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Key Pointers EPA locks in 2027 HFC supply at 60% of baseline: National caps of 229.5 million MTEVe (production) and 181.5 million MTEVe (consumption) set the refrigerant budget for 2027 under the AIM Act phase-down. Compliance pressure ramps up on importers: EPA withheld and revoked 2027 allowances from entities that missed audits or imported HFCs
Today’s ESG Updates World’s Biggest Penguin Colony Loses Two-Thirds of Its Chinstraps: Zavodovski Island in Antarctica has lost two-thirds of its chinstrap penguins since 2011, a study found. Scientists blame warmer seas that have pushed krill south and say the species may need endangered status. Kingspan Penalised €40 Million by EU Over Incorrect Trimo Deal
Today’s ESG Updates Australia’s Highest Court Rejects Coal Mine Extension Over Climate Impact: The judges backed a community group’s challenge to the Mount Pleasant extension, saying the state planning body should have weighed ways to curb the mine’s emissions, nearly all of which occur abroad when its coal is burned. Spanish Town Loses Safe Tap
Today’s ESG Updates New Zealand Report Finds Record Gas Levels and Glacier Decline: Glacier volume fell from 56 to 30 cubic kilometers between 1997 and 2023, and heatwaves are very likely to grow longer and more intense. Seoul Unveils $747 Billion K-GX Green Transformation Plan: The strategy sets a 100 GW renewables goal for 2030
Today’s ESG Updates European Wind and Solar Grids Exposed to Hackers: Modat researchers found 8,547 potentially exposed solar and wind systems across 35 countries, with full control possible at 181 sites. Google and Constellation Sign 890 MW Nuclear Deal: The 20-year agreement will bring nuclear capacity to the PJM grid to meet rising demand. European
Today’s ESG Updates Tory Plan to Axe Future Homes Standard Draws Warnings: Think tank E3G says scrapping low-carbon heating rules for new builds would add about £1,000 a year to running costs for a three-bed home. Bangkok Floods Expose the Limits of a Sinking, Over-Concreted City: Around 300mm of rain in two days overwhelmed the
Today’s ESG Updates Big Oil Refuting Climate Change Responsibility: The U.S. Supreme Court opens its new term with a crucial case, as Suncor and Exxon seek to end lawsuits holding them accountable for their role in causing the climate crisis. Green Party Eases Opposition to Nuclear: The UK party — one of whose founding principles
Today’s ESG Updates Google and Apple’s Verification Nightmare: Facing an enormous number of lawsuits, tech companies have begun lobbying for influence in how age-verification laws are being written. Companies aim to stop private lawsuits by passing responsibility for prosecution to state Attorneys General. Driven by ‘privacy’ claims and First Amendment infringement for minors. Russia Latches
Today’s ESG Updates SAF Becomes an EU Strategic Energy-Security Asset: Geopolitical instability is turning SAF into a strategic energy-security asset. China Turns Copper Merger Review into Supply-Security Leverage: China is leveraging its buyer power to demand guaranteed copper-concentrate supplies as a condition for approving Anglo American’s $54 billion Teck merger. Big Oil Challenges Climate Liability
Today’s ESG Updates Residents in England Unaware Their Homes Could Flood: The Environment Agency says one third of people in the six million most at-risk properties think they are safe. The Met Office sees a wet and windy start to winter as more likely than usual. Seas Take In Record Heat as Sea Levels Rise
Today’s ESG Updates UK Banks Emerge as Europe’s Biggest Financial Backers of Coal: UK lenders provided $8.3 billion to coal-linked companies over four years, with Barclays and HSBC both ramping up financing even as most EU banks pulled back. India Greenlights Nearly $20 Billion Push to Modernize Its Power Grid:The funding will expand transmission capacity
Today’s ESG Updates Mediterranean Nations Back 2030 Water Plan in Rome: Ministers from 43 Union for the Mediterranean states launched the Rome Initiative on Water and endorsed a declaration setting water priorities through 2030, at the first such meeting since 2017. Antarctic Winter Sea Ice Slumps Again: The ice peaked at 17.59 million square kilometres