A United Nations-backed alliance that called on banks to align their businesses with net-zero emissions has suspended activities, following the departure of numerous financial institutions from its ...

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The transition to net zero risks being undermined by a projected shortfall of 42,000 energy, gas and renewables workers by 2030. The warning from the Powering Skills Organisation coincides with the ...

Mining tycoon Gina Rinehart, Australia’s richest person, has urged the country to ditch its pursuit of net zero emissions, insisting the costs of climate action will devastate sectors from healthcare ...

Federal Liberal leader Sussan Ley has identified winning back Queensland seats as the “launch pad” for returning the Coalition to power, as grassroots members rebuffed her pleas to modernise and ...

A leading green banking group founded by Mark Carney has paused all activities amid a growing backlash against environmental capitalism. The Net Zero Banking Alliance (NZBA) has halted operations ...

Liberal senator Jane Hume is calling on her Coalition colleagues to “embrace net zero” as a Nationals-led backbench rebellion threatens unity. Sussan Ley has still not come up with a climate position ...

The push follows the Albanese government’s decision to allow debate on a private member’s bill introduced by Nationals MP Barnaby Joyce to repeal the 2050 target. Senators Alex Antic and Matt Canavan ...

In 2024, the global average annual temperature exceeded 1.5 °C above pre-industrial levels for the first time. Greenhouse-gas emissions are rising, and the window to reach net zero by 2050 is closing ...

HSBC Bank has decided to withdraw from the Net-Zero Banking Alliance (NZBA) coalition, which aims to achieve zero emissions on a global scale. This is stated in the message of the bank. At the same ...