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...The credits are meant to represent a tonne of carbon removed or reduced from the atmosphere, for example through tree-planting projects....
...But we can promise some things that we can deliver,” one junior minister told the Financial Times, adding that Harris would have a “laser focus”....
...Mark Spencer told the Financial Times in an interview that the UK had to take care not to let too much farmland be turned over to tree planting and other carbon offsetting schemes for the sake of corporate...
...To add to its misery, US hedge fund bondholder Fir Tree has initiated legal proceedings to push the company into default over allegations that it has breached its debt covenants....
...Miles Celic, chief executive of financial services lobby group The CityUK, welcomed the announcements....
...Fitzgerald points out that the most enthusiastic early adopters of green cities were big corporations and those who ran them — particularly the 19th-century industrialist Lord Lever, whose Port Sunlight...
...“Texas PSF Corporation is in full compliance with all state laws,” she said....
...“Mr Biden’s recent, more strident accusations that greedy corporations are responsible for price increases seem to have won him points.”...
...Kerry also insisted that the green momentum among corporations was now unstoppable, despite political backlash....
...And the implications of this green turn by China’s SOEs go beyond the high-level climate targets....
...The ECB, for its part, has said that it lacks data on asset-backed securities and other structured products issued by financial corporations that are eligible as collateral....
...“Many corporations are looking at investment cases [elsewhere] and putting their money in other markets.”...
...Belgian hydrogen start-up Tree Energy Solutions said on Friday it would build a $4bn plant in Quebec to produce synthetic natural gas with green hydrogen, as Canada tries to compete with the US in a race...
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...“I’d imagine a lot of the multinationals and corporations that are thinking of investing in Panama are also thinking, ‘am I going to get caught up in this?’”...
...This includes assisting developing countries in their implementation efforts with technical, financial, and capacity-building support....
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...The fund will seek commercial returns, without concessional financing, said Tomasz Telma, global head of the IFC’s financial institutions group....
...Climate disclosures and red tape linked to the green agenda have also raised concerns about the competitiveness of EU industry inside the bloc....
...Lawmakers in Brasília are advancing a bill that would establish a “cap-and-trade” system, in which projects that would reduce or remove carbon dioxide from the atmosphere — such as tree planting — would...
...“The 150,000 homes would appear to just be nonsensical, if I’m honest, because the infrastructure just isn’t there,” Davey told the Financial Times....
...Imperial Life in the Emerald City: Inside Baghdad’s Green Zone, by Rajiv Chandrasekaran....
...But she will add: “Financial responsibility means knowing when not to spend and getting the bang for your buck.”...
...Big airlines and the Irish prime minister have warned that maintaining the cap could hit an economy where multinationals such as Microsoft, Apple, Google and Pfizer pay billions of euros in corporation tax...
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