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.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
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.
The Fed’s September rate cut turbo-charged the stock market, but can the market keep up its bull run for 2025?
The massive private-equity investments are causing concerns about its impact on the wealth management industry.
New filings with the Securities and Exchange Commission are requesting permission to launch ETFs that hold both public and private assets.