push goes against the firms’ contractual obligations. The group of attorneys general sent a letter to Institutional Shareholder Services, Inc. (ISS) and Glass Lewis & Co. (Glass

Boston Fed President: Climate Change Is a Factor in Inflation

On Friday’s broadcast of NPR’s “Here and Now” President and CEO of the Federal Reserve Bank of Boston Susan M.

Kerry: Taking 'Some Risk' to Ensure Green Transition Is the 'Job' of Multilateral Banks

During an interview with CNN International aired on Wednesday’s “First Move,” Special Presidential Envoy for Climate John Kerry stated that the job of multilateral development banks is to “take some risk” in order to spur the private sector to make the “trillions of dollars” that are needed to bring