By Isla Binnie (Reuters) – BlackRock boss Larry Fink, at the forefront of the business world’s adoption of environmental, social and corporate governance (ESG) standards, has stopped using[...]
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Environment
Carmakers owe compensation for emissions cheating devices, German court rules
(Reuters) – Carmakers must pay compensation for diesel vehicles fitted with illegal emissions controlling devices, Germany’s highest federal court ruled on Monday, in a case that could pot[...]
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Philippines agrees $1.14 billion loans with World Bank for environment, farming
MANILA (Reuters) – The Philippines on Monday said it had signed four loan agreements with the World Bank totalling $1.14 billion, including $750 million of budgetary support for policy reforms t[...]
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Renewables growth did not dent fossil fuel dominance in 2022, report says
LONDON (Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance of fossil fuels, which still accounted for 82% of supply, the industry[...]
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A second life for EV batteries? Depends how long the first is
By Nick Carey, Paul Lienert and Victoria Waldersee LONDON (Reuters) – Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for batt[...]
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Panama Canal postpones depth restrictions after much-needed rain
By Elida Moreno PANAMA CITY (Reuters) – The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after muc[...]
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Volkswagen prevails against US counties’ diesel emissions claims
By Brendan Pierson (Reuters) – A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker by two U.S. counties over its diesel emissions cheating scandal. U.S. Di[...]
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US lawmaker to re-introduce bipartisan bill to get EV industry into biofuel program
By Stephanie Kelly NEW YORK (Reuters) – A U.S. Democratic lawmaker plans to reintroduce a bipartisan bill next month that would allow electricity generated from renewable biomass to qualify for[...]
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IMF has hit $100 billion target of SDRs for vulnerable countries – Georgieva
PARIS (Reuters) – The International Monetary Fund has reached its target of making $100 billion in special drawing rights available for vulnerable countries, Managing Director Kristalina Georgie[...]
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