The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
Tag: Climate Change
COP27: U.S. on the hook to pay for pollution; natural gas deemed transition fuel
For the first time ever, rich nations, including a top-polluting U.S., will pay for the climate-change damage inflicted upon poorer nations. These smaller economies are often the source of the Read more
At COP27 climate summit, Brazil’s Lula says Amazon deforestation to stop
Six weeks before taking power, Brazilian President-elect Luiz Inácio Lula da Silva on Wednesday told a packed crowd at the U.N. climate summit in Egypt that his administration would crack Read more
Biden at COP27 on firmer footing, but world wants U.S. to lead on pollution cut
President Joe Biden addressed the U.N. climate summit Friday with his Democratic party having survived a projected Republican “red wave” in the midterm elections — and in doing so protecting Read more
Jeff Bezos helping fund U.N. effort to tag methane emitters with data from space
More help on tracking potent Earth-warming methane emissions will come from space, the United Nations said Friday, announcing a satellite-data system funded by Amazon’s Jeff Bezos, the U.S. government and Read more
Biden tightens methane emissions rule, but still wants more U.S. oil for now
The Biden administration has rolled out what it calls a “super-emitter response program” Friday that’s intended to push the fossil-fuel industry to control how much atmosphere-warming methane it spews into Read more
Biden at COP27 on firmer footing, but world wants U.S. to lead on pollution cut
President Joe Biden addresses the U.N. climate summit Friday with his party surviving a midterm election “red wave” by Republicans — in the process protecting at least the bulk of Read more
Opinion: Opinion: Global cooperation is not necessary to fight climate change
PROVIDENCE, R.I. (Project Syndicate)—This week’s United Nations Climate Change Conference (COP27) in Egypt highlights the growing consensus that multilateral cooperation is necessary to avert environmental catastrophe. But with geopolitical tensions Read more
Nicole was U.S.’s first hurricane in November in 40 years. Here’s why.
Nicole has weakened to a tropical storm after making landfall along the East Coast of Florida early Thursday as a Category 1 hurricane, flooding coastal buildings and knocking out power Read more
6 U.S. mega banks behind a third of global funding expanding coal, oil and gas
The six major U.S. banks are behind more than one-third of the financing going to expanding fossil-fuel extraction, according to an update to a closely followed annual report by a Read more