climate change

Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett and his former vice Chairman Charlie Munger passed on investing in Tesla Inc (NASDAQ:TSLA) stock over the years. That hasn't stopped the two legendary investors from praising Tesla CEO Elon Musk. In an April 2022 interview, Buffett...

Shares of solar companies, including Sunrun, Inc. (NASDAQ:RUN), SolarEdge Technologies, Inc. (NASDAQ:SEDG), Enphase Energy, Inc. (NASDAQ:ENPH) and Array Technologies, Inc. (NASDAQ:ARRY) tumbled in early trading as investors digested the consequences of President Donald Trump's sweeping budget and...

Secretary of State Marco Rubio is dismantling a key climate diplomacy office, a move that is throwing U.S. international environmental efforts into disarray just months ahead of critical global talks. On Thursday, staff at the Office of Global Change were verbally informed that the unit, which has...

The past decade has been the hottest on record. 2024 just clocked in at 1.55°C above pre-industrial levels. With heat waves, wildfires and extreme weather wreaking havoc, JPMorgan says climate adaptation is no longer optional—it's an investment necessity. In a new report, the firm highlights 157...

The human race is in trouble, a new report says. What Happened: The so-called Doomsday Clock — a symbol of “humanity’s proximity to catastrophe” — is now set at a hand-wringing 89 seconds to midnight (aka “the point of no return”). That’s according to the...

Strong winds have caused another wildfire in Los Angeles County following the devastation wrought by fires in Pacific Palisades and Altadena. What Happened: The Hughes Fire broke out midday Wednesday during a period of high winds in the area. The fire is concentrated in Castaic, a city of around 19...

Microsoft Corp (NASDAQ:MSFT) is committed to restoring parts of Brazil’s Amazon and Atlantic forests for carbon credits. The company told the Financial Times it inked a deal to buy 3.5 million credits over two years from Brazil startup Re.green. The deal could be worth approximately $200...

The Los Angeles wildfires have killed at least two dozen people and destroyed thousands of homes, prompting questions of what’s to blame for the blazes. A new Emerson College poll asks Americans if climate change contributed to the wildfires and whether California Gov. Gavin Newsom has done a...

At least 10 people have been killed in the Los Angeles fires this week, with over 9,000 structures destroyed, according to the latest estimates cited by the L.A. Times. What Happened: Several wildfires broke out on Tuesday and Wednesday in Los Angeles following a strong windstorm. While officials...

BlackRock Inc. (NYSE:BLK), the world’s largest asset manager with $11.5 trillion in assets, has withdrawn from the Net Zero Asset Managers initiative, a global group committed to achieving net zero greenhouse gas emissions by 2050 or sooner, following President-elect Donald Trump‘s...

Bank of America Corp (NYSE:BAC) and Citigroup Inc (NYSE:C) became today the latest banks to end association with the climate alliance for banks. Goldman Sachs Group, Inc (NYSE:GS) and Wells Fargo & Co (NYSE:WFC) already exited from Net-Zero Banking Alliance, the Financial Times reports. The...

Tesla Inc. CEO Elon Musk on Tuesday dismissed concerns of the Earth being rendered unlivable soon owing to climate change, saying that climate predictions are too “pessimistic” and “bound to backfire.” What Happened: “Extreme environmentalists can't say ridiculous...

The COP29 climate summit in Baku, Azerbaijan, concluded yesterday with an agreement to provide $300 billion annually to developing nations by 2035, helping to mitigate and adapt to the impacts of climate change. While hailed as progress to the previous $100 billion commitment, the sum fell short of...

The Conference of the Parties (COP) 29 summit brought global leaders to Baku, Azerbaijan, for an 11-day session to address climate change, carbon market mechanisms and climate finance. Hosted in a country heavily reliant on fossil fuels, the event is a mix of urgency and controversy, particularly...

Hurricane Rafael, the 17th named storm of the 2024 season, tore through the Caribbean before hitting Cuba as a category 3 storm. What Happened: Two earthquakes impacted Cuba following the hurricane, according to Bloomberg. While electrical workers restored power to the vast majority of Havana by...