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LONDON: Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring an increasingly discredited offsetting programme, according to climate watchdog InfluenceMap.
THE growth in demand to invest in companies with strong environmental, social and governance (ESG) profile has gained pace as policymakers around the world drive a low-carbon economic transition to combat climate change.
Australia's economy extended its rapid recovery in the first quarter as consumers and businesses spent with abandon, lifting output back above where it was last year when pandemic lockdowns tipped the country into recession.
Agriculture giant Cargill Inc will start selling methane-absorbing wearable devices for cows, putting its support behind an experimental technology that could help the industry cut greenhouse gas emissions.
Tech giants are looking to Singapore's carbon offset trading platform to achieve their ambitions of being carbon neutral.
TOKYO: Oil rose on Wednesday as worries about an increase in supplies from Iran were offset by optimism about improving U.S. fuel demand that was reinforced by a drop in weekly inventory estimates.
MELBOURNE (Reuters): Asian energy officials on Wednesday (May 19) disputed the International Energy Agency's (IEA) call for no new oil, natural gas and coal investments for the world to be able to reach net-zero carbon emissions by 2050, viewing that approach as too narrow.
Indonesia is offering made-to-measure incentives and, potentially, carbon offsets as it competes for investment.
NEW YORK: Oil prices were little changed on Thursday as concerns over lower crude production in Libya offset expectations that rising coronavirus cases in India and Japan would cause energy demand to decline.
KUALA LUMPUR: Trading interest in the local telco sector single-handedly drove the FBM KLCI higher in the morning session, despite profit-taking in other sectors.