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
Tag: cop27
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
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
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
Apple, Pepsi among newest to join alliance buying greener concrete and steel
PepsiCo Inc., Apple Inc. and Rio Tinto PLC can be counted among the newest members of a corporate alliance committing $12 billion to purchasing near-zero-carbon steel, aluminum, cement and other products with the intention Read more
Opinion: Protecting forests is even more powerful in the climate fight than we thought
At last year’s United Nations climate summit in Glasgow, more than 100 heads of state committed to halt and reverse forest loss by 2030. If successful, this pledge would play a huge role Read more
Al Gore at COP27: ‘Choose life over death’ by ending oil and gas reliance
“Leaders must ‘choose life over death’ and end the use of fossil fuels.” That’s former U.S. vice president and onetime presidential hopeful Al Gore, whose nearly two-decade focus on combating Read more
U.S.’s Kerry wants to tap companies to fund developing world’s fossil fuel exit
The U.S. reportedly wants to launch a carbon credit program to tap the might of the world’s largest companies to fund a transition off coal, especially, but also oil and Read more
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