A 457-member group of investors, representing an estimated 37% of all global assets under management, joined a coalition of CEOs in demanding the world’s richest nations set more ambitious emissions cut targets.
Activists have finally realised that hitting companies and governments with potentially massive liabilities is a more effective strategy than having protesters chain themselves to mining equipment.
A stark appeal by the world’s top energy body to stop investment in new fossil fuel projects by next year has met a mixed reception from the world’s top producers.
Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.