climate change

A federal judge has dismissed Exxon Mobil Corp‘s (NYSE:XOM) lawsuit against activist shareholder Arjuna Capital over a climate proposal. What Happened: The lawsuit, filed by Exxon in January, aimed to prevent Arjuna Capital and another shareholder, Follow This, from submitting a proposal at...

As residents of the Midwest and Mid-Atlantic United States brace for a historic heat wave, here are 10 stocks that could be impacted by June’s extreme weather. The Forecast: According to AccuWeather, several major population centers will see extreme heat this week. Chicago is forecasted to...

Climate activists are targeting the Gigafactory in Berlin Friday owned by electric vehicle manufacturer Tesla Inc (NASDAQ:TSLA). The factory was shut down in a precautionary measure ahead of the event. Here's the latest. What Happened: A planned expansion by Tesla in Germany is facing pushback from...

China’s special envoy for climate change, Liu Zhenmin, cautioned that the U.S. and Europe’s attempts to curb China’s dominance in green technologies could impede the global fight against climate change. What Happened: Zhenmin, a seasoned diplomat, was appointed by President Xi...

Photo Credit: Minerva Studio / Shutterstock Severe weather conditions can spawn tornadoes—violently rotating air columns often extending from thunderstorms and reaching the ground. In extreme conditions, these destructive forces can inflict significant damage on buildings and infrastructure,...

The Joe Biden-led administration has announced a significant investment of $830 million to protect infrastructure from the increasing threat of extreme weather events, which are being intensified by climate change. What Happened: The administration is setting aside $830 million to bolster the...

Renowned cryptocurrency analyst Willy Woo has expressed grave concern over the escalating climate crisis. What Happened: On Sunday, Woo shared a post on X, formerly Twitter, describing a climate change chart as the “scariest” he has ever seen. He referred to a summit he attended in 2015...

In a recent meeting with U.S. business leaders, Chinese President Xi Jinping expressed optimism about the future of Sino-American relations. What Happened: In a meeting with U.S. business leaders on Wednesday, Xi Jinping conveyed his belief that the relationship between China and the United States...

John Seo has found a unique way to profit from climate change and inflation. His hedge fund, Fermat Capital Management, is the world’s largest investor in catastrophe bonds, which are used by insurers to cover risks they cannot handle. What Happened: Seo, 57, has been trading catastrophe...

As the November elections approach, the Democratic party faces a pressing concern: the potential disengagement of young, climate-focused voters. While President Joe Biden has made significant strides in climate legislation, his administration's support for oil and gas projects has disappointed...

The European Union’s (EU) reputation as a global environmental leader is being challenged as it backtracks on its climate policies in response to widespread farmer protests. What Happened: The EU’s executive arm, the European Commission, has decided to revise its climate policies,...

In a bid to achieve its $1 billion climate tech finance goal, HSBC Holdings PLC (NYSE:HSBC) has partnered with Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google. What Happened: HSBC, the largest bank in the UK, has teamed up with Google to provide funding to fast-growing climate...

With the ink barely dry on the COP28 agreement to transition away from fossil fuels, U.K.-based oil major BP plc (NYSE:BP) was called on by an activist investor to drop its commitments to clean energy production. Bluebell Capital Partners, a London-based hedge fund with a small stake in BP, wrote...

The world-renowned “Mona Lisa” painting in the Louvre Museum was the latest target of climate activists who splattered it with canned soup among weekend visitors. What Happened: The protest took place on Sunday when two women bypassed the protective barrier around the artwork and...

The Doomsday Clock is a project from the Bulletin of Atomic Scientists tracking the odds that the world will end. “Midnight” on the clock is the hypothetical point where the world would end. The scientists put the clock the closest it's been to “midnight” on Tuesday,...