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Companies Stall Climate Action Despite Earlier Promises
Cutting emissions is proving harder for larger companies to achieve than making commitments to cut those emissions. Source link
Microsoft Will Use Carbon-Absorbing Rocks to Meet Climate Goals
A deal with Heirloom Carbon is one of the largest-ever purchases of carbon-removal credits. Source link
Exxon Mobil Buys Pipeline Operator, Making Big Bet on Carbon
Exxon Mobil is buying pipeline operator Denbury for almost $5 billion, a big bet by the oil giant on the business of transporting and storing
World’s First Carbon Import Tax Approved by EU Lawmakers
World Europe Vote caps nearly two years of negotiations on first-of-a-kind legislation Source link
U.S. Seeks to Accelerate Transition to EVs with Tough Tailpipe Emission Rules
Consumer sentiment, charging station buildout and high EV costs loom as obstacles to the Biden administration’s aggressive plan. Source link
U.S. Regulators Playing Catch-Up With Tesla-Focused Detroit
American car manufacturers already had plenty of reasons to invest in EVs before Washington’s new tailpipe-emissions proposal. Source link
Occidental Petroleum Plans to Suck Carbon Dioxide From the Air—So It Can Keep Pumping Oil
Petroleum giant says its plan to capture and store carbon dioxide will give it leeway to invest in fossil fuels A direct-air capture facility by
EPA to Propose Tougher Tailpipe-Emissions Standards
The new rules are aimed at accelerating the transition to electric vehicles. Source link
Volkswagen dumps jailed Audi CEO amid emissions probe
London CNN — Volkswagen has severed ties with suspended Audi CEO Rupert Stadler, who has been jailed since June in connection with an emissions investigation.