Keyword "CO2" - List of latest news (955 results)

08:40 Brazil urging tougher emissions goals ahead of climate summit, sources say

Brazil, which hosts this year's United Nations climate summit, has a main goal of persuading Europe, China and other developing economies to commit to cutting greenhouse gas emissions enough to keep global warming well below 2 degrees Celsius, three people with knowledge of the country's plans told Reuters.

21/04 Republican lawmakers face clean-energy conundrum as they work on tax bill

Major clean energy investments in their districts are at odds with Trump's skepticism of the industry.

21/04 Exclusive: EU explores tweaking methane rules for US gas to help trade talks, sources say

The European Union is looking at ways to make it easier for U.S. gas exports to comply with its methane emissions rules, as the bloc attempts to avert a trade war with U.S. President Trump, three sources told Reuters.

19/04 DVLA hits millions with new £650 driver tax - check if you are exempt

The DVLA brought in a number of changes to existing charges on April 1

10/04 Restarting coal plants after Trump's executive orders makes no economic sense, report says

U.S. President Donald Trump is advocating for increased coal production in the United States, however, reviving decommissioned coal plants to meet this goal makes "no economic sense", the Institute for Energy Economics and Financial Analysis (IEEFA) said on Thursday.

10/04 US will no longer require green analysis on thousands of oil, gas leases

The U.S. said on Thursday that it will no longer require an environmental impact statement for thousands of oil and gas leases across the U.S. West, in a move aligning with President Donald Trump's efforts to lift hurdles on drilling.

08/04 Europe just had warmest March on record

Europe experienced its warmest March since records began, as climate change continues to push temperatures to unprecedented levels, European Union scientists said on Tuesday.

08/04 Renewables provided record 32% of global electricity in 2024, Ember says

Renewable power generation provided a record 32% of global electricity last year, a report by energy think tank Ember said on Tuesday, as overall electricity demand grew 4% driven by heatwaves and data centres.

07/04 Europeans buy 42 pieces of apparel yearly: How much of it is wasted?

Cascale CEO Colin Browne emphasises the importance of the textile and fashion industry working together, through brands, manufacturers and retailers, to address climate change. #TheBigQuestion

02/04 US natural gas prices brace for impact from tariff crossfire: Maguire

U.S. natural gas prices are already up by around 80% from a year ago, but are due for a fresh jolt from the knock-on effects of the latest round of trade tariffs imposed by the U.S. government on goods entering the country.

01/04 Finland's last active coal-fired power and heat plant shuts down

Finland's last coal-fired power and heat plant in active production will shut down permanently on Tuesday, enabling Helsinki energy group Helen to cut its emissions and put an end to rising energy costs for its customers, its chief executive said.

28/03 Commentary: US LNG exporters could hit methane snag in Europe

The Trump administration’s broad policy goal of achieving “energy dominance” may run into headwinds in the country’s largest export market, the European Union, due to new methane regulations.

28/03 EU targeting energy laws in drive to cut red tape, sources say

The European Commission is considering changes to EU energy laws as part of its next package of proposals to cut the regulatory burden for struggling industries, sources familiar with the matter told Reuters.

23/03 CO2 gases were collected in Pars Special Economic Economic Zone

Abbaszadeh said: The start of the largest environmental project of collecting CO2 gases in the Pars Special Economic Economic Zone is not only environmentallymable but economically justified and must begin as soon as possible.

22/03 Canadian opposition, oil CEOs call for scrapping federal carbon price system

The future of Canada's six-year-old carbon pricing system is on shaky ground after 14 oil and gas CEOs and the political opposition leader this week called for its repeal. Scrapping the system, which aims to reduce pollution by giving heavy industry a financial incentive to cut carbon emissions, however, puts the viability of the high-profile Pathways Alliance carbon capture project in doubt.

20/03 EVs set to save Europe 20 million tonnes of CO2 this year but transport remains biggest polluter

One in five new cars sold in the EU this year will have zero tailpipe emissions. How did we get here? View on euronews

20/03 EVs will save Europe 8 coal power plants worth of emissions this year

One in five new cars sold in the EU this year will have zero tailpipe emissions. How did we get here?

19/03 US judge blocks Trump's EPA from clawing back climate grants

A U.S. judge on Tuesday temporarily blocked the U.S. Environmental Protection Agency from recovering grant funds issued as part of a $20 billion climate funding program that President Donald Trump's administration has moved to terminate.

18/03 Sand-sized fossils hold secrets to the history of climate change

Foraminifera have lived almost everywhere in the ocean for millions of years. Their fossilised remains hold a record of Earth’s past.

10/03 US Supreme Court nixes challenge to state climate suits against oil firms

The U.S. Supreme Court rejected on Monday a bid by 19 Republican-led states led by Alabama to block five Democratic-led states from pursuing lawsuits accusing major oil companies of deceiving the public about the role fossil fuels have played in causing climate change.

09/03 Environmental NGO sues Trump's EPA, Citibank over funding freeze

It is the latest in a scores of cases filed by nonprofit groups, state attorneys general and others.

08/03 United States quits board of UN climate damage fund, letter shows

The United States has withdrawn from the board of the U.N.'s hard-negotiated climate damage fund, dedicated to helping poor and vulnerable nations cope with climate change-fuelled disasters, a letter seen by Reuters showed.

07/03 China's power grid clean-up puts several US systems to shame

China's steady expansion to coal-fired power capacity has drawn ire from U.S. power system advisers who gripe that there's little point in cleaning up generation at home while China lifts coal-fired emissions ever higher.

07/03 Germany's climate activists on edge as parties shape coalition agenda

Climate activists fear the worst when Germany's conservatives and Social Democrats begin to thrash out a joint climate policy for their future coalition government.

07/03 Global carbon offset standard approves three clean cookstove methods

A global standard setter for voluntary carbon projects has approved three new methods for projects that reduce emissions by switching to cleaner fuels used in domestic cookstoves, hoping to boost buyer confidence in the credits they generate.

06/03 Transition to zero-emission mobility: The EU’s plan to save Europe's car industry

In a new action plan to boost Europe's car industry, the European Commission pledged to support EV battery manufacturing, one of five flagship initiatives. Brussels also gave more flexibility for meeting this year’s CO₂ targets. View on euronews

05/03 Key energy and output data to track as Germany charts economic revival

Following rare back-to-back economic contractions in 2023 and 2024, German businesses are hopeful that a new government formed by the conservative CDU/CSU party and the center-left Social Democrats can revive Europe's largest economy in 2025.

04/03 EU wants to loosen exhaust gas regulations for car manufacturers

The European auto industry is under pressure, thousands of jobs are up for debate. That's why politics wants to help. The EU Commission President of the Leyen has now explained what that could look like.

24/02 Greenhouse emissions: Which countries are reporting the biggest decreases?

EU greenhouse gas emissions fell between Q3 2023 and Q3 2024, mostly due to reductions in the electricity and gas supply chain. View on euronews

24/02 Greenhouse emissions: Which countries reported the biggest decreases?

