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Biden administration hit by lawsuits from green groups and Big Oil

Biden administration hit by lawsuits from green groups and Big Oil

Biden’s offshore drilling plan has sparked controversy, with both oil and gas companies and environmental groups voicing their concerns through lawsuits filed against the administration. Recently, two separate lawsuits were filed against the Biden administration at the same time over its five-year oil drilling plan in the Gulf of Mexico. The lawsuits were filed by Earthjustice, a California-based environmental law organization on behalf of other environmental groups, and the American...

By Kuala Lumpur, Malaysia
Spain becomes latest European nation to ban short-haul domestic flights

Spain becomes latest European nation to ban short-haul domestic flights

Back in November, the Spanish government proposed a ban on flights that take less than 2.5 hours by train. Confirmation that the law will come into effect soon signals a win for the environment – but is it too good to be true? In efforts to reduce its national carbon footprint, Spain has become the latest European country to ban domestic flights travelling distances reachable within 2.5 hours by train. The...

By London, UK
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