Climate Change

The U.S. Securities and Exchange Commission announced a proposal?on?Friday to eliminate dormant regulations that were adopted by former 'President Joe Biden, which?requires companies to disclose their climate-related spending and risks. This is part of the government-wide retrenchment in climate policy following President Donald Trump's return to office last summer. The rule was adopted in 2024, but it has not yet taken effect because of a legal battle from conservative states and industrial lobbies. It was meant to'respond to mounting investor demands for consistent information on the building up of climate-related risks in the financial system, and the costs that companies...

Scientists say that climate change is a major factor in the loss of species. It is reshaping habitats and shrinking them, which plants require to survive. Researchers modeled future ranges of 'numerous' species of vascular plant, a group that includes 'almost all plants in the world - those which have water- and nutrients-carrying tissue. They?looked? at over 67,000 species. This is about 18% the known vascular plant species in the world. The researchers found that between 7% and 16% of species could lose over 90% of their range. This puts them at a high risk of extinction. Catalina Ironwood or...

According to a senior Arizona official, the U.S. government has proposed a plan to share water on the Colorado River, which is currently suffering from a drought. This new plan could reduce up to 40% of current supplies to Arizona and California. The federal government intervened last week to address severe water shortages. A 20-year-old agreement expiring this summer and the talks between the seven states who share the Colorado River at an impasse led to the proposal of a new plan. Buschatzke, a representative of the Arizona water stakeholders, told a gathering of Arizona water stakeholders that the U.S....

Canada announced a C$1 trillion ($729 billion), strategy on Thursday to double its capacity of 'electricity grids by 2050. The plan was based on the rapidly growing 'power demand' and the need for energy safety. Mark Carney's announcement comes at a time when Canada's electrical systems are being put under increased strain by industrial growth, AI data centers and the use of electric vehicles. However, the?country?s total electricity production has decreased, in part due to droughts that have reduced hydroelectric capability and the retirements of coal-fired plants. Canada is looking to reduce its trade dependence on the United States because...

Scientists warned that climate change is causing unprecedented fire outbreaks in Africa, Asia, and other parts of the world this year. Conditions are expected to worsen as summer in the northern hemisphere approaches and El Nino weather patterns take hold, they said. Scientists warned that fires in the northern hemisphere from January to April had already caused unprecedented damage. They burned more than 150,000,000 hectares of land (370.66,000,000 acres), 20% more than previous records. Researchers said that temperature records may be broken this year. This will cause widespread fires and drought, as well as the effects of climate change caused...

The U.S. Air Force has yet to answer Maryland's congressional delegation about the delay in notifying them of a fuel spill from Andrews Air Force Base. Maryland lawmakers say they have yet to receive a response from Defense Department following a letter they sent earlier this week asking for answers regarding a fuel spill into Piscataway Creek, Prince George's County. They were notified of the incident on March 23 - two months after it occurred. About 22,000 gallons were released into the environment contaminating soils, and Piscataway Creek. The delegation, with the exception of Republican Congressman Andy Harris said that...

According to a federal forecast issued on Thursday, Colorado River flows will reach record lows in Lake Powell this summer after the lowest ever snowpacks were recorded in Colorado, Utah, and Wyoming. According to the Colorado Basin River Forecast Center, a March heatwave "prematurely" melted any snow that fell during a warm and dry winter. This will result in Colorado River flows to Powell being only 13% above average from April to July. This would be the lowest spring-summer runoff since 1963, when the reservoir was created. It supplies water to 40 million people in cities like Los Angeles, Phoenix,...

According to an 'notice' on the US. Budget office website. The Securities and Exchange Commission made the move a year ago, after refusing to say to a federal judge whether it intended to either change the rule or defend its 2024 regulations from industry-backed legal challenges which 'dogged' the agency’s rule-making under the previous administration. Donald Trump has rejected 'the scientific consensus regarding climate change, and his administration is moving to undo the?related regulations that were adopted by former president Joe Biden. Paul Atkins, SEC chair, said in a statement that the agency is working to rescind this rule and...

