California climate disclosure rule could reorder corporate carbon rankings, redirect capital -study
Mandatory disclosure of full corporate emissions under a California climate law could significantly reshape how investors compare companies’ carbon performance and reallocate capital across sectors, according to new academic research.
Read MoreClimate Litigation Roundup: Climate liability reaches SCOTUS as judicial scrutiny of corporate climate claims intensifies
The past month in climate litigation saw the US’ highest court take up a major lawsuit led by local governments against the oil industry, a landmark corporate climate case move into trial phase in Europe, and courts across multiple jurisdictions weigh greenwashing claims and statutory climate duties.
Read MoreFormer head of US environmental NGO launches initiative backing CDR, polluter accountability
A former leader of a major US environmental advocacy group has launched a new climate initiative aimed at scaling carbon dioxide removal (CDR) technologies while supporting efforts to hold fossil fuel companies accountable for climate damages.
Read MoreLawsuit claims retirement plan exposed US workers’ savings to climate-related financial risks
A former employee filed a class action lawsuit on Tuesday alleging that workers’ retirement savings were exposed to excessive climate-related financial risk through an investment option in a company-sponsored 401(k) plan.
Read MoreMinnesota Democrats introduce GHG superfund bill aiming to recover climate costs
Democratic lawmakers in Minnesota introduced legislation on Wednesday that would create a GHG pollution “superfund” programme aimed at recovering climate-related costs from major fossil fuel companies and funding adaptation projects across the state.
Read MoreAdditionality rules risk excluding Indigenous stewardship from carbon markets, academics say
Carbon market rules designed to ensure environmental integrity could inadvertently exclude Indigenous land stewards from participating in nature-based carbon schemes, according to a new academic commentary.
Read MoreBRIEFING: As SCOTUS narrows presidential tariff powers, legislative US carbon border proposals could serve as alternative
The US Supreme Court’s (SCOTUS) recent decision striking down President Donald Trump’s (R) use of emergency powers to impose sweeping tariffs has narrowed the executive branch’s unilateral trade authority and could increase interest from lawmakers to pursue statutory trade tools – including border carbon adjustments (BCAs).
Read MoreJudge blocks Trump administration’s bid to scrap New York congestion pricing
Federal transportation officials lost their bid to terminate New York’s congestion pricing programme on Tuesday after a US district court granted summary judgment to state transit agencies and ruled that the government’s attempted rescission was unlawful.
Read MoreSCOTUS petition targets Congress’ delegation of HFC market authority
A refrigerants producer has asked the US Supreme Court (SCOTUS) to review a ruling that upheld the US EPA’s authority to allocate hydrofluorocarbon (HFC) allowances under a 2020 climate law, arguing that Congress unconstitutionally handed the agency “unbounded discretion” over a multibillion-dollar market.
Read MoreCalifornia orders 6,000 MW of new clean capacity through 2032 amid tax credit phase-out
California regulators last week ordered load-serving entities to procure 6,000 MW of new clean capacity between 2030 and 2032, citing rising demand forecasts and a rapid phase-out of federal tax credits.
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