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climate change

Kerry: US 'hopeful' it can work with China to tackle climate change

Kerry: US 'hopeful' it can work with China to tackle climate change

  • Sino-US relations have been strained in recent years by disagreements about trade, China's treatment of its Uighur minority, as well as China's actions in Taiwan and Hong Kong.
  • Kerry said the countries would discuss how to reduce a reliance on coal, as well as how to "raise ambitions" on climate change ahead of November's conference.
Published 03 Apr, 2021 09:26pm
U.S. envoy Kerry heads to India to try and lift 'climate ambition'
World

U.S. envoy Kerry heads to India to try and lift 'climate ambition'

  • Prime Minister Narendra Modi’s government is facing calls from the United States and Britain to commit India to a net zero emissions target by 2050
  • Kerry will also visit the United Arab Emirates and Bangladesh, which experts say is especially vulnerable to climate change
Published 01 Apr, 2021 01:55pm
Canada's top court upholds pillar of Trudeau's plan to fight climate change
World

Canada's top court upholds pillar of Trudeau's plan to fight climate change

  • Noting that climate change is a threat to the country as a whole, the country's top court upheld the legality of the Greenhouse Gas Pollution Pricing Act, which had been challenged by the provinces of Alberta, Saskatchewan and Ontario.
  • "Parliament has jurisdiction to enact this law as a matter of national concern," Chief Justice Richard Wagner wrote in the ruling.
Updated 25 Mar, 2021 07:34pm
Goldman Sachs board nominates Royal Dutch Shell CFO for director role
Business & Finance

Goldman Sachs board nominates Royal Dutch Shell CFO for director role

  • If her appointment is approved by shareholders, Jessica Uhl will be the fifth woman director on Goldman's board and its only member to come from the fossil fuel industry.
  • Shell, where Uhl has worked since 2004, recently vowed to eliminate net carbon emissions by 2050, as it prepares to expand its renewables and low-carbon business in the face of growing investor pressure on the oil and gas sector to battle climate change.
Updated 15 Mar, 2021 09:24pm
US senators introduce bipartisan oil and gas leasing reform bill
World

US senators introduce bipartisan oil and gas leasing reform bill

  • The bill, authored by Senators Jacky Rosen, a Democrat from Nevada, and Chuck Grassley, a senior Republican from Iowa, would increase the minimum bid price per acre during lease auctions and raise the royalty rate companies must pay on oil and gas produced from the leases.
  • The legislation's backing by Grassley could be critical to winning support for the reforms in the closely-divided Senate. Similar bills introduced in the House last week did not include any Republican sponsors.
Published 10 Mar, 2021 06:30pm
Delta to spend $30mn to offset most of its 2020 impact on climate
Business & Finance

Delta to spend $30mn to offset most of its 2020 impact on climate

  • The Atlanta-based company said its medium-term goal is to replace 10% of its jet fuel, which is currently refined from fossil fuel, with sustainable aviation fuel by the end of 2030.
  • That followed moves in Europe by easyJet to offset emissions on all its flights and by British Airways and Air France to do the same on their domestic flights.
Updated 04 Mar, 2021 09:52pm
Oil industry lobby weighs support of carbon pricing
Business & Finance

Oil industry lobby weighs support of carbon pricing

  • The American Petroleum Institute, which includes most of the world's biggest oil companies, is considering endorsing carbon pricing "among other policy solutions to reduce emissions and reach the ambitions of the Paris Agreement,"
  • A draft statement of the policy shift reviewed by the Wall Street Journal said the group does not endorse a specific carbon pricing tool such as a tax on carbon emissions or emissions trading scheme.
Published 02 Mar, 2021 08:46pm