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JP Morgan and State Street back out of largest climate investor group

JP Morgan and State Street back out of largest climate investor group

Some $14 trillion of assets have up and left Climate Action 100+. Key corporate members JP Morgan and State Street have announced their resignation from the global investment group while BlackRock has significantly limited its involvement. Sigh. Climate adaptation costs could reportedly climb to $340 billion by 2030. Yet, a duo of financial behemoths worth a combined $14 trillion deem this a great time to jump ship from coordinated international...

By London, UK
New report shows plastic companies knew recycling would be useless

New report shows plastic companies knew recycling would be useless

Plastic pollution is one of the biggest environmental and public health issues of our time. A new investigation shows that the companies producing it knew all along that recycling programs would be pointless. For the last 50 years, we have been advised to recycle plastic waste whenever possible, yet a new report claims that oil companies and plastic producers knew this effort was pointless. Published by the Center for Climate Integrity...

By London, UK
Activists urge UEFA to break up with airline sponsorships

Activists urge UEFA to break up with airline sponsorships

As airline sponsorships become more intrinsically linked to European football, activists are urging clubs and governing bodies to break away from this ecologically damaging association. There’s rarely a quiet day at UEFA HQ, and Valentine’s Day brought forth a fresh batch of criticism to the association’s door. The Union of European Football Associations, which hosts the sport’s elite EU competitions; including the Champions League, Europa League, and Conference League, is now...

By London, UK
Is Wall Street about to scupper the psychedelics industry?

Is Wall Street about to scupper the psychedelics industry?

Money is pouring into the burgeoning psychedelics industry and an influx of startups are racing to patent key ingredients found in ‘magic mushrooms.’ Wall Street is moving in to monopolise the sector. It’s becoming increasingly clear that mushrooms are good for more than just ayahuasca trips on university graduates’ gap years. Scientific studies are feeding hype about the effectiveness microdosing psilocybin may have in treating mental health disorders such as depression...

By London, UK