The U.S. Chamber of Commerce, the country's biggest and most influential business lobby group, shifted its position on climate change on Tuesday, saying Congress should pass laws pushing companies to limit greenhouse gas emissions.
Hedge funds are prized for a cold-hearted ability to follow the money. U.S.-based Elliott Management’s decision to close its Hong Kong office has caused a stir in light of the city’s political tensions, exacerbated by Beijing’s imposition of a sweeping national security law in July. Yet an activist wave across Asia in recent years has largely passed by China and its offshore fundraising hub. That’s a good reason to concentrate resources where they can matt
Analysts have raised their European carbon market average price forecasts for 2021 and 2022 after record highs this month on growing confidence in the EU’s Emissions Trading System (ETS) and soaring gas prices that drove up the cost of carbon permits.
Estonian company Single.Earth has raised millions of dollars to buy forests and wetlands, it said on Friday, aiming to tap into a rapidly growing carbon-offset market and public concern over the amount of logging in the country.
Investors are judging how well energy companies have reoriented their businesses to cut emissions as they weigh activists' calls for divestment, climate finance specialists said on Thursday.
Hyundai Motor Group has signed an investment pact with the government of China's southern province of Guangdong to build its first overseas fuel cell system production plant in the country, the South Korean firm said on Friday.
Business model transformation and decarbonization within the autos sector