The U.S. Justice Department has filed a lawsuit to block Minnesota's long-running lawsuit that seeks?to hold Exxon Mobil and other oil industry participants accountable?for the harms caused by climate changes. The lawsuit was the latest in a long line of lawsuits filed by President Donald Trump to stop Democratic-led state governments from enforcing climate change laws and pursuing lawsuits against fossil fuel companies. Judges have recently dismissed ?two similar lawsuits that the Justice Department filed against Michigan and Hawaii, which are among the ?numerous states and local governments that have in recent years pursued climate-change-related investigations or lawsuits against fossil...

On 'Monday, the U.S. Justice Department filed a lawsuit against Minnesota for its regulation of global greenhouse gas emissions. This is a part of a series of federal actions that has included fraud investigations and immigration raids in Minnesota. In its complaint, the department claims that Minnesota tries to regulate greenhouse gas emissions by suing companies of energy in state courts. In a statement, Associate Attorney General Stanley Woodward stated that Minnesota officials could not 'undermine President Trump's directive to unleash American energy dominance by requiring their woke climate preferences be the uniform policy? of the nation. Tim Walz, the...

The Republican Florida Governor Ron DeSantis has signed a law on Wednesday that prohibits local government in his state from promoting and?funding?diversity?initiatives. He claims such programs are discriminatory against certain groups, like white men. Republican state leaders in the United States and President Donald Trump’s administration have rallied to oppose diversity, equity and inclusive (DEI). Civil rights activists say DEI practices address historical inequities faced by marginalized groups such as women, the LGBT and racial/ethnic minorities. DeSantis stated on Wednesday that "I think the white males have been discriminated against" by DEI. DeSantis’ office stated that the bill prohibits local...

Environmental activists will protest outside SpaceX Starbase launch 'facilities' on Tuesday, ahead of the highly-anticipated IPO 'of Elon Musk’s company. They'll be pressuring public pension funds to reject the deal because they're worried about safety and pollution issues. The South Texas Environmental Justice Network has announced that its members will protest Tuesday outside the main entrance of SpaceX as it begins three days tours and meetings with Wall Street analysts. Bekah Hinojosa, co-founder of Network, has urged investors to boycott the IPO. She also lobbied against the purchase of shares by the New York City Comptroller Mark Levine for the...

Brazil is expecting to raise $50 billion reais (9.92 billion dollars) in what will be its most ambitious auction 'yet, under the Eco Invest Program, which is focused on 'developing advanced sustainable technology -in strategic sectors. The fifth auction announced on Monday, and the last one under the current administration will continue to leverage private investments with public funds from Climate Fund. Ceron stated that Brazil was preparing to?do a roadshow? in the U.S.A., Europe, and China, seeking foreign capital. The funds will be allocated to six areas, including: sustainable fuels, battery systems and artificial intelligence for production, green chemistry...

Researchers in Rio de Janeiro reported that the coral cover on Brazil's Abrolhos reefs, which is the most biodiverse ecosystem of the South Atlantic, had fallen by around 15% in 18 years due to climate changes and human activity. The climate change-linked heatwaves have intensified the so-called "bleaching events" where corals expulse the algae they call home. This permanently undermines the coral health. Corals are dying because their health is compromised by the increased frequency of heatwaves. They may even regain color with this increase, but will develop diseases and necrosis. Coral reefs sustain about 25% of marine life around...

Researchers in Rio de Janeiro have reported that the coral cover on Brazil's Abrolhos Reefs, which is the most biodiverse coral system in the South Atlantic has decreased by around 15% in 18 years as a result of climate change and human activity. The marine heatwaves caused by climate change have intensified the so-called "bleaching" events, where corals expulse the algae they call home. This permanently damages coral health. Corals are dying because of their compromised health, Moura explained. "With increasing heatwaves corals might regain color but develop diseases and?necrosis." Scientists have called the current state of coral reefs in...

WMO said that the return of El Nino weather conditions is expected as early as this May, and could affect?global temperatures, and a?rainfall pattern. El Nino, as defined by the WMO, is a periodic increase in sea surface temperature over the eastern and central Pacific Ocean. It typically lasts nine to twelve month. It said that a clear'shift' has been observed, with sea surface?temperatures rapidly rising, indicating a high probability of El Nino developing between May and July. Wilfran Moufouma OKia, WMO's Chief of Climate Prediction, said in a press release that "after a period neutral conditions, the climate models...

