Wednesday, 22 January 2025

Focus on Environment

The complete removal of diesel passenger trains is now slated for 2045 (PA)
BusinessClimateEconomyEmissionsEnvironmentIndustryInfrastructureNewsRailRegulations

Scottish govt delays passenger trains decarbonization target by a decade to 2045

The Scottish government has delayed its target for decarbonising passenger trains from 2035 to 2045 due to budget constraints.

Logged area is pictured near a site where environmental activists take action in the defence of one of the last primeval forests in Europe, Bialowieza forest, Poland May 24, 2017. REUTERS/Kacper Pempel/ File Photo
AutomotiveAviationBiodiversityBusinessClimateEconomyEmissionsEnvironmentIndigenousIndustryLegislationNewsRegulationsResiliencyTradeTransportWeather

EU Parliament gives final approval to deforestation law delay

The EU Parliament approved a one-year delay for its deforestation law, set to ban imports linked to forest destruction starting in 2025.

An employee of a wastewater treatment plant on the island of Psyttalia, Greece December 2, 2020. Picture taken December 2, 2020. REUTERS/Stelios Misinas/ File Photo
BusinessCarbon ManagementClimateEconomyEmissionsEmissions MarketsEnvironmentNewsPoliticsResiliencyVoluntary Carbon Markets (VCMs)

Climate tech firms get $80 million to pull carbon from paper mills, sewage plant

Google, H&M, and Stripe will buy $80M in carbon credits from firms using tech to capture emissions from paper mills and sewage plants.

Banks were also rarely found to provide a breakdown of how much sustainable financing they would provide to each sector (Victoria Jones/PA)
BusinessClimateEconomyElectricityEmissionsEnvironmentFinanceFuelIndustryInfrastructureNewsPolitics

Big banks in EU urged to step up on sustainable finance in 2025

Europe's largest banks, including Barclays and HSBC, are urged to enhance sustainable finance efforts amid rising investor scrutiny.

FILE PHOTO: A view of the Amazon rainforest at the lagoon of the Yasuni National Park in the Pastaza province, in Ecuador, July 29, 2023. REUTERS/Karen Toro/File Photo
BiodiversityClimateClimate FinanceEmissionsEnvironmentIndigenousNewsRegulationsResiliency

Ecuador completes $1.5 billion debt swap for Amazon conservation

Ecuador's second debt-for-nature swap unlocks $460M for Amazon conservation, aiming to protect 4.6M hectares of ecosystems.

Resource-poor Japan 'will aim to maximise the use of renewable energy' (AFP)
ClimateEconomyElectricityEmissionsEnvironmentIndustryInfrastructureNewsNuclear PowerPoliticsRegulationsSolarWind

Japan to make renewables top power source by 2040

Japan aims for renewables to supply 40-50 per cent of its electricity by 2040, reducing reliance on coal and gas while boosting nuclear...

FILE PHOTO: A general view of Energy Powerwall Home Battery charging station in Brussels, Belgium October 18, 2023.  REUTERS/Yves Herman/File Photo
AutomotiveBusinessElectric Vehicles (EVs)EmissionsEnvironmentNewsPoliticsRegulations

Europe’s carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers raise petrol car prices while offering EV discounts to meet stricter emissions rules, facing profit challenges.

People walk on the stairs of a footbridge as the sky is enveloped in smog caused by air pollution in Delhi, India, December 17, 2024. REUTERS/Priyanshu Singh
BusinessClimateEmissionsEnvironmentIndustryNewsRegulationsWeather

India tightens curbs as air pollution turns ‘severe’

India tightens pollution restrictions in New Delhi as AQI hits 'severe' levels, implementing work-from-home and class limits.

Scenes from the village of Zeballos, B.C., located on the northwest coast of Vancouver Island on Wednesday, April 10, 2024. THE CANADIAN PRESS/Chad Hipol
ClimateEmissionsEnvironmentIndigenousNewsOilRegulations

‘Human error’ caused spill of up to 8,000 litres of fuel off B.C.’s coast: government

Up to 8,000 litres of diesel spilled at a B.C. fish farm due to human error, prompting cleanup efforts and environmental concerns.

FILE - Trucks wait in line on Friendship Bridge over the Parana River, the border between Foz do Iguazu, Brazil, top, and Ciudad del Este, Paraguay, June 23, 2020. (AP Photo/Jorge Saenz, File)
BiodiversityCourtsEnvironmentNews

26 people arrested in crackdown on illegal deforestation along Paraguay, Brazil and Argentina border

Deforestation can contribute to erosion, biodiversity loss and increased risk of flooding, as well as the loss of a valuable carbon sink.

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