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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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Climate

Support builds to end free EU carbon permits for aviation

A proposal to end free European Union carbon allowances for airlines and make them buy all the pollution permits they need gained momentum on Thursday, as at least seven member states backed the idea, EU officials said.

Climate

BMW, Daimler aim to cut emissions 20% this year with new electric models

New electric models will help BMW and Daimler cut emissions from the cars they sell by an average of 20% this year, the German automakers predicted on Tuesday, as they strive to meet tough new European pollution rules.

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Climate

Environment groups say EU's planned climate law means a lost decade

Environmental groups said on Monday that a decade could be lost in Brussels' plan to combat change because its planned "climate law", which could tighten emission targets for member states every five years, would not kick in until 2030.

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Toxics

Ride-hailing increases emissions, contributes to climate pollution

Ride-hailing services are increasing carbon emissions, with such trips creating more pollution than comparable private car rides and drawing passengers away from public transportation, according to a study released on Tuesday that examined the impact on seven U.S. cities.

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Climate

World's financial firms risk $1 trillion in losses if slow to act on climate change: Report

The world's financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new report shows.

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Climate

BMW expects to cut average emissions in Europe by 20% this year

BMW will continue to grow sales globally while at the same time lowering its European average emissions of carbon dioxide by around 20% this year, Chief Financial Officer Nicolas Peter said on Thursday.

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