EU greenhouse gas emissions fell between Q3 2023 and Q3 2024, mostly due to reductions in the electricity and gas supply chain. #EuropeInMotion

15/02 The largest hypothelional ship in the world - VnExpress newspaper

Sweden- a 130-m long Horizon X-hull, can carry up to 1,500 passengers, large quantities of goods and 400 vehicles.

14/02 China and the world's top paradox in clean electricity - emissions - VnExpress newspaper

China contributes nearly two -thirds of the solar and wind power projects under construction in the world, but still opened many new coal power plants.

08/02 Will Trump’s new tariff curb climate-damaging fast fashion?

Fast fashion is responsible for about 10 per cent of global carbon emissions - more than all international flights and maritime shipping combined.

24/01 COP30 in Brazil set to spotlight developing countries' climate finance needs

As world leaders grapple with the U.S. withdrawal from the Paris Agreement, Brazil, the host of this year’s COP30 global climate summit, sees an opportunity to amplify the voices of developing nations in what will be a fierce dispute over who will pay for the global transition to cleaner energy sources.

23/01 Oil industry unlikely to rush to Alaska despite Trump's call to drill 

U.S. oil and gas companies are unlikely to expand development in Alaska and the Arctic following President Donald Trump's executive order enabling them to do so, company officials and industry representatives told Reuters, noting a future president could easily reverse Trump's move.

23/01 Senate panel approves Trump's picks to run energy, interior departments

U.S. Senate committees on Thursday approved President Donald Trump's choices to run energy and environmental policy - officials who, if backed by the full Senate, will seek to maximize fossil fuel output and scrap chunks of climate policy.

23/01 Bloomberg philanthropy to cover U.S. climate dues after Paris withdrawal

Former New York Mayor Michael Bloomberg's philanthropy and other U.S. funders said on Thursday they will cover U.S. financial obligations to the UN climate framework after President Donald Trump called for the U.S. to withdraw - for a second time - from the Paris climate agreement.

22/01 Trump's climate withdrawal creates rare discord with Big Oil

U.S. oil and gas producers are thrilled that President Donald Trump wants to encourage domestic energy development but say his decision to withdraw the United States from international climate cooperation will not help their investment plans in the global transition to cleaner energy.

22/01 Oil eases to one-week low amid Trump tariff uncertainty

Oil prices eased to a fresh one-week low on Wednesday as the market considers how U.S. President Donald Trump's proposed tariffs could affect global economic growth and demand for energy.

22/01 Carbon markets investor kicks off $1.5 billion Amazon protection plan in Davos

A carbon markets investor backed by Swiss-trading house Mercuria said on Wednesday it had joined with two non-profits to raise an initial $1.5 billion to help protect the Amazon, by working with Brazilian states, farmers and local communities.

22/01 Brazil taps COP30 head, warns of Trump's impact on climate talks

Brazil's newly nominated head of the planned 2025 COP30 climate summit in the Amazonian city of Belem warned on Tuesday that President Donald Trump's decision to withdraw the United States from the Paris Agreement would cast a shadow over the talks.

21/01 Trump revokes Biden 50% EV target, freezes unspent charging funds

U.S. President Donald Trump on Monday took aim at electric vehicles, revoking a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in the United States by 2030 were electric.

17/01 According to the leader of Mercedes and the president of the largest European car lobby, the CO2 quotas must be renegotiated

According to him, there are not supply but rather demand problems in the electric car market.

17/01 Trump's pick to lead EPA says agency authorized, not required to regulate CO2

U.S. President-elect Donald Trump's pick to lead the Environmental Protection Agency on Thursday said he believes climate change is real and a threat but that the agency he is poised to oversee is just authorized, not required, to regulate carbon dioxide emissions.

16/01 Auto lobby renews plea for leniency over failure to meet CO2 standards

European auto industry’s new lobbyist-in-chief says carmakers have no chance of complying with EU environmental law this year, and renews call for emergency relief from impending fines that could run to billions of euros. #EuropeNews

16/01 US announces nearly $23 billion in loans to energy utilities across 12 states

The U.S. Energy Department's loan office on Thursday announced $22.92 billion in conditional financing for several energy utilities across a dozen states.

16/01 Toyota unit Hino Motors reaches $1.6 billion US diesel emissions settlement

Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday.

13/01 Trump's likely first moves on US energy policy

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.

13/01 Climate money 2025: When will the CO2 price relief come and how much will it be?

The climate money was firmly anchored in the coalition agreement of the broken traffic light government. It has not yet been implemented. Can citizens expect climate money in 2025? An overview. On January 1, 2025, the federal government raised CO2 pricing again: The CO2 price rose from 45 euros to 55 euros per ton. This is...

10/01 Politics, not climate, to drive sustainable finance trends in 2025

A turbulent year for sustainable finance is set to continue in 2025 as the return of Donald Trump as U.S. president heralds more regional divergence on everything from fund flows to legal cases and market regulations.

10/01 Mercedes-Benz 2024 car sales fall in tough year for automakers

Mercedes-Benz's core car sales fell in 2024, a tough year for the auto industry marked by waning demand in a weak economy, especially in key market China, the German luxury carmaker said on Friday.

09/01 Climate change shows 'claws' with rising costs for disasters, Munich Re says

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from 2023 and one of the costliest years on record, Munich Re said on Thursday.

09/01 Tesla is lining the pockets of other car manufacturers to avoid environmental fines

In fact, the American company is partly financed by its competitors.

07/01 Trump says he will revoke Biden offshore drilling ban immediately

U.S. President-elect Donald Trump said on Tuesday he will move quickly to revoke an offshore oil and gas drilling ban announced by outgoing Democratic President Joe Biden.

07/01 Automakers to pool CO2 emissions with Tesla, Polestar to meet EU 2025 rules

Automakers facing tougher EU 2025 emissions rules are planning to buy carbon credits from electric vehicle makers.

07/01 Energy transition: record CO2 revenue – 18.5 billion euros for the federal government

Revenue from emissions trading rose to a record level in 2024. Politicians and experts are calling for the money to be paid out to citizens. Revenue from emissions trading rose to a record level in 2024. According to information from the German Emissions Trading Authority (DEHSt) on Tuesday, they reached a total of 18.5 million...

07/01 Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic, shipping data showed, due to weak demand growth and as refinery and pipeline changes reshuffled trade routes.

07/01 Exxon sues California AG, environmental groups over attacks on recycling efforts

Exxon Mobil filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental groups, court records show, accusing them of defaming and disparaging the oil giant's advanced plastics recycling initiatives.

06/01 Climate change: what the latest science is telling us

After another record-breaking year for global temperatures in 2024, pressure is rising on policymakers to step up efforts to curb climate change.

03/01 Biden administration offers nuclear industry path to hydrogen tax credit

The Biden administration said on Friday nuclear power plants will be able to secure lucrative tax credits for production of what it calls clean hydrogen if the credits help prevent reactors from retiring.

