Norway’s $2 trillion sovereign wealth fund reaffirmed its push for all 8,500 portfolio companies to reach net-zero emissions by 2050, despite rising U.S. backlash against climate policies. In an updated climate plan, the world’s largest wealth fund vowed tougher scrutiny of corporate climate lobbying and warned it may vote against boards that lag on action, stressing that “climate risk is financial risk.” Reuters covers the news.
While artificial intelligence is drawing criticism for its heavy energy and water use, scientists are harnessing it to cut emissions and boost efficiency. From optimising building heating and EV charging to reducing methane flaring and easing traffic congestion, AI is helping offset its own environmental footprint – a sign, experts say, that it could become “the solution to its own energy problem.” The Independent reports on the story.
