• Green Deal: Germany Industry Rejects More Stringent EU Climate Targets

    • Date: 10/09/20
    • GWPF & Handelsblatt

    The EU Commission President will probably present her proposal for a stricter climate target next week. Resistance is forming. Brussels, Berlin, Düsseldorf: The plan was already foreseeable, it should become concrete next week: EU Commission President Ursula von der Leyen wants to propose a further tightening of the EU climate targets for 2030. According to […]

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  • New Blackouts Darken California

    • Date: 09/09/20
    • The Wall Street Journal

    PG&E Corp. said late Monday it started cutting power in parts of Northern California to reduce wildfire risks, a day after the state narrowly averted rolling blackouts to relieve strain on its electric grid during a heat wave. The San Francisco-based utility, which serves 16 million people in Northern and Central California, said the outages will affect […]

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  • German Industry Warns Of Bankruptcies & Relocations Over EU Climate Plans

    • Date: 03/09/20
    • Die Welt

    The EU wants to speed up its climate plans. But member states are still arguing about how much additional burden consumers and companies should endure. The German Chambers of Industry and Commerce is making a strong appeal to policy makers, warning about high costs and damages. In coming weeks, the EU’s climate policy for the […]

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  • 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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