The move comes as a result of domestic political pressure from Norway’s left-wing party, and marks a major change in tone for the country.
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Countries at the United Nations COP29 climate summit struck a deal on the basic rules to launch an international carbon trading market.
Hydrogen faces a number of hurdles before it can be considered a suitable alternative to jet fuel – namely, cost.
But stymieing aviation emissions may take more than just workarounds for contrails.
The US homeowners insurance segment took a $15.2 billion net underwriting loss last year, the worst loss this century.
Microsoft is is buying 500,000 carbon credits from Occidental Petroleum over the next six years to help reach its carbon-negative goal.
Novo Nordisk on Wednesday announced an expanded deal with healthtech firm Valo Health to use AI to fuel drug discovery.
A spill of new data Wednesday sent oil futures slipping and sliding in opposite directions. So is Big Oil’s tank is half-full or half-empty?
On Tuesday, the overall yield on the US 10-Year Treasury Bond touched its highest intraday point, 4.699%, since last spring.