Oil-and-Gas Companies Seek ESG Loans, Pledging Emissions Cuts
MarketsCredit MarketsFirms offer securities tied to decarbonization objectives as they seek new investors Source link
Natural Environment
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
World Bank’s David Malpass Says He Isn’t Resigning Amid Criticism of His Climate Views
WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him...
Patagonia Founder Is Giving His Company Away in Pledge to Fight Climate Change
Patagonia founder Yvon Chouinard is giving away the multibillion-dollar outdoor apparel business he founded nearly 50 years ago, with a...
Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric Trucks
Trevor Milton, the Nikola Corp. NKLA 3.24% founder who enticed auto-industry leaders and investors with his promise for a revolution...
Heat in Europe Is Driving Up Olive Oil Prices
Soaring temperatures in Spain this summer are expected to hit the country’s olive oil production, pushing up prices and threatening...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
New Volkswagen Chief Has History Backing Synthetic Fuels
Volkswagen AG’s VOW 0.37% new boss has said he is committed to driving the auto maker’s transformation from gasoline-powered cars...
Hilcorp, Exxon and Conoco Top Greenhouse Gas Emitters, Environmental Groups Say
Hilcorp Energy Co., Exxon Mobil Corp. , Conoco COP -4.96% Phillips and Occidental Petroleum Corp. OXY -3.13% are the U.S....
Supreme Court Declines to Hear Bayer Appeal on Roundup
The Supreme Court on Tuesday declined to hear a bid by Bayer AG to end thousands of lawsuits alleging its...
Elon Musk Eyes Satellite Deal in Brazilian Amazon
SÃO PAULO—Elon Musk, the world’s richest person, flew to Brazil on Friday to announce a plan to connect thousands of...
They Came, They Hiked, They Stayed: Retirees Lift Fortunes in Rural America
PIGEON FORGE, Tenn.—Tom and Barb Hansen’s search for a retirement spot reads like the script to a road movie. California’s...
Conservation Tax-Break Deals Keep Flowing Despite IRS Crackdown
WASHINGTON—More than six years into an Internal Revenue Service clampdown on what the agency says are abuses of land-conservation tax...
How Goldman Sachs Is Encouraging Companies to Disclose Emissions Data
Companies are facing more stringent environmental, social and governance requirements leading into proxy season.The Securities and Exchange Commission recently proposed...
Biden Administration Restores Stricter Environmental Reviews
WASHINGTON—The Biden administration is restoring stricter environmental standards for approving new pipelines, highways, power plants and other construction projects, including...
Biden Administration Resumes Oil Leases on Federal Land
WASHINGTON—The Biden administration announced lease sales for oil and gas drilling on federal land Friday, but said it would sharply...
How High Energy Prices Could Help Both the Climate and the U.S.
The surge in global energy prices triggered by Russia’s invasion of Ukraine sure doesn’t seem like any sort of blessing....
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks:...
Tesla Planned to Open Its First European Gigafactory Last Summer. It’s Still Waiting.
BERLIN—When Rocco Pigola, a 59-year-old refinery worker from Bavaria who has owned six Tesla vehicles, heard about the electric-car maker’s...
Climate Disclosure Poses Thorny Questions for SEC as Rules Weighed
A key sticking point as the agency considers corporate rules is how much detail to demand about emissions produced by...
