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Showing 11 - 20 of 30 results for "Texas"

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... The credits are facilitated by STRATOS, 1PointFive's first industrial-scale DAC facility currently under construction in Texas. Last year Microsoft purchased removals from Heirloom, which is developing a DAC hub in the US in collaboration with Climeworks ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... fuels as the firm invests in the Gladstone LNG project in Australia, ADNOC Gas Pipelines, the Río Grande LNG terminal in Texas, and East India Petroleum Ltd, among other high-emissions corporations. When asked whether BlackRock perceives ESG issues ...

Agriculture funding takes the stage at COP28

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
... to ensure you can run scenarios accurately. "Imaging a massive farm somewhere in the Northern Territory or Queensland, or Texas or Nebraska. They have different agriculture production systems and changing variables - it's not possible to have all that ...

BlackRock backs world's largest direct air capture plant

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
The world's largest asset manager will invest $550 million to build a direct air capture (DAC) facility in Texas which the energy company developer says will be the world's largest. New York Stock Exchange-listed Occidental Petroleum Corporation says ...

Could the anti-woke movement take hold in Australia?

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... Peers said. "ESG will ultimately lead to a better economy overall." However, there are now more than 20 US states, led by Texas and Florida, which actively prohibit pension funds in their jurisdictions from following ESG principles. In July 2022 The ...

American Century Investments on impact investing and best in progress

ROSE MARY PETRASS  |  FRIDAY, 28 APR 2023  |  NEWS
... been seeing bifurcation in sustainable investing," she said. "It has become heavily politicised in the US. Particularly in Texas with anti-ESG regulation." On the other hand, Texas is now largest producer of clean energy with offshore wind thriving due ...

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... states that may be more likely to reject such ESG investment strategies." Currently, there are more than 20 US states, led by Texas and Florida, which actively prohibit pension funds in their jurisdictions from following ESG principles. "The analyses' ...

US attorneys general call out proxy advisers for "woke" agenda

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 FEB 2023  |  NEWS
... voting advisers, warning them over ESG-related recommendations to their states' investment vehicles including pension funds. Texas Attorney General Ken Paxton and Utah Attorney General Sean Reyes have led a coalition of 21 states attorneys general in ...

US states sue Biden administration over "woke" ESG rules

RACHEL ALEMBAKIS  |  TUESDAY, 31 JAN 2023  |  NEWS
... Labor to halt new rules that would allow US-based retirement plans to consider ESG factors in their investment processes. Texas Attorney General Ken Paxton and Utah Attorney General Sean Reyes are leading the suit, which alleges that the rules change ...