State attorneys general, including Florida's James Uthmeier and Kansas's Kris Kobach, are launching investigations into environmental groups such as CDP and the Science Based Targets initiative, alleging they operate as a 'climate cartel' by coercing U.S. companies into paying for climate disclosures and net-zero pledges under the guise of transparency. The investigations focus on antitrust and consumer-protection violations, including market manipulation, deceptive trade practices, and punishment of non-participating companies. These efforts are supported by financial institutions like JPMorgan and BlackRock, which are being warned by 21 state financial officers to stop using ESG metrics that disadvantage American energy producers. Major energy firms including Shell, Aker BP, and Enbridge have withdrawn from the Science Based Targets initiative, citing opposition to halting oil and gas development. The article argues that foreign-funded ESG initiatives, particularly those linked to China, are undermining U.S. energy independence and that federal and state policies should prohibit government contracts with entities participating in such systems. The broader goal is to dismantle what is described as a global network of climate activism and ESG pressure that favors foreign influence over domestic energy innovation and market freedom.

JPMorgan Chase & Co. has increased its stake in Enbridge Inc by 10.5%, now holding approximately 17.64 million shares valued at $781.79 million, following a recent 13F filing. Enbridge reported quarterly earnings of $0.47 per share, exceeding expectations, with revenue of $7.14 billion, slightly below analyst estimates. The company announced a quarterly dividend of $0.6839, resulting in a 5.8% yield and an annualized dividend of $2.74, up from the previous $0.68. Enbridge's market capitalization is $102.55 billion, with a price-to-earnings ratio of 23.17 and a payout ratio of 133.99%. Wall Street analysts have upgraded Enbridge's stock, with Raymond James Financial, Royal Bank of Canada, and Jefferies Financial Group adjusting their ratings to 'moderate buy' or 'outperform' and setting a consensus target price of $67.00. Institutional investors including Garde Capital, Financial Gravity, Accent Capital, GeoWealth, and Wolff Wiese Magana also made notable stake changes. Enbridge operates in five segments, including Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services, primarily in Canada and the United States.

A collection of analyst price target adjustments for various publicly traded companies as of August 12, 2025, with a particular focus on Micron Technology, Inc. (MU). JP Morgan raised Micron's price target from $165 to $185 and maintained an Overweight rating. Other analysts adjusted price targets for companies including ZipRecruiter, Nomad Foods, Ballard Power Systems, Enbridge, Block, Exact Sciences, Palo Alto Networks, and SmartRent, with varying ratings and closing share prices reported on Monday, August 11, 2025.

A new market research report by QYResearch titled 'Global Carbon Storage Transport Pipeline Market 2025' estimates the global market for carbon storage transport pipelines to be worth US$684 million in 2024 and is projected to reach US$1034 million by 2031, growing at a compound annual growth rate (CAGR) of 6.1% from 2025 to 2031. The report analyzes market drivers, restraints, trends, and regional dynamics, focusing on key players, market segmentation by type and application, and regulatory influences. Carbon Storage Transport Pipelines, or CO2 pipelines, are used to transport captured carbon dioxide from emission sources to storage or utilization sites, typically in gaseous or supercritical form under high pressure. The market is segmented by pipe type (carbon steel, alloy steel, stainless steel, others) and application (oil and gas, electricity, chemicals, others), with regional insights provided for the United States, Canada, Mexico, Brazil, APAC, and EMEA. The report highlights regulatory developments as a key trend, noting that clear and consistent regulations enhance market confidence and open new opportunities for expansion.

Major oil and gas companies including Shell, Aker BP, and Enbridge have withdrawn from a global climate working group under the Science Based Targets initiative (SBTi), which was developing standards to limit new oil and gas field development and reduce dirty fuel production. The draft guidelines proposed that companies cease new projects by the end of 2027 or upon submitting a climate plan, whichever came first. Following the withdrawals, the SBTi paused its work on the oil and gas standards, citing capacity issues and denying industry pressure as the cause. The organization also delayed a separate deadline for financial institutions to stop funding new dirty energy projects, extending it from 2025 to 2030. Industry leaders argue the standards were not realistic or flexible, while the SBTi maintains its influence in corporate climate planning and warns that delays could undermine global climate efforts.