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Climate
Carbon Pricing
IMF Chief Says $75/Ton Carbon Price Needed by 2030
The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed.
Carbon Emissions
DP World Earmarks $500 Million to Cut CO2 Emissions Across Its Business
Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next fi…
United Kingdom
Rishi Sunak Secures £3.58bn Climate Finance Deal With Kenya
UK PM has agreed to fast-track six renewable energy projects being built in the African nation.
Carbon Neutral
World’s Greenest Warehouse to Be Built in Sweden
The project will lead the way to urgent CO2 reductions as called for by COP27.
Carbon Emissions
UN: ‘Last 8 Years the Hottest Ever’
Sea level rises have also doubled in the last 30 years, a report has found.
Carbon Emissions
Brazil's Lula Hopes to Unite Rainforest Nations, Tap Funding at COP27
A new alliance of rainforest nations - sought by Brazil's President-elect Luiz Inácio Lula da Silva - could be key to unlocking conservation funding and bolste…
COP27 to Formally Discuss Climate Compensation for Poorer Nations
COP27 delegates agreed on Sunday to discuss whether rich countries should compensate poorer nations most vulnerable to climate change at the United Nations clim…
Carbon Emissions
South Africa Says It Needs $84 Billion for Energy Transition in Next Five Years
South Africa needs about 1.5 trillion rand ($84 billion) over the next five years for its plans to cut carbon emissions, harness economic opportunities from the…
Australia
Australia, Pacific Nations to Bid to Co-Host 2026 U.N. Climate Summit
Australia will launch a bid with Pacific nations to host the United Nations climate summit in 2026.
Net Zero Emission
TotalEnergies Bent on Taking Legal Action Following Allegations of ‘Dramatically Underreporting’ Emissions
After Greenpeace published a report claiming that TotalEnergies’ emissions are four times higher than reported, the French energy giant has made up its made to…
World Falling Short on Funding for Climate Adaptation - UN Report
The world is falling far short at rounding up money to help struggling nations adapt to the increasingly dangerous impacts of climate change.
Carbon Emissions
EU Gas Emissions End Post-COVID Rise on Cleaner Supply, Energy-Saving-Study
Gas emissions from the European Union's energy sector have ended more than a year of post-pandemic rises thanks to cleaner power supplies and energy-saving effo…
Carbon Emissions
Researchers Report Renewable Jet Fuel Breakthrough
National Renewable Energy Laboratory researchers report success in using lignin as a path toward a drop-in 100% sustainable aviation fuel.
Paris Climate Agreement
UN: ‘Some of the World’s Glaciers Are Beyond Saving’
Africa’s last glaciers will all have melted by 2050, the research claims.
Net Zero Emission
MIT Amps up Research to Reduce Methane Emissions by 2030
One of the most notable climate change provisions in the 2022 Inflation Reduction Act is the first U.S. federal tax on a greenhouse gas (GHG).
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