How Rivers and Oceans Could Help in the Fight Against Climate Change
Harnessing rivers and oceans to absorb CO2 through limestone dispersal offers a promising solution in combating climate change by enhancing natural carbon capture.
How New Fuel Restrictions for Arctic Shipping Fall Short of Environmental Goals
New UN fuel restrictions for Arctic shipping aim to protect the environmental goals but fall short in scope, say green groups, citing ongoing risks from black carbon emissions
Asset owners managing $6 trln call for global carbon price
Investors managing more than $6 trillion in assets on Tuesday called for a co-ordinated global price on carbon and said emissions costs would need to almost treble by 2030 to reach the world’s climate goals.
IMF raises U.S. 2021 growth forecast to 7%, assumes Biden spending plans pass
The International Monetary Fund raised its 2021 U.S. growth projection sharply to 7.0% due to a strong recovery from the COVID-19 pandemic and an assumption that much of President Joe Biden’s infrastructure and social spending plans will be enacted.
EU drafts plan to toughen carbon market – report
The European Union is planning to toughen its carbon market to cut emissions faster and put a price on pollution in new sectors, Bloomberg News reported on Sunday.
Analysis: EU industry hands Brussels headache over carbon border levy
Brussels policymakers, about to unveil the world’s first carbon border levy, are caught between industry demands to twin it with free carbon permits worth billions of euros, and analysts’ warnings that doing so could expose the EU to legal challenges at the WTO.
Britain’s biggest investor drops AIG, others from some funds over climate
Legal & General Investment Management, Britain’s biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their “insufficient” response to the challenge of climate change, including U.S. insurer AIG (AIG.N).
EU’s carbon border tariff to target steel, cement, power, Bloomberg News says
The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, Bloomberg News reported late on Wednesday.
Carbon emissions drop across Europe in 2020 – Eurostat
Carbon emissions from use of fossil fuels fell across the European Union last year, the bloc’s statistics office estimated on Friday, citing COVID-19 restrictions that shut down travel and factories across the region. CO2 emissions from the combustion of fossil fuels – such as oil, coal and natural gas – dropped 10% in 2020 compared […]
Carbon copy? Pandora takes a shine to lab-made diamonds
Pandora (PNDORA.CO), the jewellery maker best know for its silver charm bracelets, will stop selling mined diamonds and focus on more affordable, sustainable, lab-grown gems, it said on Tuesday. “Diamonds are not only forever, but for everyone,” Pandora Chief Executive Alexander Lacik said as the Danish company launched a new collection of man-made stones. Pandora, which […]
