Saturday, 25 January 2025

Focus on Emissions

FILE PHOTO: Brazil's Minister of Environment Marina Silva and Brazil's President Luiz Inacio Lula da Silva greet Brazil's Ambassador Andre Correa do Lago while he's announced as President of the UN climate conference COP30, at the Planalto Palace in Brasilia, Brazil, January 21, 2025. REUTERS/Ueslei Marcelino/File Photo
AnalysisClimateClimate FinanceEmissionsPolitics

COP30 in Brazil set to spotlight developing countries’ climate finance needs

COP30 host Brazil urges rich nations to boost climate funds amid U.S. Paris exit; $300B pledged falls short of $1.3T needed.

FILE PHOTO: Special envoy to the United Nations for climate change Michael Bloomberg speaks during the One-on-One discussion panel with International Monetary Fund (IMF) Managing Director Christine Lagarde on side of the IMF/World Bank spring meeting in Washington, U.S., April 19, 2018. REUTERS/Yuri Gripas/File Photo
ClimateClimate FinanceEmissionsNewsPolitics

Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal

By Valerie Volcovici WASHINGTON (Reuters) -Former New York Mayor Michael Bloomberg’s philanthropy arm said on Thursday it will provide funding to help cover...

The community of Apex, Nvt., is seen from Iqaluit on August 2, 2019. THE CANADIAN PRESS/Sean Kilpatrick
ClimateEmissionsNewsReports

Parts of tundra releasing more carbon than they absorb: study

Parts of the Arctic tundra are now releasing more planet-warming gases than they absorb, an international study published Tuesday suggests, upending a millennia-old...

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

President-elect Donald Trump speaks during a meeting with Republican governors at Mar-a-Lago, Thursday, Jan. 9, 2025, in Palm Beach, Fla. THE CANADIAN PRESS/AP-Evan Vucci
ElectionsEmissionsEnvironmentFuelNatural GasNewsOilTrade

Tariffs, deportations and ‘drill, baby, drill’: What to watch for as Trump returns

The looming threat of devastating tariffs slapped against Canada hangs over Trump's return to the White House on Monday.

A Canadian flag gracefully blowing in the wind against a clear blue sky, showcasing its red maple leaf and white background.
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Four of Canada’s biggest banks leave climate alliance

The Net-Zero Banking Alliance aims to accelerate climate action among financial institutions.

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Indonesia plans to offer carbon credit certificates to foreign buyers next week

Indonesia to launch carbon credits for global buyers on Jan. 20, aiming to boost funds for 2050 net-zero targets.

A record rise in carbon dioxide levels in the atmosphere in 2024 was driven in part by a weakening of Earth's nature carbon stores like forests (GETTY IMAGES NORTH AMERICA)
ClimateEmissionsNews

2024 saw fastest-ever annual rise in CO2 levels: UK weather service

Atmospheric CO2 surged at record rates in 2024, driven by fossil fuels, wildfires, and weakening carbon sinks, says Met Office.

FILE PHOTO: A staff is pictured as he fills up the Emirates Airlines Boeing 777-300ER with Sustainable Aviation Fuel (SAF), during a milestone demonstration flight while running one of its engines on 100% (SAF) at Dubai airport, in Dubai, United Arab Emirates, January 30, 2023. REUTERS/Rula Rouhana/File Photo
AnalysisAviationEmissions

At aviation meeting, ESG takes backseat to jet shortages

Dublin's air finance summit sidestepped sustainability amid parts shortages, stoking fears of “ESG fatigue” in aviation.

Scott Bessent, U.S. President-elect Donald Trump's nominee to be secretary of treasury, looks on as he sits near his son Cole, on the day he testifies during a Senate Committee on Finance confirmation hearing on Capitol Hill in Washington, U.S., January 16, 2025. REUTERS/Kevin Lamarque
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Bessent: Carbon tariffs could be part of an overall tariff program

"It’s a very interesting idea that could be part of an entire tariff program," Bessent told the Senate Finance Commmittee,

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