The decisions that companies make about how much to grow oil production are first and foremost going to be determined by market signals.”

Near the end of 2024, the world's hottest year on record, major U.S. banks and asset managers withdrew from initiatives under which they had committed to adhere to lending and business practices that would help achieve net zero greenhouse gas emissions by 2050.

U.S. President Donald Trump on Monday issued a flurry of executive orders and directives as he sought to put his stamp on his new administration on matters ranging from energy to criminal pardons and immigration.

Trump's new orders also include mandates for how the U.S. government recognizes gender on federal documents and change official names of Mount Denali in Alaska and the Gulf of Mexico. And they could grant the second Trump administration expansive authority to enforce border security and immigration laws.

Brazil has chosen a veteran diplomat for the top job at the UN COP30 climate summit as the country attempts to balance action on global warming with the US’s exit from the Paris climate agreement under President Trump.

There is no place to run and hide from climate change. The government’s latest science assessment is that climate impacts “are already far-reaching and worsening across every region of the United States.” And without deep cuts in fossil fuel pollution, “severe climate risks to the United States will continue to grow.”

To maintain his electoral mandate, incoming President Trump will have to deliver the economic goods — but he will not be able to achieve any of these political objectives without continued

Some industry observers told ABC News that the ostensible softening toward Trump by big-tech corporations reflects a new business landscape that is both heavily influenced by the president-elect and increasingly defined by the development of energy-intensive artificial intelligence products.

In a wide-ranging order, Trump paused offshore wind lease sales and halted the approval of leases, permits and loans for both offshore and onshore projects.

Trump's picks to lead four federal agencies testified without the flashes of anger that marked Pete Hegseth and Pam Bondi's earlier showdowns.

From withdrawing the US from the World Health Organisation to renaming the Gulf of Mexico, Trump was quick to sign several orders on his first day back in office