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Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

Centrica, Nestle, Swatch among companies exposed to physical climate risks-investors

European energy firms Centrica and Galp, food group Nestle and watchmaker Swatch are among 50 companies worldwide that are highly exposed to physical climate risks, investors with $10 trillion in assets say.

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Photo by David Martin on Unsplash

U.S. senators haggle over funding of $1 trillion infrastructure compromise

A bipartisan infrastructure plan costing a little over $1 trillion, only about a fourth of what President Joe Biden initially proposed, has been gaining support in the U.S. Senate, but disputes continue over how it should be funded.

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Photo by Victor Garcia on Unsplash

Europe could experience warmer than normal April-June, says Weather Company

Recent climate trends and models suggest cool, wet and windy conditions across northern and western Europe and hot and dry conditions in southern-eastern Europe.

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EU climate change plans will ripple through foreign policy, researchers say

The European Union's goal to have zero net greenhouse gas emissions by 2050 will have "profound geopolitical repercussions," including sharply lower revenue to oil and gas exporting neighbors such as Russia, Algeria and Libya, the European University Institute and two influential think-tanks say.

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U.S. green groups say honeymoon is over, turn up heat on Biden

U.S. environmental groups that poured money and effort behind Democrat Joe Biden's successful run for president are shifting to a new more adversarial role now that he has been elected, launching a pressure campaign to make sure he delivers on his promises to fight climate change.

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www.reuters.com

Energy efficiency progress falters amid pandemic: IEA

Global progress toward energy efficiency has slowed to its lowest rate in 10 years due to subdued prices amid the COVID-19 pandemic, the International Energy Agency says, dealing a setback to efforts to curb climate change.

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Analysis: Carbon pricing rises as world's weapon of choice in climate fight

Can you put a price on pollution? Some of the world's biggest economies are doing just that as they wrestle with how to make good on grand pledges to tame planet-warming emissions.
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