NEW YORK, Oct. 28 (TNSres) -- Rainforest Action Network issued the following news release on Oct. 27, 2022: This morning, climate activists built a two-story mock oil derrick outside the NYC home of Chubb CEO Evan Greenberg to spotlight the insurance giant's destructive climate and human rights record. The derrick read "Oil Drilling Insured by Chubb," in reference to Chubb's status as a top fossil fuel insurer and the many oil and gas expansion projects that the company is backing globally. "A  more

COLUMBUS, Ohio, Oct. 28 (TNSres) -- American Electric Power Corp. issued the following news release on Oct. 27, 2022: American Electric Power (Nasdaq: AEP) today reported third-quarter 2022 earnings, prepared in accordance with Generally Accepted Accounting Principles (GAAP), of $684 million or $1.33 per share, compared with GAAP earnings of $796 million or $1.59 per share in third-quarter 2021. Operating earnings for third-quarter 2022 were $831 million or $1.62 per share, compared with operat  more

WASHINGTON, Oct. 29 -- The International Monetary Fund issued the following news release on Oct. 28, 2022: An International Monetary Fund (IMF) mission met with the Chilean authorities and other counterparts during October 18-27 to discuss recent economic developments and policy priorities. This concluding statement summarizes the mission's main takeaways. 1. After an impressive recovery from the Covid-19 pandemic, the Chilean economy is undergoing a necessary transition towards sustainable gr  more

CHIPPENDALE, Australia, Oct. 29 (TNSgov) -- The Nature Conservation Council posted the following news release on Oct. 28, 2022: The NSW Environment Protection Authority today gave Vales Point coal-fired power station on Lake Macquarie two years to come into compliance with the state's clean air laws, after it found the power station's previous rolling exemption to the laws was illegal. "This power station has been operating illegally for over a year, causing childhood asthma and premature deat  more

NEW YORK, Oct. 29 (TNSrpt) -- Bloomberg issued the following news: * * * New BI Carbon Scores for banks outline leaders as well as need for improved data disclosure and transparency * * * Of the 54 global banks analyzed as part of Bloomberg Intelligence's (BI) Carbon Score, Danske Bank, Barclays, Nordea, and Citigroup are leading, indicating the best combination of both current and forecasted performance on financed CO2 emissions. According to BI's new analysis to date only 14 (26%) banks,   more

BRUSSELS, Belgium, Oct. 29 (TNSres) -- The European Investment Bank issued the following news release on Oct. 27, 2022: These are some of the results from the latest yearly Climate Survey conducted in August 2022 and published today by the European Investment Bank (EIB). The EIB is the lending arm of the European Union and the world's largest multilateral lender for climate action projects. The results of the EIB 2022 Climate Survey come at a critical time, just ahead of the 2022 United Nations  more

WASHINGTON, Oct. 27 (TNSrpt) -- The World Resources Institute posted the following news release on Oct. 26, 2022: While many countries, cities, regions, companies and financial institutions have adopted more ambitious commitments to fight the climate crisis, significantly more action across all sectors is needed this decade to keep the Paris Agreement's goal of limiting global warming to 1.5 C within reach, according to Systems Change Lab's flagship report, State of Climate Action 2022. The re  more

WASHINGTON, Oct. 28 (TNSres) -- Oil Change International posted the following news release: The International Energy Agency (IEA) released its 2022 World Energy Outlook (WEO), underscoring that accelerating investment in clean energy and efficiency, not new fossil fuels, is the answer to both climate and energy security crises. In a marked shift for the IEA, WEO 2022 sees the outlook for fossil gas deteriorating across all scenarios as a result of the current energy crisis cementing an economic  more

PARIS, France, Oct. 29 (TNSres) -- The International Energy Agency issued the following news release: * * * For the first time, global demand for each of the fossil fuels shows a peak or plateau across all WEO scenarios, with Russian exports in particular falling significantly as the world energy order is reshaped * * * The global energy crisis triggered by Russia's invasion of Ukraine is causing profound and long-lasting changes that have the potential to hasten the transition to a more sus  more

SANTA FE, New Mexico, Oct. 29 -- The New Mexico Department of Environment issued the following news release: The New Mexico Environmental Improvement Board (EIB) adopted regulations that implement a new air quality standard to strictly limit the amount of carbon dioxide (CO2) emissions from coal-fired power plants in the state. The standard, which was adopted by the Legislature in the Energy Transition Act of 2019, applies to new and existing power plants and limits CO2 emissions from those fac  more

WASHINGTON, Oct. 29 -- Sen. John Barrasso, R-Wyoming, ranking member of the Senate Energy and Natural Resources Committee, issued the following commentary on Newsweek, on Oct. 28, 2022: * * * China is the world's second-largest economy and largest emitter of greenhouse gases. It is America's chief economic and geopolitical rival, bent on global domination. It exploits forced labor. It manipulates global markets. It steals our technology. It is building hypersonic missiles and a blue-water navy  more

PHOENIX, Arizona, Oct. 28 -- The Salt River Project, a public power utility and electricity provider, issued the following news release: Salt River Project announced signed contracts with Plus Power to bring online two grid-charged battery storage systems with a total combined output of 340 megawatts (MW) by early summer 2024. This is enough energy to power more than 76,000 average size residential homes over a four-hour period. The first project, called Sierra Estrella, will be a 250-MW, four  more

ELM CITY, North Carolina, Oct. 27 -- The U.S. Department of Agriculture issued the following news release on Oct. 27, 2022: U.S. Department of Agriculture (USDA) Secretary Tom Vilsack today announced the expansion of the Rural Partners Network (RPN) to several communities in North Carolina. RPN is an all-of-government program that partners with rural people to access resources and funding to create local jobs, build infrastructure and support long-term economic stability on their own terms. To  more

ARLINGTON, Virginia, Oct. 28 -- The U.S. Trade and Development Agency issued the following news release on Oct. 27, 2022: The U.S. Trade and Development Agency awarded a grant to Romania's RoPower Nuclear S.A. (RoPower), a subsidiary of the national nuclear energy producer, Nuclearelectrica SA, for a front-end engineering and design (FEED) study to develop the country's first small modular reactor ("SMR") nuclear power plant. The SMR plant, which would also be the first in Europe, will advance   more