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...But the only taker for Guyana’s credits so far has been US oil and gas producer Hess Corporation, which owns 30 per cent of the Stabroek oil block off Guyana’s coast, and was bought by Chevron last year....
...The City of London Corporation, which owns the London Wall West site, will seek to entice a private sector developer to take on the project....
...We truly have a market system that has been captured by large corporations, something that I experience nearly every day in my own working life....
...The ECB is already taking steps to address what critics have called its inherent “carbon bias”....
...China’s state-owned giants, China National Nuclear Corporation and China General Nuclear Power Group, are also expanding rapidly....
...Reeves also gave her clearest hint yet that Labour could jettison its pledge to spend £28bn a year on low-carbon infrastructure after the Tory government’s spring Budget, depending on the state of the public...
...Will there be a premium [paid to businesses using carbon capture]? If big corporations are serious, they need to start buying carbon-free materials.”...
...The minimum tax on corporations has been fixed at 15 per cent [under an international agreement]. But originally, the number that was proposed was 25....
...While Europe and the UK are trying to cut their reliance on natural gas to reduce carbon dioxide emissions, others are turning to the fuel as a lower carbon alternative to coal....
..., founder of the Carbon Tracker think-tank....
...The company is now targeting a 15-20 per cent drop in carbon intensity by 2030....
...Manufacturers, ranging from giant corporations to smaller companies in the country’s famed Mittelstand, have already been hit by rising inflation and a rapid increase in interest rates....
...Describing fears that “the era of the office is dead, post-Covid” as “nonsense”, Hayward said that companies were looking for higher quality offices that would help them reduce their carbon footprint....
...That suggests similar coalitions may be able to make progress in other areas, such as carbon border adjustments, where global consensus is hard to secure. There are wrinkles....
...Whether via carbon pricing, or a tax on resource usage, it’s quite likely that those input costs will rise significantly in the future....
...tax £20bn to be invested over 20 years in carbon capture and storage Cap on tax-free annual pension contributions raised from £40,000 to £60,000; lifetime allowance on tax-free pension pots abolished...
.... — Simon Mundy COP28 in brief: Several big banks and corporations publicly backed the Energy Transition Accelerator, a US-led scheme to fund developing nations’ move away from polluting energy sources...
...Then there’s Europe’s lack of enthusiasm for the US approach to climate change (which involves industrial policy versus carbon pricing) or its befuddlement over US trade representative Katherine Tai’s challenges...
...As part of its blue-bond standards, the ICMA cited research from the US National Oceanic and Atmospheric Administration that oceans absorb about 31 per cent of carbon dioxide emissions released....
...Companies are hoping to find multiple ways to make desalination more efficient without boosting carbon emissions....
...It agreed to buy Firestone Building Products from Japan’s Bridgestone Corporation for $3.4bn in 2021. The company had a “pipeline of acquisition projects” in the US, Jenisch told the FT....
...Furthermore, the authors find that this is not merely a “sin stock” effect, where disreputable corporations (makers of booze, guns, tobacco) trade at a discount....
...This makes measuring carbon emissions, with a single key metric — a tonne of carbon dioxide — look simple....
...Corporations, meanwhile, get a chunk off their tax bill....
...The measures were less stringent than originally expected, after the ISSB said in December it would allow corporations an additional year to report emissions across their entire value chain....
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