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Lese-Ansicht

Was 2025 the year that business retreated from net zero?

From retailers to banks, carmakers to councils, the bold pledges for carbon-neutral economies are being watered down or scrapped

Almost a year since Donald Trump returned to the White House with a rallying cry to the fossil fuel industry to “drill baby, drill”, a backlash against net zero appears to be gathering momentum.

More companies have retreated from, or watered down, their pledges to cut carbon emissions, instead prioritising shareholder returns over climate action.

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© Photograph: Christopher Furlong/Getty Images

© Photograph: Christopher Furlong/Getty Images

© Photograph: Christopher Furlong/Getty Images

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Koch Political Operation Spent Nearly $550 Million During 2024 Cycle

The huge sum shows that while the Koch network may not hold significant power at high levels of the Republican Party, it remains a financial juggernaut.

© David Zalubowski/Associated Press

Charles Koch in 2019. The Koch family network now downplays its commitment to campaigns and elections, but it has continued to spend money on politics.
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Nearly $900 Million Flowed in Secret to Help Harris and Trump in 2024

The main dark-money group backing Kamala Harris and Joe Biden raised a staggering $613 million last year, while its pro-Trump counterpart brought in $275 million, new filings show.

© Kenny Holston/The New York Times

Both Donald J. Trump and Kamala Harris benefited heavily from so-called dark money in 2024, but Democrats leaned more on the practice of funneling money through nonprofit groups that do not have to disclose their donors.
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Supreme Court Grapples With Whether to Lift Campaign Finance Limits

The dispute before the court involved a Republican effort to lift limits on how much money political parties can spend in coordination with candidates.

© Al Drago for The New York Times

In 2010, in the landmark case Citizens United v. Federal Election Commission, the Supreme Court struck down legal limits on independent political spending by corporations and unions.
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‘It’s not your turn,’ the board's selection committee chair said. Instantly I felt as though I was back in the school yard | Julianne Schultz

While the tension between meritocracy and ‘jobs for mates’ is always there, the best boards are more than the sum of their parts

Many years ago, I was encouraged to put my name forward to chair a significant government board. It seemed like a long shot to me, I wasn’t in anyone’s club, but my supporters were insistent. I agreed to let my name go into the mix.

It was a surprise then when the chair of the selection committee called a few weeks later and said with an apologetic tone: “Sorry Julianne, it’s just not your turn.”

Julianne Schultz is deputy chair of the Sydney writers’ festival board

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© Photograph: Blend Images/Alamy

© Photograph: Blend Images/Alamy

© Photograph: Blend Images/Alamy

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Post-Trump, What Happens to His War Chest? Utah Offers One Clue.

A Trump-aligned political group is quietly spending millions to help state Republicans have a friendlier House map in 2028 — not in 2026, as with all of his other redistricting efforts.

© Doug Mills/The New York Times

A Trump-aligned nonprofit group has put $4.35 million toward supporting a proposed ballot measure that would repeal Utah’s anti-gerrymandering law, potentially giving Republicans an extra House seat in 2028.
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Mandela Barnes Enters Wisconsin Governor Race, Joining Crowded Field of Democrats

The former lieutenant governor is the best-known candidate in a crowded field, but some state Democrats have cooled on him since he lost a Senate bid in 2022.

© Jim Vondruska for The New York Times

Mandela Barnes, the former lieutenant governor of Wisconsin, is a progressive who has maintained a large fund-raising network since his 2022 Senate race.
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UK MPs push for extra aid and visas as Jamaica reels from Hurricane Melissa

Dawn Butler leads calls for humanitarian visas and fee waivers for vulnerable relatives of UK nationals affected by storm

British MPs have joined campaigners calling for more aid and humanitarian visas for Jamaicans to enter the UK after Hurricane Melissa demolished parts of the country, plunging hundreds of thousands of people into a humanitarian crisis.

The UK has pledged £7.5m emergency funds to Jamaica and other islands affected by the hurricane, but many argue that the country has a moral obligation to do more for former Caribbean colonies.

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© Photograph: Raquel Cunha/Reuters

© Photograph: Raquel Cunha/Reuters

© Photograph: Raquel Cunha/Reuters

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Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds

Rachel Reeves targeted Britain’s wealthiest households with a £26bn tax-raising budget to fund scrapping the two-child benefit policy and cutting energy bills.

On a chaotic day that involved key details of her budget accidentally being released early by the Office for Budget Responsibility (OBR), the chancellor defended the measures, saying she was “asking everyone to make a contribution to repair the public finances”, but that she wanted the wealthiest to pay the most.

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© Photograph: Tejas Sandhu/SOPA Images/Shutterstock

© Photograph: Tejas Sandhu/SOPA Images/Shutterstock

© Photograph: Tejas Sandhu/SOPA Images/Shutterstock

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Fears About A.I. Prompt Talks of Super PACs to Rein In the Industry

As artificial intelligence companies prepare to pour money into the midterm elections, some in the A.I. world are hatching plans of their own to curb the industry’s influence.

