climate-change
BankingHow Banks Can Manage Climate Risks and Opportunities
Top StoriesGlobal Companies Need Clear “safe Harbour” Guidelines From Governments to Allay Fears They Could Be Tripped up by Antitrust Rules
Top StoriesFarming and Tourism Under Threat as Winter Drought Dries up France’s Lake Montbel
Top StoriesING Toughens Oil and Gas Policy to Include Trade Finance, Midstream
Europe Experienced Second-Warmest Winter on Record
Date: March 9, 2023
By Kate Abnett BRUSSELS (Reuters) – Europe is emerging from its second-warmest winter on record, European Union scientists said on Wednesday, as climate change continues to intensify. The average temperature in Europe from December to February was 1.4 degrees Celsius above the 1991-2020 average for the Boreal winter season, according to data published by the...
German Minister Says ‘on Right Track’ to Solving CO2-emitting Car Row
Date: March 6, 2023
By Kate Abnett and Andreas Rinke BERLIN/BRUSSELS (Reuters) -Germany’s transport minister is hopeful of a solution to a row with the European Union over the bloc’s law to end sales of new CO2-emitting cars in 2035, he said on Monday. After months of negotiations, the European Parliament, the Commission and EU member states last year...
Citi Pledges to Cut Emissions for More Sectors Including Coal
Date: March 2, 2023
LONDON (Reuters) -U.S. bank Citi on Thursday announced targets for cutting emissions tied to loans it makes to coal mining, auto, steel and real estate clients by the end of this decade, in its latest update to its plan to reach net-zero emissions by 2050. Banks globally are laying out plans for reducing emissions for...
Global Energy-Related CO2 Emissions Edged up to Record High in 2022 – Iea
Date: March 2, 2023
By Susanna Twidale LONDON (Reuters) – Global energy-related emissions of carbon dioxide hit a record high last year, although more clean technology such as solar power and electric vehicles helped limit the impact of increased coal and oil use, the International Energy Agency (IEA) said on Thursday. Deep cuts in emissions, mainly from burning fossil...
Bank Finance for Cleaner Energy Grows, but Still Lags Fossil Fuels – Report
Date: February 28, 2023
LONDON (Reuters) -Banks gave 81 cents in financing support to low carbon energy supply for every dollar they provided to fossil fuels in 2021, a report showed on Tuesday, but they will need to ramp up their commitments much further for the world to hit its climate goals. Several climate scenarios suggest that to limit...
Exclusive-To Tap U.S. Government Billions, Tesla Must Unlock Ev Chargers
Date: February 12, 2023
By Jarrett Renshaw and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk has often talked about opening his Supercharging network to competitors, but has never actually done so in the United States, where the company dominates the electric vehicle market. Now, the brash CEO may have 7.5 billion reasons to accelerate those plans. The Department of...