02/01 U.S. LNG exports soar in December, lifting full-year growth by 4.5%

U.S. LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.

02/01 Chinese electric vehicles gain market share in Norway

Chinese electric cars have surged to account for almost 10% of new car sales in Norway in only five years, data from the country's road federation (OFV) showed on Thursday.

02/01 In Norway, nearly all new cars sold in 2024 were fully electric

Nine out of ten new cars sold in Norway last year were powered by battery only, registration data showed on Thursday, placing the country within reach of its target of only adding cars that are electric on the road by 2025.

31/12 US to issue hydrogen credit rule this week, with path for nuclear, sources say

The U.S. Treasury Department intends to release guidance on how to access tax credits for hydrogen production under the 2022 Inflation Reduction Act later this week, according to two sources familiar with the matter.

30/12 Tourists enjoy last days of patio heaters on Barcelona's terraces

Tourists in Barcelona's historic centre were enjoying the last days of gas-powered patio heaters before their use is banned in 2025 because of their carbon emissions.

29/12 Climate change makes the weather in 2024 more extreme - VnExpress Newspaper

One of the most notable issues about Earth in 2024 is climate change bringing many global disasters and other extreme weather events.

29/12 The effects of climate change in 2024 - VnExpress Newspaper

One of the most notable issues about Earth in 2024 is climate change bringing many global disasters and other extreme weather events.

27/12 Big Oil backtracks on renewables push as climate agenda falters

Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at times reversing - climate commitments in a shift that they are likely to stick with in 2025.

26/12 New York to fine fossil fuel companies $75 billion under new climate law

New York state will fine fossil fuel companies a total of $75 billion over the next 25 years to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.

25/12 Bah, Humbug! Left-Wing Guardian Delivers Christmas Day Carbon Scold

The Guardian newspaper came down hard on Christmas Day and adopted an Ebenezer Scrooge tone as it scolded those who celebrate the birth of Christ.

22/12 "It's possible": cargo ships switch to sails

Most global trade is carried out by ship: but this entails massive CO2 emissions. How can these transports be made cleaner? Some think forward - and back.

20/12 Explainer: Trump aims at Biden's Inflation Reduction Act: EVs, clean energy and manufacturing

President-elect Donald Trump has vowed to repeal Joe Biden's signature climate bill called the Inflation Reduction Act, which initially aimed at some $400 billion in new spending and tax cuts and credits at accelerating America's transition to a green energy economy.

20/12 Breakingviews - Nuclear power pitch has magical thinking at core

For a great example of how not to pitch nuclear energy, look to Australia. The country's right-wing opposition parties head into next year's federal election claiming that adding seven atomic power stations to the main electricity system would decarbonise it for A$263 billion ($167 billion), or 44%, less than building the renewables-heavy grid the ruling Labor Party government favours. But the fin

19/12 US sets new Paris climate target that Trump is expected to ignore

President Joe Biden's administration has set a new U.S. target under the Paris climate agreement to slash greenhouse gas emissions by 61%-66% below 2005 levels by 2035, a goal officials called achievable by states even if President-elect Donald Trump follows through on vows to reverse federal policies.

19/12 AI's energy hunger fuels geothermal startups but natgas rivalry clouds future

Geothermal energy startups are on the upswing with Big Tech companies looking to feed their power-intensive AI data centers, but long-term investments remain uncertain as oil majors double down on natural gas.

18/12 Montana top court says youth have right to stable climate

Montana's top court ruled on Wednesday the state's constitution guarantees a right to a stable climate and invalidates laws barring regulators from considering the effects of greenhouse-gas emissions when permitting fossil-fuel projects.

18/12 Angry letter to von der Leyen – country leaders demand a stop to the CO₂ fleet limit

Bavaria, Baden-Württemberg and Lower Saxony are calling on the EU to suspend fines for CO₂ excesses from 2025. They warn of competitive disadvantages and a backlog of investments in the auto industry.

17/12 Biden administration releases LNG export study, urging caution on new permits

The administration of U.S. President Joe Biden released a long-awaited study on the economic and environmental impacts of liquefied natural gas exports on Tuesday, saying the results underscored the need for a cautious approach to new permits.

17/12 Focus: Europe's carmakers discount EVs, hike petrol car prices as new emissions rules loom

European automakers are raising prices of petrol cars and readying discounts on electric vehicles as they brace for yet another challenge - tougher emissions rules that threaten to further shrink profits across the struggling industry.

17/12 Japan targets 40-50% power supply from renewable energy by 2040

Japan wants renewable energy to account for up to 50% of its electricity mix by fiscal year 2040 with nuclear power taking up another 20%, according to a draft of its revised basic energy policy, as it makes a clean energy push while meeting rising power demand.

17/12 BHP, Rio Tinto to build low-carbon iron pilot plant in Western Australia

Australia's BHP and Rio Tinto will jointly develop a pilot plant to produce low-carbon iron from Pilbara ores as they take steps to speed up decarbonisation in the steel industry, the companies said in a joint statement on Tuesday.

16/12 Exclusive: Trump transition team to roll back Biden EV, emissions policies

Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters.

15/12 Climate protection at the petrol pump – the ADAC sees petrol stations and the state as having a duty

Despite the price advantage, E10 premium petrol is fueled far less frequently than E5. In order to reduce CO₂ emissions in the transport sector, the ADAC is calling for government intervention. WELT also explains what drivers should prepare for in the new year.

13/12 US Supreme Court to hear dispute over California tailpipe emissions, EV standards

The U.S. Supreme Court agreed on Friday to hear a bid by fuel producers to challenge California's standards for vehicle emissions and electric cars under a federal air pollution law in a major case testing the Democratic-governed state's power to fight greenhouse gases.

13/12 Rich countries, island states lock horns on climate change at UN court

The World Court concludes hearings on Friday on countries' legal obligation to fight climate change and whether large states contributing most to greenhouse-gas emissions may be liable for damage caused to small island nations.

13/12 Earthquakes and blowouts undermine case for carbon storage in Texas

Texas has seen surging interest from companies hoping to bury carbon dioxide in its oilfields, putting the state at the vanguard of a government-subsidized program to fight climate change.

11/12 Exxon sets plan to boost oil and gas output by 18%

Exxon Mobil on Wednesday said its annual project spending will rise to between $28 billion and $33 billion between 2026 and 2030 as it looks to boost its oil and gas output by 18%.

08/12 The incredible new £6.2bn underground tunnel linking two different countries

The tunnel promises a dramatic boost to transport links between the two nations, with the journey time cut to just 10 minutes by road, and a mere seven minutes by train.

06/12 New from 2025: The most important changes for homeowners

Whether it's smart meters, dynamic electricity tariffs, mandatory solar energy, feed-in tariffs or CO₂ prices: you'll have to prepare for these changes in the new year.

05/12 Column: France's political woes may trigger fresh Europe energy crisis

The collapse of France's government on Wednesday could have far-reaching consequences for Europe's energy markets and send regional electricity costs soaring.