© Al Drago/Bloomberg

Jack Clark, a co-founder of Anthropic, an A.I. company that favors more guardrails for the technology. Some of the company’s employees have discussed how to become more involved in political advocacy.
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End of fossil fuel era inches closer as Cop30 deal agreed after bitter standoff

Wealthy countries should triple funds for countries to tackle climate impacts, but deforestation and critical minerals blocked from final deal

The world edged a small step closer to the end of the fossil fuel era on Saturday, but not by nearly enough to stave off the ravages of climate breakdown.

Countries meeting in Brazil for two weeks could manage only a voluntary agreement to begin discussions on a roadmap to an eventual phase-out of fossil fuels, and they achieved this incremental progress only in the teeth of implacable opposition from oil-producing countries.

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© Photograph: André Penner/AP

© Photograph: André Penner/AP

© Photograph: André Penner/AP

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‘It’s like arguing with robots’: negotiators on the state of Cop30 talks

Three representatives of developing countries speak candidly about meetings behind closed doors in Belém

In the negotiating rooms at the Cop30 climate conference, representatives from vulnerable countries work to get the best deal they can. Here, three of them reveal what happens behind closed doors.

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© Photograph: Fernando Llano/AP

© Photograph: Fernando Llano/AP

© Photograph: Fernando Llano/AP

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Cop30 delegates ‘far apart’ on phasing out fossil fuels and cutting carbon

President of talks urges ministers and high-ranking officials to find common ground as conference nears its end

Climate crisis talks look likely to stretch well into the weekend in Brazil, with countries still far apart on the crucial issues of phasing out fossil fuels and cutting carbon.

The Cop30 president, André Corrêa do Lago, urged ministers and high-ranking officials from more than 190 countries to find common ground: “We need to preserve this regime [of the Paris climate agreement] with the spirit of cooperation, not in the spirit of who is going to win or is willing to lose’” he said. “Because we know if we don’t strengthen this, everyone will lose.”

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© Photograph: André Penner/AP

© Photograph: André Penner/AP

© Photograph: André Penner/AP

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Cop30 draft text omits mention of fossil fuel phase-out roadmap

Exclusive: Summit leadership releases new text despite 29 nations threatening to block progress without commitment

A new draft text on the outcome of the Cop30 climate talks has been published that contains no mention of a phase-out of fossil fuels, despite countries supporting such action having threatened to block any agreement without it.

The Guardian revealed on Thursday night that at least 29 nations supporting a phase-out of fossil fuels at the climate summit had sent a letter to the Brazilian Cop presidency threatening to block any agreement that did not include such a commitment, in a significant escalation of tensions at the crunch talks. The leaked letter demanded that the roadmap be included in the outcome of the talks, which are due to end on Friday but are likely to continue into the weekend.

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© Photograph: Anthony Wallace/AFP/Getty Images

© Photograph: Anthony Wallace/AFP/Getty Images

© Photograph: Anthony Wallace/AFP/Getty Images

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Pras Michel of the Fugees Gets 14 Years for Illegal Foreign Influence Scheme

Mr. Michel was convicted in April 2023 of 10 criminal counts, including money laundering, illegal lobbying and witness tampering.

© Kevin Lamarque/Reuters

Pras Michel outside the federal courthouse in Washington during his trial in 2023.
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Cop30 live: conference centre evacuated as fire breaks out

UN secretary-general António Guterres earlier used speech at Belem summit to urge countries to find compromises in final hours of negotiations

Inside the halls of Cop30 you see people from all around the world, and it can be easy to forget that there are many people who remain unrepresented.

On Thursday morning, Magne Tony was standing with compatriots from French Guiana outside the entrance to the conference centre, trying to push pieces of paper into the hands of arriving delegates and observers headed: “Our Amazon is dying”.

The main problem is that France are in 9,000 kilometres from Amazonia, from South America, and they’re taking decisions. [But] they don’t really know what is the problem really. They’re taking the decisions from their own mind and the problem is that they’re far from reality.

That’s why we decided to alert the people in the world about [our] problems: water coming up, getting enough to eat, more heat – in some parts of French Guiana, people don’t have water.

These crises, a consequence of Western capitalist madness, primarily affect the most vulnerable: women and communities dependent on forests and rivers. But they also concern all of humanity: French Guiana is part of the Amazon, a regulator of the global climate and essential to planetary balance.

We remind you that French Guiana is the last colony in South America without self-determination. We will not be able to protect our environment or guarantee our food and energy self-sufficiency, essential for our collective survival, as long as decisions are made in Paris without consulting the affected communities or taking into account local specificities.

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© Photograph: AFPTV/AFP/Getty Images

© Photograph: AFPTV/AFP/Getty Images

© Photograph: AFPTV/AFP/Getty Images

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Wyden Presses for Investigation Into JPMorgan Chase and Epstein

Senator Ron Wyden, an Oregon Democrat, wants to examine how the nation’s largest bank handled the reporting of more than $1 billion in suspicious transactions.

© Eric Lee for The New York Times

Senator Ron Wyden, Democrat of Oregon, at the Capitol in June.
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Florida Lawmaker Stole FEMA Funds for House Campaign, Prosecutors Say

Representative Sheila Cherfilus-McCormick misused $5 million in Covid-related funds during the pandemic in part to finance her campaign, according to the Justice Department.

© Tom Williams/CQ-Roll Call, Inc via Getty Images

Representative Sheila Cherfilus-McCormick has since 2022 represented a district that includes parts of Broward and Palm Beach Counties.
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