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Climate target organisation faces staff revolt over carbon-offsetting plan
Employees at SBTi have called for their CEO to resign over controversial plans which they fear will enable greenwashing
Staff at one of the world’s leading climate-certification organisations have called for the CEO and board members to resign after they announced plans to allow companies to meet their climate targets with carbon offsets.
They fear that companies will use the offsets for greenwashing, while avoiding making the necessary cuts in greenhouse gas emissions – without which the world faces climate catastrophe.
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Micron secures $13bn in US support to expand chipmaking capacity
Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips ActFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
Tangen finds US investments more attractive due to weaker regulations and more risk-takingFinancial Times - Business -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - Business -
Ocado shareholders revolt over CEO’s bonus share award of £14.8mn
Tim Steiner will get the payout if grocery group’s share price significantly improves by 2027Financial Times - Business -
Scottish leader faces battle for survival after ending power-sharing deal over climate change clash
Scotland’s leader is facing a potential battle for survival after ending a three-year power-sharing agreement with the Scottish Green Party following a clash over climate change policiesABC News - World - Climate -
New Biden climate rules target coal power plants
Industry faces 2039 deadline on the dirtiest energy source but existing gas plants escape present standardsFinancial Times - World - Joe Biden -
Scotland ditches 2030 climate target as being ‘out of reach’
Decision to drop pledge to cut emissions by 75% by end of the decade labelled an ‘abject humiliation’ for SNP-Green coalitionFinancial Times - Business - Climate
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