climate-change
Top StoriesEU Plans One-Year Renewable Energy Permits for Faster Green Shift
Top StoriesHeat Pumps, Renovations Could Slash Europe’s Russian Gas Use – Report
Top StoriesAnalysis-Rising Power Bills Complicate Australia’s Election Climate War
Top StoriesBNP Paribas Pledges No New Loans for Oil Drilling in Amazon Rainforest
Extreme Heat Kills at Least 25 in India’s Maharashtra State
Date: May 3, 2022
NEW DELHI (Reuters) – India’s western state of Maharashtra has registered 25 deaths from heat stroke since late March, the highest toll in the past five years, with more fatalities likely elsewhere in a country sweltering in temperatures over 40 degrees Celsius. Scientists have linked the early onset of an intense summer to climate change,...
Bank of England to Focus on Financial Resilience to Climate Change, Says Policymaker
Date: May 3, 2022
LONDON (Reuters) -The rise in demand for coal following Russia’s invasion of Ukraine is a setback to reaching a net-zero economy by 2050 but will also help bolster investment in renewable energy, a Bank of England (BoE) policymaker said on Tuesday. Elisabeth Stheeman, a member of the BoE’s Financial Policy Committee (FPC), said the impact...
Bp to Keep Betting on Lower Carbon, More Economical Offshore Oil Output
Date: May 2, 2022
HOUSTON (Reuters) – British oil major BP will continue betting on “lower carbon, more economical” offshore oil and gas exploration and production, a company executive said on Monday, warning that lack of investment could lead to global oil scarcity. Offshore operations allow better control of emissions, especially in the U.S. Gulf of Mexico, said Starlee...
Insurer Allianz Toughens Oil & Gas Policy to Help Meet Climate Goal
Date: April 29, 2022
By Simon Jessop and Carolyn Cohn LONDON (Reuters) – Europe’s biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry as part of efforts to align its underwriting policies with the world’s climate goal, the company said on Friday. The move is the latest by a major insurer to...
Norway Arrests Activists Blocking Tanker Unloading Russian Oil
Date: April 25, 2022
OSLO (Reuters) – Norwegian police said they had arrested 20 Greenpeace and Extinction Rebellion campaigners who on Monday blocked a tanker from delivering Russian oil to an Exxon Mobil terminal. In a protest against Russia’s invasion of Ukraine, activists had fastened their red rubber dinghy to the Ust Luga’s anchor chain, Greenpeace said, as they...
Britain Moves Ahead With Mandatory Climate Plans for Companies
Date: April 25, 2022
By Huw Jones LONDON (Reuters) – Britain unveiled a new taskforce on Monday to write rules forcing financial firms and listed companies to publish plans from next year for transitioning to a net zero economy by 2050. Last November at the COP26 UN Climate Summit, British finance minister Rishi Sunak said companies would have to...