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IF YOU can’t pay the interest on your debts, an IOU isn’t going to be enough to save you from bankruptcy.
AS governments and companies jostle to show how committed they are to fighting global warming, plans to take carbon dioxide out of the air are becoming a giant loophole – just as experts have warned for years.
SEOUL: South Korea has outlined a plan to spend 114.1 trillion won (US$94.6bil) on a “New Deal” to create jobs and help the economy recover from the coronavirus fallout, anchored in part by “green” investment in electric vehicles and hydrogen cars.
SEOUL: South Korea outlined a plan on Tuesday to spend 114.1 trillion won (US$94.6bil) on a "New Deal" to create jobs and help the economy recover from the coronavirus fallout, anchored in part by "green" investment in electric vehicles and hydrogen cars.
NEW YORK/WASHINGTON: A U.S. court ordered the shutdown of the Dakota Accessoil pipeline on Monday over concerns about its potential environmental impact, a big win for the Native American tribes and green groups who fought the major pipeline's route across a crucial water supply for years.
LONDON: BP Plc will make the biggest writedown on the value of its business since the Deepwater Horizon disaster a decade ago, as the coronavirus pandemic hurts long-term oil demand and accelerates the shift to cleaner energy.
MUNICH: Siemens AG warned a market slump is set to continue after quarterly profit missed estimates due to a steep decline in the automotive, machine-building and energy businesses.
KUALA LUMPUR: Environmental, social and governance (ESG) investing has started creeping into mainstream investment and the focus is on plantations, especially during the haze which started early September, UOB Kay Hian Malaysia Research points out.