Big banks abandoned a voluntary climate alliance. Now, critics are calling for new laws.

Big banks abandoned a voluntary climate alliance. Now, critics are calling for new laws.

In the lead-up to Inauguration Day, all six of the United States’ largest banks backed away from a United Nations-sponsored climate initiative amid attacks from conservative lawmakers and regulators.   Bank of America, Citigroup, Goldman Sachs, JP Morgan, Morgan Stanley, and Wells Fargo left the Net Zero Banking Alliance between December and January in what was…

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‘Like a virus’: Corruption has infected the fight against climate change

Bribery, theft, conflicts of interest, and other forms of corruption are hampering global efforts to fight climate change and protect the environment. That’s according to a new study by Transparency International that reveals countries that experience high levels of corruption often bypass environmental laws to exploit natural resources, and rely on violence to silence resistance….

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Melting Antarctic ice sheets are slowing Earth’s strongest ocean current, research reveals

Melting Antarctic ice sheets are slowing Earth’s strongest ocean current, research reveals

Melting ice sheets are slowing the Antarctic Circumpolar Current (ACC), the world’s strongest ocean current, researchers have found. This melting has implications for global climate indicators, including sea level rise, ocean warming and viability of marine ecosystems. Melting ice sheets are slowing the Antarctic Circumpolar Current (ACC), the world’s strongest ocean current, researchers have found. This…

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