Over the past month, campaigners have been celebrating moves to get the world’s biggest oil companies to address climate change. In the US, shareholders of Exxon Mobil Corp overruled top management to appoint new board members dedicated to accelerating the firm’s transition away from fossil fuels. At the same time, in Europe, a court in The Hague ruled that Royal ...

Bloomberg Europe’s biggest airlines are seeking to deflect moves to tighten carbon curbs by favouring a less robust offsetting program, according to climate watchdog InfluenceMap. Carriers are pushing to retain the Carbon Offsetting and Reduction Scheme for International Aviation over the European Union’s more rigorous Emissions Trading System, the think tank-said. While Corsia was developed by the United Nations-mandated International ...

Bloomberg The aircraft that broke down the door to intercontinental flying for the masses has a new mission: lugging as many German tourists as possible on the short-haul hop to Mallorca. Deutsche Lufthansa AG will deploy 364-seat Boeing Co 747-8s on two-hour trips from Frankfurt after looser coronavirus curbs spurred bookings 25-fold since April, it said. The jet will ply ...