Climate Change








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Climate Change

The US Supreme Court has declined to hear a novel climate change case brought by youth

The U.S. Supreme Court rejected on Monday a bid from 21 young people who wanted to bring back a novel suit claiming that the U.S. Government's energy policy violates their right to be protected against climate change. The justices refused to hear the appeals of the youth activists against a ruling by the 9th U.S. Circuit Court in San Francisco. Circuit Court of Appeals directed a federal judge to dismiss the case in Oregon after finding that they lacked standing to sue. The verdict marks the end to Juliana v. United States. It was one of the most long-running climate...

Pollution

The US Supreme Court has declined to hear a novel climate change case brought by youth

The U.S. Supreme Court rejected on Monday a bid from 21 young people who wanted to bring back a novel suit claiming that the U.S. Government's energy policy violates their right to be protected against climate change. The justices refused to hear the appeal by the youth activists of a ruling by the 9th U.S. Circuit Court in San Francisco. Circuit Court of Appeals directed a federal judge to dismiss the case in Oregon after finding that they lacked standing to sue. The verdict marks the end to Juliana v. United States. It was one of the most long-running climate...

Environment

JPMorgan asset management unit quits industry climate coalition

JPMorgan Chase & Co announced that its asset management division has left a flagship climate initiative. This is a major blow for the group, which had paused operation in January to try to stop defections due to political pressure by U.S. Republicans. In a statement, a representative from the JPMAM unit noted that the Net Zero Asset Management initiative had taken pause in January "due to changes in the regulatory climate and client expectations". JPMAM decided to leave the market in light of this. The company didn't immediately respond to further questions. Neither did the organizers. Republicans, including many from...

Environment

Malawi's female sandminers trapped by climate change dilemma

Sand mining is a growing industry for women after floods and drought The work is hard and the pay is low Sand mining is a major contributor to land degradation By Charles Pensulo The 37-year old sand-miner has no time to appreciate her surroundings. A tourist hotspot centred around the vast body of waters known as the Lake of Stars because of the brilliance of the nighttime reflections. Wilson notices that the shoreline is receding and thinks it may be her fault. She says that she is stuck with no choice. She said, "We think that (sand-mining) contributes to erosion....

Environment

Sources: Former Newmont executive to oversee mining at US Energy Council

Two sources familiar with this appointment confirmed that former Newmont executive David Copley was appointed to oversee the mining portfolio of the U.S. National Energy Dominance Council. This makes him the highest ranking federal official shaping the domestic minerals policy. The President Donald Trump created the Council last month to increase not only U.S. production of oil and gas, but also extraction and processing lithium, copper, and other essential minerals that are used throughout the economy. Trump and his predecessors have long been irritated by China's near total control over the vital minerals industry. The U.S. still does not have...

Natural Gas Utilities

Southwest US Grid expands into the West

SPP reported that energy regulators approved Thursday the Southwest Power Pool's expansion of its territory. The pool will become the first regional U.S. electrical grid to operate both in the western and the eastern interconnections. Why it's important SPP is one seven regional transmission operators (RTOs) that control the flow of electricity, as well as the markets which facilitate it. These RTOs compete for members and territory. SPP, who runs the bulk grid and wholesale market for power in 14 states of the West and Midwest, will extend its reach under an agreement signed unanimously by the U.S. Federal Energy...

Electric Utilities

Iranians are fighting a 'water crisis'

Iranians are urged to reduce water consumption as dam levels drop Farmers in the United States are suffering from a nationwide water shortage The shortfall is similar to an overdrawn account By Sanam Mahoozi The water levels in the dams surrounding the capital are at an all-time low. Water rationing is expected this summer, as the country wilts from a severe drought. As water levels decline, lakes are disappearing and farmers are struggling. In cities, huge sinkholes appear. The kitchen taps often run dry, and students are concerned about the washing. Last week, the managing director of Tehran’s Water and...

