Wednesday, 26 February 2025

International

If left unchecked, global warming could set in motion irreversible changes to planetary systems such as the disappearance of ice sheets or a collapse of ocean currents (AFP)
ClimateEmissionsNews

Net zero goal critical to Earth’s stability, says study

Reducing planet-heating emissions by 2100 is critical to avoid destabilising the systems that keep Earth in balance, says a new net zero study.

AnalysisCritical MineralsElectricityEnvironmentIndustryManufacturingMiningReportsStorage

Moving toward circularity: The future of battery minerals

A report from RMI explores how advancements in battery technology and recycling could lead to net-zero mineral demand by 2050.

FILE PHOTO: A view of flooded roads in front of Akita station following heavy rain in Akita, northeastern Japan in this photo taken by Kyodo on July 15, 2023.  Mandatory credit Kyodo/via REUTERS/File Photo
BusinessClimateNewsPoliticsRegulations

Global accounting body wants more rigour in showing climate impacts

Global accounting body IASB proposes standards on reporting climate and sustainability information with financial reports.

AnalysisEconomyNatural GasOilOpinionPolitics

For decades, governments have subsidised fossil fuels. But why?

Despite growing climate concerns, fossil fuels still supply over 80% of global energy, driven by subsidies to ensure energy security and economic stability.

A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/ File Photo
BusinessFuelNewsOilPoliticsTrade

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

OPEC+ is unlikely to alter its current production cuts despite falling oil prices, as discussed in an upcoming meeting.

FILE PHOTO: Smoke billows from a factory chimney along the Cairo–Alexandria highway as the sun rises amid a heatwave, near the city of Alexandria, Egypt, July 14, 2023. REUTERS/Mohamed Abd El Ghany/File Photo
EmissionsIndustryNewsRegulations

Corporate climate watchdog keeps lid on buying carbon offsets to meet climate targets

Science-Based Targets initiative report shows not enough scientific support for carbon offsets as an effective way to meet corporate climate targets.

FILE PHOTO: Flames reach upwards along the edge of a wildfire as seen from a Canadian Forces helicopter surveying the area near Mistissini, Quebec, Canada June 12, 2023.   Cpl Marc-Andre Leclerc/Canadian Forces/Handout via REUTERS/File Photo
BiodiversityClimateEmissionsEnvironmentIn-DepthIndigenousLegislationPoliticsRegulationsReportsResiliencyWeather

World’s forests failed to curb 2023 climate emissions, study finds

In 2023, intense drought and record wildfires hindered forests' ability to absorb CO2, worsening global warming.

FILE PHOTO: A VW badge is seen on a car at a dealership in Kaluga, Russia March 30, 2022. Picture taken March 30, 2022. REUTERS/Evgenia Novozhenina/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

German antitrust body gives green light to VW-Rivian joint venture

BERLIN (Reuters) – Germany’s Volkswagen and U.S electric car maker Rivian Automotive may form a joint venture, the German competition authority said on...

FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, July 26, 2024.     REUTERS/Staff/File Photo
BusinessFinanceNewsOil

European shares close lower in lead-up to Fed, earnings

Fears of a widening conflict in the Middle East and a raft of upbeat earnings updates have lifted the market, with pan-European STOXX...

FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a G20 event in Barra da Tijuca, Rio de Janeiro, Brazil, on July 25, 2024. REUTERS/Tita Barros/File Photo
BiodiversityBusinessClimateEconomyFinanceNewsPolitics

Yellen says $3tn needed annually for climate financing

On visit to the Amazon, US Treasury Secretary Yellen says climate financing needs to be far above current levels.

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