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Biden s war on climate change | Money Management

Print The five policy commitments from the Biden administration that we believe are of relevance to investors focused on environmental, social, and governance (ESG) issues are, in short: to recommit the US to a more proactive stance on tackling climate change, to adjust the rules on sustainable investing, to accelerate a range of energy transition rules, to strengthen sustainability-related priorities for corporate America and to set significant long-term and aspirational environment goals.  We expect these to broadly affect corporate issuers of bond and equity securities, governments and potentially even asset-backed securities. Climate leadership is a genuine possibility under the new administration. In 2017, President Trump withdrew from the 2015 Paris Agreement, driven by concerns that the Paris Accord would undermine the US economy. President Biden orchestrated the original involvement of the US, and so it is hardly surprising that we have seen an early recommitment by the U

Christensen hits back at claim PM is afraid of him

Dawson MP George Christensen has returned fire after Federal Labor leader Anthony Albanese’s sensational claim about his relationship with the Prime Minister. In a major foreign policy speech to the Perth USAsia Centre on Wednesday morning, Mr Albanese claimed Scott Morrison is “afraid” of Mr Christensen and fellow MP Craig Kelly. “Recently, unlike most world leaders, Scott Morrison refused to disavow President Trump’s incitement of the storming of the Capitol,” Mr Albanese said. “He remains afraid of the far-right extremist fringe dwellers who make up the bedrock of his personal support – and who he cultivates through the avatars of Trumpists and conspiracy theorists like Craig Kelly and George Christensen.

George Christensen struggling to secure numbers for banking climate inquiry

George Christensen struggling to secure numbers for banking climate inquiry We’re sorry, this service is currently unavailable. Please try again later. Dismiss Normal text size Advertisement An impasse in Parliament has stymied a push to investigate banks and insurance companies that consider climate change as a factor in major deals, with Nationals MP George Christensen struggling to get the numbers for the inquiry. Nationals MP George Christensen is struggling to get the numbers for the inquiry. Credit:Alex Ellinghausen Liberals are seeking to change the terms of reference after Mr Christensen “blew his top” at a meeting in December when Labor refused to vote for the inquiry and a key Liberal MP, Katie Allen, could not attend.

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