Tuesday, 10 December 2024

Climate

A view of new cars parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Bart Biesemans/ File Photo
AutomotiveBiofuelsElectric Vehicles (EVs)EmissionsPolitics

EU’s largest political group pushes to weaken combustion engine ban

The European People's Party is campaigning to weaken the EU's key policies on reducing car CO2 emissions.

FILE PHOTO: Three polar bears are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge in this undated handout photo provided by the U.S. Fish and Wildlife Service Alaska Image Library on December 21, 2005. U.S. Fish and Wildlife Service Alaska Image Library/Handout via REUTERS/File Photo
BiodiversityBusinessClimateEconomyEnvironmentNatural GasOilPoliticsRegulations

US to offer oil and gas leases in Alaska wildlife refuge on Jan. 9

Biden administration to auction 400,000 acres in Alaska's Arctic Refuge for drilling, sparking environmental and economic debates.

AnalysisBusinessClimateCourtsEconomyEnvironmentLegislationOpinionPoliticsRailRegulationsTransport

US Supreme Court may limit federal environmental reviews, lessening scrutiny of projects’ climate impacts

Should bureaucrats be required to think through the extended effects of decisions like approving an offshore wind farm?

A fallen tree in Swainshill, Herefordshire, after Storm Darragh hit the UK and Ireland (Jacob King/PA)
ClimateEnvironmentWeather

Train lines closed as Storm Darragh travel disruption lingers

The UK's fourth storm of the season left tens of thousands of people without power.

An image showing scorched, parched vegetation affected by wildfire or drought.
EmissionsEnvironmentFuelUnited NationsWeather

2024 ‘certain’ to be hottest year on record: EU monitor

Scientists say the period being lived through right now is likely the warmest the Earth has been for the last 125,000 years.

Presiding Judge Nawaf Salam, fourth from right, opens hearings into what countries worldwide are legally required to do to combat climate change and help vulnerable nations fight its devastating impact, at the World Court in The Hague, Netherlands, Monday, Dec. 2, 2024. (AP Photo/Peter Dejong)
ClimateClimate FinanceCourtsEmissionsIndigenousLegislationPoliticsRegulationsUnited NationsWeather

Closely-watched international climate case in the Hague wraps up its first week of testimony

International climate case at UN court debates obligations to combat climate change, aid vulnerable nations, and cut emissions.

Red needles seen on a balsam fir are shown in this handout image from New Brunswick. During a drive down a highway in the spring of 2018, a University of New Brunswick professor's wife pointed out clumps of bright red-coloured trees. Anthony Taylor of the faculty of forestry recognized them as dead balsam firs, which launched his research into how climate change is threatening the tree’s survival. THE CANADIAN PRESS/HO-Dr. Anthony R. Taylor *MANDATORY CREDIT*
ClimateEnvironmentWeather

Drought, heat threaten future of balsam firs popular as Christmas trees

The balsam fir accounts for about 20% of all trees in New Brunswick and is commonly associated with Christmas.

The sun sets over Alum Bluff on the Apalachicola River near Bristol, Fla. on Nov. 4, 2017. (AP Photo/Kate Payne)
BusinessClimateCourtsEmissionsEnvironmentLegislationOilRegulations

Environmentalists are headed to court over proposed oil well in vulnerable Florida watershed

Environmentalists sue to block oil drilling in Florida’s biodiverse Apalachicola watershed, citing risks to one of earth’s rare ecosystems.

FILE - Pump jacks extract oil from beneath the ground in North Dakota, May 19, 2021. (AP Photo/Matthew Brown, File)
BusinessClimateCourtsEmissionsEnvironmentLegislationPoliticsRegulationsReports

EPA hails ‘revitalized’ enforcement efforts as Biden administration heads to exit

EPA enforcement in 2024 cut 225M pounds of pollution, targeted overburdened communities, and set record fines for violations.

A person takes shelter under an umbrella as they cross the Sean O’Casey Bridge in Dublin’s city centre (Brian Lawless/PA)
ClimateElectricityUtilitiesWeather

Thousands without power and trains cancelled as Storm Darragh hits Britain

Gusts of up to 92mph have been recorded overnight in Capel Curig in North Wales.

