Nations' formal emissions-cutting pledges are collectively way too weak to put the world on track to meet the Paris climate deal's temperature-limiting target, a United Nations tally shows.
Driving the news: This morning the UN released an analysis of the most recent nationally determined contributions (NDCs) — that is, countries' medium-term emissions targets submitted under the 2015 pact.
The Senatevoted 64-35 on Thursday to confirm former Michigan Gov. Jennifer Granholm as secretary of the Department of Energy.
Why it matters: Granholm, only the second woman to head the department, will play a key role in President Biden’s efforts to accelerate the U.S. shift to clean energy and help other countries do the same.
A big U.S. liquefied natural gas exporter will start giving customers detailed info about the greenhouse gas footprint of its cargoes — a move that provides a glimpse into fossil fuel producers' strategies for competing in a climate-constrained world.
Driving the news: Cheniere Energy, which sends lots of LNG abroad from the Gulf Coast, said Wednesday that starting in 2022 each shipment will have "Cargo Emissions Tags."
The Securities and Exchange Commission is planning to push companies to disclose more info about risks that climate change poses to their business — and signaled that tougher policies could be in the offing.
Driving the news: Allison Herren Lee, the regulator's acting chair, said Wednesday that the SEC would bolster its focus on how companies are responding to its 2010 guidance on the topic.
A trust representing over 80,000 victims of deadly Northern California wildfires ignited by Pacific Gas and Electric's (PG&E) electrical grid filed a lawsuit Wednesday against almost two dozen of its former executives for alleged neglect.
Why it matters: The suit, filed in the San Francisco Superior Court, accuses them of "dereliction of duty" by allegedly failing to ensure the equipment would not kill people.
