Industrial Livestock Finance Undermines Banks' Climate Commitments
58 U.S. banks provided $134 billion in lending and underwriting to meat, dairy, animal feed, food processing, and agri-commodity corporations.
Source: foe.org
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New Mexico Governor Vetoes Tax Break for Wells After Pushback
Proposal to drill oil and gas near Denver superfund site raises concerns.
Source: capitalandmain.com
France's Macron says proposed EU-Mercosur agreement is 'very bad deal'
(Reuters) -French President Emmanuel Macron said on Wednesday during his visit to Brazil that a potential trade agreement between the European Union and the South American Mercosur bloc as it stands is a "very bad deal" and more climate commitments are needed. "As it is negotiated today, it is a very bad deal, for you and for us," Macron told businessmen in Sao Paulo while on a three-day trip to Latin America's largest economy, amid troubled talks over a free trade deal between the two economic blocs. "There is nothing that takes into consideration the subject o...
Source: yahoo.com
Texas officials ban bank from working with local governments over climate commitments — here's how it's affecting taxpayers
State officials see them as a threat.
Source: yahoo.com
Banks backpedal on climate amid federal scrutiny, anti-ESG pressure
Many of the largest U.S. banks and asset managers are retreating from their climate commitments amid rising federal scrutiny and an assault on environmentally conscious investing in state legislatures. As more stringent federal oversight looms and bills to blacklist and in some cases criminalize banks that refuse to invest in fossil fuels are proposed in…
Source: yahoo.com