A view of new cars parked in the port of Zeebrugge, Belgium, October 24, 2024. REUTERS/Bart Biesemans/ File Photo
AutomotiveBiofuelsElectric Vehicles (EVs)EmissionsPolitics

EU’s largest political group pushes to weaken combustion engine ban

The European People's Party is campaigning to weaken the EU's key policies on reducing car CO2 emissions.

A nighttime traffic jam with rows of cars emitting red brake lights, and traffic lights glowing in the distance.
ElectricityEmissionsEnvironmentTransport

Fine particle pollution blamed for nearly 240,000 EU deaths in 2022

A report links 48,000 premature deaths to nitrogen dioxide from vehicles and thermal power plants.

A news helicopter flies by as a 130-ton all-terrain crane prepares to place the giant blades onto a massive wind turbine on the top of Grouse Mountain ski resort in North Vancouver, B.C., Friday, Sept. 25, 2009.    THE CANADIAN PRESS/Jonathan Hayward
BusinessClimateEconomyElectricityEmissionsEnvironmentHydropowerIndigenousInfrastructurePoliticsUtilitiesWind

B.C. selects nine wind power projects to boost energy supply by eight per cent a year

B.C. has okayed nine wind energy projects that will boost its hydro-electric grid by eight per cent a year, enough to power 500,000...

FILE PHOTO: The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019 Picture Taken March 14, 2019. REUTERS/Rodrigo Garrido/File Photo
BusinessClimateCritical MineralsEmissionsEnvironmentIndigenousMiningPoliticsRegulations

Chile regulator charges Anglo American mine over environmental violations

Chile charges Anglo American's El Soldado mine with environmental violations, risking closure or a $12M fine without compliance.

ElectricityEmissionsGeothermalPolitics

EU looks to geothermal in drive for energy security, document shows

"The use of geothermal energy contributes to the strategic objectives of the European Union," the draft document said.

An image showing scorched, parched vegetation affected by wildfire or drought.
EmissionsEnvironmentFuelUnited NationsWeather

2024 ‘certain’ to be hottest year on record: EU monitor

Scientists say the period being lived through right now is likely the warmest the Earth has been for the last 125,000 years.

A fallen tree in Swainshill, Herefordshire, after Storm Darragh hit the UK and Ireland (Jacob King/PA)
ClimateEnvironmentWeather

Train lines closed as Storm Darragh travel disruption lingers

The UK's fourth storm of the season left tens of thousands of people without power.

Sheep look for water in a dry pond used by local farms for their livestock, in Contrada Chiapparia, near the town of Caltanissetta, central Sicily, Italy, July 19, 2024. (AP Photo/Andrew Medichini, File)
AgricultureClimateClimate FinanceEnvironmentPoliticsUnited NationsWeather

Earth’s lands are drying out. Nations are trying to address it in talks this week

The U.N. estimates that between 2007 and 2017, droughts cost $125 billion worldwide.

An image showing scorched, parched vegetation affected by wildfire or drought.
EmissionsEnvironmentFuelUnited NationsWeather

2024 ‘certain’ to be hottest year on record: EU monitor

Scientists say the period being lived through right now is likely the warmest the Earth has been for the last 125,000 years.

Red needles seen on a balsam fir are shown in this handout image from New Brunswick. During a drive down a highway in the spring of 2018, a University of New Brunswick professor's wife pointed out clumps of bright red-coloured trees. Anthony Taylor of the faculty of forestry recognized them as dead balsam firs, which launched his research into how climate change is threatening the tree’s survival. THE CANADIAN PRESS/HO-Dr. Anthony R. Taylor *MANDATORY CREDIT*
ClimateEnvironmentWeather

Drought, heat threaten future of balsam firs popular as Christmas trees

The balsam fir accounts for about 20% of all trees in New Brunswick and is commonly associated with Christmas.

