US insurers slammed for investing $90bn in coal
Fresh criticism has been levelled at major US insurance companies after new research revealed that they still have nearly $90bn (£64bn) invested in coal, which is the single biggest contributor to anthropogenic climate change.Released today, the research from the Rainforest Action Network, and 28 additional NGO partners, shows that TIAA has the most invested in coal, on $13.8bn, followed by Berkshire Hathaway, on $7.3bn.
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UK chancellor Rishi Sunak has today confirmed a temporary windfall tax on the profits of oil and gas firms to help with the cost-of-living crisis.
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