Business

Finland Shuts Down Its Last Utility-Scale Coal Plant

Finland Shuts Down Its Last Utility-Scale Coal Plant

The last utility-scale coal plant in Finland has closed. The Salmisaari plant, operated by the Helsinki-owned energy group called Helen, shut down its final coal-powered electricity and heat plant on Tuesday, as the country focuses on more renewable energy sources. As Reuters reported, Finland passed a law in 2019 that would ban coal after 2029. […]

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    Tackling Climate Crisis Will Boost Economic Growth, While Inaction Could Cause ‘Permanent Recession,’ Researchers Say

    Tackling Climate Crisis Will Boost Economic Growth, While Inaction Could Cause ‘Permanent Recession,’ Researchers Say

    Tackling the climate crisis with bold action will increase nations’ economic growth instead of damaging it as net-zero policy critics have claimed, according to new research from the Organisation for Economic Co-Operation and Development (OECD) and the United Nations Development Programme (UNDP). Ambitious goals and implementing policies to reduce greenhouse gas emissions would lead to […]

    Jury Finds Greenpeace Liable for $660 Million in Defamation Lawsuit

    Jury Finds Greenpeace Liable for $660 Million in Defamation Lawsuit

    A jury in North Dakota has found Greenpeace liable in a defamation lawsuit by Energy Transfer, an oil company based in Dallas, Texas. Energy Transfer sued Greenpeace in state court over protests of the Dakota Access Pipeline that took place from April 2016 to February 2017. Energy Transfer argued that the protests sought to defame […]

    UN Report Calls for Reduction of Building and Construction Emissions Worldwide

    UN Report Calls for Reduction of Building and Construction Emissions Worldwide

    Building and construction consumes 32 percent of the world’s energy while contributing 34 percent of its carbon emissions. The sector depends on materials like steel and cement that are major contributors to construction waste and are also responsible for 18 percent of emissions worldwide. While more countries are working toward decarbonizing their buildings, slow financing […]

    ‘The Day Trump’s Big Oil Megadonors Paid for’: EPA Chief Zeldin Announces Rollback of 31 Landmark Environmental Regulations

    ‘The Day Trump’s Big Oil Megadonors Paid for’: EPA Chief Zeldin Announces Rollback of 31 Landmark Environmental Regulations

    In what United States Environmental Protection Agency (EPA) Administrator Lee Zeldin called the “most consequential day of deregulation in American history,” on Wednesday the EPA chief announced 31 deregulation actions that will roll back Biden-era environmental rules, including those concerning climate change, electric vehicles (EVs) and pollution limits for coal-fired power plants, reported The Associated […]

    Trump’s Energy Secretary Chris Wright Tells Fossil Fuel Execs He Wants to ‘Play a Role in Reversing’ Biden Climate Policies

    Trump’s Energy Secretary Chris Wright Tells Fossil Fuel Execs He Wants to ‘Play a Role in Reversing’ Biden Climate Policies

    United States Energy Secretary Chris Wright on Monday delivered a blunt critique of the energy and climate policies of the Biden administration to a group of oil and gas executives, promising a “180 degree pivot.” The former fracking executive is fully behind President Donald Trump’s plan to expand fossil fuel production in the U.S. while […]

    Trump’s DOJ Drops Environmental Justice Lawsuit Against Chemical Plant in ‘Cancer Alley’

    Trump’s DOJ Drops Environmental Justice Lawsuit Against Chemical Plant in ‘Cancer Alley’

    The Trump administration’s Department of Justice (DOJ) has agreed to drop an environmental justice case against the Denka petrochemical plant in Louisiana’s “Cancer Alley.” The Biden-era lawsuit sought to curb chloroprene emissions that are harming surrounding majority-Black communities like Reserve, Louisiana. Filed by the U.S. Environmental Protection Agency (EPA), the lawsuit stated that Denka’s chloroprene […]