Wednesday, 5 February 2025

Focus on Climate

EmissionsEmissions MarketsNews

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.

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
BiodiversityNatural GasNewsOilPolitics

Biden administration moves to protect more of Alaska refuge from drilling

Biden moves to protect more of Alaska's ANWR from drilling, complicating Trump's pro-oil development plans.

The report, providing a view of the homeowners insurance market, comes as a climate-related crisis unfolds in Los Angeles (AFP)
ClimateNewsWeather

Insurance access for US homeowners with higher climate risks declines

Homeowners in areas with the highest climate-related risks saw declining access to insurance, a Treasury Department report said.

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
EmissionsEmissions MarketsNews

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,

FILE PHOTO: Former U.S. Rep. Lee Zeldin gestures as he speaks at the Nassau Veterans Memorial Coliseum during a rally held by Republican presidential nominees and former U.S. President Donald Trump, in Uniondale, New York, U.S., September 18, 2024. REUTERS/Brendan McDermid/File Photo
EmissionsNewsRegulations

Trump’s pick to lead EPA says agency authorized, not required to regulate CO2

Zeldin, Trump’s EPA pick, calls climate change real but says agency is authorized, not required, to regulate CO2.

FILE PHOTO: A CalFire personnel takes photos of a structure burned during the Eaton fire in Pasadena, California, U.S., January 15, 2025. REUTERS/Mario Anzuoni/File Photo
BusinessClimateElectricityInfrastructureNewsUtilitiesWeather

State auditor questions utility SoCal Edison’s fire risk modeling

Fire officials have not found SCE to be responsible for the fires, but the company's infrastructure is being investigated.

FILE PHOTO: Hubert Fuchs, Finance Minister of the European Union Presidency, walks at the G20 Meeting of Finance Ministers in Buenos Aires, Argentina, July 22, 2018. REUTERS/Marcos Brindicci/File Photo
ClimateClimate FinanceEconomyElectric Vehicles (EVs)EmissionsLegislationNewsPolitics

Austrian far right, conservatives plan cuts to climate measures

The eurosceptic, Russia-friendly FPO came first in September's parliamentary election with around 29% of the vote.

FILE PHOTO: An aerial view of Frankfurt's airport April 21, 2010. REUTERS/Johannes Eisele/File Photo
EmissionsNewsRegulations

EU not ready to enforce pollution rules, airlines say

Airlines urge EU to delay pollution rules, citing lack of NEATS system for emissions tracking, risking compliance issues.

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