Oliveiro Guerreiro Filho, an agronomist at the Campinas Agronomy Institute, wanders among a mess of coffee plants. Unlike the uniform rows on most Brazilian coffee farms each cluster is a little different. Researchers hope that the genes from these 15 non-commercial and uncommon breeds, such as racemosa and liberica, could help to ensure future supplies of Arabica coffee. Scientists warn of the impact climate change will have on arabica, the most common bean in coffee production. Brazil is expected to be among those countries that see a decline in output. Rabobank released a report this week that said climate change...

Brazil has been fighting to protect the Amazon for many years, but now it is enlisting new allies to help in this fight: bankers. The new rule, which takes effect Wednesday, requires that banks check whether rural loan applicants have deforestation in their farms by using government tools based on satellite images. Farmers applying for government-funded rural credits must provide proof of deforestation permissions if bank managers detect clearing in the Amazon or Woodlands since?2019. Andre Lima is the head of Brazil's Environment Ministry, which leads efforts against deforestation. Brazil's powerful agricultural sector has reacted negatively to the new policy....

The Brazilian government has auctioned off its first public land concession to startup Re.green for reforestation. This is the first attempt to use carbon credits to fund the recovery of millions acres of degraded protected areas. Re.green is the only bidder who offered to restore and protect for 40 years a 145,000-acre parcel in the Bom Futuro Reserve in the Amazon rainforest. According to the auction notice, the fee was 0.7% of the revenue generated by the project. This is expected to be around $2 million per year. The company is part of a group that buys degraded land from...

Business leaders and climate agencies have warned that Peru's agricultural export sector, which is booming, could be hit by heavy?rains this year due to the coastal El Nino weather phenomenon, as its effects are already being felt on local fruit plantations. El Nino coastal is a climate event that occurs periodically. It is caused by abnormally warm water, which is found primarily along the north Pacific coasts of Peru and Ecuador. This causes heavy rains. Gabriel Amaro is the leader of the agricultural producers association. He said that while the phenomenon was weak at the moment, it had destroyed 6,000...

Former international affairs secretary Tatiana Rosito said that the Brazilian government plans to mobilize over?250 billion Reais ($48.4 Billion) in sustainable investment during President Luiz Inacio Lula's four-year current term. 2026 will be centered on consolidating initiatives currently underway. Rosito said that Brazil had assembled a wide range of financial instruments to be showcased at its G20, BRICS, and COP30 leadership. She added that the priority is to deliver results and attract capital, rather than creating new tools. Rosito says that Brazil's recent push for policy has helped it regain its status as a global player. Peers now see Latin...

While 2026 is off to a rough start in terms of geopolitics, many equity investors around the world are still trying to find bargains. There are still some pockets of potential value for those who are willing to look outside the U.S. You might not expect to find them. Last year at this time, European and emerging markets equities traded below their historical valuation ranges. But after a strong 12 month run, these broad discounts have mostly disappeared and now most major indices look fully valued. Price pullbacks are likely to occur in a year with high valuations and increased...

Juan Solari weaves between rows of corn in Chivilcoy. He brushes past yellowing leaves, and smaller ears, which are a result of the heat and lack rain of January in Argentina's Pampas plains. Argentina, which is one of the top food exporters in the world, was on track to have a record-breaking corn harvest for the 2025/26 year. However, unusually high temperatures in January, with some areas reaching 35 degrees Celsius, coupled with low rainfall, caused crops in Argentina's agricultural heartland to be stressed. The Buenos Aires Grain Exchange lowered its estimate of Argentina's grain production to 57 millions metric...

The Patagonia forest fires destroyed an area twice as large as Buenos Aires. This has sparked criticism about the austerity measures taken by President Javier Milei, which have reduced aid resources significantly. On Thursday, the government announced that it would declare an 'emergency' in the southern provinces? of Chubut, Rio Negro and La Pampa. Wildfires are common in Patagonia during the summer months, but the current fires have breached Los Alerces National Park, a UNESCO World Heritage site famed for its alerce trees, which can live more than 3,600 years, ?making them the world's second-longest-living tree species. Forest fires are...