Environment

Amazon will sell carbon credits to customers and suppliers

Amazon, the U.S. retailer, has announced that it will begin selling carbon credits, which are used to offset climate-damaging emissions, to its business customers, suppliers and other companies. The launch coincides with a heated debate among companies, scientists and project developers about how carbon credits can be used by companies to reduce their emissions. The retailer stated that it uses industry-leading standards for its credit checks and supports the development of rigorous standards when existing checks are inadequate. Amazon is the first company to sell credits. However, it has participated in efforts to establish industry standards, and invested directly in...

Climate Change

Bloomberg reports that the US has delayed a $2.6 billion climate financing package for South Africa.

Bloomberg News reported Thursday that the United States has delayed the payment of $2.6 billion to South Africa in climate finance, raising fears the funds may be completely withheld. This is according to people familiar with this situation. The report said that earlier this month, U.S. officials prevented the World Bank's Climate Investment Funds from approving the disbursement of $500 million to South Africa. The report stated that the funding would unlock $2.1 billion in additional financing from multilateral banks, other financial sources, and could be approved at the CIF meetings scheduled for June. CIF is a multilateral fund that...

Environment

Top fund managers ask US courts to dismiss climate-related antitrust case

BlackRock, Vanguard, and State Street asked a Texas federal court to dismiss a lawsuit filed by a Texas state accusing top fund managers of conspiring to reduce coal production through climate activism. The firms said the allegations were based on "half-baked, untested" theories. Asset managers asked the court to reject the "adventurous" attempt to rewrite the antitrust laws. Fund managers claim that the closely followed case led by Texas Attorney-General Ken Paxton does not provide any examples where companies have ever told a coal company they should reduce production. Analysts in the industry have been watching closely to see what...

Climate Change

BlackRock, Vanguard and State Street ask the court to dismiss US Antitrust lawsuit

BlackRock, Vanguard, and State Street, late Monday, asked a Texas judge to dismiss the U.S. lawsuit accusing them conspiring to reduce coal production, claiming that these allegations were "half baked and untested" theories. Asset managers asked the judge to reject the "adventurous" attempt to rewrite the antitrust laws. The companies claimed that the complaint led by the Texas State Government does not provide any examples of them telling a coal firm to reduce production. Together, BlackRock Vanguard and State Street manage assets worth more than 26 trillion dollars. They have become major voices when it comes to how U.S. companies...

Environment

US Releases $57 Million in Financing to Reopen Michigan Reactor

The U.S. Department of Energy announced on Monday that it had disbursed 57 million dollars of a loan guarantee of up to $1.52billion for Holtec’s Palisades Nuclear Plant in Michigan. Holtec hopes this will be the U.S.'s first commercial reactor to resume operations after ceasing to operate. The loan guarantee was part a larger effort by former President Joe Biden's administration to support nuclear power, which produces virtually emissions-free electricity, and to curb climate changes and to satisfy the rising demand for electricity from artificial intelligence (AI), electric vehicles, and digital currencies. The Loan Programs Office of the Department closed...

Europe

Climate Change

Scientists in Switzerland hope to preserve the largest glacier of the Alps, even as ice melt accelerates.

Scientists in Switzerland said that the largest glacier of the Alps may still be saved if global temperatures are kept below 2 degrees Celsius. However, a significant amount of ice will now disappear. According to a UN report released on Friday, glaciers are disappearing more quickly than ever. The last three years saw the greatest loss of mass on record. Over a million visitors a year visit the Junfraujoch platform, 3,454 meters high, to view the Great Aletsch Glacier, which is 20 km long and 10 billion tons in weight. The Aletsch Glacier is at a high altitude and we...

