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Morocco Sets 2040 Goal to Phase Out Coal, Conditional on Climate Finance

Morocco Sets 2040 Goal to Phase Out Coal, Conditional on Climate Finance

RABAT — Morocco has set a target to phase out coal-fired power generation by 2040, contingent on the availability of international climate finance to help fund its transition, the government announced this week. The plan marks a significant step for an emerging economy that remains heavily reliant on coal but

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U.S. Regulators Withdraw Climate-Related Risk Rules for Major Banks

U.S. Regulators Withdraw Climate-Related Risk Rules for Major Banks

WASHINGTON — In a fresh reversal of post-Paris financial policy, U.S. banking regulators have withdrawn landmark guidance on climate-related financial risks, erasing a federal framework that had directed the largest banks to account for climate exposure in governance and risk management. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC), and

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America’s Renewable Race Against the Clock

America’s Renewable Race Against the Clock

Developers rush to build solar, wind, and battery projects before federal incentives vanish WASHINGTON — Across the United States, a quiet race is unfolding in the deserts of Nevada, the plains of Texas, and the coastlines of New England. Solar panels are rising, wind turbines are spinning, and massive batteries

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Trump Administration Halts One of the World’s Largest Solar Projects

Trump Administration Halts One of the World’s Largest Solar Projects

WASHINGTON — The Trump Administration has canceled a massive solar energy project in Nevada that was expected to power nearly two million homes, a move that underscores the White House’s escalating campaign to slow the expansion of renewable energy across the United States. The project, known as Esmeralda 7, was

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