A person takes shelter under an umbrella as they cross the Sean O’Casey Bridge in Dublin’s city centre (Brian Lawless/PA)
ClimateElectricityUtilitiesWeather

Thousands without power and trains cancelled as Storm Darragh hits Britain

Gusts of up to 92mph have been recorded overnight in Capel Curig in North Wales.

FILE PHOTO: Three polar bears are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge in this undated handout photo provided by the U.S. Fish and Wildlife Service Alaska Image Library on December 21, 2005. U.S. Fish and Wildlife Service Alaska Image Library/Handout via REUTERS/File Photo
BiodiversityBusinessClimateEconomyEnvironmentNatural GasOilPoliticsRegulations

US to offer oil and gas leases in Alaska wildlife refuge on Jan. 9

Biden administration to auction 400,000 acres in Alaska's Arctic Refuge for drilling, sparking environmental and economic debates.

A woman uses a donkey cart to transport a barrel of water in drought affected areas in Higlo Kebele, Adadle woreda, Somali region of Ethiopia, in this undated handout photograph. Michael Tewelde/World Food Programme/Handout via REUTERS/ File Photo
BiodiversityClimateClimate FinanceEconomyEnvironmentIndigenousResiliencyWeather

Climate Investment Funds board backs $500 million Ethiopia nature plan

CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.

People navigate among trash as they work in a program funded by Salvadoran government to clean the the El Cerron Grande reservoir in Potonico, El Salvador September 14, 2022. REUTERS/Jose Cabezas/File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousResiliency

Debt swaps gain momentum: How nations are funding conservation and climate action

Debt swaps are becoming a more widely used tool to help indebted countries raise money for conservation or climate-related projects.

A man walks under a tree blocking a lane in the Rock Dundo neighborhood after Tropical Storm Bret passed north of the island, in Bridgetown, Barbados June 22, 2023.  REUTERS/Nigel R. Browne/ File Photo
BiodiversityClimateClimate FinanceEconomyEmissionsEnvironmentIndigenousResiliency

Barbados completes world first debt swap for climate resilience

Barbados completes the first debt-for-climate swap, unlocking $125M for water resilience and climate adaptation projects.

A general view of the dried Cogoti reservoir, as water levels in the zone dropped to record lows, ahead of World Water Day at La Ligua area, in Coquimbo, Chile.
AgricultureBiodiversityClimate FinanceEmissionsEnvironment

UN calls for $2.6 trillion investment to reverse land degradation

Failure to restore degraded land harms U.N. efforts to cut emissions, protect biodiversity, and address agriculture's impacts.

FILE PHOTO: FILE PHOTO: A man walks in a flooded street a day after Hurricane Rafael made landfall in Batabano, Cuba, November 7, 2024. REUTERS/ REUTERS/Norlys Perez/File Photo
ClimateClimate FinancePoliticsResiliencyUnited Nations

Climate-vulnerable countries push for credit rating overhaul

Ratings given by the "Big Three" agencies consider the risks and potential for economic harm from climate change.

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo
ClimateClimate FinancePoliticsResiliency

World Bank wins pledges for $100 billion replenishment of fund for poorest countries

The World Bank made the announcement on Friday at a pledging conference for the International Development Association.

Intense flooding in Europe alone caused around $10 billion in insured losses this year, Swiss Re said (AFP)
ClimateEmissionsResiliencyWeather

Natural disasters cause $310bn in economic losses in 2024: Swiss Re

It marks the fifth consecutive year that insured losses have topped $100 billion.

A woman uses a donkey cart to transport a barrel of water in drought affected areas in Higlo Kebele, Adadle woreda, Somali region of Ethiopia, in this undated handout photograph. Michael Tewelde/World Food Programme/Handout via REUTERS/ File Photo
BiodiversityClimateClimate FinanceEconomyEnvironmentIndigenousResiliencyWeather

Climate Investment Funds board backs $500 million Ethiopia nature plan

CIF backs a $500M plan to restore degraded land in Ethiopia, protect forests, boost food security, and fight climate change.

