Finance: Page 2


  • Longworth Congressional Building
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    Win McNamee via Getty Images
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    House GOP proposes early phaseout of IRA clean energy tax credits

    The House Ways and Means Committee’s draft budget scales back the technology-neutral clean energy investment and production tax credits while leaving carbon capture credits largely intact.

    By Brian Martucci • May 13, 2025
  • Google New York City Headquarters, Manhattan
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    Michael M. Santiago via Getty Images
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    Google announces deals for nuclear projects, cutting superpollutants

    The deals with Elementl Power, Recoolit and Cool Effect will provide early stage financing for three nuclear energy projects and eliminate 25,000 tons of superpollutants from the atmosphere.

    By May 12, 2025
  • The Microsoft pavilion stands at the 2025 Hannover Messe industrial trade fair on March 31, 2025 in Hanover, Germany.
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    Sean Gallup via Getty Images
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    Microsoft, EFM ink forestry-based carbon removal deal

    The carbon offtake deal with the forest investment and management firm will provide the tech giant 700,000 nature-based credits through 2035.

    By May 12, 2025
  • President Trump standing with a group of men and pointing his finger in front of a pile of rubble.
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    Win McNamee via Getty Images
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    NOAA stops tracking cost of extreme weather and climate disasters

    The data can't be replicated by city and state governments, scientists say.

    By Robyn Griggs Lawrence • May 12, 2025
  • Bill Nye gesturing seated next to Arcadia CEO Kiran Bhatraju with a DC Climate Week sign in the far right of the image.
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    Permission granted by Cedric Craig for DC Climate Week
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    DC’s first climate week highlights net-zero innovations and challenges

    More than 4,500 attendees were in the nation’s capital as climate experts and startups look to make Washington, D.C. one of the top climate tech hubs in the U.S.

    By Updated June 2, 2025
  • A smoky haze seen in front of the Empire State Building.
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    David Dee Delgado via Getty Images
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    Central bank climate coalition releases near-term scenario planning tool

    The Network of Central Banks and Supervisors for Greening the Financial System released the first public tool to examine the short-term impacts of climate change and related policies on the economy.

    By May 8, 2025
  • A wide view of a hearing room in the U.S. Capitol with members of Congress and staffers.
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    (2025). "https://www.youtube.com/live/XhheK2197-8?si=FLXzFrXpEFreLvHx" [Video]. Retrieved from T&I Committee Republicans/YouTube.
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    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
  • The HSBC sign and logo pictured outside a bank branch.
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    Matt Cardy via Getty Images
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    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 May 5, 2025
  • Dozens of large, white containers in a fenced lot in the desert.
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    Retrieved from Wikimedia Commons.
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    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
  • Wind turbines operate at a wind farm in Coachella Valley, as vehicles drive on a highway below.
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    Mario Tama via Getty Images
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    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 May 2, 2025
  • Lori Chavez-DeRemer, President Donald Trump’s pick to lead the Labor Department, testifies during her confirmation hearing
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    Chip Somodevilla / Staff via Getty Images
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    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 May 1, 2025
  • Stack of silver coins with seedlings ready to grow.
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    Sakorn Sukkasemsakorn via Getty Images
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    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
  • Billy Nye addresses the audience at DC Climate Week.
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    Courtesy of DC Climate Week
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    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 April 30, 2025
  • A visual rendering of Kore Power's battery cell facility in Buckeye, Arizona.
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    Courtesy of Kore Power, Inc.
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    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
  • an exterior shot of a meeting room
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    SolStock via Getty Images
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    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 April 28, 2025
  • A woman walks in front of NYC skyline.
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    Eduardo Munoz Alvarez via Getty Images
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    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 April 25, 2025
  • Wind turbines stand behind visitors at a wetland during sunset
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    Annabelle Chih via Getty Images
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    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 April 24, 2025
  • Solar Panels in a Grassy Field with Forested Hills in Background
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    Albert Pego via Getty Images
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    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 April 23, 2025
  • New York State Comptroller Thomas DiNapoli speaks at an event.
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    David Dee Delgado via Getty Images
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    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 April 23, 2025
  • A person in black glasses and a white jacket sits at a desk gesturing toward the camera.
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    Chip Somodevilla via Getty Images
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    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 April 22, 2025
  • The flag outside the United States Environmental Protection Agency building is seen on August 21, 2024 in Washington, DC.
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    Tierney L. Cross via Getty Images
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    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
  • Shot of BlackRock NYC offices
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    Andrew Burton / Staff via Getty Images
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    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 April 18, 2025
  • donald trump signs an executive order at his desk
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    Anna Moneymaker via Getty Images
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    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
  • Street view of the Securities and Exchange Commission, SEC, Building in Washington DC.
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    qingwa via Getty Images
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    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 April 17, 2025
  • People walk past the Microsoft store on Fifth Avenue on July 19, 2024 in New York City.
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    Adam Gray / Stringer via Getty Images
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    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 April 16, 2025