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HomeESG

ESG

Environmental, Social and Governance

Environmental
Energy Policy

Six Environmental Justice Policy Fights to Watch in 2023

January 19, 2023 Mariel Alumit

Unprecedented federal funding will soon flow to some of the nation’s communities hardest hit by climate change, industrial pollution and racist practices like redlining. This money also presents what environmental justice advocates describe as the […]

Pipelines
ESG

Pipelines key to cutting methane emissions

January 16, 2023 Mariel Alumit

Texas’ 417,513 miles of intrastate oil and gas pipelines are crucial are to solving the state’s problem with methane emissions and flaring and the presidents of the Texas Pipeline and Texas Independent Producers & Royalty […]

Teck
ESG

Teck fined $1.6 million for acid spill into Columbia River at Trail smelter operations

January 12, 2023 Mariel Alumit

​ Vancouver-based Teck Resources was ordered January 10 to pay C$2.2 million ($1.65m)for an acid spill into the Columbia River at the company’s Trail smelter operations. A Rossland provincial court judge made the order after […]

Massive
Bankruptcy

Massive Hedge Fund, Also Known As Swiss National Bank, Suffers Colossal $143 Billion Loss In 2022

January 10, 2023 Mariel Alumit

The last time we looked at the massive money-printing (literally) hedge fund that also moonlights as the Swiss National Bank, we were stunned to learn that its US equity holdings had exploded to a record […]

India
ESG

India invests $2.3B in green hydrogen

January 10, 2023 Mariel Alumit

BENGALURU, India — The government has approved $2.3 billion to support production, use and exports of green hydrogen, aiming to make India a global hub for the nascent industry. The funding, announced last week is […]

Exagen
ESG

Exagen submits plans for 500MW/1GWh battery storage mega-project

January 10, 2023 Mariel Alumit

Exagen has confirmed that it has submitted plans for a 500MW/1GWh battery storage mega-project to Blaby District Council. Situated in Leicestershire, the Normanton Energy Reserve will be created across 19 acres, have a capacity of 500MW/1GWh […]

Crude Oil News

CMES takes delivery of eco-friendly VLCC from DSIC

January 9, 2023 Mariel Alumit

Chinese shipping company China Merchants Energy Shipping (CMES) has taken delivery of an eco-friendly very large crude carrier (VLCC) from compatriot shipbuilder Dalian Shipbuilding Industry Company (DSIC). Credit: DSIC As informed, the 300,000-ton VLCC was named […]

ESG

Global ESG Bond Issuance Records First-Ever Annual Decline -Investors demand returns.

January 8, 2023 Mariel Alumit

Global sales of environmental, social, and governance (ESG) linked corporate bonds declined for the first time ever as interest rates soared, market turmoil persisted, and economic uncertainty turned borrowers away from debt markets. Bloomberg data […]

California
Climate Crisis

California and Its Non-Starter Net Zero Nonsense

January 6, 2023 Mariel Alumit

Californian regulators approved a plan to reduce the state’s carbon-dioxide emissions by 85 percent from 1990 levels by 2045, thereby reaching carbon neutrality, meaning the state will remove as many emissions from the atmosphere as it emits. […]

sustainable
ESG

Switzerland to implement sustainable fund label rules amid greenwashing concerns

January 3, 2023 Mariel Alumit

The Swiss Federal Council is set to implement new sustainable fund rules for asset managers which label their products “sustainable”, “green” or “ESG” in a bid to crack down on greenwashing. Under new proposals by the Swiss […]

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