Analysis-Trade demands clash with climate agenda at COP29 talks [Yahoo! Finance]
Edison International (EIX)
Last edison international earnings: 4/30 04:05 pm
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Source: Yahoo! Finance
complaining that perceived trade barriers, such as the European Union's carbon border levy, will undermine climate efforts, according to U.N. documents and negotiators. Nearly 200 countries are wrangling at the climate talks over a deal to provide hundreds of billions of dollars annually to help poorer countries cope with climate change. But the countries that would get the money say their ability to invest in the green transition is being undermined by costly new climate-related trade policies imposed by the world's wealthiest economies. Some developing nations want these policies scrapped. These countries are already facing growing climate costs, plus a possible spike in the price of doing business abroad if President-elect Donald Trump imposes tariffs on U.S. imports. In a statement seen by Reuters, those concerns - first raised by China ahead of the COP29 summit - are being pushed by the so-called G77 and China group of 134 countries, which includes Brazil and South Africa
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EIX
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- 10/29/24 - Beat
EIX
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/12/24 - Form SC
- EIX's page on the SEC website