05/12 Pope Francis gets first all-electric Popemobile

The Pope will use the electric Mercedes G-Class to greet crowds during General Audiences and other official ceremonies.

04/12 Exclusive: 'Radical' targets toppled Tavares at Stellantis, sources say

Targets deemed unrealistic or destructive by some board members triggered the sudden fall of Stellantis CEO Carlos Tavares just a month after he received their full backing, two people with knowledge of the matter told Reuters.

04/12 EDF to extend the operating life of four British nuclear plants

EDF will extend the life of four of its British nuclear plants and invest 1.3 billion pounds ($1.64 billion) in its British fleet over 2025-2027, it said on Wednesday, in a boost for the country’s energy security and efforts to meet its climate targets.

04/12 Aramco, SLB and Linde plan to build carbon capture project

Saudi oil giant Aramco, top oilfield services company SLB and Linde, the world's largest industrial gases company, have signed an agreement to build a carbon capture and storage project in Jubail, Saudi Arabia.

04/12 Exclusive: Biden administration will not finalize clean fuel tax credit guidance

Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, three sources told Reuters, casting doubt on the future of a key piece of the U.S. president’s climate agenda.

03/12 Saudi Arabia signs solar deals with France's TotalEnergies

Saudi Arabia signed agreements for solar energy projects with foreign partners during the Saudi-French Investment Forum attended by French President Emmanuel Macron on Tuesday in Riyadh.

03/12 Why GM could suffer under Trump policies to ‘save’ Detroit automakers

It might seem like U.S. President-elect Donald Trump’s plan to gut automotive emissions restrictions and fuel-efficiency standards would be a boon to General Motors , America’s leading purveyor of full-sized trucks and SUVs and its biggest tailpipe polluter.

03/12 After decades, China sputters as engine of global oil demand growth

China's crude oil imports are on track to peak as soon as next year as transport fuel demand begins to decline for the world's top crude buyer, ending the country's decades-long run as the dominant driver of expanding oil consumption.

01/12 Over 100 countries back plastic treaty caps as talks reach fierce finish

The hoped-for treaty to come out of these talks could be the most significant deal relating to environmental protection as well as climate-warming emissions since the 2015 Paris Agreement.

27/11 BlackRock, Vanguard, State Street sued by Republican states over climate push

BlackRock , Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which said the large asset managers violated antitrust law through climate activism that reduced coal production and boosted energy prices.

25/11 Tesla racked up greenhouse emissions credits in 2023 as other automakers lagged

Tesla generated nearly 34 million metric tons of greenhouse gas credits in the 2023 model year by selling electric vehicles, as the auto industry racked up significant credit deficits in the face of more stringent emissions standards.

25/11 Business seeks details in face of mixed COP29 climate messages

COP29 deals on finance and carbon markets could lead to billions more dollars flowing around the business world if countries next year can deliver climate plans with clear policies for markets and investment.

25/11 Contentious COP29 deal shows climate cooperation fraying at edges

COP29 President Mukhtar Babayev's preparation for different outcomes at the divisive summit in Azerbaijan reflected what many had already known before it began: the Baku climate talks were never going to go smoothly.

24/11 Takeaways from the COP29 climate summit in Azerbaijan

This year's U.N. climate summit delivered a deal on climate finance two days past deadline, after two weeks of tense negotiations.

23/11 COP29 agrees deal to kick-start global carbon credit trading

The agreement hinged on how to ensure credibility in the system so it can lead to reductions in greenhouse-gas emissions that are changing the climate.

23/11 Insight: How big fossil-fuel-producing countries export emissions abroad

Black dust coats streets and collects on rooftops in the neighbourhood adjoining a sprawling cement factory in the Egyptian city of Alexandria.

23/11 Russia's claim of emissions in annexed Ukraine regions draws protests at COP29

Russia has included the territories it occupies in Ukraine in its recent greenhouse gas inventory report to the United Nations, drawing protests from Ukrainian officials and activists at the COP29 climate summit this week.

22/11 COP29 host urges collaboration as deal negotiations enter final stage

COP29 climate summit host Azerbaijan urged participating countries to bridge their differences and come up with a finance deal, as negotiations at the two-week conference entered their final hours.

22/11 Automakers urge Trump to preserve EV tax credits, boost self-driving cars

A group representing major automakers including General Motors , Toyota Motor Corp , and Volkswagen urged President-elect Donald Trump to retain key tax credits for electric vehicle purchases and take steps to speed deployment of self-driving cars.

21/11 Data-center reliance on fossil fuels may delay clean-energy transition

A spike in electricity demand from the world's big data providers is raising a worrying possibility for the world's climate: a near-term surge in fossil-fuel use.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

20/11 COP29: Climate finance talks face 'hardest' stage as summit nears end-game

With a notional Friday deadline looming, frustration over the lack of progress so far was starting to seep out of the negotiating rooms.

20/11 OPEC Secretary General tells COP29 oil is a gift from God

Haitham Al Ghais said global warming talks should focus on cutting emissions not picking energy sources.

19/11 Trump administration plans to roll back Biden's stricter fuel-efficiency standards

President-elect Donald Trump's incoming administration plans to target federal regulations championed by President Joe Biden that aim to make automobiles more fuel-efficient and incentivize a shift toward electric vehicles, according to two sources in contact with Trump's transition team.

18/11 Canadian GP agrees to carbon-reducing date change from 2026

Formula One's Canadian Grand Prix will be held in May instead of June from 2026 onwards to help reduce the sport's carbon footprint and consolidate the European season into one consecutive period.

18/11 Can a COP29 deal clean up scandal-ridden carbon offsets?

A deal at the COP29 climate talks on trading carbon credits could see billions of dollars move into emissions-reduction projects this decade but after a string of scandals, the market will first need to win over wary countries and communities.

18/11 European oil giants step back from renewables path

Almost five years ago, BP embarked on an ambitious attempt to transform itself from an oil company into a business focused on low-carbon power.

17/11 Big Oil's climate targets

The world's biggest oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the combustion of the products they sell.

17/11 Countries, companies lag in response to tackle methane emissions, UN says

Since a U.N. initiative began monitoring for methane leaks from oil and gas infrastructure last year, it has issued 1,200 alerts to governments and companies.

17/11 Methane from tropical wetlands is surging, threatening climate plans

The world's warming tropical wetlands are releasing more methane than ever before, research shows — an alarming sign that the world's climate goals are slipping further out of reach.

17/11 World looks to G20 in Rio for breakthrough in climate talks

Diplomatic tensions over global warming will take center stage at the G20 summit in Brazil this week, as negotiators at U.N. talks in Azerbaijan hit an impasse on climate finance that they hope leaders of the world's 20 major economies can break.

15/11 Explainer: A trillion dollar question - fossil fuel subsidies

In Baku, discussions are ongoing over reducing distortions and inefficiencies created by subsidies.

15/11 Global carbon offset standard setter okays three deforestation project types

The move aims to restore confidence in the market.

