President Xi brought forth an ambitious goal of reaching peak carbon emissions by 2030 and carbon neutrality by 2060. The goal is regarded not just as a de-carbonization goal but also as a driving force to facilitate socio-economic progress. Various strategies were introduced for this...
Climate change, Coronavirus, Disinvestment, Mining, Renewables / 31.07.2020
Covid-19 has accelerated the waning of the coal industry
The coal industry is likely to never recover from the heavy blow caused by COVID19, experts said. The modern society’s dependence on coal has been cut loose due to the slash in costs of its greener alternatives and heightened climate activism. Pandemic has accelerated the shift...
Climate change, Industrials, Mining, Oil and Gas / 06.07.2020
Trump continues to weaken environmental regulations during Covid-19 pandemic
Since he became president, Trump has dismantled 100 environmental rules. A drastic accelerator to this law reformation has been put in place during the COVID19 pandemic [caption id="attachment_2625" align="aligncenter" width="892"] Credits: AP Photo/Evan Vucci[/caption] Since the beginning of his mandate as president of the United States, Trump has...
Climate change, Oil and Gas / 16.03.2020
Coronavirus reducing CO2 emissions
The global health crisis, COVID-19, is reducing carbon emissions more than any policy as ever done before. The COVID-19 viral disease that has swept into at least 114 countries, killing approximately 30,000 people and infecting more than 600,000, is now officially a pandemic. According to a study by...
Climate change, ESG Rating, Financial Institutions / 20.09.2019
The case for closer oversight of the ESG fund industry
"Green-friendly ETFs hold shares in groups with coal operations" said Financial Times on September 19, 2019. The case for closer oversight of the ESG fund industry is the conclusion of the analysis conducted by the environmental research group InfluenceMap on a basket of 118 climate-themed funds listed...