The Biden Administration says it will consider carbon border adjustment taxes to help cut greenhouse gas emissions in global trade and intends to pursue "strengthened enforcement" to ensure that China lives up to existing trade obligations.
A group of British members of parliament say that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
The U.S. Chamber of Commerce, the country's biggest and most influential business lobby group, shifted its position on climate change, saying Congress should pass laws pushing companies to limit greenhouse gas emissions.
Allstate Corp wants a potential Democratic administration to back a taxpayer-funded program that would pay for losses caused by the largest climate-change fueled natural disasters, the Illinois-based insurer's chief executive said.
The Dutch parliament will approve a law requiring the Netherlands to cut greenhouse gas emissions by 95 percent by 2050, compared with the level in 1990, lawmakers representing 75 percent of the seats in the Dutch Lower House said on Wednesday.
