Climate change
Biden reverses Trump move to open up more oil drilling in Arctic
A polar bear sow and two cubs are seen on the Beaufort Sea coast within the 1002 Area of the Arctic National Wildlife Refuge. U.S. Fish and Wildlife Service | Reuters The Biden administration on Monday reversed a Trump administration plan that would have allowed the government to lease more than two-thirds of the country’s […]
Read More
BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars and vans by 2030. Chris Ratcliffe | Bloomberg | Getty Images Tritium and BP have entered into a multi-year contract related […]
Read More
Sustainable recovery spending could be derailed by commodity price spikes following Ukraine war
Concerns related to both the energy transition and energy security have been thrown into sharp relief by Russia’s invasion of Ukraine. At the same time, recent months have also seen commodity prices jump. Marcus Brandt | Picture Alliance | Getty Images The world’s governments have pledged more than $710 billion to “sustainable recovery measures” by […]
Read More
California unveils proposal to ban new gas-fueled cars by 2035
Morning traffic makes its way along a freeway in Los Angeles, California, September 19, 2019. Mike Blake | Reuters California’s clean-air regulators unveiled a plan this week that would ramp up the sale of electric and zero-emissions vehicles while phasing out the sale of new gasoline-fueled vehicles by 2035, in an aggressive effort to combat the […]
Read More
Japanese car giant Honda targets EV expansion, earmarks billions for R&D
With several major economies looking to cut the number of diesel and gasoline vehicles on their roads, Honda and other carmakers are attempting to develop electrification strategies that will allow them to remain competitive going forward. Aimur Kytt | Istock Editorial | Getty Images Honda plans to invest around 5 trillion yen ($39.9 billion) in […]
Read More
Asia faces growing threats from climate change. Here’s what can be done
A boy searches for remaining food in polythene packets at roadside in Allahabad, India, on May 11, 2018. In 2021, over 57 million people were affected by climate disasters in Asia, the International Federation of Red Cross and Red Crescent Societies reported. Sanjay Kanojia | Afp | Getty Images Asia, one of the regions most […]
Read More
Methane emissions surged by a record amount in 2021, NOAA says
A broken oil well pipeline gauge near Depew, Oklahoma J Pat Carter/Getty Images Global emissions of methane, the second-biggest contributor to human-caused climate change after carbon dioxide, surged by a record amount in 2021, the National Oceanic and Atmospheric Administration said on Thursday. Methane, a key component of natural gas, is 84 times more potent than […]
Read More
Wind energy needs dramatic increase to hit net-zero goals, new report says
Onshore and offshore wind turbines photographed in Flevoland, the Netherlands. Mischa Keijser | Image Source | Getty Images The wind energy sector had its second best year in 2021 but installations will need to dramatically increase going forward to keep track with net-zero goals, according to a new report from the Global Wind Energy Council. […]
Read More
Climate change could cost U.S. $2 trillion each year by the end of the century, says White House
Dry cracked earth is visible in an area of Lake Powell that was previously underwater on March 28, 2022 in Page, Arizona. As severe drought grips parts of the Western United States, water levels at Lake Powell dropped to their lowest levels since the lake was created by damming the Colorado River in 1963. Justin […]
Read More
‘It’s now or never’: World’s top climate scientists issue ultimatum on critical temperature limit
The IPCC has warned that about half of the world’s population is now acutely vulnerable to disasters stemming from the burning of fossil fuels. Bloomberg | Bloomberg | Getty Images The fight to keep global heating under 1.5 degrees Celsius has reached “now or never” territory, according to a new report released Monday by the […]
Read More