13/11 Focus: Trump trade policy seen as wild card for US soybean farmers

American farmers are worried that President-elect Donald Trump's sweeping tariff plans will curb their access to top soy buyer China, but tariffs could also lure companies to build more U.S. crushing plants, hungry for domestic supplies.

13/11 What are they saying at the COP29 climate summit?

World leaders are speaking at the U.N. climate summit in Baku on Wednesday.

13/11 Biden officials ask EU to align methane rules with US to ease LNG flows, letter says

President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet U.S. methane regulations automatically comply with Europe’s standards for imports, according to a letter seen by Reuters.

13/11 Development bank financing pledge gives COP29 summit early boost

COP29 negotiators welcomed as an early boost to the two-week summit a pledge by major development banks to lift funding to poor and middle-income countries struggling with global warming.

13/11 Global CO2 emissions to hit record high in 2024, report says

Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday.

12/11 COP29: How methane emissions threaten climate goals

Fast-rising methane emissions could undermine efforts to limit global warming by mid-century, prompting scientists and policymakers to urge aggressive action to curb output of the potent greenhouse gas.

12/11 US oil industry urges Trump to ditch Biden climate policies

The U.S. oil and gas industry on Tuesday called on President-elect Donald Trump to scrap many of President Joe Biden's policies aimed at fighting climate change, saying the measures threaten jobs, consumer choice and energy security.

12/11 COP 29: UK's Starmer sets out new 2035 climate goal

Prime Minister Keir Starmer said Britain would cut greenhouse gas emissions by 81% by 2035 as he committed the country to a more ambitious climate goal at the United Nations COP29 climate summit.

12/11 Shell wins landmark climate case - what does it mean for investors?

The current court decision does not mean that the oil giant will turn away from its green targets, but it will mean Shell can continue its present level of drilling.

12/11 US sets methane fee on oil, gas emitters as Biden term winds down

U.S. President Joe Biden's administration on Tuesday finalized a methane fee for big oil and gas producers meant to slash emissions of the powerful greenhouse gas, but which is likely to be scrapped by the incoming presidency of Donald Trump.

12/11 COP29: Pay up or face climate-led disaster for humanity, warns UN chief

United Nations Secretary-General Antonio Guterres told world leaders at the COP29 summit on Tuesday to "pay up" to prevent climate-led humanitarian disasters, and said time was running out to limit a destructive rise in global temperatures.

12/11 Shell wins appeal against landmark Dutch climate ruling

Oil and gas company Shell on Tuesday won its appeal against a landmark climate ruling in the Netherlands, which in 2021 ordered the oil and gas company to sharply reduce greenhouse gas emissions.

11/11 COP29 countries endorse global carbon market framework

Countries at the two-week COP29 climate summit gave the go-ahead on Monday to carbon credit quality standards which are critical to launching a U.N.-backed global carbon market that would fund projects that reduce greenhouse gas emissions.

11/11 A guide to COP29 climate jargon

With U.N. climate talks tackling complex topics from energy policy to global financial aid, the annual summit has developed its own ever-growing lexicon.

11/11 COP29 leaders speak as summit formally opens

The annual U.N. climate summit kicked off Monday with countries readying for tough talks on finance and trade, following a year of weather disasters that have emboldened developing countries in their demands for climate cash.

11/11 Trump and trade worries cloud COP29 climate summit in Baku

The annual U.N. climate summit kicks off Monday with countries readying for tough talks on finance and trade, following a year of weather disasters that have emboldened developing countries in their demands for climate cash.

09/11 California approves tighter rules for low carbon fuels policy

California regulators voted on Friday to toughen a policy aimed at boosting low-carbon fuels to slash greenhouse gas emissions from the transportation sector and meet state climate change goals, despite criticism it would increase retail fuel prices.

09/11 Explainer: COP29: What is a carbon credit? What is Article 6?

Countries at the U.N. COP29 climate summit in Azerbaijan will attempt to agree rules for a global system for trading carbon offset credits.

09/11 Explainer: Who are the key voices at the COP29 climate summit in Baku?

Nearly 200 countries will gather next week for the U.N. climate summit, COP29. Reaching a consensus for a deal among so many can be difficult.

08/11 U.S. governors pledge to press ahead on climate after Trump win

Democratic governors of two U.S. states pledged on Friday to keep building programs on renewable energy and curbing climate change after President-elect Donald Trump's victory this week.

07/11 Trump win worries international partners ahead of COP29 climate summit

Donald Trump’s victory in the U.S. presidential election has darkened the outlook for a strong deal at the COP29 climate summit next week and will increase pressure on Europe and China to lead international progress in curbing planetary warming, according to climate negotiators.

06/11 Trump return will slow, not stop, US clean energy boom

Donald Trump's return to the White House will refocus the nation's energy policy onto maximizing oil and gas production and away from fighting climate change, but the Republican win in Tuesday's presidential elections is unlikely to dramatically slow the U.S. renewable energy boom.

01/11 UK apologises to mother of girl who died from air pollution

The child's mother says the apology puts the issue of air pollution ‘firmly on the map’.

01/11 Washington state vote a harbinger for wider carbon markets

A ballot initiative to ax Washington state's carbon market would, if passed next week, send an ominous signal to other U.S. states and Canadian regions looking to build markets aimed at cutting emissions that scientists blame for climate change.

31/10 Europe’s greenhouse gas output down over 8% in a year

Latest reports show the EU is bucking a global trend for continuously rising emissions, but still not on track to meet its own climate action targets. #EuropeNews

28/10 Norway's wealth fund falls short on climate ambitions, NGO says

The $1.8 trillion fund pools the Nordic state's revenue from oil and gas production.

28/10 Current climate pledges still fall way short on Paris goals, UN body says

National pledges to cut greenhouse gas emissions still fall far short of what is needed to limit catastrophic global warming, the United Nations said on Monday as countries prepare for the next round of climate change negotiations in November.

28/10 Zero carbon ammonia for shipping faces cost, safety challenges

The first cargo ships that would be powered by ammonia are set to enter service in 2026, one of several alternatives the industry is tapping to shrink its carbon footprint.

25/10 Morgan Stanley lowers climate target, warns on sluggish transition

Morgan Stanley has lowered its expectations for cutting emissions from its corporate lending portfolio as the world is moving too slowly to a greener economy, the bank's chief sustainability officer told Reuters.

24/10 Climate set to warm by 3.1 C without greater action, UN report warns

Current climate policies will result in global warming of more than 3 degrees Celsius (5.4 degrees Fahrenheit) by the end of the century, according to a United Nations report on Thursday, more than twice the rise agreed to nearly a decade ago.

22/10 Dam disaster deal should curb lawsuits against Vale and BHP, sources say

An agreement by Vale , BHP and their joint venture Samarco to pay 170 billion reais ($29.85 billion) in compensation for a deadly dam collapse in Brazil could end more than a hundred lawsuits against the mining companies in the South American country and possibly limit legal action abroad, three sources close to the matter said.

