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WELLINGTON, New Zealand (AFP) – New Zealand passed a law Thursday forcing banks to reveal the impact of their investments on climate change, describing it as a world-first move to make the financial sector’s environmental record more transparent. Climate Change Minister James Shaw said the law meant banks, insurance companies and investment firms would make mandatory disclosures about their portfolios’ global warming record from next year. Shaw, who will head to Glasgow later this month […]
by Khaliun Bayartsogt Agence France-Presse TSAGAAN KHAD, Mongolia (AFP) – Snaking across the barren Mongolian desert, a convoy crawls along the once-busy highway to the Chinese border — its truckers desperate to finally deliver their cargo of coal after months of brutal Covid-19 delays and no pay. Pre-pandemic, the route was packed with drivers delivering the vital fuel to China — the world’s biggest coal importer — currently grappling with widespread power cuts threatening its […]
MOSCOW, Russia (AFP) – Russian President Vladimir Putin will not go to next month’s landmark UN climate summit, the Kremlin said on Wednesday as the UK stressed the importance of national leaders’ presence. The COP26 conference in the Scottish city of Glasgow has been called humanity’s “last best chance” to get devastating climate change under control. Kremlin spokesman Dmitry Peskov told reporters that “unfortunately Putin will not fly to Glasgow”, while stressing that climate change […]
STRASBOURG, France (AFP) – The European Parliament backed Wednesday an ambitious EU push to make farming more sustainable, in a move hailed by environmental activists who also called for binding targets for slashing pesticides. A majority of 452 legislators gave the thumbs up to a report on the EU executive’s “farm to fork” strategy in the face of intense lobbying from agricultural groups. There were 170 against with 76 abstentions. “MEPs highlighted the need for enhanced […]
SYDNEY, Australia (AFP) – Australia-based mining giant Rio Tinto on Wednesday announced plans to cut direct carbon emissions 50 percent by 2030, ramping up previous targets as the firm tries to green its highly polluting operations. Rio Tinto said it would spend around $7.5 billion from now until the end of the decade to cut so-called scope one and two emissions — from mining operations and power consumption. “Governments are setting more ambitious targets and […]
by Patrick GALEY Agence France-Presse PARIS, France (AFP) – The world’s nations are currently planning to produce more than double the amount of coal, oil and gas consistent with limiting global warming to 1.5 degrees Celsius, the United Nations said Wednesday. Ten days before a climate summit that is being billed as key to the viability of the Paris Agreement temperature goals, the UN’s Environment Programme said that government fossil fuel production plans this decade […]
by Layal Abou Rahal Agence France-Presse BEIRUT, Lebanon (AFP) – By challenging Lebanon’s national passion for automobile ownership, and driving growing numbers towards greener or more collective transport, the economic crisis is succeeding where everything else failed. In the absence of a functioning public transport system, car culture has thrived and many households, even modest ones, boast multiple vehicles. Since 2019, however, an ever worsening financial crisis has made petrol unaffordable for many and long […]
PARIS, France (AFP) – The French oil and gas major Total deliberately downplayed the threat of global warming from the 1970s onwards, according to research based on interviews with former company executives and internal company documents. The findings, published by a trio of historians Wednesday in the peer-reviewed journal Global Environment Change, follow similar revelations about US oil giant ExxonMobil and Royal Dutch Shell. The pattern that emerges is one of oil and gas giants […]
by Frankie TAGGART Agence France-Presse WASHINGTON, D.C., United States (AFP) – President Joe Biden has pledged to enact the toughest environmental policies in US history but his plans look dead on arrival thanks to one senator who has pocketed a fortune from fossil fuels. The $150 billion Clean Electricity Performance Program (CEPP) — a cornerstone of Biden’s sweeping domestic agenda — would reward utilities that switch to renewable energy and penalize those that do not. […]
Brasília, Brazil (AFP) – Brazil President Jair Bolsonaro and his Colombia counterpart Ivan Duque said on Tuesday they would head to the next UN climate summit “united” in defense of the Amazon. The Cop26 climate conference begins in Glasgow on October 31 and will last two weeks. “We will arrive in Glasgow untied to tackle a very important and dear affair for all of us: our dear, rich and desirable Amazon,” said Bolsonaro following his meeting […]
by Joe JACKSON Agence France-Presse LONDON, United Kingdom (AFP) – Prime Minister Boris Johnson on Tuesday urged foreign investors to buy into post-Brexit Britain as he seeks to power future prosperity on renewable energy and green technology. His government also outlined more detailed plans to reach net-zero carbon emissions by 2050, including a drive towards electric vehicles. The moves are part of a £90 billion ($125 billion, 107-billion-euro) plan that ministers say will support 440,000 […]
by Véronique DUPONT LERWICK, United Kingdom (AFP) — In the far north of the United Kingdom, where the wind blows and the sea rages, the islands of Orkney and Shetland have long relied on oil and gas for prosperity. But as supplies dwindle and the fight against climate change becomes more urgent, the islands off the northeast coast of Scotland are increasingly turning to renewables. Daniel Wise is head of offshore operations at Orbital Marine […]
