Alignment in carbon pricing rules will lessen compliance burden and may serve as protection against trade tariffs. Confirmation of a UK carbon tax on imports has sent investors a positive signal of the Labour government’s climate ambition, but experts insist it must be interoperable with the EU’s carbon rules to minimise disruption. Currently slated to come into effect from January…
Eclipse Earn Review – Is This Trading Platform Legit?
Eclipse Earn is a cryptocurrency platform offering users a secure and easy way to earn rewards through digital asset investments and staking. Official Website: Click Here Eclipse Earn Key Points Platform Cost No cost to create an account Platform Category Web and mobile-oriented platform Platform Type Cryptocurrency Assets Associated Fees No fees What is Eclipse Earn? Eclipse Earn is an…
ADNOC Launches $80 Billion Low Carbon Energy and Chemicals Investment Platform
The Abu Dhabi National Oil Company (ADNOC) announced the launch of XRG, described by the company as a new “lower-carbon energy and chemicals investment powerhouse,” with a portfolio of assets of $80 billion, and a goal to more than double its asset value by 2035. According to ADNOC, XRG’s growth will be driven by key megatrends, including the transformation of…
EQT, GIC Acquire Majority Stake in Energy Transition Infrastructure Provider Calisen
Private equity and venture capital investor EQT Group and Singapore’s sovereign wealth fund, GIC, announced today the acquisition of a majority stake in UK-based energy transition-focused infrastructure company Calisen from a consortium of investors including Goldman Sachs Alternatives, BlackRock-owned Global Infrastructure Partners (GIP), and Mubadala Investment Company. According to a report by the Financial Times, the transaction values Calisen at over…
European Commission Publishes EU Taxonomy FAQ to Help Investors Implement Sustainability Classification System
The European Commission announced the publication of a new set of frequently asked questions (FAQs), aimed at helping support investors in the implementation of the EU Taxonomy, its classification system for defining sustainable economic activities. According to the Commission, the publication is aimed at making the Taxonomy easier to use, and forms part of its efforts to reduce the administrative…
Guest Post: The Path to AI-Powered Sustainability and ESG Lies in Partner Ecosystems
By: Sheri Hinish, Principal Global Consulting Sustainability, Technology + Ecosystems Leader, EY We stand at the intersection of two revolutions—sustainability and artificial intelligence. One demands we change how we live, and the other enables us to do it. The convergence of AI and ESG represents a transformative force for businesses seeking to address today’s sustainability challenges. AI is pivotal in…
Texas Launches Multi-State Lawsuit Accusing BlackRock, Vanguard, State Street of Using ESG Investing to Manipulate Energy Markets
Texas Attorney General Ken Paxton announced the launch of a lawsuit against investment giants BlackRock, Vanguard and State Street, joined by 10 other states, accusing the asset managers of using their positions in climate-focused investment initiatives to manipulate coal markets and drive up the cost of energy. In statements received by ESG Today from BlackRock and State Street, the investment…