$1.8 trn go through public coffers every year to subsidize industrial activities that profoundly stress the natural environment and biodiversity v. $150bn in spending on protecting biodiversity. Aime Williams
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The US is trying to de-China-fy its EVs.

Ford, VW and Stellantis are among carmakers trying to water that down.

Story from Claire Bushey & Aime Williams on this hugely important issue: ft.com/content/2bcb1c…

Rich nations offer Indonesia $20bn to wean it off coal - by Aime Williams and Mercedes Ruehl ft.com/content/42f03a…

'Just a short bus ride away from the COP27 centre at the Sharm el-Sheikh resort town, the world’s biggest oil exporter has hosted its own “green initiative” inside a domed structure with luxury eco-hotel aesthetics' ft.com/content/a29c12…

*Joe Biden enters the chat* ft.com/content/0be0a5…

Companies can't “claim to be net zero” while continuing to build or invest in new fossil fuel assets, says UN
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How far does the IRA get the US towards its Paris goals, and how much further is there to go?

Aime Williams has the story, with thoughts from Rhodium Group Collin Rees Jen Hensley Sierra Club and me.
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The US is drawing up plans to tap into cash from the worlds biggest companies to help developing countries phase out fossil fuels and switch to clean energy. Scoop w/ Camilla Hodgson ft.com/content/cf0642…

If rich countries are really going to help poorer countries pay for climate change action, what will it look like? Here's the first global experiment in South Africa. This is how it's going: ft.com/content/3c6495…

The atmospheric detectives trying to solve the mystery of why there is more and more methane in the air. Fantastic read by Leslie Hook and Chris Campbell

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California = ban new petrol stations. North Carolina = destroy EV chargers ¯\_(ツ)_/¯ ft.com/content/3eabab…

Who pays for climate change? The tale of a Peruvian farmer suing a German utility company // by Camilla Hodgson ft.com/content/e26c58…

'Demands that banks and insurers stop financing new fossil fuel development received average support of just 10 per cent' - Shareholders back away from green proposals at US companies ft.com/content/367967…

Useful thread from Kirti Datla getting into a bit of the detail from yesterday's landmark WV vs EPA SCOTUS decision twitter.com/kirti_datla/st…

Just published: front page of the Financial Times, international edition, Friday 1 July on.ft.com/3I2bTAe

'In a majority opinion authored by chief justice John Roberts, the justices ruled that the Environmental Protection Agency was not specifically authorised by Congress to reduce carbon emissions when it was set up in 1970.' ft.com/content/b69f0a…

Populist politicians, finance industry contrarians and conservative activists have launched a war on #ESG and ‘woke capitalism’ - my dispatch from #Davos via Financial Times
on.ft.com/3NGhxcN

Just $290bn, or 17 per cent, of Vanguard’s $1.7tn in actively managed assets are aligned with net zero by 2050.
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The race to mine lithium in America's backyard - and the obstacles in the road ahead. Aime Williams reports

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HSBC faces greenwashing accusations from UK advertising watchdog. If upheld, the ruling could dramatically alter the environmental claims banks can make in adverts. Watch this space…via ⁦Financial Times⁩ enterprise-sharing.ft.com/redeem/56d2818…