Key updates in ESG news include Trump’s plan to allow drilling in Alaska’s wilderness, Japan’s development of seawater-soluble plastic, challenges in Colombia’s wind energy sector, and potential billion-dollar carbon tax impacts on the UK. These developments highlight ongoing environmental concerns amidst shifting energy policies globally.
In a significant environmental shift, the Trump administration announced plans to roll back protections in Alaska’s National Petroleum Reserve, originally enacted during Biden’s presidency. By doing so, it opens up ecologically sensitive areas for oil and gas exploration. The move, part of Trump’s aggressive “drill, baby, drill” strategy, has sparked outcry from environmentalists and some Alaska Native groups, who contend that this will hasten the climate crisis amid already rising temperatures and declining wildlife populations. “This move will accelerate the climate crisis at a time when the ground beneath Alaska communities is literally melting away and subsistence foods are in decline,” stated Matt Jackson from The Wilderness Society.
In summary, the latest updates in the ESG space spotlight critical environmental concerns tied to resource extraction and climate policy. With Trump’s push to drill in Alaska, Japan’s innovative efforts in tackling plastic waste, and hurdles faced by Colombia in wind energy projects, the landscape is rapidly shifting. Meanwhile, Britain grapples with potential financial implications from carbon taxes. As these trends unfold, the need for sustainable practices and responsible energy policies remains more urgent than ever.
Original Source: impakter.com