Energy Markets

Britain considers linking with EU Carbon Market

The government announced on Thursday that Britain is actively examining the case for linking the Emissions Trading System with the European Union’s carbon market in advance of the UK-EU Summit scheduled for May. When the leaders of the two sides meet for the Summit, Britain will seek enhanced cooperation in the areas of security, law enforcement, and removing trade barriers. The UK ETS Authority released a statement that said, "The UK Government is committed to improving UK trade and investment relations with the EU and tackling unnecessary trade barriers." The statement read: "Ahead the UK-EU Summit scheduled for the 19th...

Climate Change

OECD: Global debt surpasses $100 trillion due to rising interest rates

The OECD reported on Thursday that outstanding government and corporate debt globally exceeded $100 trillion in 2012. Rising interest rates have forced borrowers to make tough decisions and prioritise investments. Although central banks have cut interest rates, borrowing costs remain higher than they were before the rate hikes of 2022. Low-rate debt continues to be replaced, and interest costs will likely rise in the future. This comes at a moment when governments are facing large spending bills. This week, the German parliament approved a massive infrastructure plan that will support an broader European defense spending push. Major economies are facing...

Western Europe

East Asia

Climate Change

Study warns that cities will face droughts and floods due to rising temperatures

A study commissioned by WaterAid on Wednesday showed that the weather in many of the most densely-populated cities around the world is changing from droughts to flooding and back again, as rising temperatures disrupt the global water cycle. Researchers found that South and Southeast Asia are experiencing the most wet weather, while Europe and the Middle East, as well as North Africa, are getting drier. The study was based on 42 years' worth of data from over 100 of the largest cities in the world. Michael Singer, Water Research Institute at Cardiff University and one of the study's authors, said...

Climate Change

Lammy, UK's Lammy, says that Britain and the Philippines are committed to rules-based orders

David Lammy, British Foreign Minister, said that Britain and the Philippines are committed to an international order based on rules. Lammy, on an official visit to the Philippines, said that both countries had stood together, supporting Ukraine, and promoting a free, open Indo-Pacific. Lammy and his Philippine counterpart said at a press conference that they were charting a course for their relationship in the face of global instability. They also emphasized that it was important to strengthen ties with other like-minded countries, such as the Philippines. The Philippines and Britain have signed a framework agreement for enhanced cooperation in multiple...

Climate Change

Inuit pride fuels Greenland independence spirit after Trump interest

In a small workshop in Nuuk, the capital of Greenland, goldsmith Nadja Kreutzmann polishes stones and metals mined on this vast island rich in minerals. Her jewellery is decorated with Inuit symbols for life and survival. Indigenous identity in Greenland is resurging ahead of the March 11 general elections called by U.S. president Donald Trump after he said he wanted Greenland to be his. Trump's interest in Greenland has shaken up the status quo. This, coupled with growing Inuit pride has led to some locals viewing the vote as an historic opportunity to free Greenland of Danish influence. Greenland is...

Environment

What China can teach Europe on geopolitical autonomy: Klement

By Joachim Klement March 4, 2019 - As the transatlantic alliance seems to be tearing apart, Europe must quickly devise a strategy to harness geopolitical power. China could be a good source of ideas on how Europe can achieve this. Enhancing defensive capabilities is the first step. China's military was modernised in the early 1990s by its leadership. World Bank estimates that Chinese defence spending grew from $12 billion in 1993, to approximately $296 billion by 2023. This represents an annual growth of more than 11% compared to the 3.5% average in the U.S. China has the largest naval force...

Environment

New attempt made by countries to reach $200 billion nature finance agreement

This week, countries will gather in Rome to try again to figure out how to raise $200 billion per year to preserve biodiversity around the world. It's a chance to give global cooperation a boost as the United States pulls back. Donald Trump's moves to cut development funding since his January inauguration have cast a cloud over discussions and put pressure on participants, despite the fact that the world's largest economy wasn’t a signatory of the efforts. Last October, after striking a landmark agreement in 2022 - the Kunming Montreal Global Biodiversity Framework to stop nature losses by 2030 –...

