Swedish greenhouse gases up 7% in 2022 due to Nord Stream leak 15/12/2023

The major gas leak last year in the Baltic Sea from the sabotaged Nord Stream pipeline caused Sweden's annual territorial greenhouse gas emissions to rise, by 7%, the Environmental Protection Agency said on Thursday. ...more

US EPA must do more to ensure captured carbon stays underground -report 15/12/2023

The U.S. environment regulator does not sufficiently verify that carbon capture and storage (CCS) projects keep emissions trapped underground and should boost its requirements to ensure companies receiving CCS tax credits provide an actual environmental benefit, a watchdog group said on Thursday. ...more

France's Credit Agricole to stop financing new fossil fuel projects 15/12/2023

Credit Agricole (CAGR.PA), France's second-largest listed bank, said on Thursday it would stop financing new fossil fuel extraction projects and publish its exposure to that sector as part of its new climate targets. ...more

'Green Nobel' prize to recognize environmental work in Amazon rainforest 15/12/2023

The great-grandnephew of Alfred Nobel is offering a "Green Nobel" prize, unrelated to the Nobel Foundation, to environmental champions of the Amazon rainforest. ...more

A23a: Monster iceberg just shy of a trillion tonnes 15/12/2023

Scientists now have good numbers to describe the true scale of the world's biggest iceberg, A23a. ...more

UAE first country in region to launch greenhouse gas, air quality and emissions tracking tool 14/12/2023

The UAE has become the first country in the region to develop an integrated greenhouse gas emissions and air quality monitoring, reporting and verification (MRV) system in line with the Enhanced Transparency Framework under the Paris Agreement. ...more

Nations strike deal at COP28 to transition away from fossil fuels 14/12/2023

Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing global consumption of fossil fuels to avert the worst of climate change, a first of its kind deal signaling the eventual end of the oil age. ...more

Reuters Exclusive: Infrastructure faces $600 billion hit in worst-case climate shift - study 14/12/2023

Infrastructure investors face losing nearly a third of their money, or around $600 billion, if countries do not plan for an orderly shift to a greener economy by mid-century, a first-of-its-kind study shared with Reuters showed. ...more

Arctic warming threatens wider world with rising seas - US report 14/12/2023

The Arctic experienced the warmest summer on record this year, contributing to extraordinary wildfires and melting glaciers while threatening the rest of the world with problems including higher sea levels, a U.S. report said on Tuesday. ...more

Ferrari and Philip Morris to collaborate to cut carbon footprint of Italian plants 14/12/2023

Luxury sportscar maker Ferrari (RACE.MI) said on Wednesday it would work with tobacco company Philip Morris International (PMI) (PM.N) to study ways in which they could cut the carbon footprint of their factories in Italy's Emilia-Romagna region. ...more