The logo of Brazil's power company Eletrobras is seen in Rio de Janeiro, Brazil January 3, 2019. REUTERS/Pilar Olivares/File Photo
ElectricityEnvironmentHydropowerResiliencyWeather

Eletrobras’ Santo Antonio power plant bouncing back after historic Brazil drought

Santo Antonio, one of Brazil’s largest hydroelectric plants, stayed operational during extreme drought.

An image of the Shell logo on a signpost.
EnvironmentLegislationNatural GasOil

Shell and Greenpeace settle legal action over ship protest

Shell and Greenpeace settle a High Court case after activists boarded a ship in the Atlantic Ocean.

The Supreme Court is pictured, in Washington, D.C., U.S., October 21, 2024. REUTERS/Kevin Mohatt/File Photo
EnvironmentInfrastructureLegislationOilRail

US Supreme Court examines Utah railway in environmental review fight

The project involves an 88-mile railway in northeastern Utah for transporting waxy crude oil.

FILE PHOTO: IATA Director General Willie Walsh looks on during an interview with Reuters in Dubai, United Arab Emirates, June 2, 2024. REUTERS/Amr Alfiky/File Photo
AviationLegislationSustainable Aviation FuelTransport

Global airlines could miss sustainable fuel targets, IATA’s Walsh says

The aviation industry isn't moving fast enough to reach its targets for producing and using sustainable aviation fuel (SAF).

The logo of Stellantis is seen on the company's building in Velizy-Villacoublay near Paris, France, March 19, 2024. REUTERS/Gonzalo Fuentes/File Photo
AutomotiveBusinessElectric Vehicles (EVs)Manufacturing

Stellantis, China’s CATL to invest $4.33 billion in EV battery factory in Spain

Stellantis and CATL have set up a 50-50 joint venture for the project and expect to start production by the end of 2026.

FILE PHOTO: The headquarters of U.S. energy exporter and pipeline operator Kinder Morgan Inc. is seen in Houston, Texas, U.S. September 27, 2020. Picture taken September 27, 2020.  REUTERS/Gary McWilliams/File Photo
BusinessElectricityFinanceFuelInfrastructureNatural GasOilTransmission

Kinder Morgan forecasts higher profit in 2025

The company said it was expecting an adjusted earnings per share of $1.27, up eight per cent compared with its forecast of $1.17...

FILE PHOTO: Gasoline prices are shown at a local gas station as Southern California prices move towards record highs in Carlsbad, California, U.S., September 18, 2023. REUTERS/Mike Blake/File Photo
BusinessEconomyInfrastructureLegislationNatural GasOilPoliticsRegulations

California law, refinery exit reflect ongoing fuel market challenges, EIA says

Fuelmakers in California could face more headwinds next year as new legislation takes effect and refining margins remain weak.

FILE PHOTO: The Tesla Cybercab is displayed at a Tesla store in Berlin, Germany, November 20, 2024. REUTERS/Liesa Johannssen/File Photo
BusinessElectric Vehicles (EVs)ManufacturingRegulations

Tesla aims to launch robotaxi with teleoperator backup, Deutsche Bank says

Tesla plans robotaxi service in 2024 with a company-owned fleet and human teleoperators, starting in California and Texas.

FILE PHOTO: A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023. REUTERS/Bing Guan/File Photo
BusinessEconomyLiquefied Natural GasLiquefied Petroleum GasNatural GasOil

US average gasoline price drops below $3 a gallon for the first time since 2021

U.S. gas prices drop below $3/gallon for the first time since 2021, offering relief to consumers amid broader inflationary pressures.

FILE PHOTO: A man walks past a logo of Stellantis outside the company's building in Chartres-de-Bretagne near Rennes, France, September 20, 2024. REUTERS/Stephane Mahe/File Photo
AutomotiveBusinessElectric Vehicles (EVs)IndustryManufacturing

Stellantis’ former head of Ram returns to run the brand

Tim Kuniskis returns as Ram CEO to boost Stellantis amid falling sales and profits after Carlos Tavares' unexpected resignation.

Lundin Mining logo is seen in this undated handout photo. THE CANADIAN PRESS/HO-Lundin Mining *MANDATORY CREDIT*
BusinessCritical MineralsMining

Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B

Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at...

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