Net-zero aspirations fade as companies step back
The Illusion of a Green Utopia We were sold this idea of a “green” paradise—no fossil fuels, just a clean world. Yet, the residents of this imagined realm, like the Net-Zero Hobbit, remain blissfully unaware of the tough realities dictated by science, engineering, and economics. When touted by major corporations and governments alike, the dream […]
The push for net-zero in Britain is being hindered by resistance to solar and wind initiatives.
The UK is aiming for net-zero emissions by 2050, but the high costs of energy and a lack of support from the Labour Party are not the only challenges it faces. There’s considerable pushback from rural landowners against proposed solar and wind projects across the country. Many landowners are, well, insisting that such developments should […]
Trump’s war on net-zero will hit his Republican supporters hardest
In a typical bold presidential election in 2024, Donald Trump hits American oil in the South and Midwest by pledging a dramatic rollback of renewable energy and the burgeoning green transition. He sought to bring together his climate skeptic base in the state. That transition helped him be a signature policy of his predecessor and […]
Wall Street breaks from net-zero climate alliance ahead of Trump term
Big Wall Street banks simultaneously pulled out of the same Net Zero Climate Alliance that was investigated by Republican lawmakers last year and announced just weeks before President-elect Donald Trump took office. From 2021, major banks will join Net Zero, a global group of financial institutions “committed to financing ambitious climate action” to move economies […]
Citigroup joins US lenders in exiting Net-Zero Banking Alliance – Yahoo Finance
(Reuters) – U.S. bank Citigroup said on Tuesday it would withdraw from the Net Zero Banking Alliance (NZBA), a group of global banks committed to curbing greenhouse gas emissions. The move makes Citigroup the third major U.S. financial institution to leave the group, following Wells Fargo and Goldman Sachs, which departed earlier this month. Financial […]
GOP leaders open joint probe into global energy group influencing net-zero policies in US
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