Trump Effect: After Wall Street Exodus, The Net-Zero Banking Alliance Explores Axing 1.5C Temp Goal – ‘Such changes would amount to a clear departure from the founding tenets of the alliance’
Bloomberg: The largest climate-finance group for banks is exploring a list of fundamental adjustments to how it operates, as it seeks to right itself after a wave of high-profile exits. The Net-Zero Banking Alliance is considering an overhaul of its membership terms that may include abandoning a requirement for signatories to align their portfolios with a goal of limiting global warming to 1.5C …
The development follows a tumultuous few months for NZBA. The alliance was founded just four years ago and once claimed to represent over 40% of global banking assets. Now, with Wall Street responding to the Trump administration’s attacks on climate policies, net zero alliances are fighting for survival.
Goldman Sachs Group Inc. was the first Wall Street bank to turn its back on NZBA, announcing its decision a month after Donald Trump won the Nov. 5 presidential election. By Jan. 7, when JPMorgan Chase & Co. quit, not a single big US bank was left in the alliance. Canadian banks were quick to follow, virtually wiping NZBA off the North American map.
Wrong, The Guardian, There Are No Identifiable ‘Climate Tipping Points’
Wrong, The Guardian, There Are No Identifiable “Climate Tipping Points” By Linnea Lueken A recent article posted by The Guardian discusses funding given to UK research groups in an effort to track potential “climate tipping points” so forecasts can be made to warn about upcoming catastrophes. The premise that we are approaching dangerous and unprecedented climate tipping […]
AI kills solar & wind charade: Georgia was about to retire coal plants. Then came the data centers – ‘Utilities nationwide are falling back on fossil fuels to meet huge energy demand’
https://www.popsci.com/environment/georgia-was-about-to-retire-coal-plants-then-came-the-data-centers/ By Emily Jones / Grist Three years ago, one of the country’s largest electric utilities, Southern Company, made a splash when it announced it would retire most of its coal-fired power plants in the coming years, a major step toward the company’s stated goal of net zero greenhouse gas emissions by 2050. Southern’s subsidiary utilities […]
Sweden’s top court rejects Greta Thunberg lawsuit on ‘climate action’ – ‘A court cannot decide that government should take any specific action without the democratic bodies deciding independently on those issues’
https://www.newsbreak.com/share/3819513176876-sweden-s-top-court-rejects-greta-thunberg-lawsuit-on-climate-action STOCKHOLM (Reuters) – Sweden’s Supreme Court ruled on Wednesday that Greta Thunberg and hundreds of other activists cannot proceed with a class action lawsuit that had sought to force the state to take stronger action against climate change. Activists filed a lawsuit in 2022 arguing that the state violates the European Convention on Human […]
EPA declines to publicly release endangerment finding recommendation – ‘A 2009 scientific finding that underpins all’ climate regulations
EPA declines to publicly release endangerment finding recommendation The agency said it has briefed the White House on the legality of abandoning a 2009 scientific finding that underpins all greenhouse gas rules. By Jean Chemnick EPA Administrator Lee Zeldin has told the White House whether he plans to abandon the agency’s authority to regulate climate pollution. […]
NOAA data: January Sees Second Biggest Month-to-Month U.S. Temperature Drop Since 2009
USCRN Data Throws a Curveball: Second Biggest Month-to-Month Temperature Drop Since 2009 By Anthony Watts Dec 24 to Jan 25 was the 2nd biggest month-to-month temperature drop in the surface temperature record at 7.13°F in one month. As many readers know, we follow the U.S. Climate Reference Network (USCRN) closely here, keeping it updated monthly […]
REVOLTING DOOR: ‘Cashing In’: Biden’s Energy Sec Lands Cushy Gig At Major Utility Her Agency Boosted With Taxpayer Cash
https://dailycaller.com/2025/02/21/jennifer-granholm-utility-edison-board-seat-taxpayer-cash/ By Nick Pope Former Energy Secretary Jennifer Granholm is joining the board of a major U.S. utility company that received millions of taxpayer dollars from Granholm’s agency on her watch. Granholm will be a board member for Edison International, a major utility holding company, and she will also sit on the board for Southern […]
Wash Times Editorial Board: Trump’s EPA officials prepare ‘to bury the unscientific idea that carbon dioxide is a pollutant’ justifying Green New Deal – ‘Climate hoax fading fast’
https://www.washingtontimes.com/news/2025/feb/21/editorial-epa-officials-prepare-ditch-fiction-justifying-green-new/ By Editorial Board – The Washington Times The Environmental Protection Agency (EPA) is about to bury the unscientific idea that carbon dioxide is a pollutant. Dropping this “endangerment finding” represents the beginning of the end for the great global warming hoax. Under President Barack Obama, the agency in 2009 declared the molecule that enables plants to grow and humans to breathe […]
POLITICO: ‘The end of climate funding is just beginning at USAID’ – ‘The ax is already falling on climate programs’ including ‘multimillion-dollar effort to expand’ renewable energy in Africa
https://www.politico.com/newsletters/power-switch/2025/02/21/the-end-of-climate-funding-is-just-beginning-at-usaid-00205413 By SARA SCHONHARDT The ax is already falling on climate programs as the Trump administration attempts to dismantle the U.S. Agency for International Development. At least 10 climate and clean energy programs have gotten the chop, including support for Nepal’s power sector and a multimillion-dollar effort to expand electricity access through renewable sources in southern […]
Offshore Wind On Its Last Legs: Save the Whales Campaigns, Team Trump Boost Anti-Wind Legal Action
https://restoration-news.com/save-the-whales-campaigns-team-trump-boost-anti-wind-legal-action Save the Whales Campaigns, Team Trump Boost Anti-Wind Legal Action By Kevin Mooney Rising energy costs will be a decisive issue in 2025 governor’s races Whales migrating up and down the East Coast are getting at least a temporary reprieve from offshore wind. So are property owners, homeowners, business owners, tourists, and anyone with […]