Climate change

Europe and the U.S. should jointly adopt a carbon tax on imports as a means to promote low-emission production globally, according to the leaders of Germany’s Greens, the country’s No. 2 political force.

Institute of Management Accountants president and CEO Jeff Thomson is predicting six major developments in the finance and accounting profession this year.

The Internal Revenue Service and the Treasury Department released final regulations on how businesses can claim a tax credit for use of carbon capture equipment to help the environment.

The Internal Revenue Service and the Treasury Department released guidance that offers an extension of a safe harbor for developers of renewable energy projects located either offshore or on federal land.

The relief bill includes an extension of the 45Q tax credit, which gives companies a tax break for capturing carbon..

Five organizations released prototypes Friday of climate-related financial disclosure standards to illustrate how they could work within their various approaches.

The Global Reporting Initiative is responding to a proposal from the IFRS Foundation to oversee sustainability standards alongside international accounting standards.

The International Federation of Accountants reiterated its call this week for an international sustainability standards board under the purview of the International Financial Reporting Standards Foundation.

The Big Four firm's 11th sustainability report, 'The Time Has Come,' also found that the Americas lead the world in sustainability reporting.

The former Fed chair would be the first woman to head the Treasury.