World's largest carbon market faces revamp under draft EU plan

The world's biggest carbon trading market faces a major overhaul under European Union climate change plans to cut greenhouse gas emissions faster this decade.

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Toxics

ICYMI: Bayer launches carbon capture program for farmers in U.S. and Brazil

Bayer AG launched a pilot program in the United States and Brazil on Tuesday that will pay farmers for capturing carbon in cropland soils, making it the latest agriculture company to seek to capitalize on environmental initiatives. One incentive for farmers will be credits toward Bayer products, e.g., RoundUp.

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Climate

Greta Thunberg urges Merkel to get out of climate 'comfort zone'

Swedish activist Greta Thunberg urged German Chancellor Angela Merkel "to be brave enough to think long-term" in a meeting on Thursday where they discussed the climate crisis and measures to fight global warming.
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Climate

EU makes world's biggest 'green recovery' pledge - but will it hit the mark?

Pledging a record sum of money to slow climate change is one thing. Spending it wisely is another.

Climate

Greta Thunberg demands 'crisis' response to climate change

Swedish activist Greta Thunberg urged European leaders on Thursday to take emergency action on climate change, saying people in power had practically "given up" on the possibility of handing over a decent future to coming generations.
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Climate

U.S. backs changes to aviation emissions scheme: Sources

The United States supports changing a landmark aviation emissions scheme now under review by a UN agency, after airlines said the current deal could leave them with higher carbon offsetting costs when air travel recovers from coronavirus, sources familiar with the matter said.
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Climate

Carmakers need to make deeper CO2 cuts to meet climate goals, EU says

Carbon dioxide emissions from new cars in Europe increased for a second consecutive year in 2018, according to data published by the European Union's environment agency on Wednesday, putting carmakers on a collision course with the bloc's climate goals.
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Climate

Climate activists stage protest at oilfield in southern England

Extinction Rebellion activists staged a protest on Monday at an oilfield in southern England part owned by British energy company UK Oil & Gas Plc, according to a spokeswoman for the group and photos on social media.
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Climate

U.N. delays crucial climate summit for a year, cites pandemic

The coronavirus pandemic has prompted the United Nations to delay until late 2021 a crucial climate summit that had been scheduled for Britain this year, officials said on Thursday.
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Climate

Japan submits updated emissions plan, leaving carbon target unchanged

Japan has maintained its carbon emissions reduction target in its updated emissions plan submitted to the United Nations as part of an international process to address climate change.
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Climate

As Europe fights coronavirus and climate, is 'green stimulus' the way?

Normally thrifty countries, such as Germany, accept they will have to spend heavily to weather the economic shock of the coronavirus. Many also face the challenge of ploughing billions of euros into climate schemes to keep carbon reduction pledges. Could "green stimulus" be the answer?

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Energy

Crossing state lines? Oil firms flare Texas gas as investors vent on climate

Across the Permian Basin's high desert landscape, natural gas is going up in smoke even as oil majors including Exxon Mobil and BP pledge cuts in greenhouse gas emissions.

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Climate

Global CO2 emissions from power sector fell 2% last year: Study

Global carbon dioxide emissions from the power sector fell by 2% last year, the biggest fall since at least 1990, owing to reduced coal usage in Europe and the United States, a study showed on Monday.

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Climate

Finnair steps up efforts to be carbon neutral by 2045

Finnair said on Thursday it had stepped up its efforts to achieve carbon neutrality by 2045 through a range of measures and would begin by halving its net emissions by 2025 from their 2019 level.

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