US climate envoy John Kerry resumes contact with China at COP27

US climate envoy John Kerry resumes contact with China at COP27

SHARM EL SHEIKH, Egypt – US climate envoy John Kerry said Tuesday he spoke with his Chinese counterpart on the sidelines of the UN climate conference COP27, reviving contacts between countries crucial to global efforts to limit greenhouse gas emissions. “We need to talk to each other because we are the two largest economies in … Read more

Cut green demands at COP27 may signal progress

Cut green demands at COP27 may signal progress

Less fanfare from companies at this year’s UN climate conference does not necessarily mean that they are scaling back their ambitions for decarbonisation. Business and political leaders from around the world have gathered on the shores of the Red Sea for this year’s Conference of the Parties to the United Nations Framework Convention on Climate … Read more

As COP27 begins, the US is seeking billions in carbon credits to wean developing countries off fossil fuels

As COP27 begins, the US is seeking billions in carbon credits to wean developing countries off fossil fuels

SHARM EL SHEIKH, Egypt – U.S. climate envoy John Kerry plans to propose a new carbon credit program aimed at increasing funding from companies and governments in wealthy economies to help developing countries cut fossil fuels. Mr. Kerry said in an interview that he plans to make the proposal at the United Nations climate conference … Read more

California’s ban on natural gas is forcing the largest gas utility to find a new strategy

California’s ban on natural gas is forcing the largest gas utility to find a new strategy

As California expands its efforts to phase out the use of natural gas in homes, the nation’s largest gas utility is trying to reinvent itself for a future where far fewer customers use their core utility. Southern California Gas Co., a unit of Sempra, SRE -0.60% is investigating how to recycle your system – and … Read more

Why buy municipal bonds if the world is ending?

Why buy municipal bonds if the world is ending?

From initial public offerings of electric vehicles to environmental, social and government funds, the possibilities in climate-related investments seem endless. Still, a troubling trend is emerging involving state and local governments’ blanket obligations and their legal climate activism. The same jurisdictions that are suing energy companies for alleged damages due to climate change also state … Read more

Wall Street Firm Makes $1.8 Billion Bet on Forest Carbon Offsets

Wall Street Firm Makes $1.8 Billion Bet on Forest Carbon Offsets

PISGAH, Md.—A major player in the credit markets has made one of the biggest U.S. timber purchases in years, making Wall Street’s biggest bet yet on forest carbon markets. The properties spread across 17 eastern states and will be overseen by a unit of environmental marketing firm Anew Climate LLC. Oak Hill joined Anew’s subsidiary … Read more

Climate doomsday is approaching — again – WSJ

Climate doomsday is approaching — again – WSJ

United Nations Secretariat building in New York. Photo: ANDREW KELLY/REUTERS Humans, the poor ones, continue to disappoint the saviors at the UN, and never more so than on climate change. The global body announced last week that despite all the world’s climate sacrifices and trillions of dollars in renewable energy spending, we are all still … Read more

California’s climate policy is being burned

California’s climate policy is being burned

A firefighter monitors a backfire, flames lit by fire crews to burn off vegetation while battling the Mosquito Fire in the Volcanoville community of El Dorado County, California, on September 9. Photo: Noah Berger/Associated Press Two decades of California greenhouse gas emissions reductions went up in smoke in 2020 — literally. So finds a new … Read more

Western World’s Energy Folly in a New York nutshell

Western World’s Energy Folly in a New York nutshell

The latest report from New York State’s grid operator is a master class in everything wrong with the Western world’s approach to climate change. So: everything wrong with an approach that consists of throwing money at green business interests despite any practical considerations. If you think there’s something else going on, like mitigating climate change, … Read more

The one small problem with a Washington Post story

The one small problem with a Washington Post story

Photo: Gustavo De La Paz/Zuma Press Regular news consumers are familiar with the endless media effort to tie untoward incidents to right-of-center business people and politicians. This column’s most famous alumnus entertained readers by satirically blaming all sorts of random accidents on either climate change or George W. Bush. Recently, this column noted how various … Read more