House committee proposes annual $250 fee for EVs

Shoring up the Highway Trust Fund with annual federal registration fees for electric and hybrid vehicles is part of the Transportation & Infrastructure Committee’s budget reconciliation proposal.

By Dan Zukowski • May 7, 2025

HSBC pressed on net-zero by $1.6 trillion investor group at annual meeting

Some 30 investors called on the bank to “urgently affirm” its commitment to its climate goals and prioritizing net-zero emissions across its operations.

By Zoya Mirza • May 5, 2025

US solar, battery manufacturing to expand through 2027 despite uncertainty: Anza Renewables

This year, Anza sees tighter supplies and higher prices for U.S.-made solar cells and battery components as tariffs push buyers toward domestic options.

By Brian Martucci • May 5, 2025

Policy, tax uncertainty holding back US clean energy development

Clean energy policy experts gathered at DC Climate Week said that the current uncertainty around the U.S. tax and tariff environment is inhibiting the market.

By Lamar Johnson • May 2, 2025

Federal appeals court temporarily pauses litigation on Biden-era DOL ESG rule

The U.S. Fifth Circuit Court of Appeals issued a 30-day pause in the case, but noted that it “will not permit an open-ended abeyance.”

By Zoya Mirza • May 1, 2025

FASB’s draft rules could harm environmental credit markets: Environmental Defense Fund

The Financial Accounting Standards Board is proposing specific accounting standards for carbon offsets and other climate-related credits and obligations, sparking concern from environmental groups.

By Maura Webber Sadovi • April 30, 2025

DC Climate Week opens with calls to innovate approach to sustainability

Over 3,500 attendees have gathered in the nation’s capital this week to talk about innovation in climate tech, boosting green financing and more.

By Lamar Johnson • April 30, 2025

Clean energy manufacturers cancel projects as Trump-era policies take hold

Companies canceled, closed or downsized nearly $8 billion in projects in Q1.

By Kate Magill • April 28, 2025

More anti-DEI shareholder proposals fail at Goldman Sachs, Levi’s

Proposals aimed at overturning or altering companies’ DEI practices have been unpopular with shareholders. Submissions to the financial institution and clothing company received less than 2% support.

By Lamar Johnson • April 28, 2025

NYC pension funds to drop asset managers lacking solid net-zero plans: comptroller

“Our new standards demand that the retirement systems’ managers strengthen their net zero plans consistent with their fiduciary duty — or we will find new asset managers who will,” Brad Lander said.

By Zoya Mirza • April 25, 2025

Google signs first offshore wind deal in Asia Pacific region

The deal with Copenhagen Infrastructure Partners adds wind power to the search giant’s renewable energy portfolio in Taiwan, which was recently expanded to include geothermal energy.

By Lamar Johnson • April 24, 2025

Mastercard announces solar, geothermal projects for its facilities

The payments company will build a solar panel array to power its tech hub in Missouri and replace its natural gas cooling and heating system with geothermal at its New York HQ.

By Lamar Johnson • April 23, 2025

New York state pension fund commits $2.4B to climate-focused investments

The investment is part of the New York State Common Retirement Fund’s broader goal of allocating $40 billion to sustainable investments and climate solutions by 2035.

By Zoya Mirza • April 23, 2025

Labor Dept. considers rescinding Biden-era ESG fiduciary rule

The agency asked for a suspension of litigation in the Fifth Circuit Court of Appeals, as it considers whether to get rid of the rule allowing pension funds to consider ESG factors.

By Lamar Johnson • April 22, 2025

EPA granted appellate stay after judge rules to end GGRF funding freeze

A judge ruled Tuesday to end the freeze and allow grantees to access their funding, but appellate judges granted EPA a stay on that injunction late Wednesday. 

By Diana DiGangi • April 21, 2025

Energy regulator grants BlackRock renewed authorization for large utility investments

The Federal Energy Regulatory Commission gave the nation’s largest asset manager approval to continue to acquire up to 20% of voting securities for utility companies for another three years.

By Lamar Johnson • April 18, 2025

Trump administration ordered to resume IRA funding

A federal judge’s decision, which stated agencies lacked authority to pause funding, follows the president’s executive order to freeze the money on his first day in office. 

By Kate Magill • April 18, 2025

SEC approves first US ‘green’ stock exchange

The Securities and Exchange Commission gave final approval for Green Impact Exchange to open the first national exchange for sustainability offerings, with trading set to begin in 2026.

By Lamar Johnson • April 17, 2025

Microsoft signs pair of large-scale carbon removal deals with CO280, Terradot

The tech giant will purchase 3.685 million tonnes of removal credits through paper mill retrofits, and 12,000 tonnes of credits through enhanced rock weathering.

By Lamar Johnson • April 16, 2025

NZBA scraps requirement for banks to strictly target a 1.5°C warming scenario

The United Nations’ Net-Zero Banking Alliance has updated its guidelines in the wake of departures, with its latest guidance aiming for global warming “well below 2°C.”

By Lamar Johnson • April 15, 2025

Ally’s DEI suit dismissed after bank reduces emphasis

America First Legal dropped its lawsuit against Ally Financial after the lender largely scrubbed diversity references from its public filings.

By Gabrielle Saulsbery • April 14, 2025

J.P. Morgan Asset Management closes $1.5B climate, forests fund

The fund exceeded its initial close target and aims to support sustainability in forestry, timber production and carbon sequestration.

By Lamar Johnson • April 11, 2025

Physical risk playbook: How and why companies should step up their climate resiliency efforts

Investors need information on corporate resilience strategies for climate-driven disasters to price investment risks accurately, says Impax Asset Management’s Julie Gorte.

By Julie Gorte • April 11, 2025

EU legislators work to simplify sustainability reporting requirements

The European Union has delayed sustainability reporting for the CSRD and CSDDD while legislators work to simplify the underlying requirements for businesses.

By Lamar Johnson • April 10, 2025

4 ways tariffs could impact recycled plastic markets

Recycling industry analysts say high-level trends affecting markets and manufacturing will affect recyclers as trade war uncertainties continue.

By Megan Quinn • April 10, 2025