CA’s Catastrophic Wildfires in 2020 Erased 20 Years of Greenhouse Gas Emission Reductions

New Mexico high severity claims

According to a new study, California’s catastrophic wildfires in 2020 released twice as much greenhouse gas emissions into the atmosphere as the state’s reductions in those same gases over nearly 20 years, erasing gains dating back to 2003. According to the researchers, it is part of a very negative positive feedback loop. “Climate change is… Continue reading CA’s Catastrophic Wildfires in 2020 Erased 20 Years of Greenhouse Gas Emission Reductions

Report Reveals Gaps in Net-Zero Emissions Pledges by Global Corporations

ESG Investment Rule

According to a new inventory of net-zero efforts in the public and private sectors, corporate plans to reduce greenhouse gas emissions fall short of what is required to combat climate change, with “major credibility gaps” discovered among the world’s largest companies. Approximately half of the Forbes 2000 largest corporations have yet to announce plans to… Continue reading Report Reveals Gaps in Net-Zero Emissions Pledges by Global Corporations

EPA Expected to Issue Tighter Regulations for Power Plants

Climate change disclosure rules

As part of President Biden’s plan to reduce greenhouse-gas emissions, the Environmental Protection Agency (EPA) is preparing to advance tougher regulations on power plants in the coming months. According to EPA Administrator Michael Regan, the agency wants to impose stricter air-quality standards for mercury and other toxic pollutants, as well as new restrictions on wastewater… Continue reading EPA Expected to Issue Tighter Regulations for Power Plants

Eyes on U.S. Climate Lawsuits after Landmark Dutch Ruling

Superfund bill passed in NY

A landmark ruling on Wednesday by a Dutch court ordering Royal Dutch Shell to drastically cut its planned greenhouse gas emissions could impact the United States where most of the world’s climate cases are being litigated. About 1,375 lawsuits seeking relief from climate change have been filed in U.S. courts, compared to about 425 in… Continue reading Eyes on U.S. Climate Lawsuits after Landmark Dutch Ruling

Chubb Achieves Greenhouse Gas Emissions Reduction Goal; GHGs Cut 22% from 2016 Baseline

Chubb posts Q1 2024 profits

Chubb announced today that it has achieved its short-term goal to reduce greenhouse gas (GHG) emissions 20% on an absolute basis by 2025. By year-end 2019, Chubb’s GHG emissions were cut 22% from a 2016 baseline. The company continues to pursue its long-term goal to reduce absolute GHG emissions 40% by 2035. Both science-based goals… Continue reading Chubb Achieves Greenhouse Gas Emissions Reduction Goal; GHGs Cut 22% from 2016 Baseline