Saturday, 22 February 2025

Focus on UNFCCC

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Baker Hughes Announces Fourth-Quarter and Full-Year 2024 Results

Fourth-quarter highlights Orders of $7.5 billion, including $3.8 billion of IET orders.RPO of $33.1 billion, including IET RPO of $30.1 billion.Revenue of $7.4...

Critical MineralsElectricityMineralsNewsNuclear Power

Column-Nuclear revival puts uranium back in the critical spotlight: Andy Home

Uranium's inclusion on the U.S. critical mineral list would open up federal funds and fast-track permitting for domestic uranium projects.

FILE PHOTO: Britain's Prime Minister Keir Starmer speaks during the Prime Minister's Questions at the House of Commons in London, Britain, January 29, 2025. ©House of Commons/Handout via REUTERS/File Photo
ClimateEmissionsLegislationNewsPoliticsUnited Nations

Britain submits plans to hit emissions-cutting target

Starmer raised Britain's climate targets at COP29, pledging to cut greenhouse gas emissions by 81% by 2035.

FILE PHOTO: Brazil's Minister of Environment Marina Silva and Brazil's President Luiz Inacio Lula da Silva greet Brazil's Ambassador Andre Correa do Lago while he's announced as President of the UN climate conference COP30, at the Planalto Palace in Brasilia, Brazil, January 21, 2025. REUTERS/Ueslei Marcelino/File Photo
AnalysisClimateClimate FinanceEmissionsPolitics

COP30 in Brazil set to spotlight developing countries’ climate finance needs

COP30 host Brazil urges rich nations to boost climate funds amid U.S. Paris exit; $300B pledged falls short of $1.3T needed.

FILE PHOTO: Special envoy to the United Nations for climate change Michael Bloomberg speaks during the One-on-One discussion panel with International Monetary Fund (IMF) Managing Director Christine Lagarde on side of the IMF/World Bank spring meeting in Washington, U.S., April 19, 2018. REUTERS/Yuri Gripas/File Photo
ClimateClimate FinanceEmissionsNewsPolitics

Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal

By Valerie Volcovici WASHINGTON (Reuters) -Former New York Mayor Michael Bloomberg’s philanthropy arm said on Thursday it will provide funding to help cover...

A view of an oil pump jack on the prairies near Claresholm, Alberta, Canada January 18, 2025.  REUTERS/Todd Korol
AnalysisOilPolitics

Trump’s climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers welcome Trump's push for domestic energy but fear exiting climate deals could hurt global clean energy investments.

Indonesia opened its carbon exchange to international buyers on Monday, aiming to raise funds to help meet ambitious domestic climate goals (AFP)
BusinessCoalElectricityEmissionsEmissions MarketsEnvironmentNewsRegulationsSolarVoluntary Carbon Markets (VCMs)Wind

Indonesia launches international carbon exchange

Indonesia launches a carbon exchange for global buyers, seeking funds to achieve ambitious climate goals.

FILE - John Podesta, U.S. climate envoy, speaks during a plenary session at the COP29 U.N. Climate Summit, Nov. 13, 2024, in Baku, Azerbaijan. (AP Photo/Sergei Grits, File)
ClimateEmissionsEnvironmentNewsPoliticsUnited NationsWeather

Biden climate adviser says California wildfires show ‘you have to take the science seriously’

Wildfires near LA highlight worsening climate change challenges that Trump must address more seriously in his next term.

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.

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