Wednesday, 5 February 2025

Focus on Climate

FILE PHOTO: Oil pump jack is seen in front of displayed U.S. flag in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BiodiversityBusinessClimateEmissionsEnvironmentIndigenousNatural GasNewsOilPoliticsRegulations

Alaska wildlife refuge drilling auction yields no bids, US says

The congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy companies.

Thick smoke hangs over the skyline of the downtown area after powerful winds fueling devastating wildfires forced tens of thousands to evacuate their homes in Los Angeles, California, U.S. January 8, 2025.  Tyler Transki/Handout via REUTERS
BusinessClimateElectricityEnvironmentInfrastructureNewsResiliencyUtilitiesWeather

Californian utility SoCal Edison shuts power to over 114,000 customers due to wildfire risk

Southern California Edison cut power to over 110,000 customers amid wildfires threatening 30,000 homes in the Los Angeles area.

People walk up towards the Hell Fire club in Dublin ahead of a Status Orange low temperature warning issued for most counties on Wednesday night (Brian Lawless/PA)
ElectricityEnvironmentNewsWeather

Thousands still without power can use hotel facilities during Irish cold snap

The Electricity Supply Board said 4,000 homes, farms, and businesses are without power.

Flames rise from a beachfront home along the road to Malibu, as powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, California, U.S. January 8, 2025. REUTERS/Mike Blake
ClimateEnvironmentNews

Los Angeles wildfires rage out of control, testing firefighting resources

Over 30,000 people evacuated their homes as a wildfire tore through a coastal area of Los Angeles in just a few hours.

Shell’s liquefied natural gas production dropped in the final quarter of last year (Yui Mok/PA)
BusinessClimateEmissionsEmissions MarketsEnvironmentLiquefied Natural GasNatural GasNewsOilVoluntary Carbon Markets (VCMs)

Shell warns of £1bn cash hit from emissions certificates payments

The energy major said on Wednesday that the charge is “related to timing of payments of emissions certificates” in Germany and the US.

FILE PHOTO: The Statue of Liberty is covered in haze and smoke caused by wildfires in Canada, in New York, U.S., June 6, 2023.      REUTERS/Amr Alfiky/File Photo
ClimateClimate FinanceEconomyEmissionsEnvironmentNatural GasNewsOilPoliticsRegulationsTrade

EU warns of ‘serious blow’ from Trump on climate change

Global climate efforts face a setback if Trump exits the Paris Agreement again, warns EU climate chief Hoekstra.

Mombak biologist Severino Ribeiro says the project's aim is to 'simulate nature' (AFP)
AnalysisBiodiversityClimateClimate FinanceEmissionsEmissions MarketsEnvironmentIndigenousRegulationsTradeVoluntary Carbon Markets (VCMs)

In Brazil, an Amazon reforestation project seeks to redeem carbon markets

By planting native species in the Amazon, Brazilian company Mombak hopes to restore credibility to a scandal-ridden carbon market.

With 200 workers laboring seven days a week, the largest open-air market in Latin America reflects the transformation currently underway in the Brazilian city, which is preparing to host COP30 in November -- the first UN climate conference in the Amazon (AFP)
AnalysisClimateClimate FinanceEmissionsEnvironmentIndigenousUnited Nations

Brazil gears up for first climate conference in Amazon

Experts view the UN conference as a crucial chance for humanity to reverse the warming trend with firm commitments to reduce emissions.

FILE PHOTO: The flag of the U.S. state Alaska is seen in this illustration taken, August 21, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BiodiversityClimateCourtsNatural GasNewsOilPoliticsRegulations

Alaska sues Biden administration over oil and gas leases in Arctic refuge

Alaska sues Biden administration over restrictions on Arctic refuge drilling, claiming violations of Congressional mandates.

File - A sign marks the entrance to an ExxonMobil fuel storage and distribution facility in Irving, Texas, Jan. 25, 2023. (AP Photo/LM Otero, File)
CourtsEnvironmentLegislationNatural GasNewsOil

Exxon Mobil Corp. sues California attorney general for defamation over plastic recycling claims

The oil and gas giant seeks unspecified damages and retractions of 'defamatory statements.'

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