President Alberto Fernandez took to a makeshift stage in Argentina’s Vaca Muerta shale deposit in October to announce the nation was doubling down on fossil fuels. “Today we are relaunching the oil and gas economy,” he declared, starting with $5 billion of government subsidies. Two months later, he had a different message for global leaders […]
Biden puts US back into fight to slow global warming
Biden signed an executive order rejoining the Paris climate accord within hours of taking the oath of office, fulfilling a campaign pledge. Washington: President Joe Biden returned the United States to the worldwide fight to slow global warming in one of his first official acts and immediately launched a series of climate-friendly efforts that would […]
‘Two-headed beast’: China’s coal addiction erodes climate goals
Between 2000 and 2018, its annual carbon emissions nearly tripled, and it now accounts for nearly a third of the world’s total greenhouse gases linked to global warming Beijing: China’s surprise pledge to slash its carbon footprint to zero by 2060 was met with cautious applause, but fresh spending on coal to rev up a […]
4 Questions About China’s New Climate Commitments
In his speech to the UN General Assembly last week, President Xi Jinping of China announced that China will scale up its Nationally Determined Contribution (NDC) to tackling climate change by adopting more vigorous policies and measures in an effort to peak carbon dioxide emissions before 2030 and reach carbon neutrality before 2060. The announcement […]
Is Apple green? Not until its Taiwanese suppliers cut emissions
Firms like TSMC and Foxconn are installing solar panels and buying power from offshore wind farms to meet Apple targets. Apple Inc. has gone carbon neutral. But in order to say the same for its flagship iPhone, it’s going to need help from Taiwan. More than three-quarters of the emissions that come from making Apple’s […]
Rich nations must make pandemic recovery plans green: global investors
While some members of the world’s 20 biggest economies such as Britain, France and Germany have made statements about doing just that, some of the biggest emitters such as China and the United States have yet to do so LONDON: The world’s richest nations must ensure their COVID-19 recovery plans are sustainable and help meet […]
Climate Emergency: India offers financial and technical support to developing nations
The members of United Nations negotiated and adopted the Paris Agreement in which India made four commitments, including reducing greenhouse gas emission intensity of its GDP by 33-35 per cent below 2005 levels by 2030, under its NDC. In the run up to two key United Nation’s summits on Climate Change this month, India has […]
Antonio Guterres calls on nations to come up with concrete plans to fight climate change
Expressing concern over changes in the weather patterns leading to severe heat waves across the world, UN Chief Antonio Guterras has called on global leaders to come up with concrete plans and strategies for carbon neutrality by 2050 and not “beautiful speeches.” Expressing concern over changes in the weather patterns leading to severe heat waves […]
Japan sets carbon-neutral goal as UK plans climate laws
Japan has joined Britain in pledging to become carbon neutral later this century, as the world races to prevent catastrophic climate change, but critics blasted Tokyo’s plan as unambitious. While Britain on Wednesday outlined plans for fast-track legislation that would reduce carbon emissions to net zero by 2050, Japan’s policy only pledges to meet the […]
UN Chief Guterres: The Status Quo on Climate Policy ‘Is a Suicide’
We are losing the fight against climate change, warns U.N. Secretary General António Guterres on this week’s episode of Political Climate. We are losing the fight against climate change, warns U.N. Secretary General António Guterres. Even if countries were on track to meet their Paris Agreement goals — which they’re not — the world would […]