Friday, 31 January 2025

Focus on Environment

FILE PHOTO: A view shows the logo of Amazon at the Amazon Fulfillment Center in Tepotzotlan, Mexico, December 13, 2023. REUTERS/Gustavo Graf/File Photo
BusinessClimateEmissions MarketsEnvironmentFinanceNews

Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

By Jake Spring SAO PAULO (Reuters) -Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of...

AnalysisBiodiversityCarbon ManagementEmissionsEnvironment

Antarctic krill store as much carbon as the world’s mangroves, salt marshes and seagrass beds

Krill store 20 million tonnes of carbon in the deep ocean each year, making them crucial for carbon sequestration and ecosystems.

Shetland has seen a rapid expansion of wind energy over the past decade (PA)
ClimateElectricityEnvironmentNewsWind

Commission to set out how renewables can benefit communities across Scotland

Scotland’s Just Transition Commission will today set out key lessons from Shetland’s experience of the energy transition which it believes can help shape...

FILE PHOTO: A drone view shows power-generating windmill turbines at a wind park in La Regrippiere, near Nantes, France, April 17, 2024. REUTERS/Stephane Mahe/File Photo
AnalysisClimateElectricityEnvironmentReportsSolarWind

Record renewables growth fuels cost competitiveness: IRENA report

Over 75% of 2023's new renewable energy was cheaper than fossil fuels, highlighting its growing global competitiveness.

Aerial view of an area of Amazon rainforest deforested by illegal fire in the municipality of Labrea, Amazonas State, Brazil, taken on August 20, 2024 (AFP)
BiodiversityClimateEmissionsEnvironmentNewsResiliency

Amazon forest loses area the size of Germany and France, fueling fires

The Amazon has lost 12.5% of its plant cover, fueling droughts and wildfires, releasing vast carbon emissions globally.

Acidic waters damage corals, shellfish and the phytoplankton that feeds numerous marine species (AFP)
BiodiversityClimateEmissionsEnvironmentNewsReportsResiliencyWeather

World’s oceans near critical acidification level: report

The world's oceans are close to becoming too acidic to properly sustain marine life or help stabilise the climate, a new report says.

British Airways has invested £9 million in carbon capture projects (Steve Parsons/PA)
AviationBusinessCarbon ManagementEmissionsEmissions MarketsEnvironmentNews

British Airways signs deal to buy more than £9m of carbon removal credits

British Airways invests £9M in carbon removal credits to reach 2030 decarbonisation goals and support net-zero by 2050.

California Attorney General Rob Bonta announces a lawsuit against oil giant Exxon Mobil over its alleged role in global plastic waste pollution, during a press conference event at Climate Week in New York City, U.S., September 23, 2024. REUTERS/Shannon Stapleton
BusinessCourtsEmissionsEnvironmentHydrogenNatural GasNewsOilPoliticsRegulations

California sues Exxon over global plastic pollution

California has filed a lawsuit against oil giant Exxon Mobil over its alleged role in global plastic waste pollution, its attorney general announced...

FILE PHOTO: A Temasek signage is pictured at their annual Temasek Review in Singapore July 11, 2023. REUTERS/Edgar Su/File Photo
BusinessClimateEconomyEnvironmentFinanceNewsPolitics

Singapore’s Temasek sets aside $77 million to support climate action initiatives

SINGAPORE – Singaporean state-owned investor Temasek said on Monday that it is setting aside S$100 million ($77.43 million) as a community gift to...

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