greenhouse gas emissions News

Update: UN Shipping Agency Strikes Deal on Fuel Emissions, CO2 Fees

Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels. The U.S. …

What Two Oil Firm Ads Show About Where UK Regulator Draws Line on Greenwashing

An ad for TotalEnergies SE inflated the oil company’s investments in renewable energy, misleading consumers, the UK’s advertising regulator ruled on Wednesday. Another commercial for Shell, which promoted its investments in EV charging stations and renewable energy, as well as …

EU Weighs International CO2 Credits to Meet New Climate Goal, Sources Say

The European Commission is considering counting international carbon credits towards its next climate target, a move that could weaken the CO2-cutting efforts it demands from domestic industries, sources familiar with the matter told Reuters. The idea is among options being …

Deutsche Bank’s DWS Pays $27 Million in German Greenwashing Case

Deutsche Bank AG’s investment arm DWS agreed to pay €25 million ($27 million) to end a long-running German investigation into alleged greenwashing, in a similar settlement to the one it struck with US regulators in 2023. DWS gave a false …

Extreme Weather in 2024 Forced Biggest Displacement of People in 16 Years

Extreme weather last year including typhoons, heatwaves and flooding led to the biggest displacement of people since 2008, and exacerbated a food crisis in more than a dozen countries, according to a report. Tropical cyclones were responsible for many of …

Update: Peruvian Farmer Takes Germany’s RWE to Court in Landmark Climate Case

A Peruvian farmer who says German energy giant RWE’s emissions have contributed to the melting of Andean glaciers, increasing the flood risk to his home, took his case to court on Monday in a hearing that could set a precedent …

Europe’s Winter Storms Will Get Worse as Emissions Rise, Study Says

Global carbon emissions are amplifying a North Atlantic wind pattern that drives northern Europe’s biggest winter storms, new research shows. According to projections from scientists at the UK’s Met Office and University of Exeter, in a scenario with very high …

Europe’s Warming Ocean Current ‘Unlikely’ to Collapse This Century

A new study disputes a long-held fear that climate change will lead to a quick, total collapse of the Atlantic Meridional Overturning Circulation (AMOC), the ocean current that brings warmth to northwestern Europe. Scientists from the UK’s Met Office and …

EPA Submits to Congress Approved EV Plan Adopted by 11 States

The U.S. Environmental Protection Agency said on Wednesday it has submitted the Biden administration’s approval of California’s landmark plan to end the sale of gasoline-only vehicles by 2035 to Congress for review and potential repeal. The decision by the new …

Taiwan Environment Minister Eyes Insurance Funds to Help With Green Transition

Taiwan aims to get more than $1.5 billion in investment from insurance funds to help finance the island’s green energy transition as part of its climate change and carbon reduction goals, Environment Minister Peng Chi-ming has said. Although most countries …