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Is it time for worldwide legal restrictions on fossil fuels?

Financial Times LogoFinancial Times1w ago

Is it time for worldwide legal restrictions on fossil fuels? - Financial Times

Quick Summary:

And with Microsoft’s conspicuous public statements on sustainability issues — and with internal and external pressure to go further — it could easily be pulled into the political fray alongside the likes of Apple, Disney and Starbucks.

I asked Smith how Microsoft’s Azure cloud service, which has enjoyed explosive growth, would handle growing electricity needs with the company’s pledge to be carbon negative by 2030.

The proposed treaty would go much further, creating major new restrictions on fossil fuels, which would be binding under international law.


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Article Details

Author / Journalist: Simon Mundy

Category: MarketsFinanceInvesting

Topics: Climate Fossil Fuels Political Global Smith Microsoft Treaty Energy Data International

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 11:00:15

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 8 minutes read

Article Length: 1392 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 492908

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 19 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 12h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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