Climate Change
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X @Bloomberg
Bloomberg· 2025-10-28 07:05
The UN sees the world's planet-warming greenhouse emissions falling at far too slow a pace https://t.co/Ykz65ZOb7X ...
X @Bloomberg
Bloomberg· 2025-10-28 07:05
The UN sees the world's planet-warming greenhouse emissions falling at far too slow a pace https://t.co/eQ1rDtNm9f ...
Exxon sues California over climate laws, alleging free speech violations
Yahoo Finance· 2025-10-27 16:04
Cars are seen at an Exxon gas station in Brooklyn, New York City, on 23 November 2021.Photograph: Andrew Kelly/Reuters Exxon, an oil firm consistently ranked among the world’s top contributors to global carbon emissions, is suing the state of California over two climate-focused state laws, arguing that the rules infringe upon the corporation’s right to free speech. The 2023 laws, known collectively as the California Climate Accountability Package, will require large companies doing business in the state t ...
X @The Economist
The Economist· 2025-10-27 12:40
Scientists worry that the rainforest is approaching a tipping point beyond which its water-transport system will no longer sustain it, let alone Brazil’s farmers. The benefits of preserving it are clear https://t.co/MTvKPNUwad ...
X @Bloomberg
Bloomberg· 2025-10-27 10:02
At first glance, it might look like the US has exited the climate fight. But don’t be confused: America is still in the arena; it’s just fighting for the other side https://t.co/pErLuntMlB ...
ExxonMobil claims California climate disclosure laws violate First Amendment rights in lawsuit
Fox Business· 2025-10-26 01:15
Core Viewpoint - ExxonMobil has filed a lawsuit against the state of California, claiming that two new climate change laws violate its right to free speech and force the company to adopt the state's perspective on climate change [1][6]. Summary by Relevant Sections Lawsuit Details - The lawsuit was filed in the U.S. Eastern District Court for California, asserting that the laws compel ExxonMobil to accept blame for climate change, particularly regarding oil and gas corporations [1][5]. - The company argues that the laws conflict with federal regulations on climate and financial risk disclosures [11]. Specific Laws - One law mandates large companies doing business with the state to disclose their greenhouse gas emissions annually [2]. - The second law requires businesses with over $500 million in state contracts to report biennially on how climate change may impact their operations [2]. Compliance Requirements - Both laws necessitate ExxonMobil's adherence to California's Greenhouse Gas Protocol and the Task Force on Climate-related Financial Disclosures, which the company contends unfairly assigns responsibility for global warming to it [5]. Company Position - ExxonMobil acknowledges the risks associated with climate change and supports efforts to address these risks but maintains that the First Amendment protects it from being compelled to endorse the state's viewpoint [6]. - The company is seeking a court order to prevent the implementation of these laws until 2026 [11].
X @Bloomberg
Bloomberg· 2025-10-25 18:39
ExxonMobil has sued California, arguing that two new state laws violate the First Amendment by trying to force it to agree to a certain climate viewpoint, and conflict with federal regulations. https://t.co/M3qFFWAPDZ ...
ExxonMobil sues California, claims new green laws violate speech
Yahoo Finance· 2025-10-25 18:26
Core Viewpoint - ExxonMobil Corp. has filed a lawsuit against California, claiming that two new state laws infringe upon its First Amendment rights and conflict with federal regulations [1][2]. Summary by Relevant Sections Lawsuit Details - The lawsuit, filed on Friday, argues that the new laws compel ExxonMobil to publicly endorse climate change opinions that it does not agree with [2]. - One law mandates large companies with over $1 billion in annual revenue to measure and disclose their greenhouse gas emissions annually [3]. - The second law requires companies with over $500 million in annual revenue to publish a biennial report on how climate change could impact their financial performance and their risk management strategies [3]. Compliance and Responsibility - The laws require adherence to California's Greenhouse Gas Protocol and the Task Force on Climate-related Financial Disclosures, which ExxonMobil claims imposes a responsibility for global warming, equating to government-compelled speech [4]. - The lawsuit states that California is singling out large corporations, which are perceived as most likely to oppose climate policies, thereby targeting those deemed "most responsible" for climate change [4]. Regulatory Conflicts - ExxonMobil asserts that California's regulations attempt to govern conduct and speech beyond its borders, as much of the reporting pertains to emissions and risks from global operations [5]. - The company argues that the new law SB 261 conflicts with federal securities laws, which already dictate disclosure requirements for publicly traded companies regarding financial and environmental risks [7].
X @The Economist
The Economist· 2025-10-25 14:40
Monsoons are notoriously hard to predict and climate change is making the guessing game even harder. India’s meteorological department is trying a new method of forecasting https://t.co/4v3tK0K6nh ...
X @Bloomberg
Bloomberg· 2025-10-25 11:02
Tariffs and Climate Change Push Coffee Prices Up https://t.co/fh6ZE49VsM ...