Economy & Business

"Investment funds that market themselves as sustainable under European rules get similar levels of "green revenues" through the companies they invest in as traditional funds, according to a new study published on Thursday."

"European Union countries on Tuesday backed the bloc's plan to impose a world-first carbon dioxide emissions tariff on imports of polluting goods, although the finer details will need to be worked out in upcoming negotiations."

"Ivan Frishberg says his job is just smart financial policy. He's chief sustainability officer at New York-based Amalgamated Bank, which focuses on socially responsible investment. That includes steering investments away from things like fossil fuels that contribute to global warming."

"After weeks of inconsistent messaging on rising energy costs, congressional Democrats and the White House are uniting behind a strategy of blaming oil companies for high prices at the pump."

"Sarah Bloom Raskin withdrew as President Joe Biden’s nominee to be the Federal Reserve’s vice chair of supervision Tuesday after it became clear she didn’t have the votes to be confirmed."

"The Securities and Exchange Commission plans to require all publicly traded companies to disclose their greenhouse gas emissions and the climate risks their businesses face, part of the Biden administration’s broader push to force the private sector to reckon with the dangers of a warming world."

"The Securities and Exchange Commission is set to vote on a groundbreaking rule later this month that for the first time would require public companies to disclose the risks they face from climate change."

"Georgia Gov. Brian Kemp (R) on Wednesday announced that he and the state's General Assembly would work to temporarily halt state gas taxes, citing drastically rising fuel prices."

"The tragedy of Russia’s invasion of Ukraine presents a business opportunity for the U.S. natural gas industry if Europe turns sharply away from Russian gas."