greenhouse gas emissions News

EU Takes ‘First Step’ to Certify Removals of Carbon Dioxide From Atmosphere

The European Union set out plans on Wednesday to certify removals of carbon dioxide from the atmosphere, while leaving key details to be worked out later – including how these removals will be counted towards EU climate change targets. The …

TotalEnergies to Take Legal Action After Greenpeace Says it Under-Reports Emissions

France’s TotalEnergies said on Thursday it would take legal action after environmental group Greenpeace France said it had under-reported its carbon emissions in 2019. Greenpeace France earlier accused the oil giant of under-reporting emissions, sparking a debate about its seriousness …

Earth Is on Track to Warm Above 2C, Even With Climate Action: UN Report

Government plans to cut greenhouse gas emissions aren’t enough to avoid catastrophic global warming, with the planet on track to heat up between 2.1 and 2.9 degrees Celsius by the end of the century compared to pre-industrial times, according to …

Biden ‘Social Cost of Carbon’ Climate Risk Measure Upheld by U.S. Appeals Court

A U.S. appeals court on Friday upheld the “social cost of carbon” calculation used by President Joe Biden’s administration, which sharply boosts the price tag policy makers will put on the environmental impact of greenhouse gas emissions from that used …

U.S. Treasury Proposes Climate Data Collection Rule for P/C Insurers

U.S. Treasury on Tuesday said it was proposing a new rule to collect data on climate-related risks from property and casualty insurers, one of the first concrete actions in a new push to beef up financial regulation to help fight …

How Methane Leaks Accelerate Global Warming

Methane leaks have emerged as a top threat to the global climate, with the latest incident involving two Russian gas pipelines under the Baltic Sea that are at the heart of an energy crisis since Russia invaded Ukraine. Methane, the …

Coalition of Insurers, Pension Funds Commit $7.1 Trillion to Support 1.5°C Climate Goal

A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees’ Retirement System and Zurich Insurance Group AG have committed to managing $7.1 trillion of assets in line with the Paris Agreement’s goal of limiting …

Europe’s Record-Breaking Summer Heat Wave Will Be the Norm by 2035: Report

Europe’s record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet their climate goals — with regular droughts and fires set to become the norm. By the end of the century, …

England Records Driest July Since 1935 Amid Searing Heat Wave

England had the driest July since 1935 amid a searing heat wave that pushed infrastructure to the brink and severely disrupted travel. The unusually dry weather came as temperatures rose above 40 degrees Celsius (104 Fahrenheit) for the first time. …

Climate Change Made Deadly UK Heat Wave at Least 10 Times More Likely: Study

The UK’s heat wave earlier this month fueled so many blazes in London that the city’s fire service was busier than any day since Nazi attacks in World War II. More than 840 people may have died in England and …