16/10 BMW chief calls for European petrol engine ban to be relaxed

Europe must rethink the EV rollout timetable to cut reliance on China, BMW boss Oliver Zipse said.

15/10 “What did they do?” – the Stellantis boss’s harsh scolding of VW and Co.

In view of the threat of penalties, Europe's car managers are calling for easing of CO₂ regulations. But not everyone: Stellantis boss Carlos Tavares disagrees. He demonstratively speaks out in favor of the existing EU goals - and makes harsh accusations against competitors like Volkswagen.

15/10 Risk experts name climate change as biggest concern

Climate change topped the poll for the third year in a row.

08/10 Renault Embléme, the car that reduces CO2 emissions by 90% throughout its life cycle

Renault will be present at the Paris Motor Show and, among other innovations, will present the Embléme, a 5-door car concept designed for...

27/09 The electric fairytale of zero emissions

Because zero emissions are a quasi-false. Furthermore, electric cars are also produced by a factory and there may be Co2 emissions in the industrial supply chain

26/09 Tenants and owners face higher costs

The Munich Research Institute for Thermal Insulation predicts “financially serious consequences” for building owners and tenants whose buildings are in poor energy condition. The reason is the increased CO₂ price. The study was commissioned by a lobby association.

25/09 Uber calls on EU to ban combustion engines on ridesharing cars by 2030

Multinational ride-hailing company is also calling on binding targets for the production of electric vehicles in the European market along with adequate incentives to ease the climate transition.

18/09 Cars in poor condition and suspiciously smoking are being hunted in four major cities this week

A car with a very bad emission value will be sent for an out-of-order test.

14/09 The federal government rejects easing CO₂ targets for the auto industry

The CO₂ fleet limits are expected to fall significantly next year. With the Volkswagen Group leading the way, the auto industry is now calling for relief in this goal. But in Brussels and Berlin the corporations are brushing it off.

13/09 The European automotive industry lobby has started to avoid huge environmental fines

The industry is in trouble and would cost billions of euros more if the strict targets are to be kept.

07/09 Renault CEO says sector could face billions in fines as EV sales slow

Europe's autos industry could face fines of 15 billion euros ($17.4 billion) for carbon emissions due to slowing demand for electric vehicles, Renault CEO Luca de Meo said on Saturday.

06/09 Electric seaweed fuels pursuit of algae power in Chile

Slimy, green seaweed floats in water-filled beakers, buckets and bins in the University of Santiago's labs, algae which scientists in the Chilean capital are trying to turn into an efficient power source.

06/09 How would Trump seek to dismantle Biden’s climate legacy?

Presidential hopeful Donald Trump has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s centerpiece efforts to fight climate change.

03/09 Former VW chief goes on trial nine years after dieselgate

Former Volkswagen Chief Executive Martin Winterkorn appeared in court on Tuesday on fraud charges over the so-called dieselgate scandal, nine years after the German carmaker was found to have rigged emissions tests.

03/09 Breakingviews - Why Kamala Harris could be good for the planet

Donald Trump has called climate change a “hoax”, while Kamala Harris says it is an “existential threat”. Those who care about limiting global warming will therefore be hoping the U.S. vice president wins the race for the White House.

03/09 EU to tighten hydrogen subsidy rules after China concerns

The European Commission is working on tighter rules to ensure EU funding for hydrogen projects benefits European companies, after local industries raised concerns over cheap Chinese imports, the EU's head of climate change policy said on Monday.

02/09 Airlines must monitor vapour trails under new EU climate rules

The controversial new green plans, opposed by the industry, were agreed by officials on Friday

30/08 Trump would axe Biden clean power rules, speed power plant approvals, campaign says

Donald Trump would rescind many of President Joe Biden's clean energy rules while also speeding approvals of power plants to meet the nation's rising electricity demands, the Republican's presidential campaign said on Thursday.

23/08 Harris adviser Deese calls for Marshall Plan on clean energy

Brian Deese, an economic adviser for Vice President Kamala Harris' presidential campaign, called on Thursday for an economic program to loan allies money to buy U.S. green energy technologies as part of a wider strategy intended to fight climate change.

22/08 Rare Amazon river dolphins studied for climate change impact

A team of biologists, vets and fishermen captured rare freshwater dolphins this week on a lake in the Amazon to study their health in the hopes of avoiding hundreds of deaths of the mammals due to a severe drought last year.

22/08 UK faces legal action over new North Sea oil and gas licences

Britain's decision to issue dozens of new oil and gas exploration licences is being challenged in court by a marine conservation organisation, which argues ministers unlawfully failed to consider the impact on marine life.

12/08 US utilities poised to ride data center demand wave in second half

U.S. electric utilities sounded bullish on demand from data centers powering the artificial intelligence boom after striking several supply deals during the second quarter, reinforcing market expectations of sales growth through the year.

08/08 Second hottest July breaks 13-month record streak, EU scientists say

Last month was the second hottest July for the planet on record, breaking a 13-month period when each month was warmest, which had been in part fuelled by the warming El Nino weather pattern, the European Union's Copernicus Climate Change Service said on Thursday.

25/07 Scientists Warn of 'Massive' Release From Great Salt Lake

Researcher Soren Brothers said the best way "to keep this CO2 from being released is by ensuring that Great Salt Lake remains wet."

21/07 The benefits of trees for the environment and health

Every child knows that trees are great for playing, but that's not all: in addition to providing oxygen and shade, wood and fruit are important allies against the climate crisis. And just being in a forest is good for your health.

17/07 EU executive rejects auditors' call for ‘reality check’ on hydrogen

The European Court of auditors claims European Commission targets to deploy 'green' hydrogen to meet emissions targets are unrealistic, but the executive remains bullish.

16/07 Panic in Germany as country faces £13.6 billion bill to EU over target failure

Germany may owe the EU billions of pounds after the bloc set tough targets surrounding CO2 emissions, according to a new report.

11/07 Biden administration to award nearly $1.1 billion to Stellantis, GM for EV production

The Biden administration plans to award General Motors and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components, it said on Thursday.

11/07 UK reverses oil drilling permission after court ruling, campaigners say

Britain has reversed a decision to grant permission for an oil drilling operation, campaigners' lawyers said on Thursday, after a landmark ruling from the United Kingdom's highest court on the climate effects of fossil fuel projects.

11/07 China is building two-thirds of new wind and solar globally, report says

Almost two-thirds of big wind and solar plants under construction globally are in China, where surging renewable capacity has squeezed coal's generation share to new lows, research released on Thursday showed.

11/07 Montana urges state top court to overturn landmark climate ruling

Montana's top court on Wednesday appeared open to upholding a landmark ruling that found the state violated the rights of young people to a healthy environment by barring regulators from considering how new fossil fuel projects could affect climate change.

10/07 Carbon-heavy but cheaper coal to replace gas in European power mix this winter

A rise in European wholesale gas prices over the past several months could encourage more utilities to switch to coal for electricity generation this coming winter, even as countries try to push the carbon-intense fuel out of the power mix.

