Biden administration adds exemptions into new climate rules for hydrogen energy
The Biden administration on Friday finalized fairly stringent climate change rules for the nascent hydrogen energy industry. But the rules include new flexibilities and are expected to be less stringent than the administration's original proposal. A final rule issued by the Treasury Department on Friday will determine which facilities qualify for favorable tax credits for […]
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its withdrawal from a coalition of banks aiming to achieve net-zero emissions through lending and investment, the fifth group in recent weeks to do so. “Morgan Stanley has decided to withdraw from the Net Zero Banking Alliance. Morgan Stanley’s commitment to net zero remains unchanged. “We aim to contribute to […]
Morgan Stanley joins Goldman Sachs, Citi in exodus from climate alliance
Morgan Stanley decided on Thursday to leave the United Nations-backed climate change alliance, joining rivals Goldman Sachs and Citi in leaving the group amid a conservative backlash over its environmental and diversity efforts. announced. The Wall Street investment bank did not say why it decided to leave the Net-Zero Banking Alliance, a pledge to achieve […]
World endures ‘decade of deadly heat’ as 2024 caps hottest years on record | Climate crisis
The world is enduring a “decade of deadly heat,” with a decade of unprecedented temperatures set to reach its breaking point in 2024, the United Nations has announced. UN Secretary-General António Guterres, delivering his annual New Year's message, said the 10 hottest years on record occurred in the past 10 years, including 2024. The World […]
New York Gov. Hochul’s climate alarmist law will take $75 billion in reparations from energy companies for bad weather
New York Gov. Kathy Hochul (D) on Thursday ratified the Climate Alert Act, which would see the state seize billions of dollars from U.S. oil, gas and coal companies in restitution for severe weather. Critics have suggested that the law is likely to face legal challenges, during which it will negatively impact consumers. so-called Climate […]
New York to Force Oil, Gas Companies to Pay Reparations for ‘Climate Change’ Damage
Big fossil fuel companies will now be required to hand over punitive damages to help New York City combat the effects of “climate change” under a bill signed Thursday by Gov. Kathy Hochul (D). The Associated Press reports that a state fund for infrastructure projects aimed at repairing or averting future damage from climate change […]
Hochul signs NY law that charges $75B to oil, gas and coal companies for climate change
Gov. Kathy Hochul approved a controversial law that would cost the state a staggering $75 billion for oil, natural gas and coal companies that contribute to carbon emissions and climate change. But critics say the law is unenforceable, likely to be challenged in court, and ultimately only increases the burden on customers. “What do you […]
UK gambling with climate targets over carbon capture, say campaigners | Greenhouse gas emissions
Campaigners say the UK government will set its own climate targets on the basis of claims that the Drax power station will produce “negative emissions” as new rules could mean carbon savings would be passed on to the US. He is said to be betting on The owners of a North Yorkshire power station have […]
Biden Commits U.S. to New Climate Goals 31 Days Before Trump’s Return
President Joe Biden could leave the White House within 31 days, but on Friday, despite President-elect Donald Trump vowing to review commitments made under the globalist pact. He committed the United States to new climate goals under the Paris Climate Agreement. Treaty. According to AFP, the United States will reduce economy-wide greenhouse gas emissions by […]
Why Our New Secretary of Energy Nominee Is Triggering Climate Change Hysterics
The following content is plugger U. Two and a half months after North Carolina was struck by devastating Hurricane Helen, American families are still grappling with the loss of homes, livelihoods, and basic utilities like power. The energy supplies we take for granted have been cut off, leaving families hunkered down with very limited options […]