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March 29, 2024 - Resources

Climate Links: 3/29/2024

MoFo’s weekly Climate Links provide the latest industry updates from thought leaders and third-party sources. This week:

UK’s greenhouse gas emissions fell 5.4% in 2023 on lower gas use

  • Britain’s greenhouse gas (GHG) emissions fell by 5.4% in 2023, government data showed on March 28, with less gas used to generate electricity and heat homes. The country’s target to reach net zero emissions by 2050 will require changes to the way people eat and travel, as well as how electricity is produced.

US judge strikes down Biden highway climate rule for states

  • A U.S. judge in Texas struck down a climate rule adopted by the Biden administration requiring states to measure and set declining targets for greenhouse gas emissions from vehicles using the national highway system.

Port of Baltimore closure shuts down No. 2 US coal export hub

  • The closure of the Port of Baltimore due to the collapse of the Francis Scott Key Bridge could have major implications for coal exports, according to the U.S. Energy Information Administration (EIA).

Church of England’s New Climate Change Effort—Solar Power For Iconic Chapel

  • The dramatic 438-solar-panel display on a chapel in Cambridge is just one way the Church of England is showing it practices what it preaches on climate change.

Electric trucks get a boost from Biden, worrying trucking industry (

  • Pollution in communities nationwide will be curbed under a climate change rule the Environmental Protection Agency finalized March 29. The rule will require manufacturers to slash emissions of greenhouse gases from new trucks, delivery vans, and buses. Those limits, in turn, will reduce deadly particulate matter and lung-damaging nitrogen dioxide from such vehicles.

The week in climate policy: 5 updates you need to know

  • Pennsylvania’s governor proposed a cap-and-trade program, the Biden administration announces $6 billion in clean energy funding, and more.

ESG & Climate News: Larry Fink’s Annual Letter: “ESG” out, “Energy Pragmatism” In

  • Larry Fink’s annual letters carry a lot of clout. As CEO of the world’s largest asset manager, BlackRock, with over $10 trillion in assets under management (AUM), his annual open letters to investors set the tone for investors, companies, and—until recently—was required reading for environmentalists.