10/07 BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth

BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of the two main scenarios in its annual Energy Outlook, a study of the evolution of the global energy system to 2050 it published on Wednesday.

10/07 How the use of technology affects the environment without you realizing it

Storing a 15-second video in iCloud or Google Drive for nine years is equivalent to generating 100 grams of CO2

05/07 How China's EV battery makers stack up in energy storage

China's EV battery giants CATL 300750.SZ and BYD 002594.SZ are eyeing the growing market for stationary energy storage.

05/07 China, struggling to make use of a boom in energy storage, calls for even more

Rows of what look like thin, white shipping containers are lined up on a barren dirt field in China's Shandong province.

04/07 Foes of California's electric car targets take their case to US Supreme Court

Opponents of California's ambitious targets for electric car adoption to lower greenhouse gas emissions took their case to the U.S. Supreme Court this week, the latest salvo against the state's campaign to fight climate change.

03/07 GM to pay $145.8 million penalty after US finds excess emissions

General Motors will pay a $145.8 million penalty after a U.S. government investigation found excess emissions from approximately 5.9 million GM vehicles, government agencies said on Wednesday.

01/07 Amazon sidesteps carbon offset standard Bezos helped fund

Amazon has become the first company to sidestep a global standard for verifying carbon offsets that was developed by a non-profit funded largely by the U.S. technology conglomerate's founder and executive chair, Jeff Bezos.

01/07 New fuel restrictions for ships in Arctic fall short, green groups say

Ships sailing through Arctic waters will no longer be able to use or carry heavy bunker fuel oil under a United Nations shipping agency regulation which took effect on Monday.

28/06 Germany, Morocco agree alliance to support green hydrogen production and exports

Germany has agreed to form a climate and energy alliance with Morocco to support renewable energy expansion and hydrogen production in the north African country, the development ministry said on Friday.

27/06 Global carbon removal market could reach $100 billion/yr from 2030-35, report says

The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion last year if barriers to its growth are addressed, a report by management consultancy Oliver Wyman said on Thursday.

27/06 US Supreme Court blocks EPA's 'Good Neighbor' air pollution plan

The U.S. Supreme Court blocked an Environmental Protection Agency regulation aimed at reducing ozone emissions that may worsen air pollution in neighboring states, handing a victory on Thursday to three Republican-led states and the steel and fossil-fuel industries that had challenged the rule.

25/06 Carbon price for homes and cars could prove ‘very controversial’

While public awareness of an incoming carbon price for home heating and motor fuels remains low, the European Commission is aware it may become a hot political issue for the next EU executive.

22/06 Climate fraud is slowing the switch to electric buses

The scandal surrounding fake CO₂ certificates from China is having a surprising impact on the transport transition in Germany: the revenue calculation of the municipal bus companies no longer works - because the fraud has distorted the market.

21/06 US offers $850 million in grants to clean up oil sector methane emissions

The U.S. government opened up on Friday competitive bidding that will close on Aug. 26 for $850 million in grants to help small oil and gas producers monitor and reduce methane from their operations, a major part of the Biden administration's plan to crack down on leaks of the potent greenhouse gas.

21/06 Hawaii agrees to 'groundbreaking' settlement of youth climate change case

Hawaii on Thursday agreed to settle a lawsuit by 13 young people alleging the U.S. state was violating their rights under its constitution by operating a transportation system that contributes to greenhouse gas emissions and climate change.

20/06 Explainer: How climate change fuels extreme heat worldwide

Climate change is driving dangerous heat waves across the Northern Hemisphere this week and will continue to deliver dangerous weather for decades to come, research shows.

20/06 Oil companies flare more natural gas, defying effort to eliminate practice

Oil companies around the world last year burned off the most natural gas in five years while also increasing the intensity of the highly polluting practice, a World Bank report found on Thursday.

20/06 Environmental activists win landmark ruling over UK oil well plan

The UK's highest court ruled on Thursday that planners must look at the impact of emissions on global warming before granting approval for oil wells, in a landmark case that climate activists said makes it easier to block fossil fuel projects.

20/06 Fossil fuel use, emissions hit records in 2023, report says

Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical Review of World Energy report said on Thursday.

19/06 GE Aerospace developing hybrid engines for single-aisle jets

GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade.

19/06 U.S. Senate passes bill to support advanced nuclear energy deployment

The U.S. Senate on Tuesday passed a bill to accelerate the deployment of nuclear energy capacity, including by speeding permitting and creating new incentives for advanced nuclear reactor technologies.

18/06 Canada oil and gas emissions cap likely to curtail production, report says

Canada's proposed oil and gas emissions cap will prompt companies to cut production rather than invest in costly carbon capture and storage (CCS) technology, according to a report by consultancy Deloitte and released by the Alberta government on Tuesday.

18/06 US unveils rules for subsidies to boost clean energy wages

President Joe Biden's administration on Tuesday unveiled final rules for new clean energy subsidies in an effort to make jobs and wages in green industries competitive with those in oil and gas.

18/06 EU drafts plan to exempt long-haul flights from new emissions rules

The European Commission has drafted plans to exempt long-haul flights from rules on monitoring their non-CO2 emissions, after international carriers lobbied for an opt-out, documents seen by Reuters showed.

18/06 Oil and corn groups team up in lawsuit to halt Biden truck emissions rules

The top U.S. oil and corn industry lobby groups said on Tuesday they were suing the administration of President Joe Biden over its plan to slash planet-warming emissions from heavy-duty vehicles, arguing the regulations will cause economic harm.

18/06 AI can help shipping industry cut down emissions, report says

The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping startup Orca AI showed on Tuesday.

18/06 US judge dismisses Exxon case against activist investor over proxy filing

A U.S. judge on Monday dismissed a lawsuit Exxon Mobil had filed against activist group Arjuna Capital after the group had agreed not to pursue future proxy filings at the company's annual meetings.

17/06 More than 800 coal plants worldwide could be profitably decommissioned, research group says

More than 800 coal-fired power plants in emerging countries could be decommissioned and profitably replaced by cleaner solar energy starting from the end of the decade, research on Monday showed.

17/06 US as many as 15 years behind China on nuclear power, report says

The U.S. is as many as 15 years behind China on developing high-tech nuclear power as Beijing's state-backed technology approach and extensive financing give it the edge, a report said on Monday.

17/06 Industry fears EU carbon border tax will penalise British green energy

British wind and solar farms exporting power to continental Europe could face CO2 fees from 2026 - even though they don't produce any emissions - unless the UK and European Union can agree changes around the EU's carbon border tax.

14/06 “We have the greenwashing behind us, we will stop it now”

The Bundestag is debating the alleged fraud scandal involving fake climate protection projects abroad. While the SPD and the Greens try to play down the political dimension, the Union is particularly targeting one minister. There are also critical voices from the traffic lights.

