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Bank of England told to stop buying 'high carbon' bonds
A group of British members of parliament say that the Bank of England should stop buying bonds from businesses whose activities accelerate global warming.
Britain hopes Biden will commit to net-zero target by 2050
British Prime Minister Boris Johnson said he hoped Joe Biden, who will be inaugurated as U.S. President on Wednesday, would join Britain in its commitment to cut greenhouse gas emissions to net zero by 2050.
www.reuters.com
Pandemic nudging firms to address climate change, Norway wealth fund says
The coronavirus pandemic may be accelerating a shift among companies worldwide to make their operations more environmentally sustainable, a high-ranking official at Norway's $1.25 trillion sovereign wealth fund says.
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Scientists warn of 'critical oversight' in EU green finance rules
More than 100 scientists have urged the European Commission to address urgently a "critical oversight" in its planned rules on sustainable finance that they say could undermine the bloc's climate change goals.
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Prince Charles says firms must prioritise climate change fight
Britain's heir-to-the-throne Prince Charles said companies must put nature and sustainability at the heart of their business models because the world is "literally at the last hour" in the fight against climate change.
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Supreme Court takes up energy companies' appeal over Baltimore climate suit
The U.S. Supreme Court has agreed to hear an appeal by energy companies including BP PLC, Chevron Corp, Exxon Mobil Corp and Royal Dutch Shell PLC contesting a lawsuit by the city of Baltimore seeking damages for the impact of global climate change.
www.reuters.com
Climate activists stage protest at oilfield in southern England
Extinction Rebellion activists staged a protest on Monday at an oilfield in southern England part owned by British energy company UK Oil & Gas Plc, according to a spokeswoman for the group and photos on social media.
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