Environment

Atomic scientists adjust 'Doomsday Clock' closer than ever to midnight

Atomic scientists on Tuesday moved their Doomsday Clock closer to midnight than ever before, citing Russian nuclear threats in the middle of its intrusion of Ukraine, tensions in other world hot spots, military applications of expert system and climate modification as elements underlying the threats of global disaster. The Publication of the Atomic Researchers set the clock to 89 seconds before midnight - the theoretical point of annihilation. That is one 2nd closer than it was set in 2015. The Chicago-based nonprofit developed the clock in 1947 throughout the Cold War tensions that followed World War 2 to warn the...

Environment

China tortures and turns on seaborne coal market: Russell

China imported a record amount of coal in 2024, driving world imports of the fuel to an alltime high. So why are coal exporters beginning 2025 in a deep blue funk? For coal exporters, China is both their saviour and tormentor, as the record import volumes are only possible due to the fact that seaborne prices have dropped to multi-year lows. Rates for export coal have declined in order to stay competitive with China's domestic prices, with the world's. biggest producer and importer of coal driving what takes place in. international coal markets. China's coal imports increased to an all-time...

Climate Change

Leading emitter China tells World Court that UN treaties cover states' climate responsibilities

China informed the leading U.N. court on Tuesday that existing U.N. treaties must supply the basis for its advisory viewpoint on states' legal commitments to fight international warming and address the repercussions of their historical contributions to it. The U.N. General Assembly, after a campaign led by small island states, asked the International Court of Justice (ICJ) to issue a viewpoint on nations' legal obligation for the negative impact of climate modification. One of those states, Vanuatu, on Monday asked the court to acknowledge the damages environment change had actually triggered and order reparations for its repercussions. China, one of...

Environment

Bear attacks are rising in Japan. Aging hunters are on the front line.

A gunshot rang out on a recent morning in a meadow in northern Japan. The brown bear plunged in the cage, viewed by a handful of city officials and hunters. The bear had been roaming around a nearby home and eating its way through surrounding cornfields, so authorities and hunters in Sunagawa city had set a trap with a deer carcass to entice the starved creature. For me, it's constantly a bit deflating when a bear gets caught, Haruo Ikegami, 75, who heads the local hunters' association, informed Reuters hours beforehand. Japan is coming to grips with a growing bear...

Carbon Emissions

Amazon to pilot AI-designed material for carbon elimination

Amazon.com Inc prepares to pilot a new carbonremoval product for data centers, which are at threat of getting worse emissions from expert system systems they power, a startup behind the deal said on Monday. In a twist, AI itself, from the start-up Orbital Products, is what created the carbon-filtering substance, its Chief Executive Jonathan Godwin stated. It resembles a sponge at the atomic level, Godwin informed Reuters. Each cavity in that sponge has a particular size opening that engages well with CO2, that doesn't communicate with other things. Prospective cost-savings are partially the draw. The new material amounts to an...

Pollution

UN talks struggle for advancement on plastics treaty as due date looms

The chairman of talks aiming for a global treaty to control contamination from plastics provided a file on Friday laying out procedures that could furnish the basis of a pact, in an attempt to spur conversations as a Dec. 1 deadline methods. South Korea is hosting delegates from about 175 countries at the fifth and final meeting of the U.N. Intergovernmental Working Out Committee (INC-5) to agree internationally binding guidelines on plastics, but this week's talks had moved at glacial speed. The document, provided by committee chair Luis Vayas Valdivieso and seen , featured concepts such as a. international list...

Climate Change

China scientists rush to climate-proof potatoes

In a research study center in the northwest of Beijing, molecular biologist Li Jieping and his team harvest a cluster of seven abnormally small potatoes, one as tiny as a quail's egg, from a potted plant. Grown under conditions that replicate forecasts of greater temperatures at the end of the century, the potatoes supply an ominous sign of future food security. At just 136 grams (4.8 oz), the bulbs weigh less than half that of a normal potato in China, where the most popular varieties are often two times the size of a baseball. China is the world's most significant...