14/06 G7 leaders commit to faster transition from fossil fuels - draft statement

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at the end of their ongoing summit in Italy.

13/06 Largest US oil trade group to sue to block Biden's EV push

The nation's largest oil trade group, which includes Exxon Mobil and Chevron , will file a federal lawsuit on Thursday seeking to block the Biden administration's efforts to reduce planet-warming emissions from cars and light trucks and encourage electric vehicle manufacturing, the group said.

13/06 Explainer: The global fight over climate change funding

Nearly 200 countries will try to agree a new global goal for funding to fight climate change at this year's U.N. COP29 climate summit in November in Baku, Azerbaijan.

13/06 Study details huge emissions resulting from Russia's invasion of Ukraine

Russia's invasion of Ukraine has directly caused or paved the way to the emission of 175 million tonnes of carbon dioxide (CO2) into the atmosphere, a joint report said on Thursday.

13/06 Google partners with Nevada utility for geothermal to power data centers

Google has entered into an agreement with Berkshire Hathaway electric utility NV Energy to power its Nevada data centers with advanced geothermal electricity, the U.S. technology company said on Wednesday.

13/06 Russia could face €30bn climate reparations bill for Ukraine war

Carbon experts have put together the most comprehensive emissions assessment of any war to date.

11/06 Exclusive: US House committee report finds Wall Street 'colluded' to curb emissions

A U.S. congressional committee will accuse the biggest Wall Street firms on Tuesday, in a report seen by Reuters ahead of its publication, of colluding with advocacy groups to force companies to shrink their greenhouse gas emissions.

10/06 Explainer: From trade to climate, five takeaways from the EU election

The European Parliament took a shift to the right after a four-day election concluded on Sunday, with more eurosceptic nationalists and fewer mainstream liberals and Greens.

07/06 New US truck, SUV fuel economy rules much less stringent than original proposal

President Joe Biden's administration on Friday finalized tighter fuel economy rules for trucks and sport utility vehicles through 2031 that are not as stringent as it first proposed, a federal agency said.

07/06 Entergy, NextEra to jointly develop 4.5 GW of energy storage projects

Utility firm Entergy and a unit of NextEra Energy on Friday entered into an agreement to develop up to 4.5 gigawatts (GW)of new solar and energy storage projects.

07/06 Exclusive: Major world economies seek to halt new private sector coal financing

Some of the world's major economies want to finalise a plan ahead of this year's U.N. climate summit to halt new private sector funding for coal projects, five sources with direct knowledge of the matter told Reuters.

07/06 CO2 levels in the atmosphere are rising to levels never seen before across the planet, experts warn

Experts from the US Oceanic and Atmospheric Administration and other institutions indicated that the continued use of fossil fuels and El Niño conditions would be influencing this phenomenon.

07/06 60 million tonnes of CO2: What it will take to rebuild Gaza

Nearly two million Gazans are displaced and made more vulnerable to the climate crisis by a war exacerbating it.

06/06 NY power grid faces shortfalls as new energy supply lags, operator says

New York's electric grid will face supply shortfalls if the rate of retiring old fossil fired power plants continues to quickly outpace the addition of clean new energy supply at the same time demand rises, the state's grid operator said on Thursday.

06/06 US solar projects could boom amid deadline to use up tax-exempt panel glut

A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year.

06/06 Plug-in polluters? How Biden's emissions rules go soft on hybrid trucks, SUVs

When the Biden administration announced new U.S. auto-emissions regulations in March, it made concessions to industry allowing for a much slower electric-vehicle transition than it had proposed a year earlier.

06/06 IEA expects global clean energy investment to hit $2 trillion in 2024

Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed.

05/06 Democrat calls only 7 EV-charging stations deployed under US program 'pathetic'

Just seven electric-vehicle (EV) charging stations have begun operating with funding from a $5-billion U.S. government program created in 2021, marking "pathetic" progress, a Democratic senator said on Wednesday.

05/06 World hits streak of record temperatures as UN warns of 'climate hell'

Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU's climate change monitoring service said on Wednesday, as U.N. Secretary-General António Guterres called for urgent action to avert "climate hell".

05/06 China to establish carbon footprint management system by 2027

China aims to establish an initial carbon footprint management system by 2027, it said on Wednesday, a move that would create a more comprehensive and unified system of standards to measure carbon emissions.

04/06 In Japan, energy security fears put nuclear back in favour for 2040 plan

Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand and heightening geopolitical risks, but is likely to struggle to meet its targets, industry experts say.

04/06 Volvo to issue world's first EV battery passport ahead of EU rules

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to start production, the Swedish automaker told Reuters.

04/06 EURO 2024 teams can slash their emissions by 60% by not flying: NGO

Only three of the 24 teams taking part have answered T&E's calls to opt out of flying during the month-long football extravaganza. #EuropeNews

03/06 EU wind and solar growth displaces fossil fuel generation, report says

Wind and solar power generation in the European Union increased by 46% from 2019, when the current European Commission took office, to 2023, displacing a fifth of the bloc's fossil fuel generation, a report by think tank Ember showed.

30/05 Battle over power pylons highlights Britain's net zero challenge

Dot Matthie says she faces losing the use of the airstrip in her field because of a British government plan to build electricity pylons in the area, which would put light aircraft in danger.

30/05 Britain's creaking power grid leaves green energy revolution adrift

British ferry operator Wightlink wants to order a $60 million, state-of-the-art electric ferry to make its crossings cleaner and greener. But it can't commission the vessel until it gets a power upgrade.

30/05 Little to no ethanol will qualify for US aviation fuel credit

Little to no ethanol will qualify for U.S. sustainable aviation fuel (SAF) subsidies under a new pilot program by President Joe Biden's administration, which toughened climate requirements at the last minute, according to a Reuters review of government data and people familiar with the matter.

30/05 EU agrees to quit energy investment treaty over climate concerns

European Union countries agreed on Thursday to jointly quit an international energy treaty, over concerns that it protects fossil fuel investments and undermines efforts to fight climate change, the Belgian EU presidency said.

30/05 Federal government approves controversial CO₂ storage

The underground storage of carbon dioxide is currently prohibited. The federal government now wants to make this possible in order to make it easier for industries to move towards more climate-friendly production. Without storing CO₂, the climate goals cannot be achieved, says Economics Minister Habeck.

29/05 Climate lawsuits build as a Latin American court hears largest case ever

Latin America's human rights court holds a final hearing in Brazil on Wednesday in a case that's part of a global wave of climate litigation, as several international courts prepare first-time opinions on what countries must do to combat climate change.

29/05 Exclusive: White House to support new nuclear power plants in the U.S.

The White House on Wednesday plans to announce new measures to support the development of new U.S. nuclear power plants, a large potential source of carbon-free electricity the government says is needed to combat climate change.

29/05 Biden administration expands tax credits beyond wind, solar

The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion.

29/05 Growing armada shipping sanctioned oil burns dirty fuel in a setback for clean-up efforts

The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to cut shipping emissions, according to shipping data and sources.