Explainer: Why the U.S. Inflation Discount Act has rattled Europe

BRUSSELS, Feb 1 (Reuters) – The European Fee offered its Inexperienced Deal Industrial Plan on Wednesday in response to the U.S. Inflation Discount Act (IRA), with elevated ranges of state help to assist Europe compete as a producing hub for clear tech merchandise. Whereas EU nations welcome the U.S. dedication to vitality transition, they concern … Read more

Extinction Riot UK to halt disruptive protests

LONDON, Jan 1 (Reuters) – The British arm of the Extinction Riot environmental group mentioned on Sunday it could take a break from acts of public disruption as a way to carry extra individuals on board its marketing campaign for pressing motion to counter local weather change. The grassroots group’s protests have beforehand included closing … Read more

U.S. to disclose scientific milestone on fusion vitality -sources

WASHINGTON, Dec 12 (Reuters) – The U.S. Division of Vitality on Tuesday will announce that scientists at a nationwide lab have made a breakthrough on fusion, the method that powers the solar and stars that sooner or later might present an inexpensive supply of electrical energy, three sources with data of the matter stated. The … Read more

Explainer: Why the U.S. Inflation Discount Act has Europe up in arms

PARIS, Dec 5 (Reuters) – Prime European Union officers will use a commerce assembly with U.S. counterparts on Monday to press considerations about Washington’s big new inexperienced vitality subsidy package deal. Whereas EU nations welcome the brand new dedication to vitality transition, they concern the $430 billion Inflation Discount Act (IRA) will unfairly drawback their … Read more

Florida pulls $2 bln from BlackRock in largest anti-ESG divestment

Dec 1 (Reuters) – Florida’s Chief Monetary Officer mentioned on Thursday his division would pull $2 billion value of its property managed by BlackRock Inc (BLK.N), the largest such divestment by a state against the asset supervisor’s environmental, social and company governance (ESG) insurance policies. The transfer will hardly dent BlackRock’s $8 trillion in property … Read more

Canada launches new Indo-Pacific technique, deal with ‘disruptive’ China

OTTAWA, Nov 27 (Reuters) – Canada launched its long-awaited Indo-Pacific technique on Sunday, vowing extra sources to cope with a “disruptive” China whereas working with the world’s second-biggest financial system on local weather change and commerce points. The 26-page doc outlined C$2.6 billion ($1.9 billion) spending, together with to spice up Canada’s army presence and … Read more

COP27 delivers local weather fund breakthrough at value of progress on emissions

COP27 local weather summit ends after marathon weekend negotiations Last deal delivers on creating historic local weather finance fund Negotiators say some blocked tighter emissions targets SHARM EL-SHEIKH, Egypt, Nov 20 (Reuters) – Nations closed this yr’s U.N. local weather summit on Sunday with a hard-fought deal to create a fund to assist poor international … Read more

Biden and Xi meet face-to-face as superpower relations mired in tensions

Nov 13 (Reuters) – U.S. President Joe Biden will meet Chinese leader Xi Jinping in person on Monday for the first time since taking office, with U.S. concerns over Taiwan, Russia’s war in Ukraine and North Korea’s nuclear ambitions on top of his agenda. The long-awaited in-person meeting comes as relations between the superpowers have … Read more

Climate protesters in Portugal storm building, urge minister to step down

LISBON, Nov 12 (Reuters) – Hundreds of protesters angry about the climate crisis took to the streets of Lisbon on Saturday, with dozens storming a building where Portugal’s Economy Minister Antonio Costa e Silva was speaking demanding that the former oil executive resign. Holding banners and chanting slogans, protesters demanded climate action. As some demonstrators … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger striker in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more