By David Lawder WASHINGTON (Reuters) – U.S. officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country’s industries emit, in a bid to figh[...]
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Environment
European energy firms dominate landmark California offshore wind auction
By Nichola Groom (Reuters) -The U.S. government’s first-ever sale of offshore wind development rights off the coast of California drew $757.1 million in high bids, mainly from European companies[...]
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Siemens, others call for only zero-emission freight trucks to be sold in EU by 2035
By Nick Carey (Reuters) – More than 40 manufacturers, shippers and industry groups including Siemens, Maersk and Unilever called on the EU on Thursday to mandate that all freight trucks be zero-[...]
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Vanguard quits net zero climate effort, citing need for independence
By Ross Kerber and Noor Zainab Hussain (Reuters) -Vanguard Group Inc is pulling out of a major investment-industry initiative on tackling climate change, the world’s biggest mutual fund manager[...]
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World Bank, partners launch tracking system to clean up carbon markets
By Susanna Twidale and Simon Jessop LONDON (Reuters) – The World Bank and partners including Singapore on Wednesday launched a global tracking system to clean up the opaque market for carbon cre[...]
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Australian billionaire Forrest snares CWP Renewables for over $2.7 billion
By Scott Murdoch and Sonali Paul SYDNEY/MELBOURNE (Reuters) – Australian mining billionaire Andrew Forrest’s private firm Squadron Energy has acquired CWP Renewables for more than A$4 bill[...]
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JetBlue aims to significantly reduce jet fuel emissions by 2035
(Reuters) – JetBlue Airways Corp said on Tuesday it was committed to reducing emissions related to jet fuel by 50% per revenue tonne kilometer by 2035 from 2019 levels. The New York-based carrie[...]
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Volkswagen CEO to present software ‘reality check’ to board on Dec 15
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s CEO will outline a new software and vehicle platform strategy to the carmaker’s supervisory board on Dec. 15 as he tries to turn his[...]
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Airlines warn of higher fares from green transition
By Emma Farge GENEVA (Reuters) – Airline passengers face higher ticket prices as the industry moves towards its target of reducing emissions to net zero by 2050, the head of a global trade assoc[...]
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