Some industry observers told ABC News that the ostensible softening toward Trump by big-tech corporations reflects a new business landscape that is both heavily influenced by the president-elect and increasingly defined by the development of energy-intensive artificial intelligence products.
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.”
Donald Trump intends to start his second White House term by unleashing more than 100 executive orders and directives.
Lee Zeldin, President-elect Donald Trump’s nominee to head the Environmental Protection Agency, is promising to preserve a clean environment “without suffocating the economy.”
Like a three-pack-a-day smoker who blames their chronic cough on allergies, or a recent flu shot — everything but their addiction — President-elect Donald Trump continues to embrace an absurd and criminally irresponsible brand of denialism on the subject of climate change.
At a Senate committee hearing on Wednesday, Donald Trump’s nominee to run the Environmental Protection Agency, Lee Zeldin, acknowledged climate change is “real” and that greenhouse gasses are making the planet hotter—but stopped short of saying the agency must regulate them.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement,
Senate confirmation hearings for the Trump cabinet continue on Thursday. They will include Doug Burgum for interior secretary, Scott Turner for housing secretary and Lee Zeldin for Environmental Protection Agency administrator at 10 a.m. Eastern, and Scott Bessent for Treasury secretary at 10:30 a.m.
The departures from the Net-Zero Banking Alliance began with Goldman Sachs' announcement on Dec. 6 and come ahead of Donald Trump's return to the White House next week. Trump has been critical of efforts by governments to prescribe climate-change policies.
There are 50 to 100 expected executive orders. Many will focus on boosting fossil fuels and reversing climate policy.
This story was originally published by Grist and is reproduced here as part of the Climate Deskcollaboration. Even before President-elect Donald Trump’s return to the White Hous