• Radical New Climate Targets Will Save EU Economy, Timmermans Claims

    • Date: 02/09/20
    • EurActiv

    The European Commission will table proposals next month to raise the EU’s climate target for 2030, amid warnings from Eastern countries to safeguard jobs and growth from the coronavirus fallout. If the European Green Deal made economic sense before the COVID-19 crisis, “it makes even more sense now” because it will help reboot the economy, […]

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  • EU Divided Over ‘Green Deal’

    • Date: 29/08/20
    • Petroleum Economist

    The German presidency of the EU Council aims for a recovery fuelled by renewables, but there is disagreement among member states over key climate targets Germany’s energy and climate ambitions appear to be increasingly aligned with those of the European Green Deal, but the country faces the challenge of convincing more reluctant member states before […]

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  • UN-Backed Climate Fund Faces Wave Of Abuse Allegations From Staff

    • Date: 28/08/20
    • Financial Times

    Former and current employees describe incidents of sexism, racism and harassment at Green Climate Fund The UN-backed Green Climate Fund, the world’s largest climate finance institution, is facing a wave of internal misconduct complaints including allegations of sexism and harassment in the workplace, and criticism over the death of an employee from coronavirus. Seventeen current […]

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  • India Set To Record Bumper Harvest As Timely Monsoon Boosts Agriculture

    • Date: 25/08/20
    • The Statesman

    Covid-19 might have hit all the economic sectors badly, but luck is favouring Indian agriculture sector this year as there has been 95 per cent equal distribution of rainfall all over the country. Along with historic sowing, and timely rains agricultural experts are predicting bumper crop this year. “I, in my lifetime, have never seen […]

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  • ‘Green Recovery’ Flops: ESG Investment Performed Worse Than Overall Market During Covid Recovery, Study Warns

    • Date: 22/08/20
    • Institutional Investor

    “Not only did more socially responsible firms not exhibit the alleged greater share price resilience during the Covid-induced market decline, but they actually performed significantly less well when the overall market recovered.” A new study refutes “widespread claims” that environmental, social, and governance considerations improved stock performance during the pandemic. In the aftermath of March’s […]

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  • California Doomed to Frequent Blackouts Due To Battery Shortage

    • Date: 20/08/20
    • Bloomberg

    Problem is there aren’t enough of these massive batteries to go around right now. As the threat of blackouts continues to plague California, officials are pointing to battery storage as a key to preventing future power shortfalls. But the Golden State is going to need a lot more batteries to weather the next crisis—let alone to […]

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  • California Declares State of Emergency As Blackouts Loom

    • Date: 19/08/20
    • Deadline

    California Governor Gavin Newsom declares statewide emergency, mobilizes National Guard amid fires, record heat and “imminent” rolling power outages that could hit millions California Governor Gavin Newsom declared a statewide emergency to help ensure the availability of vital resources to combat fires burning across the state, which have been exacerbated by the effects of the historic West Coast heat wave […]

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  • China Eases Green Rules For Petrol-Electric Hybrids, Giving Car Makers Space To Manoeuvre

    • Date: 16/08/20
    • Reuters

    China’s new policy allows automakers to make more petrol-electric hybrids and less of the more costly all-electric vehicles from 2021 through 2023. BEIJING (Reuters) – China re-classified petrol-electric hybrid vehicles on Monday so they get more favourable treatment than all-petrol or diesel counterparts under new clean car rules, making it easier for automakers to meet […]

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